Reglstèred number.- 00555631
Charlty number: 207480
THE GURDJIEFF SOCIETY
(A company limited by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE GURDJIEFF SOCIETY
IA company limlted by guarantee)
CONTENTS
Page
Reference and administrative details of the Company. Its Trustses and advlsers
Trustees. report
Independent audltors, report on the flnanclal statèments
statement of financial activities
8-11
12
Balancg shoot
13-14
Notes to the flnanclal ststements
15-28

THE GURDJIEFF SOCIETY
IA company limited by guarantee
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
J Connell
R C C Temple, Co-chairman
L J N Morrocco
SEWood
A M Planidin
N Jobsl
A Courtenay-mayers
J Thorold, Co-chairman (deceased 13 May 20241
D Belhge
S Belhge
A W H Gibbs, Joint Treasurer
C R Glanville, Joint Treasurer
M J K Planidin
Company reg15tered
number
00555831
Charity registered
numbgr
207480
Reglstered office
14th Floor 33 Cavendish Square
London
W1GOPW
Cornpany secretary
R C C Temple
Independont audltors
Surner Audilco Limited
14th Floor
33 Cavendish Square
London
W1GOPW
Bankers
National Weslminsler Bank PIC
46 Notting Hill Gale
London
W113HZ
Page 1

THE GURDJIEFF SOCIETY
IA company limited by guaranteel
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with th& audited financial slalemen15 of the The Gurdjieff
Society for the 1 April 202310 31 March 2024. The Annual report serve5 the puiposes of both a Trustees. report
and a directors, report under company law. The Trustees confirm that the Annual report and financial statements
ol the charitable company comply with the current stalulory iequirernenls, the requirements of the charitable
company's governing document and the provisions of the Slalemenl of Recommended Pracli¢e ISORPI
8ppli¢able lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191.
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report
required Df medium and large companies under the Companies Act 2006 Islralegic Report and Directors,
Report) RegLJlalions 2013 has been omilled.
ObJectlvg$ and actlvltl&s
a. Pollcl6s and oblectlves
The Society is conslituled as a charitable company lim(ted by guarantee, incorporated on 6th October 1955 and
registered as a charity on 28 December 1967. The charitable cornpany was established under a Memorandum of
Asstscialion, which established the objects and powers of the charitable company and is governed under ils
Articles of Association.
In setting objectives and planning for aclivilies, the Trustees have given due Consideration lo g8noral guidance
published by the Charity Commission relating to public benefrt, including the guidance 'Public benefit.. running a
charity IPB21'.
b. Strategies for achleving obJectlve$
The Society airns lo maintain and develop the pra¢lical approach lo research initiated by G. l. Gurdjieff and his
closest pupils and lo invite participation in this work from those members of the public who express a serious
interest in pursuing K(.
c. Actlvltles undertaken to achleve objective5
The principal aim of the StsGiely is research into the advancement of mankind and the development of thought,
through lectures. meetings and other activities - specifically in relation to the teachings of G. l. Gurdjieff.
UnLler the Articles of AssocialiDn, the Board ol Directors is known as the Council of the Soclely. The mernbers
are also Trustees for the PLJrposes of the Charities Act 1993.
When reviewing the Sociells aims and objectives in p18nning future aclivilie8, the Council have considered the
Charity Commission's general guidance on public benefit.
Page 2

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities Icontinuadl
d. Maln actlvFtles undertaken to further the Company's purposes for the public beneflt
Since 1955, the activities of the Stsciely have been conducted mainly al its two properties in London, and also al
its property in Berkshire. The activities include meetings in small groups to exchange views and study specific
rnalerial, the practice of dances known as the 'movements" musical a¢livili&s and various crafts, and work on
translations and literature associated with the ideas of G. l. Gurdjieff.
At our Berkshire facility we aim lo provide an edu¢8tlon in practical work and crafts, which have included glass
working, mosaics, painting, sewing, upholstery, carpentry, horticulture, building restoration methods, the study of
sound and the making of simple musical inslrumenls, wlh the ernphasis Dn working with a sustained effort of
attention, along the lines of the ideas of G. l. Gurdjieff.
The Society maintains a website, www.gurdjieff.com, which providès a ¢onla¢t point for enquiries from members
of the public. Although some responses are limited lo a passing curiosity, those who express a genuine interest
are given advi¢e on any questions raised and on suitable preparatory reading about G. l. Gurdjieffs lea¢hings.
When an enquirer demonslrales a sincere interest in engaging in the Sociells aclivilies, then the Coun¢il will
off&r an opportunity lo meet and discuss rnatlers in person. Although mainly based in London, the Society also
conducts activities in several regional locations within the United Kingdom, and in the Republic of Ireland.
Consequently, potential participants are not generally precluded from joining because of their location. Enquiries
from those who live outside the UK are referred lo the appropriate Gurdjieff foundation abroad. The Society
maintains contacts with numerous such foundations overseas.
Members and participants of the Society also hold public meetings at various locations throughout the United
Kingdom, where an introduction to the ideas of G. l. Gurdjieff is given and public interest is invited.
The Society presents regular cultural events le.g. lectures, musical performances, storytelling and poelryl, open
lo the public for a nominal entrance fee, al one of ils London properties, A website, ￿w.¢18rendOneVenI8.org.Uk.
is maintained lo advertise these events.
The Society also maintains the websitè www.in-betwe&n.org.uk, whlch presents material on a wide range of
cultural lopi¢s, including subjects directly related lo the leachlng of G. l. Gurdjieff. Visitors lo the website are
invited lo ¢ontribule material for review and possible publication on the sile.
The Society does not discriminate against potential participants Dn grounds of age, race. sex or religion.
The Council has updated the So¢ietls policy on Safeguarding lo meet requirements of current Charity
Commission guidance. A senior Iruslee has been appointed to lake charge of this maller and a learn of Society
members stands ready to respond lo any Safeguarding issues which might arise. Appropriate Safeguarding
policy documents have b&en created, announced and made available lo all participants in the Society's aclivilies.
The Council is fully commilled lo keeping the subject of Safeguarding under regular review and to maintaining
future compliance with any further developments in Charrty Commission guidance.
Those people who are actively involved in the aims of the SDciely are generally asked lo wnlribule towards the
running costs of the Society, bul il has always been, and remains, the Council's firm policy that nobody shall be
excluded from activits'es because of lack of financial means. Existing contributors who experience temporary
financial difficulties are invited lo resume Conlribuling when they are able to do so.
11 has been established from the oulsel that all members of the Council give of their lirne freely and ng
remuneration was paid lo any member of the Council in the year. Expenses paid lo Council members le.g. for
travel abroad in furtherance of the Society's aim51 are properly recorded in the accounts.
Any private benefit which may accrue to members or participants in the Society's activitles is purely incldental.
Page 3

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Objectives and activities Icontinuedl
The Council members have paid due rogard lo the guidance issued by the ChaTily Commission in deciding what
activities the Society should undertake.
Achievements and performance
. Key performance indicators
The slalemenl of financial activities shows a net increase of funds of £118,618 12023.. increase of £45,663)
before other recognised gains of £NIL 12023.. £200,000). Reserves stand in lolal al £9,385,453 12023..
£9,266,835) of which, £576,58612023.' £457,968) are free reserves.
b. Revlew of actlvltle$
The Society maintained the a¢livilies in pursuan¢e of ils objeclivos al ils three properties. As in previous years, il
has continued lo allra¢t new participants from the public lo compensate foT the loss of some existing
participants. Financial contributions from participants were sufficient lo fund the Society's running costs and lo
maintain ils properties in good condition.
The Council continued lo foster relationships wth Gurdjieff foundations in other countries and to this end five of
the Iruslees look part in a conference of the IAGF which was held in New York in May 2023.
The So¢iely's customary presentations al the Clarendon Events venue continued. Four events were offered,
which featured two film showings. one musical Concert and one classical n8rralive with storytelling.
The Society continued lo invite and receive enquiries from the public via ils main website, www.gurdjieff.CDm,
and the appropriate responses made, lo provide further information about Gurdjieffs leaching and the Society's
aclivib'es
A range of new material was added to the websit8 https'.Ilwww.in-between.org.ukl.
¢. Investment pollcy and perfomiance
The charitable company holds an investment propety from which il d&rives rental income and which is managed
by external agents to achieve market returns.
The freehold property is valued al eslimaled market value and was revalued in the prior year.
Page 4

THE GURDJIEFF SOCIETY
IA company limited by guaranteel
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Flnanclal revlew
a. Golng concern
Now that the Covid pandemic Is over the Sociells educational activities have been resumed largely as before.
Regular meetings are again held in the Society's three main properties, with a new recognition of the need
for caution as regards the possibility of the transmission of infections.
After making appropriate enquiries, the Truste&s have a reasonable expectation that the Company has adequate
resources lo Continue in operational existence for the foreseeable future. For this reason, they continue lo adopt
the going concem basis in preparing the financial slalemenls.
b. Reserves policy
The members of the Council have established a policy whereby the unreslricled funds not committed or invested
in tangible fixed assets I'the free reserves") held by the charitable company should be no less than two years
anlicipaled expenditure, given the nature Df the income of the society.
Al this level the Council feel that they would be ablo lo Continue the Gurrenl activities of the society in the event of
a significant drop in funding. The resetves have maintained the required level this year.
c. Material Invastmants poll¢y
The charitsble company continues to hold an Inveslrnenl property.
d. Prlnclpal fundlng
The prin¢ipal source of income for the society is donations and legacies received from ils members. The fLJnds
are used to provide facilllies for group meetings and discussions and lo prornole similar societies around the
world.
structurei governance and management
a. Constitution
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of
Association on 22 September 1955.
The company is constitLJled under a Memorandum of Association dated 22 September 1955 and is a registered
charity number 207480.
The ¢ompany was incorporated on 6 O¢lob&r 1955 and commenced trading on that dale.
The principal object of the company 15 to maintain and develop research into the advancement of mankind and
the development of thought, through lectures, meetings and other aclivilies. The research relates lo the
teachings of G.1. Gurdjieff.
There have been no changes in the objectives since the last annual report.
Page 5

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management {contlnuedl
b. Methods of appointment or electlon of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the
terms of the Articles of Association. New Iruslees are elected by the Council from persons Gonlributing lo the
aims of the society. New trustees are selected on the basis of their contribution lo the activities of the society 2nd
the benefit they Can provide lo the governance of the society.
Pollcles adopted for the Induction and training of Tru$t8e$
New trustees are made aware of their responsibilities as trustees by reference to information provided by the
Charity Commission.
d. Pay policy for senior staff
There are no Senior staff mernbers.
e. Organisational Structure and declslon-maklng
All decisions are rnade by the council or by delegated trustees Dr members of the society for specific a￿a$ of
expertise.
f. Financial risk manag&m&nt
The Trustees have assessed the major risks to which the company is exposed, in particular those related to the
operations and finances ol the company, and are satisfi'ed that systems and procedures sre in place to miligale
our exposure lo the major risks. They believe that maintsining free reserves al the levels slated will provide
sufficient resources.
Trustees. Idemnit1&5
The Society provldes and maintains indemnity insurance for the ¢ommillee members as allowed under the
charitable company's Articles of Association.
None of the council members had any beneficial interest in the charitable company. All of the council members
are members of the charitable company and guarantee to contribute £1 in the event of a wnding up.
Funds held as custodlan
There are no funds held as custodian.
Future developments
The Gurdjieff Society continues lo extend ils aclivilie5 in furtherance of its obje¢tiv&s including the development
of Bray. 11 is also seeking lo strengthen ils relationship with the like-minded organisalions in North and South
America, Europe and, increasingly, many other parts of the world.
Page 6

THE GURDJIEFF SOCIETY
IA company IiTnited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Statement of Trustees. responslbilities
The Trustees (who are also the directors of the Company for the purposes of company lawl are responsible for
preparing the Trustees, report and the financial slalemenls in a¢¢ordan¢e with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted AGcounling Praclicel.
Company law requires the Trustees lo prepare fi'nancial slalemenls foi each financial . Under company law, the
Trustees musl not approve the financial slalemenls unless they are satisfied that they give a true and fair view of
the slate of affairs of the Company and of its incoming resources and applicaliDn of resources, including ils
income and expenditure, for that period. In preparing these financial slatemenls, the Trustees are rgquired lo..
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting eslimales that are reasonable and prudent.,
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explained in the financial slatemenls.,
prepare the financial statements on the going concem basis unless il is inappropriate to presume that the
Company will continue in busines5.
The Trustees are responsible for keeping adequate accounting records that ale sufficient lo show and explain
the Company's transactions and disclose with reasonable accuracy al any lime the financial position of the
Company and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and d&leclion of fraud and other irregularities.
Dlsclosure of Infomiation to auditors
Each of the persons who are TTuslees al the time when this Trustees. report is approved has confirmed that..
so far as that Trustee is aware, there is no relevant audit informallon of which the charity's auditors are
unaware, and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of
any relevant audit information and lo establish that the charty's auditors are aware of that inforrnalion.
This report was approved by the Trustees, on
15/11/1¥
and signed on their behalf by..
AWH Glbbs
(Trusleel
Page 7

THE GURDJIEFF SOCIETY
IA company limlted by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE GURDJIEFF SOCIETY
Oplnlon
We have audited the financial slalements of Thè Gurdjieff Society Ilhe 'charitable company'l for the year ended
31 March 2024 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash
flows and the related notes, including a summary of significant accounting policies. The financial rèporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reportlng Standard applicable in the UK
and Republic Df Ireland, (United Kingdom Gen¢rally Accepted Accounting Practice).
In our opinion the financial slalemenls..
give a true and fair view of the stale of the charitable company's affairs as al 31 March 2024 and of ils
incoming resources and application of resources, including ils income and expendiluie for the year then
ended.,
have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
have been prepared In accordance with the requirements Df the Companies Act 2006.
Basis for oplnion
We conducted our audit in accordance with Inlernab'onal Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Audiltsrs, responsibilities for the audit
of the financial slalemenls section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant lo our audit of the financial slalements in the United Kingdom,
inclLJding the Financial Reporting Council's Ethical Standard, and we have fulfilled our other elhi¢al
responsibilities in accordance wth these requirements. We believe that the audit evidence w& have obtained is
suffi¢i&nl and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have Concluded that the Trijslees, use of the going concern basis of
accounting In the preparation of the financial slalements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may ¢ast significant doubl on the charitable company's ability to
continue as a going concern for a period of al least twelve months from when the financial slalemenls are
aulhorised for issue.
Our responsibilities and the responsibilities of the Ttuslees with respect lo going concern are described in the
relevant sections of this report.
Page 8

THE GURDJIEFF SOCIETY
IA company Ilmlted by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE GURDJIEFF SOCIETY ICONTINUEDI
Other Informatlon
The other infomiation comprises the infomalion included in the Annual report other than the financial slalemenls
and our Auditors, report Ihereon. The Trustees are responsible for the other information contained within the
Annual report. Our opinion on the financial stalernenls does not cover the other information and, except lo the
extent Dtherwise explicitly slated in our report, we do not express any form of assurance conclusion Ihereon. Our
responsibility is lo read the other information and, in doing so, Consider whether the other information Is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or
otherwis& appears lo b& materially misstated. If we identify such material inconsistencies or apparent material
misslalem&nts, we are required to determine whether this gives rise lo a material rnis5talemenl in the financial
statements themselves. If, based on the work we have perfomied, we conclude that there is a material
misslatemenl of this other information, we are required to report that fa¢l.
We have nothing to report in this regard.
Opinion on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the inforrnation given in the Trustees. report for the financial year for which the financial slalements are
prepared is consistent with the financial stalernenls.
the Trustees, report has been prepared in accordance with applicable legal r￿uIreMents.
Matters on which we are required to report by exceptlon
In the light of our knowledge and understanding of the charitable company and ils environment obtained in the
course of the audit, we have not identified material rnisslatemenls in the Trustees. report.
We have nothing lo report in respect of the following mallers in relation to whi¢h Companies Act 2006 requires
us lo report lo you if, in our opinion..
adequate accounting records have not been kept, Dr retums adeqLJate for our audit have not been
received from branches not visited by us., or
the financial slalemenls are not in agreement with the accounting records and returns., or
Gertain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the infomalion and explanations we require for our audit., or
the Trustees were not enlill¢d lo prepare the financial slalemenls in accordance with the small companies
regime and lake advantage of the small Companies, exemptions in preparing the Trustees, rèport and
from the requirement lo preparo a Strategic report.
Page 9

THE GURDJIEFF SOCIETY
A company limited by guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE GURDJIEFF SOCIETY ICONTINUEDI
Responsibilities of trusteès
As explained more fully in the Truste&s' responsibilities statement, the Trustees (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial
slalemenls and for being satisfied that they give a true and fair view, and for such internal control as the
Trustees determine is necessary lo enable the preparation of financial statements that are free from material
misslatemenl, whether due lo fraud or error.
In preparing the financial stslemenls, the Trustees are responsible for assessing the charitable companls ability
to contlnue as a going concem, disclosing, as applicable, matters related lo going concern and using the going
concem basis of accounting unle55 the Trustees either intend to liquidate the charitable company or lo cease
operations, Dr have no realistic alternative bul lo do so.
Audltors, responsibillties for the audit of the financial statements
Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free
from material misstalemenl, whether due lo fraud or error, and lo issue an Auditors. report that includes our
opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in
accordance with ISAS IUKI wll always delecl a material misslalemenl when il exists. Misstatements can arise
from fraud or error and are considered rnalerial if, individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the basis of these financial slalernents.
Irregularities, including fraud, are instances of non-compliance wlh laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstalemenls in respect of irregularities,
including fraud. The extent lo which our procedures are capable of detecting irregularities, including fraud is
detailed below..
In order lo identify and assess the risks of material misslalemenls, including fraud and non-compliance wth laws
and regulations that could b& expected to have a material impact on the financial statements, we have
considered..
the results of our enqulries of management and those charged with governance of their assessment of the
risks of fraud and irregularities,. the nature of the company, including ils management structure and control
systems.,
completeness of income.,
compliance with the Charities Act 2011 requirements and disclosures., and
We also considered law5 and regulations relating lo employment and the preparation and presentation of the
financial slalemenls such as the Companies Act 2006 and the SORP.
Based on this understanding we identified the following matters as being of significance lo the enlily.
laws and regulations considered to have 8 direct effect on the financial statements including UK financial
reporting standards, Company Law and Charities Act 2011.,
the liming of the recognition of rental and other income.,
compliance with legislation relating lo health and safety and fire risk assessments.,
management bias in selecting accounting policies and determining eslimales.,
inappropriate journal entries.,
the requirement lo impair freehold properties and the amount of any such impairmenls., and
impairments or uplifts to the valuation of the Investment property due lo changes in market valu&.
Page 10

THE GURDJIEFF SOCIETY
IA company limited by guarant&&l
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE GURDJIEFF SOCIETY ICONTINUEDI
We ¢ommuni¢ated the oulcom&s of these discussions and enquiries, as well as consideration as to where and
how fraud may o¢cur in the enlily, to all engagement team Tnembers.
Audit procedures undertaken in response lo the potential risks relating to irregularities Iwhich include fraud and
non-compliance with laws and regulalionsl comprised..
enquiries of managing Iruslees and those charged with governance as lo whether the enlily ¢omplies with
such laws and regulations and discussion with the same regarding any known or suspected instsnces of
non-compliance.,
reviewing the impairment review of the freehold property
Gonsidering rental welds and market values lo confirm the valuation Df the investment property,.
proof in lolal of rental income with reference lo the lease agreements..
analytical review of other income and expenditure.,
assessment of matters reported to management and the Tesult of the subsequent invesligalion., and
obtaining an understanding of the relevant controls and lesling their operation during the period.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Councll's website al.. www.trc.or
.uklaudilorsres
onsibilities. This description forms part of our
Auditors. report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2008. Our audit work has b&en undertaken so that we mlghl slate lo the charitable
company's members those mallers we are required lo slate lo th&m in an Auditors. report and for no other
purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than
the charitable company and its members, as a body. for our audit Work, for this report, or for the opinions we
have formed.
David Pumfroy FCA (Senior statutory audltorl
for and on behalf Df
Sumer Audlt¢o Llmlted
Statutory Auditors
14th Floor
33 Cavendish Square
London
W1GOPW
Date..
Ir ZolLI
P8ge11

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Investments
238,418
91,724
236,418
91,724
157,010
77,071
Total Income
328,142
328,142
234,081
Expenditure on:
Raising funds
Charitable activities
13,375
196,149
13,375
196,149
12,722
175,696
Total expendlture
209,524
209,524
188,418
Net movement In funds before other recognised
galns
118,618
118,618
45.663
other recognised gains..
Gains on revaluation of fixed assets
200,000
Net movement In funds
118,618
118,618
245,663
Reconclllatlon of funds..
Total funds brought forward
Nel movement in funds
9,266,835
118,618
9,266,835
118,618
9,021,172
245,663
Total funds carried fomrd
9,385,453
9,385,453
9,266,835
The Slaternent of financial a¢livffties1ncludes all gains and losses recognised in the year.
The notes on pages 15 to 28 form part of these financial slalements.
Page 12

THE GURDJIEFF SOCIETY
IA company Ilmlted by guarantee)
REGISTERED NUMBER: 0055S631
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Flxed assets
Tangible assets
Heritagè assets
Investment property
5,192,667
16,200
3,600,000
5,192,826
16,200
3,600,000
12
8,808,867
8,809,026
Current assets
Debtors
Inv6slmenls
Cash at bank and in hand
13
14
34,178
391,800
164,935
24,850
318,197
125,867
590,913
468.914
creditors.. amounts falling due within one
year
114.3271
111,1051
Net currgnt assgts
578,586
457,809
Total assets less Current Ilabllitles
9,385,453
9,266,835
Total net assets
9,385,453
9,266,835
Charlty funds
Unrestricted funds
Designated funds
General funds
16
8,808,867
576,586
8,808,867
457,968
16
Total unrestricted funds
9.385,453
9,266.835
Total funds
9,385,453
9,288,835
Page13

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
REGISTERED NUMBER: 00555631
BALANCE SHEET ICONTINUEDI
AS AT 31 MARCH 2024
The Trustees acknowledge their responsibilities for complying with the raquiremenls of the Act wlh respect lo
accounting records and preparation of financial stalemenls.
The financial slalemenls have been prepared in accordance wth the provisions applicable to enlilies subject lo
the small companies regime.
The financial statements were approved and aulhorised for issue by the Trustees on
signed on their behalf by..
78111114
and
AWH Gibbs
(Trusteel
The notes on pages 15 to 28 form part of these financial statements.
Page 14

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General information
The Gurdjieff Society is a Company limited by gLJaranlee. and it is incorporated in England and Wales.
The address of the registered office is 14th Floor, 33 Cavendish Square, London. W1G OPW.
Accounting pollcles
2.1 Basls of preparatlon of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Slalemenl of Recommended Practice appli¢abltr lo Gharilies
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffe¢tive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
The Gurdjieff Society meets the definition of a public benefit entity under FRS 102, Assets and
liabilities are initially recognised al historical cost or transaction valLJe unless olhenNise staled in the
relevant accounting policy.
2.2 Company status
The members of the company are the Trustees named on page l. In the event of the company being
wound up, the liability in respect of the guarantee is Iirllited lo £1 per member of the company.
2.3 Income
All income is recognised once the Company has entillemenl to the income, it is probable that the
income wll be received and the amount of income receivable can be measured Teliably.
For lega¢ies, enlillemenl is taken as the earlier of the date on which either.. the company is aware
that probate has been granted, the eslale has been finalised and nDlificalion has been made by the
execuloilsl lo the Trust that a distribution will be made, or when a distribution is received from the
estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be
measured reliably and the company has been notified of the executor's intention to make a
dislribulion. Where legacies have been notified lo the company, or the Company is aware of the
granting of probate, and the criteria for income recognitlon have not been mel, then the leg2Cy IS
Irealed as a conlingenl asset and disclosed if matèrial.
Gifts in kind donated for distribution are included at valuation and recognised as income when they
are distributed lo the projects. Grfts donated for resale are included as income when they are sold.
Donated facilities are included al the value lo the company where this can be quantified and a third
party is bearing the cost. No amounts are included in the financial slalements for services donated by
volunteers.
Income tsx recoverable in relation lo investment income is recognised al the time the investment
income is receivable.
Page15

THE GURDJIEFF SOCIETY
IA company limited by guarant&o1
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles Icontlnuedl
2.4 Expendlture
Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic beneflt
lo a third party, it is probable that a transfer of e¢onomi¢ benefits will be required in settlement and
the amount of the obligation can be measured reliably. Exptrndilure is classified by aclivily. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each aclivily. Direct costs alliibulable lo a single activity are allocated directly
to that activity. Shared Costs which contribute to more than one activity and support costs which are
not allribulable lo a single aolivily are apportioned between those activities on a basis ¢onsislenl with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreclation
charges allocated on the porbon of the asset's use.
Govemance costs are those incurred in connection with adminislralion of the company and
cornpliance with conslilulional and slalulory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in
trading activities that raise funds.
Charitable activities and Governance ¢osls are costs incurred on the ¢ompanls operations, including
support costs and costs relating lo the governanc& of the company apportioned to charitable
aclivilies.
Expenditure on raising funds includes all expenditure incurred by the Company lo raise funds for ils
ch8ritable purposes and includes costs of all fundraising aclivilies events and non-charilable trading.
Expenditure on charitable activities is incurred on directly undertaking the a¢livilies which further the
Companls objectives, as well as any asso¢ialed support Costs.
2.5 Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Cotllpany., this is normally upon notification of the interest paid or payable by the
inslilulion with whom the funds are deposited.
2.6 Investments
Fixed asset investments are a form of financial instrument and are initially recognised al their
transaction cost and subsequently measured al fair value al the Balance sheet date. Investment
gains and losses, whether realised or unrealised, are combined and shown in the heading
Gainslllossesl on inv&stmenls' in the Slalemenl of financial activities incorporating income and
expenditure account.
Investment properties are included on the balance sheet al their open market value. Although Ihls
accounting policy is in accordance with the applicable a¢¢ounling standard, Charities SORP FRS102
il is a departure from the general requirement of the Companies Act 2006 for all tangible assets lo be
depreciated. In the opinion of the council members, compliance with the standard is necessary for
the financial statements lo give a true and fair view. Depreciation or amortisalion is only one of many
factors reflected in the annual valuation and the amount of this which might otherwise have been
charged cannot be separately identified or quantified.
Page 16

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng poll¢les l¢ontlnuedl
2.7 Tanglble flxed assets and depreclatlon
All assets costing Tnore than £1.000 are capilalised
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate
that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their reGoverable atnounls are recognised as impairments. Impairment
losses are recognised in the Slalemenl of financial activities Incorporating income and expenditure
a￿Ount.
The Society does not provide for depreciation on freehold buildings. It is considered however, that
non~compliance with the standard does not have a material effect on the financial slalemenls since il
is the So¢iely's poli¢y lo maintain freehold buildings lo a 51andaid which will prolong their useful lives
indefi'nitely and certainly for grealer than 50 years and lo ensure that their value wll not diminish over
lime. Maintenance costs are ¢h8rges to the income and expenditure account in the period incurred.
In the opinion of the Council, therefore. any charge for depreciation would be immaterial.
Tangible fixed assets are carried al cost, net of depreciation and any provision for impairment,
Depreciation is not charged on freehold land. Depreciation is provided al rates calculated lo write off
the cost of fixed assets, less their estimated residual value, over Ihgir expe¢led useful lives on the
following bases.,
Fixlures and fittings
150/0 slraighl line
2.8 Heritage assets
Where heritage assets have been purchased, they are initially re¢ognised al cost. After recognition.
under the cost model, heritage assets are measured al cost less any accumulated impairment
losses.
2.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valLJed al the amount prepaid nel of any Ir8d8 discounts due.
2.10 Cash at bank and In hand
Cash at bank and in hand includes cash and short-lemi highly liquid investments with a short maturity
of three months or less from the dale of acquisition OT opening of the deposit or similar account.
Page 17

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies Icontinuedl
2.11 Liabilities and provisions
Liabilities are recognised when there is an Dbligalion al the Balance sheet dale as a result of a past
event, il is probable that a transfer of e¢onomi¢ benefit will be required in settlement, and the amount
of the settlement can be eslimaled reliably.
Liabilikn'es are recognised at the amount that the Company anticipates il will pay lo settle the debt or
the arnounl il has received as advanced payments for the goods or services il must provide.
Provisions are measured al the best estimate of the amtsunls required lo settle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The
unwinding of the discount Is recognised in the Statement of financial activities as a finance cost.
2.12 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basi¢ financial instruments are initially recognised al transaction value and subsequently
measured al their settlement value with the exGeplion of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.13 Pen5ion5
The Cornpany operates a defined contribution pension scheme and the pgnsion charge represents
the amounts payable by the Company lo the fund in respect of the year,
2.14 Fund accountlng
General funds are unreslricled funds which are available for use at the discretion of the Trustees in
fvrtherance of the general objectives ol the Company and which have not been designated for other
purposes.
Designated funds comprise unreslricled funds that have been sel aside by the Trustees for particular
purposes. The 8im and use of each designated fund is sel out in the notes lo the financial
slalemenls.
Page 18

THE GURDJIEFF SOCIETY
IA company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Unrestricted
funds
2024
Total
fund5
2024
Total
funds
2023
Donations
225,418
11,000
225,418
11.000
157,010
Legacies
236,418
236,418
157.010
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Investment income - rental incorne
76,588
15,138
76,586
15,138
71,029
6,042
Investment in¢ome- interest receivable
91,724
91,724
77,071
Ralslng funds
Unrestricted
funds
2024
Total
fund5
2024
Total
funds
2023
Propety management fees
13,375
13,375
12,722
Page 19

THE GURDJIEFF SOCIETY
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of charitable expenditure
Activitles
undertaken
dlrectly
2024
Total
funds
2024
Total
funds
2023
Study & Inlemalional costs
Property expenses
Charity management
Governan￿ costs
47,523
128,536
6,548
13,542
47,523
128,536
6.548
13,542
49,069
107,416
3,451
15,760
198,149
196,149
175,696
Page 20

THE GURDJIEFF SOCIETY
IA Company limited by guaranteè)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of charltable expèndlture lcontinuedl
Analysls of dlrect costs
study &
Intornatlonal
costs
2024
Property
Charity Governanco
expenses management
Costs
2024
2024
2024
Total
funds
2024
Total
funds
2023
Staff costs
Depreciation
Travel
38,042
159
1,638
39,680
159
44,353
542
562
1,904
1,904
Events and
expenditure
Light & heal
Rates
Repairs and
maintenance
Insurance
3,876
3,876
34,858
45,573
5,126
19,017
42,654
34,858
45,573
12,772
19,068
12,772
19,068
2,554
7,340
18,882
385
Bank charges
Household
expenses
General admin
fees
Printing, postage
& slalionery
Membership fees
2,554
16,265
16,265
21,523
288
9,350
9,638
9.303
6,260
6,260
3,542
2,971
5,038
3,542
Total 2024
47,523
128,536
6,548
13,542
196,149
175,696
Total 2023
49,089
107,416
3,451
15,760
175,898
Auditors. remunoratlon
The Audilorfs remuneration amounts lo an Audit fee of £6,548 12023 ~ £6,840), and fees for other
services of £3,34512023- £8151
Page 21

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
staff costs
2024
2023
Wages and salaries
Contribution lo defined contribution pension schemes
38,042
1,638
37,801
6,552
39,680
44,353
The average number of persons employed by the Company during the year was as follows..
2024
No.
2023
No.
Property Supervisor
Cleaner
No employee received remuneration amounllng to more than £80,000 in either year.
Trustees. remuneration and expenses
During the year, no Trustees re¢eived any remuneration or other benefits12023 - £NILI.
During the year ended 31 March 2024, Trustees received the reimbursement of expenses amounting lo
£12,26312023 - £5621, of whlch £8,484 was a prepayment relating to a conference of the IAGF held in
Peru in May 2024.
Page 22

THE GURDJIEFF SOCIETY
IA Company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. Tangible fixed assets
Freehold Fixtures and
property
fittings
Total
Cost or valuatlon
Al 1 April 2023
5,192,667
186,842
5.379,509
Al 31 March 2024
5,192,667
186,842
5,379,509
Depreclation
Al 1 April 2023
Charge for the year
186,883
159
186,683
159
At 31 March 2024
186,842
186,842
Net book value
Al 31 March 2024
5,192,667
5,192,667
At 31 March 2023
5,192,667
159
5,192,826
Page 23

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
11.
Investment property
Freèhold
Investment
property
Valuation
Al 1 April 2023
3,600,000
Al 31 March 2024
3,600,000
12.
Heritage assets
Assets r&cognlsed at cost
Heritage
assets
2024
Total
2024
Carying value al 1 April 2023
16.200
16,200
16,200
16,200
The heritag& asset relates lo the former home of G l Gurdjieff, the Sociells founder, and is owned
equally between the Society IUKI, and those in P2ris and New York with maintenance cost shared
equally.
The asset is held as a holding of 1,100 shares in the Sociele Civil Immobiliere, having been acquired by
donation in 1979.
13. Debtors
2024
2023
Due within one year
Other debtors
3,429
14,838
16,111
3,429
5,888
15,533
Prepayrnenls and accrued income
Tax recoverable
34,178
24,850
Page 24

THE GURDJIEFF SOCIETY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14.
Current asset Investments
2024
2023
Term deposll account
391,800
318,197
15. Credltors: Amounts falling due within one year
2024
2023
Trade creditors
Other creditors
AccrLJals and deferred income
2,251
4,937
7,139
4,937
6,168
14.327
11,105
Page 25

THE GURDJIEFF SOCIETY
IA ¢ompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Statement of funds
statement of funds - current year
Balance at
31 March
2024
Balance at 1
Aprll 2023
Income Expenditure
Unrestricted funds
Designated funds
Freehold Property Fund
Heritage Asset Fund
Investment Property Fund
5,192,667
16,20D
3,600,000
5,192,667
16,200
3.600,000
8,808,887
8,808.867
General funds
Free reserves
457,968
328,142
1209,524}
576,586
Total Unrestrlcted funds
9,266,835
328,142
1209,5241
9,385,453
Statement of funds- prlor year
Balance at
31 March
2023
Balanc8 at
1 Aprll 2022
Gainsl
(Losses)
Income Expenditure
Unrestricted funds
Designatsd funds
Freehold Property Fund
Heritage Asset Fund
Investment Property Fund
5,192,667
16,200
3.400,000
5,192,687
16,200
3,600,000
200,000
8,608,867
200,000
8,808,867
General funds
Free reserves
412,305
234,081
1188,4181
457,968
Total Unrestrlcted funds
9,021,172
234,081
1188,418}
200,000
9,266,835
Page 26

THE GURDJIEFF SOCIETY
IA company limited by guarant881
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Statement of funds Icontinuedl
Designated funds
Funds have been designated by the Trustees as follows..
Freehold Property Fund - This represents the carrying value of the charity's freehold propety.
Heritage Assets Fund - This represents the carrying value of tho Charity's herrf(age assets.
Investment Property Fund - This represents the carying value of the charitys investment properties.
17.
Analysis of net assets b6tsveen funds
Analysis of net assets between funds - current period
Unrestricted
funds
2024
Total
funds
2024
Tangible fixed assets
Investment property
Heritage assets
Current assets
Creditors due wthin one year
5,192,667
3,600,000
16,200
590,913
114,3271
5,192,667
3,600,000
16,200
590,913
114,3271
Total
9,385,453
9,385,453
Analys15 of net assets between funds - prlor perlod
Unrestrlcted
fund5
2023
Total
funds
2023
Tangible fixed assets
Inv&slmenl property
Heritage assets
Current assets
CTedilors due within one year
5,192,826
3,600,000
16,200
468,914
111,1051
5,192,826
3,800,000
16,200
468,914
111,1051
Total
9,266,835
9.266.835
Page 27

THE GURDJIEFF SOCIETY
IA company limlted by guaranteè)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18.
Penslon Commitments
The charity operates a defined contributions pension scheme. The as5els of the scheme are held
separately from those of the company in an independently administered fund. The pension cost charge
represents contributions payable by the charity lo the fund and amounted to £1,63812023'. £6.5521.
Page 28