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2022-03-31-accounts

2021-22
Oracy in Action (serving disadvantaged communities) Research and test phase, due
Direct delivery to Key Stage 2 pupils aged 9-11 to launch September 2022
CPD training
for teachers
Discover Your Voice workshops 850 students
from 20
Cancelled due to COVID
workshops and the 2021
London Careers Festival
Schools' Mace Debating Competition 820 students
from 271 schools
606students from 202 schools
ESU-Churchill
Public Speaking Competition
576students
from 192schools
447 Students from 149 schools
Performing
Shakespeare
competition
2,900students
from 141
1,239 students from 60 schools
schools
Branch-led
competitions
and workshops
200 students
from 40 schools
Canceued due to COVID
ESU activities
in Colchester,
Ouse Valley
and South
Wales for primary
and secondary
school
students
House of Lords 'talking
days' a Lords Chamber
Cancelled due to COVID Cancelled due to COVID
Debate
Debate Academy (a week-long
residential
summer Cancelled in 2021, but 100+ Cancelled due to COVID
camp) places available
in 2022,
extensive
bursary
support
with
International
Public Speaking Competition
(London- 1 miaion+ participants
from 35
1 migion+ participants from 42
hosted) countries (a number
of
countries
National
competitions
across the globe,
normally
in London,
but online
in 2021
with the final qualifying
disrupted
competitions
were
by COVID)
International
Debate Tours young people trained
by 300students
in Denmark
and Cancelled due to COVID
ESU debate coaches Japan

Board Chair iles Young (resigned 14th February 2022)
Philip Maunder
acting
chair (from 14th February 2022)
Deputy Board Chairs David Shaw MBE (from
Professor James Raven
22'
February 2021)
(from 22" February 2021)
Honorary
Treasurer
James Scruby (from 22" February 2021)

atthew
Congreve (29'" April 2020 —28'" April 202
atthew
Congreve (29'" April 2020 —28'" April 202
1)
Professor
James Raven
Gillian
Day (29th April 2020 — 28th April 2021)
Sue Riley (from 22"" February 2021 resigned 16"June
021
Barbara Firth James Scruby
Emma Gleave (29th April 2020 — 28th April 2021) David Shaw MBE
arah Mawkins
(from 22'
February 2021) onathan Sobczyk Boddington resigned 6" December
021
Richard
Humphreys
(from
22" February
2021)
Bilal Mahmood
(29' April
2020 —28'" April 2021)
Philip Maunder
(from 22'
February 2021)
Laurence
Mutkin
(from 22"' February 2021)
Danny Preiskel (from 22"' February 2021)
Stephen
Purcell (from 22"" February 2021)
ames Probert (29' April 2020 - 28'" April 2021)

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The total value of funds held 42,833 40,951
Less:
Restricted funds (purpose of use defined by the donor) 11262 1p300
Designated funds for freehold and investment property 37,996 37,996
Designated charitable funds (Joyce Rolf Legacy) 39
Totalfree reserves 3,575 1,616

2022
6'000's 2022 Restricted
ft
Unrestricted endowment 2022 2021
Note funds funds
Income from:
Donations
and legacies
2.1 75 75 227
Charitable
activities
2.2 219 167 386 301
Trading income 2.3 176 176 0
Investment
income
2.4 1,645 15 1p660 1,621
Total income 2,115 '182 . 2,297 2,149
Expenditure
on:
Charitable
activities
4.1 622 235 857 2, 343
Raising funds 4.2 534 534 5
Total expenditure 1,156 235 1,391 2,348
Bad debt provision (694) (694)
reversal
Net income before
gains on investments
1,653 (53) . ;:1,600 (199)
Property
revaluation
loss 14 (70)
Fixed assets revaluation gain 14 230 230
Realised
gain on investment
195
Net unrealised
gain
on investment
9.2 37 15 52 178
Total net gain/(loss)
on
investments
0 revaluation
.267. 15 '282: 303
Net movement
in funds
1,920 (38) , 1,882 104
Reconciliation
offunds:
Funds brought
forward
14 39,651 1,300 40,951 40,847
Total funds carried forward ,41,571 1,262 42,833' 40,951

Consolidated Consolidated Consolidated ESU Charity
6'000's
Note 2022 2021 2022 2021
Fixed assets
Intangible
assets
8 86 129 86 129
Tangible assets 8 11,632 11,480 11,632 11,480
Investments 9 29,242 28,904 29,242 28,904
',Total!Ssrecduss'sgets
2".gk.',.~+j":-:;=,;i::;i~.'kg~~-:
ci"'-''40;ag0', -,:;ll"'.:,';:"!'~",.i'.Ad'513'!, g,:,";.i$; '::;-'::::940(960";,"":.—::40;513
Current assets
Stock
Debtors 10 1,088 257 1,142 103
Cash at bank and
Toti!cur'srerit'ias'cuts':,
;
~'-
-.-i;.-
in hand
1,319
.":,'""i,.'::;l'-".'.:::..-.;-.;:,+''"-i".'='.' '''2', -''i: ."-"":.
:- '
819
'1507v8,"
-',".-;:-'--':;,:::;:.
",::.
"
1,104
:2' 246
917
814
Creditors
Amounts
falling due
within one year
":Net;-currentilsssetsftIIabiliti@i:-,
11
534
'- &'~'';: li'=""-;i'!ij-'"!.'.;,;0;-073rd'l;,",':-;!!j
638
438
440
i 806
579
338'
.'Netassets'-. ',-':-':. -".'.-:.
,-..'-:;
i:. '=.'-:--'.::-.'I;-:::;:,
'*,.:.,-.'42/39:::,,':;:,'.40;95i;"::.,-:;:".
.':;;
--42,766..':.,: . 40,851
Funds 15
Restricted funds
Endowments 503 629 503 629
Restricted
funds
759 671 759 671
,Tdfal';,i,",:;:.:;;:.'-',-.
-,"r",,
:-'";,' -:;-":,;;:.,:,1:,':.-.;:;::;.;
„:-;;.:.;;:;,:".:"1;262;.
-';.
, '.,:."-,;,-':,.":1 300i:;:":.::c,-",:-'::'.- 1;262; ','. '. 1;300
Unrestricted
funds
Designated
funds
37,996 38,034 37,996 38,034
General
funds
3,575 1,617 3,508 1,517
,'Vocal.',.:;.=i'l.'-i;.,"".',::.
",.',,:,i,P:;,:+:,';,'-'.i::.c'i':.~, '..::,:,'.;:,1,:.;;.":, 41;:57'.I',.".
;;j¹t'fundg- -:;;::.;::.-',:,!'' . .".-':,-',",:,:);.:;:.:";,':;-.-::. :.642;533 „'. '- ..::,-„';:.,:.40951;,,
'5::;,'. -',',
' '42;.166::, ; 40,851

Year ended Year ended
31 March 31 March
2022 2021
Note E'000 E'000
Cash flows from investing activities
Investment
income
2.4 47 60
Purchase of property, plant, and equipment 8 (23) (5)
Proceeds from sale/(purchase) of investments (300) 250
Cash and cash equivalents at the beginning of the reporting period 819 334
Reconciliation
of
net income to net cash flows from operating activities
Year ended Year ended
31 March 31 March
2022 2021
Note E'000 (E'000)
Net (deficit)/surplus for the reporting period 1,600 (199)
Depreciation
charges
145 163
Loss on fixed asset write-off 3
Management
fees on
portfolio 13 15
(Increase)/decrease in debtors (81) 227
(Decrease)/increase in creditors (854) 31
Decrease/(increase) in stock
Investment
income
(47) (60)
Analysis of cash and cash equivalents
2022 Movement 2021
E'000 E'000 E'000

.1 Dona ti ons
and lega
cies
Restricted & Restricted Et
Unrestricted endowment Unrestricted endowment
funds funds 2022 funds funds 2021
E'000 E'000 E'000 E'000 E'000 E'000
Donations & legacies 22 22 32 10 42
Fundraising events 29 29
Government Grants 24 24 185 185

Restricted
&
Restricted
Et
Unrestricted endowment Unrestricted endowment
funds funds 2021 funds funds 2021
E'000 E'000 E'000 E'000 E'000 E'000
Income from programmes Et events 42 167 209 103 114
Income from branches 30 30 10 3 13
Membership subscriptions 147 147 174 174

Restricted
&
Restricted
&
Unrestricted endowment Unrestricted endowment
funds funds 2022 funds funds 2021
E'000 E'000 E'000 E'000 E'000 E'000
Catering commission 128 128
Other trading activities 48 57 57
.4 Investments
Restricted
&
Restricted
&.
Unrestricted endowment Unrestricted endowment
funds funds 2022 funds funds 2021
E'000 E'000 E'000 E'000 E'000 E'000
Rental income 1,504 1,504 1,504 1,504
Investments income 32 15 47 19 41 60
Recharges 109 109 57 57

2022 2021
E'000 E'000
Turnover 177
Cost of sales
Administrative expenses 174
Summary of assets and liabilities are as follows:
Assets 44 62
Liabilities (26) (43)

022.
2022 2021
E'000 E'000
Turnover 317 81
Cost of sales (73)
Administrative expenses 269
Summary of assets and liabilities are as follows:
Assets 117 147
Liabilities 69 143

Direct costs Support costs 2022 2021
E'000 E'000 E'000 E'000
Education programme and scholarships 205 220 425 1,271
International development 120 21 141 132
Membership and branches 90 160 250 429
Governance (note 7) 29 12 41 511

Year Year ended Year ended
31 March 31 March
Direct costs Support costs 2022 2021
E'000 E'000 E'000 E'000
Fundraising costs 27 27
Trading 65 509
Reversal ofbad debt provision (694) (694)
5 SUPPORT COSTS
Finance, HRa Communications Facilities a
digital a publidty management 2022 2021
Overhead allocation E'000 E'000 E'000 E'000 E'000
Education programme and
scholarships 96 117 221 964
International development 9 11 21 110
Membership and branches 69 85 159 386
Governance 5 6 436
Fundraising
Trading 28 35 65

Year ended Year ended
31 March 31 March
2022 2021
Charitable activities
Support

Year ended Year ended
31 March 31 March
2022 2021
E'000 E'000
Salaries 482 501
Redundancy costs 42
Employers' Nationalinsurance 48 52
Employers' pension contributions 33 42

.3 Senior employees
Year ended Year ended
31 March 31 March
2022 2021
Number Number
E70,001-E80,000
E80,001-E90,000
E90,001-E100,000
E110,001-E120,000
2022 2021
E'000 E'000

2022 2021
E'000 E'000
Trustees' expenses 6
Legal and professional 208
Audit fees 24 24
Other payments
to auditors
(VAT advisory costs) 13

rouP and Charit y
IE'000's)
Total Total
Freehold Plant & Computer Artwork Fixtures tangible Intangible fixed
property machinery equipment &Maces &fittings assets assets assets
Cost or valuation
At 31 March 2021 10,300 1,140 496 180 12,124 215 12,339
Additions 23 23 23
Disposals
Revaluations 230 230
Depreciation/
amortisation
At 31 March 2021 487 154 86 730
Charged
in the year
74 25 101 43
Disposals
At 31 March 2021 10,300 653 5 496 26 11,480 129 11,609

.1 Prop erty
investments
(E'000's)
2022 2021
Market value at 1 April 27,200 27,100
Unrealised gains on revaluation 100

9.2 Share portfolio
(E'000's)
2022 2021
Market value at 1 April 1,704 1,597
Disposal proceeds 250 (250)
Investment
managers'(fees)-netted
off unrealised gains (13) (15)
Investment
held in cash
50
Realised profit on investments 194
Unrealised
gain/(loss)
on investments
52 178
Historical cost at 31 March 1,246 1,302

0
DEB
TO RS (E'000's)
Consolidated ESU Charity
2022 2021 2022 2021
Trade debtors 1,062 975 879 821
gad debt provision (750) (750)
Amounts owed by subsidiary undertakings 236
Prepayments and accrued income 26 32 26

CREDITORS (am ounts
falling
due within one y ear) (E'000's)
Consolidated ESU Charity
2022 2021 2022 2021
Trade creditors 68 65 68 65
Sundry creditors 120 120
Subscriptions
in advance
57 60 57 60
Amounts
owed to trading
subsidiaries 50
Deferred income 400 399 334 290
VAT payable/(reclaimable) 4 (6) (24) (6)

E'000's 2022 2021
Within one year 3 3
Two to five years

Current year (E'000's) Unrestricted
funds
Restricted a
endowment
Total 2022
funds
Fixed assets 11,718 11,718
Investment property 27,200 27,200
Other investments 781 1,262 2,043
Net current assets/(liabilities) 1,872 1,872

3.1 Prior year (E'000's)
Unrestricted
funds
Restricted a
endowment
Total
funds 2021
Fixed assets 11,609 11,609
Investment property 27,200 27,200
Other investments 404 1,300 1,704
Net current assets/(liabilities) 438 438

Opening unrealised loss Revaluation of
Current Year balance
31 March
Incoming
resources
Outgoing
resources
on investments fixed assets Balance at
31 March 2022
2021
Endowment
funds
Expendable 408 (127) 281
Permanent
endowment
222 222
Restricted
funds
Branch funds 49 51
Exchange programmes 32 34
Fellowship
funds
146 172 (63) 260
Education
funds
58 (2) 58
Music funds 33 (9) 25
Scholarship
funds
352 (34) 331
Unrestricted
funds
Designated
funds
38,035 (39) 37,996
Generalfunds 1,516 1,621 19 37 230 3,423
Trading
funds
100 494 (442) 152

Opening Unrealised loss Transfer
balance Incoming Outgoing on investments between funds Balance at
31 March resources resources ft revaluation 31 March 2021
2020 of fixed assets
Endowment
funds
Expendable 342 13 (27) 80 408
Permanent
endowment
199 23 222
Restricted
funds
Branch funds 39 (3) 49
Exchange programmes 25 1 32
Fellowship
funds
126 104 (109) 25 146
Education
funds
13 21 (5) 29 58
Music funds 25 3 (2) 33
Scholarship
funds
281 13 (2) 70 (10) 352
Unrestricted
funds
Designated
funds
38,276 (171) (70) 38,035
General funds 1,349 1,912 (2,029) 122 10 1,364
Trading
funds
172 80 252

EEF000 —American
Memorial
Chapel Chapel Travel scholarships
for clergy
Travel Fund (Clergy)-E87k between the UK and the USA
EEF001 —Westbury
Preston
Memorial
Used to provide exchange visits by
Expendable
endowment
funds Education
Fund-E177k
students
or teachers within
the
British Commonwealth
or between
the British Commonwealth
and the
USA
EEF002 —Mallinson
Memorial
Fund— Woodworking
and bookbinding
Bookbinding
b Woodworking-E19k
scholarships
Endowment
funds
PEF000 —P W Minet American
Education
Scholarship
Fund-E75k
Teaching scholarships
for lecturers or
teachers to travel to the USA to
study a specific aspect of education
PEF001
—P W Minet Community
Benefit Travel awards to enable individuals
Fund-E75k between
25 and 45 with professional
Permanent qualifications
to travel outside the
endowment funds UK, for the benefit of both their
own
communities
and those the
visit
PEF002 —Education
Endowment
Fund— Travel scholarships
for teachers
Teachers-E48k between the UK and the USA
PEF003 —Charlotte
Bonham-Carter
For the provision of music
Music Scholarship
Fund-E22k
scholarships
to Yale
RB0003 —Carlbom-Lincolnshire-E48k Used to fund education
at branch
Branch funds RB0005-Hastings
branch-E2k
level
RB0001-Nurses Work Shadow Fund(E3k)
RE0003 —C E Eckersley Educational Used to provide grants to foreign
Fund-E17k students
studying
the English
Exchange funds RE0004 —Walter Annenburg
Fund-E17k
language
in the UK
Donated for the purpose of Anglo-
American
exchanges
RS0000 —The Lindemann
Fellowship
Provides fellowship
awards to enable
Fellowship funds Fund-E258k UK scientists to undertake
research
programmes
in the USA
Restricted RM0000 —The Ravinia Scholarship Awards to enable talented
musicians
funds Fund-E6k to attend the Ravinia Festival
Music funds RM0003
—Belinda Norman-Butler
Music Donations
raised
by the ESU Cultural
Fund-E15k Affairs Committee
to support
music
scholarships
RA0000 —Chilton
Art History
Supports
an annual
art history
Scholarship
Fund-E130k
scholarship
placement
at Christies
RN0000
—John Roberts Travel
Fund is in respect of travel
Scholarship
Fund-E45k
scholarships
Scholarship funds RN0001
—Michael Graydon
Scholarship
Award to aid earmarked
ESU
Fund-E13k educational
work for the Lincolnshire
branch
RB0002 Chester Scholarship Fund-E111k Award for scholarships
Er other
charitable
activities
in Chester