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2022-03-31-accounts

45th ANNUAL REPORT

(for the year ended 31 March 2022)

of

OPUS – AN ORGANISATION FOR PROMOTING UNDERSTANDING OF SOCIETY

a company limited by guarantee Regd. Office: 10 Golders Rise, London, NW4 2HR Regd. in England No. 1514106 Regd. Charity No. 282415

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FORTY-FIFTH ANNUAL REPORT

Presented at the Annual General Meeting of OPUS – An Organisation for Promoting Understanding of Society ('OPUS') held at by Zoom on 9[th] December 2022 at 17.30.

INTRODUCTION

OPUS was set up in 1975 by Sir Charles Goodeve FRS. Its aims derive from his founding belief that action needed to be taken to reverse the self-destructive processes operating in society.

OPUS aims to educate the public in all matters concerning the economic and sociological structure and working of society. It invites people to consider their own roles as citizens including the conscious and unconscious motivations behind what they do and don't do.

OPUS pursues its aims by the following means:

DIRECTOR'S REPORT

The momentum that OPUS built up during the first year of the pandemic, continued through into this financial year. Because all OPUS activities have been online our costs have dropped which has enabled us to strengthen our reserves. This has been very encouraging. It has enabled OPUS to be even more active, especially in the events it has put on.

1. Events:

Book launches

Study Days

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Winfrey and as it happened the day coincided with the funeral of the Duke of Edinburgh. As this seemed to be an unconscious attunement, out of respect for the event and the subsequent mourning period, it was postponed until 15[th] May. In the event 30 people attended. A summary report was produced to which many of the participants contributed. This report was also published in the Journal of Organisational & Social Dynamics Autumn 2022.

Scientific Meetings

OPUS Annual Conference

l) Listening Posts

The Listening Posts continued on a steady course during the financial year 2021-22. Four UK meetings were convened, all of which were held online. Therefore, participation was open to an international audience. Attendance averaged at around 20 people per session, with the exception of the January Listening Post, which attracted 29 participants. We added a new convener to our line-up in July, with John Condon taking up the convener’s role for the first time. The annual International Listening Post “Dawn of the Year” meetings were convened in 9 countries with a total of 13 reports submitted. The

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global report was published in the second edition of the OPUS journal. We welcomed Daniela Cabibbe to the role of International Listening Post Coordinator and delivered a learning event in June, attended by 29 international conveners.

m) Consultancy and Training

We have continued to offer Consultancy Development Days. These Saturday online workshops provide a space for those interested in, or engaged in, consultancy work to think together about their practice. The format typically includes a short presentation, an action learning set element in which peer-supervision occurs in triads, and finally an open space element , where themes of common interest are discussed. In 21/22 there was a slight fall in attendance in these events, possibly related to aspects of “ zoom fatigue” during the COVID period. However, the 5 events held still attracted between 15 and 25 participants on each occasion.

A major event in 21/22 was our second online Group Relations Conference “ Finding Courage in the Face of Change” , held in November 2021 with a diverse, global , membership of 38 people.

The initial conception for the conference developed in dialogue between

Jo-anne Carlyle and Chris Tanner. There was a shared interest in exploring lateral decision making processes in developing the conference, and also in moving away from an inherited tradition in which there was a disparity between the consultants working to a “known” structure, and the membership facing the full brunt of the “unknown”.

With this in mind we instituted a development process in which staff invitees participated in co-designing the conference, without any given leadership. The staff then had to wrestle with many of the same issues of voice, inclusion, and exclusion as the subsequent membership. This is not the place for a full evaluation. However, suffice it to say that for the staff there was an immersive exploration of the full nature of the consultant role; and for the membership there was an experience of an original, and innovative conference structure, and, perhaps, a different sense of relatedness to the staff team.

Other developments

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brought 3 colleagues to an initial meeting. This was the start of a process to work together more closely, given that both organisations are ‘siblings’ in relation to TIHR.

OPUS Consulting operates as a company independent of OPUS the charity, but with a profit lock to OPUS. It has its own website: (www.opus-consulting.co.uk)

ORGANISATIONAL & SOCIAL DYNAMICS (OSD)

Organisational & Social Dynamics entered its twentieth year. It continues to be produced by Phoenix Publishing House. The Editorial Management Committee for the journal is chaired by Jim Krantz and meets three to four times each year. The publishing process for 2019, with Phoenix, was smooth and successful.The journal Organisational and Social Dynamics has its own website (www.osd.org.uk).

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REPORT & ACCOUNTS

(for the year ended 31 March 2022)

of

OPUS – AN ORGANISATION FOR PROMOTING UNDERSTANDING OF SOCIETY

a company limited by guarantee Regd. Office: 10 Golders Rise, London NW4 2HR Regd. in England No. 1514106 Regd. Charity No. 282415

CONTENTS

Legal and Administrative Information 2
Directors' Report 3 & 4
Independent Auditor's Report to Members 5
Balance Sheet 6
Statement of Financial Activities 7
Notes to the Accounts 8

1

LEGAL AND ADMINISTRATIVE INFORMATION

Constitution

OPUS is a company limited by guarantee and a registered charity governed by its memorandum and articles of association. The liability of the members is limited, but is not to exceed £10 per member. In accordance with Section 62 of the Companies Act 2006, the company is exempt from the requirements of that act to include “limited” as part of its name.

Directors and Trustees

In accordance with the company's articles of association, the company has a board of directors who are the trustees of the charitable company for the purposes of charity law. Directors may be appointed by ordinary resolution of the members (Article 34) or by the board (Article 37). The minimum number of directors is five. There is no maximum number.

The trustees and directors of OPUS during the year to 31[st] March 2022 were:

BOARD OF DIRECTORS

Olya KHALEELEE (Chairwoman from 15/11/2018) Augustine SAGOE (appointed from 1/06/2014) Catherine HOLLAND (appointed 18/01/2019) Carlos REMOTTI-BRETON (Hon. Treasurer) (appointed 18/01/2019)

Robert STUART

(appointed 05/03/2019) Christopher TANNER (appointed 18/01/2019)

HON SECRETARY

Carlos REMOTTI-BRETON

(from 18/01/2019)

AUDITOR

E A WEEKES

7 Lambourne Close, Banstead, Surrey SM7 1DL

BANKERS

CO-OPERATIVE Bank

1 Balloon Street, Manchester M60 4ES

REGISTERED OFFICE

10 Golders Rise, London NW4 2HR

2

MANAGEMENT STRUCTURE at 31/03/2022

Board Finance Sub-Group

Olya KHALEELEE Carlos REMOTTI-BRETON

Events Director

Carlos Remotti-Breton

Training Director

Chris TANNER

Consultancy Directors

Chris TANNER Carlos Remotti-Breton

Listening Post Director

Rob STUART

Conference Director

Catherine HOLLAND

Journal Management Committee

Halina BRUNNING Prof. Paul HOGGETT James KRANTZ (Chair) Olya KHALEELEE Carlos Remotti-Breton

Journal Editors

Aaron NURICK Nadine TCHELEBI Matias SANFUENTES

Journal Book Review Editor

Kalina STAMENOVA

OPUS FELLOWS

Evelyn CLEAVELY Prof. Paul HOGGETT Dr Lionel STAPLEY

2

DIRECTORS' REPORT

The directors present their report and audited accounts of the company for the year ended 31st March 2022.

The accounts comply with the current statutory requirements, the charity's Memorandum and Articles of Association and the Statement of Recommended Practice for Charities.

Object of the charity

The object of the charity is to educate the public in all matters concerning the economic and sociological structure and working of society. The principal activities during the year are set out in the Annual Report.

Review of activities

The activities during the year and future developments are set out in the Annual Report.

Directors

The directors of the company during the year and since the year-end were as follows:

Olya KHALEELEE

(Chairwoman from 15/11/2018) Augustine SAGOE Appointed 18/01/2019 Catherine HOLLAND (appointed 18/01/2019) Carlos REMOTTI-BRETON (Hon. Treasurer) (appointed 18/01/2019) Robert STUART (appointed 05/03/2019) Christopher TANNER (appointed 18/01/2019)

Organisation

The directors meet approximately every two months and on other occasions as required in order to administer the charity. The day-to-day operations of the charity are managed collectively by the directors some with a specific portfolio.

Reserves policy

The charitable company has developed a reserves policy. At 31st March 2022 the charitable company holds free reserves of £59846 (£54866)

Free reserves are held to ensure the continuity of the activities of the charity given the relative uncertainty of future income and to ensure the long term viability of the charitable company. The directors consider that the level of reserves is inadequate and are currently considering ways of bringing reserves to a more realistic level.

Risk view

The directors have reviewed the major risks to which the charity is exposed and systems have been established to mitigate those risks.

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DIRECTORS' REPORT (continued)

Directors’ responsibilities

Company law requires the directors to prepare accounts for each financial year which give a true and fair view of the affairs of the company and of the surplus or deficiency of the company for that period. In preparing those accounts, the directors are required to:

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts 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 detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions for small companies under ss 381-4 of the Companies Act 2006, and The Smaller Companies and Groups (Accounts and Directors Report) Regulations 2008.

Signed by order of the directors.

Olya Khaleelee. Carlos Remotti-Breton Chairwoman Hon Treasurer and Company Secretary

Approved by the Directors on 9[th] December 2022

4

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS

I have audited the accounts of OPUS for the year ended 31[st] March 2022, which comprises the Balance Sheet, Statement of Financial Activities, and related notes. These accounts have been prepared under the historical cost convention and the accounting policies set out therein. This report is made solely to the company's members as a body in accordance with Section 476 of the Companies Act 2006. My audit work has been undertaken so that I may state to the company's members those matters we are required to state to them in an auditors 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 company and the company's members as a body, for my audit work, for this report, or for the opinions I have formed.

Respective responsibilities of trustees and auditors

The trustees' (who are also the directors of OPUS for the purpose of company law) responsibilities for preparing the Directors' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards are set out in the Statement of Directors' Responsibilities.

My responsibility is to audit the accounts in accordance with relevant legal and regulatory requirements and United Kingdom Auditing Standards. I report to you my opinion as to whether the accounts give a true and fair view and are properly prepared in accordance with the Companies Act 2006. I also report to you if, in my opinion, the Report is not consistent with the accounts, if the charity has not kept proper accounting records, if I have not received all the information and explanations I require for my audit, or if information specified by law regarding trustees remuneration and transactions with the charity are not disclosed. I read other information contained in the Trustees Annual Report and consider whether it is consistent with the audited accounts, I consider the implications for my report if I become aware of any apparent misstatements or material inconsistencies with the accounts. My responsibilities do not extend to any other information.

Basis of audit opinion

I conducted my audit in accordance with United Kingdom Auditing Standards issued by the Auditing Practices Board. An audit includes examination, on a test basis of evidence relevant to the amounts and disclosures in the accounts. It also includes an assessment of the significant estimates and judgements made by the trustees in the preparation of the accounts, and of whether the accounting policies are appropriate to the charity's circumstances, consistently applied and adequately disclosed. I planned and performed my audit so as to obtain all the information and explanations which we consider necessary in order to provide us with sufficient evidence to give reasonable assurance that the accounts are free from material misstatement, whether caused by fraud or other irregularity or error. In forming my opinion, I also evaluated the overall adequacy of the presentation of information in the accounts.

Opinion

In my opinion, the accounts give a true and fair view of the state of the charity's affairs as at 31[st] March 2022 and of its incoming resources and application of resources including its income and expenditure for the year then ended and have been properly prepared in accordance with the Companies Act 2006.

E A Weekes

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BALANCE SHEET, 31[st] MARCH 2022

Current Assets
Other Debtors
Cash at Bank
Creditors:Amounts falling due within one year
Creditors and Accruals
Net current assets and net assets
Fund
Unrestricted income fund
2022
£
17980
48735
66715
6869
59846
59846
2021
£
0
56265
56265
1399
54866
54866

These accounts have been prepared in accordance with the special provisions for small companies under ss 381-4 of the Companies Act 2006 and The Smaller Companies and Groups (Accounts and Directors Report) Regulations 2008

SIGNED ON BEHALF OF THE DIRECTORS

Olya Khaleelee Carlos Remotti-Breton Chairwoman Company Secretary & Trustee

Approved by the directors on 9[th] December 2022

6

STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) FOR THE YEAR ENDED 31[st] MARCH 2022

Incoming resources
Notes
(1)
Activities to further the charity's objects
Conference Fees
E M Lecture
Education & Research
Consultancy
Making the Difference
Subscriptions
Journal
Resources expended
Charitable expenditure
Conference Fees
E M Lecture
Consultancy
Making the Difference
Website Development & Maintenance
Management & Administration
(2)
Total resources expended
Net (outgoings) incoming resources for the year
Fund balance brought forward 1st April 2021
Fund balance carried forward 31st March 2022

2022
2021
£
£
7116
0
0
10033
15853
912
4344
1080
0
6683
14382
16547
1369
1346
43064
36601
817
0
0
0
1750
820
6540
3831
8753
834
20225
18483
38085
23968
4979
12633
50917
38284
55896
50917

All movements are in unrestricted funds. The charitable company has no recognised gains or losses other than the result for the year as set out above. All of the activities of the charitable company are classed as continuing.

The notes on page 9 form part of these accounts.

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NOTES TO THE ACCOUNTS 31[st] MARCH 2022

Accounting Policies

1. (a) Basis of accounting

The accounts have been prepared under the historical cost convention, in accordance with Statement of Recommended Practice 'Accounting and Reporting by Charities' issued by the Charity Commissioners in October 2006 and Financial Reporting Standards for Smaller Entities (effective January 1[st] 2015)

(b) Incoming resources

Fees for consultancy services are recognised in full in the Statement of Financial Activities when receivable.

(c) Resources expended

Resources expended are recognised in the period which they are incurred and includes attributable VAT.

(d) Basis of allocation of expenditure in the Statement of Financial Activities

All costs are directly attributable to specific activities.

(e) Funds

The funds held by the charity are unrestricted.

2. Management & administration

Staff Management Expenses
Bank Charges
Audit & Accountancy
Indemnity Insurance
Printing, Postage, Stationery, Phone
Journal Administration
Other
Total
2022
2021
£
£

10416
11084
40
383
500
500
408
408
0
0
6740
5339
2121
769
20225
18483

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