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2022-03-31-accounts

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS

31 MARCH 2022

Charity Number 327805 Company Registration Number 02253521

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

CONTENTS PAGE
Reference and administration details of the charity and its
advisors 2
Introduction 3
About CSIE 4
Trustees’ annual report 5
Independent Examiner’s Report 11
Statement of financial activities (including income and
expenditure account) 12
Balance sheet 14
Notes to the financial statements 15

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

Reference and administration details of the Charity and its advisors

YEAR ENDED 31 MARCH 2022

Status

The Centre for Studies on Inclusive Education Limited is a company limited by guarantee incorporated on 9 May 1988 and a registered UK charity. The governing document is its Memorandum and Articles of Association.

Directors and Trustees

Brigid Jackson-Dooley Chair until September 2021 Dr Stuart John Burgess Chair from September 2021 Sue Sanders Secretary Mark Jennett Jo Palmer-Tweed reappointed Jun 2021 Sharon Smith resigned June 2021

Registered Office

The Park Centre Daventry Road Knowle Bristol BS4 1DQ

Independent Examiner

Joanne Trowbridge Bristol Community Accountants CIC The Park Centre Daventry Road Knowle Bristol BS4 1DQ

Bankers

Lloyds TSB CAF Bank 39 Threadneedle Street 25 Kings Hill Avenue London Kings Hill EC2R 8AU West Malling Kent ME19 4JQ

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

Introduction

Welcome to the Trustees’ Annual Report.

All charities have experienced a difficult year due to the continuation of COVID and CSIE is no exception. Difficulty has arisen as Covid restrictions have been eased and then reinstated. Uncertainty does not help to build confidence in any organisation especially the charity sector. Funding has also been affected as schools and local authorities, with whom we work, have budget restrictions and many have had to concentrate on limited work.

However, despite all the above and related challenges CSIE has maintained a presence and continues to make a vital contribution to the sector. Hopefully we are now moving towards a more stable environment where confidence will grow across all sectors and more opportunities will come on stream.

Determination and resilience on behalf of the staff and Trustees has been a dominant factor. Many people have supported us financially and for this we have been very grateful. We believe that moving towards a more stable environment the work of CSIE will flourish.

About CSIE

Every year many children miss out on a place in their local school, often without a careful exploration of how this could have been made possible. This leaves them disconnected from their local community, possibly feeling the bitterness of exclusion whenever they see their siblings or other local children walking to or from school. It happens largely because our education system was set up over 100 years ago, when disabled people were thought to have no place in mainstream society and its institutions. Today such practices are inconsistent with national and international law, yet they continue because not enough people realise this or are enabled to do things differently. In other parts of the world, education has transformed, all children go to their local school and learn from each other, as well as from their teachers.

For almost 40 years CSIE has been working to protect every child’s right to a good education in their local community. With an experienced SEND teacher at the helm, we work to raise awareness about equality through the lens of disability and build capacity in schools and other educational settings to respond to the needs of all children. Our work consistently attracts excellent feedback, whether we have been delivering disability awareness workshops for pupils, equality workshops for staff, senior leaders or governors, or support for a school to carry out an equality audit, policy or curriculum review.

Key Facts about CSIE

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

The Trustees present their report and the unaudited financial statements of the charity for the year ended 31st March 2022.

Reference and administrative information set out on page 2 form part of this report.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 2 published in October 2018, effective for accounting periods beginning on or after 1 January 2019.

Objectives and Activities

For 39 years CSIE has been working to protect and advance every child and young person’s right to a good education in their local community. It works to raise awareness about equality and build capacity in schools and other educational settings to respond to the needs of all children. It actively works to counteract discrimination against children and young people by promoting public knowledge in all matters concerning inclusive education in mainstream primary and secondary schools, early years settings, higher education institutions and other educational settings.

CSIE is a national organisation which uses a variety of ways to promote equality, minimise discrimination, and remove barriers to learning and participation for all children and young people irrespective of difference such as perceived ability, disability, socioeconomic background, sex, gender, sexual orientation, culture, ethnicity, religion or belief.

Structure, Governance and Management

The charity is under the overall control and direction of the Council of Trustees, who meet quarterly.

All of the Trustees are experts in inclusive education in one way or another, with many additional skills and gifts to bring to the regular meetings and the progress of the charity. All Trustees are required to retire at the Annual General Meeting and are eligible for re-election at that time.

During this year Sharon Smith stepped down from her role as trustee. CSIE remains grateful for her valuable contribution during her period in office. In September 2021 Stuart Burgess succeeded Brigid-Jackson Dooley in the role of Chair and Jo Palmer-Tweed re-joined the Council of Trustees after a short period of absence.

Dame Philippa Russell, DBE, had been a Trustee since the formation of CSIE and retired from the CSIE Council in September 2008. In recognition of her significant contribution to the development of inclusive education, and to the work and development of the Centre over the years, she has taken on the role of Patron of CSIE.

The Trustees delegate the day to day running of CSIE to the Director, Artemi Sakellariadis.

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

Staffing

CSIE staff for the year under review were: Artemi Sakellariadis, Director Sarah Hobbs, Administrator Rishona Ruegg-Morrison (intern June 2021)

During the year under review CSIE continued to function under reduced capacity, employing only two members of staff. As a measure of comparison, it is worth noting that in its 39-year history CSIE has never employed more than three members of staff at any one time. CSIE has been involved in an internship scheme with Bristol University. One student joined the staff team full-time during June 2021, in an internship position fully funded by the University. This student proved a great asset to the team, helping with fundraising efforts, website updates and ongoing projects.

Both staff have worked part-time throughout the year under review: CSIE director Artemi Sakellariadis 4 days a week and Administrator Sarah Hobbs 2 days a week. It is anticipated that staffing levels will increase when income has been secured to allow this.

Key activities and achievements

Summary of additional activities and achievements

There have been many encouraging signs over this period as we continue to address the main issues which provide our core work.

“CSIE addresses a clear need in addressing inequality within education. Whilst it has had considerable impact on the sector since its creation 40 years ago, in recent years it has struggled due to its limited capacity, lack of long-term unrestricted funding and the recent impact of the pandemic. CSIE’s proposed new business model provides an exciting opportunity to strengthen the organistaion’s finances whilst simultaneously increasing its capacity to continue to create impact for disabled children within the education system.”

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

It is remarkable, given the backcloth of a very difficult operating year, that so much has been achieved and this has only been possible by the sheer dedication of staff who have worked beyond the call of duty.

We believe that CSIE has a bright future and that many opportunities are there so that we can make a real difference in our communities and remain faithful to our core values.

Obviously, much depends upon future funding but like other organisations we are determined to maintain and build upon our important work.

Pursuing financial sustainability

CSIE was set up in 1982 as a lobbying and campaigning organisation and had relied heavily on core funding until 2013 when this ended. Since then, CSIE has developed a range of traded services through which it earned a modest income and, at current staff’s own recommendation and with their full approval, had reduced contractual hours as a temporary measure to reduce expenditure.

During the year under review our new Business Plan for sustainability and growth has been put into action, which should enable us to have a stronger and longer-lasting impact in the areas where we work. When additional funding has been secured and more staff have been recruited, this will also enable us to undertake more focused work in schools and, over time, to become financially selfsustainable. It will also enable us to resume the awareness-raising and campaigning activities at the core of CSIE’s mission, which had been side-lined by the previous constant and pressing need to fundraise.

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

Public benefit

In engaging in the above range of activities, which support the development of inclusive education for all, the work of CSIE stands to improve the education experiences and ultimately life chances of children and young people at risk of discrimination; it also stands to improve the experiences of adults who are at risk of discrimination and are members, or potential members, of school or other learning communities. By encouraging schools and other educational settings to become responsive to the full diversity of people, CSIE work helps to ensure that children and young people can be safe, included and learning in schools and other educational settings. This is consistent with national policy stating aspirations of developing a more inclusive society.

Future plans

In 2020 and 2021 CSIE revised its Theory of Change and developed a Business Plan for sustainability and growth (both documents are available on request). According to this, CSIE offers more direct support to schools and focuses its traded services in specific local authorities, as a means of managing the workload and maximising impact. It is anticipated that when the bulk of our work is concentrated in a particular geographical area, different strands of work with school staff, governors, pupils, parents, local authority officers and other stakeholders will complement one another, leading to more supported and better-grounded change. The success of this depends on securing funding to employ more staff, so that CSIE has capacity to deliver this plan and have stronger and longer-lasting impact.

In addition to continuing and strengthening our work in Bristol, Calderdale and Solihull, in the year ahead we will also honour our existing commitments (complete outstanding work on the online Equality Hub and submit outstanding end-of-project reports which had to be set aside while staff focused on ensuring CSIE’s survival). We will also continue to have a web-based presence and contribute to various policy and networking groups.

Financial position of CSIE

At the start of the year under review Trustees were significantly concerned at the financial situation of CSIE, which at that point had no free reserves. In the intervening months Trustees have worked closely with CSIE’s director to keep CSIE functioning; this has been achieved through charitable donations and earned income. At the end of March 2022 CSIE has £16,118.

Trustees are fully aware of the financial challenge CSIE continues to face, are in regular contact with the director and together monitor developments closely.

Reserves policy

The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”) held by the charity should be no more than six months of the overhead costs for the following year. For 2022-23 Trustees have approved an ambitious budget, which assumes funding in place to recruit two more staff, so 6 months of overheads are £81,600. At £7,609, the unrestricted free reserves (total unrestricted reserves less unrestricted fixed assets) at the year end represent 11% of the target reserves of £81,600.

The reserves policy further states that, should CSIE’s income become insufficient to support the charity’s obligations and charitable activities, reserve funds may be used to supplement this and, therefore, avoid serious disruption to charitable work. Should the level of reserves fall below that

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

TRUSTEES REPORT

YEAR ENDED 31 MARCH 2022

equivalent to 3 months’ coverage of expenditure, absolute priority will be given to fundraising activities.

Reserve funds are typically held as cash in a high interest deposit account. In an attempt to maintain instant access while benefiting from high interest, currently this is at Charities Aid Foundation (CAF) Bank.

This policy is reviewed annually and was last reviewed in March 2022.

Investment policy

The Trustees’ policy on investments is to ensure the best return with interest payments while safeguarding the quality of the placement of funds.

Risk review

The Trustees have considered the possible risks to the Charity and have established systems to mitigate these. CSIE maintains a Risk Register, available on request, to ensure that all risks are rigorously considered and mitigating actions are put in place and reviewed on a regular basis. The Risk Register is reviewed quarterly by the Risk Committee, currently comprising two Trustees and the CSIE director, and presented for consideration by the full Council of Trustees at each of its regular meetings.

Independent Examination

A resolution to re-appoint Joanne Trowbridge MAAT from Bristol Community Accountants CIC as the Charity’s Independent Examiner will be proposed at the forthcoming Annual General Meeting.

Trustees’ responsibilities in relation to the financial statements

The charity's Trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006 and the Charities Act 2011.

In particular, The Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show

9

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 and explain the charitV'5 transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charitie5 Act. They are also fesponsible for safeguardinE the a55ets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the Trustees, report, and the statutory responsibility of the Independent Examiner in relation to the Trustees, report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statement5. Approval The financial statements have been prepared implementing the 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 IFRS 1021 (effective l January 20151- These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies, regime and in accordance with FRS102 SORP. Stuart Burges5 (Trusteel Sue Sanders (Secretaryl 10

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD INDEPENDENT EXAMINERS REPORT YEAR ENDED 31 MARCH 2022 l ￿part on the unaudwted accounts for the year ended 31 March 2022 set out on pages 13 to 22. Respectlve responsibilities of trustees and examlner As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Aci 20061'the 21J]6 ACVI. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent eKamin8tion. I report in respett of my examination of your charl￿5 account5 35 carried out under sertion 145 of the Charities Act 201]. I'the 2011 Act'l. In carrying m¥ examiftation I have followed the Directions given by the Charity CoTnmission under sectior* 1451511bl of the 2011 Act. Independent examlner's stètement I have completed my examin8tKJn. I confirm that no matters have come to my attention in tonnection with the examination givlng me cause to believe- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Art. or the accounts do not accord wrth those record5- or the accounts do not Comp￿ with the accounting requirements of section 396 of the 2006 Act other than any requirement that the è¢coutrtS Eive H 'true and fair view whtch is not a matter onsidered BS part of an independent ex8mination- or the accounts hève not been prepared in accordancé whh the methods and principles of the Statement of RecoTnmended Prattice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concern5 and h￿e come acros5 no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accoL¢nts to be reached. Joanne Trowbridge MAAT Bristol Community Accountants CIC. The ParK Daventry Road Knowle, Bristol, B54 IDQ Date..

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 MARCH 2022

Note
Income and Endowments From:
Donations and Legacies
3
Charitable Activities
4
Investments
5
Other
6
Total
Expenditure On:
Raising Funds
7
Charitable Activities
8
Lobbying
Other
9
Total
Net income/(expenditure)
10
Transfers between funds
Net movement in funds
Reconciliation of Funds:
Total funds brought forward
Total funds carried forward
16		 Unrestricted
Funds
£
33,660
29,485
-
1,957		 Restricted
Funds
£
1,171
-
-
-		 Total Funds
2022
£
34,831
29,485
-
1,957		 Total Funds
2021
£
64,834
12,675
-
372
65,102 1,171 66,273 77,881
17,186
39,118
2,864
3,679		 -
-
-
-		 17,186
39,118
2,864
3,679		 22,269
46,249
3,712
4,321
62,847 - 62,847 76,550
2,255
911		 1,171
(911)		 3,426
-		 1,331
-
3,166
12,952		 260
(260)		 3,426
12,692		 1,331
11,361
16,118 - 16,118 12,692

The charity has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the charity are classed as continuing

As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

The notes on pages 15 to 21 form part of these financial statements

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 MARCH 2022

Analysis of prior year funds, as required by paragraph 4.2. of the SORP

Income and Endowments From:
Donations and Legacies
TRUE
Charitable Activities
TRUE
Investment
TRUE
Other
TRUE
Total
Expenditure On:
Raising Funds
Charitable Activities
Lobbying
Other
Total
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of Funds:
Total funds brought forward
TRUE
Total funds carried forward		 Prior Year
Funds
2021
£
64,834
12,675
-
372
Unrestricted		 Prior Year
Restricted
Funds
2021
£
-
-
-
-		 Prior Year
Total
Funds
2021
£
64,834
12,675
-
372
77,881 - 77,881
22,269
44,916
3,712
4,321		 -
1,333
-
-		 22,269
46,249
3,712
4,321
75,218 1,333 76,550
2,663
345		 (1,333)
(345)		 1,331
-
3,008
9,943		 (1,678)
1,418		 1,331
11,361
12,951 (260) 12,692

- 13 -

CENTRE FOR STUDIES ON INCLU51VE EDUCATION LTD BALANCE SHEET YEAR ENDED 31 MARCH 2022 2022 Z022 2021 Note Current assets Stotk of publications Trade debtors Cash at bank- Lloyd5 TSB Current Account CAF Accounts 12 8,509 10,595 12,827 660 13 268 2,236 64 4,706 Totol current ossetS 21,608 18,257 Creditors.. Amoufiis fallln8 due wlthin one year 14 15,4901 15,5651 Net Current ossets or liobilitie5 16,118 12,692 rotul netussets orllubllltles 16,118 12,692 The Fund5 of The Charlty Restricted income funds Unrestritred funds 16 12601 12,952 16,118 rotol churityfuftJd5 16,118 12,692 The directors are satisfied that the company 15 entitled to exemption frorn audit under section 477 of the Companies Act 2006 relating to small companies. Dire¢tors' responsibilities-. The member5 have not required the cornp3Try to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors Bcknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These account5 have been prep8red in accordance with the provisions applicable to small companies subject to the small companies. regime and in accordance with FR5102 SORP. These financial statements were approved by the trustees on !*...11. LLènd are signed on their behalf by.. StU3rt Burge55- Trustee Sue SandefS- Secretary All of the 3Ctivitses of the charlty are classed a5 continulng -14-

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1 Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (issued on 16 July 2014), as amended by Update Bulletin 2 published in October 2018, effective for accounting periods beginning on or after 1 January 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011 and Companies Act 2006.

2 Accounting Policies

i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.

ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met.

Raising Funds 30%
Charitable Activities 60%
Lobbying 5%
Other 5%

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

Income and Endowments From:

3 Donations and Legacies

Grants and Donations:
Donations
Small Donations
Intern income
Gift Aid
IMAS II Project
In Kind Staff Time
In Kind Zoom licence
In Kind Event costs
In Kind Room rent
Charitable Activities
Sale of Resources
Services for Schools
Consultancy
Commissioned income
Other
Royalties
VAT recovered		 Unrestricted
Funds
£
25,000
241
1,260
5,007
1,912
-
240
-
-		 Restricted
Funds
£
-
-
-
-
1,171
-
-
-
-		 Total Funds
2022
£
25,000
241
1,260
5,007
3,083
-
240
-
-		 Total Funds
2021
£
30,000
4,138
1,149
-
-
7,017
20,080
1,500
950
33,660 1,171 34,831 64,834
Unrestricted
Funds
£
1,058
5,427
23,000
-		 Restricted
Funds
£
-
-
-
-		 Total Funds
2022
£
1,058
5,427
23,000
-		 Total Funds
2021
£
406
6,869
400
5,000
29,485 - 29,485 12,675
Unrestricted
Funds
£
99
1,858		 Restricted
Funds
£
-
-		 Total Funds
2022
£
99
1,858		 Total Funds
2021
£
372
-
1,957 - 1,957 372

4 Charitable Activities

5 Other

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

Expenditure on:
6
Raising Funds
Fund Raising Expenses
7
Charitable Activities
Equality: Making it Happen
Intelligent Lives
Trends Project
Production & Distribution Costs
Written off Obsolete Stock
Staff Costs
Conferences & Training
Rent and Services
Post & Stationery & Telephone
Sundry Costs
Website Costs
Information & Subscriptions
Bank Charges
Payroll Costs
Insurance
Bad Debt Written Off
Professional fees		 Unrestricted
Funds
£		 Restricted
Funds
£		 Total Funds
2022
£		 Total Funds
2021
£
- - - -
Unrestricted
Funds
£
276
-
-
153
4,318		 Restricted
Funds
£
-
-
-
-
-		 Total Funds
2022
£
276
-
-
153
4,318		 Total Funds
2021
£
-
82
276
135
243
4,747 - 4,747 736
49,227
675
3,915
314
345
75
352
250
376
1,513
31
212		 -
-
-
-
-
-
-
-
-
-
-
-		 49,227
675
3,915
314
345
75
352
250
376
1,513
31
212		 46,478
2,073
3,927
245
32
85
20,129
309
445
1,482
-
-
57,285 - 57,285 75,205

Staff costs include in kind donation valued at £nil (2021: £7,017) Conference and training include in kind donation valued at £nil (2021: 1,500) Rent and services include in kind donation of £nil (2021: 950) Information and subscriptions include in kind Zoom licence donation valued at £240 (2021: £20,080)

Allocation of Unrestricted support costs

Support Costs
Raising Funds
Charitable Activities
Lobbying
Other		 2022
£
(57,285)
17,186
34,371
2,864
2,864		 2021
£
(74,230)
22,269
44,538
3,712
3,712
- -

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

8 Other

Independent Examiners Fees
Accounts Preparation Fee		 Unrestricted
Funds
£
489
326		 Restricted
Funds
£
-
-		 Total Funds
2022
£
489
326		 Total Funds
2021
£
399
210
815 - 815 609
Net income/(Expenditure)for the year
This is stated after charging:
2022 2021
£ £
Independent Examiners fee (inc. VAT) 587 479

10 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

11 Stock of Publications £

Opening stock of publications
Written off obsolete stock
Closing stock of publications
Cost of publications sold in 2021/22		 12,827
(4,318)
(8,509)
-

Production cost of publications sold in 2021/22 of £nil (2021: £9) has been shown within production & distribution costs (note 8). The production costs were incurred in previous years but are recognised as expenditure when publications are sold. Unsold stock of publications are held as an asset within the balance sheet.

12 Debtors

Trade debtors 2022
£
10,595		 2021
£
660
10,595 660

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

13 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors
HMRC - PAYE
HMRC - VAT
Accruals - Independent Examination		 2022
£
529
974
3,172
815		 2021
£
761
1,967
2,248
589
5,490 5,565
14
Staff Costs
Salaries (excluding in kind donation)
Pension Contributions		 2022
£
46,236
2,991		 2021
£
43,487
2,991
49,227 46,478

The average monthly head count was 2 staff (2021: 2 staff)

There were no members of staff who received emoluments in excess of £60,000 per annum.

15
Analysis of Charitable Funds
Unrestricted funds
General Funds
Total Unrestricted Funds
Restricted Funds
TRENDS Project
IMAS II Project
Intelligent Lives
Total Restricted Funds
Total Funds		 At
01-Apr
2021
£
12,952		 Incoming
resources
£
65,102		 Outgoing
resources
£
(62,847)		 Transfers
£
911		 At
31-Mar
2022
£
16,118
12,952 65,102 (62,847) 911 16,118
393
(1,171)
518		 -
1,171
-		 -
-
-		 (393)
-
(518)		 -
-
-
(260) 1,171 - (911) -
12,692 66,273 (62,847) - 16,118

Transfer of funds from TRENDS Project and Intelligent lives is due to the projects having been completed and no more expenditure will be incurred in respect of each project.

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 Analysis of net assets between funds

Analysis of net assets between funds
Cash at Bank and In Hand
Other Net Current Assets/Liabilities)
Total		 General
Funds
£
2,566
13,552		 Restricted
Funds
£
(62)
62		 Total
Funds
£
2,504
13,614
16,118 - 16,118

17 Trustee expenses & Reimbursement

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil) No trustees were reimbursed travel expenses during the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

18 Related party transactions

There were no other related party transactions during the year (2021: £nil)

19 Company limited by guarantee

The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.

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