2025-08-31-accounts

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS

31 AUGUST 2025

Charity Number 327805 Company Registration Number 2253521

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

CONTENTS	PAGE
Reference and administration details of the charity and its
advisors	5
Key Facts about CSIE	6
Trustees’ annual report	8
Independent Examiner’s Report	17
Statement of financial activities (including income and
expenditure account)	18
Balance sheet	20
Notes to the financial statements	21

CSIE annual report and financial statements 2024-25

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CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

REFERENCE AND ADMINISTRATION DETAILS OF THE CHARITY

YEAR ENDED 31 AUGUST 2025

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

Stuart Burgess Chair Sue Sanders Secretary until September 2024 Philippa Stobbs Secretary from September 2024 Mark Jennett until November 2024 Sarah Sloper

Registered Address

The Park Centre Daventry Road Knowle Bristol BS4 1DQ

Independent Examiner

Joanne Trowbridge MAAT 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

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

KEY FACTS ABOUT CSIE

YEAR ENDED 31 AUGUST 2025

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 more than 40 years CSIE has been working to protect disabled children’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

• CSIE is a registered charity (327805) and registered company (2253521).

• Founded in 1982, CSIE has been at the forefront of developments in inclusive education for over 40 years.

• The Centre works to develop more inclusive education for all, and to protect disabled children’s right to a good education in their local community.

• CSIE activities aim to raise public awareness and transform education, so that all children can be safe, included and learning in their local community. Key activities include: support for schools and local authorities to build capacity to include all learners; raising awareness and campaigning for more inclusive education; research; training and consultancy nationally and internationally; and producing resources, some of which have been translated and are used throughout the world.

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

KEY FACTS ABOUT CSIE

YEAR ENDED 31 AUGUST 2025

• CSIE has a reputation of being at the cutting edge of developing inclusive education; staff are regularly invited to speak at conferences and other events, contribute to round table discussions or be interviewed by journalists about current issues on inclusive education.

• During the year under review CSIE activities continued to address equality holistically, ensuring that disability equality is advanced through the social model of disability.

• Significant CSIE achievements in recent years include:

• i) Prestigious International Award (Innovative Practice Award 2016 from the Zero Project) for our equality toolkit for schools.

• ii) Regular reports since the 1980s on school placement trends of all local authorities in England. For many years these CSIE reports were the only place where such detailed information, at local authority level, was available. The most recent report (2019) is available online and findings can be explored on an interactive map.

• iii) Invitation to Windsor Castle in 2019, to a reception marking 100 years of the National Council of Voluntary Organisations (NCVO). CSIE was among the 200 charities invited, out of 14,000 members.

• iv) In 2024-2025, the completion of a significant project to bring together an archive of all that CSIE has achieved since it was set up in 1982. The work was funded by the National Lottery Heritage Fund and carried out with support from a consultant archivist and a team of volunteers. The CSIE Archive is expected to be housed at the Centre for Disability Studies at the University of Leeds.

• In previous years CSIE had received substantial amounts of core funding; the last regular grant ended in March 2013. Since then CSIE has relied on project funding and on generating its own income from sales of resources and services.

• In 2022 New Philanthropy Capital carried out an independent “health check” of CSIE which concluded that CSIE addresses a clear need and that the (then) new business plan provides an exciting opportunity to strengthen the charity and increase its impact. The report is available on request.

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

Introduction

The Trustees present their report and the unaudited financial statements of the charity for the year ended 31st August 2025.

Reference and administrative information set out on pages 5 forms 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 for accounting periods beginning on or after 1 January 2019.

Objects and Activities

The Charity’s objects, as described in CSIE’s Memorandum of Association, are to advance the education and/or training of children and young people at risk of discrimination in the United Kingdom and abroad, by promoting public knowledge in all matters concerning inclusive education in mainstream primary and secondary schools, early years settings, colleges, higher education institutions and other educational settings. To do so in ways that promote equality, minimise discrimination and remove barriers to learning and participation for all children and young people irrespective of any differences, for example differences with regard to perceived ability, disability, socioeconomic background, sex, gender identity, sexual orientation, 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 inclusion 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 reelection at that time. During the year under review Mark Jennett stepped down from their role of Trustee after more than 10 years of service. CSIE remains grateful for his valuable contribution during their period in office.

Dame Philippa Russell, DBE, had been a Trustee since the formation of CSIE in 1982 and retired from the CSIE Council in 2008. In recognition of her significant contribution

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

to the development of inclusive education, and to the work and development of the Centre over the years, she took on the role of Patron of CSIE in 2008.

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

Staffing

CSIE staff for the year under review were:

• Artemi Sakellariadis, director

• Sarah Hobbs, administrator

• Ruth Thornton, volunteer (September 2024 – April 2025)

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

Key activities and achievements

We are pleased to have managed and delivered an exciting range of grant-funded projects this year.

Our grant from the National Lottery Heritage Fund has enabled us to archive all the achievements of CSIE since 1982, to share the many insights gained over the years on inclusive education, and ensure that this vital work is captured for the future. Drawing on this wide range of material, we celebrated 43 years of CSIE at a conference held in Bristol in January 2025 with a showing of CSIE’s new film, which is available at https://bit.ly/CSIE-film, and contributions from a wide range of people who have been involved in CSIE’s work since its inception.

The work was undertaken with the help and support of a consultant archivist and a committed group of volunteers. We are delighted that the Centre for Disability Studies at Leeds University has confirmed its willingness to house the archive.

Our Bristol Parents Project (the Bristol SEND community support project) was funded by a grant from the National Lottery Community Fund. This has enabled us to run workshops for parents of disabled children in Bristol, focusing on parental wellbeing and advocating for children’s rights. The workbook that we produced is now available to download free of charge from our new website, or to purchase a hard copy. This work

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

has been carried out with a parent and former Trustee of CSIE who supported the planning and the research elements of the project, and delivered with the support of a well-being consultant.

We were also supported over the year by a grant from Bristol’s Quartet Community Foundation designed to help us build our resilience. The grant has helped us to focus on strategic development, strengthen our local presence and our relationship with national bodies including the Department for Education, Ofsted and the Equality and Human Rights Commission. Additional support for grant-holders has enabled us to access pro bono support to revamp our website, see below.

We were able to provide disability awareness workshops for pupils in South Bristol schools thanks to a grant arising from a public vote in Tesco stores in the area (Tesco Stronger Starts award, administered in partnership with Groundwork UK). Some of the things pupils said that they valued about our workshops, include:

• being able to see more than one perspective

• to understand that disabled people do things differently

• we all have something bigger in common than we think

• never judge anyone by their look

• understanding that people can still do things if they are disabled

• talking about intelligent disabled people.

We are exploring other potential projects including a collaborative European project on play-based learning and an event to dig up the CSIE time capsule which was buried in 1992.

CSIE’s expertise continued to be sought throughout the year under review. In addition to other examples referenced in this report, significant highlights are a live interview on BBC Radio 4 and an invitation to a Department for Education Roundtable discussion.

Through our training and consultancy work, we have provided workshops on inclusion for schools and are now developing this work in partnership with NDTi (the National Development Team for Inclusion) to provide bespoke support for schools, Inclusion 360, that will be available to schools, LAs and MATs.

We have also worked with the Standards and Testing Agency, contributing to Inclusion Panel reviews of test materials.

We have contributed to the development of national policy in a range of ways. We are a key contributor to the Special Educational Consortium (SEC), a national policy forum

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

that seeks to influence government policy on inclusion, and have influenced policy through our regular attendance at meetings, through submissions to public bodies such as the Public Accounts Committee, Education Committee, Ofsted and the Department for Education (DfE), and by contributing our knowledge and understanding of international examples of inclusive education.

With a growing national commitment to more inclusive schools, CSIE has made an important contribution to the discussion through events hosted by the DfE, the Centre for Young Lives, the Wates Family Enterprise Trust and the SEN Policy and Research Forum as well as through individual meetings with the DfE, Ofsted and the EHRC.

Much of our work is carried out collaboratively through our participation in and contribution to a range of networks. In the last year these have included our contribution to SEC mentioned above, as well as engagements with the Centre for Social Justice, the Wates Family Enterprise Trust, Inclusive Higher Education UK, the Bristol Disability Equality Forum, the Inclusive Education Coalition, convened by the Alliance for Inclusive Education and the Diverse Educators Regional Hub.

We have also held individual meetings with a range of organisations to explore collaborative work on inclusion, such as the National Education Union, nasen and UNICEF’s Rights Respecting Schools.

CSIE also contributes to the development of inclusion internationally and has recently been invited by the Ministry of Education of Kazakhstan to attend a conference in midOctober to discuss cooperation with CSIE.

For some time, CSIE’s website has been in need of a significant overhaul. We are immensely grateful for the pro bono support from Delivered Social that has enabled us to bring the website up to date and make it more captivating. We are delighted that, at the end of our reporting year, our new website is ready to launch. We are confident that this will improve our profile, increase visits to the site and provide a more attractive offer to schools and others interested in our philosophy, our commitment and our services.

CSIE has benefited significantly from a range of pro bono support and advice. In addition to the support we have received from Delivered Social, see above, our Director has continued to benefit from a series of pro bono mentoring sessions, arranged by Voscur, and from other free activities organised by them. We are deeply grateful for the support we have received from the skilled and experienced professionals who have worked with us.

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

Public benefit

In engaging in the above range of activities, which support the development of inclusive education for all, CSIE’s work stands to improve the education experiences and, ultimately, life chances of children and young people at risk of discrimination or exclusion; 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 children and young people, CSIE’s work helps to ensure that all pupils 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

Our top priority for the year ahead is to secure funding that will enable us to recruit more staff and continue to implement the Business Plan which stands to make CSIE self-sustainable. We are actively seeking funding to support our work to promote systemic change and secure a more inclusive education system to the benefit of all our children and young people.

In the year ahead, we will:

• launch our re-designed and updated website and maintain an online presence at the cutting edge of developments in inclusive education;

• finalise the arrangements for housing the CSIE Archive;

• promote the materials developed through the Bristol SEND community support project;

• develop our new website as the ‘go to’ site on inclusion, for all educators;

• use our new website to promote our commitment to inclusion and our bespoke training and consultancy, to all stakeholders in local authorities and schools;

• build our relationships with partner organisations and develop collaborative projects with them;

• review CSIE resources and publish revised editions;

• build our influence through networks and relationships with key policy makers;

• contribute to the national discussion about inclusion through our continued membership of the Special Educational Consortium.

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

Financial position of CSIE

CSIE finished the year under review with an overal deficit of net assets of (£3,184), (2024: £22,765) which is a result of combining the restricted fund balance of £6,563 (2024: £32,677) and the deficit in general funds of (£9,747) (2024:(£9,912))

At the start of the year, staff had already worked part-time in August and continued to work part-time in September. Trustees are very grateful to staff for this significant contribution to CSIE.

During the year under review, Trustees’ concerns about CSIE’s capacity to continue operating increased. The completion of funded projects saw the end of the project funding, and whilst our website was under development, our old site was not attracting customers to our services.

Monthly monitoring continued and CSIE is only operating because of very significant donations from individuals, and one individual in particular, without whose generosity CSIE would have closed during this year.

Trustees monitored closely whether applications for long-term projects and a new website held the potential to secure the future of CSIE. We applied for major funding from the Solidarity Fund of the National Lottery Fund and also applied for a number of smaller grants. At the Council Meeting 23rd March 2026, Trustees decided that if CSIE did not get through the first stage of the application process with the National Lottery, CSIE would need to close. On April 28[th] 2026, we heard that our bid had been unsuccessful. At an emergency meeting on May 13th, and in the light of the unsuccessful bid, Trustees confirmed the decision to close and to do this at the end of May. Trustees are now meeting regularly to ensure an orderly wind down of CSIE.

Reserves policy

The Trustees had 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, which equates to £28,137 based on the budget approved for 2025-26. At this level, the Trustees felt that the current activities of the Charity could continue until new funding was secured.

With the failure to secure new funding, we have provided a valuation of our assets and liabilities.

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

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 maintain a Risk Register which is regularly reviewed and presents potential major risks to CSIE and action taken to mitigate these risks.

Independent Examination

A resolution to re-appoint Joanne Trowbridge 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:-

• prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

• select suitable accounting policies and then apply them consistently;

• make judgements and estimates that are reasonable and prudent; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

• state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;

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 and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 AUGUST 2025

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 statements.

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 (FRS102) (effective 1 January 2019).

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.

16/6/2026 16/6/2026 ………………………………………… ……………………………………..…… Stuart Burgess Philippa Stobbs (Chair) (Secretary)

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

INDEPENDENT EXAMINER’S REPORT

YEAR ENDED 31 AUGUST 2025

I report on the unaudited accounts for the year ended 31[st] August 2025 set out on pages 18 to 27.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

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 examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Emphasis of Matter – Cessation of Charitable Activities

I draw attention to Note 1a, in the financial statements, which indicates that the Trustees have made the decision to wind up the affairs of the charitable company and cease operations by 31[st] May 2026. As a result, the Trustees do not consider the charity to be a going concern and have prepared the financial statements on a basis other than that of a going concern (a "break-up" basis). My opinion is not modified in respect of this matter.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

• accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

• the accounts do not accord with those records; or

• the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

• the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across 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 accounts to be reached.

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

17/6/2026 ………………………………………. Date………………………….

CSIE annual report and financial statements 2024-25

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 AUGUST 2025

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 Net movement in funds Reconciliation of Funds: Total funds brought forward Total funds carried forward 18	Unrestricted Funds £ 39,080 2,829 417 843	Restricted Funds £ 10,000 - - -	2025 Total Funds £ 49,080 2,829 417 843	2024 Total Funds £ 33,837 22,591 456 321
	43,169	10,000	53,169	57,205
	10,806 27,734 1,801 2,663	- 36,114 - -	10,806 63,848 1,801 2,663	20,495 42,624 3,062 5,418
	43,004	36,114	79,118	71,599
	165	(26,114)	(25,949)	(14,394)
	165 (9,912)	(26,114) 32,677	(25,949) 22,765	(14,394) 37,159
	(9,747)	6,563	(3,184)	22,765

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

The notes on pages 21 to 27 form part of these financial statements

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)

YEAR ENDED 31 AUGUST 2025

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) Net movement in funds Reconciliation of Funds: Total funds brought forward TRUE Total funds carried forward	Prior Year Funds Total Funds £ 3,937 22,591 456 321 Unrestricted	Prior Year Restricted Funds Total Funds £ 29,900 - - -	Prior Year Total Funds Total Funds £ 33,837 22,591 456 321
	27,305	29,900	57,205
	20,494 41,901 3,062 5,418	- 723 - -	20,495 42,624 3,062 5,418
	70,876	723	71,599
	(43,571)	29,177	(14,394)
	(43,571) 33,659	29,177 3,500	(14,394) 37,159
	(9,912)	32,677	22,765

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

BALANCE SHEET

YEAR ENDED 31 AUGUST 2025

Note Current assets Stock of publications 12 Trade debtors 13 Cash at bank - Lloyds TSB Current Account CAF Accounts Total current assets Liabilities Creditors : Amounts falling due within one year 14 Net Current assets or liabilities Total net assets or liabilities The Funds of The Charity 16 Restricted income funds Unrestricted funds Total charity funds	2025 £ - 2,529 911 95	2025 £ (3,184)	2024 £ 5,733 240 84 20,184
	3,535 (6,719)		26,241 (3,476)
	6,563 (9,747)		22,765
		(3,184)	22,765
		(3,184)	32,677 (9,912)
			22,765

The directors are satisfied that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

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.

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16/6/2026
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These financial statements were approved by the trustees on ………………. and are signed on their behalf by:

………………………………. ……………………………….

Stuart Burgess - Chair

Philippa Stobbs - Secretary

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CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

1 Accounting Policies: Basis of Preparation and Performance

Centre for Studies on Inclusive Education is a registered charity and a company limited by guarantee and is governed by its Memorandum and Articles of Association, the Companies Act 2006 and the Charities Act 2011. Its company registration number is 02253521 and its charity number is 327805

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 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.

The charity meets the definition of a public benefit entity as defined by FRS 102.

a) Basis of accounting and winding-up presentation

The Trustees have determined that the going concern basis of preparation is no longer appropriate for these financial statements. On 13 May 2026, following the notification on 28 April 2026 that a critical funding application to the National Lottery Community Fund was unsuccessful, the Trustees passed a formal resolution to cease all charitable trading and systematically wind up the affairs of the company. The official date for the cessation of operations was set for 31 May 2026, after which steps are being taken to formally dissolve the company at Companies House

Consequently, as required by Section 32 of FRS 102 and Module 13 of the Charities SORP, these financial statements have been prepared on a basis other than that of a going concern (commonly referred to as a "break-up" or "non-going concern" basis). Under this basis of preparation:

1. Current assets have been measured and written down to their net realisable values.

2. Fixed assets have been fully depreciated, amortised, or written down to their net realisable values where appropriate. 3. No long-term assets or liabilities are presented on the balance sheet, and all balances have been reclassified into current items reflecting a realisation window of less than 12 months from the reporting date.

b) Adjustment of asset values

To reflect the non-going concern basis of preparation, the remaining stock of functional publications has been reviewed by the Trustees and written down to a net realisable value of £Nil (2024: £5,733), resulting in an exceptional stock writeoff charge of £5,733 recognised within expenditure on charitable activities during the period.

c) Material non-adjusting post-balance sheet events

As the definitive trigger events and formal board resolutions to wind down the charity occurred entirely after the reporting period (in April and May 2026 respectively), they represent non-adjusting events under FRS 102 Section 32. Accordingly, no provisions for future costs arising directly from the window of closure including contractual penalties, termination agreements, and statutory staff redundancies have been recognised as liabilities or pulled back into the balance sheet as of 31 August 2025.

A formal redundancy plan was communicated to staff following the decision on 13 May 2026. The total estimated terminal obligations expected to be incurred during the wind-down period subsequent to the balance sheet date comprise:

1. Statutory redundancy and staff termination obligations: £25,068.

2. Ring-fenced professional, closure, and legal dissolution fees: £1,805.

As the charitable company does not hold sufficient unrestricted cash assets to fully clear these impending structural terminal liabilities, the charity is actively assisting the remaining staff members with claims to the UK Government's Redundancy Payments Service (RPS). These costs will be recognised as expenses in the subsequent and final period of account.

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

d) Creditor liability – Rix Thompson Rothenberg (RTR) Foundation

Included within 'Creditors: amounts falling due within one year' is a balance of £3,500 owed to the RTR Foundation. Following the decision to close the charity, the RTR Foundation has agreed in principle to waive the repayment of this balance. However, this waiver is subject to formal ratification at the RTR Board meeting scheduled for 18 June 2026. As this formal approval takes place after the balance sheet date and after CSIE’s cessation date, the liability remains fully recognised in these financial statements and will be derecognised within the subsequent final closure accounts.

e) Related party financial support

To mitigate operational deficits and prevent the accumulation of further trading debts during the wind-down period, a member of key management personnel has supported the charity by unconditionally donating back their monthly salary from September 2025 up to the closure date of 31 May 2026.

2 Accounting Policies

• a) Income from donations is included in income when these are receivable, except as follows:

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.

• b) Expenditure is recognised in the period in which they are incurred. Expenditure includes any attributable VAT which cannot be recovered.

• c) Most expenditure is directly attributable to specific activities, and have been included in those cost categories. Support cost relating to unrestricted activities have been allocated on the following basis, which is an estimate, based on staff time in the year, of the amount attributable to each activity.

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

• d) Rentals applicable to operating lease agreements where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease.

• e) The company contributes to defined personal pension schemes maintained by staff. Contributions are charged to the year in which they relate.

• f) The stock of publications are valued by the trustees at the lower of cost and net realisable value.

• g) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.

• h) Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

• i) Donated services and facilities, that would otherwise have been purchased, shall be measured at the value to the charity.

• j) The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

Income and Endowments From:

3 Donations and Legacies Grants and Donations: Donations Grants Small donations In Kind Zoom licence In Kind mentoring fee In Kind financial advice fee Total 2024 4 Charitable Activities Sale of resources Services for schools Consultancy Training and presentation fees Total 2024 5 Investments Bank interest Total 2024 6 Other Royalties Compensation Total 2024	Unrestricted Funds £ 33,458 - 244 1,078 300 4,000	Restricted Funds £ - 10,000 - - - -	2025 Total Funds £ 33,458 10,000 244 1,078 300 4,000	2024 Total Funds £ 1,184 29,900 60 1,078 1,050 565
	39,080	10,000	49,080	33,837
				2024 Total Funds £ 148 7,221 14,460 762
	3,937	29,900	33,837
	Unrestricted Funds £ 284 - 1,862 683	Restricted Funds £ - - - -	2025 Total Funds £ 284 - 1,862 683
	2,829	-	2,829	22,591
				2024 Total Funds £ 456
	22,591	-	22,591
	Unrestricted Funds £ 417	Restricted Funds £ -	2025 Total Funds £ 417
	417	-	417	456
				2024 Total Funds £ 301 20
	456	-	456
	Unrestricted Funds £ 843 -	Restricted Funds £ - -	2025 Total Funds £ 843 -
	843	-	843	321
	321	-	321

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

Expenditure on:

7 8	Raising Funds Fund raising expenses Total 2024 Charitable Activities Equality: Making it Happen Archiving Project Bristol Parents Project Resilience Project Service provision costs Written off obsolete Stock Repaid grant Allocation of support costs Total 2024 Support Costs 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 Total 2024 Allocation of Unrestricted support costs Support costs Raising funds Charitable activities Lobbying Other	Unrestricted Funds £	Restricted Funds £	2025 Total Funds £	2024 Total Funds £
		10,806	-	10,806	20,495
					2024 Total Funds £ 276 723 - - 3,022 1,854 - 36,749
		20,495	-	20,495
		Unrestricted Funds £ 276 - - - 113 5,733 - 21,612	Restricted Funds £ - 6,384 5,352 628 143 - 3,500 20,107	2025 Total Funds £ 276 6,384 5,352 628 256 5,733 3,500 41,719
		27,734	36,114	63,848	42,624
					2024 Total Funds £ 53,032 1,071 1,029 375 227 182 1,210 264 590 1,653 - 1,615
		41,901	723	42,624
		Unrestricted Funds £ 27,970 186 555 485 81 4,202 1,204 298 452 248 39 300	Restricted Funds £ 20,090 - - - - 17 - - - - - -	2025 Total Funds £ 48,060 186 555 485 81 4,219 1,204 298 452 248 39 300
		36,020	20,107	56,127	61,248
					2024 £ (61,248) 18,375 36,749 3,062 3,062
		61,248	-	61,248
				2025 £ (36,020) 10,806 21,612 1,801 1,801
				-	-

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

Information and subscriptions include in kind Zoom licence donation valued at £1,078 (2024: £1,078) Professional fees include financial and mentor fee donations valued at £300 (2024: £1,615) Website fees include website donations valued at £4,000 (2024: £nil)

9 Other

Independent examiners fees Accounts preparation fee Legal fees Total 2024 10 Net income/(Expenditure)for the year This is stated after charging: Independent Examiners fee (ex. VAT)	Unrestricted Funds £ 543 319 -	Restricted Funds £ - - -	2025 Total Funds £ 543 319 -	2024 Total Funds £ 494 328 1,534
	862	-	862	2,356
				2024 £ 494
	2,356	-	2,356
			2025 £ 543

11 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.

12 Stock of Publications Opening stock of publications Written off obsolete stock Closing stock of publications Cost of publications sold in 2024/2025	2025 £ 5,733 (5,733) -	2024 £ 7,586 (1,853) (5,733)
	-	-

Production cost of publications sold in 2024/25 £nil (2024: £nil) are shown within production & distribution costs (note 8). The production costs 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.

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

13 Debtors

Trade debtors 14 Creditors: amounts falling due within one year Trade creditors HMRC - PAYE HMRC - VAT Accruals - Independent Examination Other creditors - owed to RTR Foundation 15 Staff Costs Salaries Social Security Costs Less Employment Allowance Pension Contributions	2025 £ 2,529	2024 £ 240
	2,529	240
	2025 £ 1,218 1,480 (513) 1,034 3,500	2024 £ 1,737 612 141 986 -
	6,719	3,476
	2025 £ 40,643 4,426 (4,426) 2,991	2024 £ 47,587 3,672 (1,335) 3,108
	43,634	53,032

The average monthly head count was 2 staff (2024: 1.64 staff)

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

16 Related party transactions

The key management personnel of the charity comprise the board of trustees & the senior management. The trustees received no remuneration during the year. The total employee benefits of key management personnel (including employers National Insurance and pension contributions), total £39,685 (2024: £39,299).

During the year, a member of key managment personnel, made an unconditional donation of £25,000 to the charity. This was a gift and no goods or services were received in return. The transaction was conducted in the normal course of the charity’s fundraising activities, and no conditions were attached which would influence the charity's operating activities. The donation represents 50% of the charity's total income for the year.

Since the balance sheet date, a member of key management personnel has continued to support the charity during its wind-down phase by unconditionally donating back their monthly salary from September 2025 through to May 2026

There were no other related party transactions during the year (2024: £nil)

17 Trustee expenses & reimbursement

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024: £nil) No trustees were reimbursed travel expenses during the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

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Docusign Envelope ID: BA9525F4-F22C-878A-82B5-B5B585230F0A

CENTRE FOR STUDIES ON INCLUSIVE EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

18 Movements in funds Unrestricted funds General Funds Total Unrestricted Funds Restricted Funds Rix Thompson Rothenberg Foundation National Lottery Heritage Fund Community Lottery Grant Resilience Grant Total Restricted Funds Total Funds	At 01-Sep 2024 £ (9,912)	Incoming resources £ 43,169	Outgoing resources £ (43,004)	Transfers £ -	At 31-Aug 2025 £ (9,747)
	(9,912)	43,169	(43,004)	-	(9,747)
	3,500 9,227 19,950 -	- - - 10,000	(3,500) (9,227) (16,242) (7,145)	- - - -	- - 3,708 2,855
	32,677	10,000	(36,114)	-	6,563
	22,765	53,169	(79,118)	-	(3,184)

Purpose of restricted funds:

Rix Thompson Rothenberg Foundation Deliver disability awareness workshops National Lottery Heritage Fund Archiving Project Community Lottery Grant Bristol Parents Project Resilience Grant Strategic development to build resilience

19 Analysis of net assets between funds

Cash at Bank and In Hand Other Net Current Assets/Liabilities) Total	General Funds £ (5,557) (4,190)	Restricted Funds £ 6,563 -	Total Funds £ 1,006 (4,190)
	(9,747)	6,563	(3,184)

20 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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