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← The English And Media Centre

2025-03-31-accounts

Company number: 2466244 Charity number: 803031

The English & Media Centre

(A Charity Company Limited by Guarantee, company number 2466244)

Audited Financial Statements and Trustees' Report

for the year ended 31 March 2025

(A Charity Company Limited by Guarantee, company number 2466244)

Index to the Financial Statements for the year ended 31 March 2025

AT The English & Media Centre

Page
Index to the Financial Statements 2
Charity Information 3
Trustees' Report 4 - 6
Statement of Trustees' Responsibilities 7
Independent Auditors' Report 8 - 10
Statement of Financial Activities 11
Statement of Financial Position 12
Statement of Cash Flows 13
Accounting Policies 14 - 15
Notes to the Accounts 16 - 21

Page 2

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Charity Information

for the year ended 31 March 2025

Status: The English & Media Centre is a company limited by guarantee and a registered charity The English & Media Centre is a company limited by guarantee and a registered charity
governed by its memorandum and articles of association. The directors of the charity are its
trustees for the purposes of charity law and throughout this report are collectively referred to
as the trustees.
Charity name: The English & Media Centre
Company registration number: 2466244
England & Wales
Charity registration number: 803031
Registered office: 44 Webber Street
London SE1 8QW
Operations address: 44 Webber Street
London SE1 8QW
Trustees who held office V. Gupta
during the year: R. Long
M. Marshall
K. Miah
M. Shah - Resigned 24 July 2024
L. Worsley
S. Johnson
L. Socrates - Resigned 8 September 2024
M. Lord - Appointed 4 November 2024
Chairperson: L. Worsley
Secretary: A. McCallum
Executive Director: A. McCallum
Senior Statutory Auditor: Anthony Armstrong FCA
Armstrong & Co
Chartered Accountants & Statutory Auditor
4a Printing House Yard
Hackney Road
London E2 7PR
Bankers: National Westminster Bank Plc
166 Camden High Street
London NW1 0NS
0
CCLA Investment Management Ltd
COIF Charity Funds
Senator House
85 Queen Victoria Street
London EC4V 4ET

Page 3

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Trustees' Report, incorporating the Director's Report for the year ended 31 March 2025

The Trustees of the The English & Media Centre present their report together with the financial statements for the year ended 31 March 2025.

Principal activity

The principal activities of the charity in the year under review were those of the provision of in-service training in language, literature, and media to Secondary English teachers and the publication of classroom teaching materials.

Trustees

The Trustees of the charity who held office during the year are disclosed on page 3.

Structure, governance and management

Governing document

The English & Media Centre is a company limited by guarantee, incorporated on 2 February 1990. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.

Risk mitigation

The board has examined the principal areas of the charity's operations and considered the major risks which may arise in each of these areas. In the opinion of the trustees the charity has established resources and review systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day to day operations.

The scope and nature of the work of the English & Media Centre

The English and Media Centre is an independent development centre supporting and serving secondary English and Media teachers and the wider English teaching community, through professional development courses, consultancy and classroom resources.

We aim to develop and disseminate best practice and innovative approaches to language, literature and media, in all their forms, including new literacies and technologies. We support teachers in helping their students to become confident, articulate, critical and creative readers and writers. Our work draws on our close connections with teachers, making them colleagues, not just customers.

Our approach combines creativity with rigour and we value our reputation for expertise and quality. We aim both to answer the practical needs of teachers and offer expert, informed advice.

As a not-for-profit voluntary sector organisation we are unique in being able to bring together publishing, CPD, projects and consultancy and to stand up for the very best in English and Media teaching.

The profile of the Centre in the school system

We continue to have a high profile among secondary English and Media teachers in the UK, with an increasing presence in debates and consultations at tertiary level. Our professional development courses are attended by over 2,000 teachers a year, while our publications reach English and Media departments in over 4,000 schools and FE colleges. Additionally, we act as consultants for department and school-focused work. We also run the subject-specialism part of a Media PGCE course for Goldsmiths College, London University.

Teachers and students in the post-16 sector are supported by our magazines, websites and conferences. We continue to offer a lead in this area, which receives less funding and direct intervention from LA and DFE agencies than other secondary age groups.

Given the multiple readerships for each of our publications, it is reasonable to estimate that EMC publications are read and used by several hundred thousand students each year.

EMC acts as a hub for other organisations working in the field of English and Media Studies, and in related fields with links to literacy, language learning, literature, media and the arts. We continue to be invited to contribute to national discussions by various subject associations, exam boards, publishers, arts agencies and HE institutions.

Page 4

AT The English & Media Centre

(A Charity Company Limited by Guarantee, company number 2466244)

Trustees' Report, incorporating the Director's Report for the year ended 31 March 2025

Review for the year

Overview

2024/25 was a landmark year for the English and Media Centre, marking the 50th anniversary of its founding (as the English Centre) in 1975. To mark the occasion we held an anniversary celebration, which fell into the 2025/26 financial year and was attended by over 100 people with significant links to the centre.

In many ways the year was very successful. Attendance at teacher courses and student conferences continued to be at historically high levels, our publications were used widely across thousands of schools, our free downloads continued to be popular with teachers and our Media PGCE course recruited more successfully than in the previous year. EMC thus continued to fulfil its mission to support English and Media teachers and their students by placing curiosity and pleasure at the heart of learning.

Against this background, we returned a significant deficit for the third year running. While costs have been reduced through relocating offices, reducing consultancy and support staff and streamlining web and accounting services, we saw further large reductions in income from publishing and were committed to increases in pay and national insurance contributions, in line with teacher pay awards. In addition, for the first 7 months of the accounting period, we were still paying the salaries of our Research and Projects team. Reserves remain healthy, but have reduced by nearly a half in three years.

Changes to our accounting methods mean that this year’s deficit appears higher than it would have done in previous years by about £50,000. In previous years, a proportion of magazine sales was not counted as a deferral. Given two of the eight annual magazines are published after the close of the financial year, it was decided to count this as deferral. This was part of a wider process of shifting to a new accounting system (using Xero and an integrated website) which began in 2023. The new system means that the charity is now VAT registered and able to claim back VAT to the tune of approximately £20,000 per year. This adjustment in accounting for deferrals has no impact on cash levels and will have little impact on subsequent accounts.

Publishing

This was another quiet year for publishing. With the National Curriculum now in its 10th year and reform of KS3 curricula largely complete, there is little appetite for buying new books. We were sustained by bulk sales of anthologies and GCSE full-text study editions, though it was disappointing to see these drop below levels seen in previous years, perhaps indicative of schools cutting costs, instead buying cheaper editions of a lower quality or photocopying out of copyright texts.

We had one landmark publication. Beyond the Secret Garden: Racially Minoritised People in British Children’s Books , by Darren Chetty and Karen Sands O’Connor, published in January, is a collection of writing by the co-authors. This is the first book of its type written by non-EMC staff that we have published in many years and garnered lots of publicity, including a recommendation in The Guardian. A successful launch event was held in March at Webber Street.

We also continued to publish download publications, adding to our ‘Teaching a Novel’ series with resource packs for Medusa , by Jessie Burton and A Monster Calls , by Patrick Ness. We also published free accompanying resources for all of the Carnegie Medal Writing Award shortlisted books and two free resources, funded by the Cheltenham Literature Festival RTRP programme, to accompany Who Owns the Clouds and The Roles We Play .

Magazines are now accounted for in the publishing section of the annual accounts. While sales are still strong for emagazine and have stabilised for MediaMagazine , both were down by almost 10% from the previous year, perhaps reflecting the lack of money schools have to spend, but also likely to have been affected by falling roles and a general sense of stasis in the curriculum.

Courses

We continued to recruit high numbers for our courses, both online and in-person. Over the course of the year approximately 2,500 teachers attended EMC CPD events of one kind or another. We successfully launched one innovation, a webinar package, which allows anyone in a purchasing department to watch all of the webinars in a given term, either live or on-demand. Autumn 2024 and Spring 2025 saw approximately 100 schools each term sign up. We are planning to extend the package so that schools can purchase yearly access from September 2025.

Conferences

2024/25 was another good year for conferences. Our two emagazine conferences at Friends House, Euston (A Level English Language and A Level Poems of the Decade for Edexcel) both sold out, each hosting approximately 800 students. The MediaMagazine conference at NFT1 Southbank also sold out, hosting about 400 students. We also held a successful conference in Kings School, Macclesfield, for about 350 students. Accounting this year includes teacher conferences in this column. Combined course and conference income for this financial year was almost identical to the previous one.

Page 5

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Trustees' Report, incorporating the Director's Report for the year ended 31 March 2025

Media PGCE

After only managing to recruit six students for 2023/24, this year we recruited ten. It continues to be a struggle to recruit to the target of 15, in part because there is no bursary on offer for Media Studies teachers.

Associate Teacher Programme

Perhaps the most significant new innovation this year, was the introduction of an Associate Teacher programme. Ten teachers were recruited to offer advice and work alongside EMC on various aspects of English teaching. After a joint training day at EMC, Associates met online each half term to offer advice to the EMC team about what is happening in classrooms. Several of the teachers also contributed to EMC CPD, both online and in-person, as well as facilitating visits to several of the schools for classroom observations. The programme has increased direct EMC contact with schools significantly and is being continued in 2025/26 in slightly different form – with five teachers recruited and three schools taking on the status of EMC Associate Schools.

Partnerships and outreach

We continued to collaborate with a range of organisations including NATE, MEA, CLPE, The Poetry Society, First Story, Teach First, OCR, University English, Common English Forum, the University of Essex, the University of Nottingham, the University of East Anglia and various university PGCE departments. Of particular significance were:

Building

Our landlords, CLPE, were subsumed within the National Literacy Trust (NLT), so making NLT our new landlords. They are not due to occupy the building in any significant way for two more years and we have been given assurances that EMC’s tenancy is secure in any future plans. The rent is up for review at the end of 2025/26 and is likely to increase by the rate of inflation over the three years of the rental agreement.

Financial Review

The results of the period and financial position of the charity are shown in the annexed financial statements.

The Statement of Financial Activities shows a decrease in funds for the year of £321,710 and reserves of £1,066,665.

Tangible fixed assets for use by the charity

Fixed assets are set out in Note 8 to the accounts.

Independent Auditors

The statutory auditor, A D Armstrong FCA of Armstrong & Co, has indicated his willingness to be proposed for re-appointment in accordance with Section 485 of the Companies Act 2006.

Although not required, the trustees have determined that the charitable company be audited under the Companies Act 2006 for the year ended 31st March 2025 and for future years. The charity is not required to be audited under charities legislation for the year ended 31st March 2025.

Where permissable, this report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The trustees acknowledge and confirm their responsibilities for preparing the financial statements and providing appropriate information to the auditors as detailed in the Statement of Trustees' Responsibilities set out on page 7.

These financial statements were approved by the Trustees on 22 September 2025 and signed on their behalf by:

L. Worsley Trustee

Page 6

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Statement of Trustees' Responsibilities

for the year ended 31 March 2025

Statement of trustees' responsibilities

The trustees (who are the directors of the charity for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006 and charity legislation. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement as to disclosure of information to auditors

So far as the trustees are aware, there is no relevant audit information of which the charitable company's auditor is unaware, and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

Page 7

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Independent Auditors' Report to the Members of The English & Media Centre

We have audited the financial statements of The English & Media Centre for the year ended 31 March 2025 which comprise the Statement of Financial Activities, Statement of Financial Position, Statement of Cash Flows and the Notes to the Accounts to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

Opinion

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 8

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Independent Auditors' Report to the Members of The English & Media Centre

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities set out on page 8, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Taxation law and regulations applicable to charities also apply to the charitable company but it is not involved in any complex matters that increase the risk of non-compliance.

Each area of audit review includes in the audit documentation reference to potential non-compliance and awareness of potential non-compliance is embedded in our audit procedures.

Our pre-audit questionnaire specifically makes enquires about fraud and this is supported by audit documentation. We also review Board minutes to identify any matters of concern or risk. None was identified.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities . This description forms part of our Report of the Auditors.

Page 9

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Independent Auditors' Report to the Members of The English & Media Centre

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members and trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Anthony Armstrong FCA (Senior Statutory Auditor) For and on behalf of Armstrong & Co Chartered Accountants & Statutory Auditor 22 September 2025

4a Printing House Yard Hackney Road London E2 7PR

Page 10

(A Charity Company Limited by Guarantee, company number 2466244)

The English & Media Centre

Statement of Financial Activities incorporating the income and expenditure account for the year ended 31 March 2025

Notes
Income from:
Charitable activities
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Total income less total expenditure
Net gains/(losses) on investments
9
Net income/(expenditure) for the year
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
13
Total funds carried forward
13		 2025
2024
Total Funds
Total Funds
£
£
666,947
845,951
7,130
27,708
31,678
38,976
705,755
912,635
993,752
1,160,385
993,752
1,160,385
(287,997)
(247,750)
(33,713)
88,237
(321,710)
(159,513)
-
-
(321,710)
(159,513)
1,388,375
1,547,888
1,066,665
1,388,375
Unrestricted
Funds		 Restricted
Funds		 Endowment
Funds
£
666,947
7,130
31,678		 £
-
-
-		 £
-
-
-
705,755 - -
993,752 - -
993,752 - -
(287,997)
(33,713)		 -
-		 -
-
(321,710)
-		 -
-		 -
-
(321,710)
1,388,375		 -
-		 -
-
1,066,665 - -

There are no gains and losses other than those noted above and therefore no separate statement of total recognised gains and losses has been prepared.

The accompanying accounting policies and notes form an integral part of these financial statements.

Page 11

(A Charity Company Limited by Guarantee, company number 2466244)

The English & Media Centre

Statement of Financial Position as at 31 March 2025

31 March 2025 31 March 2025 31 March 2024 31 March 2024
Notes £ £ £ £
Fixed assets:
Tangible assets 8 13,648 19,856
Investments 9 776,522 1,060,235
Total fixed assets 790,170 1,080,091
Current assets:
Stocks 10 92,778 102,365
Debtors 11 34,250 63,378
Cash at bank and In hand 12 279,546 288,337
Total current assets 406,574 454,080
Creditors: amounts falling due within one year 12 130,079 145,796
Net current assets 276,495 308,284
Total net assets 1,066,665 1,388,375
The funds of the charity:
Unrestricted funds 13 1,066,665 1,388,375
Total charity funds 13 1,066,665 1,388,375

These financial statements were approved by the Trustees on 22 September 2025 and signed on their behalf by:

L. Worsley Trustee

The notes on pages 14 to 21 form part of these accounts.

Page 12

(A Charity Company Limited by Guarantee, company number 2466244)

The English & Media Centre

Statement of Cash Flows for the year ended 31 March 2025

Notes
Cash flows from operating activities:
Net cash used in operating activities
1
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Proceeds from sale of investments
Net cash provided by investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
2
Cash and cash equivalents at the end of the reporting period
2
Notes to Cash Flow Statement
1
Adjustments for:
Depreciation charges
(Gains)/losses on revaluation of investments
Dividends, interest and rents from investments
(Increase)/decrease in stocks and work in progress
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by (used in) operating activities
2 Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
Reconciliation of net income/(expenditure) to net cash flow from
operating activities
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)		 2025
£
(290,469)
31,678
-
250,000
281,678
(8,791)
288,337
279,546
2025
£
(321,710)
6,208
33,713
(31,678)
9,587
29,128
(15,717)
(290,469)
2025
£
279,546
279,546		 2024
£
(211,041)
38,976
(23,533)
-
15,443
(195,598)
483,935
288,337
2024
£
(159,513)
7,551
(88,237)
(38,976)
5,749
1,419
60,966
(211,041)
2024
£
288,337
288,337

Page 13

(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Accounting Policies

for the year ended 31 March 2025

Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with:

Public benefit entity

The charity meets the defination of a public benefit entity under FRS 102.

Going concern

The charity's income is mainly derived from self-generated sources such as sales of teaching materials and training courses. The trustees consider that there are no material uncertainties about the demand for, and the charity's ability to continue to provide, these services, and accordingly, the accounts have been prepared on a going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for once the tax reclaim has been applied for. Grant income is recognised on a receivable basis.

The income from trading activities includes rental income from the letting of premises temporarily surplus to requirement, and is accounted for when earned. It is shown gross, with the associated costs included in fundraising costs.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Income from property held for its rental returns is included in Investments when due.

Deferred income

Income received which is contractually or otherwise not expendable until a future period is deferred to the period in which it meets the criteria for income recognition.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. The charity is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations and property maintenance costs.

Charitable expenditure includes those costs expended in fulfilling the charity’s principal objects, as outlined in the Report of the Trustees. These include grants payable, governance costs and an apportionment of support costs.

Unrestricted Funds

Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.

Designated Funds

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

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(A Charity Company Limited by Guarantee, company number 2466244)

AT The English & Media Centre

Accounting Policies

for the year ended 31 March 2025

Tangible Fixed Assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture & fittings - 20% on cost
Computers & equipment - 33% on cost

Items of equipment are only capitalised where the purchase price exceeds £500.

Investments

Investments are shown in the statement of financial position at closing market value. Surpluses or deficits on valuation are credited or charged to the SOFA.

Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

The cost of stock is made up of the direct cost of printing and collating only.

Pensions

Employees of the charity are entitled to join one of the 2 pension schemes mentioned below depending on their employment status. Future contributions to the Teachers Pension Scheme and the London Pension Funds Authority scheme are contingent on the outcome of periodic actuarial reviews undertaken by the schemes.

a) Teachers Pension Scheme

The Teachers’ Pension Scheme (TPS) is an unfunded multi-employer defined benefits pension scheme governed by the Teachers' Pensions Regulations 2010 and, from 1 April 2014, the Teachers' Pension Scheme Regulations 2014. Members contribute on a "pay as you go" basis with contributions from members and the employer being credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament.

The latest actuarial valuation of the TPS was carried out as at 31 March 2020 and in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2023. The valuation report was published by the Government Actuaries’ Department on 26 October 2023. The key elements of the valuation and subsequent consultation are:

The new employer contribution rate was applicable from 1 April 2024.

A copy of the valuation report and supporting documentation is on the Teachers’ Pensions website at: https://www.gov.uk/government/publications/2020-valuation-teachers-pension-scheme-england-and-wales

The assets of the TPS are held in separate trustee-administered funds. Because of the nature of the scheme, the scheme's assets are not hypothecated to individual institutions and scheme-wide contribution rates are set. The charity is therefore exposed to actuarial risks associated with other institutions’ employees and is unable to identify its share of the underlying assets and liabilities of the scheme on a consistent and reasonable basis. Therefore, as required by FRS 17 “Retirement benefits”, the charity accounts for the scheme as if it was a defined contribution scheme. As a result, the amount charged to the statement of financial activities represents the contributions payable to the scheme in respect of the accounting period.

b) Defined Contribution stakeholder pension scheme

Under this scheme only the employer is required to contribute, currently at the rate of 14% (2024: 14%). Employee contributions are voluntary.

The trustees are satisfied that any foreseeable change in employer’s contributions can be budgeted for without detriment to the charity’s ongoing activities.

Page 15

(A Charity Company Limited by Guarantee, company number 2466244)

F The English & Media Centre

Notes to the Accounts

for the year ended 31 March 2025

1 Incoming resources

The incoming resources and surplus are attributable to the principal activities of the charity.

2
Net outgoing resources
Net outgoing resources are stated after charging:
Auditors fees - audit services
Auditors fees - other services
Depreciation - owned assets
Trustees' emoluments		 2025
£
3,000
2,796
6,208
-		 2024
£
3,000
3,310
7,551
-

Trustees' emoluments

Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.

FRC Ethical Standard - Provisions Available for Audits of Small Entities

In common with many other charities of our size and nature we use our auditors to assist with the preparation of the financial statements and to provide advice relating to statutory and regulatory compliance.

3
Charitable activities
Publications
Courses
Conferences
Consultancy
4
Other trading activities
Copyright income
Letting income
5
Investments
Income from investments
COIF interest
Bank interest		 Unrestricted
£
293,252
243,476
79,455
50,764
666,947
Unrestricted
£
7,130
-
7,130
Unrestricted
£
27,174
3,623
881
31,678		 Restricted
£
-
-
-
-
-
Restricted
£
-
-
-
Restricted
£
-
-
-
-		 2025
Total
£
293,252
243,476
79,455
50,764
666,947
2025
Total
£
7,130
-
7,130
2025
Total
£
27,174
3,623
881
31,678		 2024
Total
£
470,271
276,876
51,967
46,837
845,951
2024
Total
£
9,640
18,068
27,708
2024
Total
£
28,250
7,862
2,864
38,976

Page 16

(A Charity Company Limited by Guarantee, company number 2466244)

F The English & Media Centre

Notes to the Accounts

for the year ended 31 March 2025

6
Charitable activities
Unrestricted
£
Conference
38,206
Publications
150,560
Courses
32,251
Consultancy
7,522
#N/A
228,539
Support costs:
-
Staff costs
571,548
Staff training
778
Advertising & marketing
4,923
IT & website costs
58,734
Office costs
16,930
Travel & subsistence
2,702
Subscriptions & affiliation
3,371
Provision for bad debts
37
Rent
55,660
Other premises costs
47
Legal & professional
21,544
Bank charges
1,492
Depreciation
6,208
Irrecoverable VAT on support costs
15,443
Auditor's remuneration
5,796
993,752
7
Staff costs
Staff salaries
Staff social security
Staff pensions
Employees paid in excess of £60,000 during the current year and previous year:
Average number of employees during the year was:		 Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2025
Total
£
38,206
150,560
32,251
7,522
228,539
-
571,548
778
4,923
58,734
16,930
2,702
3,371
37
55,660
47
21,544
1,492
6,208
15,443
5,796
993,752
2025
£
419,901
39,993
111,655
571,548
14
1		 2024
Total
£
33,112
182,128
22,511
6,835
244,586
-
635,430
25
-
38,006
25,122
1,294
4,625
65
115,748
42,763
30,269
1,508
7,551
7,083
6,310
1,160,385
2024
£
488,409
45,231
101,791
635,430
14
1

The number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards were as follows:

£60,000 upwards were as follows:
No of employees
Band 2025 2024
£60,000 to £69,999 - -
£70,000 to £79,999 - 1
£80,000 to £89,999 1 -

The charity considers its key management personnel to be the trustees and the executive director. The total employment benefits (including employer pension contributions) of the key management personnel were £107,117 (2024: £97,217). No remuneration was paid to any trustee or their associates for services as a trustee during the year ended 31 March 2025 nor to 31 March 2024.

Page 17

(A Charity Company Limited by Guarantee, company number 2466244)

F The English & Media Centre

Notes to the Accounts

for the year ended 31 March 2025

8
9		 Tangible fixed assets
Tangible 1
Premises
Improvements
Plant &
machinery
£
£
£
Cost
As at 1 April 2024
-
-
-
As at 31 March 2025
-
-
-
Depreciation
As at 1 April 2024
-
-
-
Charge for the year
-
-
-
As at 31 March 2025
-
-
-
Net book value
As at 31 March 2025
-
-
-
As at 31 March 2024
-
-
-
Investments
CCLA - Mary
Bastow - #3
CCLA - Mary
Bastow - #2
Market value
As at 1 April 2024
-
-
Disposals
-
-
Revaluations
-
-
As at 31 March 2025
-
-
Historical value at at 31 March 2025		 Tangible fixed assets
Tangible 1
Premises
Improvements
Plant &
machinery
£
£
£
Cost
As at 1 April 2024
-
-
-
As at 31 March 2025
-
-
-
Depreciation
As at 1 April 2024
-
-
-
Charge for the year
-
-
-
As at 31 March 2025
-
-
-
Net book value
As at 31 March 2025
-
-
-
As at 31 March 2024
-
-
-
Investments
CCLA - Mary
Bastow - #3
CCLA - Mary
Bastow - #2
Market value
As at 1 April 2024
-
-
Disposals
-
-
Revaluations
-
-
As at 31 March 2025
-
-
Historical value at at 31 March 2025		 Furniture &
fittings
£
12,853
12,853
1,480
2,571
4,051
8,802
11,373
UK listed
equities
£
1,920
-
1,384
3,304
-		 Computers &
equipment
£
41,289
41,289
32,806
3,637
36,443
4,846
8,483
COIF managed
funds
£
1,058,315
(250,000)
(35,097)
773,218
365,834		 Total
£
54,142
54,142
34,286
6,208
40,494
13,648
19,856
Total
£
1,060,235
(250,000)
(33,713)
776,522
365,834
UK listed equities The charity holds 1,148 ordinary shares in Barclays PLC which it received on 26 October 2000
in exchange for its holdings in Woolwich Plc under the takeover of the Woolwich by Barclays
PLC. The Woolwich shares were received when the building society converted to a bank.
COIF managed funds These investments are held in funds managed by CCLA Investment Management Limited on
behalf of COIF CharityFunds.
10 Stocks
Stock - publications
11 Debtors: amounts falling due within one year
Trade debtors
Other debtors
Vat refund due
Prepayments		 2025
£
92,778
92,778
2025
£
14,237
1,512
3,806
14,695
34,250		 2024
£
102,365
102,365
2024
£
37,805
-
21,249
4,324
63,378

Page 18

(A Charity Company Limited by Guarantee, company number 2466244)

F The English & Media Centre

Notes to the Accounts

for the year ended 31 March 2025

12
13
14
15
**16 **		 Creditors: amounts falling due within one year
Trade creditors
Credit card
Payroll taxes
Pensions payable
Net salaries control
Accruals
Receipts in advance
The funds of the charity - current year
Restricted funds
Restricted income funds
Unrestricted funds
Designated funds
General funds
Total unrestricted funds
The funds of the charity - prior year
Restricted funds
Restricted income funds
Unrestricted funds
Designated funds
General funds
Total unrestricted funds
Designated funds - current year
Building fund
Designated funds - prior year
Building fund		 Creditors: amounts falling due within one year
Trade creditors
Credit card
Payroll taxes
Pensions payable
Net salaries control
Accruals
Receipts in advance
The funds of the charity - current year
Restricted funds
Restricted income funds
Unrestricted funds
Designated funds
General funds
Total unrestricted funds
The funds of the charity - prior year
Restricted funds
Restricted income funds
Unrestricted funds
Designated funds
General funds
Total unrestricted funds
Designated funds - current year
Building fund
Designated funds - prior year
Building fund		 Opening balance
£
-
296,208
1,092,167
1,388,375
1,388,375
Opening balance
£
-
296,208
1,251,680
1,547,888
1,547,888
Opening balance
£
296,208
296,208
Opening balance
£
296,208
296,208		 Resources
arising
£
-
-
705,755
705,755
705,755
Resources
arising
£
-
-
912,635
912,635
912,635
Resources
arising
£
-
-
Resources
arising
£
-
-		 Resources
utilised
£
-
-
(993,752)
(993,752)
(993,752)
Resources
utilised
£
-
-
(1,160,385)
(1,160,385)
(1,160,385)
Resources
utilised
£
-
-
Resources
utilised
£
-
-		 2025
£
11,563
1,712
7,849
12,381
16
14,289
82,269
130,079
Other
movements
£
-
(296,208)
262,495
(33,713)
(33,713)
Other
movements
£
-
-
88,237
88,237
88,237
Transfers &
adjustments
£
(296,208)
(296,208)
Transfers &
adjustments
£
-
-		 2024
£
45,168
1,650
12,656
-
-
86,322
-
145,796
Closing
balance
£
-
-
1,066,665
1,066,665
1,066,665
Closing
balance
£
-
296,208
1,092,167
1,388,375
1,388,375
Closing
balance
£
-
-
Closing
balance
£
296,208
296,208
Building fund The building fund has been set up to provide funds for the charity to move to new premises,
either by purchase or leasing. The charity has now moved to a new premises and has paid for
its relocation and dilapidation costs for old premises, the trustees have agreed to undesignate
the fund.

Page 19

(A Charity Company Limited by Guarantee, company number 2466244)

F The English & Media Centre

Notes to the Accounts

for the year ended 31 March 2025

17 Transfers between funds - current year
Designated to general
18 Net assets attributable to funds - current year
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds
19 Net assets attributable to funds - prior year
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds		 General funds
(296,208)
(296,208)
General funds
790,170
406,574
(130,079)
1,066,665
General funds
783,883
454,080
(145,796)
1,092,167		 Designated
funds
296,208
296,208
Designated
funds
£
-
-
-
-
Designated
funds
£
296,208
-
-
296,208		 Restricted
funds
-
-
Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-		 Endowment
funds
-
-
Endowment
funds
£
-
-
-
-
Endowment
funds
£
-
-
-
-		 Total
-
-
Total
£
790,170
406,574
(130,079)
1,066,665
Total
£
1,080,091
454,080
(145,796)
1,388,375

20 Taxation

The company is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.

21 Post balance sheet events

There were no significant post balance sheet events.

22 Pension commitments

The charity contributes to both employee defined contribution (DC) stakeholder pension and employee defined benefit (DB) schemes. The assets of the schemes are held separately from those of the charity in independently administered funds.

Contributions to the schemes were as follows:

Name of Scheme
Type
DB
DB
DC
Teachers Pension Scheme (TPS)
London Pension Funds Authority (LPFA)
Other
The unpaid contributions outstanding at the year end were:		 Paid in year
Balance at
year end
Paid in year
Balance at
year end
£
£
£
£
105,558
10,246
94,694
-
-
-
-
-
6,096
2,136
7,097
-
111,655
12,381
101,791
-
2025
2024
£
12,381 £
-
2025
2024

23 Other financial commitments

At 31 March 2025, the charitable company had total commitments under non-cancellable operating leases over the remaining life of those leases of £67,318 (2024: £116,191).

24 Transactions with trustees

There were no material transactions with the trustees during the year.

Page 20

F The English & Media Centre

(A Charity Company Limited by Guarantee, company number 2466244)

Notes to the Accounts

for the year ended 31 March 2025

25 Contingent liabilities

The charity had no material contingent liabilities at 31 March 2025 nor at 31 March 2024.

26 Related parties

There were no disclosable related party transactions during the year.

27 Gifts in kind and volunteers

During the year the charity benefited from unpaid work performed by volunteers.

Page 21