CIVITAS LIMITED

THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

(Registered Charity num ber1085494)
(Company Iimîted byGuarantee,Registration number04023641)

REPORT AND FINANCIALSTATEM ENTS

FOR THE YEAR ENDED

31 DECEM BER 2009
CIVITAS LIMITED CONTENTS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

Page

Legaland Admlnistrative lnform ation 2

ReportoftheTrustees 3-8

Reportofthe lndependentAuditors 9-10

Statem entofFinancialActîvities 11

Balance Sheet 12

Accountlng Policies 13

Notes to the FinancialStatements 14 -17

CIVITAS LIMITED LEGAL AND ADM INISTRATIVE INFORMATION
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

Trustees/Directors ofthe Charltabla Com pany

Chairman and Acting Treasurer Ivan Bradbury
Deputy Chalrm an SirPeterW alters
MegAllen
Patrick Barbour
DrPhilip Brown
The Hon MrsSilvi a Le Marclnant
ProfessorKenneth Minogue
Douglas MyersCBE
The Honourabl e Justin Shaw
MichaelStone DL
Lord Vinson ofRoddam Dene
OtherOfficers ofthe Charity

Executive Director DrDavidGreen

Com pany Secretary DrDavidGreen

Registered Office 55 Tufton Street

London SW IP 3QL

W ebsite Address www.civitas-orc.uk

Bankers Barclays BankpIc

PailMallCorporate Banking Centre
PO Box 15163
London SW IA 1QD
The Cooperative Bank
PO Box 250
Skel
m ersdale W N86W T

COIF Charities Deposi

tFund
CCLA lnvestmentManagem entLim i
ted
80 Cheapside
London EC2V 6DZ

lndependentAuditors LittlejohnLLP
StatutoryAuditors
1 W estferry Circus
CanaryW harf
London E144HD

Charity Registration Num ber 1085494

Com pany Reglstratlon Numbor 04023541

CIVITAS LIMITED REPORT OF THE TRUSTEES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY Yearended 31 December2009

TheTrustees(whoarealsotheDirectorsoftheCharitableCompanyLimited byGuarantee)presenttheirreportfor
the yearended 31 December2009.The presentation ofthe Financi
alStatements reflects the requirements ofthe
Statementof Recommended Practice -Accounting and Reporting by Chariti
es (issued In March 2005),the
CompaniesAct2006,and the Charity'sgoverning docum entasoutlined below.
Statem entofTrustees'Responsibilities
The Trustees are responsible forpreparing the Trustees'Reportand the FinancialStatements in accordance
with applicable law and United Kingdom AccountingStandards (United Kingdom GenerallyAcceptedAccounting
Practice).
Company Iaw requires the Trustees to prepare FinancialStatements foreach financialyearwhich gî ve a true
and fai
rview ofthe state ofaffairs ofthe Charitable Company and ofthe incoming resources and application of
resources,includîng the incom e and expenditure,ofthe Charitabl
e Company forthatperiod. ln preparing these
FinancialStatements the Trusteesare required to:

sel
ectsuitableaccountlngpol
ici
esandthenapjythemconsistently;
observethemethodsandjrinciplesintheCharltlesSORP;
makejudgementsandestçmatesthatarereasonableandprudent;
statewhetherapplicable United Kingdom Accounting Standards have been followed,subjecttoany material
departures disclosed and explained in the FinancialStatements;
@ pfepare the FînancialStatements on the going concern basis unless iti
s inappropri
ate to presume thatthe
Charitable Companywilcontinue în business.
The Trusteesare responsible forkeeping properaccounting records thatdisclosewith reasonable accuracy atany
time the financialpositi
on ofthe Charitable Company and enable them to ensure thatthe FinancialStatements
comply with the Com panies Act2006.They are al so fesponsible forsafeguarding the assets ofthe Chafitable
Companyand hence fortaking reasonable stepsforthepreventionand detectionoffraud and otherirregularities.
The Trustees are responsible forthe maintenance and integrity ofthe corporate and financialinformation included
on the Charitable Com pany's websi te. Legisl
ation in the United Kingdom governing the preparation and
disseminati
onoffinancialstatementsmaydifferfrom Iegislationinotherjuri
sdictions.
Constitutionand Objectives
Civitas Lim i
ted,al
so knownas the lnstitute forthe Study ofCivilSociety,is established underitsMemorandum and
Articles ofAssociation dated 29 June 2000 and amended on 23 November2000,and is a registered chari ty;
number1085494.
Detailsofthe Company's currentTftlstees,otherOfficers andAdvisors are setouton page2.
Under the Company's Mem orandum of Association, the Charity is established to advance the study and
understanding ofreligion and ethics in Socîetyand anyotherchari
table purpose.
Organisation ofthe Chatity
The Trustees supervise the management and adminislration ofthe Chari
ty.The day to day rtlnning of the
Charity isdelegated to the Executive Director.
Trusteeswith relevantexperience and expertise are recruited on meritfrom among those with a demonstrated
comm itm entto the aims ofthe charity.

4
CIVITAS LIMITED REPORT OF THE TRUSTEES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY Yearended 31 December2009

Revlew oftheYear'sAchievem ents and Performance

Aims and Program m es

Inordertoful
filitsobjecti
ve ofbenefitingthepublicCi
vitasaimsto:
. Discoversolutions to socialproblems
. Implementpioneeringprojectsto demonstratewhatcanbeaccomplished
. Suppl
yschoolswith teaching materialsand guestspeakers
. Supportinformed publicdebate and encourage consensus by:
Providing accurate factualinformation on today'ssocialissues
Publishing informed commentand analysis
Bringing togetherIeading protagonists in open disctlssion.
Ourworkfalls into two main groups:the serviceswe provide forthe public,and ourresearch and educational
program mes.W e provide two main services.First,we offerprimary education forchil dren failed bytheschool
system and unable to afford the mostcostly private alternati
ves'
,and second.we provide teaching materials
and speakers forschools.Ourresearch and educationalwork is desi gned to facilitate inform ed public debate
on impodantissuesofthe daybyproducingobjective and balanced publi
cationsand arrangingseminarsand
conferencesto stimulate mutualIearning through open discussion.

Pfimary Education ForChlldren Failed By TheirLocalSchool

Supplem entary Schools
Many primaryschools in innercity areas failto teach the basics.On Saturdays and afterschoolhours during
weekdays we provide lessons in English and m aths forchildren who have fallen behind.W e use a no-frills
approachwhich concentrates on hiyhquali
tyteaching al
ong traditi
onallines to enablechildren to master
essentialskills quickly.W e em phaslse smallclass sizes, reading through synthetic phonics, and m ental
arithmetic.
There are now seventeen suppl em entafy schools:ten in London,and the others in Yorkshire,the Nodh East,
Birmingham and GreatYarmouth.They provide forover400 children a week.The children also benefitfrom a
two-week summ erschooland half-term classes.W e are activel y increasing the numberofsupplementary
schools by enlîsting hard-to-reach children,including the children of îm migrants,one of the groups m ost
affected bypoorqualityschool s.

London Boxing Academ y

Childrenwho have been excluded from schoolare often compl etely failed bythe system.Aspartofa joint
projectwith the London Boxing Academy Community Project,we teach English,maths and otherGCSE
subjectsto teenagers who have been excluded from school.The projecttriesto reach excluded teenagers,
who have often been introublewith the police,by offefing boxing and fitness training.

Ci
vitas facilitated and suppoded the settlng up ofthe New ModelSchoolCompany (NMS),a non-proflt
com pany, independentof Civitas,which aims to m ake excellent traditionaleducation available ata more
affordable cost.Through the NMS we helped to establish a pri m ary schoolin London,Maple W alk School,
with the aim ofkeeping the fees as 1ow as econom i
cally possible.Although the starting ofthe NMS was initiall
y
facilitated by Ci
vitas,ithas never been a subsidiary.ltis an îndependentnot-for-profitcom pany funded by
independent shareholders and certain private trusts. Civitas now focuses on helping children from less
advantaged backgrounds to have accessto NM S school s.
Due to the generosity ofone ofourdonors,we also run a dyslexia bursal scheme forchildren with special
I
earning difficulties.

5
CIVITAS LIMITED REPORT OF THE TRUSTEES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY Yearended 31 Decem ber2009

Teaching MaterialsAnd Talks ForSchools

To furthereducate the public we supply schools with speakers and teaching materials in two areaslBritain's
relationshipwitb Europe and the role ofthe fam il
y and marriage in a free and dem ocratic society.

The European Union:As partofourcontinuing effortto ensure thatschcols are supplied with objective
materials aboutthe EU we provi
de a network ofspeakers willing to talk to schools,whetherin nofm alI
essons
or Iunchtime or after-schoolmeetings. Our speakers'panelnow com prises over 190 Lords,MPs,M EPS,
journali
sts,academics,business l
eadersand politicalactivists,Civitas has arranged over900 EU talks and
debatesduring the pastthree academ i
c years.

InMarch2009we heldafourthconferenceforover300sixthformerswhoarestudyingsubjectsthatcoverthe
EU debate.Factsheets have been prepared for use in schools,covering topics such as the CAP and the
impad on the developing world.Theirpreparation is overseen by independent advisers from schools and
elsewhere to ensureobjecti
vi
ty.They are free atourwebsiteandweredownloaded 80,000times in2009and
are currentl
y being used in about700 schoolswith si
xth forms,which is abouta quaderofthe totalnumber.

Family and MarriagelThe main schoolsubjectin which the îssue ofthe familyand marriage is raised is
Personal.Socialand Health Education (PSHE).W e supplyedblcationalmaterials,including lesson notes,for
teachers ofPSHE.Severalfactsheets have proved popul
ar,ei
therin hafd copyorVia ourweb site.ln cal
endar
year2009,justover200,000 copies ofthe factsheets were downloaded by schools.The pamphlet,''Does
Marriage Matter?'
'!is also in dem and with 3,800 downloads in 2009.Itsets outthe socialscience evidence
aboutfamily,marrlage and the consequencesoffam ilybreakdown.
Research -Im proving The Stock OfPublic Know ledge
Facilitating Inform ed Public Debate
W e facilitate informed publi
c debate by providing accurate factualinformation on the socialissues ofthe day,'
ptlbli
shing informed com mentand analysis,and bringing togetherleading protagonists in open discussion.
Civitas nevertakes a corporate view on any ofthe issues tackled during the course ofthiswork.Ourcurrent
focus is on issues such as education,health.crime,socialsecurity,manufacturing and im migration.Our
online reports on these and otherissues are widely soughtafterand in 2009 documents were downloaded on
over1.1 million occasions.
In orderto benefitthe publi
c we ensure thatthere is strong evidence foraIIourconclusions and presentthe
evidence in a bal
anced and objective way.Our publications are refereed by atleasttwo independent
com mentators,who m aybe academicsorexperts in theirfield.

Events

The followîng events were organised to benefitthe public:

SirRobertNaylor(CEO ofUCLH)and ProfessorSteve Smith (CEO ofImperial)discussed academichealth

science centres.The eventwas held atthe UCLH educati
oncentre on 26 Febrtlary2009.
SirKen Jones,head ofACPO,gave a lunchtime sem inar at Ci vitas on the Government's proposal
s to
reform the police.The sem inartook place on 3 March2009.
The EU sixth form conference forover3O0 students was held atthe Em manuelCentre on 12 March 2009.
The title oftheconference was 2009:A PivotalFearforthe EU?.
On 21April2009,James G ubb organised a seminaratthe House ofCommons enti tled Homeless health -
a blight on our house. The panel of speakers included Sir Davi d Varney, Head of Public Service
Tfansformation,DrJim O'Connellfrom Boston Healthcare forthe Homeless,Charles Fraser,CEO ofSaint
Mungo'sand DrPhillip Reid,G P atthe GreatCbapelCentre in Soho.
O n7 May2009 Tim Congdon spoke on The FinancialCrisis:are Ge doing the rightthings?.
The future ofm anufacttlring,a Reform Club discussion overdinner,27 May2009.

6
CIVITAS LIMITED REPORT OF THE TRUSTEES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY Yearended 31 Decem ber2009

Mike Gregorygave a sem inaron 29 May 2009which asked Do ee needindustrialactivism ?.

On 1 June 2009,Adm iralParfyspoke on Geo-politicalSecurity Risks.
Irwin Stelzerspoke on the fi
nancialcri
sisata lunchtime seminaron 15 June 2009.

On 21July 2009 Douglas Shaw,a Managing DirectoratBlackRock Investments,gave a Iunchtim e sem inar
entitled In Defence ofbledge Ftmds,which com pared and contrasted the moraland materialcontributionsto
soci ety made by differentfinancialinstitutions.
O n 17 June 2009 Tristram Huntspoke on his book Bul
lding Jerusalem ,abouttheVi
ctori
an city.
O n 27 October2009 Giles W ilkes,chiefeconom istatCentreForum 1gave a Iunchtime seminarabouthis
reporton The Modern DebtCrisis. His recentaward-winning publi
catlonA Balancing >c!was stim ulus fora
discussion on approachesto publicspending in the recessi
on.
On 12 Novem ber2009 DfAliParsa and Nick Boyle gave a lunchtime sem inar entitled Is Healthcare a
ProfessionalService ora Commodity?.
On 30 Novem ber2009 Adrian Hart,a filmmaker,gave a Iunchtim e seminarabouthis reportThe Myth of
Racist Kids. Discussion centred around whether today's brand of anti-racism threatens to disabl
ea
generation ofchiidrenfrom rising above the divisive conceptofrace.
Young Civitas forM edics hel
d itsfirsteventon 24 November2009 atthe RoyalSociety ofMedicine,entitled
A Crash Course on the NHS. James Gubb spoke with Julian Le Grand and Martin Marshall.The eventwas
attendedby250medicalstudents.Over750 medicalstudentshavenow joined thesocîety.
On 16 Decem ber2009M atthew Tayl
ofofthe RSA spoke on Neuroscience andpoliticaltheoty.
Publications

Ci
vitas fulfilled its aim ofadvancing publiceducati
on through the following publications in 2009:
Individualists N /lo Co-operate by David Greenwas published in January.
Ffom Two Cultures to No Culture edited byRoberlW helan was published in May.
bisunitedKingdom byDavidConwaywaspublished inMay.
Failing toFigure by M ervyn Stone was published in June.
Shatia Law ty 'One Law forAII'
?,Denis MacEoin,foreword byNeilAddison,was published in June.

NationsChooseJkosp/f/y:G/lyBritainneedsanindustïialpolicy,RuthLea(ed.),waspublishedinJuly.
Putting Patients Last,PeterDavies and James Gubb,was published in July.
Online Releases

In addition to hard copy publicati

ons,Cjvitas al
so advanced the education of the publi
c with the foll
owing
online publi
cations:

Serious,Violentand PersistentOffenderssby David Green and Pete Quentin.

M usic,Chessand OtherSins,byDenis MacEoin was publîshed online in February.
DirectDem ocracy could help clean up Parliam entwas issued by David Green on 19 May2009.
CIVITAS LIM ITED REPORT OF THE TRUSTEES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY Yearended 31 December2009

PresidentObam a shotdd Iook to Europe rl01the NHS by JamesGubb,14 August2009.

How notto beatthe BNPIA critique oftheEHRC reporfDn socialhouning allocation,by Mervyn Stone.
StraightAY byAnastasi
a deW aal,17August2009.
The Secrets ofAcademies'Success byAnastasia deW aal.
Markets in HeaIth Care:the t/leory behindthepolicy byJam es Gubb and OliverMeller-Herbert.

FinancialPosition and Reserves Policy

At31 December2009 the Company had netassets ofE677,674 (2008 -:813,844),represented by unrestricted
generalpurpose fundsof:308,292 (2008-:390,880)andrestri
cted fundsoff2369,382(2008-:422,964),These
are considered available andadequate to fulfilthe obl
igations ofthe charityforthe foreseeable future.
The poli
cy ofthe Trustees is to maintain a financialresefve up to the equi
valentofan average year'
s expenditure.
tobeexceededonlyforspecifiedpurposessuchasprovisionforpremisesorprojectssubjecttorestri
ctedfunding.
Rlsk Managem ent

The Trusteesconfirm thattheyhave identified and reviewed the majorriskstowhi

ch the ChariN isexposed,and
have established system sto miti
gate those risks.
The pdincipalrisk facing the Chari
ty is thatitdoes not raise sufli
cient income to be able to cover the costof
chari
table acti
vitiesandgovernance costs.
Disclosure ofInform ation to Auditors
So faras each Trustee is aware,there is no relevantauditinformation ofwhich the Com pany's auditors are
unaware,and each Trustee hastaken'aIIthe steps thathe oughtto have taken as a Directorofthe Com pany in
orderto make himselfaware ofany relevantauditinformation and to establi
sh thatthe Com pany's audi
tors are
aware ofthatinformation.

Auditors

LittlejohnLLP hassigni
fieditswillingnesstocontinueinoffceasaudi
tors.
On behal
foftheTrustees

Ivan Bradbtlry
Chaifman

27 May2010

8
CIVITAS LIMITED REPORT OF THE INDEPENDENT AUDITORS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY
INDEPENDENT AUDITO RS'REPORT TO THE MEM BERS OF CIVITAS LIMITED
W e have audited the FinancialStatements of Civitas Lim ited for the year ended 31 Decem ber2009,which
com prise the Statementof FinancialActlvities,the Balance Sheet,and the related notes numbered 1 to 8.
These FinancialStatements have been prepared underthe accounting policies setouttherein.
Thisreportis made solely to the Com pany's mem bers,as a body,in accordance witb Chapter3 ofPad 16 ofthe
Com paniesAct2006. O urauditwork has been undedaken so thatwe mightstate to the Com pany's mem bers
those matters we are required to state to them in an audi
tor's reporland forno otherpurpose. To the ful
lest
extentpermitted by Iaw,we do notacceptorassume responsibility to anyone otherthan the Com pany and the
Com pany's m em bers as a body,forourauditwork,forthis report,orforthe opinionswe have formed.
Respective Responsibllities ofTrustees and Auditors

TheTrustees'resqonsibilitiesforpreparingtheFînancialStatementsinaccordancewithapplicable l
aw,United
Kingdom Accountlng Standards and the Charities'Statementof Recommended Practice (United Kingdom
GenerallyAcceptedAccounting Pradice)are setoutintheStatementofTrustees'Responsibilities.
Our responsibility îs to audit the FinancialStatem ents in accordance with relevant Iegal and regulatory
requirementsandlnternationalStandardsonAuditing(UK and lreland).
WereporttoyououropinionastowhethertheFinancialStatementsgiveatrueandfairview andareqroperl y
yrepared inaccordance with the CompaniesAct2006. We also reportto yOuwhether,in ouropinlon,the
lnformation gi
ven in the Trustees'Reporti
s consistentwith the FinancialStatem ents.
ln addition we reportto you if,in ouropini
on,the Com pany has notkeptproperaccounting records2ifwe have
not received alIthe information and explanations we require for our audit,or ifinform ation speclfied by Iaw
regardlng Trustees'rem unerationand othertransactions i
s notdisclosed.
W e read the Trustees'Repod and considerthe implications forourreportifwe become aware ofany apparent
m isstatements within it.
Basis ofOpinion

W e conductedouraudi
tinaccordance with InternationalStandardsonAuditing (UK and Ireland),issued bythe
Auditing Practices Board.An auditincludesan examination,bn a testbasis,ofevidence relevantto tbe am ounts
and disclosures in the FinancialStatements.Italso includes an assessm entofthe significantestim ates and
judjmentsmadebytheTrusteesinthepreparationoftheFinancialStatements,andofwhethertheAccounting
Pollci
es are appropriate to the Company'scircum stances,consistently appli
ed and adequatelydi
sclosed.
W e planned and performed ourauditso as to obtain aIIthe information and explanati
ons which we considered
necessary in order to provide us with sufficient evidence to give reasonable assurance that the Financial
Statements are free from materialm isstatement,whether caused by fraud or other irregulari ty orerror. In
forming ouropinion we also evaluated the overalladequacy ofthe presentation ofinfofm ation in the Financial
Statements.

Opinion

In ouropinion
. The financialstatements gîve a true and fairview ofthe state ofthe charity's affairs as at31 Decem ber
2009 and ofîts incom îng resources and application ofresources.including its income and expenditure
forthe yearended;
The financialstatements jive a true and fairview,in accordance with United Kingdom Generally
Accepted Accounting Practl ce;
* The financialstatements have been properly prepared in accordance withthe CompaniesAct2006' ,and
@ The information given inthe Trustees'AnnualReportisconsistentwi th the financialstatements.

Malcolm Reddihough 1W estferfy Circus

SeniorStatutoryAuditor CanaryW harf
Forandon behalfofLittlejohnLLP.StatutoryAuditors London E14 4HD
8 June 2010
9
CIVITAS LIMITED STATEMENT OF FINANCIAL ACTIVITIES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY (i
ncorporating an Incomeand ExpenditureAccount)
Yearended 31 Decem ber2009

2009 2009 2009 2008

Income and Expendlture Unrestrid ed Restricted Total Total
Note Funds Funds Funds Funds
Incoming Resources
lncoming resourcesfrom generated funds:
Voluntaryincome -Donations 189,887 507,991 697,878 837,826
Activitiesforjeneratingfunds:
Mem bershlp program me
- 20,695 20,695 24,790
Subscripti
-
ons 5,455 5,455 3,982
Investmentincome-Interestand di videndsreceivable 11,342 11y342 52,390
Incom ing resourcgsfrom charitabl
e activities'
.
- Conf erence 1,644 1,644 2,927
- Publicationsales 26,916 26,916 50,465
- Sundr yincome 1,664 1,664 2,931

Totallncoming Resources 255,959 509,635 765,594 975,311

Resources Expended
Costofgenerating funds:
- Marketing 2,604 2,604 5,319
Charîtable acti
vities:
-
Centre ForSocialCohesion Project 284,673
-
Communi tyStudiesProject - $,2:$0
-
DyslexiaBursaryProject 10,431 10,431 8,595
-
EuropeanRelationsProject 28,069 28,069 47,269
-
FamilyStudiesProject 5,595 5,595 41,051
-
HealthAlternati
vesProject 30,350 30,350 14,406
-
LondonBoxingAcademyPfojed 94,736 94,736 82,425
-
New ModelSchoolProject 49,322 49,322 46,324
-
OurlslandStoryProject - 255
-
SocialCohesionUnitProject - j'
/ygyc
-
SugplementarySchoolsProject 273,465 273,465 256,893
-
SclenceandTechnologyProject 68,454 68,454 -
-
YoungCi vitasForMedicsProject 2,795 2,795 -
-
Book publi
shing 26,165 26,165 42,841
- Seminars and meetings 2,998 2,998 5,537
-
Research 206.028 206,028 225,299

237,795 563.217 801,012 1,080,087

Governancecosts 2 100,752 100,752 130,465

TotalResourcgs Expended 338,547 563,217 901,764 1,210,552

NetMovementinFunds (82,588) (53,582) (136,170) (236,241)

Fund balancesbroughtforward 390,880 422,964 813,844 1,049,085

Fund balances carried forward 2308,292 E369,382 E6777674 E813,844

The Company has no recognised gainsorI

osses otherthan asstated above.AlIoflhe activiti
es represent
continuîng actl
vities oftheCharity.
TheAccounting Policiesand Noteson pages 12to 16 form pad ofthese Financi
alStatements.

10
CIVITAS LIMITED BALANCE SHEET
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY At31 Decem ber2009
Com pany Num ber04023541

Note 2009 2008

Fixed Assets

Tangible fixed assets 1,876 3,502

CurrentAssets
Stockofbooks forresale 12,993 13,709
LoantoNew ModelSchool(dueafteroneyear) 125,000 72,664
Rentdeposit 5,325
Sundry debtorsand prepayments 1,236
VAT recoverable 2,763 173
StaffseasonticketIoans 380
Cash atbankand in hand 714,844 868,054

855,600 961,541
Creditors:Am ounts Falling DueW ithin One Year

Sundrycreditors 38,233 10,022

Taxand socialsecuritycosts 16,569 16,177

54,802 26,199
NetCurrentAssets 800,798 935,342

TotalAssets Iess Cu/rentLlabilitles 802,674 938,844

Creditors:Am ounts Falling DueAqerMore

Than One Year

Restricted purpose loan 5 125,000 125,000

NetAssets E677,674 E813,844

Funds
Restricted funds 6 369,382 422,964
Unrestrictedfunds 308,292 390,880

2677,674 2813,844

Approved and authorised forissue bythe Board ofTrustees on 27 May 2010

and signed on itsbehalfby

lvan Bradbury Trustee

The Hon M rs Silvia Le M atchant Trustee

TheAccounting Poli
ciesand Noteson pages 12 to 16 form pad ofthese FinancialStatem ents.
11
CIVITAS LIMITED ACCOUNTING POLICIES
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

Basis ofaccounting
The FinancialStatements are prepared underthe historicalcostconvention apartfrom fixed assetinvestm ents.
which are stated atmarketvalue,and in accordance with the Com panies Act2006,the Chari ties Act1993,the
StatementofRecommended Practice -Accounting and Reporting by Charities (issued in March 2005),and
appl
icable accounting standards.The specificaccounting policies adoptedare setoutbelow.
Incom ing resources
Donations and subscriptionsare included as income as soon as they are recei ved,unl essthe donorhas imposed
pre-conditions on the use ofthe funds,in which case the donations are cafried folward untilthe pre-conditi
onsare
m et.Grants and statutory funding are recognised once the resource is recei vable by the charity and can be
m easured with reasonable reliabil
ity.Gifts in kind,such as assets given foruse by the charity are recognised as
încome when received and are recorded attheirestim ated m arketvalue.Assets gi ven fordistribution bythe charity
are recognised as income when distributed.Voluntary help is not recognised in the Statem ent of Financial
Activities.
Resources expended
A1lexpenditure is accounted for on an accruals basis.Staff salaries are allocated to charitable activi
ties or
governance costson a time-spentbasis.
Depreciation

Degreciationisprovidedona11tangiblefixedassetsatratescalculatedtowriteoffthecostofeachasset,Iessany
resldualvalue,evenly overits expected usefulIife.Offi
ce furniture and equipmenthas an expected usefullife of
between 3 and 5 years.
Stocks
Stocks arevalued atthe Iowerofcostand netrealisablevalue.

Operating Ieases
Rentalspai
d underoperating leasesare chargedto income as incurred.
Taxation
Asa charity,Civitas Limited is general
ly exem ptfrom taxationwith the exception ofValueAdded Tax.The charity is
registered forVAT and expenditure isstated excluding the rel
atedVAT.
Ftlnd accountlng -restrlcted,designated and unrestricted funds
Restficted funds comprise donatîons and grants thathave been received for specifi
c purposes or have been
subjecttospecificcondi
tionsimposedbythedonor.Designatedfundscompriseunrestrîctedfundssetasidebythe
Trustees forspecific purposes.Unrestrlcted funds may be used forthe purposes ofthe charity atthe Trustees'
discreti
on.
Investm ents

Investments are included in the FinancialStatem ents at their marketvalue.Unrealised gains and losses are
included in the Statement of FinancialActivities and are computed by reference to the market value ofthe
investments at the beginning of the year.Gains cr losses arising from the sal
e of investments are shown as
realîsed.

Pension Contributions
The Charity operates a defined contribution pension scheme forcertain ofits seniorem ployees.The funds of
the scheme are administered by Trustees and are separate from the Charity. Contributions afe paid by the
Charity and em pl oyees. The pension charge fepresents contributions payable by the Charity forthe year. The
Charity's liabilityis Iimited to the amountsofthe contribution.

12
CIVITAS LIMITED NOTES TO THE FINANCIAL STATEMENTS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY
Inform ation regardingTrustees and Employeps 2009 2008

Staffcosts:
Civitas Limited staffl
W ages and salari es,including benefits 513,888 574,438
Redundancy cost 30,000 -
Socialsecuritycosts 51,652 60,325
Pension contributions 23,538 21,667

2619,078 E660,430

StlpplementarySchoolsprojectteachingstaff(broughtontotheCivitaspayrollduringtheyear):
Waqesandsalaries 85,901
Socl
alsecuritycosts 260

:86,161 E-

Totalstaffcosts :705,239 E660,430

The average numberofpersonsemployed bythe Company during the yearwas:
Civitasstaff 19 23
SupplementarySchooùsprojectteachfngstaff(parttime) 52

23

Therewasoneemployeewi themolumentsfortheyearfntherangeE90,000to V100,000(2008-onebetween

:80,000 and E90,000)and,in addition,the Company paid :14,416 (2008 -E13,996)in the yearforthe
provision ofmoneypurchase pension benefits forthis employee.A second employee received emoluments for
the yearthe range E50,000 to :60,000 (2008 - in the range E50,000to E60,000),togetherwith a :30,000
redundancypaymentand'E4,242 (2008 -24,118)forthe provision ofmoney purchase pension benefits.No
otheremployees received emolumentsforthe yearin excessofE50,000 (2008 - Nil).The Trusteeswerenot
remunerated,anddidnotrecl aim anyexpensesintheyear(2008-Nil).
2. Governance Costs
2009 2009 2009 2008
Unrestricted Restricted Total Total
Funds Funds Funds Funds

Accountancy 1,146 1,146 796

Depreciation 2,838 2,838 3,421
Independentauditors'remuneration 2,500 2,500 2,350
Legal 25,600
Postage 7,723 7,723 11,539
Rent 24,502 24,502 44,479
Staffsalari
es/redundancycosts - administration 51,200 51,200 33,219
Stationeryand computersupplies 6,288 6,288 5,263
Sundryexpenses 2,748 2,748 2,028
Telephone 1$807 1,807 1,770

:100,752 E100:752 E130,465

13
CIVITAS LIMITED NOTES TO THE FINANCIAL STATEMENTS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY
Inform ation regarding Trustees and Employees 2009 2008

Staffcosts:
Ci
vitasLimited staff.
W agesand salaries,including benefits 513,888 574,438
Redundancycost 30,000 -
Socialsecurltycosts 51,652 60,325
Pensioncontributi
ons 23,538 21,667

:619,078 f660,430

SupplementarySchoolsprojectteachingstaff(broughtontotheCivitaspayrolldurîngtheyear):
W ages and salaries 85,901
Socialsecuritycosts 260

:86,161 f>

Totalstaffcosts 2705,239 E660,430

The average num berofpersonsem ployed bythe Companyduring theyearwasl

Ci
vitasstaff 19 23
SupplementarySchoolsprojectteachingstaff(partti
m e) 52

23
=

TherewasoneemployeewithemolumentsfortheyearintherangeE90,000toE100,0O0(2008-onebetween
280,000 and E90,00O) and,in addition,the Company pai
d E14,416 (2008 - :13,996) in the yearforthe
provision ofmoneypurchase pension benefits forthi
s employee.A second employee received emol
uments for
the yearthe range :50,000 to E60,000 (2008 - in the range E50,000 to Z60,000),togetherwi
tb a 230,000
redundancy paymentand :4,242 (2008 -24,118)forthe provision ofmoney purchase pension benefits.No
otheremployeesrecei ved emolumentsfortheyearin excessofE50,0O0 (2008- Nil).TheTrusteeswere not
remunerated,anddid notreclaim anyexpensesintheyear(2008- Nil).
2. Governance Costs
2009 2009 2009 2008
Unrestricted Restricted Total Total
Funds Funds Funds Funds

Accountancy 1,146 1,146 796

Depreciation 2,838 2,838 3,421
lndependentauditors'rem uneration 2,500 2,500 2,350
Legal 25,600
Postage 7,723 7,723 11,539
Rent 24,502 24,502 44,479
Staffsalaries/redundancycosts- administration 51,200 51,200 33,219
Stationeryand com putersupplies 6,288 6,288 5,263
Sundfyexpenses 2,748 2,748 2,028
Telephone 1,807 1,807 1,770

E100,752 E- 2100,752 E130,465

13
CIVITAS LIMITED NOTES TO THE FINANCIAL STATEM ENTS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

3. Operating Lease Obllgations

The m inim um Iease paym ents to which the Com pany iscommitted undera non-cancellable operating Iease for
the coming yeartotalfnil,on a propertylease eypiring within one yearfrom the balance sheetdate (2008-
E7,030).
The Com pany m oved into new premises in January 2010, with an annual rental and service charge
comm itmentof:47,700.

4. Tangible Fixed Assets Office furniture

and
Cost equipment
At31 December2008 28,996
Additions 1,212

At31 Decem ber2009 30,208

Depreciation
At31 Decem ber2008 25,494
Charge fortheyear 2.838

At31 December2009 28,332

NetBook Value
At31 December2009 21,876

At31 Decem ber2008 :3,502

The Companyhadno capitalcommitmentsat31December2009 (2008- Ni1).

5. Restricted Purpose Loan

The Company has recei ved a Ioan from a charitable trustforthe purpose ofsupporting the developmentofthe
New ModelSchool.The loan i s unsecured,interestfree,and has no flxed repaymentdate,although the trust
hasconfirmed thatno repaymentwould be soughtuntilatl east1January2011yandonlythen ifthe New Model
schoolhasmade a trading surplusand is ableto repayallorpad ofits associated l oan from the Company.

14
CIVITAS LIM ITED NOTES TO THE FINANCIAL STATEM ENTS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

Restricted Funds Balance at Balance at

31 Decem ber 31 December
2008 lncome Expenditure 2009

CommunityStudies ProjectFund 18,770 18,770

Dyslexi
aBursaryProjectFund 15,341 10,431 4,910
EurogeanRelatlonsProjectFund 56,983 25,494 28,069 54,408
FamllyStudiesProjectFund 6,279 6,000 5,595 6,684
HealthAlternativesProjectFund - 30,350 30,350
London BoxingAcademyProjed Fund 23,304 111,650 94,736 40,218
New ModelSchoolPfojectFund 25,000 37,513 49,322 13,191
New M cdelSchoolBursaryFund 6,960 - 6,960
OurIsland StoryProjectFund 14,667 - - 14,667
SupplementarySchool sProjectFund 255,660 198,128 273.465 180,323
Science& TechnologyProjectFund -
g4,()po 68,454 25,546
YoungCivitasforMedicsProjectFund 6,500 2,795 3,705

Totals 2422,964 :509,

635 :563,217 E369,382

TheCommunityStudiesProjectFundwassetuptosuppodworkonastudyofthemoralandculturalrootsofa
free soci
ety.
The Dyslexia Bursary Fund was setup to provide teaching supportforyoung people with specialeducational
needs,especiallybutnotonly,dyslexia.

TheEuropean RelationsProjectFundwassetuptoprovidea networkofspeakersforschoolsanduniversities

on issues relating to ourrelations with otherEuropean countries'and to pfovide teaching materials aboutthe
EU forschools.

TheFamilyStudiesProjectFundwassetuptoadvancestudyofthefamil
yandmarriage.
The Healtb Al
ternatives ProjectFund was setup to coverthe costofstudying overseas health systems to
di
scoverthe Iessons forBritain.

The London Boxing Academy ProjectFund was setup to educate children who have been permanently
excluded from school.

TheNew ModelSchcolProjectFundwassetuptosupporttheworkoftheNew ModelSchoolinprovidîng high

quality privateeducation forthe childrenofparentson Iow incom es.
The New ModelSchoolBursary Fund was setup to provide educationalopportunities forchildren from low-
i
ncom e backgroundsatthe New ModelSchoolorelsewhefe.

The Ourlsland Story ProjectFundwas setup toencourageschool

s to teach narrative hi
story,especiall
yby
using the book,OurIsland Stofy by H E Marshall.

TheSupplementarySchoolsPcojectFund wassetuptosupportanetworkofsupplemental schoolsheldon

Saturdaysorafterschoolonweekdaystoteach mainly(butnotonly)Englishand mathsto childrenwhohave
fallen behind the expected standard fortheirage.

TheScience & TechnologyProjectFundwassetup to supportresearchand educationalworkontheroleof

science,technology and m anufacturing.

TheYoung Ci
vitasforMedicsProjectFundwasestablishedtoorganise eventsatwhi
chmedicalstudentscan
debate the future ofhealthcare.

15
CIVITAS LIMITED NOTES TO THE FINANCIAL STATEMENTS
THE INSTITUTE FOR THE STUDY OF CIVIL SOCIETY

7, Analysis ofTotalFunds Tangible Net Creditors

Fixed Current DueAfter
Assets Assets OneYear Total

Restricted funds:
Communi : StudiesProjectFund 18.770 18,770
DyslexiaBursaryProjed Fund 4,910 4,910
EuropeanRelationsProjectFund 54,408 54,408
FamilyStudiesProjectFund 6,684 6,684
LondonBoxingAcademyProjectFund 40,218 40,218
New ModelSchoolProjectFund 13,191 13,191
New ModelSchoolBursaryProjectFund 6,960 - 6,960
New Mode!SchoolRestricted Purpose Loan 125,000 (125,000) -
OurIslandStoryProjed Fund 14,667 - 14,667
SugplementarySchoolsProjectFund 180,323 180,323
Sclence& TechnologyProjectFund 25,546 25,546
YoungCivitasforMedicsProjectFund 3,705 3.705

Unrestrictedfunds - 494,382 (125,000) 369,382

1,876 306,
416 - 308,292

Totalfunds 21,876 E800,798 E(125,000) :677,674

8. Related Parties
The formerChairman ofthe Board ofTrustees and the formerDeputy DirectorofCivitas Lim i
ted are both also
DîrectorsofThe New ModelSchoolCompanyLimited(''New ModelSch0o1
''),a separate companysetup
during2004 asaresul tofa Civitasproject.Civltashasnointerestintheshares issued byNew ModelSchool.
CivitashadnolegalorfinandalobligationstoNew ModelSchoolasat31December2009(2008- ZNi)).Funds
raised byCivitasforthebenefitoftheNew ModelSchoolProjec'arespentatthediscretionofCivitas,butfunds
receivedbywayoftherestri
ctedpurposeloanareloanedontotheNew ModelSchoolwhenrequiredandare
only due forrepaym entonce the New ModelSchoolhas made a trading surplus and has sufllcientworking
capitalto enable itto make such repayment;at31 December2009 the amountowed to Civitas wasE125.000
(2008 -E72,664).ln March 2006,New ModelSchoolsigned a three-year I
ease on îts schoolpremi
ses,
terminable on one-term's noticesata rentof:13,575 perannum;Civitas,along with anotherunrelated party,
was previously a guarantorofthe rentpaid on this Iease by the New ModelSchoolbtltthis guarantee ceased
during the year(2008 -:13,575).In November2006,Ci
vitastook outa Iease on adjoining premi
ses to the
Schoolatan anntlalrentofE12,0001and are comm itted to pay this rentand the associated business rates on
this property untilOctober2010.
,during the year:14,408 was paid,shown as an expense in the New Model
SchoolProjectFund within restricted funds (2008- E12,689).In addition,a charge of210,551was madeto
New ModelSchooltowardsCl vitasadministrationcosts(2008-E5,000).

16