ANNUAL REPORT 2022-2023 www.phoe.nixe tion.co.uk
LEGAL The Phoenix Education Trust is a charitable company limited by guarantee. It was incorporated on 23 October 2000 and is governed by its Memorandum and Articles of Association. 11 The Trustees, who are also the Directors for the purposes of Company Law, present their report and the audited Financial Statements of the Charity for the year ended 31 March 2023. Reference and Administrative Information Registered Company Number: 4094988 Registered Charity Number: 1084686 Registered Address: The Phoenix Education Trust, The Warehouse, 54- 57 Allison Street, Birmingham, B5 5TH Bankers: CAF Bank Limited Kings Hill, West Malling, Kent, ME19 4TA. Accountants: Prentis & Co. LLP. 115c Milton Road, Cambridge, CB4 1XE PHG)ENIX EDUCATION
It s been onother exciting year for Phoenix Education Trust,. things have continued to grow and evolve, and there is a stmng sense too that this has been ayear of rooting down and building relationships within and beyond our awesome team. We have continued to move towards the big questions aroundyoung people s rights and autonomy, seeking out new responses to the challenging and important issues of our times. This has included recognising the deep connection between the way we operate as an organisution and our wider mission, developing strategies and systems that embed our values and encourage integrity and authenticity. A key part of this has been the move towards meaningful ways in which we can embedyoung people in the leadership of Phoenix as well as continuing to support a diverse range ofyoung people through our programmes. The work of the Changemaker's Lab in empoweringyoung people directly has never been more important as mainstream education moves further towards a place of coercion and control, and we are further maximising the impact of our interventions through seeking out opportunities to collaborate with those at the radical edge of the state eclucation system. Outside of the mainstream, Freedom to Learn is proving itself o vital support network for a growing network of rights-respecting learning communities- harnessing the power of the collective ond creating a genuine alternative for the increasing numbers ofyoung people who have been left behind by the direction of travel of UKschools. Everyone has felt the impact of recruiting a highly skilled administrator who brought with her a wealth of experience In uplifting young people's voices, and is enabling the staff to focus on deepening and extending the reach of their work All of this work has been underpinned by our CEO'S energy and commitment - both to furthering Phoenixs mission and ensuring the wellbeing and resilience of his team. And of course none of it would have been possible without the support of our funders, for which we are very grateful. The seeds of change continue to be sown and nurtured throughout the trust, recogni5ing the need to be agile and responsive in these challenging times Our foundations are strong, and we will continue to flourish in the year to come. Sophle Lovett and Rachel Roberts Co Chalrs of Phoenix Education Board of Trustees
CONTENTS VISION VALUES REVIEW REFLECTIONS TEAM FINANCIAL STATEMENT POLICIES DONATE
VALUES 4 Agency.. Phoenix Education Trust believes that every member of a learning community should have a say and influence. Empowering individuals with agency allows them to make a positive impact on the world and avoids fitting young people into predetermined moulds. 111 Equality: The Phoenix Education Trust recognises the importance of equality between adults and children in the learning journey. We are committed to ensuring equal access and opportunities in their pursuit of democratic education. Authenticity: To prepare students for the real world, the trust believes in real-world involvement. Learning should extend beyond the classroom and take place in the broader society, supported by their community and focused on their own personal passions and interests. Autonomy.. In a democratic and self-directed education system, students are encouraged to follow their interests, which fosters curiosity, empowerment, and passion. This autonomy benefits not only students but also parents, teachers and society as a whole. FPEEDQXTOLEARN Collaboration: The organisation emphasises the significance of collaboration and teamwork for progress and happiness. Collaboration in an inclusive and democratic manner is integral to the charity's functioning and operations. As the staff team expands and new trustees bring their experiences to the board, our values will naturally also evolve. In this period conversation has begun about shaping our values toward reflecting both equality and equity with the value of justice,, and bringing focus towards the core values of 'love' and 'community' that rest within our work.
VISION The Phoenix Education Trust is a UK-based educational charity and organisation that is committed to promoting democratic education and the princlples of sélf-directed learning. The trust was founded in 2000 and has been actively involved in advocating for educational change and reform. The organisation's primary focus is on empowering young people to have a greater say in their own education and fostering environments where they can participate in decision-making processes. Key aspects of the Phoenix Education Trust's work and mission include: Democratic Education: The organisation promotes democratic education, emphasislng the importance of involving students in the educational decision-making process. This approach allows young people to have a voice in shaping their own learning experiences. Self-Directed Learning: Phoenix Education Trust encourages self-directed learning, where students have the autonomy to pursue their interests and take ownership of their education. The trust's work is aligned with the goal of providing young people with educational experiences that are more relevant, engaging, and empowering, ultimately preparing them to be active and informed citizen Educational Programmes: The Trust offers various educational programmes and initiatives, including the Changemakers Lab and Freedom to Learn, which aim to empower students to become active participants In their learning and to promote rights respecting education. Collaboratlon: Phoenix Education Trust collaborates with various stakeholders, including young people, staff, trustees, and guardian members, and other organisations and networks to shape their educational vision and strategies. TheTrust's work is aligned with the goal of providing young people with educational experiences that are more relevant, engaging, and empowering, ultimately preparing them to be active and informed citizens. Whilethe specific programmes and initiatives may evolve over time, the core mission remains focused on advocating for a more democratic and student-centred approach to education.
REVIEW The Phoenrx Education Trust experienced significant evolution and growth the perlod through Ist April 2022 to 31st March 2023. Evolution As an organisation we cemented 3 Strategic departure away from a project-to-project approach to instead capacity-building and firmly establishing the consolidation of our flagship programmes. This has meantvaluing and learning important lessonsfrom all the work we have done working with and assisting over19,000 young people through student- led campaigns, projects, and consultations, and applying these lessons learned to ensuring we are better able to consistently serve the needs of young people-SUStainably and intentionally. In order to do this, we had to know where we stood as an organisation, what our values were, and what our role is in the 21st century. Beginning in April, we held sessions with Guardian Members exploring tough questions such as'what does Phoenix Education stand for In the 21st centu, We collectively noted that our work has evolved in many complex ways since our founding in 2000. Whilst we have historically had a focus on 'democratic' education, we felt our current work and projects, namely the evolution of the Changemakers Lab and Freedom to Learn, were more radical and more dynamic than simply'democratic,. Soclocracy Discussions continued throughout theyear and particularly at the AGM naturally involving stakèholdèrs throughout the Trust including young people, staff, Trustees, and Guardian Members. To precis the depth and breadth of conclusions: Through consensus it became clear that Phoenix had evolved significantly from Its democratic roots and was perhaps more in Ilne with a sociocratic model both in terms of our work on the ground and internal system5 and ways of working. Based on our democratic roots, the Trust continues to value equality and self-determination yet in a manner which takes a whole systems approach reliant on transparency, genuine inclusiveness, empowering creative destruction, increasing accountability across the organisation, and centring consent in our model of working. Rather than simply voting towards change, we decided to begin working towards common decisions and appreciating the often complex and nuanced elements required to make the best decisions. The extensive debates and discussions that emanated during this period culmirnated in a rnew Phoenlx Educatlon Theory of Change and Strategic Review for the next 5 years, signed off by the Board of Trustees, which has put in place a deeply thoughtfLrl and concrete action plan commencing the period through Ist April 2023,
Headquarters During this period, we found a good balance between working from home and in person. We moved our Headquarters from 8ethnal Green in London to Digbeth in Birmingham's creative quarter. We thought long and hard about not wanting to be complicit in the North- South divide, and wefelt thetime was right for Phoenix to be intentional in our creation of enduring social and economic value, particularlyaswe began to work more in-person. We chose Digbeth due to its creative nature which will allow us to workwith like-minded and cutting-edge organisations in our vicinity. More regular staff get togethers have resulted In specific strategic approaches cemented by the Heads of both the Changemakers Lab and Freedom to Learn which crystallised further Pheonix's priorities and objectives for the next 5 years. Phoenix has also continued to support staff and stakeholders networking more and stepping into their role as ambassadors for the work of the Trust. Board of Trustees At a Trustee level, we conducted a Skills Audit in order to maximise the strength of our Board as we crystallised our purpose and strategy moving forward, and in order to ensure Phoerlix remains effective, responsible, in line with regulatory and legal requirements, and at the cutting-edge in our sector. We also wanted to ernsure that Trustees also fundamentally enjoy the work theydo with Phoenix, knowthey are valued, and feel they are adding that value to the mar)agemer)t and direction of the Trust. We made good progress in the formulation of our new Advisory Board, which when launched will encompass solely young people aged between 9 to 18 with the explicit mandate of centring young people's voice in our organisational governance Infrastructure. We did not stop there, however. In January 2023, we were delighted to welcome Ava James to the Board of Trustees. Ava, Co-Founder of Not a Trend, has been involved with our Changemakers Lab historically. Ava's appointment to the Board of Trustees illustrates her incredible journey and growth into a valued partner of the Trust and we are delighted with her unique perspectives and contribution to the Board already. At PhoenSx, having an Advisory Board comprised of young people is not enough. Instead, we are continuing to be intentional in how we sincerely and sustalnably implement and centre youth voice across and within our organisation and its work thAS contlnues to be our guiding prlnelple. Ava J2mes Boar.4 Trustee "It Is so important to have youth represent¢ytion In all levels of society and I will bring a unlqu•ly liv•d voic• to the team I have been oble to understand how th• Trugt works und I fe•1 Ilk• I have g•nvlnely grown into a portn•r over th• past few years so l am dellght•d to Joln the Boarll of Tru*t•es."
Onllne Presence We built and launched a new website during this period, and we are delighted with the slick and simple design. Our presence on X, formallyTwitter, has continued to grow and we are supporting a network of over a thousand followers on Facebook. Uvlng Wage At a staff level, we recognised the prolonged cost of Ilvlng crisis had generally not been met with adequate pay rises in the sector, with pay in real terms generally falling behind despite the cost-of-living crisis intensifying and inflation rates rises. The severe inflationary crisis combined with a global slowdown in economic growth in part driven by the continued war in Ukraine and the global energy crises caused a striking fall in real monthly wages. As a result, the Board signed off on a significant pay increase for staff, rewarding their continued hard work, commitment, and innovation, and ensuring Phoenix is now working towards becoming a Llvlng Wage Employer. FFnance With all this groundwork, our focu5 during this period shifted to financial planning and capacity- building the financial rèsources necessary to fully enact our mlsslon and objectives to the fullest extent posslble. We conducted a review mapping out like- minded funding partners who share our perspective centring the young person at the core of changemaking. We also begun to think about ways Phoenix is able to ethically monetise certain products and services and we are happy to be making good progress on this front, despite a challenging funding environment in the sector, in the period through Ist April 2023. As part of our push towards transparency, trustees and stakeholders begun receiving regular in-depth Information Packs updating everyone with the extensive work during that month and also keeping Trustees regularly appraised of our evolving financial position against the backdrop of our financial plannir)g. Fundlng We continue to receive essential funding from a number of charitable organisations. EDGE Jn£ln Ainslee Esmee Fairbairn FOUNDATION FOUNDATION ieadowbrook phf IIE I .1111[i,11 'i)11 Iicl<lt.ii)I I RAYMOND WILLIAMS FOUNDATION
Changemakers Lab The Changemakers Lab programme invites student activists aged 13 to18 from different backgrounds in the UK to work together to research, understand and articulate meaningful campaign5 for change in the education system, onhancing their skills and activism; empowering inspirational platforms, campaigns, and initiatives. The Changemakers Lab is certainly uniquè in its field, and we continue to finetune and build the Lab and its abilityto focus on feedback, learning, evaluation, and iteration. This. combined with its clear intent, makes us confident it will maintain its position as the preeminent programme empowering student activists in the UK. CHANGEMAKERS LAB Working with young people to tronsform the edvcation system Regular support in the form of one to ones, setting goals and priorities, building a shiny new centralised Changemakers website, creating reports and commission research were incorporated into a broader strategy. Moving forward the lab seeks to create a pipeline of changemakers from the primary school stage through explicitly defined strands such as the Changemakers Lab Fellowship, CML Collective Alumni Network and interventlDns and mainstream schools through cross-cutting strands concerning socio-eeonomie Justice, equityi and prioritising mèntal wellbeing. As ever, the campaigns stream thernselves, whether they focus on anti-racism and racial justice refugee rights, LGBTQIA+ rights. or climate justice, are always bottom up and initiated by the young people, with Phoenix supporting the growth and maturity of the campaigns i nto solid a nd sustainable in itiatives, During this period, Phoenix supported one of the flagship campaigns emanating from the Lab, Not a Trend, in securing their own funding. This is part of the broader evolution of the Changemakers Lab's strategy which shifted to ensuring the campaigns we support arè sustainable in their own right and not reliant on Phoenix funding or support for stability NOT A TREND ANri-RACiSM IS Throughout this period, The Changemakers Lab watched the landscape of student protest closely, in order to position itself as a support network for students wanting to enact meaningful and positive change within the education system.
Freedom to Learn The Freedom to Learn network aims to facilitate connections between anyone who would like to see a more rlghts-respectlng approach to education in the UK by supporting people and organisations who are working towards a fairer and freer education system, both within and outside c)f mainstream schooling. Freedom to Learn also explicitly defined a new strategy after consultation with the Board of Trustees and in light of the current landscape of our Network and appraisal of past activity. In line with The Phoenix Education Trust's aim to be seen as a leading forward-thirnking education charity in the UK, we begun to explicitly position Freedom to Learn as the go to resource for self-directed and consent-based education in the UK. F2L supports a growing Facebook Community of 2200 followers and the F2L UK Network group has 1400 members. During this period, Freedom to Learn begun broadening its focus within the area of demo¢ratic and self-directed education to begin to more actively include mainstream educators, young people in mainstream education, early years provision, higher education, and home educators. Most of this will of course involve an initial time investment through the work kicked off signposting new groups to widen the Network and supporting existing networks through projects such as the Learning Communities Allianc•. Due to the significant impact Freedom to Learn has had on the learning communities movement, we begun investing more energy into this area by implementing regular and popular monthly community meetings to develop a self regulation framework collectively and from the ground up. With our community, we begun developing a training programme for learnlng communltles and a framework for supporting learnlng communities to have some sort of standardisation in key areas such as safeguardingg human resour¢es, and fundraising that will ensure greater impact and sustainability. We also significantly ramped up our role acting as an Asset Lockfor new learning communitieswishing to register as CommunitLlnterest Com anies. The Freedom to Learn Dlrectory whlch maps out individuals, schools and organisations that practise or support the principles of Freedom to Learn across the UK was updated and revamped, and remains the go-to resource for this provision nationally that allows young people the freedom to create, to be, to think, to become, to be accepted. We are more effective when we are connected, and Freedom to Learn continues to play a pivotal role in ensuring our communities are unified and connected throughout the UK. *FumiÈi & Ed•n
Freedom to Learn Forum The Freedom to Learn Forum is an annual event for children, parents, educators, and other pioneers to gather, get inspired, and envision what a fairer, freer more sociocratic education and society may look like in practice. It is the most hlgh-profile and vislble evént organised by Freedom to Leam. The 2022 forum was uniquely held in partnership with the Summerhill Festival of Childhood which united over 900 participants from more than 20 countries around equalityp individualityi free playi imagination. creativity, self-discoveryi wellbeing* democracy and community to celebrate100 years of Summerhill School. We were grateful to Henry Redhead, a Phoenix Guardian Member, and the entireteam at Summerhill School for hosting us and others and providing us with a warm space to share best practise and showcase what makes Phoenix so unique. Freedom to Learn once again offered an open space techntslogy platform, where anyone could propose and host an event. We created a timetable board, which was displayed at the front of the tent, so participants could add their events to the schedule. The programme was full and, in fact, we had to remove some of the events that had been planned in order to make room, The central stage at the Forum was mostly used byyoung people to create and perform a play. This formed part of an evening of cabaret entirely programmed by the young people at the festival. On the last night of the festival a group of young people from the Freedom to Learn Network invited all the young people tojoin them for a big sleepover in the Freedom to Learn tent which proved extremely popular and summed up the Freedom to Learn Forum's approach to engaging with, and centring, young people throughout all aspects of our work. REEDO LEAR iI)RUM 2U2.
rhe periocl 7st April 2022 to 37st March 2023 built significantly on to the preceding period's groundwork and cemented our focus as an organisc7tion. At every single level, we reassessed our purpose and intent. We challenged ourselves und begun a tough process of reconfiguring the way we work. With an active and engaged board of trustees, reflecting a diverse society, we are looking forword to inviting moreyoung people to the board cynd working with children andyoung people on the creation of the youth advisory board. Building on the successes of this period, Freedom to Learn aims to broaden its focus within the areo of sociocratic and self-directed education to begin more actively include mainstream educators, young people in mainstream education, earlyyears provision, higher education, and home educators. Through the continued and valued support of our partners Meadowbrook TrList and Joon Ainslie Charitable Trust, we were again able to provide significant finonciol support for our Network and attendees to the F2L forum who otherwise would not be able to make it,. increasing financial accessibility continues to be a key focus for Freedom to Learn specificolly and the Trust more broadly. Within the broader Phoenix strategy signed off during this period, the Changemoker's Lab's explicit mandate is to have spun out multiple strong regional and national campaigns for change in the education system within the next 5years, widening cynd amplifying the reach, network, ond exposure ofthese campaigns, c7nd ultimately beginning to influence policy. Following the fontastic work curried out during this period, Phoenix's vision is to build on the foundations of resilience established ond furtherstrengthen the Trust's finoncial robustness for a future supporting even more young people to access the rights respecting education they deserve. As we near our 25-yeor anniversary, this period will stand out as the year we begun to shape the work of Phoenix over the next 25year&
TEAM We were delighted to hire Siana Bangura as the permanent Head of The Changemakers Lab, and their ingenious contributions have been invaluable to the progress made. We were also able to secure Artemis Bear permanently heading up the Freedom to Learn network, and we are honored lo have one of the most preeminent and sharp leaders in innovative education nationally leadlng our strategy and work on the ground to promote human-centred, rights- respecting, consent-based practise in education in the UK. In terms of new hires, we brought on the invaluable Helen Smith McGuire as Senior Coordinator whose extensive experience and administrative prowess completely transformed the flow of information and interconnectivity of the Trusi, allowing us to operate more nimbly. We were also delighted to commence a strategic partnership with the University of Exeter which has allowed us the ability to bring on regular paid Interns beginning their careers, and Ihe feedback from them has been wonderful. Staff Team Justin Maroy. Chief Executive Officer Siana Bangura, Head of Ihe Changemakers Lab, Artemis Bear, Head of Freedom to Learn Helen Smith McGuire, Senior cOrdInator, since October 2022 Board of Trustees Rachel Roberts (Co-chair), Sophie Lovett (Co-chair), Jessica Gribble (Company Secretary), Thea Pilkian-strachan, Abi Knipe, Catherine Starkey and Ava James, (observing since Jan 2023, to be formally appointed at AGM). Guardian Members Guardian members from 2022-23: Alice Astor, Amanda Bellamy, Kai'a Bellamy, Josh Fein-Brown, Jessica Gribble, Laura Quick, Henry Redhead, Anil Sarna, Rowan Salim, Lena Kraus, Rachel Roberts Volunteers Trustees would like to say a big thank you to all our volunteers during 2022-23, particularly Phoenix's Guardian Members and the team of volunteers who helped facilitate the Freedom to Learn Forum
TH8 PHOEblIX EDUCATION TRUST PAGE 22 TRUSTEES. RESPONS]BILITIES STATENiwf FOR THE YEAR ENDED 31ST MARCH 2023 The tru&{ (who 81so dir&%ots of The Pho#]ix Edutatioll Trn&i ftsr the PtsTptsses of Mp)Y lawl a Ttsptsnsibltt fotprwting th¢ bustcr8' th¢ fill¢101 StatemtI in anCe with applt¢ablc low Unitol Kihgdom Ae£%)thllitsg St4tthÈ (Unltal Kingdom Gthetally Atcepted PMcLltel. CotllP8ny and ¢hwity lllw ryuites the ttuste£s to PfePgr¢ fingnci81 stslwn¢nl$ for each fin8rLcial yearwhich give a twe and hirvsew of the Atth of ttff8iTS of the th&ritsblc (Tr]npany knd of th¢ inwming Tesourets bnd bpplit4tion of Ytsourtrts. lddIng the inwmtt ¥nd expdIfUl} of The thar11¢ coillpany for that ptttod. Jn preparing these final91 St¢$. th¢ are t¢4uIr to.. Se] Bultable Dtxi)unting polieifs and then apply Ihtm cgnsixtrAJIIy' obsewe Ihe m&hod& amd principles in the Choriiies SORP. rn¢ jUdgUnt¥ estimates thfjt ar¢ reasonable and pnthit,. stste Whet1 appjicable UK cOUnting standards have be£n followed, to majaI dq)artutes di$dosed and &xplained in the fin8¢1&1 siatemeis. ptqwe the 8tAtnt& on the going eoncrfn bgsis lesS it is inAppropiiate to presume tb8t the ¢hOTitHbl¢ company will rA)ntinue in OPBTrtion. Th¢ tm81tts gic responsiblc forkceping adequatc ae¢ounting rewTds disdo8e with r¢480nthlc acwtw ot rny tim¢ the 6nan¢i81 position of the thHritsble Pd bI¢ lo Ihlll the fil141 silltemts eomply with the Cornp8nits Att 2006. They are fy180 Ytslpottsiblc for safegu8sding the &ssets of the Chilable ¢ompBtty gjjd for ts&in8 Teasonablesteps for ihe Prevethtion dde£tion of frnud othtr iTregularities. The knJsie£s Ale sponSible for the mteA&tr ifttegriiy octhe dle#ble company artd financial infonnatiort inclttdgj on the chgjytys websit& This TCPOrt h&8 pr¢P in with th¢ 5puxal ptDvision$ Tdding to srn811 ry>mpaniG5 Within Part 15 of the Comp*ie6 Act 2006. This Twrt was approved by th¢ tNsttts vn 2nd siglled 0]) their behdf, by.. J QRIBBI COMPANY SECRETARY
THE PHOBNIX EDUCATION TRUST
PAGE 23
4DEPENDEbrr EXAMINER'S REPORT TO THB TRUSTEES OF THB PHOENIX EDUCAT]ON TRUST
FOR THE EblDED 31ST MARCH 2023
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THE PHOBNIX EDUCATION TRUST PAOE 24 STATBMENT OF FNANCIAL ACTtWTtES FOR THE YEAR ENDED 31ST MARCH 2023 untvtrlrl1 Rth¢tsJ Fundi Funds Total 2022 Nots ltttomt Dotsaiions. legaLXts & Simil ItMe Donationy Gt& RLYiv&ble Jnwcst reeuvable Othez iDcom¢ 36 26.(K)O 461 26,0 216 4,757 31.434 216 4,757 5,074 Totsi 26,360 Kipenditure ChatitAble expendiDJre Tot1 Exptndlture {txpthdltureyITr£Dll Det movanent ITL for theyeAr 47,575 47,575 47,575 47,575 5.IY14 (21,215) (1&141) Totsl fimds btt>ug&t forw& Totsl funds carrled fDrp4rd 12,589 17,663 46,049 24,834 58,638 42,497 UnN¥trtctLYl Rtcted Fundi Funds Tothl 2021 PRIOR YEAR Donotions. leBa(ies JL Simil1t0me Donlon$ GtwtB Rrivjble Inttrtsl Jxeivable 515 753 20,000 1.268 20.000 Totsl Jntome S18 20.7S3 21.271 Expthditurt Charitable expendituR Tothl Rxpendlthre {txptndlthreylncomt net ]w)Vtllt funds lortht ytAr b¢tWe fimos 175 49,990 49,990 50,16S 50,165 175 343 241 {29,7) Q8,894) (241} Total funds btDught fonwad 12.005 75,527 87,532 Tot•1 funds cathed fornalll 12.589 24.594 46.049 121.576 58,638 58,638 Total fundJ cinled forwinl The Chatity ha& YtL¥>pJised g8in5 8nd los$ oth•T thsn the KultS forthe puiDd 46 Eet oul above. All of the Chity'S aciivilies ¥R ¢]sl 85 L¥)ntinuillg.
rH8 PHOENIX EDUCATJON TRUST PAGE 25 BALANCE SHEE[ AS AT 31ST MARCH 2023 Rwtated 2022 2023 Nolt CURRKNT ASSETS Cgsh at bank and in Debtots 49.561 74.488 E87 Totsl Cyry¢nt Ats 49,561 74,675 LJABILITIES knounts fallÉng duewidun one yt4r 16,037 NET CURRENT ASSETS 42,497 58,638 THE FUNDS OF THE CHARITY unTt6trlCt income licstsicted fvnds 17,663 24,834 42,497 J2.589 46.(WJ 58.6J8 TOTAL CHARITY FUNDS Th¢ thwilthle ComiY Ik etttitld io ¢x¢mplion from wjdir utth S&Lion 477 vf th¢ Cornpani6s Act 2(N)6 forthe yetr 318t 2023. The TtuÉttr h&ve not tryulTl the thtrrit¥ble CoMY 10 obtasn Bn audit of its finanuai sI&¢MeI¥ ftrr thc ye4r dl 3151 Matt 2023 in with s10n 476 ofthe Co1{¥ Ad 20(kS. ThttTnLSte&% thowlalgc Ih¢ir respoNibilities for. {&) ajsuring that the dlitÉbIfj (x)mPY keeps xeoutttin8 rdS whith wmply wTth Stttions 386 gnd 387 of IhB comp1 Act 216 attd (bl pryBrinB fin¢la1 whith give a tnje bnd fwr vicw of th¢ slai¢ of affaits of the charilHble compaDy 81 the e]ul of eEth fin8DCi8] and ofit8 profil or 108s for&ch fiJJbn¢i81 yw in d0Ce with therquiremthti of Stdions 394 and 395 and whidi othuwise coinply th thc Tqu1[DCals of the co[nleS Acl 2006 td¥tiuB to finBn¢iai 8t¢Jnents, so 8pplicble 10 the ¢]witsbl¢ wmp4Jy. The fJn8ncial $wernts have p]tpgRd in SC¢Dtdw with the prnviÈiortA Df PÈrt 15 of the Companies Act 26 Sting to Small wmpmi&8. The finmciai Sta)ts ttPPTovuI by th¢ on ...............................................aTrd were s>gn&J by. J Gribble (fTUStf4 Coinpany Scjmaryl
THB PHOENIX EDUCATION TRUST PAGB 26 NOTEI TO THE FINANCIAL STAIEMENrs FOR THE YBAK ENDED 31ST MARCH 2023 ACCOUNf]NC POLICIES } SAsli of preparAtiott of TrlhAheil Sl#temeFJts The finaDc4] $lAtemrnls bav¢ prepa] in accotth)cewith tbe ALu>untitt8 Reporting by ChIti<8.. St8tement of RecoillMued Prs¢tiLf'. 8pplii¥bl¢ 10 charitiC8 prep9rring their )UThts in ordte with thc FinBncial Reporting Standtrd in the utili Kingdom Bnd Republic of Ir¢l2nd (FRS 102) {Snd alilionl issued Ouobu 2019 (effeLtiv¢ l J8nEWy 20191 {Ch&itits SORP FRS 1021, the FinanGi2J R¢porting st[d BpplicHblt in the UK and Rcpublic of Irdpnd (FRS 1021 the Compgmies Act 2(M>6. The thwity haq tsktn tIvlage of eatain exernptiOllY llVrtilabl¢ to stDg11 ¢harfi% including tb¢ oxemption to produce a stOt¢mtst of Cthfiows. b) DDntion4 grants irtd Similar inwTll¢ IX)nations and similar illeome are inc[ud in the yew ill whith Ihty AreT#fiVAbl< vjbid) Is when th4 Chgrfty bx¥)mc8 entitled to th¢ inwme thu¢ is r&sonabl¢ $et of tettipl. Ot9llts have beto indudtsl t& incorne frorn KtiVIti ill of the Chatitys (bjccls where the%¢ &Kount lo a ntt forstrriee8, but t6 donation8 WtK¥t the mollty is giv itl Trspo] to an appd or with gr£Bttt fr¢10M of USE. c) RttDKnlllon find Allo(•don of expendltsre All PdilUre is 8ccounleil foi OTh an kn5is and is mgni$¢yJ Whe Iheje 1$ a legal or cons{ThLIve obli8atio IO PAY for eXpltI% AJI costs have beth) cl&ssifiql und¢T headings that aggTegate a]1 wsrs Te]ated to ihe ¢4egory. WKre costs cannot be directly atirilhited to partiLlarheadings, Ihry hBve all beth alloGBted to aclivitics on basis consist¢n¢ with the use of the rtsourtts or bas on estimats of the lime sptht ots thos¢ adivities. d) Fund AeLyJunllng Funds held by Iht ChIlY arc cilher. - Ullteslri¢td funds- thue 8t¢ fiu]d8 whicb can b¢ used with the chwiiable obje£ts at tbe ditiOn of tl - Dtsigll&tL¥i fid5- tht8e 8te asde by th¢ Trusieu 0( of unxstticied 8¢nd tt(L4 or SfiC fu¢utc PllTPOS¢S orprnje&ts. lli¢ u5¢ of fimds for thardesied purp08ewill renJAin the discrtion of the Tttxst¢ts. Resthcted fvnd$- thtstt ate thnds thèt only bB used for PArtiCUl restricted purp05fS within the obj¢cts of the Chatity. ktstriLtions DTise when spccified by th¢ donar or fvn08 Tais¢d forp¥rtillf Ksiricied purpose. Furthw trApIallOn efthe n&uJT 8nd pU0ge of eèth fijttd is induded in theNoteÈ to the Fill181 Statn. 2 GRANTS RECKIVABLE Tot*1 Funds UnMtrf¢ted Restrltt>l 21123 Funds P6 Totsi Fundi 21122 Unr#trict Rf4ttlrtfd Fthnd$ Funds The Methwbmk Tt Edge Fotsndaiion Paul 15amlyn Foundation JACT Donation 6,IK)O 10.000 10.(XM) 20.wo 20.(h)O 10.000 26.000 10,ODO 26.IKJO 20,000 20.1)00 The Tnlsi wishes 10 expresÈ it8 8pprerialii)ti its the ibovekndit& for their fi[wl[ support.
THE PHOENLK EDUCATION IRUST PAGE 27 NOTES TO THE FINANCJPL STATEMEwrs FOR THB Y]£AR ENDED 31ST MARCH 2023 STAFF COSTS Ng r¢mwthtion w85 Paid to w of th¢ Trnsttts in th¢ ytw. Bxpcnse lotolling £Nil (2022.. £Nill wtte reimbursed 10 them itt yeat. No membu ofstsff mived rnurjudiott £60.0(K). The stsff costs w¢[ Total 2023 Total 2022 Wdges salldg PS10Th8 28,066 23,207 558 28.509 23,765 The aveTa8¢ we&ly nwnbrxof staff employed by the Charity during the yr Wf6 2 (2022.. 2). The kvj mknage]ntht petsonttd of the Chwity wrnprkst of th¢ TTh5ttts who ar¢ not rununerth. CHARtTABLE EXPEF4DITURE UDrutrtctttl Rulrt¢ted Funds Funds Tothi ilnttstrtcted Rtstrltted 2023 Fund8 Totsl 2022 Publiuty events TNv¢l bUaneS & Wagts and salieg Compiila5 ad soflwste Support (x>st8 I not¢ 61 I.SS0 1.550 284 1,259 23,765 690 23.992 49,990 .259 23,765 690 24.167 50,165 28,509 595 15,794 47,575 28,509 595 15.794 47,575 175 175 SUPPORT COSTS Unrejlrlthl Re8trl¢tal Fund$ Funds Total 2023 Unre41Acted Rtstrlcttyj Furtd Total 2022 CorJfaJ(* thstB Accountancy and yymll Subs and rtgisltstion fets 925 1,674 992 823 72 1,532 9.704 925 1.674 992 ,577 180 653 98 264 20.92 300 1.577 180 653 98 264 20.920 300 175 Bank chw &MI intarst Wfbsile costs Consultants TrwninB Sunthy eXpSe 72 1.532 9.704 72 15,79 72 175 15,794 175 23,992 24.167
171E PHOBNtX EDUCATION TRUST PAGE 28 NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 3JST MARCH 2023 DEBTOILS Totsl 2023 2022 Pryaymthts 187 LJABILITIES Restt Total 2022 Toi41 2023 Pa>ryoll AcC81S Alld defttr&l 5,216 1,848 7.064 3,9J7 iiioo 16,037 TJNRESTIUCTBD FUNDS Total 2023 Tol81 2022 Baltr of un$Lat Cknilable Funds 17.663 11589 RESTiucfED FUF4EA8 - Curr¢nt yelr Balance at 31 MArcJk 2023 l Aprti 2022 Income Exptndlmrn Tr#ngfet¥ Paul Hlyn FouDdation Fund ThB MeJdowbTh)Dk Th]st Edge FoundatioTh Oiherg (FTeedom to Le & R Williams} Jo8u Aitssli 35.504 135.5041 12.500) 12.500} 6,000 iO,(K)O 360 io,000 26.360 I 1.940 7,500 813 4.581 24,834 453 1,652 46,049 17.071) 147.575) prtorytr B•l&ntr at l April 31 Mrth 2022 com¢ XxpèDdliurÈ TrMD$fers Paul Hamlyjj Fouodion Fund 17 Meadowbnwk Tnl Prevo Trnsl Oih&3 tFtttsio]n lo LEarD & R WslliBDJ81 Joan Ainslie 64,568 8.440 20,000 149,064) 35.504 &440 (24ll 753 (300) 1626} (49,990} 453 1.652 46.049 2.278 75.527 20.753 P411 hthln fulld nzmp4 PUe And ttl¢tIOnS To prDvidc txavoj bwsari&% to Saods School, Potk Sthool. Slud#)I Voi¢ and other It1vidUal5 to develop undeTStBnding ofdrmo(YdliC erfu¢10 TD sthpport th¢ proj#t Change Mbkthg Lab.. Ikvejoping Agency Ignitin8 Activisn), Buildin8 Comiiiuniti¢s. For trtWDrk research broad¢r orggniwional devdopmcnt. To tnhw]ce the inclusivity thd diversity of with the Frnlom to Learn Netwo Pwl HaTnlw) Found&tioTh Fund Prevo Ttu6t Joan Ain81i¢ The gt8 MAY only Lx used for the puypose and mty not be to any otherpllTpose without PTior writlth Approval ftDrn Ih¢Btanl providus. IHB PHOBNIX EDUCATION TRUST PACE 29 NOT TO THE F]NANCIAL STATBMBNTS FOR THE YEAR ENDED 318T MARCH 2023 IIL RKSTATEMENT OF 2012 COMPARATIVKS Th¢2022 ¢ompaTPtiv&y hw¢ bE¢n [r*tal to ptEsent dckntd incom¢ on A gtoss b18 rthrx than tt of cUttt as8dÉ.
POLICIES The development and implementation of policies and procedures to mitigate and, or, address risks and uncertainties is something that is ongoing with this trust. During this period this has included a comprehensive review of Phoenix Education's safeguardlng procedures including digital imagery. Other policies that are now in place, to be reviewed annually, include: Whlstleblowlng Pollcy Modern Slavery Pollcy Photograph Permlssion Procedure Social Media Policy Complaints Policy and Procedurè Child Protection Policy Codes of Conduct for Trustees and Guardian Members To be approved by the Board of Trustees Equality and Div•rslty Policy Freedom of Speech Pollcy Reserves Pollcy The trustees believe that the charity should hold financial reserves in order to enable it to maintain its services in the event of temporary funding shortfalls, to invest in innovations and improvements. and to meet its contractual commitments. Unrestricted funds and liabilities are reviewed quarterly at trustee meetings and via regular in-depth Information Packs keeping Trustees regularly appraised of our evolving financial position against the backdrop of our financial planning. PHGJENIX EDUCATION
DONATE Every gift is important, Phoenix Education continues to thank our supporters. Whether a one-off donation or a regular gift, we dearly appreciate the support from you. Please contact us at info@phoenixeducation.co.uk to set up a gift with Phoenix Education, or if you are an organisation wishing to support our work. Your gift helpsyoung people around the countryto genuinely and impactfully activate student voice, allowing us to collaborate with young people, teachers, senior leadership, and whole communities, With your support young people can spend more of their time in school reflecting on and recreating their educational experience, their school structures and having a more engaging learning experience; genuinely using their voice to create change in their school and wider community; working with senior staff, teachers and peers in an equitable and mutually-respectful manner. The Trust champions principles of democracy, agency, and collaboration and as little as £10 a month can help usto be responsive to the needs of the young people we serve and support, and we in turn depend upon the generosity and support of those who share our passion for innovation and change in the education system which places theyoung person at the very centre. PHG)ENIX EDUCATION www.phoenixeducation.co.uk info@phoenixeducatlon.co.uk
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