Physics Partners Physics Partners Limited Chair's Report for the Year ended 31 August 2024 The choflty is governed by o Memorcndum and Article5 of Association ond was established in June 2007, changing its name to Physics Partners Ltd in November 2015. The purpose of the charity is to advance education by raising standards of teaching in schools, in particular the teaching of physics. This purpose 15 primarily met through delivering troining to those teaching physics, as well as to science technicians. In 2023-24, Phy3iC5 Portner5 provided over 3,200 hours of physics support to teachers, technicians, and students-a 40fo increase compared to the previous year. This growth reflects the charity's commilment to expanding its reach and impacl. A total of 163 training sessions were delivered, with ??% of participants rating the quality as "good" or excellent. The significant increase in support hours was driven by a locus on more student-centered activities, including a Birmirigham study day, a week-long Girls in STEM event in Brighton and Hove, and a competition for Year 12 pupils from state schools. Partnerships wilh Future First and the Oxford University Deportment of Physics provided contracted incoine, and so training income greatly increased this year. The Planet Possibility programme, a sub-contract from Future First, offered online sessions focusing on physics subject knowledge and coreer development for teachers, as well as supporting videos on thp Phy%ics Partnprs website. The Oxford Univprsity Dp.parlment of Physir.% c.ontract to deliver a short video competition for year 12 Students raised the charity's profile. with almost l QO schools entering. Physics Partners are vcry aware of the national shortage of physics teachers, with the Department for Education recruiting only 17% of its target for new physics teachers in recent ypars. Physic.s skills uiidprpin two mi15ion jobs ac.ross productive iridustries in the UK and Ireland. This year Physics Partners increased efforts to engage Initial Teacher Trainees and Early Career Teachers who are vital in addressing this shortfall, and continued to focus support on these groups. as well as the non-specialist teachers of physics. Thanks to funding from The Ironmonger's Foundation, Physics Portners focused on engaging schools in the Birmingham orea aller the pandemic caused o temporary disruption to our previou5 operations. A Study Day for 180 sixth-form students in Birmingham was followed by the launch of three new Physics Hubs. Attended by 26 teachers from 17 schools, these hubs are now delivering in-person training ond support, further strenglhening the network of physics educalors in the region. In advancing educalion in tliis woy, Ihe Irustees have complied with Iheir duly to hove due regard to the guidance provided by the Charily Commission on public benefit. Raising lunds to allow the Chority to carry oul its work remoins vilally important. In this context, donations l£l19,4381 wcrc broadly in linc wth those for the prcvious financial year 1£122,8721, although £34,840 of the amount donated during the reporting period were restricted fund5 (all of the donations in FY 22123 were unrestrictedl. All the funds raised result from Ihe generosity of both charitable foundations and individuals who have dcveloped an interest in. and a desire to support. the vital work carried out by Physics Partner5. Whilst Company Regislrotion: 06292894 Charity Registration Number.. 1125644 Registered Address.. 40rty Caversham Roud Business Centre,40 Caversham Road. Reading. RGI 7EB
Physics Pa rtners the current financial p051tion is broadly satisfactory, the trustees are in no doubt that enhanced and sustainaLe funding is necessary to secure the longer-term viabilily of the charity. as well as to widen its reach. The trustees ore oddressing this matter and wi15 continue to do so, The following served 05 trustees during the financial yeor and up to the date ol this report.. Isabelle Haigh, Mory Breen, Andrew Burton, Thomos Cookson, Winston Ginsberg, Matthew Ha161ey, Arpan Mehta, Emma Smart, Krysia Sosin and Richard Thomas. Isabelle Haigh c.ontinups as thp Chair nf Ihe Charily and during thp ypar Ric.hard Thomas succpeded Tommy C okson as Deputy Chair. Tommy remains active in 011 aspects of Ihe charity. Isabelle Haigh Chairman, Physics Partners 17111 October 2024 Company Regislrotion: 06292894 Charity Registration Number.. 1125644 Registered Address.. 4nrty Caversham Road Business Centre.40 Covershom Rood, Reading. RC.1 7EB
Physics Partners Ph SIC5 Partners Limited Charit No: 1125644 Statement of Financial Activities for the Com 31st Au an No: 06292894 ust 2024 12 Months ending 11812 ear endin Unrestricted funds Restricted Fund5 12 Months endin 118124 Income Donations and grants Trainin income Total 84,598 2,323 126, 21 34,840 119,438 42, 161,761 122,872 20,787 14 ,658 4,840 Expenditure Administration Buslness Development & Meetings Fundralsing Staff Costs & Expenses Training & Regional Coordination Trustees Website & IT Total 2,601 811 10,697 68,579 59,460 649 2,601 811 10,697 68,579 69,660 649 3,869 1,642 9,983 62,506 10,201 902 62 80 Net Income 3fft999 71849 Notes. 1. The accounts have been prepared in accordance with FRS102. 2. There were no material uncertanties about the charity's ability to continue. 3. Reimbursernent of reasonable out-of-pocket travel expenses incurred by trustees in the administration of the charity amounted to £705.56 Reimbursement is authorised by Clause 5.4 of the Charity's Memorandum; Trustee5 receiving sucli reimbursement were l Haigli £629.27 and E Smart £76.29. 4. There was one part-tirne statf member employed during the accounting year. The staff osts figure includes payment of expenses, as well as temporary contracted support. 5. Fees paid to the Independent Examiner were £225. Company Regislrotion- 06292894 Chaiily Registration Number.. 1125644 Registered Addre5s'. 40rty Coversham Road Business Cenlre.40 Covershom Road. Reoding. RGI 7EB
.Physics Partners Ph 51C5 Partner5 Limited Charity No: 1125644 Com an No: 062 Ba13nce Sheet as at 1Au ust 2024 12 months ending 1108 12024 12 rnonths ending 11081202 Current Assets Cash at Bankand in hand Debtors 91,845 87,846 620 Total current a55ets Current Liabillties Creditors. Amount falling due within 1 year 2,645 1,199 Total current liabilitie5 2,645 Total net assets Re5trlcted funds Unrestricted f unds Total charlt funds 29,915 61,17 5,276 For the year endliig 31 August 2024, the company was entitled to exemption from audit Under section 477 of the Companies Act 2006 relating to small cornpanies. The mcmbcrs havo not required the company to obtain an audit of Its accounts for the ycar In question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared In accordance wlth the provislons applicable to companies subject to the small companies, regime. Signed on behalf of the Board A J Burton Director - Physics Partners Limited Compony Regislrolion.. 06292894 Charity Registration Number.. 1125644 Registered Address: 40rty Caversham Road Business Centre,40 Cavershom Road, Reoding. RGI 7EB
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examlner's Report Report to the trusteesl memb•rs of ¥(1{ grfTWu1Z£ i I (VI / I l( Eu6-L Lt 4A On accounts for the ended Charity no (If any) Set out on pages I report to the 1rust0 on my eX8mInaQn of th6 accounts of tho above chartty ('the Tws¥'} for the year ended g i rf e<2 Rosponsibilttles and As the Chartty trustees of the Trust, you are responslble for the preparation basls of report of the accounts in accordanGe with the rbgquirements of the Ch8ntie8 A¢1 2011 ('Ihp Act.). I report In respect of my examinatlDn of the Trusys accounts carrled out under $8clion 145 of the 2011 Act and in Carrying oul my examinalion. I have followgd the aPIcable Dlr6Ctions givers by th8 Charity Commisslon under section 145{5)Ib) of the Act. I have completed my examlnats'on. I confirm Ihat no materlal matters have come to my attention in connection with the examination which gives me Cause to believe Ihat in, any materlal respect: accounting records wero not kepl in accordance with section 130 of Ihe Act or the accounts do not accord with the a¢xounllng records Independont examlner's ststemEnt I have no concerns and have com& across no other matters in connection th thc examination lo which altentlon should be drawn in order to enable a proper understanding of the accounts lo be reached. Ple8se d81ete 11?e rds in the brackets if they do not apply. Slgned: Dat8: 01 Name: Relevant professlonal qualmcatlon($) or body (If anyl; Fal Addrgss: IER October 2018
ection B Discloslirp. Only complete if th8 examlner needs to highllght matlers of concem (see CC32, Indopendent gxaminatlon of charity aoUnt$. directions and guidance for examiners). Glve hore brhf £taIlS of any Items that tha examln6r wish&6 to dlsclose. ER OGtober 2018