Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Gfied Orgonlsallon ikniled Annval ReP￿t and Finoncial Slafemenls F￿ the Year Ended 31 March 2021 Company limiled by guoronlee registered No: 0&18CQ63 Charity No: 1151327 Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Gilled 0rgon15alion Llmited Compony limited by gualontee number 0838(M)63 Chathy no. 1151327 Annual Report and Financlol Stalements fot the year ended 31 March 2021 Conlenls Page Legal ond Adminislrative InformotK)n Trustees Report Independent Examiner Report 10 Slalemenl of Financial Activities Summary Income ond Expenditvre 12 Balance Sheel 13 Slatemenl of Cash flow5 14 Notes fonning part of the financial slatemÈnts 15 Detailed Statement of Financial ActNilies Poge I Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Gifted Organi5alion Llmiled Company Limlled by guarantee nvmber 08380￿ Chority no. 1151327 Annvol Report and Finonclal Statements for the yeor ended 31 March 2021 Company Reglstrolion Number. Charfly No: 151327 Board of TTUStees: Chelno Mvrphy Daniel Gordon Andrew Murphy Louisa Lawes Jonito Coshmore Felicity Dace Regtstered Offke: 7 Ingrom House Flocxl Churchgate Cheshunt. Waltham Cross Hertfordshire EN8 9NH Secretary: Aysho Julie Bankers: UnityTrust Bank Congress House 2&28 Greal Russell Streel London WCIB 3UB Poge 2 Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Glfted Qrganisallon Limlled Company limiled by guarantee numbef 083801M3 Chgiily no. 1151327 Annual Report and Financlal Stalements fot Ihe year erKled 31 March 2021 The Irustees. who ￿e also drect(N5 of the charity for the purFX)ses of the Companies Act 2￿6. present their report wth the financial statements of the chcwtky for the year ended 31 March 2021. These are also prepared lo meet the requirements for a direclors, report ond occounts for Companies Acl purposes. The financiol slolements have been prepored in accordonce wlh Accounting and Reporting by Charilies- Statement of Recommended Proctice applicable to charities preparÈng their accoun15 in accordance with the Financial Reporting Stondard opplicat4e in the UK and Republic of Irelond IFRS 1021 leffective l Jonuary 20151- (Charities SORP IFRS 10211. Ihe Financial Reporting stondord applicable in the UK and Republic of Ireland IFRS 1021 and Ihe Componies Act 2CK)6. Slructure. Govemance arKI Managemenl Gov nin Docum nt The Gifted is the marketing name of the registered charity The Gifted Organisation Limited, which is governed by ils memorondum and articles of ossociotion daled 291h Jonuary ￿73. The charity is a company fimiled by guorontee and ha5 no share copital. The liability of each member in the event of winding-vp is limited lo £10.11 was registered a5 a chartty on 2151 March 2013. Trustees and Mana ement The charity's articles of associalion require the apwinlment of not less than three tru5tee5. New Iruslees ore oppointed for o term of three year5 by invitation of existing trvslees. This is subject to election by existing ITuslees at a board meeting. On the 18th of Jonvary. Glenn Stewart and Mark Seguna slepped down as trustees. Andrew Murphy, Janita Cashmore, Lousio Lawes and Felicity Dace were nominated for appointment as Iru51ees and were voted in os Injstees. There are currently six trvstee5: Daniel G(xdon. Chetno Murphy. Andrew ￿l￿PhY. Janita Cashmore. Lousia Lawes and Felicity Dace. The Iruslees previousty delegated mony daY-lL￿aY operatK)nal matters including finance. business development. staffing. project management and admini51ralion lo Ihe Management Team. The Managemenl leam comprises of 3 dislincf pillars wilh clear defined accountabilities ond responsibilities: 118usiness and Stralegy- slrolegic vision and idenlificotion of growlh opportunities 21Portnership and Developmenl - securing new ond susloining exisling funding 31Operallons - smoolh running of Ihe operational and adminrstrotion aspec15 whilsl ensuring legal compliance and fulfilment of regulofory reqvwements Over the lost year due to the cu￿ent economic situ(rtron ond fundraFsing climote. The Gifted's trustees hove taken on a larger role in the Charity by managing the day lo day finances and becoming more involved in the hiring process in uder lo streomline costs. However. all major decisions are referred to the Iruslees by the Monogement Team . The Monogement Team reports to the board on The Gifted's activities. achievements and plans al regular board meetings. Tru recruilment inducfi n and Irainin Those wilh relevant skills, experience and experlise are efigible to become trustees, subject to references and approval by the board. Polential truslees are inviled to express their interest to the Operotions Manoger and Secretary who wll invite Ihem to meet Ihe boord before a decision of recruitmenl and appointment to the board is made. This is su￿"eCt to election by existing truslees at a boord meeting and Subject to election by charity members al the subsequent annual generol meeting. All new trustees are provided wilh o trustee induclion pock to a￿st them with the role Ihey are to provide. They also undertake an enhanced DBS check. Page 3 Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Gilted Organtsallon LimiTred Company limlled by guarantee nLfflibef 08380063 Chaiity no. 1151327 Annual Report and Financlal Stolements fot the year ended 31 March 2021 Risk Man ement The trustee5 have assessed Ihe mojor risks to which the chortly is exposed. and are satisfied that systems are in ploce to mitigale exposure lo the major risks. The following major risks have been identffied. obng wth Fyocesses to mitigale them: Risk Mitigant Safeguarding young people whilst in the Ca￿ of The Gifted staff Maintsining appropriate Insuran￿ covei Having poliues and procedures in place, induding health and safety, safeguarding and equal opportuntts.es Stsff induction includes a walkthrough of the Safeguarding process All staff and adutt volunteers undergo regular Disdt)sure and Baning Seri￿e Checks, Occasions when an adult is left alone with a child are minimised 2. Lack of consistent funding and core fijnding Grant ap￿1¢8t10ns submissions with stated target in action plan Pursuing addtlional income through Client work dening sources of fvnding from commissioned wo Online plattomi launched to diversfy income generation sources -Donation aCCeptsn￿ policy 3. Reputatsonal damage of accepting donalions from an i inappropriate source 4. Health and Safety of staff •Having appropriate wli¢ies and procedures in pla .Carrying out risk asSeSsm￿ts 5. Intemjption of services due i to an incident such as fire. I flood or p￿[ failure Vision. Mlsslon and Votues .Staff equipped to work from home and all documents stored Secureiy on a doud Our Vlsjon The Gifted's vision is t￿ children. Y(￿ng people and famli ies to lead heallhy ond happy lives. Our Mission Using discovery based interactive workshops and crealive projecls The Gifted educates and empowers children and young people about health. lrfestyle and wellbeing i55ue5 $0 that they are able to loke ownership of their heolth and the choices thot Ihey make. These activitie5 engoge young people by harnessing their enthusiasm and delivering them reol outcomes whilst equipping them with new skills and knO￿edge. Poge 4 Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Gllled Organlsallon LimHed Company Limiled by guarantee number 0838CMM3 Charity no. 1151327 Annual Report and Financlal Slalements for Ihe Ye￿ ended 31 March 2021 Educallon - yoviding access f(y all children. young K)eople and their families to education about a rang& of issues Aspirallons - helping to raise aspwafion5 through the wojects delivered. encouraging Ihem to ftjifil their potential and believe in Ihemselves. Communicalion - enabling unheard voices lo be heord Diversity - enabling children and young people to fulfil th&r potential regardless of Iheir backgrounds. free from ryejudice and honn Our Aims The Gifted works with children. young people ond their families. wlh focus on those who are disadvonlaged andl(y vulnerable and Ihose who have been affected by disadvantage to educale and emF)ower them akxxjl health ond wellbeing. The Gifted is able to work with partiCiFKJnts to improve ther resilience. confidence ond skills. and to roise aspirations. The Gifted has three core areas of focu5: IM￿0ving Skills. Providing Accessible Education on Health Issues., and Roising Aspirolions. l. IM￿0ving Skills Building partiapants transferable skills such as wqect plonning. thinking crealivety. applying information. communicotion and leam worknng that can be used in education and employment Give participonts the Opp(￿runIty to w(xk towards recognised accreditations Provide participants wlh on experiential leoming experience: lo enable learning through d(xng 2. Providing Accessible Educotion Creote peer education lools and resources that are relevant ond infiNmative for Ihe hardesl to reach groups Provide porticipants with positNe octNities and volvable education. empowering them wilh knowledge about lifestyle issues to allow positive choices Support porticipanl's mentol wellbeing. ond help to prevent menlal ill health Provide a safe, confidential and noTriudgmental place for participants to express Ihem5elves, discuss issues. ond have the￿ questions onswered 3. Raising Aspirotions Encouroge participants to be more ambitious. determined and conscientious members of Iheir community by involving Ihem in meaningful activities that improves Iheir confidence and skills Enable participonts lo have theiT V(ices ond opinions heord. and provide support to help Ihèm to address difficulties and overcome barriers The trustees are satisfied that the charilable company has ochieved its obieclives in the year under review. Page 5 Docusign EnvÈlope ID". 9C798E41-CD6C4FFF-B55&108C23E041EA The Glfled Organisalion Llmiled Company Llmlled by guarantee number 08380063 Charfty no. 1151327 Annual Report and Flnanclal Stalements f¢x Ihe year erKled 31 PAarch 2021 Achlevements and perfomiance Over the past 12 months The Gifted has wcKked wilh 258 children and young people across its progrommes. Whilst this 15 slightly lower than the previous year. it 15 0 great achievement in light of COVID- 19 and the difficult position the orgonisalion foced in pivoting its programmes online. while furloughing some members of its core delivery leom for o shorl time. We provided a variely of Kyogammes including: confidence building courses. 1-2-1 mentoring, croft and creative tyojects. online training f(y young women to slort ther own business. We deliver these unique programmes in schools. oltemative edvco*ion settings. women's refuges. online and anywhere else thal needs us! We provide an outreach service that meets young r)eople where they ore mosl comfortoble. 58% of the young people we work wth hove low educational altainment. 46% werè not in education. Sroining or employment. 32% had o menlal health issue. 28% were known to be involved in substance misuse, 9% had bèen excluded from school. We wc*k in ore05 in the top 20% most deprived in the Indices of Multiple Deprivalion. The young people we work wth often lack family 5UPPOrt. They have exlremely low self-esteem and do not hove the skills they need to access opportunities in education or training. The Grfted measure5 ils impad by tracking the number of children and young people Ihat gain an accredited oward. take parl inlcom￿ete out txwammes and by using The Gifted Slarf - a guided self- assessmenl tool thol trocks impacl ond measures the progress of young people. They report on the impact the project has had on eight key aspects of their lives which include harm. health, relationships. coping wth problems. their future. supput, engoging. skills and experiences. Using Gifled Star the percentage of young people repc*ting improvemenls in key oreas was as follows: fijlvre 82%, engaging 76%. relationships 76%. coping 71%. health 66%. suppcyt 61%. harm 6Q%. identity 58%. Participants ore asked for qualilative feedback either through inlerviews. conversations or forms to understand how the project has impocled Ihem. We stoy in contacl with young people after they have completed Fyogrammes and they are offered the Opt￿￿tunity to volunteer or lake part in work experience wilh us. This yeor, Ihrough the Butterfly wogramme we hove worked wth 190 young women oged 11-25 who have personal and sociol complex needs. The Bvtterfly enables them to leam new skills. grow in confidence and raise their asptralions to SUPF)Ort them in overcoming barriers and participote fully in society paving the way for them lo become resilienl. healthy and capable adult5. Our beneficiaries hod experienced disodvanlage in tems ol poverty. FXXX health. crime. housing, employment andlor education. as a result they hove low aspirations and are likely to have low educational allainmenl. They lacked the necessary setf-esteem. self