2021-07-31-accounts

CONTENTS		PAGE
Trustees annual report
Independent examiner's	report
Receipts and payments	account
Statement ofassets and	liabilities
Notes to the accounts

	TRUSTEES AhlNUAL REPORT (continued) YEAR ENDED 31JULY 2021	TRUSTEES AhlNUAL REPORT (continued) YEAR ENDED 31JULY 2021
	Names and addresses ofadvisers (Optional information)
	Type of Name	Address
	adviser
Name ofchief executive or		names ofsenior staff members (Optional information)
	~ e	~ ~
Description ofthe charity'e		trusts
	Type ofgoverning document	Constitution
	How the charity is constituted	Trust
	Trustee selection methods	Appointed by consensus
Additional governance issues (Optional information)
You may choose to include add(ttonal information, where relevant, about:		The Chair oftrustees with the support ofthe board oftrustees continues to carry out an induction programme for all new Trustees prior to their appointment and during their time with the Trust, All Trustee appointments are reviewed at the end oftheir 3year tenure as required
~	policies and procedures	by the Governing Document.
	adopted for the induction
	and training oftrustees;	Trustee meetings are held 3monthly with video link facilities where
~	the charily's organisational structure and any wider network with which the charity works;	locations allow for this. Detailed minutes are produced within 2weeks of Trustee meegngs. Due to the Covid-19 mstrictions, the meetings held in September and December of2020 and March and June of202'l were held virtually using the MS Teams facility. These meetings proved to be so successful that the board decided to hold all meetings in this fashion
~	relationship with any related parties;	apart from one physical meeting per year which wpuld be considered AGM.	an
~	trustees' consideration of major risks and the system and procedures to manage them.	Financial risk is reduced by the establishment ofa minimum balance of 920,000.Any short term reductions below this figure require Board approval. There were no approvals granted during this reporting year.

Summary ofthe objects charity set out in its governing document	Summary ofthe objects charity set out in its governing document	Summary ofthe objects charity set out in its governing document	ofthe	Toact asa resource for young people up tothe age of30who are current Learners, graduates or apprentices atthe Motivational Preparation College for Training (MPCT) by providing advice and assistance and organising programmes ofphysical, educational and
				other activities as a means of;
				Advancing in life and helping young people by developing their
				skills, capacities and capabilities to enable them to participate in
				society as independent, mature and responsible individuals;
				Advancing education;
				Relieving financial hardship;
				Relieving unemployment;
				Providing recreational and leisure-time activity in the interests of
				social welfare for people living in the area ofbenefit who have
				need by reason oftheir youth, age, infirmity or disability, poverty
				or social and/or econoinic circumstances, This is with a view to
				improving the conditions and the life ofsuch a person.
Suminary ofthe main activities undertaken forthe public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard tothe guidance issued by the Charity Commission on public benefit)				The Motivation & I earning Trust (MLT) has continued to engage in a significant fundraising strategy in order to ensure solvency and offer support to those who are entitled toaccess grants under the constitution ofthe charity. Relief ofhardship and improvements in Learner mental health are now a major focus, especially as the effects ofthe Covid restrictions become apparent. For a large part ofthe reporting period these restrictions have severely curtailed fundraising activities. However, regular donations and some fundraising from MPCT Staff has ensured that the charity has not suffered financial hardship.
				Unfortunately the MLT Gala Dinner was cancelled due to restrictions.
				However, the joint MLT/RICOH Golf Day was rescheduled and took place on 29 July 21 at the end ofthe reporting period.
				A grant ofS2,400to allow Learner participation in sailing events was
				made during the period, Restffictions eased sufficiently to allow an event
				totake place in July 21 where Learners and staff undertook a Sailing
				course with Island Trust Sailboats out ofPlymouth. Future sailing events
				are planned,
				In addition to the government's strategy of providing ITsupport to allow classes to be held online, our charity donated 225,000 towards IVIPCT's
				tNo one gets left behind" campaign to purchase Laptops for use by
				Learners who, for whatever reason, did not qualify for government
				support.
				As the number ofMPCT Colleges and Learner numbers continue to
				increase, we have endeavoured to encourage individual colleges to raise
				funds at local level. This strategy was proving successful until the COVID
				restrictions were implemented. The Chair and other trustees have,
				where possible, visited many ofthese colleges during the reporting year
				to recognise and reward fundraising efforts at local level.
				The MLT has made grants to young people in crisis where need has
				beenbothevidentandu ent. Inadditiontothis thechari has

	YEA	R ENDED 31	JUI Y2!02	1
				Year Ended	Year Ended
				31July 21	31	July 20
		6		6		6
		Unrestricted	Reso.icted	Total		Tots I
Receipts
Donations		9,329		9!329		18,399
Loan repaid		1,349		. 1,349
Charity Event	Income	2,200		2,200		16,523
Fundralslng Income		10,712		10,712	23,982
Bank Interest						1
Total receipts		23,590		~23590	58,906
Payments
Grants payable		23,360		23,360	19,074
Loan payable		1,349		1,349
Charity events	costs	10,421		10,421		3,554
Fundraising Costs		455		455		474
Travel Expenses Accountancy Fees		193		193		1,075 1,140
Professional fees				216		216
Total payments				35,994	25532
Net increase l(decrease) in cash
forthe year		(12,404)		(12,404)	33,374
Transfers between funds
Cash funds brought	forward	61,334		6'l,334	27,960
Cash funds carded	forward	! 48930		48,930