## ## ## ## ## |CONTENTS||PAGE| |---|---|---| |Trustees annual
report||| |Independent
examiner's|report|| |Receipts and payments|account|| |Statement ofassets and|liabilities|| |Notes to the accounts||| ## ## ## ## |TRUSTEES ANNUAL
REPORT (continued)
YEAR ENDED 31JULY 2022|TRUSTEES ANNUAL
REPORT (continued)
YEAR ENDED 31JULY 2022||| |---|---|---|---| |Names and addresses ofadvisers
(Optional
information)|||| |Type of
Name|Address||| |adviser|||| |Name ofchief executive or names ofsenior staff members
(Optional
information)|||| |~
s|~ ~
0
0||| |Description ofthe charity's 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
additional
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 3-year tenure as required||| |~
policies and procedures|by the Governing
Document.||| |adopted for the induction|||| |and training
oftrustees;|Trustee meetings
are held 3 monthly
with video Ifnk facilities|where|| |the charity's
organisational
structure
and any wider|locations
allow for this. Detailed
minutes are produced
within
Trustee meetings.|2weeks|of| |network
with which the
charity works;|Due to the previous
Covid-19 restrictions,
the meetings
held
September 21 and Jan, Mar and Jun of22were held virtually|in
using the|| |~
relationship
with any
related
parties;|MS Teams facility. The December 2021 meeting was held
in person,
in
Newport,
Gwent. These virtual meetings
have proved to be so successful||| |~
trustees'
consideration
of
major risks and the system|that the board decided to hold all meetings
in this fashion apart from one
physical
meeting
per year which would be considered
an AGM.||| |and procedures
to manage
them.|Financial
risk is reduced
by the establishment
ofa minimum
220,000.Any short-term
reductions
below this figure require|balance
Board|of| ||approval. There were no approvals
for funding
that would drop below||the| ||minimum
balance
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|Summary
ofthe objects
charity set out in its
governing
document|ofthe|To act as a resource for young people up to the age of30who are
current Learners,
graduates
or apprentices
at the 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 of benefit who have| ||||||need by reason oftheir youth, age, infirmity
or disability,
poverty| ||||||or social and/or economic circumstances.
This is with a view to| ||||||improving
the conditions
and the iife ofsuch a person.| |Summary|ofthe main||||The Motivation
8 Learning
Trust (MLT) has continued
to engage
in a| |activities|undertaken||for|the|significant
fundraising
strategy
in order to ensure solvency and offer| |public benefit in relation||||to|support to those who are entitled
toaccess grants under the constitution| |these objects (include within
this section the statutory|||||ofthe charity. Relief of hardship
and improvements
in Learner mental
health are now a major focus, especially as the effects ofthe Covid| |declaration||that trustees||have|restrictions
become apparent.
For a large part ofthe reporting
period| |had regard||to the guidance|||these restrictions
have severely
curtailed
fundralsing
activities. However,| |issued by|the Charity||||regular donations
and some fundraising
from MPCT Staff has ensured| |Commission||on public|||that the charity has not suffered
financial
hardship.
MPCT staff will run| |benefit)|||||fundraising
activities
in September 22 and will be reported
in the next| ||||||period.| ||||||In addition to the government's
strategy ofproviding
IT support to allow| ||||||classes to be held online, our charity donated f25,000 towards MPCT's| ||||||"No one gets left behind" campaign
in the last reporting
period. This was| ||||||to purchase
Laptops for use by Learners
who, for whatever
reason,
did| ||||||not qualify for government
support. These devices continue to be| ||||||supported
by the IT Dept of MPCT and are cleansed
and re-issued as| ||||||necessary.| ||||||The Chair and other trustees
have, where possible, visited many MPCT| ||||||colleges during the reporting
year to recognise and reward fundraising| ||||||efforts at local level. Award Ceremonies
were held
in Birmingham,| ||||||Newcastle,
Manchester,
London
and Cardiff during
the period.| ||||||The MLT has made grants to young people
in crisis where need has| ||||||been both evident and urgent.
In addition
to this, the charity has| ||||||continued
to enrich the learning
ofyoung people with the aim of| ||||||developing
the individual
as a whole. The MLT has also continued
to fund| ||||||activities such as offshore sailing, enhancing
self-confidence,
team| ||||||building
and self-worth. The MLT Welfare Trustee,
with limited financial| ||||||authority
has,
in conjunction
with the MLT Finance Trustee, proved| ||||||effective
ln a rapid deployment
offinancial support to Learners
in need.| ||||||MPCT Centre Staff now have a proven and timely process to facilitate| ||||||this
rovision. Two interest free loans have been
ranted to allow| ## ## ## ## ## ## ## ||~
~|||a
a
r t
~
~|||| |---|---|---|---|---|---|---|---| |||||Our support of MPCT's "No One Gets Left Behind"|campaign||to supply| |||||Laptops for Learners was a significant
achievement|and we|were|| |||||fortunate
to have the funds available asa result of|last year's||cancelled| |||||Battlefield tour. MPCT continue to use the devices|to enhance||remote| |||||learning
and have demonstrated
that they can run|virtual remote training||| |||||should another emergency
arise.|||| |||||Welfare support to Learners
continued
throughout|the period||and
I| |||||commend
to you the performance
ofour Welfare and Finance|||Trustees| |||||who ensured
that, despite the difficulties ofCovid,|no deserving case||| |||||requiring
financial
support went unsupported.|||| |||||The MLT maintains
a reserve of820,000.|||| |Brief statement
ofthe|||||||| |charity's
policy on reserves|||||||| |Details ofany funds|||materially||||| |in|deficit||||||| |Further financial
review details||||(Optional
information)|||| |You may choose to include
additional
information,
where
relevant about:
~
the charity's
principal||||RICOH UK and Wedge Galvanising
have provided
ongoing corporate
financial support
during
the period. We recognise and greatly appreciate
their support.|||| ||sources offunds|(including||Repeat regular donations
and MPCT Staff fundraising
has covered the|||| ||any fundraising);|||outgoings
in welfare support.
Having
no salaried staff as an||overhead|| |~|how expenditure
has
supported
the key objectives
ofthe charity;|||has meant we have fared much better than other similar charities
during
the COVID crisis. They have continued
to provide valuable
support
during this period.|||| |~|investment
policy|and|||||| ||objectives
including||any||||| ||ethical investment||policy||||| ||adopted.||||||| ## ## ## ## ## ## ## ## ## ||||||Year Ended|Year Ended| |---|---|---|---|---|---|---| ||||||31July 22|31July 21| ||||||6|| ||||Unrestricted|Restricted|Total|Total| |Receipts||||||| |Donations|||8,120||8,120|9,329| |i oan repaid||||||1,349| |Charity
Event income|||28,936||28,936|2,200| |Fundraising
Income|||16,436||16,436|10,712| |Total receipts|||53,491||53,491|23599| |Payments||||||| |Grants payable|||26,464||26,464|23,360| |Loan payable||||||1,349| |Charity
events costs|||17,571||17,571|10,421| |Fundraising
Costs|||855||855|455| |Trawl Expenses|||605||605|193| |Oflice Expenses|||656||656|| |Accountancy
Fees|||2,280||2,280|| |Professional
fees|||216||216|216| |Total payments|||48,646||48,646|35,994| |Net increase I (decrease)||in cash||||| |for the year|||4,845||4,845|(12,404)| |Transfers
between
funds||||||| |Cash funds
brought|forward||48,930||48,930|61,334| |Cash funds carried|forward||53,775||53,775|45,930| ## ## ## ||||||31July|31 July| |---|---|---|---|---|---|---| ||||||2022|2021| ||||||f.|| |Assets:||||||| |Cash funds|||||53775|48,930| |Representing||balances on the following:||||| |Unrestricted||funds|Note|1|53,775|48,930| |Restricted|funds||Note|2||| ||||||53,775|48,930| ## ##