## ## ## ## ## ## |NTENTS||| |---|---|---| |||PAGE| |stees annual
report||| |ependent
examiner's|report|| |ipts and payments|account|| |tement ofassets and|liabilities|| |tes to the accounts||| ## ## ## ||||~ ~
~| |---|---|---|---| |Descri||on ofthe charity's|trusts| ||Type|governing
document|| ||How th|charity is constituted|| ||Tru|selection methods|PPointed
by
onsensus| |Addition||Igovernance
issues (Optional
information)|| |You may
additions
relevant,||choose to include
information,
where
bout:|The Chair oftrustees
with the support ofthe board oftrustees continues
to carry out an induction
programme
for all new Trustees
prior totheir
appointment
and during their time with the Trust. Afi Trustee| ||||appointments
are reviewed at the end oftheir 3year tenure as required| |~|policie|and procedures|by the Governing
Document.| ||adopt|for the induction|| ||and t|ining oftrustees;|Trustee meetings are held 3monthly
with video link facilities where| |~|the ch
struct|rity's organisational
and any wider|locations allow forthis. Detailed minutes
are produced
within 2weeks of
Trustee meetings.| ||netwo
charit|with which the
works;|As a result ofsuccessful
Virtual Meetings
and confirmation
by the Board,
meetings
are, with the exception ofone meeting
which will beconsidered| |~|relatio
relate|ship with any
parties;|the AGM, now held virtually
using MS Teams facility. The December
2022 meeting was held in person,
in Newport,
Gwent. This meeting was| |~|trust
major
and p|' consideration
of
ks and the system
cedures to manage|planned to coincide with a Learner
Christmas
Lunch, financially
supported
by our charity. This allowed those Truslees present to witness
practical evidence ofour financial support,
including
the benefits to
learners
at first hand.| ||them.||| ||||Financial
risk is reduced
by the establishment
ofa minimum
balance of| ||||220,000.Any short term reductions
below this figure require Board| ||||approval. There were no approvals
for funding
that would drop below the| ||||minimum
balance
during
this reporting
year.| ## |Summary
charity se
governin|fthe objects
out in its
document|ofthe|Toactasa 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 asa 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
orsocial and/or economic circumstances.
This is with a view to| ||||improving
the conditions and the life ofsuch a person.| |Summary
activities
public be
these obj
this secti
declaratio
had raga
issued by
Commissi
benefit)|fthe main
ndertakenforthe
ftt in relation to
(include within
the statutory
that trustees
have
to the guidance
he Charity
n on public||The Motivation
&Learning
Trust (MLT) has continued toengage 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.
Since the acquisition ofour supported
organisation
by Learning
Curve Group, there has been an expansion
of
MPCT Centres. The aim isto establish
up to60centres around
England
&Wales and the resulting
increase
in centres will greatly increase those
Learners
eligible for financial support. The Board recognises this| ||||challenge and are working to increase fundraising
activities to address| ||||the anticipated
shorffall.| ||||In addition to the government's
strategy of providing
ITsupport to allow
classes to be held online, our charity donated K25,000towards 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 ITDept ofMPCT and are cleansed and re-issued as| ||||necessary. The charity
will monitor such equipment
and ensure
it is put to
best use in benefitting
Learners.| ||||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,
Liverpool 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 awhole. The MLT has also continued
to fund| ||||activities such as offshore sailing, enhancing
self-confidence,
team| ||||building
and self-worth. The MLTWelfare Trustee,
with limited financial| ||||authority
has, in conjuncbon
with the MLT Finance Trustee, proved
effective in a ra
id de lo ment offinancial su
ort to Learners
in need.| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Year Ended|Year Ended|Year Ended| |---|---|---|---|---|---| ||f||S1July 23
6|31|July 22
6| ||Unmstricted|Restricted|Total||Total| |eceipts|||||| |Donations|3,630||3,830||8,120| |Charity
Event Income|21,996||21,998||28,936| |Fundraising
Income|12,325||12,325||16.436| |arl receipts|37,951||~37951||53,491| |yments|||||| |Grants
payable|32,700||32,?00|26,464|| |Charity events costs|7,915||7,915|17,571|| |Fundrsising
Costs|1,625||1,625||855| |Travel Expenses|720||720||605| |Oigce Expenses|||||| |Accountancy
Fees|||||2,280| |Professional fees|216||216||216| |ssl payments|43,178||~43176||| |tincrease I(decrease) in cash|||||| |rthe year|(5,225)||(5,225)||4,845| |nsfers between
funds|||||| |sh funds
brought
forward|53,775||5S,775|48,930|| |sh funds carried forward|||48,550|53,775|| ## ## ## |||||31July|31 July| |---|---|---|---|---|---| |||||2023f|2022f| ||ts:||||| ||h funds||||53,775| |Re|resenging|balances on the following:|||| |Un|tricted funds||Note t|48,550|| |R|tricted funds||Note 2||| ||||||53,775| ## ##