Charity Registration No.: 1156196
EAGLE'S
NEST--
TRUSTEES, REPORT AND UNAUDITED ACCOUNTS
FOR THE PERIOD ENDED 31 AUGUST 2024

EAGLE'S NEST PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees.....-
.J. Edmonds
D. Layzell
P. Meekings (from January 20241
S. Reilly
M. Watson
Charity Number..
. 1156196
Operating Address.
The Old Vicarage
2 Main Street,
Branston,
Staffordshire
DE14 3EX
Registered Office......................-.
. l Greenvale Close
Burton upon Trent
Staffordshire
DE15 9HJ
Independent Examiner.......
,Alexander Accountancy
12 Granarywharf Business Park
Wetmore Road
Burton upon Trent
Staffordshire
DE14 IDU
Bankers.
-The Co-operative Bank
PO Box 250
Delf House
Southway
Skelmersdale
WN8 6WT
Nationwide Building Society
Nationwide House
Pipers Way
Swindon
SN38 INW
Page 2 of 15

EAGLE'S NEST PROJECT
CONTENTS
Pa
Trustees, Report.................
Independent examiners, report...................................................
Statement of financial activities.
io
Balance sheet.............................................................................. li
Notes to the accounts...................................
12
Page 3 of 15

EAGLE'S NEST PROJECT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees present their report and Eagle's Nest's financial statements for the period ended 31
August 2024.
The accounts have been prepared in accordance with the accounting policies set out in note I to the
accounts and comply with the charit¢s governing document and 'Charity Reporting andAccounting.'
The Essentials Morch 2015,, meeting the requirements in the FRS 102 Charities SORP.
Objectives and Activities
Alms
Eagle's Nest's objectives, as set out in its Constitution:
To advance alternative educational provision for children and young people across the UK who are
not able to engage effectively within the mainstream educational settin& with the aim of improving
their future life prospects.
The Vision
Every young person realising their potential
Our Mission is to awaken the potential and inspire dreams in young people not effectively engaged
in mainstream education.
Long Term Goals
A.. To provide impactful solutions that result in increased wellbeing for each young person.
B- To build skills and positive attitude changes towards young people resulting in systemic changes in
mainstream education.
Core Values
Rooted in Christian values of love and acceptance of all, the values are:
Acce
t. We believe in accepting every young person as they are, no matter what their history, no-
one gets turned away based on their past.
Belief: We believe that every young person is uniquely valued and has something positive to offer.
Relate: We believe that modelling positive behaviour is the best way for students to learn what they
have not seenlexperienced before.
Artivities
It has been another significant year in the story of Eagle's Nest. We have continued to settle into our
new space, finding funding to support developments of the property. some essential (substantial
roof improvements) and some that enhance the space for our younE people and make it more fit for
purpose moving forward (sensory path, outdoor seating and other outdoor space developments).
The team see the benefits each day that this building allows compared to the shared spaces we
operated f rom previously. It has proved time and again to be a p051tive step for the organisation and
those we support, and we are determined to secure this long term by March 2026 through our
ongoing building fund efforts.
In March 2024, we celebrated 10 years as a charity. A fantastic weekend of fundraising and
celebration saw professionals, community members and supporters alike coming together. Local
businesses got behind the auction event, donating items to raise funds and community members
attended to support these efforts. Many young people and families returned to see the new
Page4of 15

EAGLE'S NEST PROJECT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
premises and celebrate with us, recognising the significant part Eagle's Nest had played in their
story. It was fantastic to share this weekend and be reminded of the benefits for those we support
and the long-term difference the work of the charity makes. Speaking to young people in their early
20's who we supported as young teens and hearing how they have gone on to develop their skills
and make choices that support a posltive future was so inspiring and reminds us all how essential the
work of Eagle's Nest is in providing real and lasting change in the lives of those we support. These
birthday celebration5 were a significant marker in the year and have provided a focal point of
celebration, but lots more has also moved forward.
We have continued to seek partnership and support from local businesses and grant making
foundations to partner in achieving our huge ambitions and are grateful for the new relationships
that have developed this yearto move us closer to our goals. We continue to be in a period of huge
expansion as we maximise the use the new property allows us and develop the staff team to match.
We recognise that we cannot make this step of growth without the support we receive in all its
forms from all involved and are continuing to seek further partnerships to consolidate on the
progress this year. We knew we had set significant funding targets this year and it is through the
generosity of partners and supporters that we have met these targets. We know these targets will
continue to be ambitious until we have secured the building but have been so encouraged by the
progress this year and are confident as we continue on this journey.
The charity continues to increase its reach, with an increase this year in advice and support requests
as we are commissioned to work with more complex cases, delivering and advising on approaches
that will bring positive change. Referring agencies continue to turn to Eagle's Nest to provide
solutions for some of the most vulnerable teens in the education and care system, evidenced in the
significant increase, once again, in earned income this year, (almost 30Y.l. As we grow at such a rapid
rate, we are mindful of ensuring the quality we deliver is maintained through careful planning,
training and support of the team. Clear strategic objettives and plan5 ensure this is managed
effectively.
Our partnership with the Centre for Social Justice continues as one of their alliance members. This
has involved speaking into the national picture rega rding how alternative provisions should be
managed and overseen nationally in order to ensure the best outcomes and solutions for all
involved. We continue to seek opportunities both locally a nd nationally to enhance opportunities for
young people, both promoting our work and advising others in order for a broad range of excellent
opportunities to be available for those who need it.
Achievement and Performance
Across this year we have worked with 50 young people to provide 5,999 hours of direct support,
delivering 15 different projects with over 1,300 hours of I:1 support.
66% of students said Eagle's Nest had made them feel more positive about education.
In addition to these figures, we have given support and encouragement to those who have officially
moved on but reach out every now and then. From updates about driving tests being passed, first
jobs being secured and thriving at college to support with Cvs and references, we can be clear that
we remain a stable point in the live5 of those we 5UPPOrt, long after they have left. Providing a stable
and secure place of belonging for those who have become the lost and forgotten of a broken system
15 what makes the real difference.
Page 5 of 15

EAGLE'S NEST PROJECT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
We continue to provide a place of safety and acceptance whilst longer term solutions are worked
out. We seek feedback to ensure it can guide the ongoing development of our work and are always
encouraged when this evidences the impact we seek to achieve for our young people, which is why
these comments by a parent in Spring 2024 are so meaningful "It has been absolutely amazing for
my son. I can never thank them enough for what they have done for him. Going to Eagle's INest) is
the only time in education he is happy, confident and positive.
Financial Review
As we looked ahead last year, we talked about this being a year of consolidation a5 we found the
funds to ensure we could secure the property and build capacity for the continued growth that is
possible with this additional space. We want to ensure that all who need support can access it, and
the new premises has allowed us to increase capacity in a significant way, so we need to ensure we
have the f unding to allow this additional su pport to happen. With this in mind, an ambitious budget
was written that required significant funding targets to be met. It is exciting to note that despite
huge growth in expenses due to increased costings as we grow, the year finished with as much
unrestricted funding as it started. and a significant growth in the building fund. This gives us
confidence as we continue to consolidate in these years of significant expansion as we work to
secure the property and expand the staff team.
In this financial year we secured more grant-based funding than we had previously in order to
support wtth these developments, managing to gain funding for developments that simply could not
have happened without it, as well as support for the core costs and building fund.
This period of growth in terms of building and staffing, brings with it a significant increase in the
reserves required to underpin it. and trustees are aware that we ended the year with less than three
months reserves against the new budget for 24-25. The board recognises this position in this time of
growth and have weighed the risks carefully, recognising that in this period we are seeking to
increase reserves, increase core funding support and provide finds for the building purchase to be
completed. Whilst reserves have remained just below our chosen position, there has been significant
growth in the building fund across this period, showing an overall upward trajectory to support the
significant growth across the three-year period12023-261 in which we seek to secure the property
freehold. Trustees maintain the longer-term intention to increase from the current 3-month
minimum level to a higher level in light of additional responsibilities of managing a building and
continue to actively exploring additional funding streams. Trustees continue to assess risk, and have
a formal budgetary review scheduled at the midpoint of the year. We continue to be in an
investment period that is deemed necessary to move things forward.
During this financial year, we have, once again, seen incredible generosity from supporters and local
businesses to increase the building fund, core cost giving and support the organisation through gifts
in kind. We have also begun conversations with funding bodies to provide support with our building
fund targets. We continue to recognise that a building is a considerable one-off expense, which
cannot be paid for out of operating activities, so we are seeking significant donor support that will
position us to achieve our strategic aims.
We continue to explore new partnerships, recognising this is an exciting project to get involved in at
this time, knowing support will leave a legacy to benefrt hundreds of young people in the future. We
would love individuals and organisations to know they have been part of our story.
Structure, Governance and Management
Eagle's Nest is a Charitable Incorporated Organisation ICIOI. The governing document is the
harity's constitution.
Page 6 of 15

EAGLE'S NEST PROJECT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Appointment of Trustees
Trustees are appointed by the current board. In selecting individuals for appointment as charity
trustees, the charity trustees must have regard to the skills, knowledge and experience needed for
the effective administration of the CIO.
Potential candidates are usually approached by one of the board members after agreement at a
Trustees, meeting about whom would best serve the charity at that time. Upon a favourable
response, they are appointed for a term of three years by a resolution passed at 3 properly convened
meeting of the charity trustees. After three consecutive terms of office, a trustee must take a break
of at least one year before being invited to sta nd for a further term, as per the charity's constitution.
Trustees, induction and training
New trustees, will meet with the Charity Director to discuss, ask questions and gain insight into the
running of the charity. They are given copies of the constitution, the most recent financial accounts
and the key Charity Commission document"The Essential Trustee" along with any other relevant
documentation, including safeguarding policie5 and supporting documents and training.
Trustees, skills audits are completed and updated with new appointments and trustees are
encouraged to attend appropriate external training events where these will facilitate the
undertaking of their role.
Organisation
The charity is organised so that the Trustee board meetings are held quarterly. Between such
meetings there are email exchanges as necessary. The constitution states that a quorum of trustees
lat least two or a third of the total number, whichever is greater) must be present at a meeting in
order to vote on decisions to be made. There are no restrictions on the trustees, power in respect
of the charity's investments. The trustees may invest and apply all the charity's monies in all
respects as if they were absolutely and beneficially entitled thereto.
Reference and Administrative Details
The Charity name is Eagle's Nest Project, sometimes referred to as Eagle's Nest.
The registered number of the charity is 1156196.
Operating Address
The Old Vicarage
2 Main Street
Branston
Staffordshire
DE14 3EX
Registered Office........................ IGreenvaleClose
Burton upon Trent
Staffordshire
DE15 9HJ
The Trustees, and who served during the period were..
J. Edmonds
D. Layzell
P. Meekings (from January 20241
S. Reilly
M. Watson
Page7of 15

EAGLE'S NEST PROJECT
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
Funders and Supporters
As ever, a hu8e part of the stability of our finances is down to those who give regularly to the charity.
Whether this is payments to the building fund. or to the core costs of the charity, we are so grateful
for this continued support that allows US to plan and project with more confidence.
We also received a huge amount of support for our birthday celebrations this year, with many local
businesses providing gifts and services to be auctioned at our main fundraiser even, and others
providing practical support and items for the celebrations with young people, along with hours of
volunteered time. A special thanks for Rebecca Beaver who almost single-handedly pulled off the
incredible auction event, contacting many local businesses to garner their support.
We have continued to be blown away by the support shown by the local community this year.
Gardening Staffs has continued to support by providing general gardening maintenance, FUSE4 have
provided an updated corporate identity package and supporting website update, along with other
supporting design work and BTB roofing helped with roofing repairs following storm damage. In
addition, regular and one-off volunteers have supported with repairs and developments at the
property. The local community and supporters from further afield continue to significantly invest in
what we are building through time and financial giving. Trustees wish to thank everyone who has
supported the charity in these ways.
Further significant donations towards the building fund have seen us climb towards our end goal. We
know that large grant funding bodies look favourably on organisations that Can show the community
is behind them and the significant amount raised this year will help us to evidence this. We are so
grateful to the individuals and organisations who have donated and know you are the provision that
each gift is part of the provision that will see us reach our end goal.
In addition, we received nine grants totalling almost £IOO,000 throughout the year. These range
from money towards the building, to energy eff iciency reports and core cost or project specific
funding, all of which have been used to support the charity in meeting its goals, (further details can
be found in notes to accounts). Trustees are so grateful for a51 this sUPPOrt and are committed to
ensuring all funds are spent wisely as the charity continues to grow,
Plans for 2024-25
Plans for the year ahead see us grow the team again, adding a Project Lead Worker, in line with our
five-year strategy, to ensure we are maximising capacity at the building and therefore supporting the
maximum number of young people. We have set an ambitious target to incre35e our direct hours of
support by a further 20Yo in the coming year and this appointment will help us to achieve that.
In addition, we plan to appoint a small part-time role focussed on fundraising and bid writing. We
have invested in agency support with some success in 23-24. but feel a specifically appointed, in-
house role will be more effective. We therefore plan to introduce a 6hr post for 12 months in the
first instance. We are excited that this will open new doors to funding.
On behalf of the board of Trustees:
D. Layzell
Chair of Trustees)
John Edmonds (Trusteel
Date:
11 dlkthA£y
Date:
11 20
Page 8 of 15

EAGLES NEST CHARITY
BALANCE SHE
FOR THE PERIOD ENDED 31 AUGUST 2024
Independent examiner's report to the Trustees of Eagles Nest Trust
I report on the accounts of the Trust for the year ended 31 August 2024, which are set out on pages 9 to 14.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charitvs trustees consider that
an audit is not required for this period under section 144121 of the Charities Act 2011 (the 2011 Act) and that
an independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general directions given by the commission under section 14515llbl
of the 2011 Act
to State whether particular matters have come to my attention
Basis of independent examinerfs report
My examination was carried out in accordance with the general directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from you as the trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is
given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set
out in the next statement.
Independent Exarninerstatement
In connection with my examination, no matter has come to my attention=
111 which gives me reasonable cause to believe that in any material respect the requirements:
to keep accourTrting records in accordance with section 130 of the 2011 Act and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 2011 Act
have not been met or
121 to which, in my opinion, attention s
accounts to be reached
e drawn in order to enable a proper understanding of the
Wayne Penlington FCC
Alexander Accountancy
12 Granary Wharf Business Park
Wetmore Road
Burton upon Trent
Staffordshire, DE14 IDU
Page 9 of 15

EAGLE'S NEST PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 AUGUST 2024
Unrestricted
Funds
Restricted
Funds
Total
Total
2023
2024
Notes
Incomln
and endowments from:
Donations
32,173
3,225
10,500
7,052
666
39,225
3,891
104,371
1,385
148.872
96,938
2,859
27, 595
1,009
128,401
Gift Aid reclaimed
Grants received
Interest received
93,871
47,283
101,589
Income & Endowrnents from:
Bespoke courses
Small Group Projects
Training
Total incoming resource5
90,495
169,740
1,050
308,568
90,495
169,740
78,350
108,745
101,589
410,157
315,496
endlture on:
Raising Funds
Fundraising event - Administration
Total Expenditure on Raising Funds
1,274
1,274
275
5,809
7.083
275
Charitable Activities
Travel
4,312
3,061
26,929
214,095
153
248,550
1,121
213
2,511
15,932
503
20,280
5.433
3,274
29.440
230,027
657
4, 393
3, 568
27, 503
167,719
101
203,285
Training
Project resourcing
Staff Costs
Volunteer expenses
Total Charitable ActivitTes
268.830
Support Cost
Office expense5, rent and utilities
Administration
Insurance
DBS Checks
Trustee expenses
Total Support Costs
31,171
13,661
3,195
115
316
10,965
6,294
42,136
19,955
3,195
115
32,277
31,571
3,126
102
475
67,551
316
65,717
Total ExpendTture
302,817
38,813
341,630
271,111
Net movement In funds
5,751
67,219
72,970
62,776
88,735
151,511
68,527
155.954
224,481
44,385
111 569
155,954
Fund balances at 1st September 2023
Fund balances at 31st August 2024
Page 10 of 15

EAGLE'S NEST PROJECT
BALANCE SHEET
AT 31 AUGUST 2024
2024
Note5
Current assets
Debtors and prepayment5
Cash at bank and in hand
14,688
143,631
75,(K)O
5,723
81.782
Building deposit
75.000
Creditors: amounts falling due
within one year
Total net assets
(8,8381
(6.551
224,481
Income funds
Restricted funds
151,511
72,970
88.735
Unrestricted fund5
224,481
-'954
The accounts were approved by the Board on:
D. Layzell {Chair of Trusteesl
John Edmonds ITrusteel
Page11 of 15

EAGLE'S NEST PROJECT
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 31 AUGUST 2024
Accounting policie5
Basis of preparation
The accounts have been prepared under the historical cost convention
The accounts have been prepared in accordance with applicable accounting standards, the
Statement of Recommended Practice. "Accounting and Reporting by Charities" issued in
March 2005 and the Companies Act 2006.
b. Incoming resources
Tax recoverable in respect on covenanted income, gift aid and bank interest is recognised in
the Statement of Financial Activities when monie5 are receivable. All other income is
recognised when the trustees are reasonably certain they will receive it, and that the value
can be reliably measured.
Grants receivable are credited to the SOFA in the year to which they relate.
Expenditure is accounted for on an accrual basis and has been listed under headings that
aggregate all the costs related to that activity.
Costs of generating funds are those costs Incurred in attracting voluntary income.
Charitable actiwties include expenditure directly associated with individual projects and
support costs relating to those activities.
Governance costs are those incurred in connection with the management of the charity and
its assets, organi5ation administration and compliance with constitutional and statutory
requirements.
d. Accumulated funds
Restricted f unds are accounted for in accordance with the particular terms of trust arising
from the express or implied wishes of donors in so far as these are intended to be binding on
the trustees.
e. Value Added Tax
The Charity is not required to register for VAT. All income and expenses include VAT where
applicable.
The restricted figure is reduced compared to last year. Last year's accounts included a one-
off £75,000 donation for the building deposit, so was inflated.
Unrestricted
Funds
Restricted
Fund5
Total
2024
Total
2023
Grants received
Consolidated Charities
Magnify
Screwfix
TK M￿(
KFC
Bee Blessed
Awards for All
Christian Trust Fund
Albert Hunt Trust
SJP Foundation
East Midlands Airport
New Start - Additional Grant
SCC Ltd
Bisham Asset Mgt
5,CQO
'jU5
500
500
5(K)
20,000
50,000
20,0(K>
50,0
5,(K)O
8,671
9,3
5,0
2CX)
2(K)
8,671
9,300
200
200
Net Grants recetved
5,500
98,871
104,371
Page12of 15

EAGLE'S NEST PROJECT
NOTES TO THE ACCOUNTS
AT 31 AUGUST 2023
Employees
Number of Paid Employees
The total number of paid employees during the period was: 11
2024
Number
2023
Number
Charitable Activity
Employment Costs
2024
2023
Wage5 and salaries
Inc. Social security costs
230,027
167.719
230,027
167,719
No employees received employee benefits, excluding employer pension costs, of more than
£60,000.
Debtors
2024
2023
Other debtors and prepayments
14,688
5,723
14,688
Creditor: amount5 falling due within one year
2024
2021
Accruals
8,838
6.551
8,838
Page13of 15

EAGLE'S NEST PROJEcr
NOTES TO THE ACCOUNTS
AT 31 AUGUST 2023
7 Restricted fund5
The income funds of the charity include restricted funds comprising the following
unexpended balances of donations and grants held on trust for specific purposes:
Balance at
1 Sept 2023
Incoming
resources
Resource5
expended
Balance
at
31 Aug
2024
Con501idated Charities
Burton
Screwfix
1,835
6,835
5,CKJO
s￿
Bee Blessed
500
Awards for All
20,000
8,671
9,300
200
18,314
3,541
4,623
1,686
5,130
4,677
2C()
SJP Foundation
East Midlands Airport
SCC Ltd
Bisham Asset Mgt
Building Fund
lincluding [50,000
grant from Christian
Trust Fund}
200
2(K)
81,900
57,718
139,618
88,735 101,589
38,813
151,511
Consolidated Charities Burton
£1,835 carried over from last year for room rental utilities, health and safety costs and linked set up
for the new building. An additional £5,000 as a contribution towards the ￿lIdIng rent.
Screwfix
£5,0(X) carried over f rom last year, to cover the c05t5 of a new sensory path constructed in the new
building's garden.
Bee Blessed
£500 towards the set-up costs of the new group work focused S￿C7￿callY on working with boys,
complTrnenting the gir15' groups that have already proved a succes5.
Awards for All
£20,000 towards the development and start-up costs of new project work, including the purchase of
resources, staffing costs and training. The grant also contributed towards marketing and awareness
raising costs, enabling the production of marketing materials and the hosting of the 10-year
celebration weekend which also was an opportunity to raise awareness about the work and generate
more fundraising opportunities.
SJP Foundatlon
£6,671 towards the mentoring project, covering resources, staff costs and volunteer expenses,
training and travel.
East Midlands Airport
£9,300 towards the development of the outdoor space to include sheds, a polytunnel, outdoor
shelter. arbour seating and seeds & seedlings.
SCC Ltd
£21X) towards the support of project staff - specifically towards a celebration meal. Thi5 is allocated
to the Annual Staff Christma5 meal and has been carried over to the next finarKial year.
Page 14of 15

EAGLE'S NEST PROJECT
NOTES TO THE ACCOUNTS
AT 31 AUGUST 2023
Bisham Asset Mgt
£2(M) towards the support of project staff - speciftcally towards a celebration meal. This is allocated
to the Annual staff Christmas meal and has been carried over to the next financial year.
Building Fund
A building fund has been maintained following it was establishment last year. Having carried over
£81,900 from last year, this now totals £64,618. This included two donations totalling £50,000 from a
Christian Trust Fund.
In addition to the £rants, regular supporters have given to this fund throughout the year as we seek to
find the balance for completion.
Page15of 15