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2021-12-31-accounts

Registered Charity No. 1156821 15 Queen Square Leeds LS2 8AJ

Annual Report and Accounts 2021

01 January to 31 December 2021

REPORT OF THE TRUSTEES

For 01 January - 31 December 2021

Foundation

The Institute was founded in January 2014 to help northern state students to reach the UK’s most selective universities where they are significantly under-represented.

This was the Institute’s eighth year of operation during which time, the charity has supported nearly 300 students giving them life-changing summer school experiences and personal mentoring.

Mission

Objectives in 2021

1. Maintain our previous success with the Partner Schools and Reach Higher programme

This objective has been broadly met despite all the challenges of the past two years with the COVID19 pandemic:-

The collaboration with the Higher Education Progression Partnership South Yorkshire (HeppSY) was a major benefit in extending participation of schools in the Rotherham area during 2021.

In 2022 it is anticipated that growth will continue as the number of schools is projected to rise to 15 with 100 students participating in the summer school programmes.

2. Develop a 5 year Strategy

A new strategy was approved by the Board of Trustees in May 2020 and sets out ambitious growth targets in terms of both the number of schools and students over the next five years.

Annual Report & Accounts 2021

The Annual Report & Accounts 2021 cover the period 01 January to 31 December 2021. This is the first full year report since the change in reporting period which was aimed at improving the speed of reporting the outcomes and impact of the Linacre Reach Higher Programme.

Impact for Beneficiaries (2021 student cohorts)

There is a time lag between students attending Linacre’s Reach Higher Programme in the summer of School Year 12 (2021) and university places being offered and accepted in Year 13 (2022).

This report covers the offered places and gives an indication of the final university destinations of the 86 students that participated in the Reach Higher programme during Summer 2021.

Financial performance (January-December 2021)

In terms of financial performance, it is important to recognise the financial year does not entirely match the summer school and personal tuition cycle which continues into the next financial year i.e. 2022.

The information relating to income and expenditure reflects the performance of the charity in 2021 but is not comparable with the previous Annual Report & Accounts, which only covered a 9 month period from April 2020 to December 2020.

Activities for beneficiaries

Partner Schools

Partnering with secondary schools is a key aspect of how the Linacre Institute helps to raise aspirations and improve academic attainment. It is an essential part of the charity’s activities and builds strong long-term relationships with schools, students and local communities.

We are very grateful to these partner schools, many of which have worked with us since 2014.

Reach Higher Programme

Our flagship Reach Higher Programme is a highly personalised and intensive three-part programme which helps participating students form a “Community of Curiosity”, where it is normal to apply to and reach world-class universities in the UK and beyond.

Reach Higher would normally consist of three core elements:

Big Ideas , a six-day residential at Westminster School, in London, which is held in the first half of July, at the end of Year 12. It is aimed at stretching students’ horizons both intellectually and outside the classroom and includes workshops in places such as Parliament, the National Physical Laboratory, the Foreign Office and the Globe Theatre.

Stepping Stones to World-Class Universities , a ten-day residential at Trinity Hall, Cambridge, held in the second half of August, between Year 12 and Year 13 and aimed at building confidence in every aspect of applications to leading universities with additional subject-specific teaching and support from leading teachers and mentors.

Phone a Friend , involving fortnightly online tuition from a subject expert, starting in or before September of Year 13.

The Reach Higher Programme 2021 was delivered online, as it had been in 2020, due to the restrictions imposed by the COVID-19 pandemic. The Reach Higher programme was redesigned this year so that both summer schools were delivered. The personal tuition part of our programme was also delivered by our own bank of tutors and teachers without having to revert to using an external third-party organisation.

Impact – 2021 Student Cohort

The COVID-19 restrictions remained in force during the summer of 2021 and it was still not permissible to run residential summer schools. To provide students with valuable learning opportunities at a critical time in their education, the charity redesigned its summer schools and created an innovative and inspiring virtual programme. This required investment in a new Resource Bank and in the technology for extensive video conferencing events. The virtual common room was further developed to enhance the student experience.

We were successful in redesigning a full programme of two online summer schools (Big Ideas and Stepping Stones) and students had access to expert teaching and professional advice from specialist subjects ranging from biochemistry and physics to law and medicine.

Despite the restrictions, a record 84 students participated and feedback remained positive with 98% saying they were ‘more likely’ or ‘much more likely’ to apply to highly selective universities after our presentations to them.

Partner Schools

The impact of COVID19 was unprecedented and extremely difficult for the charity, its partner schools and universities, but it was also encouraging to see an even greater demand for participating in the Linacre Reach Higher Programme.

Partner Schools increased again to 11 as we had established a strong relationship with the Higher Education Progression Partnership in South Yorkshire (HeppSY) that enabled us to attract students from additional schools in Rotherham.

Partner Schools Location
Hall Cross Academy Doncaster,South Yorkshire
Wales High School Kiveton Park,South Yorkshire
New College Doncaster,South Yorkshire
Penistone Grammar School Barnsley,South Yorkshire
Accord Sixth Form Ossett Ossett,West Yorkshire
Thomas Rotherham Rotherham,South Yorkshire
Burnside College Wallsend,North Tyneside
WickersleySchool Rotherham,South Yorkshire
Brinsworth Academy Rotherham,South Yorkshire
BarnsleyCollege Barnsley,South Yorkshire
Sheffield College Sheffield,South Yorkshire

University Offers

The 2021 student cohort were highly successful in attracting offers from leading universities.

021 student cohort were highly successful in attract
Benchmark Number %
Sutton Trust 73 87
Oxbridge 6 7
Other 5 6

Final student destinations

Sheffield 16
York 12
Durham 7
Newcastle 6
Cambridge 4
Leeds 4
LSE 3
Warwick 2
Manchester 2
Edinburgh 2
Lancaster 2
Liverpool 2
Exeter 2
Sheffield Hallam 2
Oxford 1
St Andrews 1
Imperial 1
Bath 1
Birmingham 1
Queens Belfast 1
Kings College London 1
Northern Royal College of Music 1
Nottingham Trent 1
The Universityof Surrey 1
The Universityof Southampton 1
Wakefield College 1
Unknown 3
GapYear/Resit A-levels 3
Total 84

Final student destinations by university benchmark

Benchmark Number %
Sutton Trust 68 81.0
Oxbridge 5 6.0
Other 8 9.5
GapYear/Res 3 3.5
Total 84

Student experience (survey feedback)

What our students said:

“The teaching was brilliant. You could tell that the teachers truly loved their subject which made them more enthusiastic and enjoyable to listen to.”

“I think this is the first time that I've been able to do university level work and it provided me with an opportunity to work on problems that are well out of the realm of my A-Level course.”

“The most important thing I took away from the week were the stories of the people who delivered the sessions and their university and career advice. I realise now that there are so many opportunities available and the future is more exciting than worrying. Whilst the summer school hasn’t changed my plans, it has made me more confident in my existing choices.”

“Big Ideas immensely widened what felt possible to me. All of a sudden, universities that I never thought would be a consideration for me felt attainable. Whilst the subject matter was challenging, it only seemed to enhance my love of my subject, and I am only more excited to study it at University. The challenge was also softened by the teaching, which was guided enough to clearly introduce me to new topics, but in a way that allowed me to stretch myself and form my own conclusions.“

“The staff have supported me immensely, giving quality advice, feedback and tutoring that were tailored to my own needs. Also, I now feel connected to a network of kind and selfless people that I can reach out to if I'm in need of guidance in the future. Linacre has raised my

confidence both academically and on a personal level, but also acted as a spur, pushing me to ambitions that I now realise are realistic and within my reach. Thank you!”

Anticipated risks

Safeguarding children

Our primary beneficiaries are under 18 when we start working with them and they are legally deemed to be children. As a result we have a comprehensive Safeguarding Policy and Procedure to mitigate any risks and work with specialist advisors to constantly review and make improvements.

All of our 2021 students were surveyed and 100% agreed that the programme had a positive impact on them.

Finances

The charity operated effectively and returned a surplus on its operating account to December 2021.

Cash reserves remain positive and the charity closed 2021 with sufficient funds for further expansion of the Reach Higher programme in 2022.

Further information required under Charities Act 2011

Objects

The agreed charitable objects of the Institute are

To further the education of children in northern England who, in particular but not exclusively, are disadvantaged as a result of being a member of a socially and economically deprived community.

We do this primarily but not exclusively by means of residential courses, out-ofschool hours teaching and individual mentoring.

In setting our objectives and planning our activities our Trustees have close regard to the Charity Commission’s general guidance on public benefit, and in particular to its public benefit guidance on advancing education.

Charity trustees

As at 31 December 2021, the Charity Trustees were:

Ali Jaffer (Chair, appointed 1 Dec 2019) Jessica Asato (11 Mar 2019) Henry Davies (21 Mar 2018) Pippa Dodgshon (7 May 2015) Richard Kowenicki (22 Jan 2014)

Structure, governance and management

The Charity is constituted as a Charitable Incorporated Organisation. Its founding document is the constitution agreed on 22 January 2014 and revised on 29 April 2014.

Trustees are appointed via an open recruitment process and final decisions on any appointments are made by a majority vote of the current board of trustees.

Charitable activities

The charity works with a network of schools in northern England as detailed in the previous sections of this report.

The charity has a fair and multi-dimensional process for selecting students to participate in its Reach Higher programme from these partner schools. Every student in the sixth form at those schools is given a chance to apply for our courses, which are widely publicised within the schools. Where possible, more than one interviewer was involved in assessing student applications and input from their schools was invited.

Whilst a relatively small proportion of the actual total costs are paid by partner schools, all benefits are provided totally free of charge to students and every effort is made to assist students with travel costs and learning resources including the provision of relevant books and temporary laptops.

The trustees are confident that access to its charitable activities are not unreasonably or unfairly restricted and every effort is made to ensure that every effort is made to encourage and assist students from disadvantaged backgrounds so that they can benefit from this experience.

Public Benefit

Activities undertaken for the public benefit in pursuit of the Institute’s charitable objects during 2021 included:

Beneficiaries

The Institute’s principal beneficiaries are students and, in particular, those who participate in its programmes (as described earlier in this report).

In 2021, 58% of Linacre student home postcodes were in POLAR4 Quintiles 1 and 2.

Trustee benefits and donations

Benefits and payments

No trustees or trustee family members received any benefit from a free place on our summer schools.

Besides the instances detailed below, all trustees gave of their time freely and no remuneration or expenses were paid in the year.

Donations from and payments to Trustees and related parties

As disclosed in Note 15 to the Accounts, the total amount of donations made by the trustees during the 2021 financial year (whether they were trustees for the full year or otherwise) and their close family members totalled £258.

No payments were made to Trustees.

Policy on reserves

The Institute’s policy is to seek to maintain reserves at levels which the Trustees view as prudent in view of likely forthcoming costs and incoming monies. This is balanced with the desire quickly to apply as much as possible of the Institute’s financial resources directly to activities for beneficiaries.

The 2021 financial year brought a £23,335 increase in the Institute’s reserves.

The charity’s funds are all unrestricted.

It holds no investments.

Signed (Ali Jaffer (Chair))

AJaffer

The Trustees of the Linacre Institute

The Linacre Institute

Statement of Financial Activities

For the year ended 31 December 2021

Notes
Incoming resources
3 & 4
Donations and grants
Funds raised for charitable activities
Investment income
Total
Resources expended
5
Cost of raising funds
Charitable activities
6
Core costs
Total
Net incoming / (outgoing) resources
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
2021
£

95,671
25,700
3
121,374

13,886
70,251
13,902
98,039
23,335
23,335
35,447
58,782
9 months to
31 Dec 2020
£
46,465
9,200
12
55,677
12,753
30,627
6,262
49,642
6,035
6,035
29,412
35,447

The Linacre Institute

Balance Sheet as at 31 December 2021

Notes 2021 9 months to
31 Dec 2020
£ £
Fixed assets
Computer equipment
11
453 -
Current assets
Debtors
12
203 94
Cash at bank and in hand
14
59,743 36,229
Total current assets 59,946 36,323
Creditors: amounts falling due within one year
13
(1,617) (876)
Net current assets 58,329 35,447
Total assets less current liabilities 58,782 35,447
Net assets 58,782 35,447
Funds of the Charity
Unrestricted funds 58,782 35,447
Total funds 58,782 35,447

The Linacre Institute

Statement of Financial Activities

For the year ended 31 December 2021

Note

1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014, and with the Charities Act 2011.

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

1.2 Going concern

The accounts have been drawn up on the basis that the Charity is a going concern. There are sufficient reserves to enable the Charity to continue with its activities for the coming year and the trustees continue to work to raise additional funds.

1.3 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period.

2 Accounting policies

2.1 Income

Recognition of income -

Income is included in the Statement of Financial Activities (SoFA) when:

Offsetting -

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP.

Grants and donations -

Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).

The Linacre Institute

Statement of Financial Activities

For the year ended 31 December 2021

2.1 Income (continued)

Tax reclaims on donations and gifts -

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor has specified otherwise.

Contractual income and performance related grants -

This is only included in the SoFA once the charity has provided the related services or met the performance related conditions.

Donated services and facilities -

Donated services and facilities are not included in the SoFA. Donated services and facilities are consumed immediately and therefore have no impact on the funds carried forward. Any donated services and facilities are described in note 4 to the accounts.

Support costs -

Support costs are written off when incurred.

Volunteer help -

The value of any voluntary help received is not included in the accounts but is described in note 4 to the accounts.

2.2 Expenditure and liabilities

Liability recognition –

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Core costs –

Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated between raising funds, governance and charitable activities on a basis consistent with the use of resources.

Deferred income –

No material item of deferred income has been included in the accounts.

Creditors –

Creditors are measured at settlement amounts.

The Linacre Institute

Statement of Financial Activities For the year ended 31 December 2021

2.3 Assets

Tangible fixed assets -

Tangible fixed assets are measured at cost less accumulative depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Debtors and accrued income –

Debtors and accrued income are measured at the cash amount expected to be received.

3 Analysis of income

Donations
and grants:
Donations (including gift aid)
General grants provided by other charities
Total
Charitable
activities:
Fees paid by participating schools
Total
Investment
income:
Interest earned on deposit account
Total
Total income
2021
£
44,671
51,000
95,671
25,700
25,700
3
3
121,374
9 months to
31 Dec 2020
£
30,066
16,400
46,466
9,200
9,200
12
12
55,677

Statement of Financial Activities

The Linacre Institute

For the year ended 31 December 2021

4 Donated facilities and services

The Charity relies on a number of volunteers to provide some teaching, administration support and fundraising. Although these services are of significant benefit to the Charity, no value has been attributed to them for accounting purposes.

5 Allocation of central costs

Cost Type
Employee costs
Staff pension costs
Consultants' fees
Insurance
Advertising and marketing
IT
Office rent
Office administration costs
Travel
Depreciation
Total
Charitable
Raising
Core costs
allocated
activities
funds
58,184
34,910
11,636
11,638
2,387
1,432
477
478
136
81
27
28
437
262
87
88
987
592
197
198
2,137
1,281
427
429
1,695
1,016
338
341
3,243
1,945
648
650
24
14
4
6
226
135
45
46
69,456
41,668
13,886
13,902

Central costs are apportioned on the basis of time spent by permanent staff on activities within the different administrative areas of the Trust.

Statement of Financial Activities For the year ended 31 December 2021

The Linacre Institute

6 Analysis of charitable expenditure

Expenditure
Programme development and co-ordination
on charitable
Educational trips
activities:
Selection interviewer fees
Summer school staff fees
Teacher and tutor fees
DBS and safeguarding
Other programme costs
Allocated core costs
Total expenditure on charitable activities
Analysis of charitable expenditure by programme event
Reach Higher Programme:
Big Ideas Summer School
Cambridge Stepping Stones
Phone-a-Friend
Other direct costs
Total expenditure on charitable activities
2021
£
1,437
1,005
717
3,275
18,410
3,100
639
28,583
41,668
70,251
4,425
11,378
4,850
7,930
28,583
9 months to
31 Dec 2020
£
3,933
-
365
720
6,690
84
69
11,861
18,766
30,627
-
10,893
884
84
11,861

As described in the Report of the Trustees, the delivery of the Charity’s “Reach Higher” programme is at the core of its activities. Expenditure on charitable activities is, accordingly, analysed to reflect this.

The total salary costs, including employer pension contributions, amounting to £60,571 (9 months to 31 Dec 2020: £20,321) have been allocated 60% (2020: 60%) to charitable activities, 20% (2020: 20%) to raising funds and 20% (2020: 20%) to governance.

The Linacre Institute

Statement of Financial Activities

For the year ended 31 December 2021

7 Support costs

Central costs are apportioned on the basis of time spent by employed staff on activities with the trust. Core costs of £13,902 (9 months to 31 Dec 2020: £6,262) include allocation for governance costs.

Support costs attributable to charitable activities have been included in that category. All other costs, such as rent, have been allocated 20% each to fundraising and governance and 60% to charitable activities.

8 Fees for examination of the accounts and other tax and legal work

No amounts have been paid to the Independent Examiner for the scrutiny of the accounts (2020: £Nil)

All tax and legal advice has been provided on a pro bono basis.

9 Paid employees

During the period under review there were two employees: The Executive Director, full time, and Programmes Director, part time.

The Linacre Institute

Statement of Financial Activities

For the year ended 31 December 2021

10 Staff costs

10
Staff costs
9 months to
31 Dec 2020
2021
£ £
Salaries and wages 57,911 18,669
Employers’ insurance 273 -
Pension costs(defined contribution scheme) 2,387 1,652
60,571 20,321

The Charity fulfils its obligations to provide a pension scheme for its employee by making contributions into personal pension plans as required under auto-enrolment pension regulations.

11 Tangible fixed assets

Cost
At 1 January 2021
Additions
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
12
Debtors
Analysis of debtors
Other accrued income
Total
£
-
679
679
-
226
226
453
-
2021
£
203
203
9 months to
31 Dec 2020
£
94
94

The Linacre Institute

Statement of Financial Activities

For the year ended 31 December 2021

13 Creditors and accruals falling due within one year

Analysis of creditors
Accruals and deferred income
PAYE and National Insurance
Total
14
Cash at bank and in hand
Cash at bank
Total
2021
£
355
1,262
1,617
2021
£
59,743
59,743
9 months to
31 Dec 2020
£
294
581
875
9 months to
31 Dec 2020
£
36,229
36,229

15 Related party transactions and trustees' expenses and remuneration

Donations from trustees and related family members were £258 in 2021 (9 months to 31 Dec 2020: £983).

No other related party transactions occurred.

No trustees were paid.

Independent examinerfs report on the accounts to the trustees of The Linacre Institute Registered Charity No. 1156821 I report to the trustees on my examination of the accounts of The Linacre Institute 1.the Institute"I forthe year ended 31 Detember 2021. Responsibiltties and basis of report A5 the charity trustees of the Institute you are responsible for the preparation of the accounts in accordance with the requirements of the Charitie5 Art 20111.the Acfl. I report in respect of my examination of the Institute's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Direction5 given by the Charity Commission under section 145151{bl of the Act. Independent exarninerfs sLitement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Att: or the accounts did not accord with the accounting records: or the accounts did not comply with the applicable requirements concerning the fomi and ontent of accounts Set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this ￿port in order to enable a proper understanding of the accounts to be ￿aChed. 2022 Andrew Clements CA Institute of Chartered Accountants of Scotland ZO Granby Road Edinburgh EH16 5NL