2023-08-31-accounts - Third Space Bolton

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year 1 09 2022 To 31 08 2023

From

Section A Reference and administration details

Charity name Third Space Bolton Other names charity is known by

Registered charity number (if any) 1163739

Registered charity number (if any)	116373 9

Charity's principal address	47 Limefield Road
	Bolton

	Postcode	BL1 6LA

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year Name of person (or body) entitled to appoint trustee(if any)
Mark Cowling	Executive Trustee
Simon Colvin	Secretary	Appointed 16 June 202 2 Trustees
Hudsen Daniel-Sam	Chair	Appointed 16 June 202 2 Trustees

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

TAR 1 March 2012

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Foundation Model Constitution Type of governing document

(eg. trust deed, constitution)

Charitable Incorporated Organisation How the charity is constituted

(eg. trust, association, company)

Appointed Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

Objects of constitution for Third Space Bolton To act as a resource for young people living in Bolton and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities as a means of: (a) 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; (b) advancing education; (c) relieving unemployment; (d) 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 of their youth, age, infirmity or disability, poverty or social and economic

TAR 2 March 2012

circumstances with a view to improving the conditions of life of such persons. e) The advancement of the Christian religion for the public benefit through raising awareness and understanding of religious beliefs and through outreach work

Main activities undertaken for the public benefit by Third Space Bolton To support, inspire and unite young people in Bolton through:

(a) coaching and work experience opportunities focussed on young adults, from the café hub; (b) coaching and teaching in High Schools across Bolton, focussed on Summary of the main activities teenagers; undertaken for the public (c) offering of social and exercise opportunities inside and outside the benefit in relation to these café, focussed on young adults with complex needs; objects (include within this section the statutory In accordance with The Charities Act 2006, our trustees ensure no declaration that trustees have harm is done through our work and that the benefits stated in our had regard to the guidance purposes and activities are achieved. issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

Third Space Bolton have published an Impact Report for 2022-23 - Summary of the main available on our website. It details the variety of programmes we are achievements of the charity involved in as a charity working in close partnership with high schools, during the year public and third sector organisations across our town. In the pages of this report there are some wonderful insights that tell the real story of impact and the changes people have made to their lives and those things they have achieved as a result of being part of the Third Space Bolton community. In 2022-23 we benefitted further from our decision to expand our Café hubs by renting sessional café space at Victoria Hall in Bolton town centre and St George’s Church in Farnworth. This enabled us to continue to

TAR 3 March 2012

increase our reach to young people across our town. We supported 8,500 adult participants with services including one to one conversations with Third Space Life Coaches. 600 high school students attended our in-school wellbeing sessions covering stress, anxiety, life balance, climate and the environment and drugs and alcohol. 160 practical sessions were delivered teaching skills in property refurbishment or gardening and horticulture. We wish to offer our sincere thanks to our dedicated staff team and volunteers who have worked tirelessly through this most challenging year in the life of our town. In the report we look to the future and for ways that as a charity we can expand our work further but very much in partnership with others in the town. This work would not be possible without the support of so many people and the financial support that is given through partners. These relationships help us make a tremendous impact and change people’s lives. Section E Financial review Our charity's reserves are minimal and can be spent on any of its aims. Brief statement of the charity’s policy on reserves Details of any funds materially N/A in deficit Further financial review details (Optional information) You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
● how expenditure has supported the key objectives of the charity;
● investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

TAR 4 March 2012

Full name(s) Mark Cowling Position (eg Secretary, Chair, Executive Trustee etc) Date 15/12/23

TAR 5 March 2012

			Receipts and	Receipts and	Receipts and	a	ments accounts	ments accounts		CC16a
			For the period from				To
Section A Receipts and			payments
			Unrestricted funds		Restricted funds		Endowment funds	Total	funds	Lastyear
			tothe nearest E		to the nearest E		to the nearest E	to the nearest E		to the nearest E
A1 Receipts
Grants			I	,493.04
Donations			1	,335.61
School Tradin				360.00
Other Tradin
Other charitable	activities
u tota	ross Income or		3,189
sset an	Investment sa es,
see table .
		u tota
	Total receipts
A3 Pa ments
A4 Assetand	investment
		Sub total
Net ofreceipts/(payments)				2,279		4,643			6,922	21,754
A5 Transfers	between	funds
A6 Cash fundslast year end			24,768		31 ,546				56,314	34,560
Cash funds this		yearend	22,489		26,903				49,392	56,314

			Receipts and	Receipts and	Receipts and	a	ments accounts	ments accounts		CC16a
			For the period from				To
Section A Receipts and			payments
			Unrestricted funds		Restricted funds		Endowment funds	Total	funds	Lastyear
			tothe nearest E		to the nearest E		to the nearest E	to the nearest E		to the nearest E
A1 Receipts
Grants			I	,493.04
Donations			1	,335.61
School Tradin				360.00
Other Tradin
Other charitable	activities
u tota	ross Income or		3,189
sset an	Investment sa es,
see table .
		u tota
	Total receipts
A3 Pa ments
A4 Assetand	investment
		Sub total
Net ofreceipts/(payments)				2,279		4,643			6,922	21,754
A5 Transfers	between	funds
A6 Cash fundslast year end			24,768		31 ,546				56,314	34,560
Cash funds this		yearend	22,489		26,903				49,392	56,314