Trustees. Annual Report for the period Pe•od slart da PeThod eno iie From Section A Reference and administration details Charily name Far Chance Foundation Oth•r n•m•s ¢harity Is known by,, R•glst•r•d ch•rfty number Ikl •nyl 1171316 Ch4rity'$ prin¢ip•l addre•g." l Bedlord Ro&J 1HU Namu olth• ¢h•rlty trut••• m•n•gè th• charity Tru•kn• n•m• ¢• irt ot 10 lor body)•nbt •n Sumir K¥yf- Chairman Come Kaiayi (née Popel- DIr10[ Willl Enndn- Tre8wrer 10 12 13 14 15 17 18 19 20 Namm of th• trwt•M lor th• chailty, ff •ny. (for •x•npl•, any ¢ubtodl•n tr1¢) Dats* 4¢t•d rf not lor twhole TAR Irth 2012
N•m•s and dresSeS of od¥is•TS (Optional infowmationl Txpg of •dvis•i Name Address Namg of ¢hl•l •x•cutiv? or ftme• ol wnior stsll mgmberj (Oty'onal infomiotionl Section B Structure, overnance and mana ement Deserfptlon th• cWty'• tru•ts Type ol goweinfftg doctsmnt, cOnlIVI)n- I janu 2017 H4 th¢ charty Is 08111ted cio Trustee melMThts Apw)wil•d by a res01? passèd ai a prOFor wwenetl mpeling ol t chaiity trust¢ Addltlonal gov•rn•nce i•uo IOpts"¢)n•l informatl¢)nl You may choom lo Incwe Jdilion•l lorMatIon. wh•r• relev1. about pol and Pfo¢edwos athpled for the iryjuction and Iraning of trusle•s'. Ih? charity's organtsalionar $trudurè end w¥Jef works", rtb)nship wilh any rewed . truslees, eonsk1er81n of m8jor risks and Ihe $ern and pro¢•dure8 to menffje them. Section C Ob ectives and activities TAR 2012
To advance thé edalK)n ol ¢hibJren and young athjlts in developing Cntr. in but exdu5ively by". • Researching attitudes ltyardS eduCaln as a [Tls to erKI poverty and g8nder ts.as and publhiThJ the useful 8utt$.. . c¥elon9 intervent¥)ns,' FoFmaily researching and publishing Intervert$ and oui¢orres: D8veh)pl'TrJ guKles and promotiThJ the research to hdp policy makers make Infornl choKes atxjul which trventionS are lo have mtssl impact. and . ProvKling direct wjpport for educalw to chddren 8nd young adufts. Summary ofthe objects of the ¢h•rity s•t out in it¥ governing docum•nt a vie to Tel1n9 and Improvi their life chances. Fund an Kllon reuarch proiect Fair Chance Foundal¥)n conlinue$ lo knid an adion regeweh project with Ihe Univer5rty of seeks lo determine the gendered fa¢lcw8 that contribule lo ethJc8lK)nal SSS ICK young rople In Haryana, In(tha. Harya exper s1gnrfaDl 98nder.based pr&lices that offect Ihe ats'kty of ysJJng Pgopk to access remain wlhin the educalion sysiem. and to WOgr855 into hhOr educalK)n. proj'ect IWelor• focusses on gendered social relatK$ and gender derenCeS in thoices. obst8 and opportunrts for youn9 people as they progress through the edu¢Ksn sysiem. and ulimatety Intepds lo devise inlervenlK)ng that can "ng abotrt posrtwe xool eh8nge. The project desKJn has ten developod in with I Unprnsty ol W¥wk a core group of Indian partners. In addthn. Ihe project Incorw)r8les ts¥o lully-lunded doctorate8. c0ntn.butlr lo capacty LMJihJiNJ In hJheT Èducation. Fund ¢hlldr•n •r•d young •d, •d•tIon FaK chaft Foundatw)n funds th• d o ywig adult in Co RKa. 8wnmwy of th• maln ctlvNIM und•rtAk•n for th• publ1¢ b•n•fit In rnlatlon to thM• obJ'Kl8 Iln¢lud• ithln th1• ••ction the •t•lirtory declr•tion th•t trut¢rf hav• h•d rng•nt to th• guldafic• l••u•d by th• Ch•flty Commimlon on publk b•n•fft) Pay fN Ihe hp3h8r educthi ofa n9 adun in Co8ta R (UnNersty fe061 The 1rngtee5 tskèn the Charty CwfiSWn'S wblK benefft guKlonce inlo 8CCOLKrt by revIlfi0 bl when pl•nn¥vJ xtNitl8s for the TAR
YSYJ may ¢hoos• io include lurther statement5. whwe reknnl. at>t.. li on grantmakng.. icy PfO9ramme rotraled Investrn1'. cl11butn mède ¥CAteerS. TAR arth 2012
Secio- O =b i JèrDenls ar,. Jerfc.'Tra?= Summary of the rnain achi•vemvnts ol th• charity during the yèar Acts'on R•arch P •Gt with th• Urtivers rwick 1. Pro1 ov•Thiew The is broadty 5phl rfo 3 phase5 ofwork Sj ¢)¥er 4 y. Work stwled Phase I In ihe preVu5 year at stsrt, and has conlinued thro(W Into 2023 2. Deli¥•rabl•# in th• 12 months a. ProRd actNity •Re ch Instrnments d 2023 Th• re5ewth In4wments for Phase l of the siudy We das19, including Interv th tnstrtuth.onal IBaders fKuty nmI)erS and undefgraduate SlUds. 14rus groups with students. (hary study wilh lacully meml)ers que$lnn're suNeys wAh fxuKy mmbers and students The instrumènts were earefulty deshJnJ and Ihen evaluated in the InstrUnI Devewwt Wthshop hekl al INaThvick durry Dr SabhaTh¥als vort in Marth 2023. A il lokl 23 The Phase 1 Pibl sludy was eonduded in a Col on the outskns ol D•kni the prQ¥ visrt in lat• AprIltra May 2023. All in5trurn8nts Yre trbaljed and bro&Jty sp8akirvJ We found lo be successful, ith lèrKnIS made afterwafds. The data trc4n the pt udy we in Ihe woce8s of b•n9 inputted and te ans¢d lo prc>Jur an em£ 0pUt. fin - Janu lo October 2023 The r¢seaich Instruments were ftsfined loJkjwg on frtyn Ihe stimty. in tThe lo present Ihege to Ihe Stale Re8ewth Tewro m the P)vember 2023 ¥rtJrkshop . ReclurtpnI 18 a¢•Jemi¥ auos$ 6 stale teams wef• 861U1 in w•p8rath)n ft>r th• ma fthrk ol phase 1 start9 eaty 2024. The full membef •nd thelT res1 slat• t•ams Kl home InstrtutK)n$ can be lound T Thr¢• acaderyn from •xh slate were invit to Dehi for RMW1. Ib)st•J by NIEPA. th• r•s•¥ch le presented cffi tho projec, drus8ed Sludy imthrnentatw and InStrurls. Th• state res¢arch lfram5 ajso eh delIrj g pre8ental•J) thew in51ilulw)n$ 5tste high8f a43110n ctyIt•Mt, of the w86 Ccffjsolhlatsd inlerattNe activrties. The A*re further refined and Ihen findknj aftw tho event. TAA IAwth 2012
The pr(4ect Is I00¥n9 a rigorou$ ethical 8pwoval process
al WarvKk Ic(xnmrttee. HSSRECI arKI IhL8 Involves
2king sulThsK)ns lo the commrttee when amendrTn
are m Arnen¢nerrts were made ahead ofand
IclSThvmg on from the pilot tuty, and m ȥh case
approva g¥anied to prc
,?wernt-P'iq 3d =rtoiniafj-e ol provi(Jing a summary ol woiect i?ews lo èl our State Research Team nmbew5 across instrtuiions in lThJia, bl interested parts. d. L1ssenThnatn actmties Ptof Stewart and Or Hendèrson chaired Ihe seminar on'A study Io 8dvarth gender equalty In Higher EducatKJn in India, at wal¢k • DeVepment ol the Research Impact Webpage for dSeinaln * Wapmick. 'Supporting Gefirter SenslNe Hi9her EduCaln Access and Cho in India' Researth Imp8Ct August 2023 DT Sabhanwal attende(J Ihe"Addressing the Fligher Edu¢alKJn equrty knnsL%" meeling. Oxford Universty Septembef 2023 • A publKalion in an academK journal Buildlng oulfea¢h eullure" artrle in the Polry Fulufes Joumal, October 2023 • Dr Henderson met wrth Dr Manika Bora. A8tnI Piole560r at O. P. Jindal Gljbal Universty. 8ThJ group ol oth8r colle•aues. to discuss th& ke themes ofth8 woject, November 2023 • Dr Henderoon I Pfof Vbneela Sirohi, Departftnl of Educats'onal Adminis1ral at NIEPA. New Dethi be( 2023 • A ebThJ with Piol PaTrJit and Prof Kaur. vi8itSn ¥hol3rs from Kashmir. was held al WarwKk in November 2023 • A meetsThJ with Dr Mikateko M#114. UnNeTsIty of the Free Slate, South Afr, was hèld in Decembtr 2023 C Mathebula is a memtr of the wcyerfs Re8eafch Commrttee. 3. &m¥n•ry (rf wol•cl progr••• frm th• Prln¢lp•l C Th6 has wtteeded in a sali8f• mannèr m acc¥Jrdance wAh the pWI Some delays have been irurred Itgh b(e trnn9adns betsen aTrJ inrtthJns, Ixjl thè prcyed is still oxpecled to the gxpthd outeonw the prc¥ t#Y6c. v regularty prc3Tess against the tifflIne kn rd•r to assess Ony unavo>a8bkn delays can rThtvJaled by e.g., overlappry streams of •Aivity. Plans ts 2024 indude the Phax 1 fieklwth beirvJ undertaken in 6 slales by Il stale research te8m•, vjduding a team visit 10 80n of Iha fk1woth sitO8. Ihe c(d Real Methcthw Kbrkgf•) where the data w711 té an8ty58d. I1 fvwl'slrKJ of a paper to be sut#nmod to the CPRHE Rosewch Py fomowng cffj from anatysis of the pibt sludy.dala. std a r*• in Intha wilh Van Care under the Lkjayan Shalini Feknvship proied ¥thore we are SUPEI1J 10 Shalini irt8 frcffl f>ad8 11 unll th lete their duation. The Shalinis 2012 TAR
Spci'o- h eve.'nènls perforntsnce come frTrm underpriviged backgrounds <ind are currenity studying in Grade 12 in a Hindi Medium govemmeni school Nda. We have ptovhJe¢J them with medul insuran. gi¥en them hygne kits an orgwhiset18 wthsliLV for them on oynmunKson skills. SpThMor ilnlvwsity •ludent in Costs Ri¢4 le are sp(ffiywing a stthyenl. FlfftlLry Mqi0s SaKho, to study Advertigng at the Lat*) UnNety of sCnCe and Tethnokgy in Cosla RKa. Cwporate donalws from IE Ltd 1E Ltd empbye• lundrawng for Ca [knalS from private &)Tr)rs TAR 2012
Seciioli O Arh.eOe.en'.S afjd cerlo'w.a'i-e TAR •rt* 2012
Section E Financial review The Far Chae Fc¥JndaiL)n is funded pnmaTIty wilh don8tKsns from l E LMThted wlvj have c(#Th)Nlled to aws ensure thai sulfnt funding is avalable to IT( the Foundattt)n'$118tJlil$ therefo there is r requKemenl lor the dwbty to have a reseNe5 pol Brief stat•mont ol the chmi's policy on r•sTheJ D•tail• ol any funds m•t•rfally In d•fi¢it None Further flNfKlal rn¥ifft¥ drt•S IOthnl infonn•tlon} The Fair Ch•)¢e FoUnda1b.$ source of donalws from 1E Limrted. 8 software company. wNale dorx)rs. You fflay ehoou to ilUde addrtb)nal Informatw)n. where relevanl about the chanty'8 sour¢¢$ of linchbji any fundr8ffjir¥Jl-, expendrture has SUPWfted the key obj¢¢lv4es of Ihe chwty. investmenl F<licy ObjedN inchjth'rva ary elhical inv¢slITt Fthl adopt1. The Chty's (yeratK¥J exFen5e$ are min1 and all funds are d151rQJuted Io causes support&J by It Faif Chance FoundK)n a8 Jlkned abwe Section F Other optional information Section G Declaratioii Th• truJt•e• d•clare thai they hav• •pprov•d the trusteès. r¢p(t above. 31gn•tsw¥l•) Full n•m•(l PlUn (•g S•v•tsry. Chlr. Corrie Kw. Inée Pwl Ik4m Edmndson 17/10/£* 10 arth 2012 TAR
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Fair Chance Foundation No (if any)
1171316
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/2023 31/12/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 127,499 - - 127,499 135,090
Fundraising Events - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
127,499 - - 127,499 135,090
AR)
A2 Asset and investment sales,
(see table).
- - -
- - - - -
Sub total - - - - -
Total receipts 127,499 - - 127,499 135,090
A3 Payments
Charitable Disbursements 131,656 - - 131,656 135,000
Charity Expense 50 - - 50 50
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 131,706 ] - - 131,706 135,050
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 131,706 - - 131,706 135,050
Net of receipts/(payments) - 4,207 - - - 4,207 40
A5 Transfers between funds - - - - -
A6 Cash funds last year end 5,584 - - 5,584 5,544
Cash funds this year end 1,377 - - 1,377 5,584
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Section B Statement of assets and liabilities at the end of the period
Unrestricted Restricted Endowment funds funds 28/10/2024 funds
CCXX R1 accounts (SS) Categories
Categories
1
Details
| Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities CCXX R2 accounts (SS) |
(agree balances with receipts and payments account(s)) Bank Balance 31/12/2023 Total cash funds Details Details Details Details Signature 2 |
to nearest £ to nearest £ 1,377 - - - - - 1,377 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name WS Edmondson |
to nearest £ - - - |
|---|---|---|---|
| - OK |
|||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 28/10/2024 28/10/2024 |
Signed by one or two trustees on behalf of all the trustees
Independent examinees report to t[ trustees of Fair Chance Foundation I report to the trustees on my examinatiofi of the accounts of Fair Chance Foundation Ithe Foundation) for the year ended 31 December 2023. Responslblllties and basis of report As the charity trustees of the Foundation you are responsible for the preparation of the accounts In accordance with the requirements of the Charities Act 20111'the ACVI. I report in respect of my examination of the Foundation's accounts ¢arried out under section 145 of the 2011 Act and in Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examinee5 Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. accounting records were not kept in respect of the Foundation as required by section 130 of the Act,. or 2. the accounts do not accord with those records. 3. the accounts do not comply with the applicable requirements concerning the form and content of account5 set out in the Charitie5 laccounts and reports) regulations 21K18 other than any requirement that the accounts give a true and fair 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 connettion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reached. Signed.. , ., Name.. Hazel Day BSC FCA DChA Address.. Tudorjohn Limited, Nightingale House, 4648 East Street, Ep50m. Surrey KT17 IHQ Date.. 22nd October 2024.