Thrive Alive
Annual Report
31 March 2023 – 31 March 2024
Financial Statement
A financial breakdown of the income and expenditure related to Thrive Alive has been provided alongside this annual report. The income and expenditure report breaks down the significant areas of each of these domains. Over the last financial year Thrive Alive has consistently continued to apply for grant funding and whilst not always successful the awards that have come in have made a difference to the activities, we have been able to offer. The considerable change this financial year is the decision to revert to everyone being on volunteer status thus not having to pay wages anymore. This decision was taken to ensure the sustainability of the organisation and will be reviewed again in the future.
Thrive Alive has been through a period of change over the last 12 months with the management team continuing to meet our commitments to the holiday clubs and the advice and guidance we offer to children and families within the community. Thrive Alive is currently looking at what other opportunities may exist within the community to maximise its impact.
As a leadership team we remain satisfied that the current number of trustees is sufficient for an organisation of our size. The current trustees are listed below.
Tim Harvey - Trustee
Heather Rowe - Trustee
Graham Rounding – Trustee
Should the organisation see growth over the next reporting period, the trustees will need to consider if it is appropriate to seek to appoint another trustee.
Asset Review
Thrive Alive does not have a building to meet in, therefore we are reliant on renting rooms
from other local organisations. We have made positive connections with local organisations and business with regards to this. Thrive Alive does own a variety of activities and resources and these currently meet our needs.
Core Offer
Thrive Alive’s charitable objectives as set out in our governing document are.
‘TO ACT AS A RESOURCE FOR YOUNG PEOPLE LIVING WITHIN THE BOROUGHS OF FILEY, SCARBOROUGH, WHITBY AND RYEDALE IN THE COUNTY OF NORTH YORKSHIRE, AMONGST CHILDREN WHO ARE AT RISK OF EXCLUSION DUE TO THEIR ADDITIONAL NEEDS AND SOCIAL DISADVANTAGE IN BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL, EDUCATIONAL AND OTHER ACTIVITIES’.
These objectives remain true to our core offer and therefore there is no need for them to be updated at this time.
Partnerships
Thrive Alive continues to sustain many local links within the community, however at this time we are looking at what different links we can make to maximise the support we can offer. It is not possible to report on this at this time, but the progress will be clear over the next 12 months.
OFFICIAL
Progression Analysis
Over the last year Thrive Alive has been through a period of change as we have responded to changes in the financial circumstances around us, the need in the local area and the opportunities that are available to us. Within this we have to establish how we can maximise the impact the charity has whilst making it sustainable for the volunteers who work alongside their commitment. A review of our core offer will be ongoing over the next few months, and we plan to report back on this over the next financial year. In the interim we continue to meet our commitments within the holiday clubs and to engaging with the families who needs support, advice and guidance.
Tim Harvey
Charity Lead
24.4.2
OFFICIAL
Thrive Alive Annual Financial Report 31[st] March 2023 – 31[st] March 2024
Thrive Alive has not passed the threshold to require independently audited accounts. This financial overview is to inform the trustees and the Charity Commission on the financial position during this financial year. Thrive Alive had an income of £5,104.02 and an expenditure of £4064.59 during the financial year.
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Thrive Alive Income and
Expenditure
Income Expenditure
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It is important to establish a breakdown in respect of the income and expenditure so that we can analyses the themes of growth within the organisation. Thrive Alive received £1,354.02 in Gift Aid. We continue to ensure that this is claimed monthly, so we are ensuring that we are utilising this effectively. Thrive Alive has received £2,500 in donations and £1250 in grants.
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Income Breakdown
Gift aid Donations Grants
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Expenditure
Thrive Alive has been through a period of change over the last 12 months. As an organisation we are considering how we offer support within the local community. The one area that has remained constant is our commitment to providing free holiday clubs and this has been the significant expenditure over the last financial year. Thrive Alive no longer has any employees and everything the organisation does is through volunteers.
OFFICIAL