## OUT OF CLASS Charity Commission no. 1177441 TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 ## **Trustees’ Annual Report for the period** **From 1[st] April 2023 To 31[st] March 2024** **Charity name: OUT OF CLASS** **Charity registration number: 1177441 Address: Out of Class C/O Spicer and Co Staple House 5 Eleanor's Cross Dunstable LU6 1SU Trustees: Daria Ivkina MacDonald (Chair) Nicola Mary Singleton (Treasurer) Katarzyna Sotek Jacqueline Mary Hinton (up to February 2024)** ## **Objectives and Activities** Out of Class aims to help young people who are academically challenged or disadvantaged to advance in life by providing equine-assisted programmes that develop their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals and advance in education and employment. In the year covered by this report, programmes provided were of two main types: 1 to 1 equine-assisted therapy; and group sessions to develop self-esteem and team working. In the period covered by this report the charity experienced a number of challenges. In particular, at very short notice, we had the opportunity to move to a new site, which was more suitable for our longer-term goals of expansion of our services. However, relocating our service took time and resources. Despite the inevitable disruption to services this caused, the CEO and her team worked hard to catch up and the number of young people supported over the year was not severely impacted. The focus of the Trustees in this year, all of whom were comparatively new to the Board, has been to review the governance procedures to provide a sound base for future development in service provision, and to support the CEO through what was a turbulent period. The position of the charity at the end of the year is a positive one and the new site provides a number of opportunities for developments in service provision going forward. ## **Achievements and Performance** Over the course of this financial year, despite the disruption of relocating, the charity has managed expand the one-to-one equine assisted therapy service as well as expand the mobile service into two more partnering schools. This means that in total over 80 children were supported with a long-term intervention having a significant impact on their mental health. The outcome data that we collect showed that all 80 children saw an improvement in at least three or more of the 8 mental health markers shown, with the biggest impact being a reduction of stress levels, increased self-esteem and improved communication skills. ## **Financial Review** ## GENERAL FlNANCIAL SUMMARY During this financial year, the charity secured all funding needed to facilitate regular projects, suitable staffing levels and maintain modest reserves. The charity has expanded its services and managed to secure an increased amount of funds in line with the increase in referrals. Our aim is for the charity to continue to grow at a manageable rate through the next few years, with a focus on diversifying our income streams. ## RESERVES SUMMARY The charity has maintained an appropriate level of restricted reserves during the financial year. However, it is our intention to focus on increasing our unrestricted reserves in line with the continuing increase in the reach of our service. ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Nicola Mary Singleton **Position (eg Secretary, Chair,** Treasurer **etc) Date** 18th September 2024 ## **Independent Examiner's Report to the Trustees of Out of Class** ## **Independent examiner's report to the trustees of OUT OF CLASS ('the Charity')** I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31[st] March 2024. ## **Responsibilities and basis of report** As the charity's trustees of the Company you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's 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: 1. accounting records were not kept in accordance with section 130 of the Charities Act; or 2. the accounts do not accord with those accounting records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any 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 report in order to enable a proper understanding of the accounts to be reached. Suzanne Spicer FCA Spicer & Co UK Limited Staple House 5 Eleanor's Cross Dunstable Bedfordshire LU6 1SU 25 July 2024 CHARITY COMMISSION FOR ENGLAND ANO WALES Receipts and payments accounts CC16a For Ihe perlod from To Section A Receipts and payments Unrestricted funds R6stn¢tod funds Endowmtrnt funds Total fun¢ts LaBt year ioth• nMr•rt £ ioth• Tr••r••t£ tOlh•n•arn￿t toth• n•4r••i£ toth• n•4r•61£ A1 Recei Donatsorts and grAn¢s 41,475 CJRS GTantS 2.212 2.212 Sub totallGross inGome lor AR) I JM7 .12B 48,975 A2 A$s•t and Inv•stm•nt $al•8, Is88 table). Sub toi•l 13.267 $4,861 •B.128 48,978 A3 Pa m•nts 28.467 28.720 987 35,163 485 Websile Commia*ion* Adrrty Motor Expenm 1¢,117 10,117 1$,14• 1,044 718 Cornpulgr¥nd exwn 718 420 37 799 54,145 Stthionery And Sundry expen*• 407 497 4J,152 Sub total 39. A4 Asset and Investment urchases, Isee table Horsesnd ts51er La￿0p 500 Sub total 46,784 80.662 54,145 Net ofre¢eipts/{paymentsJ AS Trznsfers between funds A6 Cash funds last year end Cash funds this yèarend 17,476 5,170 487 $,657 487 9,399 17,963 CCXX R1 xcounts ISSI 0110812024 Section B Statement of assets and liabilities at the end of the period fvnd• Catggorfo• to n•w••t£ 81 Ca•h fvnd• Total c•sh fund8 884 fund• Detans 84 AM•t• r•taln•d for th• 85 U4￿￿kn• F¥int N érf CCXX R2 (ss) 011)W2tr24