2024-04-05-accounts

Trustees’ Annual Report for the period

From: 6 April 2023 To:

5 April 2024

Charity name: Olivia Inspires

Charity registration number: 1181719

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Olivia Inspires assists children and young people aged 11 to 18 years (and in addition, pupils of Milford-on-Sea primary school) who live or are educated in the New Forest District Council area and who are facing financial hardship, to realise their potential in STEM (science, technology, engineering and mathematics), the arts and sport.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Olivia Inspires seeks to achieve its objects by awarding grants of money, normally no more than £500, to provide items or services directly to the young person. For example, this could include the purchase of a camera to help a young person develop their already proven interest in photography or to fund a vocational course in environmental education.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All Trustees have received a copy of the Charity Commission publication, Public Benefit: the public benefit requirement (PB1) and have regard to the guidance contained within when reviewing the charity's aims and objectives, in planning future activities, and setting the grant making policyfor theperiod.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Grant Awards The period covered by this report was our most successful yet, Grants awarded totalled over £26,600 which represents a more than 80% increase on the previous year. In total nearly 160 young people were helped by Olivia Inspires during the year which also represents a 45% increase year on year. Olivia Inspires Sail Training Voyages After last year’s success of our trial voyage and with the assistance of the balance of the £10,000 of funding from Hampshire and Isle of Wight Community Foundation’s Charles Burnett Memorial Fund we offered 5-day fully funded sailing voyages with our partner, the Rona Sailing Project to all secondary schools and colleges in the NFDC district. A total of 7 voyages took place and 78 disadvantaged pupils benefited from the transformative experience. Eaglewood School We continued our funding throughout the period for a further 9 students to participate in the New Forest Bike Project’s “Build a Bike” course during which they rebuild a scrap bike, learning valuable skills and getting to take the completed bike home at the end of the course. Woodlanders Course Olivia Inspires funding enabled 3 young people to complete their 2-year vocational course in traditional woodland skills, the Woodlanders Course. The course provides the young people with a portfolio of skills

which will be a good fit for college, particularly land-based courses. Another award saw a further 4 young people embark on the course. portFOLIO Course Our portFOLIO project in collaboration with Spudworks and Folio, the New Forest’s umbrella arts organisation proved to be really exciting! Professional artist Stephanie James worked with 6 young artists developing new skills and building confidence. The Brilliant Club New for this year was a project to bring the Brilliant Club’s Scholars Programme into New Forest schools. The programme is for disadvantaged young people who participate in an inspiring university-style course, taught by world-class PhD researchers through a series of tutorials, culminating in a challenging final assignment. The programme aims to build the pupils’ knowledge, skills and confidence to apply to the most competitive universities. The first iteration saw 10 young people, under the guidance of a PhD student from Southampton University investigate novel form of energy generation. Peripatetic Music Lessons 17 disadvantaged pupils from a New Forest School were able to access music lessons thanks to Olivia Inspires funding. Instruments included guitar, keyboards and voice. The project concluded with a concert and the lessons made a big impact, improving attendance and confidence. Other Awards

There were also 24 grants awarded to individual applicants to fund activities including sports, IT and college courses.

This is by no means an exhaustive list but gives a flavour of the diverse range of activities that Olivia Inspires supports.

Fundraising

We were grateful to receive continued support from University College, Durham (Olivia’s college) and the university sailing club who took part in a number of

fundraising activities during the year and raised an impressive amount of money for Olivia’s charity. We also received generous donations from Highcliffe and Christchurch Rotary Clubs, the Lions Club of New Milton, Milford on Sea WI, Milford on Sea Girl Guiding, Freemasons in the Community and New Forest Business Partnership. The trustees would also like to thank the many private individuals who made donations to Olivia Inspires. Other Notable Achievements Once again Olivia Inspires attended events with the highlights being the New Forest Show, New Milton Youth Festival and Fawley’s Family Day. Recognition for our achievements came when we were named Charity of the Year in the Not-For-Profit section of the New Forest Brilliance in Business Awards.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Olivia Inspires is a going concern. Income exceeds expenditure during the period so Olivia Inspires has not had to limit activities due tofinancialconstraints.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Olivia Inspires has no paid staff or property so there is no need to hold a financial reserve to cater for this.
Amount of reservesheld	Para 1.22	None
Reasons for holding zero reserves	Para 1.22	See above
Details of fund materially in deficit	Para 1.24	There are none.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are none.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution (last amended): 18/08/2021
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by the founders of Olivia Inspires

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Olivia Inspires
Other name the charity uses	n/a
Registered charity number	1181719
Charity’s principal address	Olivia Inspires PO Box 459 Lymington SO41 1FS

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Nigel Burt	Chairman and co- founder
	Paula Burt	Co-founder
	Alistair Brien
	Hilary Makin
	Annabel Taylor

Corporate trustees – names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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) Position (eg Secretary, Chair, etc) Date
	Nigel Burt	Paula Jane Burt
	Chair	Founder and trustee
	8 January 2025
	8 January 2025

CHARITY COMMISSION FOR ENGLAND AND WALIS Olivia Inspir•s Receipts and payments accounts CC16a For thè ptrlod from 05-Aw-24 Section A Receipts and payments Unresiricted funds Restricied funds Endowment funds Total funds Last year to the [￿arest tothe neaTest £ tothe neatest £ tothe nearest lott￿ neatest £ A1 Receipts ants. dorth)ns fiJ[xal￿ Interest 27,814 27,B14 37.363 387 Sub total(Gross income for AR) 29,717 29,717 37,7 A2 Asset and invesiment sales, Isoè tabltl. Sub tot•1 aaaa 29,717 37,750 A3 Pavm•nts (ants ￿ do[￿￿0￿5 paid C051 offvndmsing Ir￿[2￿ Pnnliw. p)sl•Je, stsbonery, ccryuter expense5 Bank th￿ge$ 20.528 1,369 &100 26,628 14.141 355 192 412 472 182 Sub total 22.433 6.100 28,533 15.534 A4 Asset and investment purehasès, (sèè tabl•l Sub tot41 Total payments 22.433 6.100 15.534 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds lasi y•ar •nd Cash funds this year end 7,28 8.100 22,216 131.000 6.100 137.100 114.884 138,284 138,284 137,100 CCXX R1 acc￿t$ Issi 21n112025

Section B Statement of assets and liabilities at the end of the period Unrestricted funds to neate5t£ Restricted funds to neatest £ Endowment funds 10 nparest £ Cat•qori•s D•tai1s 81 Cash funds 101.394 CurrurtAcuKv Total cash funds 138,284 Unrestricted funds to neattst£ Restricted funds 10 Iie8tÈst £ Endowment funds nÈarest£ Details 82 Other monetary ass•ts FUKI towhich asset bel CostlqAionall Cwtent valup Details 83 Investment assets Fund io whKh asset bel C￿Te￿I Detai15 Cost lepilcrf)fyll 84 Assets retained for th• charivs own use to Whlch relates Junt d Details 86 Llabllltles Signed trustees on behaw of di the Inslees SvJnature Print Name Date of approval Nyel Burt 3011012024 Paula Burt 10r2024 CCXX R2 accolmts l&SI 21NJ112025

] CHARITY COMMISSION I FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report R•port to tho truste0$1 membèrs of Olivla Inspires On accounts for the year •ndod 5 April 2024 Charlty no lif any) 1181719 Sat out on pago$ I report to the trustees on my examination of the accounts of the above charity {1he Trust") for the year ended 0510412024. R••ponslbllftles and As thè charity trustees of the Trust, you are responsible for the preparation basi8 of report of the accounts in accordance wlh the requirements of the Charrties Acl 01 l {Klh¥ Ad.). I r8POrt in resp8Ct of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Direction8 given by the Charity Commission under section 145(5)(b) of the Acl. I have ¢ompleled my examination. I confinn that no material matters have come to my attention (other than that disclosed tslow ') in connection vrith the examinab'on which gNes me Cause to believe that in, any material re8pect.' accounting record8 were not kept in accordance ts￿1h section 130 of the Act or the accounts do not ac￿rd with the accounting records Independent examinerfs statement I have no cOn￿mS and have come across no other matters in connection with ihe examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Slgn•d: Dat•: Name: Phillip Johnson Relevant professlonal qualification{g) or body Ilf anyl: ACCA Addrnss: 24 Merdon Avenue Chandler's Ford Eastleigh, S053 1 EJ IER October 2018

Spctioii 8 Dis¢losure Only cornplete if the examEner need8 to h5ghlight matter8 of conoefn (see CC32, Ind0pBnd•nt 8x*ninatK>n of charity arKDunls'. (l.￿Ctic(￿ arnl gLtidanca for examiners) There are ncna. Glve here br￿1 dotails ot any it•rn8 that the 0xami￿r wi•he$ to di4cIose. IÉR October 2D18