CHARITY COMMISSION FOR ENGIAND AND WALES Trustees, Annual Report for the period From: 6 April 2024 To: 5 April 2025 Charity name: Olivia In8pire3 Charity registration number: 1181719 Objectives and Activities SORP r•f•r•nc* Summary of the PUTposes of the charity as set out in its governing document Parn 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 liY¢ or ar¢ ¢duGat¢d in lh¢ Npyi Forgst District Council area and who are facing financial hardship. lo realis8 their pot8ntial in STEM {s¢ients, technology, engineering and mathematics), the arts and sport. Summary of the main activities in relation lo those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Par• 1.17 •rKI 1.19 Olivia Inspires seeks to achieve its objects by awarding grants of money, normally no more than £500. to provide items or servirks directly to the young person. For examplè, this Could include the purchase of a camera to help a young person develop their already proven interest in pholography or lo fund a vocational course in environmental education. Statement confirming whether the twslees have had regard to the guidance issued by the Charity Commission on public benefit P¥rn118 All Trustees have received a copy of the Charity Commission publication, Public Benefit: the public benefit requirement IPBII and have regard to the guidance contained within when reviewing the charity's aims and objectives, in planning future activrf(ies, and setting the grant making policy for the period. Additional infomiation (optional) You ma choose to indude furth8r statements vthere relevant about.. SORP ref¢renc• Para 1.38 Policy on grant making PaM1.38 Policy on social investment including program ￿lated Investment P*a 1.38 Contribution made by volunteers Other Achievements and Perforniance SORP r¢terwc• Grant Awirdg Summary of the main achievements of the chanty. identifying the difference the charity's work has made to the circumslanc8s of its beneficiaries and any wider benefrts to society as a vthole. The period covered by this report saw numerous notable suc￿Sses, many of which are detailed below. Grants awarded totalled over £32,400 which represents a mor6 than 20% increase on the previous year. In total nearfy 145 young Feople were helped by Olivia Inspires during the year. Para 1.20 Olivia In•pirM Sail Training Voyage¥ Continuing the su¢ce$s of previous years, voyages we once again offered 5-day fully funded sailing voyages with Ouf partner, the Rona Sailing Project to all secondary schools and colleges in the NFDC distric*. A totsl of 5 voyages took place and 48 disadvantaged pupils benefited from the experience. Eaglewood School We continued our fundinq throuqhoul the period for a further 11 students to Participate in the New Forest Bike Project's 'Build a Bike. course durtng vthich they rebuild a scrap bike, leaming valuable skills and getting io tske the completed bike home at the end of Ihe course. Woodlanders Cours• Olivia Inspires funding enabled 3 year 11 pupils from Priestlands Sthool in Lymington to complete their 2-year vocational course in traditional woodland skills. the Woodlander5 Course. We vRre delighted that we were able to lund a further 7 year 10 Priestlands pupils to commence the first year of the course. The course provides the youn9 people vAth portfolio of skills which will be a good fit for college, partbcularly land-based courses. portFOUO Courno We were able to continue our portFOLIO project in collaboralion wrth Spudworks and Folio, the New FO￿sI,S UMb￿lIa arts organisation. The exciting project On￿ again enabled professional artist Stephanie James to work with 9 budding young artists developing new skills and building confidence. Peripatetlc Mu8lc Lessons Follo￿￿n9 on from Ihe success of last year's funding for music lessons at New Forest Academy. thi5 year we were delightèd to provide funding for 30 disadvantaged pupils to access musi¢ lessons. Thanks to our funding the young people studied instruments including guitar, keyboards and voice. Other Awards There wlere also 17 grants awarded to individual applicants lo fund activities including sports, music and ¢ollege Gourses. This is by no means an exhaustive list but gives a flavour of the wide range of activities that Olivia Inspires has supported during the year. Fundralglng Once again, we were grateful to receiv6 support from University College, Durham (Olivia's college) whose students took part in 3 nUrn￿r of fundr31gllNJ 3Clivitlgg dunng th8 year and raised an impressive amount of money for Olivia's charity. We also re￿iVed generous donat￿n$ from Bransgore. Highdiffe and Christchurch Rotary Clubs, Mifford on Sea Tennis Club and we held very $u¢ce$sful Christmas ¢olledions in Lymington and at Tesco in New Mitton. The trustees would also like to thank the many private individuals who mad8 donations to Olivia Inspires. Olivia In$pir•s was also chosen as the Lymington Mayors chanty and was also mado charity of tho yoar for WOod￿ckerS Care Home in Brockenhurst arKI The Quench Coffee Shop in New Milton. Other Notable Achievomonts Once again Olivia Inspires attended events with the highlights being the Lymington'8 Picnic in the Park and Fawley's Armed Forces Day. Additional infomiation loptlonal) You ma choose to include further statements where relevant about.. Achievements against objective5 set Pwa 1.41 Performance of fundraising activities against objectives set PaFa 1.41 Investment perfonnance against objectives Para 1.41 Other Financial Review Review of the chanty's rinancial position at the end of the period P¥a 1.21 Olivia Inspires is a going COn￿M. Income almost exactly matched expenditure during the period so Olivia Inspires has not had to limit activities due to financial constraints. Cash in the bank is extrem81 ositive. Olivia Inspi￿$ has no paid staff or property so there is no need to hold a financial reserve to cater for this. None See atM)ve Statement exptaining the policy for holding reserves siatin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in defi¢rt Explanation of any uncertainties about the charity continuir@ as a going concem Para 1.22 P¥r• 1.22 Par? 1.22 Para 1.24 There are none. Para 1.23 There are none. Additional bnfommtion loption•l) You ma choose to include further statements where re￿vant atout" The ¢harity'8 principal sources of funds (including any fundraising) Pam 1.47 Investment policy and objectives induding any social investment policy adopted ParB 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 goveming document Par¥ 1.25 ConstitLrtion {last amended).. 1810812021 How is the charily constituted? 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 enlitled to appoint one or more trustees Para 1.25 Appointed by the founders of Olivia Inspires Additional infomiatlon {optlonall You ma 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 ne￿rk with which the chanty works P#rn 1.51 Relationship wrth any related parties Para 1.51 Other Reference and Administrative details Chari name Other n8me the chari uses Re istered charit number Charily s principal address Oliwa Ins nla 1181719 Olivia Inspires PO Box 459 Lymington S041 1FS ires Names of the charity trustees who manage the charity Datss acted rf not for whobe ear Trusts¢ name OffiGo lif any) Nam? of pergon lor body) entitled Int tru8tse Ifan Nigel Burt Chairman and co- founder Paula Burt CTrfounder Alistair Brien Hilary Makin Annabel Taylor 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the d1￿ctorS at the date th8 re Dlrector namè ortwasa roved Name of trustees holding title to property belonging to the charty Tru•tee nam• Datss act•d If not for whole ear Funds held as custodian trustees on behalf of others Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls Imthin the custodian charity's objects rLla Details of arrangements for safe custody and segregation of SUGh assets from the charity's own assets nla Addltlonal Infomiatlon (optional) Namfrs and addros888 of advls¢rs Ioplional infomiatlon) TY￿ ol Name adviser Name of chief exocutivo or names of senlor staff members (Optlonal Infomiation) Exemptions from disclosure Reason for non4isclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on bohalf of the charity's trustoes Signaturels) Full name(s) Position (eg Secretary• Chalr, etc) Nigel Burt Paula Jane Burt Chair of trustees Founder and trustee 8 January 2025 CHARITY COMMISSION Fott ENGiAND >J4D WALES Ollvla Irw&plrn# Receipts and payments accounts CC16a For the perlod To r-24 _25 Section A Receipts and payments Unrestrlcted funds Restrlcted Endowment funds Total fund• Last year A1 Recel Grants, fuThJra Intsre51 27￿14 1,903 10 Sub totsifGw incom& for AR) A2 Asut and Inv•8tm•nt salo8, {￿e tsblel. 29,717 Sub total Total tKelpts 32 31440 29,717 A3Pa Grants donatsons C051 of￿￿0￿ Insuran PriniirvJ. r(étsp, siaticw, ccry expenses BanK G*arge8 31435 26,628 472 Sub total A4 Asset and IMI￿lm•rt urcha8•8. ••• tabl• Sub total 28,633 Net of reCeIpt￿(PaYM￿rt￿) AS Trnn8hr8 between lundg A6 Cash lundts last y￿r end Cash funds thls ymr end 816 1.1B4 138.284 137,1 138.284 1J7.888 137,100 138,284 CCXX R1 aGgJunts ISSI 0211012025 Section B Statement of assets and liabilities at the end of the period Unre•tricted funds to £ Re•trlct?d fund• Endowment funds to n•ar••t£ B1 C46h funds 109,470 Total ¢a8h funds 137. Endowmont fund funds funds to m•arnBi£ to n•arwt£ Fund to*thlch rrft lopb"¢)n•ll Currgntv•l Dc-t3ils Fund 10 *hkh Curr•nt valug onal DÈtailN B4 A880ts rntalnod for thg ¢h•rlty'8 own u8• -ll-Rl- Fuhdts whlch Amourt¢u• Wh•n du• OMI 86 Uabllltla8 s￿n8[1 by ong or fyvo tru8Tr95 on bghatt of all th8 tru518es Syn8tsxe Pnnt Name Date of rov81 Nwl gurt 0311012026 Paulg Burt 0>10r2025 CCXX R2 Kcourts ISSI 10r2025 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Olma InsrNres On accounts for tho y•ar 5 Awil 2025 Charlty no {If any) 1181719 Set out on pages I rewrt to the trustees (m my examinatmjn of the accounts of above charity (Ihe Trrf) for the year ended OS04r2024. Rosponsibilitles and As the charity trustees of the Trust, you are responsible for the preparation basis of rewt of the acC￿ntS in a(X(xd￿ TAryth the requirements of the Charities Act 2011 Ad'j. I reFKfft in resped of my examination of the Trusfs accounts carried out under se(*on 145 of the 2011 Act and in carrying oui my examination. I have follo￿Ed the applicatAe Dire(Aions gNen by the Charrty Commission under sedion 145(5)(b) of the Act. I have completed my ex￿InatiOn. I c￿￿rni that rK) material matters have come to my attention (other than that disdosed below") in connection with the examination wtr¥ch gives Iiie cause to t￿lieVe that in, any material respect: accounbng records were rK)t kept in accA)rdance with sectK)n 130 of the Act or Independent examinerfs statement I have no rA)ncems and have CL¥ne across no other matters in conneth.on wrth the examination to whith attention sh(yJkl be drawn in ￿der lo enable proper undefStaTrAing of the accounts to be rea&￿d. . Plea te the words in the brackets rfthey do not apply. Signed: Phillip Johrtson R¢lqYant prof£￿10nal quallfication(s} or body lrfany): AGGA Address: 24 Merdon Avenue Chand￿rfs Ford Eastleigh, SO53 1 EJ IER Cktober 2018 Section B Disclosure ly compkne rfthe examiner ￿d5 to h￿hlIght matter5 of concem (see CC32, examiners). Giv• h•r• brief delalls of any item8 that the oxaminorwlsh•s to discloso. IER Octob•r 2018