2022-12-31-accounts

Report and Accounts of Innovira (charity number 1182370) Year Ending 31/12/2022

The trustees present their report and financial statements of Innovira (“the Charity”) for the year ended 31 December 2022.

Objectives and Activities

The objects of the Charity (as set out in its Constitution) are to promote the voluntary sector and promote the efficiency and effectiveness of other charitable organisations (for the benefit of the public) by:

• Helping to build the capacity of small voluntary and community organisations and provide them with the necessary support, information and services to enable them to pursue or contribute to any charitable purpose

• By giving advice and assistance to charities to enable them to meet their purposes

The Charity was founded in 2019 to achieve these objects by identifying and scaling ideas which the trustees believe have the potential to have significant public benefit.

The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit, “Charities and Public Benefit”.

Achievements and Performance

2022 was the third full year of operation of the Charity, having had confirmation of registration from the Charity Commission on 7 March 2019.

In this period, as in 2020 and 2021, the primary project of the Charity was the “Future Friendly” project, which is intended to target small to medium sized businesses and provide mechanisms to encourage them to improve their organisations to be more sustainable, including the development of a platform for charities which have objects related to the environment and sustainability.

The plans for Future Friendly in 2022, as declared in the 2021 report, were:

• Continue to support the development of the platform (and app) so that it can be used for data capture and campaign management

• Finalise the initial set of award measures and implement them in the app

• Identify a partner organisation to launch the first full pilot

• Consolidate learnings to plan for scale

By the middle of 2022 the app and award set were completed to a point where we wanted to find a pilot to test in real life. We tried a number of discussions with local groups, most productively with sustainability groups in Stroud, Gloucestershire. The objective was to incorporate the tool in a local campaign in early 2023.

We also, in a limited way, continued to provide Informal mentoring and advice.

Plans for 2023

The plans for the “Future Friendly” project are:

• Take forward the Stroud pilot

• Consolidate learnings to plan for scale

At the time of writing (in 2023) the Stroud pilot has not moved forward, and we will need a time of reflection to decide what to do next.

Other than the “Future Friendly” project, plans are subject to the available capacity of the trustees and will focus on identifying great ideas and supporting individuals and organisations to develop those ideas through mentoring and advice.

Financial Review

At the end of 2022 the Charity held unrestricted reserves of £33 and restricted reserves of £11,413. The restricted reserves are for sustainability projects, including the “Future Friendly” project. The unrestricted reserves result from bank interest less bank charges.

As the Charity has no regular expenses, except those that are currently paid for directly by the trustees, the reserves policy is simply to retain a positive balance. The trustees recognise that as the Charity’s activities develop, a reserves policy will need to be agreed.

In 2022 all the Charity’s donation income was from trustees and connected parties of the trustees. The trustees claimed no expenses, and paid several expenses directly, not from Charity funds. The trustees estimate that these expenses were up to £1,000.

Structure, Governance and Management

The Charity is a Charitable Incorporated Organisation (CIO), established by Constitution which was registered with the Charity Commission on 7 March 2019.

The current trustees are also the founding trustees. The Charity has no paid staff.

Reference and Administrative details

Charity name	Innovira
Registered charity number	1182370
Charity’s registered address	Waterhouse, Waterhouse Lane, Monkton Combe, Bath BA2 7JB
Names of the charity trustees who manage the charity	Ian McKay (Chair) James McPhee John Ranford

Statement of disclosure

So far as each trustee is aware, there is no relevant information needed by the independent examiner in connection with preparing their report of which the Charity’s independent examiner is unaware. Each trustee has taken all the steps that they ought to have taken as a trustee in order to

make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.

This report has been prepared in accordance with the provisions applicable to Charitable Incorporated Organisations subject to the Charities Act 2011.

Approved by the board of trustees on 25 October 2023 and signed on its behalf by:

…………………………………………………. Ian McKay Chair

Independent examiner’s report to the trustees of Innovira (charity number 1182370) on accounts for the year ended 31 December 2022

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Charity”) for the year ended 31/12/2022.

As the trustees of the Charity, 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 carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or

• the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 21 October 2023 Name: Ruth Sara

Address: 5 Claremont Buildings, Bath BA1 6EZ

Statement of Financial Activities

		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
		2022	2022	2022	2021
	Note	£	£	£	£
Income from:
Donations and legacies		0	29,375	29,375	26.250
Charitable activities		0	0	0	0
Other trading activities
Investments:
Bank interest		10	0	10	7
		___	___	___	___
		10	29,375	29,385	26.257
		___	___	___	___
Expenditure on:
Raising funds		0	0	0	0
Charitable activities		2	19,688	19,690	47,179
		___	___	___	___
		2	19,688	19,690	47,179
		___	___	___	___
Net income /		8	9,687	9,695	-20,922
(expenditure)
Transfers between funds		0	0	0	0
		___	___	___	___
Net movement in funds		8	9,687	9,695	-20,922
Reconciliation of funds:
Total funds brought		25	1,726	1,751	22,673
forward
		___	___	___	___
Total funds carried		33	11,413	11,446	1,751
forward
		___	___	___	___

Balance Sheet

		2022	2022	2021	2021
	Note	£	£	£	£
Fixed assets
Tangible assets			0		0
Current assets
Stocks		0		0
Debtors		0		0
Cash at bank and in hand		11,446		1,751
		___		___
		11,446		1,751
Liabilities
Creditors: amounts falling
due within one year		0		0
		___		___
Net current assets			11,446		1,751
			___		___
Total assets less current			11,446		1,751
liabilities
Creditors: amounts falling due
after more than one year			0		0
			___		___
Total net assets			11,446		1,751
			___		___
The funds of the charity
Restricted funds:
Sustainability fund			11,413		1,726
			___		___
Unrestricted funds			33		25
			___		___
Total funds			11,446		1,751
		___	___	___	___

Approved by the board of trustees on 25 October 2023 and signed on its behalf by:

……………………………………………. Ian McKay Chair