## **Report and Accounts of Innovira (charity number 1182370) Year Ending 31/12/2023** 

The trustees present their report and financial statements of Innovira (“the Charity”) for the year ended 31 December 2023. 

## **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** 

2023 was the fourth 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 the previous years, 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 2023, as declared in the 2022 report, were: 

- Take forward the Stroud pilot 

- Consolidate learnings to plan for scale 

By mid-2022 the app and award set were completed to a point where we wanted to find a pilot to test in real life. We have engaged in a number of discussions with local groups. At the end of 2022, the most promising seemed to be with sustainability groups in Stroud, Gloucestershire. The objective was to incorporate the tool in a local campaign in early 2023. Unfortunately this never materialised, and so we continued to look for partnerships. By the end of 2023 we were still looking for an active partnership. 

This status is reflected in the financial accounts, with lower spending than in previous years. We will seek further donations when further income is merited. 

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



Plans for 2024 

The plans for the “Future Friendly” project are: 

- Continue to seek a local partnership to pilot the app 

- If appropriate, consolidate learnings to plan for scale 

At the time of writing (in 2024) there is a strong possibility of a partnership in Bath. 

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 2023 the Charity held unrestricted reserves of £59 and restricted reserves of £2,437. 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 2023 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,<br>Bath BA2 7JB|
|_Names of the charity trustees who_<br>_manage the charity_|Ian McKay (Chair)<br>James McPhee<br>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 15 October 2024 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 2023** 

## 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 31/12/2023. 

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: 6 October 2024 Name: Ruth Sara Address: 5 Claremont Buildings, Bath BA1 6EZ 



## **Statement of Financial Activities** 

|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**Funds**|
|||**2023**|**2023**|**2023**|**2022**|
||**Note**|**£**|**£**|**£**|**£**|
|**Income from:**||||||
|Donations and legacies||0|0|0|29,375|
|Charitable activities||0|0|0|0|
|Other trading activities||||||
|Investments:||||||
|Bank interest||27|0|27|10|
|||_________|_________|_________|_________|
|||27|0|27|29,385|
|||**_________**|**_________**|**_________**|**_________**|
|**Expenditure on:**||||||
|Raising funds||0|0|0|0|
|Charitable activities||1|8,976|8,977|19,690|
|||_________|_________|_________|_________|
|||1|8,976|8,977|19,690|
|||**_________**|**_________**|**_________**|**_________**|
|**Net income /**||26|-8,976|-8,950|9,695|
|**(expenditure)**||||||
|Transfers between funds||0|0|0|0|
|||_________|_________|_________|_________|
|**Net movement in funds**||26|-8,976|-8,950|9,695|
|**Reconciliation of funds:**||||||
|Total funds brought||33|11,413|11,446|1,751|
|forward||||||
|||**_________**|**_________**|**_________**|**_________**|
|Total funds carried||59|2,437|2,496|11,446|
|forward||||||
|||**_________**|**_________**|**_________**|**_________**|





## **Balance Sheet** 

|||**2023**|**2023**|**2022**|**2022**|
|---|---|---|---|---|---|
||**Note**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|||0||0|
|**Current assets**||||||
|Stocks||0||0||
|Debtors||0||0||
|Cash at bank and in hand||2,496||11,446||
|||_________||_________||
|||2,496||11,446||
|**Liabilities**||||||
|Creditors: amounts falling||||||
|due within one year||0||0||
|||_________||_________||
|**Net current assets**|||2,496||11,446|
||||_________||_________|
|**Total assets less current**|||2,496||11,446|
|**liabilities**||||||
|**Creditors**: amounts falling due||||||
|after more than one year|||0||0|
||||_________||_________|
|**Total net assets**|||2,496||11,446|
||||**_________**||**_________**|
|**The funds of the charity**||||||
|Restricted funds:||||||
|Sustainability fund|||2,437||11,413|
||||_________||_________|
|Unrestricted funds|||59||33|
||||_________||_________|
|**Total funds**|||2,496||11,446|
|||**_________**|**_________**|**_________**|**_________**|



Approved by the board of trustees on 15 October 2024 and signed on its behalf by: 

……………………………………………. Ian McKay Chair