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2022-02-28-accounts

Trustees’ Annual Report for the period

From (start date) 0 1 0 3 2 1 to (end date) 2 8 0 2 2 2

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Section A Reference and administration details
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Charity name The Maths Society
Other names the charity is known by
Registered charity number (if any) 1 1 8 5 0 3 2
Charity’s principal address 10 Haywood Close
Postcode H A 5 3 L Q
Names of the charity trustees who manage the charity
Trustee Name Offce (if any) Dates acted if not for
whole year
Name of person (or body)
entitled to appoint
trustee(if any)
1 Jatinkumar Patel
2 Dr AnujPatel
3 Jayesh Hirani
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5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any(for example, any custodian trustees)
Name Dates acted if not for whole year

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Section A

Reference and administration details (continued)

Names and addresses of advisers(optional information) Names and addresses of advisers(optional information) Names and addresses of advisers(optional information)
Type of adviser Name Address

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

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Foundation model constitution (eg trust deed, constitution How the charity is constituted CIO (eg trust, association, company)

Trustee selection methods Appointed (eg appointed by, elected by)

Additional governance issues (optional information

  - You **may choose** to include additional information, where relevant, about:

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Section C

Objectives and activities

Summary of the objects of the charity set out in its governing document

To advance education, through provision of academic support and resources for young people To promote links between schools and industry To develop and facilitate career preparation, work experience and improve employability skills To advance any other purpose which is recognised as exclusively charitable under the laws of England and Wales and Scotland.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Support young people in education through:

● The provision of tutors to provide academic support to pupils preparing for exams; ● Partnerships with schools; and ● The encouragement of pupils, raising aspirations and confidence in addition to academic support.

Additional details of objectives and activities (optional information)

You may choose to include further statements, where relevant, about:

  - policy on grantmaking;

Section D Achievements and performance

Summary of the main achievements of the The Maths Society unlocks the potential of children and young people who are facing academic disadvantage. Our teacher and tutors are empowered to enable pupils to make meaningful academic charity during the year progress, opening doors to future opportunities.

The Maths Society has made an impact and it is both a reflection and a celebration: a reflection of the significant impact the pandemic has had on education and the even greater challenge this poses for pupils facing disadvantage who are prevented from reaching their full academic potential.

But it is a celebration of The Maths Society's years of impact, recognising the achievements and evolution of delivery and positioning itself for many more years of making a difference.

Key findings:

School closures are likely to reverse progress made to narrow the academic attainment gap in the last decade. Predictions estimate the gap could increase by as much as 75%. A recent EPI report found the disadvantage gap at GCSE is significant, and outcomes for the very poorest pupils in long-term poverty have failed to improve after a decade.

We were proud to play our part in helping pupils and schools through an exceptionally difficult year. We’re incredibly grateful to the pupils' dedication, the schools who partnered with us and the staff team who worked so hard and adapted so willingly to make the best of the year. Looking ahead we’re excited to be growing again this year and we are thrilled to be continuing and we remain resilient to the challenges that Covid brings to education.

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Section E Financial review
Brief statement of the The trustees aim to maintain free reserves in unrestricted funds at a level which equates to
charity’s policy on reserves approximately three months of unrestricted charitable expenditure. The trustees consider
that this level will provide sufficient funds to respond to applications for bursaries and
ensure that support and delivery costs are covered.
The reserves policy is reviewed annually where specific factors affecting the level of
reserves are looked at, primarily contractual obligations for tutors, with changes being
made as necessary.
Details of any funds materially in deficit
Further financial review details (optional information)
You may choose to include additional The total income for the period was £27536 -
information, where relevant, about:
The total expenditure for the period was £30300
• the charity’s principal sources of funds
(including any fundraising); 95% of the expenditure is spent on supporting the key objectives of The Maths
• how expenditure has supported the key Society Expenditure included the following:
objectives of the charity; ● Tutor fees; including production of tutoring resources, DBS checks
• investment policy and objectives including ● Office costs, including rent and admin
any ethical investment policy adopted.
Section F Other optional information
Going concern
The Trustees have a reasonable expectation that the charity has adequate resources
to continue in operational existence for the foreseeable future.
Section G Declaration
The trustees declare that they have approved the trustees’ report above
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Jatinkumar C Patel
Position (eg Secretary, Chair, etc) Chair
Date 1 3 1 0 2 2
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