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2022-12-31-accounts

Trustees’ Annual Report

For the period:

1 January to 31 December 2022

SECTION A CHARITY DETAILS

Charity name
Registered charity number
Charity’s principal address
Ignite Hubs
1186658
30 Lynbrook Grove
Peckham
London
SE15 6HS

SECTION B CHARITY TRUSTEES

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Trustee Name Dates acted if not for the whole year
Lin Vong
Steven Rushworth From 1 November 2022
Nalin Mehrotra From 15 November 2022
Graeme Wood From 25 January 2022 to 9 July 2022
Glory Tan From 9 July 2022 to 30 April 2022
Sonal Minocha From 17 August 2022 to 5 July 2022
Mark Pym From 12 September 2022 to 24 October 2022
Sabah Rhodes From 25 October 2022 to 11 April 2022
Amy Zancanaro Resigned 14 May 2022
Chris Rothwell Resigned 6 September 2022
Claire Frogley Resigned 11 September 2022
Greg Wasowski Resigned 23 September 2022
Susan Pallister Resigned 10 December 2022
Marsha Maraj Resigned 10 December 2022
Paul Johnston Resigned 14 December 2022
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SECTION C STRUCTURE

Type of governing document
How the charity is constituted
Trustee selection method
Constitution
Charitable Incorporate Organisation
Appointed by

SECTION D OBJECTIVES AND ACTIVITIES

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

To advance the education of the public in particular, but not exclusively in the subject of coding and science, technology, engineering and mathematics (STEM).

Summary of the main activities undertaken for the public benefit in relation to these objects.

Teaching programming languages, HTML/CSS, Scratch and Python, to children and young people aged 7 to 18 years old and mentoring sessions to young people.

SECTION E ACHIEVEMENTS AND PERFORMANCE

Summary of the main achievements of the charity during the year.

Launching a Data Science programme. Two staff members joined the charity and paid instructors to deliver and support the development of classes and the curriculum.

Impacting over 100 children and young people a week.

SECTION F FINANCIAL REVIEW

Brief summary of significant increases in income or expenditure in the year

Major grants received from National Lottery Community Fund (£9.24k), Southwark Council (£10k) and the London Community Fund (£10k). Corporate donations received from SamKnows (£2.1k) and AIG (£3.75k). Staff expenditure of £35.5k in the year.

Brief statement of the charity’s policy on reserves

Our reserves policy is to hold sufficient reserves to cover two months of operational costs.

Details of any unrestricted reserves held in excess of the reserves policy

None

Details of any requirement for any reserves held in designated funds

None

Details of any funds materially in deficit

None

SECTION G FINANCIAL STATEMENTS Ignitg Hubs Financial Aetivities January. Dc8m￿r2o22 ignbtg TOT Iruffl 1.350fy) S850(N) OofE Wrafflma Do1E SkJll$ T(+￿ DDIE 2,130(N) 2.130. Wob Giart P￿e1¥￿￿ 22561 84DOD 52244 txg14.os TofAL f$4.9160S Admin EXpell￿s e81 66 18999 107883 187.47 Hk4RC rr &Sotr• 2.3250D PaTr￿Fe 24￿1 Ig74.49 78 29250 EqUIpn￿￿8 H4tthYar• 2.14094 492.09 41ts20 Trdhk4 372.(M) &37.46 NEf INCOklEIIEXPENCXIU#Q È4.W23

SECTION G DECLARATION

The trustees declare that they have approved the trustee’s report.

Signed on behalf of the charity’s trustees

Signature

Full Name Lin Vong Position on the Board CEO Date 14 October 2023