_Report produced January 2023_
**Annual Report**
Reporting Period 1 April 2021 to 1 April 2022
**Annual Report and Financial Statement**
**Reporting period ended 1 April 2022**
**A Charitable Incorporated Organisation (CIO)**
**Charity number: 1186999**
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## **CONTENTS**
Statement of Financial Activities
2
## **REPORT OF THE TRUSTEES**
## **FOR THE REPORTING PERIOD**
## **1 APRIL 2021 TO 1 APRIL 2022**
## **Trustees**
The Trustees serving on the Trust Board during the reporting period
|**Name**|**Appointed**|**Resigned**|**Renewed**|**Length of**
**service**|**For review**|
|---|---|---|---|---|---|
|Susan
Egersdorff|17.12.19|||4years|17.12.23|
|Elisabeth
Ludden|17.12.19||17.12.21|4 years|17.12.25|
|Pamela
Mundy|17.12.19|07.07.21||||
|Anna
Park|01.02.21|||4 years|01.02.25|
## **Registered office**
42A Ullet Road
Liverpool
L17 3BP
## **Charitable Incorporated Organisation (CIO)**
## **Charity number**
1186999
## **Website**
www.readygenerations.co.uk
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**REPORT OF THE TRUSTEES OF READY GENERATIONS**
## **For the period 1.4.21 to 1.4.22**
## **Introduction**
The charitable trustees of the _Charity Ready Generations_ who for the purposes of charitable law comprise the Trust Board, are pleased to present their Annual Report together with the financial statements of the Charity for the period ending 1 April 2022 which are also prepared to meet the requirements of the _Charities Act 2011_ and _Charitable Incorporated Organisations (General) Regulations 2012_ (‘General Regulations’) and the _Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012_ (‘Dissolution Regulations’).
The Report has been set out to demonstrate how Trustees have fulfilled their legal duties to:
- always act in the Charity’s best interests
- manage the Charity’s resources responsibly
- act with reasonable care and skill
## **Structure, governance and management**
The Trustees are responsible for the overall management and control of the Charity and meet at least six times a year. As the Charity is small, the work of implementing the Charity’s policies and strategic plan is carried out by the Trustees at Board Meetings. The Charity does not currently have any sub-committees. All Trustees give of their time freely and no remuneration or expenses were paid in the reporting period. No Trustee or person connected with a serving Trustee received any benefit from any service/activity of the Charity and no pecuniary or other conflicts of interest were reported.
## _**a) Constitution**_
_Ready Generations_ is a Charitable Incorporated Organisation (Foundation Model). It is not a limited company or subject to company regulation.
The Charities Act 2011 creates the basic legal framework for _Ready Generations CIO_ .
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This framework is completed by the following regulations:
- the Charitable Incorporated Organisations (General) Regulations 2012 (‘General Regulations’)
- the Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012 (‘Dissolution Regulations’
## _**a) Method of appointment or election of trustees**_
The management of the charitable incorporated organisation is the responsibility of the Trustees who are elected and co- opted under the terms of Ready Generation’s _Constitution of Charitable Incorporated Organisation – Foundation Model_ .
## _**b) Induction and professional development of trustees**_
On appointment, Trustees follow an induction process and are given copies of all appropriate documents and relevant guidance in order for them to understand their role. This includes the Charities Commission Guidance for England and Wales, _The Essential Trustee_ . All Trustees have been chosen with a view to them leading the Charity with the correct range of skills expedient to setting up, developing and managing the running of _Ready Generations_ and strategically guiding its progress, priorities and future direction.
## _**c) Organisation structure and decision making**_
The Charity has a Trust Board which meets regularly. Between Board meetings, necessary operational decisions and actions taken are the responsibility of the Chair in consultation with individual Trustees. All decisions are reported back to the Board and this decision-making process is evidenced through the Board minutes.
## _**d) Risk assessment**_
Trustees regularly assess the major risks to which Ready Generations is exposed, in particular those related to the operations and finances of the charitable company and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. This position is regularly monitored and reviewed through the use of a _Risk Register_ . The Charity also maintains appropriate insurances to protect against any potential risk from operating its business.
## **Charitable objects**
The objects of the Charity are as follows:
- to advance the education of pre-school children in their cognitive,
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- social, emotional and physical development through the provision of educational activities and interaction with older people.
- to relieve the need of older people by preventing loneliness through the provision of social interactions with pre-school children.
## **Safeguarding**
Over the reporting period Trustees have taken their safeguarding responsibilities very seriously and worked together to maintain a strong _culture of safeguarding_ across everything the Charity does. This is of fundamental importance as we work alongside vulnerable children and older people. All Trustees are aware of, trained and kept up to date on all government safeguarding expectations. Trustees have a robust _Child Protection and Safeguarding Policies_ that relate to both children and vulnerable adults.
## **Equality and Diversity**
Ready Generations respects and values differences, and as a charity and provider of services, recognises the importance of setting out a clear commitment to promoting fairness and tackling discrimination. Since Ready Generations received charitable status in 2019 our _Equality and Diversity Policy_ outlines two main pledges:
## **Volunteers and service users**
No volunteer or service user will receive less favourable treatment on the grounds of race, colour, nationality, ethnic or national origin, sex, gender identity, marital status, sexual orientation, disability, trade union activity, age, religion or belief, pregnancy or maternity, social or economic status, political beliefs, or will be disadvantaged by conditions or requirements which cannot be justified.
## **Service delivery and charitable operations**
Ready Generations, recognising its responsibilities as a provider of services within communities, will ensure that its services, including the ones carried out in partnership with others, are available equally to all, regardless of race, colour, nationality, ethnic origin, sex, gender identity, marital status, sexual orientation, disability, age, religion or belief, pregnancy or maternity, social or economic status or political beliefs, making sure that no one is disadvantaged by conditions or requirements which cannot be justified.
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## **Statutory responsibilities in relation to children are set out in:**
Trustees recognise and ensure compliance with all statutory requirements:
- Department for Education (DfE) _Keeping Children Safe in Education 2021_
- Department for Education (DfE) _Working Together to Safeguard Children 2021_
- Department for Education (DfE) _Early Years Foundation Stage Framework 2021_
## **Statutory responsibilities in relation to adults are set out in:**
- Gov UK _Sections 42-46_ and _Schedule 2 of the Care Act 2014_
- • Department of Health and Social Care _Care and Support Statutory Guidance 2020_
- _Human Rights Act_ 1998
## **Achievements and performance**
Over the reporting year, the Charity has continued to adapt its workplan to respond to the ongoing impact and challenges of the pandemic. This has continued to affect the potential of the Charity to support older people and gain consistent and regular access to care homes and settings.
Whilst this has severely hampered our ability to bring intergenerational communities together in person and to access the grant funding required to run our Charity it has not stopped us working and having an impact. Over the reporting period we have been forced to think differently. We have developed a range of collaborative partnerships to sustain our work and increased our online and social media presence. This has included the holding all our Board meetings and Trustee development sessions online.
Although we have not been able to have the face to face impact we had hoped, we have extended our reach considerably through the use of a range of social media – Twitter (followers 3350 at April 2022, 700 Linked-In and refreshed Facebook and new Nursery in Belong website). This allows us to disseminate information to a wider community resulting in a growing number of new followers and greater interest in our work from diverse geographical areas and professional disciplines across the world. We have particularly reached the academic community and been contacted by many UK universities about our evidence-based practice approaches and research opportunities.
This growing academic and professional interest has come from across the UK and internationally from a range of diverse professional backgrounds including:
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- early years education and care
- education (primary and secondary)
- universities and research institutions
- think tanks
- older people’s care
- social care (child and adult)
- NHS and wider healthcare providers
- housing associations
- community re-design and neighbourhood development
- local authorities
- architecture and built environment
- disability services
We have continued to deepen our professional partnerships with other charities, social enterprises, think tanks and campaigns in order to support our work. Over the reporting year, we have collaborated with:
- NAPA (National Association of Activity Providers)
- Jo Cox Foundation
- Connection Coalition
- Generations United (USA)
- Belong Ltd
- Famileo (France)
- Relationships Project
- Stop Ageism
- Generations Working Together
We have built on our grandparenting research project (Care to the Nest) with the University of Stirling by launching our _Intergenerational Champions Recognition Scheme._
Over the reporting year we have done more to fulfil the Charity’s mission to raise awareness of intergenerational work by collaborating with research into practice organisations and higher education institutions. We now working closely with:
- The University of Stirling
- Liverpool John Moores University
- Northumbria University
- Chester University
- Swansea University
- Curious Minds Creative Organisation
- Belong Ltd
- Grosvenor Museum Chester
- Richard O’Neill Storyteller
- Bluecoat Liverpool
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Over the reporting period, many grant giving and funding organisations have continued to focus their resources to support pandemic relief and austerity work. This has made broader development funding more difficult to access for another year. Trustees are always looking at diverse ways to increase income in order for the Charity to achieve its charitable objectives and associated priorities. We remain in need of a trustee with the expertise to help and take a lead on creating sustainable income streams, making bids and seeking out grant opportunities.
We have continued to receive support from a professional business and governance coach with leadership expertise through the _NHS Leadership Academy_ . RD has worked with Trustees to develop and offer challenge to our business model, strategic priorities and operational infrastructure. This has provided rich professional development for all Trustees We are hugely indebted to RD for the loyal support she has given and continues to offer.
Despite the challenges of the pandemic we have been successful in:
- The completion of our bespoke _Mirrored Curriculum Framework_ to underpin our intergenerational nursery project and provide a shared curriculum for young children and older people.
- Conducting initial research with Dr. Kay Heslop from Northumbria University about staff/resident/family perspectives around our intergenerational nursery project with the North West care village provider, Belong Ltd.
- Preparations to open our intergenerational nursery, _the Nursery in_
- _Belong_ , in Chester from July 2022.
- Further development of the Charity’s website and social media presence on Twitter (3350 Followers, Linked-In 700+ Followers) and Facebook.
- Sponsorship and support work with the _National Association of Activity Providers (NAPA)_ to raise awareness of intergenerational work and its benefits for children and older people.
- Supporting the work of a Liverpool Food Programme to develop
- community cohesion.
- 2 sets of articles in nationally recognised early years publications.
- 3 professional speaking engagements to multi-agency professional
- groups.
- Expansion of _Born4Life Project_ to conduct intergenerational practice research with seven outstanding nursery providers across the UK.
Working predominantly online has meant that the Board has developed a productive and effective pattern of using technology for board meetings and practice discussions. This has been highly effective in saving costs, travel time and improving overall efficiency.
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## **Future Developments**
Over 2022-2023 our main priority is to open and establish _the Nursery in Belong_ , the first fully integrated UK nursery in the heart of a new care village in Chester. This is a complex and demanding project that will require Trustees to work closely with the CEO and senior team at Belong Ltd. It will also allow us to test out our bespoke _Attuned Relationships Model_ and _Mirrored Curriculum Framework_ . We hope to be able to share these more widely as exemplars of best practice in intergenerational practice through a series of professional learning seminars in 2023.
We are also continuing our partnership work with _Curious Minds_ to research how early years educators, care workers and creatives can collaborate to provide more joined up and accessible arts experiences for people of all ages. This project, _Bridging the Distance_ , will include dance, singing, drumming and storytelling.
An urgent priority is to recruit more trustees to fill identified skills and experience gaps on the Trust Board i.e. fundraising, HR and financial planning. We had hoped to complete this by Spring 2022 but it has not be possible due to the pandemic.
Trustees have conducted an annual review of trustee competencies and consider that the skills and experience of the Board should comprise the following:
|**Trustee Expertise**|**Covered by**
**existing Trustees**|
|---|---|
|Legal|No|
|Financial/accounting|No|
|Early years and primary education|Yes|
|Older peoples’care and dementia|Yes|
|Senior
managerial
or
charities/grant-funding
experience|Yes|
|Equal opportunities or disability needs|Yes|
|Diverse communities/cultures representation|No|
|Clinical knowledge around age and health|No|
The achievement of greater financial security and stability remains a key priority over the next reporting year as the Nursery project settles and further project ideas are developed
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## **Financial activities**
During the reporting period to April 2022 a carry forward of £9410.84 has been generated (see financial reports presented later).
## **Reserves**
The Charity’s longer-term aim is to create unrestricted reserves equivalent to six months expenditure. It has not been possible to progress this aim over the reporting period due to the pressures and impact of the pandemic on funding sources and income generation.
## **Public benefit**
When considering the work of _Ready Generations_ , Trustees have complied with the duty in _Section 4_ of the _Charities Act 2011_ to have due regard to the Charity Commission's general guidance on public benefit.
## **Going concern**
As part of their financial scrutiny and probity responsibilities Trustees have taken account of the document _Going Concern and Liquidity Risk Guidance for Directors of UK Companies 2009_ issued by the _Financial Reporting Council_ and believe Ready Generations is a going concern. This assessment is based upon the funding available and income expected to be received from the planned services, particularly _the Nursery in Belong_ .
## **Financial oversight**
Trustees are responsible for the maintenance and integrity of the general and financial information included on the Charity’s website and take this responsibility very seriously. All safeguarding and GDPR requirements are kept under full review and monitored through Board Meetings.
This Report was approved by Trustees on 12th January 2023 and signed on their behalf by:
Susan Egersdorff
Chair of Trust Board
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## **STATEMENT OF FINANCIAL ACTIVITIES FOR REPORTING PERIOD ENDED 1 APRIL 2022**
|**Incoming**
**Resources**
**from generated**
**funds**|**Notes**|**Unrestricted**
**funds**|**Restricted**
**funds**|**2021 -**
**2022**
**Total**
**Funds**|**2020-**
**2021**
**Total**
**Funds**|
|---|---|---|---|---|---|
|CarryForward|||1822.96|1822.96||
|Donations|Private
donation|1000.00||1000.00|547.96|
|Activities for
generatingfunds||400.00||400.00|0|
|Fundraising
income||539.72||539.72|0|
|Events income|||||0|
|Sundryincome|||||0|
|Incoming
resources from
charitable
activities||||||
|Grants receivable|Jo Cox
Foundation
£920.00
LCVS
£5000.00||5920.00|5920.00|2000.00|
|**Total incoming**
**resources**||**1939.72**|**7742.96**|**9682.68**|**2547.96**|
|||||||
|**Resources**
**expended**|**Notes**|**Unrestricted**
**funds**|
**Restricted**
**funds**|**2021-**
**2022**|**2020-**
**2021**|
|Cost of generating
funds|||||0|
|Fundraisingcosts|||||0|
|Charitable activities|||||0|
|Support costs||271.84|||0|
|Governance costs|||||0|
|**Total resources**
**expended**||271.84||||
|**Net income for**
**theyear**||**9410.84**|||**1822.96**|
|**Reconciliation of**
**funds**||**9410.84**|||**1822.96**|
|**Total funds**
**brought forwards**
**at 31.3.22**||**9410.84**|||**1822.96**|
|**Total funds at**
**1.4.22**||**9410.84**|||**1822.96**|
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## **BALANCE SHEET AS AT 1 APRIL 2022**
||**2021-2022**|**2020-2021**|**2019-2020**|
|---|---|---|---|
|**Fixed assets**||||
|_Tangible fixed assets_||||
|**Current assets**||||
|_Stock_||||
|_Debtors_||||
|_Cash at bank and in hand_|9410.84|1822.96|2547.96|
|**Totals**|**9410.84**|**1822.96**|**2547.96**|
|_Creditors amount falling due within_
_one year_||||
|_Net current assets_|9410.84|1822.96|2547.96|
|_Net assets_|**9410.84**|**1822.96**|**2547.96**|
|**Represented by**||||
|_Unrestricted funds_||||
|_General fund_|9410.84|1822.96|2547.96|
|**Total funds**|**9410.84**|**1822.96**|**2547.96**|
Trustees acknowledge their responsibilities for complying with the requirements of the Charities Commission with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to _Charitable incorporated Organisations_ and the _Charity’s Act 2011._
The financial statements on pages 12 and 13 of this Report were approved and authorised for issue by the Board on 12[th] January 2023 and signed on its behalf by:
Sue Egersdorff
Chair of Trust Board
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**NOTES TO FINANCIAL STATEMENTS FOR THE REPORTING PERIOD ENDED 1 APRIL 2022**
## **1. Accounting policies**
## _**Basis of preparation of financial statements**_
- The financial statements have been prepared under the historical cost convention and in the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 issued on 2 February 2016 (“amended Charities SORP (“FRS 102”).
- No material uncertainties that may cast significant doubt about the ability of the Charity to continue as a going concern have been identified by the Trustees.
## _**Charity status**_
- The Charity is a charitable incorporated organisation.
- The members of the Charity are the Trustees named on page 3.
- In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per trustee.
## _**Fund accounting**_
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
- Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
- Any investment income, gains and losses are allocated to the appropriate fund.
## _**Incoming resources**_
- All incoming resources are included in the statement of financial activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
- No amounts are included in the financial statements for services donated by volunteers.
- Fundraising income is recognised when the income is receivable.
## _**Resources expended**_
- All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to
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particular activities they have been allocated on a basis consistent with the use of the resources.
- Costs of generating funds include fundraising and publicity costs.
- Support costs are those costs incurred directly in support of expenditure on the objects of the charitable company and are allocated across charitable and non-charitable activities on a prorata basis guided by the value of attributable costs, unless they can be attributed directly, being a measurement considered representative of the specific input into each activity.
## _**Governance costs**_
- Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## _**Fixed assets**_
- Fixed assets are capitalised and written off over their useful economic life. There has been no depreciation charged for in this year.
## **2. Voluntary income**
**21-22 20/21 Unrestricted Restricted Total Total funds funds funds funds** £ £ £ £ Donations 1000 - 1000 548
## **3. Taxation**
As a registered charity, Ready Generations is not subject to corporation tax on its income.
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## **4. Analysis of net assets between funds**
|**Analysis of net assets between funds**|||
|---|---|---|
|Fixed assets
Current assets
Current liabilities
Net assets as at 1stApril 2022|General
Funds
£
-
9411
-
9411|Total
2022
£
-
9411
-|
|||9411|
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