REGISTERED CHARITY NUMBER: 1187603
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD
27 JANUARY 2020 TO 31 JANUARY 2021
FOR
LIFTING LIMITS CIO
Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH
LIFTING LIMITS CIO
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
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Page |
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Report of the Trustees |
1 |
to |
3 |
Independent Examiner's Report |
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4 |
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Statement of Financial Activities |
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5 |
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Balance Sheet |
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6 |
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Notes to the Financial Statements |
7 |
to |
8 |
Detailed Statement of Financial Activities |
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9 |
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LIFTING LIMITS CIO
REPORT OF THE TRUSTEES FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheperiod27January2020to31January2021. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicable to
charitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
LiftingLimitsregisteredasaCharitableIncorporatedOrganisationafterconvertingfromaCommunityInterestCompany(CIC) on
27thJanuary2020.TheCharitycontinuesinthemissiontochallengegenderstereotypingandpromotegenderequality,in and
througheducation.TheCharityworkswithschoolsandeducatorstoprovidethetrainingandresourcestheyneedtomake visible,
forchallengeanddiscussion,genderstereotypingwhichmayexistintheschoolenvironment,andtoequiptheirpupilsto challenge
stereotyping and inequalities wherever they may encounter them.
Withevidenceshowingthatthelimitingeffectsofstereotypingonchildren'saspirations,choices,behaviourandsenseof'self' start
young, with gendered attitudes ingrained by the age of 10, our focus is at the early years and primary school stages of education.
Ourvisionisaworldinwhicheverychildisfreetomaketheirownpathinlife,unconstrainedbythelimitingeffectsof gender
stereotyping.
Significant activities
Lifting Limits supports schools through our whole school, evidence-based programme. Key components of our programme include:
-'Genderlens'trainingforschoolstaff,toraiseawarenessoftheeffectsofgenderstereotypingonchildren'slivesand encourage
staff to reflect on their own role and where stereotypes might be perpetuated in their own school
- A 'gender audit' to identify areas of good practice and development
-Anextensivepackageofresourcestopromptreflectionanddiscussion,including:80+lessonplansacross12subject areas;
resourcestailoredtotheEarlyYears;workshopsandresourcesforparentsandcarers;assemblies;discussioncards;booklists and
more.
Eachlessonisdesignedtomeetdualgoals:coveringthespecificlearningobjectivesassetoutintheNationalCurriculumand also
specific gender learning objectives.
These activities help schools to:
-
examine the part they play in perpetuating or challenging gender stereotypes
-
equip their pupils to demand a more gender-equal world
-
better represent women and their achievements throughout the curriculum
-
show all genders in non-stereotypical roles
-
engage parents and carers in these conversations
- increase staff awareness and confidence in addressing sexism and stereotyping with pupils, colleagues and parents
Public Interest
TheTrusteeshavehadregardtotheguidanceissuedbytheCharityCommissionconcerningpublicbenefit.Theyaresatisfied that
theinformationgiveninthisreport,particularlyregardingtheactivitiesundertakenwhenreadinconjunctionwiththeobjectives of
the charity set out above, demonstrates that the requirements to identify public benefit have been met.
Page 1
LIFTING LIMITS CIO
REPORT OF THE TRUSTEES FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
ACHIEVEMENT AND PERFORMANCE
Charitable activities
LiftingLimitssuccessfullytesteditswholeschoolprogrammeinapilotin5schoolsintheLondonBoroughofCamden, throughout
theschoolyear2018-19.Independentevaluationdemonstratedsuccessofthepilotinachievingitsintendedoutcomesinrelation to
impact on school staff, pupils and the school as a whole. Key findings include:
o For school staff:
-Increasedstaffawarenessandconfidenceinaddressingsexismandstereotypingwithpupils,colleaguesandparents(for example
30% increase in confidence to address sexual harassment and bullying among pupils);
- Increased self-reflection feeding into changes in practice with children.
o For children:
-Greaterawarenessandacceptanceofamorediverserangeofrolesandpossibilitiesforwomenandgirls,menandboys (for
exampleattheendofthepilotthreetimesasmanychildrenintheEarlyYearsperceivedfootballasasame'foreveryone' (rather
than 'for boys') and there was a 75% increase in the number of Key Stage 2 boys envisaging they could be a teacher;
- Reduced polarisation between girls and boys.
o Whole school legacy:
-ParentsandcarersattendingLiftingLimitsworkshopsfeltempoweredtodiscussandchallengegenderstereotypingwith their
children.
Thepilotevaluationreportisavailableonwww.liftinglimits.org.uk/pilot-evaluation.Thereportmadeanumberof recommendations
tothosebodiesinvolvedinthecontent,qualityanddeliveryofchildren'seducationandwecontinueworkingtoprogress these
recommendations.
Sincetheendofthepilotwehavecontinuedtoenrolschoolstoourprogramme,with28schoolscurrentlyenrolled.Inparallel with
schools work, we are developing plans for scaling across networks of schools.
Impact of Covid-19
WithlockdownclosingschoolsinMarch2020,anddisruptiontoeducationongoingthroughoutthe2020-21schoolyear,we moved
ourtrainingonline.Wearenowoperatingacombinationofin-personandonlinetraining,whichenablesustoreachschools outside
London sooner than staff capacity would otherwise allow.
FINANCIAL REVIEW
Financial position
During its first period, the charity secured funding from various sources and, after expenses, held a surplus of £48,120.
Theprincipalsourcesoffundshavebeengrants,donationsandcontributions,themajoritybeingfromgrantswhichtotalled £50,740
intheyear,alongsidesomeearnedincome.Themajorityofincomeisappliedtothelearningprogrammeactivitieswiththe main
costs incurred being salaries and consultants' fees.
GeneralfundsareusedtosubsidiseprogrammeactivitycostsandtoexpandtheCharity'scapacityandoperations.Restricted income
funds are used for a specific charitable purpose as declared by the donor when making the grant (see note 4 to the accounts).
Reserves policy
Duetotherecentformationofthecharityandthenatureofthecharity'swork,thereservespolicyissuchthatexpenditure is
incurredasrequiredandreservesaremaintainedataleveltomeetongoingcommitments.Thecharitydoesnotactivelytry and
maintainsurplusreservesbutisconstantlymonitoringitsfinancialpositiontoensurethatthereisfundinginplacetomeet the
charity's obligations on a day to day basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a constitution and constitutes a Charitable Incorporated Organisation (CIO).
Page 2
LIFTING LIMITS CIO
REPORT OF THE TRUSTEES
FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
TheTrusteesconsiderrecruitmentofnewTrusteesastheneedarises,havingregardtotheskills,knowledgeandexperience needed
fortheeffectiveadministrationoftheCharity.AnyTrusteevacanciesidentifiedwillbepublishedandapplicationssought from
suitablyqualifiedcandidates.LiftingLimitsisanequalopportunitiesemployerandwelcomesapplicationsfromallsuitably qualified
persons. Trustees are appointed (for a term of four years) by resolution of the Trustees.
Organisational structure
The board of trustees administers the charity. They have appointed a CEO that oversees the day to day affairs.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1187603
Principal address
85 Great Portland Street
London
W1W 7LT
Trustees
M E Yule (appointed 27.1.20)
A A Van Woudenberg (appointed 27.1.20)
F M Miller Smith (appointed 27.1.20)
Independent Examiner
Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH
Approved by order of the board of trustees on 18 November 2021 and signed on its behalf by:
F M Miller Smith - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LIFTING LIMITS CIO
Independent examiner's report to the trustees of Lifting Limits CIO
IreporttothecharitytrusteesonmyexaminationoftheaccountsofLiftingLimitsCIO(theTrust)fortheperiod27January2020 to
31 January 2021.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewiththerequirements of
the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActandincarryingout my
examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwiththe examination
giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshouldbe drawn
in this report in order to enable a proper understanding of the accounts to be reached.
D Fine FCA
Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH
25 November 2021
Page 4
LIFTING LIMITS CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
|
|
Unrestricted |
Restricted |
Total |
|
|
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
INCOME AND ENDOWMENTS FROM |
|
|
|
|
Donations and legacies |
|
33,995 |
31,200 |
65,195 |
Charitable activities |
|
|
|
|
Charitable actvities |
|
7,335 |
- |
7,335 |
Total |
|
41,330 |
31,200 |
72,530 |
EXPENDITURE ON |
|
|
|
|
Raising funds |
|
9,845 |
- |
9,845 |
Charitable activities |
|
|
|
|
Charitable actvities |
|
14,565 |
- |
14,565 |
Total |
|
24,410 |
- |
24,410 |
NET INCOME |
|
16,920 |
31,200 |
48,120 |
TOTAL FUNDS CARRIED FORWARD |
|
16,920 |
31,200 |
48,120 |
The notes form part of these financial statements
Page 5
LIFTING LIMITS CIO
BALANCE SHEET 31 JANUARY 2021
|
|
Unrestricted |
Restricted |
Total |
|
|
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
CURRENT ASSETS |
|
|
|
|
Cash at bank |
|
31,320 |
31,200 |
62,520 |
CREDITORS |
|
|
|
|
Amounts falling due within one year |
3 |
(14,400) |
- |
(14,400) |
NET CURRENT ASSETS |
|
16,920 |
31,200 |
48,120 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
16,920 |
31,200 |
48,120 |
NET ASSETS |
|
16,920 |
31,200 |
48,120 |
FUNDS |
4 |
|
|
|
Unrestricted funds |
|
|
|
16,920 |
Restricted funds |
|
|
|
31,200 |
TOTAL FUNDS |
|
|
|
48,120 |
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon18November2021andwere signed
on its behalf by:
F M Miller Smith - Trustee
The notes form part of these financial statements
Page 6
LIFTING LIMITS CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenpreparedin accordance
withtheCharitiesSORP(FRS102)'AccountingandReportingbyCharities:StatementofRecommendedPractice applicable
tocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKand Republic
ofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeenprepared under
the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,itis probable
that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictionsarise when
specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Financial instruments
Thecharityonlyhasfinancialassetsandfinancialliabilitiesofakindthatqualifyasbasicfinancialinstruments. Basic
financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 January 2021.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 January 2021.
continued...
Page 7
LIFTING LIMITS CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Head of Education
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Head of Education
TOTAL FUNDS |
Net
movement
At
in funds
31.1.21
£
£
16,920
16,920
31,200
31,200
48,120
48,120
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
41,330
(24,410)
16,920
31,200
-
31,200
72,530
(24,410)
48,120 |
At
31.1.21
£
16,920
31,200 |
|
|
48,120 |
|
|
48,120 |
ThecharityreceivedarestrictedincomegrantforthepurposeoffundingthesalarycostsoftheHeadofEducationfor the
charity. No salary costs were incurred against the fund in the year.
5. RELATED PARTY DISCLOSURES
Othercreditorsrelatestoaloanof£12,000advancedbythespouseoftheCEOofthecharity.Therewasnosecurity or
guarantee on the loan and following the year end the loan was waived and donated to the charity.
Page 8
LIFTING LIMITS CIO
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 27 JANUARY 2020 TO 31 JANUARY 2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Charitable activities
School training and programmes
Workshops
Total incoming resources
EXPENDITURE
Raising donations and legacies
Funding consultancy
Charitable activities
Freelance consultancy
Workshops & teaching
Training
Support costs
Other
Insurance
IT & Marketing Costs
Misc office expenses
Recruitment
Governance costs
Independent examiners fees
Total resources expended
Net income |
£
14,455
50,740 |
|
65,195
6,285
1,050 |
|
7,335 |
|
72,530
9,845
8,096
1,225
100 |
|
9,421
235
2,354
105
1,370 |
|
4,064
1,080 |
|
24,410 |
|
48,120 |
This page does not form part of the statutory financial statements
Page 9