## **Trustees’ Annual Report for the period**
**From Period start date 1[st] of April 2022 To Period end date 31[st] of March 2023**
## **Charity name: Inspire Foundation Nottingham**
## **Charity registration number: 1193890**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**TO ADVANCE THE EDUCATION OF**
**CHILDREN AND YOUNG PEOPLE,**
**PREDOMINATELY THOSE AGED**
**BETWEEN 9 AND 19, IN THE SUBJECTS**
**OF SCIENCE, TECHNOLOGY,**
**ENGINEERING AND MATHS (STEM) AND**
**OTHER SIMILAR SUBJECTS OF**
**EDUCATIONAL MERIT.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Due to COVID-19, our charity had limited**
**activities in the financial year 2021-2022.**
**However, we have been gradually**
**recovering and restarting our operations**
**to fulfill our purpose for public benefit.**
**Hence during the indicated period, we**
**have planned out activities which have**
**followed in the 2022-23 period. Our recent**
**activities include a series of workshops**
**with young people in Nottingham. We**
**remain committed to serving the**
**community and making a positive impact.**
**We are also very grateful to have named a**
**new charity chair recently, Prof. Elvira**
**Perez Vallejos. This strategic**
**appointment will facilitate new**
**collaborations with the local Nottingham**
**based universities as well as other local**
**and national organisations.**
**We have already planned a series of**
**activities and workshops in the 2023-24**
**financial year.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**This charity aims is to provide means of**
**development and inspire young people in**
**the community in the subjects of Science,**
**Technology, Engineering and Maths and**
**other similar subjects of educational**
**merit. The trustees confirm that they have**
**had regard to the guidance issued by the**|
**Charity Commission on public benefit in carrying out their duties and responsibilities as stewards of the charity. They have taken steps to ensure that all activities, projects, and services carried out by the charity are aligned with the charity's objectives and serve the public benefit, as outlined in the guidance. All activities carried out by the charity are subject to discussions at regular trustee meetings to follow the objectives of the charity.**
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The charity experienced a slow but**
**constructive recovery after the COVID-19**
**pandemic, with activities being**
**suspended temporarily. During the first**
**operational year (2021-22), the focus was**
**primarily on planning future activities and**
**initiatives to support the community. We**
**have also worked on the requirements**
**and developments for our website, which**
**was one of the pressing outstanding**
**actions. Despite the challenges posed by**
**the pandemic, the charity has made**
**significant progress and plan activities**
**starting with April 2022.**
**We have actually returned and carried a**
**series of workshops with young people in**
**Nottingham in the indicated financial year**
**which we are very proud of. The planned**
**activities for the 2023-24 financial year**
**aim to make a tangible difference in the**
**circumstances of our beneficiaries, as**
**well as provide wider benefits to society**
**as a whole.**|
## **Financial Review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity's financial position at the end**
**of March 2023 has been reviewed by the**
**trustees and is considered to be relatively**
**strong, as the charity expenditure was 50**
**during the financial year 2022-23, hence it**
**has not suffered much loses. We have**
**also addressed the problem of**
**fundraising in the upcoming years to**
**ensure continuity of our impactful**|
|---|---|---|
|||**activities. We considered a variety of**
**sources as well as fundraising activities.**|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**As no activities that required financial**
**contributions have been carried out**
**during this period, we retain the funds for**
**future activities. The only expense was**
**the costs associated with renting a room**
**for our trustee meetings.**|
|Amount of reserves held|Para 1.22|**£8109.69**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Charity Constitution (last updated on the**
**21 March 2021)**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Election during the AGM or Trustee**
**Meetings as indicated in the charity**
**constitution.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**Health and Safety policy**
**Equal Opportunities and Diversity Policy**
**Risk Assessment policy**
**Safeguarding for Children policy**
**Vulnerable Adults policy**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**CIO**|
||||
## **Names of the charity trustees who manage the charity**
**Dates acted if not for Office (if any) whole year**
**Trustee name**
|1
2
3
4
5
6
7||Prof. Elvira Perez
Vallejos|Chair|24th of June 2023|
|---|---|---|---|---|
|||Dr Symeon
Dionysis|Trustee|27 November 2021|
|||Dr Elena-Vanessa
Botan|Trustee|27 November 2021|
|||Sorin Nica|Trustee|31st of March 2023|
|||Dr Adrian Cornelius
Marinescu|Trustee|22 March 2021|
|||Dr Horia Alexandru
Maior|Trustee|22 March 2021|
|||Andrei Mihai
Rotaru BA and
LLM|Trustee|22 March 2021|
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**----- Start of picture text -----**
Signed on behalf of the charity’s trustees
Signature(s)
Andrei Mihai Rotaru
Full name(s) Horia A Maior
Position (eg Trustee Trustee
Secretary, Chair, etc)
**----- End of picture text -----**
**Date** 31st of January 2024