## **Trustees’ Annual Report for the period**
**From Period start date 1[st] of April 2023 To Period end date 31[st] of March 2024**
## **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|**We have conducted all planned charity**
**activities for the year 2023-24 which**
**included a few Outreach events**
**including Science in the Park organised**
**at the Wollaton Hall, and one by**
**Broadway Cinema.**|
|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|**We have welcomed a new Chairperson**
**Prof Elvira Perez which has brought a**
**new level of leadership to the charity.**
**Re-started our charitable actions by**
**participating in Nottingham Science**
**Outreach events**
**We welcomed a new strategic trustee**
**Dominic Price that enabled new**
**collaborations including Cobot Maker**
**Space, strengthening our relationship**
**with the Local Universities.**|
## **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 2024 has been reviewed by the**
**trustees and is considered to be relatively**
**strong, as the charity expenditure was**
**190 during the financial year 2023-24,**
**hence it has not suffered much losses.**
**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 significant**
**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**
**and minimal consumables for our**
**activities.**|
|Amount of reserves held|Para 1.22|**£7970.17**|
|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**
|1
2
3
4
5
6
7|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|
|---|---|---|---|
||Prof. Elvira Perez
Vallejos|Chair|
24th of June 2023|
||Dr Symeon
Dionysis|Trustee|27 November 2021|
||Dominic Price|Trustee|18 February2024|
||Sorin Nica|Trustee|1st of April 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.**
## **Signed on behalf of the charity’s trustees**
**Signature(s)**
Symeon Dionysis
**Full name(s)** Horia A Maior **Position (eg** Trustee Trustee **Secretary, Chair, etc)**
**Date**
11[th] of January 2025