## **Trustees’ Annual Report for the period** **From 1[st] April 2023 Period start date To 31[st] March 2024 Period end date** **Charity name: Albion Business School** ## **Charity registration number: 1195048** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|The advancement of education for public
benefit in business and entrepreneurship
primarily, but not exclusively for students in
developing regions of the world.| |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|Our charity has engaged in several key
activities to further our mission for public
benefit. These include:
**Developing Partnerships**: We have
partnered with social enterprises that share
our mission, particularly those providing IT
equipment to Africa. This includes both
recycling initiatives and supplying
standalone solar-powered equipment.
These efforts are aimed at bridging the
digital divide and supporting educational
access in underserved regions.
**EdTech Sponsorship and Support**:
Albion's sponsorship of the EdTech stream
at Super Connect for Good 2023 was a
significant activity. By providing judges for
the 34 entrants and facilitating partnerships
with the winners, we have promoted the
development and implementation of
innovative educational technologies.
**Grant Applications for Entrepreneurship**
**Education**: We have written and submitted
numerous grant applications focused on
delivering entrepreneurship education.
These initiatives target communities in
Africa and ethnic groups in Birmingham,
aiming to equip individuals with the skills
needed to foster economic growth and self-
reliance.
**International Educational Relationships**:
We have established relationships with
organizations in Ghana, Zambia, Nepal,| |||Liberia, Nigeria, India, Pakistan, and
Bangladesh. These partnerships aim to
provide tuition and educational services in
these countries, thereby expanding our
reach and impact on a global scale.
These activities are integral to our purpose
of enhancing educational opportunities and
supporting economic development. They
reflect our commitment to public benefit by
ensuring that education and technology are
accessible to all, thereby promoting
equality and fostering global development.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit|Para 1.18|The trustees have used the guidance on
education for public benefit to ensure the
charity meets the public benefit
requirement.| ## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
The advisory board have provided
Para 1.38 networking and fundraising support.
Contribution made by
volunteers
Other
**----- End of picture text -----**
## **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 made significant strides in
fostering partnerships with other social
enterprises that align with our mission.
Notably, two of these partnerships focus on
providing IT equipment to Africa. This is
achieved either through recycling initiatives
or by supplying standalone equipment
powered by solar energy, thus addressing
the digital divide in a sustainable manner.
Additionally, Albion sponsored the EdTech
stream at Super Connect for Good 2023.
This sponsorship included providing judges
for the 34 entrants and creating
opportunities for collaboration with the
winners, thereby promoting innovation in
education technology.
Our efforts in securing funding have been
proactive. We have submitted multiple
grant applications aimed at delivering
entrepreneurship education to communities
in Africa and ethnic groups in Birmingham.
This initiative is designed to empower
individuals with the skills and knowledge
necessary to foster economic growth and
self-sufficiency.
Moreover, we have cultivated relationships
with organizations in Ghana, Zambia,
Nepal, Liberia, Nigeria, India, Pakistan, and
Bangladesh. These partnerships are
focused on extending our educational
services and tuition programmes to these
countries, thereby broadening our impact
and reaching more beneficiaries globally.
These achievements not only improve the
immediate circumstances of our
beneficiaries by providing access to
education and technology but also
contribute to the wider societal benefits. By
empowering individuals with education and
resources, we promote economic
development, reduce inequalities, and
foster a more inclusive global community.| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|
These activities have collectively allowed
us to advance education in business and
entrepreneurship by:

Providing access to necessary
technology and resources.

Supporting the development and
implementation of innovative
educational tools.

Securing funding for targeted
educational programs.

Expanding our reach to a global
audience, particularly in developing
regions.
By doing so, we are meeting our objective| |---|---|---| |||and making a significant impact on the
educational and economic landscape of
these regions, fostering a generation of
educated, skilled, and empowered
individuals ready to contribute to their
communities and beyond.| |---|---|---| |Performance of
fundraising activities
against objectives set|Para 1.41|In this financial year, we have raised over
£5000 through a diverse range of activities,
including Crowdfunding lead by the
advisory group, a 25-hour walk by one of
our trustees, and various donations. This
performance highlights our successful
fundraising efforts in engaging our
community and supporters.| |Investment performance
against objectives|Para 1.41|N/A| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the
end of the period|Para 1.21|Over £5000 has been raised during this
period.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|As a small charity we maintain funds for the
upcoming academic year and our reserves
policy plans for addressing risks of
unplanned events during the next year. The
required reserve amount is based on future
financial/student forecasts and is regularly
reviewed to ensure alignment with the
charity's financial health and strategy.| |Amount of reserves held|Para 1.22|£5587.92| |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|None| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds
(including any fundraising)|
Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the
principal risks facing the
charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing
document
(trust deed, royal charter)|Para 1.25|Constitution and Articles of Association| |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|The charity requires a set of competencies
to deliver impact and sustainably in its
public benefit.
The charity reviews the skills, knowledge
and experience of the applicant based on
the Trustee role and current trustee’s to
meet its needs.| ## **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|| |---|---|---| |The charity’s
organisational structure
and any wider network
with which the charity
works|Para 1.51|| |Relationship with any
related parties|Para 1.51|| |Other||| ## **Reference and Administrative details** Charity name Albion Business School Other name the charity uses Registered charity number 1195048 |Charity’s principal address|Blackthorn House Mary Ann Street, St Pauls Square,
Birmingham, England, B3 1RL|| |---|---|---| |||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||David Bozward|||| ||Matthew Rogers-
Draycott|||| ||Deepak Pathak|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements N/A for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Matthew Rogers-Draycott
Full name(s) David Bozward
Position (eg Chair Trustee
Secretary, Chair,
etc)
Date 10.07.24
01/07/2024
**----- End of picture text -----**
|**Albion Business School**|**Albion Business School**||**No (if any)**|| |---|---|---|---|---| |**Receipts andpayments accounts**||||**CC16a**| |**For the period**
**from**|4/1/2023|**To**|3/31/2024|| ## **Section A Receipts and payments** |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
Fundraising
**5,588**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**5,588**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 5,588**
**A3 Payments**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**_Sub total_ -**
**_Total payments_ -**
**_Net of receipts/(payments)_ 5,588**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**-**
**_Cash funds this year end_ 5,588**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**to the nearest £**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**5,588**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**5,588**|**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||**-**| |||||**-**| |||||| ||**-**|**-**|**5,588**|**-**| |||||| ||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| ||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**|| |||||| |||||**-**| |||||| ||**-**|**-**|**-**|**-**| |||||| ||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**5,588**
**-**
**-**
**5,588**|**-**| |||||**-**| |||||**-**| |||||**-**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
**Details**
**Details**
**Details**
**Details**
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**5,588**
**-**
**-**
**-**
**-**
**-**
**5,588**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
David Bozward
Matthew Rogers-Draycott
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||David Bozward|7/1/2024| |||Matthew Rogers-Draycott|7/1/2024|