In2MedSchool Registered Charity Number : 1197973 Report for the year 31[st] August 2022
Company informaton
Trustees
Brian Wang Chair of the Board of Trustees Gabriela Barzyk Trustee Andrew Bull Trustee
Registered office: 68 Beaumont Crescent West Kensington, London W14 9PF
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Charitable Objective
To advance in life and relieve the needs of young people between the ages of 16-18 who are socially and economically disadvantaged, primarily through
(A) providing support to assist young people to apply to study Medicine and other related subjects at university;
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(B) providing events, resources and advice to support young people applying for higher education;
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(C) providing mentorship programmes;
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(D) providing financial support to pursue higher education.
Our Vision and Mission
In2MedSchool is a widening participation organisation that provides free mentorship, resources, and support for children across the UK aspiring to study Medicine and healthcare-related degrees.
Our mission is to provide a support network for students from widening participation backgrounds, who aim to study medicine and get to university, by providing regular mentoring, numerous resources and various enrichment opportunities to (1) drive their personal development, (2) Ensure they make the right career choices and (3) empower them to see their potential.
We are committed to eliminating barriers faced by students from widening participation backgrounds and shaping a healthcare workforce representative of the community it serves.
Trustee Recruitment
The first charity trustees were appointment due to the skills, knowledge and experience needed for the effective administration of In2MedSchool. All new Trustees will be reviewed by the current Board of Trustees to ensure that their aims are aligned with those of the charity.
Chair of the Board of Trustees Report
When In2MedSchool registered as a charity in February 2022, the organisation underwent internal restructuring. Trustees were appointed to oversee the initiative. With this change, the subcommittee Directors were given greater autonomy over the direction of their subcommittee. The Directors have flourished with this change and used the opportunity to further the impact of the initiative as well as further their own personal development. Today, when so many people are coming out of a period of isolation and limbo, at a time when the world is divided, mentorship can be the spark individuals need to create a better future for themselves.
We are the product of everything that has come before us. It’s our responsibility to pass on our experience on our knowledge to those who come after us.
Trustee’s Report
With the rapid growth of the In2MedSchool community, we continue to see fantastic drive within the organisation and are fortunate to observe the impact it has externally, driving wider conversation around widening participation.
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Gaining charity status in February 2022 has opened a lot more doors for us, and we are pursuing greater challenges and setting higher aspirations while focussing on what matters most – supporting students from WP backgrounds.
At the two-year mark since our inception, we are witnessing our first cohort of Mentees – those who have been with us since the beginning of the initiative - entering university and making their dreams a reality. We continue to be blown away by the testimonials and conversations with our Mentees.
Over the last 12 months, In2MedSchool continued to make significant progress in fulfilling its mission of promoting diversity and inclusion in the medical field. Our focus remained on providing guidance, mentorship and resources to talented individuals who face financial and social barriers to pursuing a career in medicine.
Achievements
Mentorship programme: our Mentorship programme expanded, connecting aspiring medical students with experienced medical students and doctors across the UK. Through this initiative, we provided guidance on university applications, interview preparations and personal development. By August 2022, we had 2,891 Mentors on our mentorship programme, a 52% increase from the period of September 2020-August 2021. We had 2,048 Mentees on the programme, which signified a 99.8% expansion from September 2020 to August 2021. In total, students from 552 schools across the UK had students enrolled in the Mentorship programme. Of those that graduated from our Mentorship programme in August 2022 and informed us of their future plans, 92% were planning on studying medicine or related-degrees at university. Of these, 16% had offers to study at the University of Cambridge or University of Oxford.
Events programme: our Events team have organised and hosted webinars and workshops throughout the term times, as well as delivering the yearly conference and summer school. Open to all members of the public, the events programme has supported aspiring healthcare professionals from all backgrounds to make a more informed decision about their future. Over the period of September 2021-August 2022, the programme delivered 16 programmes, two conferences (one for mentors and one for mentees), a 3-week summer school for adolescents and obtained over 12,000 cumulative views on YouTube.
Acceleration programme: In2MedSchool reached out to disadvantaged communities, conducting lifestyle medicine information sessions, workshops, and career talks. These events helped raise awareness about medical careers and provided valuable insights into the application process and self-development critical for adolescent development. We successfully enrolled 17 schools in England and Wales, reaching over 120 students directly.
Alumni network: the In2MedSchool alumni network grew, fostering a sense of community and support among past beneficiaries. Our alumni actively contributed by sharing their experiences and encouraging more members of the community to engage with the organisation.
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Financial Highlights
The financial performance of In2MedSchool remains strong. The increase in funds allowed us to expand our programmes and offer additional support to more students. Detailed financial report is available in the balance sheets and Accounts and Annual Return report.
Governance and Future Plans
The Board of Trustees actively engaged in the strategic oversight and decision making processes of In2MedSchool. We ensured compliance with legal and regulatory requirements, maintained transparent financial reporting and implemented effective risk management procedures.
Looking ahead, In2Medschool aims to further enhance its programmes and broaden its reach. We plan to strengthen partnerships with educational institutions, medical professionals, and corporate sponsors to expand our mentorship network, increase scholarship opportunities and reach a greater number of aspiring medical students.
Appreciation and Thanks:
We express our sincere gratitude to our dedicated volunteers, Mentors and financial supporters who have contributed their time, expertise and resources to make In2MedSchool’s vision a reality. Your unwavering support has positively impacted the lives of aspiring medical students across the country and has helped create a more diverse and inclusive medical profession.
We also extend our thanks to the wider community, including schools, universities and individuals who have collaborated with us and shown their commitment to our cause.
Together, we can continue to make a lasting difference in the lives of talented individuals who aspire to become medical professionals.
Chair of the Board of Trustees – Brian Wang 9[th] June 2023
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Balance sheets as of 31[st] August 2022
Section A Receipts and payments
| Unrestricted funds | Restricted funds | Total funds | |
|---|---|---|---|
| to the nearest £ | to the nearest £ | to the nearest £ | |
| A1 Receipts | |||
| Voluntary receipts | 9,135 | 300 | 9,435 |
| Other Receipts | 832 | 100 | 932 |
| Sub total | 9,967 | 400 | 10,367 |
| A2 Asset and investment sales | |||
| Loans received from an external funder |
1,345 | - | 1,345 |
| Sub total | 1,345 | - | - |
| Total receipts | 11,312 | 400 | 11,712 |
| A3 Payments | |||
| Costs of charitable activities 195 | 200 | 395 | |
| Governance costs | 1,332 | - | 1,332 |
| Sub total | 1,527 | 200 | 1,727 |
| A4 Asset and investment purchases | |||
| Purchase of fixed assets | 1,742 | - | 1,742 |
| - | - | - | |
| Sub total | 1,742 | - | 1,742 |
| Total payments | 3,269 | 200 | 3,469 |
| Net of receipts/(payments) | 8,043 | 200 | 8,243 |
| A5 Transfers between | |||
| funds | - | - | - |
| A6 Cash funds last year | |||
| end | - | - | - |
| Cash funds this year end | 8,043 | 200 | 8,243 |
Trustees’ Renumeration and Benefits
There were no Trustees’ renumeration or other benefits for the year ended 31[st] August 2022.
Trustees’ Expenses
There were no Trustees’ expenses paid for the year ended 31[st] August 2022
Section B Statement of assets and liabilities at the end of the period
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B1 Cash funds
| B1 Cash funds | ||||
|---|---|---|---|---|
| Details | Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|
| Bank Account balance | 9,388 | 200 | - | |
| Total cash funds | 9,388 | 200 | - | |
| B2 Other monetary assets | ||||
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
||
| N/A | - | - | - | |
| B3 Investment assets | ||||
| Fund to which asset belongs |
Cost | Current value |
||
| N/A | - | - | ||
| B4 Assets retained for the charity’s own use | ||||
| Fund to which asset belongs |
Cost | Current value |
||
| N/A | - | - | ||
| B5 Liabilities | ||||
| Fund to which liability relates |
Amount due |
When due |
||
| Interest free loan from trustee, repayable on demand |
- | 1,345 | - |
Brian Wang Chair of the Board of Trustees Approved by the board virtually on 13/06/2024
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CHARITY COMMISSIO FOR ENGLAND AND WALE In2M•dSchool 11m73 Recei ts and ments accounts CC16a Forth• pwlod from To 01109rèr21 Section A Recèipts and payments Unr95trfcted fund• Endowment fundts R•tstrfct•d fundts Total fundi La¥t to th• nvar••t toth• Mar••t£ to th• nDar••tÉ tothD M•r••t£ thD Mar••t£ A1 Rocol ts Voltsntary rètel Other retelpts 3110 9,43S 832 1O1J 932 S> tolal(Gro$$ Incom8 for AR) 1,967 4QQ A2A•••t and InwBtm•nt IM• Loans recelved from an ekternal funder 1,345 1.341 Sd> tot•1 1,345 1.345 Tot•1 rK•lpts 11,312 11,712 A3P Costs of charitatye artivltSes 195 2QQ Governance costs 1,332 I,J32 s tot•1 1,527 2011 1,727 A4As••t 4nd In¥•rtm•n¢ puT¢ha, tab Pur(hasE of assets 1,742 1,741 total 1,742 1.742 Total payments 3,489 At of re¢elMsl(pym•nt$) ASTrw¥l•r$ bwOn fund$ A6 CaBh fund• Lqat and Ca$h funds thls yr ond
Section B Statement of assets and liabilities at the end of the period Unre5trlcted futtd$ Re5tricled fund5 Endowrnent lund$ t• M4r•t£ Cat Datal B1 Cash fwKts Bank B8lane 9.388 21JO Tot1 ¢a$h funds UnMotrbct•d funds to nD•r••t£ Rmtrkted lundo Endowm•nt funds to nDar••t£ DetaI15 to nDar•st£ B2 Oth•r mon•t•ry •$4•t• Fur toW¢h••••t rr•Dtv•lu• Det8111 B3 IrN•8tm•nt a•ts Fund tOChl•t Curr•ntv•l Dgtalls ¢w¢loplon•ll B4 A•••t• r•taln•d fw th• ehorlty's tMn Fund tr•*Wch Wh•n thji Dotails Inlèm81 ITOé loan ITOM thJAI80, TgP8yAblè on B5 Uabllltle• 1,345