REGISTERED COMPANY NUMBER: 08689116 (England and Wales REGISTERED CHARITY NUMBER: 1198098 Re rt of the Trustees and Unaudlted Flnanclal Statements ForThe Year Ende(5 31 D cember 2024 for The Venture Comrnun5t Hub L Kingscott Dix Lim Chartered Accountants G¢Jodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 SEN The Venture Communl Hub Ltd Contents of the Financial Statements For The Year Ended 31 Decem er 2024 Pog• Roport of the Trustso6 1 to 11 Indopondant ExamlneV• Roport 12 ststement of Flnanclal Actlvltlos 13 Balanco Shfjet 14 N¢)ts8 to thé Flnanclal Statoments 15 to 22 Det•ll•d Statement of Flnancl•l Actlvttl 23 The Venture Commun5 Hub Ltd ort of the Trustees For The Year Ended 31 December 2024 The trustees who a￿ alw directors of the charity for the purposes of the Companies Act 2006, present their report with the financial slalements of the ¢h8rity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to chaTilies preparing their accounts in accordanoe with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. Thè Venture Community Hub was registered with the Charity Commission in England and Wales {Registered Number 1198098) on 1st March 2022 and is consliluted as a company regisler8J in England and Wales (Number 066891161 and limited by guarantee. Ils objects and powers are set out in its Memorandum an Articles of Association which were updated on 5th November 2021 prior to the registration of the company as charity. Chalrs rgport To fellow Trustees, and to our valued Executive team and all staff members, to our Volunteers and Stakeholders, and lo those other Charity and community partners and friends in our community.. This has been another challenging and successful year for the Charlty as we have diversified the range of our services, and grown Significantly financially and in the $tte of our team. Our income for 2024 w85 £456.8k { in 2023 £372,9kl and our surplus £40.7k lin 2023 a deflcit of £51.5kl,' the full effect of the new youth contract will be fell in the yèar 2025. Our reserves are satisfactory s18nding at £165.1 k lin 2023 £124,4kl The contract for Universal Youth S8rvl¢es was awarded by Glou¢e$tershir& County CoyKil to Gloucestershire Gateway Trust in conjunction with 'The Venture, as a significant contributor, and sub-conlra¢lor. This was awarded in June and commenced in October 2024. 11 is for a duration of S years with an extension clause for an additional years. It has resulted, through both a Tup& transfer of stsff and new team member5, in an increase in the number of our 8mployees from 9 to 16. Our three priority areas afe sUppO￿.n9 exi$ling and creating new Youth Club provision, developlng Youth Led Activities for young people. and Workforce development, namely training pathways for p&mi8nenl staff, gpprenli¢eships and creats'ng a pSpeline for youth workers. The eff8Ct of this new work has been the slrenglhening of our senior and mSddle management with a requisite need for mentoring and staff training together with expandin9 and improving our support seNices and It Systems. The HAF contract, the bedrook of our expansion over th8 last three years, came lo an end in December 2024. 11 has, however, been extended for another year. It is unclear what will then happen but the essential needs it has so successfully met In Gloucester City, protscting the health and welf8re of families during school holidays. remains such an obvious area of concern requiring positsve Government support. In terms of our major capital projects the priority has been approprlately given to the complete refurbishment of the While Cty open access adventure playground requiring funding of £500,000. This celebrated facility having had its 40th birthday in 2023 was part of the combined planning approval gained in November 2023 for ils refurbishment I(￿ether with the new community hub bullding. The recognition of the impact il continues lo have in Gloucester City as a whole was why the City Council made it the numbei one priority in that planning consent. The significant post covid changes in both the funding environment and the economy reported in last years report remain making this a considerable challenge and again requiring the support of both the Gloucester City Council and the new Govemment With the expansion of the Charity and bts range Df essentl81 services the need for the new community hub increases and itself becomes more urgent. Consigned, however, to be at present a second priorty its building and availability is currently being deferred. Page 1 The Venture Commun5 Hub Ltd Re ort of the Trustegs For The Year Ended 31 December 2024 It is important to thank those funders who have offered support for the Playground but our appeal to new funders is to come on board for what are cap((al projects whose impact in this ¢ommunlty will be profound. The Venture pa￿'CUlarlY wlshes lo recognize with thanks the Barnwood TTUSt for the funding of £100,000 over three years for the Top Up Play Days. The role of the Trustees Strategically and operationally in supporting the diversification and growth of 'The Venture, has been fundamental in the success aChIe￿d bul with the consequent effect of an Increasing workload. Deepak Pillai, a new Trustee, is already making a pc6itive contribution, and there are discussions with other pr05pectiv8 Trustees. The need tr> increase the learn from 5 to 8 remains a prK)rily for the Trustee Board. The Charity remains indebted to the incredible loyally and commllment of the management and staff, 8nd to our volunteers. To have all of the team. both staff and Trustees together, at the first 'Away Day, was a joy and further c8menled the huge gense of togetherness that has and will continue lo be a hallmarf( of the Venture Community Hub Ltd. OBJECTIVES AND ACTIVITIES Oblectlvos and alms The objects of the charity as set cut in the Memorandum of Association state that.. o further or benefit all the residents of Gloucester City, and in partlcular the neighbourhood, without distinction of age. sex, Sexual orienlatSon. race or of political. religious or other opinions by associating logelher the said residents and the local authorities, voluntary and other organisalions in a common effort to advance education, and lo provide facilities In the interests of so¢lal welfare for recreation and leisure time occupation with the objectNe of improving the conditions of life for the residents, In furtherance of these objects but not otherwise, the directors shall have power.. To establish or secure the establishment of a Community Centre and Adventure Playground and lo malntain and manage or co.operate with any statutory authority in the maintenance and management of such facilities for aclivllies promoted by the ¢harily in fvrtherancè of the above objectlves." Following a review by the Board the voting memb&rs of the Company and Charity have been amended as follows.. A) Any newly appointed Director of the company should automatically become a member. B) Any appointed member of the Communlty Engagement Group should automatically becorne a member. Cl The CEO should be a member. The Charity is aware of the Chanty Code of Govemance and is working towards incorporation of the Code into its governance practice, using the Charity Code of Governance assessment tool. Publlc benefft This Annual report ¢xplains how the charity has caryled out its objects in aGwrdance with the Charity Commissions guidance on Public Benefit. The Trustees have concluded that the stal8J objecllves and aclivits'es of the Charity are beneficial lo the intended sections of the public in accordance with thls guidance. The Trustees consider that they have complied with their duty to have due regard to the public benefit guidance when exercising any powers or duties lo which the guidan￿ is relevant. Page 2 The Venture Communl Hub Ltd Re ort of the Trustees For The Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE Charitable activitles 2024 has been a year of purposeful growth and impact across all areas of our work. Through the dedication of our staff, volunteers, and partners, The Venture Community Hub has continued lo delwer responsive. inclusive, and high-quality services that directly address the needs Df children. yOLsng people, and familles across Gloucester. Play & Comrnunlty Support Our Play Team has delivered 144 after-school sessions and 48 school hollday sessions. providlng safe, creative, and Inclusive 8nvironment5 where children can play, leam, and grow. This work remains central to our mission-supporting children's developm8nl through meaningftjl engagement and ensuring consistent access to positive expenences. In 2024. we also organised 6 large-scale community coach trips and 18 targeted day trips for chIld￿n and young peopl8. Our volunteer programme Continues to thrive, with 2,304 hours contributed by young people aged 5-25. These volunteers are not only supporting delivery they are developing skills. confidence, and strong sense of civic responsibllity. We had over 11.500 engagements with children and young people and provided direct support lo 42 families facing Complex challenges such as bereavement. teenage pregnancy, and school exclusion. Our 18am's open-door approach has ensured timely, Sensitive support for those in need, relnforcing our role as a trusted anchor within the communty. Youth Support Sorvlce• The expansion of our Youth Support Services has been one of the deflning developments of the year. The launch of the Universal Youth Services Contract saw our team grow and our capacity increase subslanlially. We are now dellvering regular open-access youth club sesslons each week at The Vibe Youth Centre in Coney Hill and are supporting 8 growing number of city wide partner organisations to strengthen the quality and safety of their youth provision. We have also initlated a mapplng exercise lo identify unmet needs across local areas and infom the design of future outreach Work. A new Youth Fund, led by young people Ihem5elve6. is being established to support additional activitles, and we are co4eveloping a Youth Voice strategy lo ensure that the voices of ycung people are central to decisions that affect them. Staff development has been 8 key Priority. We are acliv&ly training new stsff and volunteers and laying the foundations for a city-wide Youth Work Irainlng pathway, which includes plans lo introduce Youth Work Apprenlice$hip8 In the near future. Hollday Acllvltles and Food {HAF) Progfamme In 2024, our HAF programme conllnued to make a significant conlribullon to tackling holiday hunger and social isolation. Working with over 40 delivery partners, we coordinated 385 free activity session$ across the city. More than 8,000 meals were distrlbuted via the Eat Well Wagon, and 3.375 free tickets were provided to k)cal attractions. Our team responded lo neady 2,000 enquiries from parents, carers, and professionals-dèmonstrating the ongoing dernand for this essential programme. We also delivered Pop-up Play Days and open-air cinema events in areas with little or no existing provision, ensuring familles in undèrserved communlties had atte$s lo quality, free holiday experiences. Page 3 The Vgnture Communl Hub Ltd ort of the Trustees or The Year Ended 31 December 2024 FINANCIAL REVIEW Results for the year The results for the year to 31 Deoember 2024 were very good and in fact exceeded Trustees expectations. Total income at £456.8k was ahead of prior year by £84k122.5%1. Unr8stri¢ted income at £141.9k was down from prior year by £29.4k but at 31% {2023'. 46trAI of total income is still maintsining a very acteplable lev81. Overall, the surplus for the year was £40.7k1£51.5k deficit in 2023). Consequently. net assets increased to £165.1 k {2023'.124.4kl. Set out below is a summary analysis of the key changes in our income lev81s'.- 1. 8amwood Trust There was an inC￿a$8 of £24.8k In fundlng received from the Bamwood Trust this year, The majority of which is the first payment of a 3 year fundSng 8gr8èment for the provislon of Pop Up Play Days from December 2024 - December 2027. 2. Youth Services Contract In Octob8r 2024 we entered into a new Service Level ag￿ement with Gloucestershire Gateway Trust to be the lead delivery partner for their Universal Youth Services Contract. £28.8k was recélved to cover the first quarter of costs and management fee expended on this project. 3. Build Back 88tter Fundirsg Our local ward Councillors awarded us £13k funding for projects related to food and young people. 4. Healthy Communities Together W8 ￿CeIved £5k lo fund an exploratory of Work around our collabor8ts.on and relationships with other VCSE organisations. partlcularly in relation to the delivery of the Youth Contract. 5. Active Communlbes A grant of £4.8k was recelved to fund a¢tivitias to encourage communities to come together and connect durlng the summer of 2024. 6. Small Grants £9.9k w88 recelved as a result of smaller funding appllcatlens written throughout the year. Expendrture In 2024 at £416k was £8k below prlor year. The princlpal reasons for this is as follows.. 1. Youth SeNi¢es ContraGI.. higher expenditure of £17k as funded by the new contract revenue 2. Professional fees associated wlth tax and new contract advice lower in 2024 by £12k 3. Other costs down by £14k Resorrfes As of 31st Decemter 2024, the charity's unreslricled fund$ were in surplus by £86.1k 12023.. £65.8kl. Restricted funds at 315t December 2024 stood at £79.1 k12023', £58.6k}. Total reserves In¢￿aSed 32.7% to £165.1 k {2023: £124.3kl, principally because of the surplus in the year. The total expenditure incurred on the new build project In 2024 is £14.7K. We are left with £6.7k carried forward into 2025. The movement in funds is shown in Note 10 to the account5. Page 4 Thg Venture Commun Hub Ltd Re ort of the Trustees The Year Ended 31 December 2024 FINANCIAL REVIEW Prlncipal funding sources The Charity's 8usine5s Model The charity currently derives ils income from several sourGes with Grant Income comprising 90% of the total 98neral8d in 2024 of £456.8k. Restricted Income ¢omprises 68.9'/012023'. 54.hl of total income. Almost all our restricted income in 2024 comes from grants with the largest providers being the HAF programme149 %. 2023.. 66°kl. The other providers are listed in Note 2 to the accounts. The principal sources of unre$lricled income come from a grant provided by the Gloucester$hir8 Gateway Trust {£20kl, management services fee for the Youth Sefvices contract1£11 kl and a grant from Gloucester County Council IGCCI for the Charity's role a5 HAF district lead1£64kl. Reserve8 poII¢y The charity's reserves policy seeks to protect all ils stskeholders, in particular its clients and staff by ensuring that services can conbnue to operate should unforeseen fluclualions in income or expenditure OCCUT. Tha Board has estsblished a Reserves policy lo protect these Stakeholders and reviewed the policy in February 2025 carrying out a delalled analysis of ils 2025 budgeted income and cost base to determine th8 reliability of Ils income and the exlenl to which its expenéilure is committed. The Ventur& Communty Hub provides important servlces to many beneficiaries within the GlouGesler clty boundari8s not least through ils Adventure playground and HAF seNices. In general, we have a limited number of funders whose funding commitment (apart from HAFI is approximately one year. The only material exception is the Youth Services contract whlch Is for an initial period of 5 years ¢ommencing October 2024. Based on this analysis the Trustses consider it prudent to hold reserves represenung the full conlraclual commitment it holds for its staff 8nd suppliers. Thls commitmènt 1$ betsveen 3 to 6 months. In total at current planned18vel$ of aclivty th8 reserve should b& approxim8teW £88k. The Charty currently holds unrestricted reseNes of £86.1k which 1$ In line with the reserves pollw. The Trustees wlll ￿VIeW thls policy during Q12026 Golng conc•m The Charity has maintained healthy reserves throughout the year and sufflcient funding Is in Place to ensure that Its going concern status is not placed at risk. Page 5 The Venture Communl HubL Re ort of the Trustees For The Year Ended 31 Decembor 2024 FINANCIAL REVIEW Cash and Cash Flow Cash 1$ tightly managed throughout th8 year and a balance of £160.6k was held at the end of 2024 12023., £101.1 kl The increase in cash during 20241- £59.Skl can be analysed 89 follows.. Net income for the year £40.7k Add back depreciation £7.9k Decrease in debtors £17.2k {Oecre8S81 in creditors {£8.3k} Nel cash from Operallng aclivf(ies £59.5k Purchase of fixed assets nil Change in cash at bank £59.5k Cash at bank at start of year £101,1k Cash at bank at end of y8ar £160.6k Given the level of fvnds held with the Cooperativa Bank the Board agreed to open an account with Lloyd5 Bank during 2024 to benefit from the Financial SéThices Compensatlon Scheme and reduce its dependence on the Cooperallve Bank. The Board has considered the Cagh flow forecast to December 2025. Thls shows that the charity, based on reasonable estimates of new income sourceg, together with its continuing sources can pay its creditors as they fall due without recourse to addllional funding Page 6 The Ventur• Communi Hub Ltd Re ort of the Trustees ForThe Year Ended 31 December 2024 LOOKING TO THE FUTURE As we look ahead lo 2025 and beyond, The Venture Community Hub enters its next phase with Op￿MIsm, clarity, and a deep sense of responsibility. The scale and complexity of our work has grown significanlly-but so loo has our confidence in the valu8 of what we do and the impact we make. stratsglc PTloritig8 Exp•ndlng youth provi8ion We will continue lo grow our offer at The Vibe, working closely with schools to establish pop-up youth clubs and structured gioup sessions. We will also support young people through initiatives such as the Duke of Edinburgh Award and dedicated programmes for those not in education, employment, or training INEETI, whose numbers are rising. Developlng the workforce As we s¢818 up, we are investing in a clear training pathway for play and youth workers. This Includes exploring the rollout of ApprentlC8ships and working with partners across dlstri¢ts to build Gapacity and future-proof our workforce. Sustslnlng ond strengthenlng communlty support We will maintsin our commitment lo play and family support, continuing lo dellver 8Ctivitles that ar8 Inclusive, responsive, and rooted in the needs of our community. Our targeted work wllh families in need will remain core part of our offer. Capltsl development and InfraBtrn¢ture While the refurblshment of the playground remalns our primary capi181 priorlty, we are also continuing to plan and advocate for our future Community hub. Both projects a￿ essenllal lo delivering our long-term vision and expanding our capaclty to serve. Navlgatlng fundlng uncertalnty The extension of the HAF programme into 2025 is welcome, but bts long-term future is uncertain. We are 8¢1ively explortng sustainable models and advocating for continued investment in thi$ vi181 area. Our broader stratègy in¢lud6s dlversifying income and building stronger relationships with funders and poliGymaker6. Our Cornmltment In all of Ihls, our focus rema5n8 unwavenng.. to provlde high-quallty, inclusive seNices that meet the needs of child￿n, young people, and families in Gloucester. We are proud of what we've achieved in 2024, and we are ready to meet the challenges and opportunities that lie ahead. As we grow, we will stsy true lo our values-collaborative. compassionate, and rooted in community. STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng document The Venture Community Hub was registered with the Charity Commission In England and Wales (Registered Number 11980981 on 1 st March 2022 and is conslituled as a company registered In England and Wales (Number D66891161 and limited by guarantee. Its objects and powers are set out in its Memorandum and Articl8$ of AsscGialion which were updated on 5th November 2021 prior to the registration of the company as a charity. Page 7 The Venture Communi Hub Ltd rt of the Trustees For The Year Ended 31 December 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Charity constitutlon The objects of the charity as Set out in the Memorandum of Association state that.. "To further or benefit all the residents of Gloucester City, and in particular the neighbourhood, wlhoul distinction of age, sex. sexual orienlalion, race or of political, religious or other opinions by associating together the sald residents and the local aulhorilies, voluntary and other organisalions in a common effort to advance education, and to provide facilities in the interests of social welfare for recreation and leisur8 time occupation with the objective of improving the conditions of life for the residents. In furth8Tanc& of these obje¢ts but not otherwise, the director5 shall have power.. To establish or secure the establishment of a Community Centre and Adventure Playground and lo mainlaln and manage or co-operate with any ststutory authority in the maintenance and management of such facilitles for activities Pfomoted by the charity in furtherance of the above objectives." The voting members of the Company and Charity are the Directors (Trustees), The Charity 1$ aware of th8 Charity Code of Govemance and is working towards incorporation of the Code Into its governance practice, using the Chanly Code of liovemance assessment tool. Board of Trustee8 and thelr rmponslbilitl The governing body is the Board of Trustees {"Board'l whose members are elected by the charfty's membershlp at the Annual Generdl Meeting and are directors for the purpose of company law and trustees for the purpose of charity law. The Board of Trustee8 is constituted and regulated in accordance with The Venture Community Hub's Memorandum and Articles of Association which the Board is using as a basis to devebp its own Govemance Framework document. The Board consists of o mbnirnurn of 3 Trustees and there Is no maximum number of Trustses. CurT8ntly there are S Trustees including one recent appointment, Mr Deepak Pillai. The Board of Trustees meats every fv40 months lo d&temiine the ongoing strategic direclSon and operational activity of the Charity. The agenda for these monthly meetings include the following standing ilem5-. Declaration of Interest, Action Log, CEO report, New Build Project, Risk Management. Finance, Govemance. Mlnutes are recorded and circulated for all Board of Trustees meetings. Additional meetings of The Board of Trustees are called if required. Followng a review in 2023, the pdncip81 responsibilibes of the Trusté8s dovetail effectively wllh those of management. The Statement of Resetved Powers and Delegated Authorities tays out the Functions Reserved to the Board and those Functions Delegated to Management. The Trustees have responsibility for those matters that are likely lo have a material impact on the organisalion, p8rformance. and reputation of the charity. All matters not specifically reserved to the Board and necessary lor the day-to4lay operations of the charity will be delegated lo management. Page 8 The Venture Commun Hub Ltd Re ort of the Trustees ForThe Year Ended 31 December2024 STRUCTURE, GOVERNANCE AND MANAGEMETr Oryanisational structure The Board of Trustees currently has the following posts of responsibility.. Chair, Vice-chair, Treasurer and Governance, MembeTS of the Board ol Trustees receive no remuneration or b8nefils from their Trusteeship of the Charity. The CEO reports into the Board with a specffic reportlng line to the Chair. D•tall$ of tho Trustees aro noted bel¢)w. Chair-, Dr8we Lacey BA Ihonsl, Bsclhonsl, DMS. FRSA (appointed 07103120221 Drewe has strategic business expertise and strong financial mana9emenl in general management and ownership through roles in FTSE 100 Companies such as BTR plc and international ¢ompanies such as Ford Motor Company. to his own business in the regulated financial services sector. He won the IOD Ciirector of the Year Award in Wales for a family business. He has also developed an expertise in busin8S5 chang8 engaging with his Livery Company, the Metropolitan Grand Lodge Of London, and Di51f1¢t 1100 of Rotary GB&I, an araa including Bristol and North Somer5et. Gloucesl&r$hire, Herelordshire and Monmouih5hire and parts of Willshire and Worcestershire Vic&Chair'. Sue CLsnningham Sue is a registered Social Worker who works in Community and Economic development. She is CEO of a loGal charity, GL Communities, a role she has hold for Ihe last 25 years. Sue has vast experience, knowledge and skills in leadershlp and management and leads on partnership and collaboration. She has been a Trustee of the Venture for many years and truly believes in the benefits ot providing play and support for children and families at grass roots level. Sue is involved with many other or9anlsalions providing leadership, management and support and works alongside all elements of community engagement. Treasurer.. Chris Elliott BA Ihonsl, FCMA, MIOD (appointed 07103120221 As an independent professional of 14 years Chris holds a range of non-executlve director pOsit￿n¥ and provides consultancy seNice$ principally lo famSly and private equity owned businesses, primarily within the business support services, healthcare, technology and thlrd sectors. As an executive Chris brin9s a wlde range of 8oard Level experience from the private and public sectors. He is a qualified accountsnl ￿th over 30 years of commercial. operatlonal, and financial management experlence, most ￿CenIty as Group MD for a FTSE 100 servlces group. Goveman¢e'. Joanna Robinson-cox Bsc (honsl, PGCE18ppoinled 07103120221 Joanna is a chemlstry graduate with over 30 years, teachin9 experience in stale secondary schools. She has held a variety of middle and senior leadership roles within the academic. pre-vocational and pastoral aspects of school life, Prior lo her retirement in 2016, Joanna had 12 years, experience as Pastoral Deputy Head Teacher in an Of5ted graded 'Oulstanding' High School in one of the most depfived areas of the country. Her expertise includes Safeguarding, admissions and appeals hearing5, Student attendance and behaviour management, tracking and analyslng student data, parentlcarer liaison, staff development, community has worked as an SLE, (Senior engagement, governing body work and membership of Local Authority panels. Joanna Leader in Education), deSlvering high quality in-service training to high schools around the country. She has written Irainlng modules on behalf of the National College for the NpasL programme (National Professional Qualificallon for Senlor Lèaders) and has delivered lecture$ and seminars at both local and national level. Deepak Pillai {appointed 23109120241 Deepak is a hands-on and strategic ￿ts11 professional with 18 years of experlence in dlverse ret￿1 and Consulting roles spanning a broad spectrum of categories and multiple roles. He has a successful track record of profitably growing businesses and consistently meeting or exceeding commercial goals. Deepak is an estsblished trainer and public speaker. In his current role, working within the care sector, Deepak has set up a franchise delivering high quality care al home for the elderly in Gloucestershire. Page 9 The Venture Communl Hub Ltd Re ort of the Trustees ForThe Year Ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMETr Deepak has a Bachelor of Engineering (Civill from the University of Pune and a Masters in Management Sciences IMMSI-Markeling from the University of Mumbai. Induction and training of new trustees New Trustees are recruited by personal re¢ommendatiors, extemal references, and an interview wlth the Board, in accordance with Charity Commission guidance CC30. They are inducted In the workings of The Venture Community Hub. using our Trustee Indu¢tion Pack. Members of the Board of Trustees allend external trustee training as required. All trustees are encouraged lo remain up to dale through the Charity Commission guidance on governance and Irusleeship. including the recently added '5 Minute Guide$, An annual 'awayday' for Trustees has been added to the annual calendar to allow lime for long term visioning and planning. team building and Board training. The Trustees will continue to 8Ctively r8crurt appropriate new trustees as appropdate to meet the needs of the charity. A recent audit of the knowledge, skills and expertise of the Trustees has been completed. This has enabled us lo identify skill gaps within the board which, in turn. wlll help with the recruitment of additional Trustee5 to widen the expertise within the group. Poll¢l88 and Procedur98 Over the past twelve months all poliGi8S orwinally adopted by the charity have been reviewed by the Board of Trustees. A review schedule has been drawn up to ensure all policles a￿ reviewed re9ularly as required. All policies are lo be made availab18 electronically to all relevant Parties, The Twstees review the risk matrix on a régular basis. Trust￿ In8uranco The trustee8 have ensured that the Charity is fully insured against all current potential r￿SkS and have in place.. Charity Trustee Assurance £0.05m,' Public LSability £5m,' Employers Liability £1 Om,. Abusa Insurance £5m. REFERENCE AND ADMINISTRATNE DETAILS Rog18tered Company number 06689116 (England and Wales) R•g18tered Chailty numbor 1198098 Reglstered offlce The Communal Buildlng Dick8n$ Clos8 Northfield Road Gloucester Gloucestershlre GL4 6UW TfU8tses C Ellioll Company Director D W Lacey Retired Mrs S J Cunningharn Manager Mrs J M Robinson-cox D R Pillai (appointed 23.9.241 Company Socrotary Mrs D Barnes Page 10 Ven mbèr 20 REFERENCE AND AI)MIN18TPATIVE DETAILS Indèp•ndent Examlner l