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2024-04-01-accounts

IGOVS Independent Governor Support Annual Report from Trustees

1

1. Treasurer report and Register of Members

The Bank Transactions and Financial statement are attached as separate documents. The main expenditure this year has been the redesign of the IGovS website which is our main communication system with those seeking our support. Other than this we have bought some promotional materials for use when our members attend governor conferences to raise awareness of our services. Three of our members (non-trustees) were paid to develop course content for the Taking the Chair course that IGovS run on behalf of Governors for Schools. This course is free to new Chairs appointed by Governors for Schools or Chairs that IGovS are supporting.

Our register of Members shows that we are consistent at 32 members, we have had 2 members step down but have also recruited 2 new members. Due to the age of our members, further recruitment is an ongoing process.

2. Support requests.

Requests for our services are increasing. Now into its 3rd year of operations, IGovS has had its busiest year to date in 2023/2024. The need for bespoke support to all those involved in leading governance is very real and the demand for our free service is growing year on year.

We have successfully met all of these requests.

3. Support Data

Our data shows that we have supported 350 Schools, providing 1212 hours for free. This support has been provided to 75 Chairs, 61 Boards, 37 Headteachers/CEOs and 15 Governance Professionals.

4. Ongoing strategies

We have 3 ongoing strategies.

5. Risks

Fund raising – due to the website development, we need to make this a priority for the coming year to ensure we can continue our operations.

Membership – as previously stated, we need to recruit new members in the coming year.

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD DECEMBER 2022 TO DECEMBER 2024

Notes
INCOME AND ENDOWMENTS
Donations
1
Cashback
2
EXPENDITURE
Promotional Materials
3
Service Delivery
4
TOTAL FUNDS CARRIED FORWARD
UP TO
DEC 2024
£
5,791
2
5,793
4,642
600
5,242
551

NOTES TO THE FINANCIAL STATEMENTS

1 Initial donation by members and subsequent donations be educational establishments 2 Cashback service available from bank

3 New website design, launch & support and materials for conferences

4 Payments to members for preparation and/or delivery of service