Inspiring Learning Foundation Financial Statement Trustees’ Annual Report for the period
Report covers period from: 5[th] April 2023 (starting date) To: 31[st] April 2024
Charity registration number: 1202637
Objectives and Activities
Purpose
Researching barriers that face young people accessing education and creating programmes using outdoor education to give young people the tools to overcome the identified barriers.
Summary of the main activities
ILF completed the charities first piece of research in conjunction with Dr Emma Whewell, Associate Professor, Learning and Teaching, at the University of Northampton, and Dr John Allan who is Head of Learning and Impact at the Inspiring Learning Foundation. This was a comprehensive look at those young people who are often termed as the “Forgotten Middle”, characterised as young people who have yet to find their specialism and needing any additional support, are often overlooked. From the research we developed a 5-day residential course to give young people the tools they need to find their specialism and make a positive contribution to their communities. Pilots of this course ran to very positive feedback throughout 2023.
Public Benefit
ILF being supported by the company Inspiring Learning is conscious of the guidance issued by the Charity Commission on public benefit. The Trustees have ensured that the charity operates independently at all times and has ensured that 100% of ILF activity is solely for the benefit of young people.
Contribution Made By Volunteers
As our financial statement reflects, Inspiring Learning Foundation is run by volunteers and with donations of support services. We consider this a key strength of the charity, so that those donating funds, time or services know that 100% of their donation will go towards benefiting young people and the purpose specified at the time of making a donation request.
Achievements and Performance
Main Achievements
We ran three courses for young people at various locations in the UK in 2023; these courses were free for young people to attend and the feedback received from the participants, their teachers and parents showed that the training received made a difference to the young person’s performance in the classroom and their behaviour at home. As well as continuing to provide the courses, we also plan in 2024 to introduce a learning platform which will allow course participants to stay in touch with one another in safe, secure environment and allow us to share further information and training with them. Feedback from parents and teachers highlighted that they would like to understand the training provided, so they can support the work in the classroom and at home. We have therefore devised a course for teachers and parents that we will run in 2024.
Fundraising
Our courses are over-subscribed and to provide more we need to attract other funders to work with us. We are reaching out to other organisations to seek their support and will ‘brand’ our course to suit their needs with the content remaining consistent. Due to our low cost base, those funding our courses will know that all of the money they donate will go towards the course and the young people taking part would not have got the opportunity to do so without that organisations support.
Financial Review
Financial position
T he charity has a balance of £19.67 and this has been consistent throughout the year as the only charitable expense is the cost of having a bank account. Our reason for having a bank account is purely to accept donations to cover the cost of delivering courses in 2024. Reserve policy
O ur reserve policy is to hold a balance of £10 to ensure that we can cover our only standing cost. This policy has been met, with the reserve being donated. Going concern
The Trustees consider that it is appropriate to prepare the financial statements on a going concern basis. The going concern assumption is based on our new Business Plan commencing in April 2023 and forming the strategic and business template for the Trust’s current operation. The Plan runs until March 2025. The first year is drawing to a close, and financial performance is as predicted in the Plan; due to our low cost basis strategy. The Trustees continue to investigate opportunities to enhance the long term sustainability of the Trust, including seeking new collaborations. As a result of all the above the Trustees consider the going concern basis to be appropriate.
Structure, Governance and Management
The Inspiring Learning Foundation is a CIO, registered with the Charities Commission of England and Wales in April 2023. All Trustees are selected to a skills matrix and can demonstrate that they work in related fields that can add value to the continued development of the organisation. Our company secretary provides governance and administrative support at zero charge to the charity.
Reference and Administrative details
Charities principal address: Fern Lodge, Priest Hill, Nettlebed, Oxon RG9 5AP. Contact: Amanda Foister OBE
amanda.foister@inspriringlearningfoundation.org : 07540 411779 www.inspiringlearningfoundation.org
Trustees
| Trustees | ||
|---|---|---|
| Name | Office | Date Appointed |
| George Ross | Chairman | 1/5/23 |
| Alex Williamson | 1/4/23 | |
| Sarah Farrell | 1/4/23 | |
| Tom Champion | 6/3/24 | |
| George Speller | 1/5/23 | |
| John Allen | 1/7/23 | |
| Lianne Stephens | 6/3/24 | |
| Matthew Vaughan | 1/5/23 |
Income
From donations £44.67
Expenditure
Bank costs £25
Balance as of 31/04/2024: £19.67
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
Signature: Thomas Champion (Jun 20, 2024 15:14 GMT+1) Email: tom.champion@inspiring-learning.com