## **Project Possibility**
## **Trustees' Annual Report**
Period: 23 October 2023 to 31 March 2025
## **1. Reference and Administration Details**
- **Charity Name:** Project Possibility.
- **Registered Charity Number:** 1205365.
- **Principal Address:** 14 Fairways, Two Mile Ash, Milton Keynes, MK8 8AJ.
- **Website:** projectpossibility.uk
- **Email:** info@projectpossibility.uk
- **Trustees:** James Frecknall (james@projectpossibility.uk), Andy Connolly (andy@projectpossibility.uk), Robert Simpson (rob@projectpossibility.uk).
## **2. Structure, Governance, and Management**
- **Governing Document:** Constitution.
- **How the Charity is Constituted:** Charitable Incorporated Organisation (CIO).
- **Trustee Selection:** Trustees are appointed by the existing board.
- **Governance:** The charity has drafted and ratified Safeguarding, Privacy, and Health and Safety policies. Financial controls require multiple sign-offs for payments.
## **3. Objectives and Activities**
- **Summary of Objects:** To advance education and community engagement through interactive events and science-based outreach.
- **Public Benefit:** The trustees have had regard to the Charity Commission's guidance on public benefit.
- **Main Activities:**
**Classtronauts:** An educational space-themed event for schools.
**The Great Toy Race:** A community fundraising event held in Milton Keynes.
## **4. Achievements and Performance**
- **Classtronauts (Oct 2024):** Successfully ran at Priors Wood school; mission named 'Teamwork 1' by students.
- **The Great Toy Race (Sep 2024):** Used GPS tracking to engage the community and raise initial funds.
- **Fundraising:** Established a JustGiving presence and achieved Gift Aid registration.
## **5. Financial Review**
- **Reserves Policy:** The charity aims to build reserves to cover high-cost educational events.
- **Trustee Support:** Founding trustees provided initial seed funding of £300 (£100 each).
- **Trustee Loan:** Robert Simpson personally funded £3,086.00 in equipment and startup costs. This is recorded as a liability to be repaid when funds allow.
- **Net Position:** The charity ends the period with a bank balance of £718.58.
## **Approved by the Trustees**
## _(Standard practice: Treasurer signs. Additional signatures optional.)_
SIGN Signed: _____________________________________________ Name: Robert Simpson **Position: Treasurer** Date: 18/01/2026
## Optional Additional Signatures:
Signed: _____________________________________________ Name: _____________________________________________ Date: _______________________
Signed: _____________________________________________ Name: _____________________________________________ Date: _______________________
## **Project Possibility**
## **Receipts and Payments Accounts**
## Period: 23 October 2023 to 31 March 2025
projectpossibility.uk
## **Section A: Receipts**
|**Section A: Receipts**|**Unrestricted**
**Funds (£)**|
|---|---|
|Trustee Donations (Initial Seed Funding)|300.00|
|JustGiving Public Donations|1,418.58|
|**Total Receipts**|**1,718.58**|
## **Section B: Payments**
|**Section B: Payments**|**Unrestricted**
**Funds (£)**|
|---|---|
|Event Costs (Sent Into Space - INV-1141)|1,000.00|
|**Total Payments**|**1,000.00**|
## **Section C: Cash Position**
|**Net of Receipts / (Payments)**|**718.58**|
|---|---|
|Cash funds at start of period|0.00|
|**Cash funds at end of period**|**718.58**|
## **Section D: Statement of Assets & Liabilities**
**Liabilities: Loan from Robert Simpson (Startup Costs) 3,086.00**
## **Approved by the Trustees**
_(Standard practice: Treasurer signs. Additional signatures optional.)_
SIGN Signed: _____________________________________________ Name: Robert Simpson **Position: Treasurer** Date: 18/01/2026
## Optional Additional Signatures:
Signed: _____________________________________________ Name: _____________________________________________ Date: _______________________
Signed: _____________________________________________ Name: _____________________________________________ Date: _______________________