2024-12-31-accounts - Elibraries For Schools

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 15/11/23 Period start date To 31/12/24 Period end date

Charity name: ELibraries for Schools

Charity registration number: 1205723

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objects of the CIO are For the public benefit, to advance the education of children in the UK by improving access to books through the supply of funded eLibrary services to schools and their pupils with the objective of 1. levelling up such access to books across geographical areas and socioeconomic groups 2. supporting learning to read, reading for pleasure and reading for the curriculum. 3. achieving improvements in educational outcomes and social mobility
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	During this period the charity has established its first pilot primary school to test the provision of an overlay elibrary. It has successfully sought funding for that school’s library books and launched the library, including completing technical development work to enable that. The charity has also had discussions with several other primary schools about becoming pilot schools and has engaged in a range of discussions with political and education sector leaders to promote the idea of eLibraries in schools.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	ELFS meets the definition of a public benefit entity under FRS102. The accounts and the trustees report have both been prepared in accordance guidance issued by the Charity Commission

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	The charity does not make direct grants but instead provides pilot elibrary projects paid for out of its restricted and unrestricted fundraising.
Policy on social investment including program related investment	Para 1.38	The charity aims to build a set of pilot school projects which will illustrate the value of an eLibrary to different age groups and across different types of content (curriculum content and reading for pleasure).
Contribution made by volunteers	Para 1.38	The charity is entirely run currently by trustees as volunteers.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	In this, its first year of operation, the charity has established its first pilot school programme in Dairsie Primary School in Fife, Scotland. Establishing the first pilot was inevitably a lot of work as it required all of the technical development to be completed and commercial relationships with (e.g.) Overdrive as a content partner to be completed. The trustees are pleased with the initial impact of the first pilot (40 pupils in the school had downloaded over 100 books between them in the first school term of operation) but look forward to more pilot schools coming on board in the coming year.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity finishes the year in a strong position, with unrestricted funds remaining to support further pilot school rollout and additionally £5k of restricted funds which are earmarked for the creation of a ‘core’ shared library that all pilot schools can use, something discussed and agreed with trustees during the year. Total income for the year was £9,755 and expenditure on the opening pilot launch was £3,112 leaving a balance at the year end of £6,643
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity has no specific policy on reserves and intends to hold only the amount necessary to ensure stable ongoing operation of its programmes. The funds held at this year end do not imply an intention to maintain that level of reserves but are simply a timing issue with a significant donation having been received close to the year end.
Amount of reserves held	Para 1.22	£6,643
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	The Charity will raise funds for specific pilot schools by seeking grants from local charitable organisations, PTAs etc. It will also seek funding from grant- awarding bodies for core programme costs and to allow expansion. In its first year of operation, the charity has largely received its funding from 2 of the trustees.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal	Para 1.46

risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO (Foundation)
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	The Charity is a Charitable Incorporated Organisation (CIO)
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees were appointed for varying (nonoverlapping) terms at a properly convened initial meeting.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	ELibraries for Schools
Other name the charity uses	ELFS
Registered charity number	1205723
Charity’s principal address	4 Norman Avenue Henley on Thames RG9 1SG

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Ian Shepherd	Chair
	Bridget Martindale	CEO
	Damien Dsouza
	Jane Redley
	Stephen Warde

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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) Ian Andrew Shepherd

Position (eg Secretary, Chair Chair, etc)

Date

Charity Name

No (if any)

Receipts and payments accounts

For the period Period start date from

Period end date

CC16a

Section A Receipts and payments

Unrestricted Restricted Endowment funds funds funds

Total funds Last year

to the nearest £ 1,500 4,000 - 1,000 - - - 6,500 - - - 6,500 1,500 - - - - - - - - 1,500 - - - 1,500 5,000 - - 5,000	to the nearest £	to the nearest £ 1,500 2,605 4,000 650 1,000 - - - 9,755 - - - 9,755 2,600 183 329 - - - - - - 3,112 - - - 3,112 6,643 - - 6,643	to the nearest £
	-	1,500	-
	-	2,605	-
	-	4,000	-
	-	650	-
	-	1,000	-
	-	-	-
	-	-	-
	-	-	-
	-	9,755	-

	-	-
	-	-	-
	-	-	-

	-	9,755	-

	-	2,600	-
	-	183	-
	-	329	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	3,112	-

	-	-
	-	-
	-	-	-

	-	3,112	-

5,000	-	6,643	-
-	-	-	-
-	-	-	-
5,000	-	6,643	-

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use	Details Cash in bank Details Details Details Details *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ 1,643 - - 1,643 OK to nearest £ - - - - - - Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	to nearest £ 5,000 - - 5,000 OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Restricted funds Restricted funds Amount due (optional)	to nearest £ Endowment funds
				-
				-
				-
				-
				OK
				to nearest £ Endowment funds
				-
				-
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				-
				-
				-
				-
				When due (optional)
			-
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees

Signature

Print Name

Date of approval