RE61sfERED COMPANY NLIMBER: CE036082 (England and Wales) REGISTERED CHARITY NUMBER: 1208139 eport of the Tru*t• and Unaydlted Hn•nclal Statements for the P•rfod 7 M•y 2024 to 31 D•umb•r 2024 Ifs In Nottlngham Foundatlon Clayton & Brewlll Chartered Accountants Cawley House 149-155 Canal stet Nottingham Nottlnghamshire NGI 7HR
It's In Nottingham Found#tlon CoTrtenls of the Fin•n¢l•l Statements lor the p•rfod 7 May 2024 to 31 December 2024 P•ge R•port of th• Tru•te4• I to 3 st•t•ment of Fln•ndal Actlvltl•• 8alJn¢¢ Sheet Not•$ to the Fln•ncl*l Ststements
JVS In Nottlngham Foundatlon Réport of the Truste¢$ for the perlod 7 14ay 2024 to 31 December 2024 The trustees who a also dlrertors of the charfty for the purposes of the CompJnles Act 2006. present thelr report wlth the flnanclJl statements of the thorlty for the period 7 May 2024 to 31 December 2024. The trustees have adopted the provlslons of Accountlng and Reporting by Charitles: Statement of Recommended Prattlce appllcable to d)arfties preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 102) leffectlve l January 2019}. INCORPQRATION The charltable company was Incorporated on 7 May 2024. OBJECTIVES AND AcrIvrrIES QbJectlv•s and alffl• It's in Nottlngham Foundatlon wlll alm to s1gnifi¢andy strengthen collaboratS0rt across the Prfvate, Publlc, non-proflt and community sector5 across Nottlngham and Nottlnghamshlre for the benefit of local people and communltles. We wlll not dellver 5ervlces or compete for fijndlng that confllrt with local or9anlsatlons or communlty organlsatlons. We work collertfvely wlth prfvate, publlc. non-proflt and communlty sertor5 to attrJct Investment from but not eXdUyelV the prlvate sertor (Envlronmental. Soclal, Governance Pollcyl Notlonal Government (Sport England, Home Office, Local Authorltyl and non-proht sector (Charltable Trusts, CL)mmunlty Foundatlons etc) for the benefit of l(Kal communltles. Identlfy the needs of our communltles and provlde support, fooJs5ed on hlgh standards of flnancial and operatlonal govemance ¢tIng more local oryanbatlons that are dIble. sustalnable, Impactlul and Investlble. Use the latest hlgh level date data and Inslght alongslde local communlty Intelllgence to Identify needs. Support and as¥st In the preparatlon of fvndln9 appllcatlons and where these applleatlons are successful support the monltorlno of dellvery and the gatherlng of Impact evldence. Broker tralnlng, conferences, and events that support the rnn-profit and communlty sector to dellver 50clJlly Impactlng long-term sustslnable servlces, Provlde adv1 and guldance to local or9anlsatlons on how to establlsh effectlve and compllant charltable nd communlty-ba5ed operatlons and operate our own chartty to the hlghest Industry standards. Develop collectlve Impart rnodels of workln9 throu9h IdentIn9 common goals thjt wlll drlve and dellver $19nlflcant soclal Impact across Notunyham and Nottlnghamshlre.tlentify the needs of our communltles and provlde support, focussed on hlgh standards of financlal and operatlonal governance creatlng more local organisatlons that I credlble, sustainable, ImpactfiJl and Investlble. Use the latest hlgh level date data and Inslght alongslde local communlty Intelllgence to Identify needs. Support and ass15t In the preparation of fvndlng appllcatlons and Whe these appllcallons are successful support the monltorlng of delivery and the 9atherlng of Impact evldence. Broker tralnlng. conferences, and events that support the non-profit and communty sector to dellver soclally Impacting long-term 5UStalnable 5ervlce5. Provlde advlce and guldance to local oryanlsatlons on how to establlsh effettlve and compliant charltable and communlty-based operatlons and operate our own chaty to the hlghest Industry standards. Develop collectlve Impact models of worklng through Identlfyin9 common goa15 that wlll drlve and dellver slgnlflcant soclal impèct across Nottln9ham arKI Nottinghamshlre. Page I
It's In Nottlngham Foundation Report of the Truste¢s for the perfod 7 May Z014 to 31 December 2024 ACHIEVEMENTS AND PERFORMANCE Ch•rltable activitie8 Over the past 12 Months we have developed poslyve worklng relatéonships wTrth a wlde rnnge of prlvate, publlc. non-proflt and communlty sector organtsatlons across Nottingham and Nottlnghamshlre whlch has Improved collethve worklng and how all sectors think dlfferently about solutlons to social Issues. Agreed to become the backbone organlsatlon for a new collertlve soclal Impact model that will drlve collaborntlort across the prlvate. publlc. non-profit and communlty sectors. This development of our harlty role has supported new pmgrammes whlch have Improved the credlblllty and sustalnablllty of 6 local charttle5. Recrulted trustees that provlde contlnuous construrtlve ¢hallen9e to our purpose and that brin9 the skills, expertlse and expeNence we need to dellver that purpose whlch supports the impact we are dellverlng. Attracted Investment from Prfvate and Publ1¢ sectors to support the creatlort and development of a Collectlve Sodal Impart model drlven by our charaty. FUTURE PLANS Develop a long-terni strateglc buslness plan that sets Out the role that the Foundatlon wlll play across Nottlngham and Nottlnghamshlre and that Identwles the resources the charlty wlll need to dellver Its purpose. Identlfy and attrnct Investment requlre(I to support the charfty's ambltlon to dellver slgnlflcant soclal Impact uslng a collertlve Impact modeb of ¢ollaboratlon. Develop data, Inslght, and local Intelllgence Systems that Identlfy where the greatest needs are In our local communltles u51ng hlgh quallty tech Industry experuse. Further develop shared measurement systems to evldence the sodal Impact we and local partners dellver wbthout overwhelmlng the oryanlsatlons we collabornte wlth. Bulld an Innovatlve system of contlnuous communlcatlon that connects us wlth our collectlve Impact model partners avoldlng the need lor meetlngs that take up capadty of our pèrtners who are focuslng on vltal servlce dellvery, eulld the Infrastructure requlred for the Foundatlon to dellver the role of a b)ckbone organlsjtlon wlthln the collectlve Impact model of soclal ImpacL srRUCTURK GOVERNANCE AND MANAGEMENT Gov•rnlThg do¢umerbt The charfty Is controlled by Its governlng document. a deed of trust, and constitutes J Ilmlted companyi Ilmlted by guarantee, as deflned by the Companles Art 2006. REFERENCE AND ADMINISTRAllVE DETAILS R•gl$t*red Company rtumb•r CE036082 {England and Wales) Ragl•t•r•d Ch•rlty number 1208L39 R¢9lstored offi¢¢ The Dryden Enterprfse CentTe Drydert Street Nottlngham Nottlnghamshlre NGI 4FQ Trustees N Wheatley (appolnted 27.5.2024) N F Roblnson (appolnted 27.5.2024) K Blenklnsop (appointed 27.5.2024) Ireslgned 7.6.20251 M Stone (appolnted 27.11.2025) Page 2
XVS In Nottlngham Foundation Report of the Trustses for th• perl¢)d 7 May 2024 to 31 December 2024 Approved by order of the board of trustees on . by: and slgned on its behalf N Wheatley - Twstee Page 3
Ivs In Nottlngham Foundation stst•mertt of Flnandal Activities tor the period 7 MJY 2024 to 31 December 2024 Unre5trfct fund Notes NEf INCOME TOTAL FUNDS CARRIED FORWARD The notes form part of these finanaal statements Page 4
It's In Nottlngham Foundation BJl•nce Sheet 31 December 2024 Unrestrict nd Notes NET CURRENT ASSETS TOTAL ASSETS LESS CURREf4T LIABIUTIES NEf ASSETS FUNDS TOTAL VUNDS The chadtsble company Is entltled to exemptlon Irom )udlt under Sertlon 477 of the Companles Act 2006 for the perfod ended 31 December 2024. The members have not requlred the company to obtaln an èudlt of its final siatements for the perlod ended 31 December 2024 In accordance wlth Sethon 476 of the Compartles Act 2006. The tNstees acknowledge thelr responslbllltles for (a) ensurlng that the charttable company keeps accountln9 records that comply wlth Sertlons 386 and 387 of the Companles Act 2006 and (b) preparlng flnan¢lal statements whlch glve a true and falr vlew of the state of affalrs of the charltable company as at the end of each flnanclal year and of its surplus or deflclt for each flnanclal year In accordance wlth the requlrements of Sertlons 394 and 395 and whlch otherwlse omply wlth the requlrements Ot the Companles Art 2006 relatlny to flnanclal statements, so far as appllcable to the charftable company. These flnanclal Ststements have been prepared In accordance wlth the provlslons appllcable to chadtable companles subject to the small companies reglme. The flnanclal statements were approved by the Board of Trustees and authorlsed for Issue on nd were 519ned on Its behalf by: N F Roblnson - Trustee Nwhe tley- Trustee The notes form part of these finandal Statements Page 5
ZVS In Nottln9ham F¢)undatlon Noteg to the Hnancljl Ststements for the perlod 7 May 2024 to 31 December 2024 ACCOV14TING POLI¢ThS Basis of preparfng the fln?nd•l ststements The flnandal statements of the charitable company. which Is a publlc beneflt entlty under FRS 102, hav& been prepared in attordance wlth the Charltles SORP {FRS 1021 'Accounting and Reportlng by Charltles: Statement of Recommended Practice appllcable to charities pparIng thelr accounts In accordan wlth the Rnanaal Reporting Standard appllcable In the UK and Republic of Ireland {FRS 102) (effectlve l January 20191,, Finandal Reportlng Standard 102 The Flnanclal Reportlng Standard oppllcable in the UK and Republic of Ireland. and the Companles Act 2006. The financlal statements have been prepared under the hlstorical (ost conventyon. T•xatlon The charlty Is exempt from corporatlon tsx on Its tharfiable artlvitles. Fund accountlng Unrestrtcted funds can be used In accordance wlth the charttable objettlves at the dlscretlon of the trustees, Reslrtcted funds can only be used for rtIcular restrlcted purposes wlthlri the objects of the charlty. Restrlrtlons arfse when speclfled by the donor or when fvnds are ralsed ft*r partlcular restrlcted purposes. Further explanjtlon of the nature and purpose of each fiJnd Is Included In the notes to the flnanclal statements. TRUSTEES, REMUNERATZON A14D BENEFrrs There were no trustees. remuneratlon or other benefits for the pertod ended 31 December 2024. Trn•t••s' expn There were no trustees. expenses pald for the pertod ended 31 December 2024. 140VEMENT IN FUNDS Net movement In hjnds At 31.12.24 TOTAL FUNDS Net movement In fvrK15, Induded In the above are as follows: Incomlng resources Resources expended Movement In funds TOTAL FUNDS Page 6 contlnued..
n'$ In Nottlngham Foundation Notes to the finjncial Statements - contlnued for th¢ period 7 May 2024 to 31 December 2024 RELATED PARTY DISCLOSURES There were no related party transactlons for the perlod ended 31 December 2024. Page 7