for the Period Ended 30 April 2023
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Balance sheet notes | |
Community Interest Report |
for the Period Ended
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| £ | £ |
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As at
Notes | 2023 | 2022 | |
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| £ | £ | |
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Debtors: | 3 | | |
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Creditors: amounts falling due within one year: | 4 | ( | ( |
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Members' funds | |||
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2023
Basis of measurement and preparation
for the Period Ended 30 April 2023
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for the Period Ended 30 April 2023
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for the Period Ended 30 April 2023
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Our Inspiring Partnerships programme matches school leaders with business leaders in partnerships that lift up leaders, schools and students in turn. By bringing together senior leaders from business and education and giving them space to learn from each other, we can radically improve outcomes and opportunities for under-served young people. Leaders that set aside just one hour a month to meet and talk with a partner see a phenomenal difference to their energy and outlook, both parties come away with new skills, feeling engaged and inspired to improve educational outcomes and break down barriers to employment for young people. We started our programme in pilot in February 2020 with our first full programme starting in October that year. During this accounting period we had six cohorts of leaders complete our programme, making 66 matches working in 56 schools across the most deprived postcodes in England. The completion rate for the six cohorts was 92%. The main reason for dropping out was either being too overwhelmed to find the time, or changing role/ redundancy. 98% of leaders were happy with the match.This period has been particularly challenging for schools and school leaders who have been dealing with the ongoing effects of Covid and more recently the cost of living crisis. We know from research that leadership is second only to classroom teaching for achieving better outcomes for young people. Leadership in schools serving the lowest income families is extremely important as education at school is often the only support that young people receive. Leadership in these schools is the most challenging as issues are more complex, and there is often the least support for developing leadership skills as resources are so stretched. The main criteria for selecting schools was the proportion of children who were entitled to free school meals, which is a key indicator of deprivation. The average proportion of free school meals across the schools was 39% and the national average is 22.5% (2022).To understand the impact of the programme we hold an interview with each participant around 7 months into the programme, and we have an end of programme survey. The data that covers the partnerships that completed the programme in the accounting period, from May 2022 to April 2023, shows that the programme had the intended impact with: - 93% of school leaders said they had improved their leadership skills - 95% of school leaders reported that the programme was transformational for them personally- 98% of school leaders said they are now more confident as a leader- 100% of school leaders found it valuable to work with someone outside education- 84% of school leaders say they are more likely to stay in a leadership role in their school as a result of the support.We learnt that the value goes both ways with 96% of business leaders finding it an easy and effective way to contribute skills, and 98% have been able to positively reflect on their leadership through the programme, and 76% of business leaders reported being more engaged at work since participating in the programme.Our 2022 Impact Report is attached for more in depth feedback for those who completed the programme in 2022.
Our main stakeholders are our participants, and then also our programme sponsors who provide the business leaders, and our partner local authorities and multi-academy trusts who promote the programme to their school leaders.For participants we have a pre survey, an end survey and a one to one interview around eight months into the programme. Response rates are very high – 68% of participants completed the survey and 83% attended a one to one interview. With our sponsors and partners we have regular meetings to discuss the progress the participants are making on the programme.In December 2022 we set up a Stakeholder Panel to advise us moving forward. The Panel is made up of stakeholders from across the programme, including representatives from our sponsors, as well as people who have no prior knowledge of the programme. The Panel met twice during the reporting period and have started to steer the future direction of the programme.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £56,624 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 October 2023
And signed on behalf of the board by:
Name: Sarah Caton
Status: Director