Report from the Treasurer
The past twelve months have been another successful year for the charity and we remain well positioned going forward. We must, however, take into account the current economic climate and realise that fundraising over the next twelve months may prove more challenging. We have maintained healthy reserves for such a scenario and the funding of the Learning Mentors is in place for the next three years.
As our profile nationwide increases we are consistently being approached by organisations for either funding or the provision of Learning Mentors. It would be very easy to agree to these requests and we only wish we could, but there has to be balance between our current funding needs and reserves to ensure we are in a strong financial position going forward.