DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F IntoUni (A company limited by guarantee) Working Name IntoUniversity REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020 Company number: 6019150 Charity number (England and Wales): 1118525 Charity number (Scotland): SCO49776 1 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F Letter from the Chairman “Your calls have been a real anchor point of the week, we really look forward to them and listen out for the phone every Wednesday. As we are shielding as a family, you have been one of the only people outside of our household that we have spoken to regularly and your calls have been a real sanity line for me. Your advice and support for not only Matthew, but also for me, has been a real help for our mental health during these uncertain times” Parent of a Primary Academic Support student, IntoUniversity Nottingham West The COVID-19 crisis was certainly an unprecedented challenge, but much has been achieved by IntoUniversity in the 2019-20 academic year. We continued to support large numbers of children and young people through our programmes. During the academic year 2019-20, the charity worked with 29,900 children, young people and student associates through its FOCUS, Academic Support and Mentoring schemes, through the Uni Connect programme, through its Student Associate Network, and through remote support during the COVID-19 closure period. In March 2020, we took the difficult decision to close temporarily all IntoUniversity centres due to the pandemic, and they remained closed for the rest of the academic year, in line with national school closures. Although our centres were closed, we were determined to continue providing support to our students remotely, and we immediately embarked on a response to the lockdown, quickly adapting our offer of support. Our focus during the closure period was on supporting our existing students. We are delighted that our centres were able to re-open for our young people in September for the 2020-21 academic year, with strict social distancing measures in place. In November 2019, we officially launched our Impact Project, including our 2019 Impact Report. Alongside this, we reaffirmed our commitment to transparency by launching the ‘Impact Map’ (https://impact.intouniversity.org), a data visualisation microsite which allows supporters to interact with, and interrogate, our data sets. We also commissioned a qualitative study into our impact on attainment and produced a video and photo ethnography project where students shared the impact IntoUniversity has had on their lives. As a result of our rigorous impact measurement, we are pleased to report with great confidence that our programmes meaningfully improve the lives of young people engaged in our programmes throughout the UK. This academic year we also launched Khadija Saye Arts @IntoUniversity, inspired by the life and in memory of Khadija Saye, a Gambian-British artist and former IntoUniversity student who tragically died in the Grenfell Tower fire. Khadija Saye Arts continues the work of IntoUniversity with a focus on encouraging and supporting young people with an interest in the Arts. The charity has also successfully continued its plans to reach new communities. A new centre was successfully launched in North Birmingham in 2019-20, in partnership with Birmingham City University. We are excited to confirm that we will be opening a centre in Norwich in spring 2021, in partnership with the University of East Anglia. We will also be expanding into Scotland for the first time in 2020-21, launching centres in Glasgow and Edinburgh in the spring, with an additional centre in Glasgow scheduled for autumn 2021, all in partnership with the University of Edinburgh and University of Glasgow. We have ongoing conversations with other Higher Education Institutions and we are confident that additional centre openings will be confirmed over the coming months. 2 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F During 2019-20, IntoUniversity was shortlisted for eight different charity awards and won two: the NEON Widening Access Partnership Award with the University of Nottingham and the Business Charity Awards Professional Services Partnership Award with Deloitte. This demonstrates IntoUniversity's continued commitment to both the quality of the services we deliver and the strong relationships we have with partner organisations. The operations of the charity are dependent on the generosity of our funders and we continue to receive substantial support from trusts and foundations, companies, individual donors and academic institutional partners, including universities and schools. We are most grateful to our wider community of funders and partners for their support; their contributions enable us to improve the long-term life chances of children and young people from disadvantaged backgrounds. On behalf of the trustees, I wish to thank all of our donors for their generous support, which is more important than ever before. These partnerships, combined with the input of our dedicated volunteers, and the continued excellence of our invaluable staff team, led by Dr Rachel Carr, mean that IntoUniversity is well placed to continue its growth over the coming years. As we grow, our values - aspiration, compassion, quality, talent, and teamwork - remain at the heart of our success, and continue to shape our culture as an organisation. Finally, I would like to express my sincere gratitude to Patrick Derham who has retired as a trustee after 13 years, and who has also held the roles of vice-chair and interim chair. Patrick has played a critical role in the evolution of IntoUniversity, and both the board and the Senior Management Team are hugely grateful for everything that Patrick has done for the charity. Thank you Patrick – you will be greatly missed. Oliver Haarmann Chairman 3 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F CONTENTS For the year ended 31 August 2020 Letter from the Chairman 3 Contents 4 Report of the Trustees 5-21 Independent Auditor’s Report 22-23 Statement of Financial Activities 24 Balance Sheet 25 Statement of Cash Flows 26 Notes to the Financial Statements 27-41 4 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F INTOUNI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2020 The Trustees present their report and audited financial statements for the year ended 31 August 2020. Reference and administrative information Charity Name: IntoUni Working Name: IntoUniversity Charity Number: 1118525 Company Number: 6019150 Registered Office and Operational Address: 95 Sirdar Road London W11 4EQ Trustees Nilufer von Bismarck OBE Roderick Brooks Pasha Coupet Michaelsen1 Patrick Derham OBE2 Vice Chair (retired) Julian Granville Oliver Haarmann Chairman Sarah Havens Christoph Henkel Sophia Lewisohn3 Vice Chair Clare Richards MBE4 Safeguarding Trustee Sir Eric Thomas Steve Windsor Treasurer 1 Appointed on 11 October 2019 2 Stood down on 1 July 2020 3 Nominated by The ClementJames Centre and appointed as Vice Chair on 1 July 2020 4 Nominated by The ClementJames Centre 5 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F INTOUNI REPORT OF THE TRUSTEES – CONTINUED FOR THE YEAR ENDED 31 AUGUST 2020 The composition of the committees below is as at 31 August 2020: Advisory Panel Maria Bentley Rosemary O’Mahony Nils Blythe Catherine Nelson Nicholas Bull Steve Rafferty The Rt Hon the Earl Cairns CVO CBE Alec Rattray Rachel Calderón Caspar Rock Clare Carolan Nitin Sharma Jessica Cecil Mary Ann Sieghart Victoria Corcoran Nat Sloane Celia Dunstone Rebecca Smith1 Adele Eastman Dr Ros Smith Roger Enock Chris Stephens Cortland Fransella Andrew Stewart Perdita Fraser1 Amelia Sussman Katrin Henkel Colin Tyler1 Elizabeth Jack John-Paul Warszewski Fiona Laffan1 Tim Webb James Lambert Eric Wilkinson Tim Lee Nick Wright Janet Legrand Members of the Trustee Board Sir Alasdair Macdonald Senior Management Team Davina Mallinckrodt Senior Leadership Team Priscilla Mensah1 Student Advisory Panel Representatives Lucy Morris 1 Joined the Advisory Panel during the year Audit and Risk Committee Clare Richards MBE (Chair) Sophia Lewisohn Julian Granville Campaign Board Nilufer von Bismarck OBE Oliver Haarmann (Chair) Roderick Brooks Sir Eric Thomas Investment Committee Roderick Brooks Oliver Haarmann Dr Rachel Carr OBE Steve Windsor (Chair) Daniel Century 6 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F INTOUNI REPORT OF THE TRUSTEES – CONTINUED FOR THE YEAR ENDED 31 AUGUST 2020 Nominations Committee Nilufer von Bismarck OBE Pasha Coupet Michaelsen Oliver Haarmann Clare Richards MBE Sophia Lewisohn (Chair) Remuneration Committee Oliver Haarmann (Chair) Steve Windsor Christoph Henkel Senior Management Team Dr Rachel Carr OBE Hannah Purkiss Daniel Century Dr Hugh Rayment-Pickard MBE Senior Leadership Team Senior Management Team Laura Culverhouse Laura Barton Eilis O’Donnell John Bleasdale Richard Watson Auditor haysmacintyre LLP, 10 Queen Street Place, London EC4R 1AG Principal Bankers Lloyds Bank plc, 25 Gresham Street, London EC2V 7HN CAF Bank, 25 Kings Hill, West Malling, Kent ME19 4JQ Investment Managers BlackRock Investment Management (UK) Ltd, 2 Throgmorton Avenue, London EC2N 2DL Schroder Investments Ltd, 31 Gresham Street, London EC2V 7QA 7 DocuSign Envelope ID: 49A0B4BE-E1B9-4F34-8595-163C97DFE27F INTOUNI REPORT OF THE TRUSTEES – CONTINUED FOR THE YEAR ENDED 31 AUGUST 2020 Structure, Governance and Management Governing Document IntoUni (“IntoUniversity”,