OUR FREE MINDS CIO
Our Free Minds CIO builds and maintains project based learning communities for young people in South West England, providing an opportunity to develop skills, practice citizenship and socialise.
Objects
THE OBJECT OF THE CIO IS: THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT IN THE SOUTH WEST OF ENGLAND BY: A) ESTABLISHING PROJECT-BASED EDUCATIONAL SETTINGS DESIGNED TO PROVIDE ACTIVITIES WHICH DEVELOP THE CAPABILITIES, COMPETENCES, SKILLS AND UNDERSTANDING OF HOME-EDUCATED CHILDREN AND ‘SCHOOL REFUSERS’ AGED BETWEEN 5 AND 18. B) OFFERING OUT OF SCHOOL EXTRA CURRICULAR ACTIVITIES TO ALL CHILDREN AGED BETWEEN 5 AND 18.
Financial health, per its FY2025 accounts
The charity reported a net income increase of £10,844, bringing total funds to £22,168, with unrestricted reserves standing at £19,663. The trustees maintain a reserves policy target of three to six months' expenditure, noting that current unrestricted funds are held in the current account to maintain flexibility while the charity grows. The accounts state there are no funds materially in deficit and confirm the charity is a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 25/01/2025
- Volunteers: 1
Self-declared on the annual return for the financial year ending 25/01/2024
- Volunteers: 1
Annual return filing dates (Charity Commission record)
Of its last 2 annual returns with a recorded received date, 1 was received after the due date: year ending 25/01/2024 (received 15/01/2025, 51 days after the 25/11/2024 due date).
Trustees
- Katherine Margaret Kotting BA, MScchair
- Clea Sambrook
- Poppy Louise De Witt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 25/01/2025 | £47k | £36k |
| 25/01/2024 | £60k | £49k |
Common questions
Is OUR FREE MINDS CIO financially healthy?
Per its FY2025 accounts: The charity reported a net income increase of £10,844, bringing total funds to £22,168, with unrestricted reserves standing at £19,663. The trustees maintain a reserves policy target of three to six months' expenditure, noting that current unrestricted funds are held in the current account to maintain flexibility while the charity grows. The accounts state there are no funds materially in deficit and confirm the charity is a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE A B CHARITABLE TRUST | 2 | £30k |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | 1 | £1.6m |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE BLAGRAVE TRUST | 1 | £78k |
| The Considered Ask Foundation | 1 | £75k |
| CRIPPLEGATE FOUNDATION | 1 | £65k |
| CURIOUS MINDS | 1 | £46k |
| THE LOVINGTON FOUNDATION | 1 | £40k |
Charities like this
- WASHINGTON MIND CIO
- NORTH BENWELL YOUTH PROJECT CIO
- PROGRAMME FOR APPLIED CHRISTIAN EDUCATION
- CURIOUS MINDS
- Creative Opps CIO
- MAKING IT OUT CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| OUR FREE MINDS CIO | £47k | — | 0 | above | — | no doubt |
| WASHINGTON MIND CIO | £985k | — | 0 | within | 0.0% | no doubt |
| NORTH BENWELL YOUTH PROJECT CIO | £179k | — | 0 | unclear | — | no doubt |
| PROGRAMME FOR APPLIED CHRISTIAN EDUCATION | £169k | — | 0 | above | — | no doubt |
| CURIOUS MINDS | £1.3m | £60,000 to £70,000 | 1 | above | — | no doubt |
| Creative Opps CIO | £90k | — | 0 | below | — | no doubt |