Updated: 3rd November 2021
The Charity delivered motivational mentoring and inspirational educational programmes to children and young adults between the age of five and 19.
The Charity was highly distinguished and received much media attention following support from its Royal Patron, HRH The Duke of Cambridge. The Charity aimed to transform the lives of children by working in partnership with schools around the UK.
The core sources of income for the Charity included school partnerships, corporate sponsorships, and corporate fundraising. Following a wave of funding cuts at schools and the negative trading effects of Brexit, income and corporate donations for the Charity drastically reduced.
We acted in an advisory capacity to the Board of Trustees which resulted in the turnaround and restructuring of the Charity.
The work included:
(a) a review of the Charity’s operations, cash flow projections and financial management
(b) a re-organisation of the management team and internal reporting functions
(c) restructuring of activities to maximise cost control and savings
(d) designing a bespoke reporting template and KPIs for monthly reporting and monitoring purposes
(e) ongoing ‘intensive care’ monitoring of financial performance during the turnaround
(f) providing advice on income generation and fundraising
This resulted in an entirely successful outcome for the Charity and the future continuation of the activities of the Charity.
Restructuring the business to ensure operational and financial efficiency aided the rescue of the Charity, which might have otherwise been obliged to discontinue its activities and be placed into insolvent liquidation.