BRIGHT IDEAS TRUST
Charity overview
Activities - how the charity spends its money
We help young people who are not in employment, education or training or who haven't had the same chances as many in society to start their own business. We do this by providing a package of funding, advice and support from business mentors and expert advisors and a range of business education and training programmes that teach how to start your own business.
Income and expenditure
Data for financial year ending 31 March 2018
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- The Prevention Or Relief Of Poverty
- Economic/community Development/employment
- Children/young People
- The General Public/mankind
- Provides Other Finance
- Provides Human Resources
- Provides Services
- Provides Advocacy/advice/information
- Throughout London
Governance
- 05 November 2007: Standard registration
- 25 February 2022: Removed (Ceased to exist)
No other names
- Complaints handling
- Conflicting interests
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Financial history
Financial period end date
Income / Expenditure | 31/03/2014 | 31/03/2015 | 31/03/2016 | 31/03/2017 | 31/03/2018 | ||
---|---|---|---|---|---|---|---|
|
Total gross income | £186.37k | £161.70k | £157.41k | £207.49k | £178.10k | |
|
Total expenditure | £303.40k | £233.64k | £204.58k | £131.86k | £201.84k | |
|
Income from government contracts | N/A | £0 | £0 | £0 | N/A | |
|
Income from government grants | N/A | £0 | £0 | £0 | N/A |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
---|---|---|---|---|
Annual return | 31 March 2021 | Not submitted | ||
Accounts and TAR | 31 March 2021 | Not submitted | ||
Annual return | 31 March 2020 | Not submitted | ||
Accounts and TAR | 31 March 2020 | Not submitted | ||
Annual return | 31 March 2019 | Not submitted | ||
Accounts and TAR | 31 March 2019 | Not submitted | ||
Annual return | 31 March 2018 | 10 December 2018 | On time | |
Accounts and TAR | 31 March 2018 | 10 December 2018 | On time |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM OF ASSOCIATION INCORPORATED 22 JUNE 2007 AS AMENDED BY SPECIAL RESOLUTION DATED 2 NOVEMBER 2007.
Charitable objects
3. OBJECTS THE OBJECTS ARE 3.1 THE RELIEF OF FINANCIAL HARDSHIP AND THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT AMONGST PEOPLE AGED 16 TO 30 YEARS OF AGE BY THE PROVISION OF THE OPPORTUNITY TO ESTABLISH AND GROW THEIR OWN BUSINESS SO AS TO (1) PROVIDE THEM WITH AN INCOME OR EMPLOYMENT AND (II) EQUIP THEM WITH SKILLS AND CAPACITY TO BE BETTER ABLE TO RELIEVE THEIR FINANCIAL NEED OR UNEMPLOYMENT, IN PARTICULAR, BUT NOT EXCLUSIVELY BY PROVIDING MENTORING ADVICE AND SUPPORT AND SUPPORT AND FINANCIAL AND TECHNICAL ASSISTANCE; AND 3.2 THE PROMOTION OF SOCIAL INCLUSION FOR THE PUBLIC BENEFIT AMONGST THOSE WHO ARE SOCIALLY EXCLUDED BETWEEN THE AGES OF 16 TO 30 YEARS OF AGE BY THE PROVISION OF AN OPPORTUNITY TO BUILD CAPACITY BY ESTABLISHING AND GROWING A BUSINESS SO AS TO RELIEVE THE NEEDS OF THOSE PEOPLE AND ASSIST THEM TO INTEGRATE INTO SOCIETY. FOR THE PURPOSES OF THIS CLAUSE 'SOCIALLY EXCLUDED' MEANS THOSE BETWEEN THE AGES OF 16 TO 30 YEARS OF AGE, WHO ARE EXCLUDED FROM SOCIETY OR PARTS OF SOCIETY, AS A RESULT OF ONE OR MORE OF THE FOLLOWING FACTORS, UNEMPLOYMENT, FINANCIAL HARDSHIP, RACE, GENDER, POOR EDUCATIONAL OR SKILLS ATTAINMENT, DISABILITY, ETHNIC ORIGIN OR WHO ARE WITHIN OR HAVE EXPERIENCED THE PUBLIC CARE OR PENAL SYSTEM.
Area of benefit
NOT DEFINED. IN PRACTICE: NATIONALLY IN ENGLAND AND/OR WALES.
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