Right to Succeed CIO

Charity number: 1160886
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Right to Succeed brings together best practice educationalists, deliverers, philanthropists, & commissioners to: 1. Develop collaborative solutions to systemic problems of educational and youth employment inequality 2. Pilot these solutions at a size where they can be robustly proven 3. Scale and replicate the effective solutions until they reach a systemic scale

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£5,871,648

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Donations and legacies £3.35m
Charitable activities £2.44m
Other trading activities £0
Investments £58.61k
Other £22.53k

Total expenditure:
£4,500,276

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Raising funds £271.80k
Charitable activities £4.23m
Other £0

£0 investments gains (losses)

Total income includes £1,981,663 from 7 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £271.80k
Charitable expenditure £4.23m
Retained for future use £1.37m

People

39 Employee(s)

8 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£90k to £100k 1

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England
  • Northern Ireland

Governance

Registration history:
  • 13 March 2015: CIO registration
Organisation type:
CIO
Other names:
  • OXFORD YOUTH LAB (Previous name)
  • RIGHT TO SUCCEED CIO (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Suzanne McCarthy Chair 13 October 2020
None on record
Arshmeena Durrani Trustee 26 January 2023
SHELTER, NATIONAL CAMPAIGN FOR HOMELESS PEOPLE LIMITED
Received: On time
Holly Baxter Trustee 26 January 2023
None on record
Catherine Hodges Trustee 19 January 2021
None on record
Michael Ian Wells Trustee 19 January 2021
None on record
Julia Grant Trustee 14 July 2020
None on record
Deborah Bailey Trustee 14 July 2020
None on record
Alita Benson Trustee 14 July 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £2.05m £2.63m £2.48m £3.35m £5.87m
Total expenditure £1.17m £2.00m £2.59m £2.91m £4.50m
Income from government contracts N/A £50.10k £366.03k N/A N/A
Income from government grants £34.00k £20.67k £230.22k £981.49k £1.98m
Income - Donations and legacies £2.01m £2.58m £1.85m £711.16k £3.35m
Income - Other trading activities £0 £975 £0 £80.60k £0
Income - Charitable activities £34.00k £49.12k £596.24k £2.63m £2.44m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £888 £205 £1.58k £18.56k £58.61k
Income - Other £147 £51 £33.58k £316 £22.53k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £959.24k £1.79m £2.28m £2.63m £4.23m
Expenditure - Raising funds £208.39k £215.54k £304.63k £272.63k £271.80k
Expenditure - Governance £56.74k £65.93k £126.46k £58.14k £83.57k
Expenditure - Grants institution £0 £0 £352.69k £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £9.44k £5.36k £998 £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £1.97m £2.25m £2.20m £2.54m £3.93m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £663.41k £316.41k £367.96k £268.68k £286.22k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2024 29 April 2025 On Time
Accounts and TAR 31 August 2024 29 April 2025 On Time Download Open in new window
Annual return 31 August 2023 26 April 2024 On Time
Accounts and TAR 31 August 2023 26 April 2024 On Time Download Open in new window
Annual return 31 August 2022 23 February 2023 On Time
Accounts and TAR 31 August 2022 23 February 2023 On Time Download Open in new window
Annual return 31 August 2021 09 March 2022 On Time
Accounts and TAR 31 August 2021 09 March 2022 On Time Download Open in new window
Annual return 31 August 2020 09 March 2021 On Time
Accounts and TAR 31 August 2020 09 March 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - ASSOCIATION REGISTERED 13 MAR 2015 AMENDED ON 30 OCT 2017 as amended on 08 Jul 2020 as amended on 09 Jul 2020 as amended on 26 Jul 2021

Charitable objects

THE OBJECTS OF THE CIO ARE TO ADVANCE FOR THE PUBLIC BENEFIT ANY PURPOSE OR PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE UNDER THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES FROM TIME TO TIME SEE FIT WITH A NON-EXCLUSIVE FOCUS ON THE EDUCATION OF YOUNG PEOPLE, PARTICULARLY THOSE FROM DISADVANTAGED COMMUNITIES INCLUDING, WITHOUT LIMITATION BY: A) PROVIDING EDUCATIONAL SUPPORT TO SUCH YOUNG PEOPLE; AND B) PROVIDING SUPPORT TO INDIVIDUALS AND ORGANISATIONS ADVANCING THE EDUCATION OF SUCH PEOPLE.

Contact information

Address:
Colony Piccadilly
5 Piccadilly Place
Aytoun St
Manchester
Phone:
02080995171
Email:
hello@righttosucceed.org.uk
Website:

www.righttosucceed.org.uk Open in new window