The charitable arm of a business that provides training and recruitment services has announced a more than tripling in its turnover from last year.
The charitable arm of LOVE, Love learning, has announced a tripling in turnover as it also announces it has secured a place on a major Council service framework.
LOVE provides staff training, such as leadership and health and safety training, as well as recruitment services, to companies and organisations. Headquartered in East Kilbride, LOVE is a social business, whose purpose is to solve social problems in a financially sustainable way and it uses its profits from its recruitment and training activity to in part fund its charitable arm.
Turnover for LOVE learning has increased from £198k in 2017/18 to £650k in 2018/19 and this is projected to rise to £3 million in 2019/20. When the organisation was founded in 2014/15 its turnover was a mere £43k.
LOVE learning offers educational awards and employability skills to children and young people who are outside the education system. In addition to funding from the training and recruitment side of the business, the increase in turnover is in part due to greater government funding to close the educational attainment gap as well as increased training demands for those with additional support needs.
By using LOVE for training and recruitment, this also allows companies and organisation to fulfil their corporate social responsibilities by investing money back into the community through using a socially responsible provider.
The announcement comes at the same time as the organisation announces that is has won a place on the North Lanarkshire Council framework, providing services aimed at closing the poverty-related attainment gap.
The Scottish Attainment Challenge is about achieving equity in educational outcomes, with a focus on closing the poverty-related attainment gap. A key aspect of this sees the allocation of additional funding directly to schools – Pupil Equity Funding.
The aim of the funding is to provide a service which focuses on engaging pupils, parents/carers and the wider community in learning through activities.
In the case of North Lanarkshire this includes:
- improving parenting skills in targeted families
- increasing attendance and reduced exclusion rates for targeted groups of young people
- ensuring child protection concerns are addressed and young people are safeguarded
- providing age and stage appropriate support for targeted young people out with school hours to reinforce engagement, as well as developing confidence, motivation and ability to participate in school work.
Lynn Bell, CEO of LOVE commented:
“We are delighted to note a tripling of turnover for LOVE learning Scotland from last year, just as we have been awarded a place on the North Lanarkshire Council framework to provide services relating to closing the educational attainment gap.
“We have come along way as an organisation in a very short period of time and our increased turnover allows us to undertake even greater charitable activities.
“By using LOVE for training and recruitment, this also allows companies and organisation to fulfil their corporate social responsibilities by investing money back into the community through using a socially responsible provider.
“We look forward to continue working with companies and organisations as we endeavour to make Scotland one of the best places in the world for vulnerable children and young people to grow up in.”