Boardroom Charity Challenge 2015

As you may be aware, the Society runs a financial education programme that helps to teach children aged around nine become more financially independent later in life. It's a six-week programme that culminates in a final whereby eight teams from eight schools present their business ideas to a panel of NBS judges. The winning team is given £1,000 to invest in their business idea and make money for a local charity.

We're delighted to tell you that thanks to some colourful thinking, a team of children from a North Tyneside school took the top spot.

The eight-strong Shiremoor team won their way into the competition's final with their idea for a colour fun run that would be held in the Rising Sun Country Park, with the money they would raise by staging the event going to St Oswald's Hospice.

Teaching assistant Sally Clarke, who worked alongside teacher Leigh Elsaghier in supporting the Shiremoor team's participation in the competition, says: "The team put a lot of work into both developing their idea for the colour run, and practising their presentation to make it as polished as they possibly could.

"Walking into the Newcastle's boardroom and standing in front of the judges was quite a daunting experience to begin with, but the atmosphere was really welcoming, the team's enthusiasm for their idea really shone through and they conducted themselves fantastically.

"When the team's name was called out, everyone was absolutely speechless - it's a brilliant achievement for everyone involved, and there's already lots of excitement about putting the colour run on later in the year."

A film has been made about the final day and is presented by two children that took part in 2014's final. Please watch it if you have a few minutes spare – get a tissue ready too as it's a little emotional.