Company registration [lU￿ber. 06806199 Charity registration number: 1137183 Leaders In Community Limited (A company limited by gu￿alltee) Annual Report and Financial Staternents for the Year Ended 31 Mar¢h 2024 Larnbert Chapman LLP i Warners Mill Silks Way Braintree Essex CM7 3GB Leaders In Community Limited Contents Reference and Administrative Details Trustees, Report 2to4 Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Staternents 9t021 Leaders In Community Limited Reference and Administrative Details Chainnan S Mashal Trustee$ H Kana S Mashal N Ahmed J B Allwinton A Bandeali J Arthur S Naiiuma S Zucker Senior M2na47ement / Le2dership S Uddin Team Charity Registration Number 1137183 Company Registration Number 06806199 The charity is incorporated in England and Wales. Teviot Centre Wyvis Street London E14 6QD Registered oifit¢ Principal Office Teviot Centre Wyvis Street London E14 6QD Lisa Greenwood FCCA Lambert Chaprnall LLP 3 Warners Mill Silks Way Braintree Essex Independent Examiner CM7 3GB Page I Leaders In Community Limited Trustees, Report The ttustees, who are directors for the purpose5 of company law, PTesent the annual Teport togetheT With the fmancial statements of the charitable company for the year ended 31 March 2024. Objectives and a¢tivities Objects and aims Leaders in Community (Lic) is a youth-led charity, Set up by young people for young people by providing avenues where they are able to build their own success. Our creative PTogrammes aim to inspire and ¢rnpower young people to tske up leadership arAd n￿ll￿gement Toles in decision making stN¢￿reS in our local con)muDities i.e by becotning representatives on local boards such as Youth Estatr Boards, Youth Governance Panels, and consultstion panels. and by setting up atLd delivering social action and community cohesion events. By participating fully in society, youllg people will improve the quality of life for themselves, tbeir love4 ones, their peers, will gain essential life skills and be better prepared for ernployment. We aim to enable young people to have more ownership over access to loeal resources and a say in how they are nuL as well as provide access to employment opportunities that they may not be abl¢ lo access otheTWiSe. We also aim to ensuTe young people, especially those who ale rnar(yinalised, are acknowledged &s valuable and active members of the coll￿UllIty. Lic work for young people who face challenges mainly due to .￿QWIng up in areas of high deprivation. Most of the young people we work with are from BlacL Asia￿ and mixed heritage backgrounds" the majority of our service beneficiaries are of predominantly Bangladcshi On￿£¥ Lic operates in a part of the London Borough of Tower Hamlets wbere most ward5 rank within the IO% most deprived, and the majority of our etbnically diverse population are from Bangladeshi backgrounds. Our overarching aim 15 to inspire and empower local young people to be active and vocal contributors to the social, economic and cultural well-being of theiT community. In 2018 we won a Queen's Award for our high-quality work supporting vuiLerable younu people. We achieve our airns by nllmillg a progrartjme of activities with two clear themes: Youtb Leadersbip and Youth Social Action. 'Youth Leadership, Provides accredited skills training, and work experience. It matches young people with inspirational mentors and supports thern to take up positions on decision-rnaking foruTll5 which feed into the way our area is rnn. 'Youth Social Action, provides tan￿ble opportunities for young peopl¢ to identify and tackle issues which rnatter to them most Our clear USP is that the journeys undertaken by younu people parti¢ipaling in our programme are designed by them from start to finish. and result in them being equipped to become social aetivists and take up leadership roles. Public benefit The Tr￿te¢S believe that the activities undertaken within the Charity, to fulfil its ain￿ and objectives, are done so to fiuther the public benefit. The ttustees confm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidau¢e published by the cR￿lty Commission for England and Wale5. Page 2 Leaders In Community Limited Trustees, Report Achievements and perfornianee During the year. Lic has achieved the following statisti¢s through our clwitable work.. . 545 young people participated in our learning prograrnmes. . 406 young ferttale leaders 545 young volunteers 17 young people supported into jobs. 381 young people supported onto trainints provisions. I l O local cbildren supported tr) aeeess services and free hot meals during school holidays. . 900 food bags and hot meals distributed to vulnerable children and families. 3,470 young people and older residents attended our face-to-face health related sessions. . 6,015 local residents benefitted from projects and cornmunity events delivered by Lic youn D people. Financial review Policy on reserves As at 31 March 2024, the charity h&8 funds amounting to £)16,J69 of whicb £160.464 is restricted, leaving £155,905 of unrestricted fimds. Taking itlto account the designated fund and value of r￿ed ass¢ts. the charity has available fi￿dS of £145.296. The Trustees feel that this level of fimds is sufficient for them to continue to operate effectively in fulfilling the harity's objects. The Clwity ain]s to hold £10,000 in reserves for contingencies such as Tedundancies or in case of sudden withdrawal. Trustees and o￿leerS The ttustees and officers serving during the year and since the year end were as follows". TThstees: H Kana S Mashal N AJ)med D Walbank {Tesigned 24 July 2023) J J H HuJes. Treasurer {resigned 5 September 2024) J B Allwinton A Bandeali (appointed 5 September 2024) J Arthur (appointed 2 February 2024) S Naiiuma (appointed 5 September 2024) S ZuckeT (appointed 5 September 2024) Chairnian: S Mashal Senior Manatrement l Leadership Team.. S Uddin Page 3 Leaders In Community Limited Trustees, Report Structure, tsovernance and management Ivature ofgoverning document The organisation is a Clwitable company limited by guarantee by its mernordndum and articles of &5sociation and acts entirely as a non-profit making organisation. In the event of the company being wound up members ar¢ required to contribute an arnount not exceeding £1. Recrutimenl and appointment oftrustees Lic operates a selection criterton for recruiting members onto the Board of Trustees so &s to ensure tbat their skills and experience reflect the governance and operauonal needs of the organisation. Prospective mernbers are interviewed by Lic's Selection Committee. whi¢h includes at least tbree Board members. On selection, Teferences will be taken up as to their suitability prior to a vote. Major r4isks and management ofthose risks Funding ondprojects The trustees meet regularly to discuss the risks faced by the charity. partieularly issues over securing fvnding and the undertaking of specific projects. The trustees airn to mitigate the risks by seeking funding from a number of sources and regularly review the progress on projects to ensure that the objects are being met. Small companies provAsion statement This report has been prepared in accordance witb the small companies regime und¢r the Companies Act 2006. The annual report was approved by the t￿￿eeS of the charity on .. ..............21.1.! 2/.2024 signed on its behalf by.. and J B Allwinton Trustee Page 4 Leaders In Community Limited Statement of Trustees, Responsibilities Tbe twstees (who are also the directors of Leaders In Community Limited for the purposes of company law) are responsible for preparing the trustees, report and the fllLancial statem¢llts in accordanee applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PT&tice), including FRS 102 "The Financial R¢porting Stalld￿d applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provisions in the Companies Acr 2006 relating to small companies. Company law requires the ttustees to Prepare financial staternents for each financial year. Under company law the trust¢¢s must not approve the financial statements unless they are satisfied that they give a tsve and fair view of the state of affaiTS of the ¢haritsble company and of the incoming resources and application of resources, including its income alld expenditure, of the charitable company for that perio