2021-08-26-accounts

Annual Report and Financial Statements for the Year Ending August 2021

Urban Synergy is a youth empowerment charity, on a mission to inspire, guide and ignite the ambitions of young people.

Our approach focuses on early support, to build confidence and show young people what’s possible. That’s why we connect them with aspirational - yet relatable - role models and mentors, as well as industry leading companies.

Understanding that every young person, their circumstance, and their dreams are unique, we tailor our school programmes, mentoring and work experience opportunities to help them reach their individual potential.

With the collaboration of our valued partners, we are building an equitable world where everyone, regardless of their background, is empowered to write their own future.

Urban Synergy | Registered office: 2 Lewisham Hill, Lewisham, London SE13 7EJ England Registered number: 07358294 | Registered in England and Wales. Registered Charity No. 1138802

Message from the Founder & CEO

I am delighted to share Urban Synergy’s Annual Report covering the period from September 2020 to August 2021. It will detail our achievements over the last year and information on our supporters, volunteers, donor activities and our future plans.

Over this year we at Urban Synergy have faced many challenges due to the global pandemic, but we have continued to push ourselves and with the help of our community, donors and sponsors, we have supported more than 6500 young people.

We have established three clear pillars for our

programmes; we Inspire, Guide and Connect our young people to opportunities, helping them to reach their full potential.

We thank you for your donations which provide young people with the skills, knowledge and opportunities they need to be successful in their transition from education to the workplace.

We continue to deliver our comprehensive outcome focused mentoring programmes, which have all been modified and refined to work online in safe and meaningful ways.

Our programmes are only possible with the huge network of support we have built up, with each of our Mentors, Role Models Volunteers and Supporters providing essential time and guidance to the young people we meet.

This year we have grown hugely. We have stabilised our charity despite multiple government enforced lock downs, and even managed one in person school event. Our team has grown and we have established a payroll system, enabling our team and previous volunteers to join Urban Synergy formally.

We have gained new sponsorships and launched our Urban Synergy Corporate Advisory Board, which you will hear more about in this report, and most importantly we have supported:

• 6515 Young people through career s-seminars

• Mentored 122 students through our e-mentoring

• Delivered 186 work experience placements

• Totaling 3192 hours of work experience for young people (half of which was paid)

The overwhelming support we have received in the year following George Floyd’s death, including accessing Racial Equity funding pots, has been impactful and helped us to significantly increase the reach and volume of young people we support.

Together we are building an equitable future for all young people.

Leila Thomas, Founder & CEO

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Message from the Chair of Trustees at Urban Synergy

This has been a significant year of growth for Urban Synergy with a serious increase in the number of young people we supported.

The Global Pandemic has continued to cause disruptions to us, but more importantly to the young people Urban Synergy supports, with another year of exam cancellations. We have built upon our transformation to online working and

now offer opportunities to raise the aspirations of young people with career e-Seminars and virtual work experiences, as well as e-Mentoring.

This virtual way of working has removed geographic barriers and is going some way towards providing work experiences as the traditional in-office opportunities diminished due to government restrictions.

Since 2015 McKinsey have been investigating the business case for diversity in the workplace and in May 2020 they published their third paper Diversity Wins: How Inclusion Matters.

They said “The business case for diversity, equity, and inclusion (DE&I) is stronger than ever. Taking a closer look at diversity winners reveals what can drive real progress,” but how does that equate to the young people we support?

If we dig a little deeper we see that the most successful companies have common threads. Including, “ ensure the representation of diverse talent,” and “foster belonging through unequivocal support for multivariate diversity.”

Both of these are key to the foundation of our mission. We continue to showcase successful diverse role models and give young people the skills and understanding they need to feel they belong in the working world. As we illuminate these pathways into careers, we show our young people the way.

To that, we thank our Corporate Advisory Board, Sponsors and Donors, not just for their generous donations, but for the opportunities they are offering our young people.

My hope is that, with their help, we can continue to help young people reach their full potential.

We know that together we can make a difference.

Dr. Courtenay Griffiths Q.C. Chair of Trustees - Urban Synergy

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Our Programmes

Role Model Seminars

Due to the global pandemic we refrained from holding our traditional in person career role model seminars, but we did launch e-Seminars detailed below and even used a hybrid model, with some of the Urban Synergy team in person and the corporate volunteers online. When it is completely safe, we will resume interactive role model seminars at various schools and sixth form colleges.

e-Seminars

At Urban Synergy, we focus on early support, to build confidence and help young people see what’s possible for their future, so in September 2020 we launched the first e-Seminar and it was a great success.

Our school e-Seminars work to bridge the gap between the classroom and the workplace.

This programme is specially designed to inspire and empower young people. We introduce them to role models who have overcome similar barriers, that raise their aspirations, offer a path to follow, and pass on the confidence to write their own future.

In the last 12 months (Sept 2020- Aug 2021) we have reached 6515 students in 52 seminars. To run these and including work experience we have engaged 293 volunteers and they have completed 1056 volunteer hours.

School Feedback:

“Thank you again for the seminar today which the students enjoyed enormously. They got a huge amount out of it, and when talking to them over lunch, many said that they feel inspired to look at different career options now.

Our staff were very enthusiastic about it and thought it was great too. Please pass on my thanks to your CEO, the panellists, and everyone involved – you were great! Ms Bernie Boyle, Headteacher at Bishop Thomas Grant School.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

1-2-1 Mentoring

We have decided to focus on the e-Mentoring programme that we piloted and launched in 2020 as it was much more attainable with face to face restrictions imposed by the UK Government. It was also very impactful and more cost effective as it was a shorter programme to deliver and less resource intensive. We have therefore retired our 1-2-1 12 month Mentoring programme.

e-Mentoring

We guide young people on their unique paths to the workplace via access to aspirational, yet relatable, mentors.

Our e-Mentoring provides engaging one-to-one sessions, with leaders offering valuable insight from their personal stories and how they carved out a path to success.

Based on the specific needs of their mentee, our mentors work with them to build their confidence in personal and professional skills, such as presenting, communication, organisation and interview practice, as well as delivering personalised CV’s and giving careers guidance.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

In the last 12 months (Sept 2020- Aug 2021) we have had 295 new mentees apply for the e-mentoring programme, with 122 mentored. The mentors have logged 657.36 volunteering hours through their Safeguarding session Logs.

The e-Mentoring programme has enabled us to reach young people across 23 London boroughs and in many different schools and sixth form colleges.

Feedback from our mentees after completing the programme below showed their improved skills and confidence (%):

e-Mentee Student Feedback

“I had a great relationship with my mentor, it felt natural and he clearly understood what he was talking about. I learnt alot and I feel more confident pursuing my goals.“

“I enjoyed being able to have regular contact with someone who's already successfully done something similar to what I aspire to do too. Additionally, the CV and mock interview sessions were especially insightful and helpful.”

“Having a mentor helped me realise that I need to be more optimistic and never give up with my education in order to be successful.”

“The thing I enjoyed the most was when I got to do the mock interview. This is because it helped me to see how it would be in a real interview and I also received good feedback so I now know where to improve for any job interviews that I have in the future. It also gave me confidence so that now if I have an interview I won’t be shy when I’m talking to the employer.”

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Parent Feedback

“Just a little message to say thank you for pairing John with my son Dwaine as his mentor, the two have so much in common and it was really nice to see them interact at our first meeting earlier this week. So refreshing to watch my Dwaine actually listening and conversing with an adult, he found it really helpful and is looking forward to meeting with John in a couple of weeks.” Carol

“At the time that my son was introduced to Urban Synergy he was experiencing low self esteem and confidence and was unconsciously searching for support and direction. He was struggling to hear this from us, his parents.

He was paired with a mentor who inspired him to focus, set goals and dreams and become aspirational in a way he previously hadn’t envisioned beyond his social environment.

My son was put forward for a presentation with a large investment company and made the top 5. This accomplished the goal of confidence boosting and organisational skills. I was provided with regular updates on his progress with parents evenings via Zoom and emails.

The impact of using this service also helped improve home life, opening dialogue between us and allowing him to open up to receiving support from us, his parents.

Both my son and I had an amazing experience accessing Urban Synergy service and my son has gone on to complete his first year at university which I attribute to their support. Highly recommended service.” Doriel (Mentee Parent)

Mentor Feedback

“You guys are doing an amazing thing! I have told my colleagues about it at work and once things settle down, I'd be sure to get my team involved. Thanks for a great experience!” Daniel

“I would like to make a point that I think this programme is fabulous. The ethos, approach and outcomes of the Urban Synergy programme are really solid and It gave me a lot of pleasure to be part of it and see Ava's success over time. I'd love to continue to be a mentor moving forward.” Jeramie

“Such a great programme! Thanks for making this happen and giving people the opportunity to help others through mentoring! I learned a lot in the process too!” Romeo

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Why Mentors and Role Models Sign up?

During this year we have experienced the continued isolation and separation caused by the Covid 19 pandemic. Just like the students we support, we have been largely separated from our colleagues and normal routines.

Even more than before our volunteers sign up because doing good feels good! It also united us on a combined mission to help young people and gives us a sense of community.

Our established programme, with clear processes makes it easy for our Role Models and Mentors to work in their local communities and give back. As a result, we have had overwhelming support and feedback from our mentors with many coming back to mentor year after year. Many of our Role Models share what they are doing with Urban Synergy and introduce new role models from their networks, who tell us that they enjoy using their spare time for a greater good.

Through the Urban Synergy network, they have also found new connections, helping them to advance their own careers as well as make new friends. When we talk to our volunteers they tell us, they wish that Urban Synergy had been around to help them when they were young.

Why do corporate partners support us?

During the pandemic a lot of in person volunteering opportunities were cancelled. By moving our programmes online, we were able to continue to take on volunteers and enable them to do good, which was really appealing to our corporate partners.

We also know that diverse teams deliver better performance and our partners tell us there are benefits to the staff, in developing their coaching and communications skills, as well as the team building opportunities it brings. They have seen improved staff morale and it helps them to reach their own sustainable development goals, which are often focused on good health, well-being and reduced inequality, as well as Diversity, Equity & Inclusion.

Urban Synergy provides easy ways of using volunteering days to work directly with their local communities to positively influence young people. Many of our partners give their staff 1 or 2 volunteering days each year.

Work Experience

We know our young people thrive when they feel motivated, valued and challenged.

That’s why we work with industry-leading partners to secure meaningful work experience opportunities that ignite their passions and act as a catalyst for their journey into the workplace.

This programme helps us to create diverse, work-ready talent, prepared for their next opportunity. We believe that through these efforts, in collaboration with our partners, we can build a workforce based on fair opportunity, that everyone can benefit from.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

In the last 12 months (Sept 2020 - Aug 2021) we have 186 work experience placements ranging from a taster day, to 6 week internships. This totaled 3412 hours of work experience for our young people.

Of these opportunities, 1605 hours were paid work.

To deliver the Work Experience we partnered with Boku, Citi, Dynamic Planner, Epoch Capital, London Stock Exchange Group, M&G Plc, Moody’s Investor Services, Morgan Stanley, National Black Crown Prosecution Association, PwC, Refinitiv, RWS, Salesforce, Tideway, Tru Rating, UK Power Networks, UK Supreme Court.

We also delivered more Bright Horizons programmes, following our pilot last year and through feedback from stakeholders and young people, we renamed it our DREAM programme. Which stands for:

D ream

R esponsibility

E njoy opportunities

A ppreciate M ake it happen

The Work Experience programmes delivered by Boku, Dynamic Planner, Epoch Capital, Tru Rating and UK Power Networks followed the DREAM format though some partners ran multiple placements and also full time during the school holidays.

Mentee Work Experience feedback:

“I enjoyed it very much, I believe I have gained a vast amount of skills during it including learning how to use certain technology and presenting skills.” Glory

“I enjoyed the work experience, because it helped me be more confident in working with people I don't know and taught me more about apprenticeships.” Temidayo

“The work experience gave me a good insight on how it is to work in a fast paced environment, and building confidence and to work collaboratively with a creative team.” Syed

M&G work experience

In partnership with M&G plc, Urban Synergy delivered six one-week virtual internship opportunities, where mentees learned about all aspects of investment management. Mentees each completed 32 hours of work during the internship, totalling 192 hours of work experience. These vital insights gave the young people the information they needed to understand the industry, routes into asset management including apprenticeships and the variety of roles available in a large financial institution.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Moody’s Work Experience

Over the summer one of our Mentees, Ethan completed a 4-week paid Business Development, Support and Research Internship at Moody’s, totalling 140 hours of work experience. He said “One of the best parts about my Moody’s internship was getting to make those one-to-one relationships with different people. Even now, 6 months later, I’m still in contact with some of the people from Moody’s that I found inspiring. It’s helped me see that even in large corporations,and even those in senior positions, everyone's still a person.”

Tideway Work Experience

In July we worked with Tideway to deliver a week of work experience for ten students, finding out about the innovative work being done to preserve the River Thames. They worked both online and in person with visits to two different sites.

This amazing opportunity learning about the Engineering industry delivered:

• Deeper understanding of the Super Sewer project and its impact on London

• Improved knowledge of Sustainability and Engineering

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

• Interactive assignments and tasks

• Networking with senior leaders and teams across the business and understanding their roles

• A project and final presentation

• Improved understanding of apprenticeship programmes and how to apply

Mentees presenting their engineering presentation to Tideway during their work experience with Tideway via Urban Synergy.

Salesforce Work Experience

With Salesforce we delivered an inspiring week of work experience for 23 students in April. 40 Keen volunteers gave up a total of 275 Hours to deliver this interactive online work experience programme. Each student completed 35 hours of work experience.

They gained insight into Business, Sales and Technology during the work experience opportunity, and had to work in small groups to use technology to solve a real world challenge.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

100% of the young people said they gained the following skills: Networking, Working Remotely, Personal Responsibility, Building Relationships with Professionals. They all said they wouldn’t have had access to an opportunity like this without Urban Synergy.

For many it opened up their eyes to a career in technology which they would now like to pursue.

One of the teams of young people during their final presentation.

Some of the Salesforce team, Urban Synergy team and young people.

Boku Work Experience

Boku offered a DREAM programme focused around Operations. The student gained exposure to the software and mobile payments industries meeting with leaders across Boku functions including; Commercial, Operations, Finance, Product, Marketing, Technology, Legal and IT & Security. They also took part in these initiatives:

• Business development – sales & commercial planning and working with digital merchants

• Operations – project management and customer support for identity and payment software services

Urban Synergy - Registered Charity No. 1138802

Annual Report and Financial Statements for the year ending August 2021

• Technology – software development of identity and payment platforms

• IT & Security – planning and developing secure information technology (IT) systems for Boku’s growth

PwC work experience

In August, 13 mentees in year 12, successfully gained places on PwC’s New World New Skills programme through Urban Synergy. This was a paid week of work experience, which was hybrig, some online and also a site visit to an office. Their goal was to gain insights in technology and how it is used in business, linking to PwC’s mission of everyone being able to live, learn, work and participate in the digital world. The students valued the insights they had and learned essential business and communication skills.

UK Power Networks Work Experience

Six students supported during a one-week work experience programme, creating 71 hours of volunteering. Mentees gained insight into areas across the business, including electrical design, end user computing and telecoms, marketing and communications, and employee engagement. They also developed the CV writing, interview and presentation skills with UK Power Networks employees.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Dynamic Planner Work Experience

Ryan completed our DREAM programme with Dynamic Planner, the UK’s leading risk-based financial planning system:

“Meeting the senior leadership was inspiring, especially hearing from the CEO and how he built the company. During the internship, not only did I meet a great team of people, I saw that the company’s mission was very clear: to support clients and make portfolio management easier for them. Everyone I met was focused on that goal. It was a privilege to be trusted to help wherever I could."

Here's what Elly Gallagher, Head of People & Values at Dynamic Planner had to say:

“We chose to work in partnership with Urban Synergy, recognising that we could make a real difference to the students by providing interesting work opportunities that are not always easily accessible.

Our team members who supported the DREAM programme, which Ryan was part of, got to develop their own mentoring skills and impart valuable knowledge gained through their own working lives. Ryan fitted in really well as part of our finance team; we were really impressed by his contributions, professionalism and ideas, some of which have been implemented and are of benefit to the company ."

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Highlights of the year

Urban Synergy Corporate Advisory Board Launch

In October 2020 we launched our Urban Synergy Corporate Advisory Board to enable Urban Synergy to grow successfully by bringing new expertise and experience as well as supporting sustainable fundraising, idea generation and corporate participation. Corporate Sponsors will also provide expertise, mentors and funding.

The Advisory Board has no formal responsibility in terms of performance, finance or operation of the charity, but will serve as advisors to the Trustee Board and Management of Urban Synergy, based on their extensive operational experience and key networks. They will be material supporters to Urban Synergy both financially and through mentorship and career openings for mentees.

As well as providing sustainable funding to the charity, the Corporate Advisory Board will share their expertise, including PR & marketing, technology systems, fundraising, and HR. They will develop career learning and pathways for the young people served by Urban Synergy into employment through corporate insight days, job shadowing, internships, apprenticeships and other work experience.

• Corporate Advisory Board members include: Goldman Sachs, UK Power Networks, Dynamic Planner, EC1 Partners, DMGT and Refinitiv.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

● Corporate sponsors include: Citi, Morgan Stanley, Capgemini, The International ’ business of Federated Hermes, Moody s,Newable, PwC and RWS.

Chair of the Urban Synergy Corporate Advisory Board, Refinitiv CEO, David Craig , said: “ We owe it to all children, to level the playing field and create opportunities for everyone to thrive according to their abilities. The financial community will benefit enormously from more diversity; and I’m delighted at the range and depth of individuals joining this Board. I know we will make a difference.”

Basil Scarsella, chief executive of UK Power Networks, a company which has joined the Urban Synergy Corporate Advisory Board, said: “Our support for Urban Synergy is another example of our determination to ensure UK Power Networks is a truly inclusive and diverse workplace. We are already working hard to achieve this, but we can always do more. All companies have a responsibility to ensure equal opportunities for all and my genuine belief is that a vibrant workforce, from diverse backgrounds, ensures a whole range of fresh ideas and perspectives emerge to reflect the community we serve.”

Haberdashers Ready 4 Work Conference

In January, 120 students from Haberdashers Aske’s Knights Academy attended our Ready 4 Work e-Seminar with volunteers from Goldman Sachs, Refinitiv, EC1 Partners, PwC, Citi and Adobe.

Year 12 students, preparing for their next steps, had the opportunity to connect with and question a diverse panel of professionals, as well as receiving career advice and guidance to support their transition from further education onto their professional path.

Students were split into online classrooms with role model panellists, working in a range of sectors including Banking and Capital Markets, Financial Crime, Law and Sport, sharing their personal professional pathways and decoding the world of work.

Students were given ‘top tips’ by the host and panellists working in recruitment and talent. One Knights student told us, “I learned how to give a good first impression on future employers and that not knowing what you want to do in the future at this stage is perfectly fine.”

Jamie Cole, Haberdashers head of yr 12 : “I know students would have greatly benefited from the experience Urban Synergy has provided for them, allowing them to aspire to be what and who they want to be. They have been assisted in making decisions regarding their short and long term futures. Receiving first hand insight and tips from credible, relatable young professionals as well as experienced more senior individuals is so beneficial to my students.”

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

London Thunder Seminars

Urban Synergy partnered with community Basketball club London Thunder to deliver a series of online Role Model Seminars called ‘Careers in..’, featuring role models from different jobs/industries including; healthcare, business & finance, sport, technology during lockdown.

We also worked with the basketball club Manager Steve Bucknall to encourage his players to join our e-Mentoring scheme as it delivered valuable transferable skills for players looking for scholarships and further education.

We also delivered a special Black History Month seminar with Paul Obina and one of our Mentees Nathanael Newyear talking about the black history timeline.

UK Supreme Court Virtual Tour

In February we partnered with the UK Supreme Court to deliver a virtual tour of the court and how the cases there work.They illustrated the creation and work of the UK Supreme Court. With an interactive tour, discussing some of their more accessible cases, covering such topics as freedom of the press versus personal privacy or the limits of religious freedom or the stop and search laws. Their aim is stimulating young people’s interest and perhaps inspiring them to look at the law as a career. They had two Judicial Assistants, who were qualified lawyers, working for a period in this junior position, to give them insight into the work of Queens Councillors, with a view of becoming one, later in their careers.

The young people really enjoyed getting to talk to the Judicial Assistants who made extra time to answer all their questions. The young people said, “ the event was very informative and it gave me a good perspective of job roles within the law sector and history of law.”

“The event was very informative and it gave me a good perspective of job roles within the law sector and history of law.”

Court 1 at the UK Supreme Court

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Motability Operations Scholarship

We partnered with Motability Operations Ltd to launch their University Scholarship Programme for Black, Asian and Ethnic Minority students to provide financial help and work experience during their University education.

This opportunity included:

• Funding of up to £9,250 per academic year, for a maximum of four years.

• Paid summer placements at the Motability Operations London office.

• Mentoring from both Motability Operations and Urban Synergy.

• The chance to apply for a permanent job when they graduate.

Nadia Begum, one mentee who obtained the scholarship has said: “The scholarship has enabled me to go to university to study my desired course without having the financial burden of tuition fees that comes with higher education. The scholarship has also helped me to pursue my career goals, as I will gain valuable work experience during the yearly summer internships at Motability Operations."

St Ursula’s Ready for Work Seminar Partnered With Citi

In July, Urban Synergy hosted a hybrid Ready 4 Work seminar with 28 volunteers from Citi, supporting 130 students at St Ursula’s School. The students got to develop their interview skills through mock interviews, learn how to write a good CV with Citi HR and Apprentices, and talk with a diverse panel of professionals sharing career pathways, inspirational stories followed by Q&A with students asking questions via chat. Top tips to the top, to prepare the students for their next steps.

Our goal for the day was: Helping to raise the aspirations of students by sharing real and tangible information about career journey’s and prospective jobs.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Student feedback: “I learnt how to give a good first impression on future employers and that not knowing what you want to do in the future at this stage is perfectly fine.”

Head Teacher Conference

In March we were guests at two head teachers conferences. The first was with Lewisham Council and their focus was Embedding Race Equality in Lewisham schools and raising the attainment of black caribbean pupils. The second was with the Arch Diocese of Brentwood with a focus on Racial Equity. On both we presented our programmes and how we were helping young people and schools to bridge the gap from the school gates to the workplace.

These conferences gave us an invaluable opportunity to hear from the Head Teachers and School Governors about the challenges they are facing and the issues affecting the young people they teach.

We have since worked with many schools to run e-Seminars and share e-Mentoring with the Secondary schools and sixth form colleges and continue to strengthen our relationships with the schools.

PwC Virtual Park Event

In May we partnered with PwC to run a virtual careers fair in their Virtual Park, an interactive software solution that allows visitors to create an avatar, move around a virtual conference centre and network with PwC professionals. The young people enjoyed the interactive aspect and gained vital employability skills. Using avatars made it easier for young people who are shy and the event had lots of different sessions to keep things interesting. The PwC volunteers had a great diversity of different roles and seniority levels as well as gender and ethnicity.

Science Magic

Science Magic worked with Urban Synergy on a pro-bono basis to assess our brand, mission and any unique selling points. They helped to position us better, with our brand messaging,

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

communications and PR offering. We now have a brand positioning and messaging deck that can be used for communications across our digital platforms, and at in person events.

To complete this they completed interviews and research with all our stakeholders, including schools, young people, the USCAB, Role Models and Mentors, as well as the Urban Synergy Team.

They helped us express our USP as a ‘Youth Empowerment Charity’ and helped us to understand how we are perceived and received by all our different stakeholders.

This has helped to refine our website, and our messaging.

Careers Week - Oasis Academy Arena

Seven colleagues attended an e-Seminar that was part of a careers focus week at Oasis Academy Arena providing a wide cross section of roles, seniority levels, culture, backgrounds and advice.

Feedback Kat Maguire - Maths Teacher & Career Lead at Oasis Academy Arena:

“We cannot thank the Urban Synergy team enough. Building quality relationships with real employers is a very difficult task for schools but Urban Synergy made these seamless and extremely professional events.

The calibre of the speakers was more than we could have hoped for. We were lucky enough to hear from a range of individuals in senior positions. It was also very powerful for our students to get to hear from panels consisting of such diverse backgrounds, races and genders.

We were really impressed with the panel’s openness and honesty in discussing their personal career challenges and highlights. I know that this has impacted on students who might have a tendency to see setbacks as a barrier to success rather than something that simply sets them on a different path.

We are very excited to continue working with Urban Synergy as we know their involvement in our careers programme is going to bring immeasurable benefits to all of our students.”

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Black History Month Campaign

At Urban Synergy we feel accessible, positive role models are so important to show young people career pathways and how to access them.

With that in mind in October we showcased interviews with Role Model Hero’s during UK Black History Month (BHM). By showing the diversity of roles and role models to the next generation, we can help them to write their own futures.

We must make significant changes to raise the aspirations of the young people in our communities. We believe in order for that change to happen we must work together to help each other, to lift our young people and make their futures brighter. For this purpose we also included our active allies who are taking action, in our Black History month showcase with our role models. Nelson Mandela wisely said “It is in your hands, to make a better world for all who live in it.”

LinkedIn Pro Bono

In June we ran a sponsored LinkedIn campaign to raise the profile of Urban Synergy and reach new potential supporters. LinkedIn gave us a pro bono $50,000 spend to use on sponsored messaging, advertising and posts. This generated 1,647,174 impressions during the campaign and led to new sponsors and supporters as well as expanding our brand awareness.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Award Wins

This year saw Leila Thomas win and be shortlisted for many awards, most notably:

• Leila Thomas received the National Black Crown Prosecution Association (NBCPA) ‘Profile in Courage Award’ 2021

• Leila Thomas featured on the EMpower 100 Ethnic Minority Executives List.

• Leila Thomas featured in the EMpower Top 10 UK Black Role Models list, presented by Google. Leila was delighted to be listed alongside Sengova Kailondo, a past mentee who gained valuable work experience in Law, through Urban Synergy when he was 15.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Outcomes for our Alumni

Urban Synergy is an outcome focused charity. We continually monitor the outcome of mentees who embark on our programmes and document successes through case studies to show the impact that the charity has made to that young person’s life

This year we have mentored and supported thousands of young people, offering many work experience placements, below are a few highlights below:

• Jaden Auguste-Lowe completed paid work experience with UK Power Networks via Urban Synergy and also performed at our Celebration Event at the London Stock Exchange Group building in Canary Wharf.

• Kareem Mercier was introduced to a NASA Engineer via his mentor and also completed paid work experience with PwC at their office in London Bridge, also work experience with Tideway engineering who are building the super sewer.

• Morgan McKay Simpson completed paid work experience with TruRating, they also offered him a paid summer placement.

• Kofi Duah aspiring lawyer was mentored by a Barrister, Q.C. and Kofi also completed work experience with technology giant Salesforce and presented with a team of other students to the Salesforce Executive Team. Their team won an Amazon TV Stick Lite each for their group presentation.

• Ryan Odita completed paid work experience at FinTech company Dynamic Planner.

Impact - Mentees Graduated 1/9/2020 - 31/8/2021: Before and after self evaluation average responses

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Sept 2020 - Aug 2021 Financial Summary

URBAN SYNERGY

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 August 2021

	Notes	Unrestricted Funds £	2020 £
Income and endowments from:
Donations and legacies	2	533,526	109,770
Other trading activities	3	1,1114	10,000
Other income	4	1,054	1,289
Total		535,694	121,059
Expenditure on:
Charitable activities	5/6	(260,716)	(75,291)
Total		(260,716)	(75,291)
Net income		274,978	45,768
Reconciliation of funds
Total funds brought forward		50,033	4,265
Total funds carried forward		325,011	50,033
Statement of Financial Position
As at 31 August 2021
	Notes	2021 £	2020 £
Fixed assets
Intangible assets	11	940	-
		940	-
Current assets
Debtors	12	4,635
Cash at bank and in hand		460,865	98,345
		465,500	98,345
Creditors: amounts falling due within one	13	(141,429)	(48,312)
year
Net current assets		324,071	50,033
Total assets less current liabilities		325,011	50,033
Net assets		325,011	50,033
The funds of the charity	14
Unrestricted income funds		325,011	50,033
Total funds		325,011	50,033

Urban Synergy - Registered Charity No. 1138802

Annual Report and Financial Statements for the year ending August 2021

Urban Synergy’s Future

2020 to 2021 has been a year of transformation and growth. We have still had challenges, and lockdowns to navigate, but we have stabilised, increased our reach, funding and the number of young people supported significantly.

Urban Synergy continues to be successful and intends to expand its model, working in partnership with more corporate companies, gaining more role models, reaching more young people and delivering more positive outcomes.

Within the next three years we plan to:

• Increase our income to grow our charity

• Continue to expand our resources and team

• Expand our online Programmes:

• e-Seminars London wide

• e-Mentoring London wide

• Continue to offer our mentee activities to include additional online workshops

• Improve volunteer management and communications

• Improve our partnership management and reporting

• Streamline our information management system

• Grow our Corporate Advisory Board

• Expand our programmes to other schools in other cities in the UK with similar socio economic challenges

• Create a Fundraising and PR Team – promote the raising of funds and awareness of our success and ongoing funding purposes

Urban Synergy Board of Trustees

Leila Thomas – CEO

Dr. Patrick Clarke O.B.E, Charmaine Charles, Trevor Cole, Donovan Davidson, Dr. Courtenay Griffiths QC, Emma Miller, Paul Lawrence, Eddie Nestor, Garry Green and Dr. Keith Davidson.

Trustee Changes

Paul Lawrence , our friend and Urban Synergy Trustee, sadly passed away in December 2020. Paul was hugely influential in training mentors and to all young people he met. His guidance as a Trustee is sorely missed and his passing was felt all across the charity, especially the young Ambassadors and also the local community. His legacy lives on at Urban Synergy and we plan to launch the Paul Lawrence Star Mentee Award. Our thoughts, love and support remain with his family.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Emma Miller , Head of Investment Banking & Capital Markets - Data & Analytics - London Stock Exchange Group (LSEG) has joined us as a trustee and brings a wealth of account management, financial and strategy experience.

Urban Synergy Team

Leila Thomas, Dianne Johnson, Nigel Williams, Trevor Cole, Kate Williams, Jacquline Alcindor, Donovan Davidson and Charmaine Charles, Deborah Barrington, Vanessa Morrile, Jane Watts & Richelle Case

Urban Synergy leadership team

THANK YOU

Finally, we’d like to extend a huge thank you to you, our Donors, Sponsors, Strategic Partners, Volunteers, Role Models and Mentors. We could not have helped so many young people without each and every one of you.

Urban Synergy - Registered Charity No. 1138802 Annual Report and Financial Statements for the year ending August 2021

Charity number. 1138802 Company number. 07358294 (England and Wales} URBAN SYNERGY Re￿rt ol the Trustees and Unaurfited Finanua] Slalemenis For the year ended 31 A￿U$l 2021

URBAN SYNERGY Contents Page For the year ended 31 August 2021 Report of the Trustees SndepeTrJent Eywninerf5 ftep￿t lo the Twslees ststffnt tsf finanoal Actsvibes Stalemenl of Fwwiudl Positit Notes 10 Ihe Fin￿1* Sraiements Sto9 Delaikd Starement OfF1rk9￿I-￿ Actiwties 10t0 11

URBAN SYNERGY Report of Ihe TnJslees For the year ended 31 August 2021 The Trustee8. vtho we abo diieclors kn Ihe pvrpD5e5 01 ￿n￿nY law. have pbeasvre irt presenlin9 re￿rI arKI Ihe firwntsol stateThefits for the thaiilable company for the yw ended 31 Augus1 2021. The Trustees have adopted Ihe prowsK)ns of A¢rounling and Rcporthng by Charibes." Statemefil ol Recrmrnended Praciice èpplicaU• 10 charilies preparin9 th8ir accounis in ccordance v4ith tht Finan¢iJ RefK)rtry siandard a￿C￿tIe in Ih? UK and ihe ol Ireland IFRS 1021 ielfecuve 1 January 20191. The Iru51ee5 have ¢on5i&3r¢d Ihè Chartty C￿Tr￿L￿'S on Wb1￿ trnehl. Ihè 'publc b•n8fii'. runnlng ¢hatity IP82)'. See Tru$tÈes Annual Reporton Appendix One REFERENCE AND ADMINISTRATIVE INFORMATKIN Narne ofcharity Charity re9istratstsn numb•f Company registralion number Principal address SYNERGY 1138802 07358294 2 Lewslt8m Htll L(￿dl SE13 7EJ Twstees Thè trust￿ ollicws seNing dunrJ Ihè yè aThJ iho )w•nd were as folkns.' Day￿ Patrick Qarke Edthe Nesic Emma IApF¥Jinted." 03 Sewemiw2020) Indopèndèni exarniner Emmanuel Ilen5ah FMAAT Ground F￿X￿￿eSt C¥IKe 10 Nicholas Hwse. Rivef Fronl Enfieh EN1 37F Approvgy by ts Board o(Trust￿ )d swjned on its behall by Donovan Dawdson-Trus 1 of 11

URBAN SYNERGY Itthpendenl Examinefs Repc<( lo the Trustees For the year ermled 31 Awust 2021 l Tewrt to the trusw on myexannalK)nofts acc￿nts ofthe cX)mp￿Y iht >tar•￿e0 31 August 2021. Re5por15ibiltknes and basls of rEporl As Ibe thaiily Trustees. who èrE &so directus thè ol c(￿￿p￿Y L7w. a￿ re5poh>ble fty the preparation ol the ￿oUnts In atcordan¢# wth the rèquiièm•nts ￿ the corryn￿S Act 2(JA 2006 A¢i'i. Hawng satisfied myseff th* Ihe accoLwts c4 the Company are not rewired to bc audrted LwMJer Part 16 of Ihe 2006 Acl and Af8 eligible for tn(J¢pwdenl exarninJi¥Jn. I repyl In ￿spect of my exarn1nalK￿ ol y(w ch8riVs attounts carriod under ￿bon 14501 Ihc ChanUe5 Aci 2011 Ilhe 2011 ACVI. In Ca￿)￿9 Out my examinati￿ I have follo￿ the DITectson5 given byihe Chirily Commissw under sethon 14SISllbl of the 2011 Acl. Independènt examlnets ststemenl &"n￿ the Charitablo Comp￿.$ gross inc¢hetl. Efflnkinuel Mensah FIMAT Ground FIoDr Wesr Offu 10 Nicholas House. Rivor Front Enfield EN1 3TF Oate". 13 May 2022 20111

URBAN SYNERGY Stslement of Financial Acb'vities {induding Income aTra Expenditure AcC￿nI) For the year erKled 31 August 2021 Urbwe5trirted funds 2020 Incorne and endowments from: Donations And leyues Other tra(Jing activitses Othtsr Incom8 S33.$26 1.114 1,OS4 109,770 10.000 1.289 Total 535.694 121.OS9 Expenditts￿ on: chr1fiirib￿ acts"vitie5 1260.7161 175.2911 17S,2911 Total 1260,7161 Net income 274978 45.768 Reronciliation of funds Total fund5 brought foN4ard Total funds Garried .033 4.265 325.011 $0.033 3of11

Reur51aed Number: 07358294 UR8AN SYNERGY Stslemenl of Finanoal Position As at 31 August 2021 Notes 2021 302Q Fixèd agsts Inian9Ole assets 940 UWTent Jwt5 Debtors 12 4,635 460.865 465.500 Cash at bank in hand 98.345 98.345 Creditors.. amounts fallin9 duè within (bnfr yèar 13 1141,4291 148,3121 N•t euvrènt ass•is 324.071 Xl,033 50.033 Totsl a5sÈts lèss curr&nt lfiabllltles 325,011 Net asseis 325.011 50.033 The of eharity Unrestncied Income funds 14 325.011 50,033 Total lunds 325.011 50.033 FOT the year end•J 31 August 202t c(Nknpany was evrfiw ￿ eXwryx￿ from u￿lèr section 47701 CorY¥)anis Act 21￿6 felabft9 ￿ small CoMpar￿es. The mernbef5 have Thjt rEwwed the t(¥npany lo of Its 0￿ry￿S fr)r the year n que5b¢m m ctyrJarKe wrth 5ecbon 476. d the preparation of attounts. ThosÈ ￿{m￿lS ha4 been rwared ￿1h th• provol￿$ appl"cablèto )rnpaNes su4"eGI lo the 5mdU comparuÈS' r¢gme. The finarKial 51alemenls were ap[Yo¥￿ a￿lau1￿￿e0 l( IS￿ try Ihe 8oarnl on lis Lwjhaltby. Donovan DavlsOn Trustee 40111

URBAN SYNERGY Notes to the Finanual Statements For the year er)ded 31 August 2021 1. Account6n9 Polkles 80si9 of accwnling The hnanoal Sthlemenls have been prepared under tho histcKlcaf o)st Converi￿. except ror Investments ¥%fftich are Indudèd at market value and the ol certain fixed asseis in a¢tsyd•ntx t¢ ChariliÈs SORP IFRS 1021"AccountJ"ng and RepfffiiNJ by Charities. St318mentol RecomrneTrJed Practice apphc3ble to chanties prepanng Iheir attouThts in %corrfan¢e wth Ihe Finarfial Rewrtfftg &andard appI￿at￿e in the UK and RepU￿C of Ire13nd IFRS 1021 lerfectsve 1 January 20191.. Finanoal Reporbng Standard 102 Reporfty &atja￿ apFthcabb& in the VK aryj Ropublic ol tr¢I￿d IFRS 1021. and the CryrwnEs 2ty)6. VR8AN SYNERGY mee15 the defiJsiliw ola put)IK benefii enlrty urbdorFRS 102. Assets and liabilitie5 are initsally re(￿n￿e￿ alh15￿C8t COSI gr transa¢tson vaiuo Lmjess olh￿Se$l3Ied In the rekvanl ￿CountIng noielsl. 2021 2020 Unrestricted lund> Donat￿nS receiv¥d 56,320 477.2( 71,770 38,000 Gtanls ro¢0iwJ $33.$26 109.770 3. Income eThd from other XWVI￿s 2021 2020 Uhrsiricted funds Funrj ratsing evenls 1,114 10,Of)) 10,1100 4. Other inc4me 2021 202¢ Unrqstritt•d l￿d$ her Incorne Oth¢r ICreditOTS Wrilc-back) ,289 1,054 1289 5ot11

URBAN SYNERGY Notes lo Ihe Financaal Slalemenls Continued For Ihe year ended 31 August 2021 S. Costs of charitablE activilies by fund type 2021 2020 Unresiricled funds Youth M•ntoriry. Sominars & Workshops Supporl ms¢s 190.113 2.425 70.603 72.866 260.716 75.291 6. Costs of charitab￿ •¢tlviiias by activity type livilirs vndert3ken directly Grant funding of Swwrt eosts 2021 2020 Supwt costs Youth MÉntoring. Seminars & W(1(shops 184.940 5.173 70.603 260.716 75.291 7. Anaty$is of support C05tS 2021 2020 Youth Mentoriwbg. Seminays & Wthshops mdiia9en￿nl 49.976 4.471 SupFUt Cosls- Resourc&s 7.103 63,874 Supprytcost_ Operations Govemanee costs 6,891 9.053 2.101 70.603 72,866 8. Net inc¢)ThllexpÈnditurnl for thè y•¥ This 15 51ated a118r Cha1￿￿1¢1e(IsltyI. 2021 2020 Independ¢rti èxanNno¢s fees &352 948 60111

UR8AN SYNERGY Notes to ihe Finan(ial Slatemenls Continued For the year ended 31 Augu512021 9. Sthff costs and emolwnents Tolal Staff costy f￿l￿e year ended 31 AugJst 2021 were". 2021 2020 S1¢ Lqrios and wages Social security costs 81.532 7.779 89.311 2020 Support Workets 10. Comparati¥È forthe Statement of Financi Athits corryarahvo yearva1￿5ffi the Stat•n￿l ot F¥n8rK3 Actiwl*s ILYur¥estricled lunds. 11. krtanyibbe fixed assels kntanyible sset 3 ¢05t or v•luatson Al 01 September 2020 Al 31 Atjgust 2021 Net book ¥￿ueS Ai 31 August 2021 940 AI 31 Au9llSI 2020 940 11 Debtors 2021 2020 Amounts du¢ T￿thin yw. Prepayrnents 4.635 4.635 7vf11

URBAN SYNERGY Notes lo the Financial Statements C(￿￿'nued For the year ended 31 August 2021 13. Cr•ditors'. arnvunts falhg due vithin gne year 2021 202Q Trade creditors 11.2 Jf5 Olhw uediiors 5.947 9.180 A¢¢rual$ and L1elerred Irome 124.227 39.132 141,429 46,312 14 Mov•m•nt in lunds UnTÈ5tricted Funds 8alanco at Out9oin9 r•$otsrc•s Balance at 3110812021 0110912020 General General 50.033 535.694 1260.7161 325.Ql 1 50.033 1260.7161 325.011 Unr•siii£ted Funds- Prev￿￿ year Balance at 011091ZQI9 Incorning resources BalarK• at 3110812020 ourGes Genernl General 4.265 121,059 175.2911 9).033 4265 121.059 175.2911 50,033 PU￿$? of ￿or•strICted Funds General These ar￿ fun￿ not restneW In nkntye can bo appl￿ as the ￿rd sees fit tht xope oflhe chari1$ objects and inleThJed Put￿}&0&_ fixod as¥ets tss¢i$l PiWArbeJTr Urtr¢siri¢ted f￿d$ Genernl Geroral 940 324.071 325.011 324.1171 325,011 80111

URBAN SYNERGY Notes to the Financial Statements Continued For the year ended 31 August 2021 PrÈvlaus Intsn9ibb• ￿x￿￿¥s¢ts Pl*tcwrnnt N&tAss•ts assots I Iltsbllmlesl Unrestricted fvnd5 G¥neFal Gen8fal 50.033 50.033 50.Q33 9c411

UR8AN SYNERGY Detaifed StatemeTbl of Finanoal Ar￿￿tieS the year erKled 31 August 2021 2021 2020 IN¢oMe AND ENDOWMENT Donations and Ityacits Donations 36,930 10.092 71.770 Speckil Oonaions Gift IncoKne Reuters Lld Donaty 10.000 CAB Coniiitwlions 168,667 153.596 80.919 CLYporate sE￿50r5h￿S E-Menlorin9 IncorTr3 E-Seminar% 35.840 Mayors Ofhce Casy)ernini UKPN Catch 22 10.000 10.000 5.000 3.000 Refinitsv 38,184 533,526 109,770 Oth•r trading activities Fund fais¢n9 ever 1,114 10,000 1•.000 Other income Othet Inco Other Income ICrtdilL¥S Wrii&ba¢k) 1,289 1.054 1.289 Total incoming Te5QWCÈS 121.059 EXPENDItURE haritabk activiti•s Direcl ChantaNe Cosis Staff ¢tssi$-Wr19CS & salaries Contract Stalf Cost5 12.4251 139.33S1 197.873 114.3201 116.3211 17.4491 5.3271 14.3151 E-mentoring E-Semir¢ars UKPN Menlec Salar Ment4 Expenses Menlee CRB Checks GranlslDonath)nsJSchc4ar5hip5 1190.1131 12.4251 SUPPORT COSTS Manag•m•nt Slatf costs. w>Jes & salar￿5 StaÉl costs. soeial securiiy costs 142.1971 17.7791 149,9761 IT Ilntemet Costs IT Costs Id.4711 14,4711 Ioof 11 Thi5 page t)es lorm pwtof statuw fin*Kial stalemon¢8

URBAN SYNERGY Detailed Stalemenl ol Financial Actrvits"es Coniinued For the year ended 31 August 2021 Support Costs- Rèsourcès Support C05t5- RE¥ourres 17,103} 163,8741 17.1031 163.8741 Support cost- Opèrations Supprlcost- 0￿ra￿¢￿7$ 18,8911 16.8911 Go¥èmance costs lryjependeni Examiners fees Oiher orri¢e Costs {5.3521 (3.7011 1948 11,153 19,05¥ 12.1011 Total I¢￿￿￿£￿% xpa￿d•d 1260.7161 175.291) Net Income 274.978 45.768 11of11

URBAN SYNERGY Independent Examiners Rel￿rt to the Tfustees For the year eThYed 31 August 2021 I ret¥)rt lo Ihe Irustees M my examinatth off￿ ac¢xMM)ts of lh8 dkaritabse toffpany the y ènded 31 Augusl 2021. Responslbllllles and ￿$1S of rport As the chanty T￿st￿È5. who ère atso ij1rèc￿rt ft Ihè PWF#xes cl cornpany l. are r&sponsknk fe the preparaiion of the a￿ount5 n acevdènce wtlh tho roquw8manls ol the Com￿•eS Ad 2fkn 2006 Arfl. Havin9 sabsfiod myseLf thal ￿c￿nts c4 Cryny we ￿t refwircd lo be ￿￿JIted urvjv Part 16 01 the 2006 A¢1 and are eligi￿ lor independenl exilminalK￿. I rep(Kt in respect ol my exarrNnalion trf yow charitys awurts carwl OLrt undof soction 145 01 the Chan1￿ Aci 2011 llhe 2011 Act'l. In my examwtion I have fdlowed Iho Dirotknns given bylhechaiity Cornrnis510n UFKJei secbon 145(5Mbl of Ihe 2011 ALt. Indopendent examlners $t•t&m Sifico Ihc CharitaNe companys ryoss tr￿me exceeded t2￿.(￿)0. yow exarHner musi be a member of a LKdy hstL¥J in 5ectiotJ 145 of ihe 201 I Aci. i Ihat l am quahfd lo unthrf Ihe eAaThM¢ion by wrtuc ol my n￿MberSNp ol . vikuGh 45Orte ol the lisiod bod￿S. I havecompleled my ex•rrina￿n. I cl￿firM that￿ matters have com• tomy attenlM)n ￿ CON￿C￿On with the eXa￿ation 9iwn9 me cause to believe thal in ary rna1er￿ respect.. 1. acwjnting recrd5 wrne vby kepl in ￿SpeCt ofthe Cryany a5 ￿ by waicffi 386 Ihg 2￿6Ac1." or 2. the accounts do x¢ord ilh h)se recor(l% c 3 tho accounts do not oJnply writh Ihe retyN￿￿¢nts ofseckn 396 01 the 2CI)6 •£t ollEr Ihan ary Nuirw￿l Ihal tr JcGtsunlts 9ive a Irue fair which rs r￿1 a matter ctwdered as part ol w indep￿ent examination". or PraclKc lor dccounling drKI resxjrting by thaniies apphcable to thwities wepanng Ihwr ac(¥unts ir¢ a1x0￿$￿nce %ith Iho Finanual Reponir¥J Standard applth In UK and ReputAi¢ of kelwd IFRS 102>. I have no C¢>￿*mS anij havc come xross othv rnaiiers in Connect￿ the examinatK)n lowhith allentsfm Shoukl b• drawn ￿ this Teport in ¢JTder to entyble • prw¢r 4¥MJcfsrandthg of Ihe ts(xxpuDts to be reached. Ernm￿ueI Mensah FIrtAAT Ground Aoor West Qffice 10 Ni¢hde1S HoLbSe. River Fronl Enfi&J ENI 3TF Date: 13 May 2022 2of11