## **Westward Inner-City Sport & Education (WISE) Youth Trust**
**Trustees' Report and Accounts**
**For the year ended 31 December 2020**
**Charity Number: 1140869**
## **Westward Inner-City Sport & Education (WISE) Youth Trust Trustees' Report and Accounts**
## **Contents**
||**Page**|
|---|---|
|Officers and Financial Advisors|3|
|Trustees' Report|4 - 8|
|Independent Examiners Report|9|
|Statement of Financial Activities|10|
|Balance sheet|11|
|Notes to the accounts|12 - 14|
2
## **Westward Inner-City Sport & Education (WISE) Youth Trust**
## **Officers and Financial Advisors**
|Chairperson|Dr A Afilaka|
|---|---|
|Secretary|Mr A Abayomi|
|Management Committee|Dr A Afilaka (Chair)|
||Mr A Abayomi (Secretary)|
||Mr Abdul Monnan (Treasurer)|
||Mohammed Ali (Member)|
||Richard Mitchell (Member)|
||Mark Francis (Member)|
||Edwin Mensah(Member)|
||Samson Ogundehinde (Member)|
||Nadine Peters (Member)|
||Clair Peacock (Member)|
|Charity No.|1140869|
|Registered Office|Minerva Community Centre|
||10 Minerva St|
||London|
||E2 9EH|
|Accountants|MMK Accountants Ltd|
||Chartered Certified Accountants|
||37th Floor|
||One Canada Square|
||Canary Wharf|
||E14 5DY|
|Bankers|TSB Bank|
3
## **Westward Inner-City Sport & Education (WISE) Youth Trust Trustees Report For the year ended 31 December 2020**
## **TRUSTEES REPORT**
The trustees are pleased to present their report together with the financial statements of the Charity for the year ending 31st December 2020.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the applicable law and the requirements of the Statement of Recommended Practice, " Accounting and Reporting by Charities" issued in March 2005.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Documents**
The Charity's objects and regulations are regulated by the constitution and the Charities Commission and the Charity is an unincorporated association.The organisation registered as a charity on 23 March 2011.
## **Appointment of Trustees**
Under the requirements of the Charity law the members of Charity Trustees consists of at least three and not more than fifteen.
## **Trustee Induction or Training**
The Trustees maintain a working knowledge of charity and company law and are kept up to date with the operations of the
charity through board meetings held annually.
## **Related Parties**
During the year 2020 £7,200 was paid to Mr. A Abayomi for his work done in managing Westward Boys FC. Mr. A Abayomi is also a trustee of the organisation.
## **Risk Management**
The Trustees have identified the major risks to which the Charity is exposed and believe that the systems in place are adequate to mitigate those risks. The charity makes little use of financial instruments other than an operational bank account and so its exposure to price risk, credit risk, liquidity risk is not material for the assessment of the assets, liabilities, financial position and profit or loss of the charity.
## **Public Benefit Statement**
The Trustees consider that they have complied with Section 17 of the Charities Act 2011 with regard to the guidance on public benefit published by Charity Commission. The paragraphs below demonstrate the public benefit arising through the Charity’s activities.
## **Review of Transactions and Financial Position:**
The statement of financial activities showed a net profit for the year of £6,319 (2019 surplus £19,136) and total reserves stands at £39,965. (2019 reserves £33,645).
4
## **OBJECTIVES AND ACTIVITIES**
WISE Youth Trust is a Charity designed to provide a bespoke developmental service with the youth in mind. Since 1985, the concept has provided an avenue for young people to get involved with diverse projects that will enable them develop and harness a range of transferable and practical life skills.
The aims of the WISE Youth Programs are to:
- Break down barriers to community participation and integration
- Promote community safety and social inclusion
- Raise student’s aspirations academically and for future career ambitions
- Enrich young people's social and cultural capital
- Support commitment at higher levels of personal career development
WISE Youth Trust has just completed its ninth full year of operation as a registered Charity and in addition to the running of the youth and adult football teams that constitute Westward Boys and Tower Hamlets Football Clubs respectively, we have managed to successfully deliver a number of projects covering Sports development, Social Inclusion, Community Safety, Community Cohesion, Enterprise and Employment Training.
The Projects delivered are listed below:
- No Knives Outreach Work
- Employment & Enterprise (Level 1&2 Qualifications, with complimentary development activities – CV writing, interview techniques, job search and work experience)
- Enterprise Training -T-Shirt Design & Print (writing a business plan, money matters, starting a business, online marketing & product branding)
- Intensive half term holiday projects
- Sports Academy (development and competitive opportunities)
## **Activities & Future Plans**
DELIVERED ACTIVITIES AND FUTURE PLANS
1. Community Development Programme
## _Youth & Community Work_
In this fiscal year, with ongoing funding from the BBC Children in Need for the roles of a male and a female Detached Youth Workers, we were able to support the delivery of our community projects through outreach work in known hot spots in Tower Hamlets and Hackney and One-to-One Mentoring supported by peer mentors. Throughout the lockdown, our youth workers delivered a blended support service to young people supporting their emotional and mental well-being and signposting them to additional community support services.
5
## 2. Vocational, Employment & Enterprise Training programme
## _Employability_
In this fiscal year, with grant funding from the ESF, London Councils and Tower Hamlets Council, we delivered rounds 2 & 3 of our signature employability programme “Pathway 2 Work” to equip those aged 18 and over who are long term unemployed or economically inactive with the personal and occupational skills they need to access and compete effectively in the labour market.
On this programme we offer intensive training and aftercare support for Londoners in particular those from BAME community groups aged 18 years old and over who are either marginalised by the labour market or facing barriers which make this transition difficult. Throughout the lockdown, we delivered the programme remotely with 60 candidates gaining a level 2-3 qualification. The programme will continue in fiscal year 2021 following emergency grant award by the Paddington Development Trust to get recently unemployed Londoners into work due to the impact of COVID19 pandemic, with millions of job losses in London. The East End Community Foundation (EECF) also provided a small grant award to support digital literacy for candidates on the employability programme.
## _Enterprise_
Our Enterprise Hub opened for business in November 2020. The enterprise hub delivers courses and activities that are fun creative and are designed for young people who love arts, design, and business. The project is designed to address the lack of employment opportunity in the creative industries for at risk young people who are aged 16 -25 years old, and those employed in the service sectors who lost their jobs during the pandemic, by offering the training and production space required to set up a business.
At the hub, training officers work with young people on original concept and design to display on T-shirts, hoodies, baseball caps, face mask, mugs, and water bottles etc making shop quality fashion brands to market on our online platform, which enable them to develop a successful business model for sustainable self-employment. Those aged 12-15 are also offered opportunities to explore the street fashion industry through our introductory series during half term holidays. This element of the programme will be expanded in fiscal year 2021.
## 3. Sport Development
Our sports development programme was interrupted by the COVID-19 Pandemic, thus many of our initiatives were delivered remotely and were government guidelines permitted, we were able to deliver face-to-face sessions with participants.
## _Intensive Holiday Programme_
This year we delivered our whole day fun, engaging, learning and engagement activities for children and young people aged 6-13 years old during the holidays to develop new skills, bridge the attainment gap, prevent social isolation, and holiday hunger. We achieved this with funding from Tower Hamlets Council for its Holiday Activities & Feeding (HAF) programme in partnership with Street Games, and the TNL Covid response fund. We provided four hours of physical and enrichment activities and free hot meals for approximately 130 children over the summer, and half term holidays.
6
## _Youth Football & Academy Programme_
Westward Youth FC The club successfully recruited ten youth teams into the Echo Junior league for the season. Unfortunately, the completion of the season was affected due to the covid -19 pandemic, and all league games were voided. However, participants were engaged remotely throughout the lockdown being provided with fitness training guidelines and information they could perform at home with their families. Some football activities were allowed to continue following government guidelines during the summer holidays.
Our planned introduction of the Mayors Cup competition has now been reviewed and will now be known as the Tower Hamlets & Hackney Youth Cup. The scheduled start in September 2020 has now been suspended until further notice due to uncertainties with regards to the COVID19 Pandemic. The plan remains an annual term time and holiday competition to select a Tower Hamlets & Hackney representative team for opportunities to compete against other boroughs in London and also to go on Player Development Football Tours in the UK and in Europe. It will also represent an opportunity for young budding players to be recruited into our partnership clubs at both semi and professional clubs to continue their football development.
## _Senior Football_
Our partnership with Tower Hamlets FC and Dynamic Sports continue to develop and provide exit opportunities for our members to continue to play football at a competitive level post 16 in the Eastern Junior Alliance Youth League with a pathway into men’s football when they reach age 18. This gives the players the chance to compete against other teams in the regional and semi-professional leagues.
## _Coach Education programme_
This fiscal year, two (2) ex youth players successfully completed their FA Level 1 coaching course and are now employed as sessional coaches with the football club. As a result of the lockdown, the five coaches who were scheduled to complete their FA level 2 and youth modules were unable to. They are now scheduled to start the course in fiscal year 2022.
Our application for accreditation as a Charter Standard Community Club is currently under consideration by the FA. The delay has also been attributed to the COVID-19 Pandemic, and the new requirement that all players and parents be reregistered on the Whole Game System
## 4. Horizon’s Programme
We launched and delivered our first international project in Nigeria and Sierra Leone in this fiscal year. Working with local community groups and community leaders, we delivered COVID-19 awareness, information and guidance, hand sanitizers, face masks, and food palliatives to 500 people in the community of Makoko, Lagos Nigeria and in the Freetown townships of Sierra Leone. The beneficiaries were those who lived in the slums and shanty towns of the capital cities with no recourse to government support.
Due to financial pressures, as well as the COVID-19 Pandemic, we were unable to launch the youth Exchange programme in fiscal year 2020. The benefits for participants include gaining an insight into life that lacks the benefits of a government supported system such as that experienced in this country. It is expected that participants will return with a greater appreciation of what is available here and therefore make the most of the opportunities.
However, the programme remains a priority within our strategy 2018 – 2022 and we will continue to develop the platform to launch programme. This is designed to broaden the horizons of young people by giving them the opportunity to travel and integrate with their peers and counterparts from other countries/cultures in Europe and in developing countries.
7
The pilot phase of the programme was a vocational education, sports, and wellbeing programme with disadvantaged children and communities in Africa launched in fiscal year 2018, when the Trust donated several football kits to youth groups in Nigeria and Sierra Leone.
## **6. Trustees’ responsibilities in relation to the financial statements**
Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each financial year which gives a true and fair view of the state of affairs of the charity at the end of the financial year and of the incoming resources in the year. In preparing the statement the trustees are required to:
- Select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the statements of accounts;
- Prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the charity will continue its operations.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity at that time and to enable the trustees to ensure that any statement of account prepared by them complies with the regulations under section 130 of the Charities Act 2011. They are also responsible for safeguarding the assets of the trust and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **APPROVAL**
This report was approved by the Board and signed on its behalf by:
Dr A. Afilaka
Chair Person
Date: 12 October 2021
8
**Independent examiner’s report to the trustees of Westward Inner-City Sport & Education (WISE) Youth Trust**
## **For the year ended 31 December 2020**
I report on the accounts of the company for the year ended 31 December 2020, which are set out on pages 12 to 14.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under
- section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention apart from the above
1. which gives me reasonable cause to believe that in, any material respect, the requirements: -to keep accounting records in accordance with section 130 of the Charities Act; and
- -to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
- have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Misbahul Karim FCCA MMK Chartered Certified Accountants 37th Floor One Canada Square Canary Wharf London E14 5DY Date: 12 October 2021
9
## **Westward Inner-City Sport & Education (WISE) Youth Trust Statement of Financial Activities For the year ended 31 December 2020**
|Notes
**Incoming Resources**
Grants & Donations
2
Total Incoming Resources
**Resources Expended**
Charitable activities
3
Governance cost
4
Total Resources Expended
Net incoming/(outgoing resources)
**Reconciliation of Funds:**
Total funds, brought forward
Total funds, carried forward||Unrestricted
Funds
£
28,891
28,891
28,891
-
28,891
-
-
-|Restricted
Funds
£
153,552
153,552
145,072
2,160
147,232
6,320
33,645
39,965||**2020**
£
182,443
182,443
173,963
2,160
176,123
6,320
33,645
39,965||**2019**
£
147,980|
|---|---|---|---|---|---|---|---|
||||||||147,980|
||||||||126,684
2,160|
||||||||128,844|
||||||||19,136
14,509|
||||||||33,645|
The notes on pages 12 to 14 form part of these accounts.
10
## **Westward Inner-City Sport & Education (WISE) Youth Trust**
## **Balance Sheet As At 31 December 2020**
|**Fixed Asset**
**Notes**
Tangible Assets
6
**Current Assets**
Cash in hand and at Bank
**Creditors**
**Amounts falling due within one year**
5
**Net Current Assets**
**The Funds of the Charity**
Unrestricted funds
Restricted funds|£
42,653
42,653
8,463|£
42,653
42,653
8,463|**2020**
£
5,775
39,965
39,965
-
39,965
39,965|£
33,755
33,756
7,329|£
33,755
33,756
7,329|**2019**
£
7,218
33,645|
|---|---|---|---|---|---|---|
||
42,653
8,463||||||
||||||||
|||||||33,645|
|||||||-
33,645|
|||||||
33,645|
These accounts were approved by the Trustees on 30 June 2021 and were signed on its behalf by:
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**----- End of picture text -----**
The notes on pages 12 to 14 form part of these accounts.
11
**Westward Inner-City Sport & Education (WISE) Youth Trust Notes to the Accounts For the year ended 31 December 2020**
## **1. Accounting Policies**
## **1.1 Basis of Accounting**
The financial statements have been prepared under the historical cost convention and in accordance with the applicable Accounting Standards , the Statement of Recommended Practice “Accounting and Reporting by Charities” published in March 2005 . The principal accounting policies adopted in the preparation of the financial statements are set out below.
## **1.2 Incoming Resources**
Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors’ conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.
## **1.3 Resources Expended**
Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.
Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.
## **1.4 Going Concern Basis**
The financial statements have been prepared on the going concern basis, as in the opinion of the director and trustees, there are no issues arising which would suggest any other basis as being more appropriate.
## **1.5 Depreciation**
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
## **2. Grants and Donations**
|East End Community Foundation
London Borough Of Tower Hamlets
BBC Children in Needs
Covid-19 Response Fund
Groundwork
The London Community
London Council Grant
ESC Lottery Fund
CanaryWharf Group
Street Games
Paddington Development
Westward Boys FC-Membership|**Unrestricted**
**£**
-
-
-
-
-
-
-
-
-
-
-
28,891
28,891||**Restricted**
**£**
10,500
11,250
36,000
10,000
-
31,816
8,000
2,520
-
3,500
39,966
-
153,552||**2020**
10,500
11,250
36,000
10,000
-
31,816
8,000
2,520
-
3,500
39,966
28,891
182,443||**2019**
2,500
1,100
34,000
-
1,000
44,661
23,724
-
3,400
13,700
-
23,895
147,980|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
12
**Westward Inner-City Sport & Education (WISE) Youth Trust Notes to the Accounts For the year ended 31 December 2020**
|**3. Cost of Charitable activities**
Cost directly allocated to activities:
Events & Activities
Bank Charges
Pensions
Office Rent
Insurance
Subscriptions
Repairs and Maintenance
Stationery and Printing & Postage
Telephone and Internet
Legal cost
Travel and Subsistence
Sports Activities & Football Training
Wages and Salaries
Depreciation||**2020**
**£**
79,317
3
613
14,480
1,775
181
643
530
613
65
1,954
13,434
58,912
1,444
173,964||**2019**
**£**
67,375
-
354
1,478
181
1,284
741
607
-
1,829
21,068
29,962
1,805
126,684|
|---|---|---|---|---|
||||||
|**4. Governance Cost**
Accountancy fee
**5. Creditors: amounts falling due within one year**
Accountancy
Net Wages
Pension
PAYE & NI||**2020**
£
2,160
2,160
**2020**
£
2,160
906
127
5,270
8,463||**2019**
£
2,160
2,160
**2019**
£
2,160
1,770
174
3,225
7,329|
|---|---|---|---|---|
||||||
||||||
||||||
13
## **Westward Inner-City Sport & Education (WISE) Youth Trust Notes to the Accounts For the year ended 31 December 2020**
## **6. Tangible fixed assets**
||||
|---|---|---|
|**6. Tangible fixed assets**
Cost
At 1 January 2020
Additions
At 31 December 2020
**Depreciation**
At 1 January 2020
Charge for the year
At 31 December 2020
**Net book value**
At 31 December 2020
At 31 December 2019|**Motor**
**Vehicle**
**etc**
**£**
18,523
-
18,523
11,305
1,443
12,748
5,775
7,218|**Total**
**£**
18,523
-|
|||18,523|
|||11,305
1,443|
|||12,748|
|||5,775|
|||7,218|
14