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2022-01-01-accounts

Trustees’ Annual Report for the period

From 02/01/21 Period start date To 01/01/22 Period end date

Charity name: TYP Foundation

Charity registration number: 1158962

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The Youth Project aims to reduce
poverty and promote equality in the
world through involving young people
in social action.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Over the period of time relating to this
report, our two active directors from the
UK branch were living in South Africa,
where we continued our humanitarian
efforts to help local township
communities. As a result, we did not
carry out any projects or fundraisers in
the UK. The other international TYP
branches continued work as expected.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 We have had regard for this.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 Policy on grant making

Policy on social investment
including program related
investment		 Para 1.38 We only invest in our own projects – we
make sure that 100% of all funds are
used directly on the project. Our work
involves investing both money and time
into our projects. Often, time is spent
helping various young people achieve
their goals and develop skills. In the
past, we have invested in projects run
by our team in India and in the young
participants that we recruited to be part
of the EU-funded social
entrepreneurship seminar in 2019.
Contribution made by
volunteers		 Para 1.38 The Youth Project thrives entirely on
volunteer participation. We have had
around 1,600 volunteers involved from
around the world, a few hundred of
these having been from the UK. We do
not have any paid employees.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 We feel we have made a difference in
many key aspects –
1) We have increased youth social
action significantly. We have
promoted the need to make a
difference in the world amongst
young people and pushed them
to do more. We have even
brought young people from
different countries together to
help them learn about each-
other’s cultures and differences.
2) We have made a direct impact to
numerous lives through overseas
projects like the sports ground
and our schools and also
domestic projects like homeless
drives, which we have carried out
through almost all of our different
branches.
3) We have empowered several
privileged youth in developed
countries to fundraise towards a
cause that they believe in and
given them the resources to do
so.

You may choose to include further statements where relevant about:

Additional information (optional)

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 We have a small amount of money in
our account which we shall use to fund
community projects such as homeless
drives in various countries. We shall
also invest some of this money into
fundraisers in the future for some of our
existing and new long-term overseas
projects.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 No reserves are held.
Amount of reserves held Para 1.22 £0.00
Reasons for holding zero
reserves		 Para 1.22 Our donations and funds that we
acquire from fundraising must all be
going directly to the cause of helping
people or contributing towards
fundraisers which in turn raise money
for our projects which help people as
this is the ethos of our charity. We make
sure we have sufficient funds in the
account at all times and do not attempt
pulling off projects or fundraisers that
are out of our budget’s reach.
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 For the core activity of TYP to continue
in the UK, we need to pass
responsibilities onto new young people,
either at school or university. This will
give them a sense of ownership to
maintain projects in the UK and work
towards fundraisers for existing
overseas projects and new initiatives
close to their hearts. If this does not
take place soon, the directors will no
longer be considered young people and
the purpose of the charity may start to
become unclear.

Additional information (optional)

You may choose to include further statements where relevant about:

/ The charity’s principal sources of funds (including Para 1.47 any fundraising)

Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
/
A description of the principal
risks facing the charity
Para 1.46
/
Other
/

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25		 Articles of Incorporation. We use as a
governing document.
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 We have used the same trustees since
inception – these are the people who
spearhead our operations.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 N/A
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Our structure has developed over the
past years. We now operate on an
international level with each country
having volunteer directors. The charity
is now evolving in a foundation of sort,
with the same values, but activity is
approached from a different angle.
Relationship with any
related parties		 Para 1.51 N/A
Other N/A

Reference and Administrative details

Charity name TYP Foundation
Other name the charity uses The Youth Project Foundation
Registered charity number 1158962

Charity’s principal address 13 Grange Avenue, Stanmore, Middlesex, HA7 2JA

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or body)
entitled to appoint trustee
(if any)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Eashan Thakrar
Aadil Khan
Karan Patel
Valavan
Ananthakumaras
wamy
Dylan Gokani

Corporate trustees – names of the directors at the date the report was approved

Director name Eashan Thakrar Aadil Khan Karan Patel Valavan Ananthakumaraswamy

Dylan Gokani

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Aadil Khan

Position (eg Chief Finance Officer Secretary, Chair, etc)

Date 01/11/2022

Charity Name Charity Name Charity Name Charity Name Charity Name No(if any) No(if any)
The Youth Project (TYP) Foundation 1158962
Receipts andpayments accounts
For the period
from		 Period start date To Period end date
1/2/21 1/1/22
Section A Receipts and payments
Unrestricted
funds		 Restricted funds Endowment
funds		 Total funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Internal Fundraisers - 0 - - -
Donations - 0 - - -
External Fundraisers - 0 - - -
- 0 - - -
- 0 - - -
- 0 - - -
- 0 - - -
- 0 - - -
Sub total_(Gross income for AR) _
- 0		 - - -
A2 Asset and investment sales,
(see table).
- 0 - 0 - 0 -
- 0 - 0 - 0 -
Sub total
- 0		 - 0 - 0 -
**Total receipts **
- 0		 - 0 - 0 - 0
A3 Payments
Homeless Drive Resources 314 - - 314
Entertainment Hire - - - -
Venue Hire - - - -
Building School Donation, Ahmedabad - - - -
Manav Sadhna Milk Project Pre School - - - -
Website Hosting 142 - - 142
HSBC Bank Account Admin Fees 10 - - 10
**Sub total **
465		 - - 465
A4 Asset and investment
purchases, (see table)
-0 -0 -0 -
- 0 - 0 - 0 -
**Sub total **
- 0		 - 0 - 0 -
**Totalpayments **
465		 - 0 - 0
**Net of receipts/(payments) ** -
465		 - -
A5 Transfers between funds - 0 - - -
A6 Cash funds lastyear end 1,249 - -
**Cash funds thisyear end **
784		 - -
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds		 Restricted funds
to nearest £ to nearest £
B1 Cash funds - -
- -
- -
Total cash funds 784 -

CCXX R1 accounts (SS)

25/12/2020

1

(agree balances with receipts and payments
account(s))		 (agree balances with receipts and payments
account(s))		 (agree balances with receipts and payments
account(s))		 OK OK OK OK
Unrestricted
funds		 Restricted funds
Details to nearest £ to nearest £
B2 Other monetary assets - -
- -
- -
- -
- -
- -
Details Fund to which asset
belongs		 Cost (optional)
B3 Investment assets -
-
-
-
-
Details Fund to which asset
belongs		 Cost (optional)
B4 Assets retained for the
charity’s own use		 -
-
-
-
-
-
-
-
-
Details Fund to which
liability relates		 Amount due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf
of all the trustees		 Signature Print Name
Aadil Khan

CCXX R2 accounts (SS)

25/12/2020

2

CC16a Last year to the nearest £ - 1,000 - - - - - - 1,000 - 0 - 0 - 0 1,000 - - - - - 85 - 85 - 0 - 0 - 0 85 915 - 334 1,249 Endowment funds to nearest £ - - - -

CCXX R3 accounts (SS)

25/12/2020

3

OK Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional)

Date of approval

11/1/22

CCXX R4 accounts (SS)

25/12/2020

4