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2023-12-31-accounts

Charity number: 1164468

THE LVE CHARITABLE FOUNDATION

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

THE LVE CHARITABLE FOUNDATION

CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 4
Independent examiner's report 5 - 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 20
Trustees' Annual Report of activities Appendix A

Page 1

THE LVE CHARITABLE FOUNDATION

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees

Michael Polledri MBE, Chair Jon Michael Polledri, Trustee Karen Bellamy, Trustee Gary Walker, Trustee

Charity registered number 1164468 Principal office Legacy Business Centre 2a Ruckholt Road Leyton London E10 5NP

Page 2

THE LVE CHARITABLE FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their annual report together with the financial statements of the The LVE Charitable Foundation for the year ended 31 December 2023.

Objectives and activities

a. Policies and objectives

To act as a resource for young people aged 16 to 28 living in North London and the Lee Valley Corridor by providing advice and assistance and organising programmes of physical education and other activities as a means of:

a) Advancing in life and helping young people by developing their skills, capacities and capablitilies to enable them to participate in society as independent, mature and responsible individuals.

b) Advancing education

c) Relieving unemployment

Providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

In its eigth year of activity the Trust has provided an even wider range of activities, opportunities, projects and services as set out in detail in the Annual Report of Activities.

Achievements and performance

a. Main achievements of the Charity

The main achievements of the charity and the difference it has made to the circumstances of its beneficiaries and society as a whole are set out in the attached Annual Report of Activities.

Page 3

THE LVE CHARITABLE FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Financial review

During the year the charity raised income of £380,556 as well as received and recognised grant income from the Mayors Office Police Fund of £40,235. After expenditure of £424,550, the total funds position still provides a stable working platform on which to build future activities.

a.Going concern

The Trustees have a reasonable expectation that the charity has adequate resources to continue operating for the foreseeable future.

b.Reserves policy

The charity aims to hold reserves to cover 3 months of its operating expenses. At the year end the charity had a total funds surplus of £75,218 and anticipates consolidating this position in line with its policy in 2025 and 2026.

Structure, governance and management

a.Constitution

The LVE Charitable Foundation is a registered charity, number 1164468, and is constituted under a Memorandum of Association.

The charity is constituted as a charitable trust. The governing document is a trust deed dated 5 May 2015.

The principal address of the charity is Legacy Business Centre, 2A Ruckholt Road, Leyton, London, E10 5NP.

b.Methods of appointment or election of Trustees

The Trustees are appointed by the Trust Board.

c.Organisational structure and decision-making policies

Michael Polledri MBE - Chair Jon Michael Polledri - Trustee Karen Bellamy - Trustee & CEO Gary Walker - Trustee

Page 4

THE LVE CHARITABLE FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Memorandum of Association. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Michael Polledri MBE

Chair

Date: 24 March 2025

Page 5

THE LVE CHARITABLE FOUNDATION

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Independent Examiner's Report to the Trustees of The LVE Charitable Foundation ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2023.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the Charities Act or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Page 6

THE LVE CHARITABLE FOUNDATION

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed:

Dated:

24 March 2025

Alan C. Ray FCA

FSP (UK) Limited Chartered Accountants 87 Firs Park Avenue Winchmore Hill London N21 2PU

Page 7

THE LVE CHARITABLE FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Note
Income from:
Donations and legacies:
Other donations and legacies
3
Other trading activities:
Charitable activities
4
Total income
Expenditure on:
Charitable activities:
Other charitable activities
5
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
£
£
£
£
40,235
121,765
162,000
132,251
-
258,791
258,791
229,740
40,235
380,556
420,791
361,991
33,910
390,640
424,550
333,258
33,910
390,640
424,550
333,258
6,325
(10,084)
(3,759)
28,733
29,070
49,907
78,977
50,244
6,325
(10,084)
(3,759)
28,733
35,395
39,823
75,218
78,977

The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 to 20 form part of these financial statements.

Page 8

THE LVE CHARITABLE FOUNDATION

BALANCE SHEET AS AT 31 DECEMBER 2023

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one year
12
Net current assets / liabilites
Total assets less current liabilities
Creditors: amounts falling due after more than
one year
13
Total net assets
Charity funds
Restricted funds
14
Unrestricted funds
14
Total funds		 51,415
93,007		 2023
18,325
86,907		 19,062
172,053		 2022
21,160
98,800
144,422
(57,515)		 191,115
(92,315)
105,232
(30,014)		 119,960
(40,983)
75,218 78,977
35,395
39,823		 29,070
49,907
75,218 78,977

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Michael Polledri MBE Chair Date: 24 March 2025

The notes on pages 9 to 20 form part of these financial statements.

Page 9

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1.General information

The LVE Charitable Foundation is a registered charity, number 1164468, and is constituted under a Memorandum of Association.

The charity is constituted as a charitable trust. The governing document is a trust deed dated 5 May 2015.

The principal address of the charity is Legacy Business Centre, 2A Ruckholt Road, Leyton, London, E10 5NP.

2.Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The LVE Charitable Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

After making appropriate enquiries, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Page 10

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Accounting policies (continued)

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £200 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Page 11

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Accounting policies (continued)

2.6 Tangible fixed assets and depreciation (continued)

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Plant and machinery - 20% reducing balance Fixtures and fittings - 20% reducing balance

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 12

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

3. Income from donations and legacies

3. Income from donations and legacies
Donations
Donated goods, facilities and services
Total 2023
Donations
Donated goods, facilities and services
Total 2022		 Restricted
funds
2023
Unrestricted
funds
2023
Total
funds
2023
£
£
£
40,235
31,365
71,600
-
90,400
90,400
40,235
121,765
162,000
Restricted
funds
2022
Unrestricted
funds
2022
Total
funds
2022
£
£
£
3,765
34,136
37,901
-
94,350
94,350
3,765
128,486
132,251

Page 13

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

4. Income from other trading activities

Income from non charitable trading activities

Rental income
Rental income		 Unrestricted
funds
2023
Total
funds
2023
£
£
258,791
258,791
Unrestricted
funds
2022
Total
funds
2022
£
£
229,740
229,740

5. Analysis of expenditure on charitable activities

Summary by fund type

Other charitable activities
Administrative, management and consultancy fees
Grants and donations
Total 2023		 Restricted
funds
2023
Unrestricted
funds
2023
Total
funds
2023
£
£
£
15,252
90,405
105,657
18,658
188,604
207,262
-
111,631
111,631
33,910
390,640
424,550

Page 14

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

5. Analysis of expenditure on charitable activities (continued)

Summary by fund type (continued)

Other charitable activities
Administrative, management and consultancy fees
Grants and donations
Total 2022		 Restricted
funds
2022
Unrestricted
funds
2022
Total
funds
2022
£
£
£
-
91,273
91,273
1,965
131,988
133,953
-
108,032
108,032
1,965
331,293
333,258

6. Analysis of expenditure by activities

Other charitable activities
Administrative, management and consultancy fees
Grants and donations
Total 2023
Other charitable activities
Administrative, management and consultancy fees
Grants and donations
Total 2022		 Support
Total
costs
funds
2023
2023
£
£
105,657
105,657
207,262
207,262
111,631
111,631
424,550
424,550
Support
Total
costs
funds
2022
2022
£
£
91,273
91,273
133,953
133,953
108,032
108,032
333,258
333,258

Page 15

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

7. Analysis of grants paid

Leaders Academy - Enabling performing arts
Engine Room - Community centre support
Other
Total 2023
Leaders Academy - Enabling performing arts
Engine Room - Community centre support
Highham Hill CIO - Community centre support
Outward Bound Trust - Challenging outdoor pursuits
Other
Total 2022		 Grants to
institutions
2023
Total funds
2023
£
£
28,150
28,150
3,315
3,315
4,766
4,766
36,231
36,231
Grants to
institutions
2022
Total funds
2022
£
£
12,000
12,000
8,847
8,847
5,000
5,000
1,000
1,000
1,835
1,835
28,682
28,682

8. Independent examiner's remuneration

The Independent Examiner's remuneration, including support preparing the accounts and understanding the Independent Examination amounts to £NIL (2022 £NIL) .

9. Trustees' remuneration and expenses

During the year, the charity incurred costs for the services of Trustees of £36,000 ( 2022 - £27,975 ). No Trustee expenses were incurred ( 2022 - Nil ).

Page 16

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

10. Tangible fixed assets

Tangible fixed assets
Cost
At 1 January 2023
Additions
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022
11
Debtors
Due within one year
Trade debtors
Prepayments and accrued income		 Plant and
machinery
£
41,179
1,747		 Fixtures and
fittings
Total
£
£
3,182
44,361
-
1,747
42,926 3,182
46,108
22,201
4,145		 1,001
23,202
436
4,581
26,346 1,437
27,783
16,580 1,745
18,325
18,978 2,181
21,159
2023
2022
£
£
15,204
11,599
36,211
7,463
51,415
19,062

Page 17

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

12. Creditors: Amounts falling due within one year

Bank loans
Trade creditors
Accruals and deferred income		 2023
2022
£
£
2,500
2,500
4,658
3,036
50,357
86,780
57,515
92,316

Deferred income relates primarily to refundable lettings deposits and amounts invoiced during the year for events taking place in future periods.

13. Creditors: Amounts falling due after more than one year

2023 2022
£ £
Bank loans 30,014 40,983

The loan is unsecured and for the first 12 months interest was subsidised by the UK government, after which the interest rate is 2.5% per annum. The loan is repayable by September 2026.

Page 18

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

14. Statement of funds

Statement of funds - current year

t of funds - current year
Unrestricted funds
General Fund
Restricted funds
Don't Get Court
Arts Council funding
Mayors office - Police budget
Total of funds		 Balance at 1
January
2023
Income
Expenditure
Balance at 31
December
2023
£
£
£
£
49,907
380,556
(390,640)
39,823
11,174
-
(4,000)
7,174
16,096
-
-
16,096
1,800
40,235
(29,910)
12,125
29,070
40,235
(33,910)
35,395
78,977
420,791
(424,550)
75,218

Page 19

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

14. Statement of funds (continued)

Statement of funds - prior year

Statement of funds - prior year
Unrestricted funds
General Fund
Restricted funds
Don't Get Court
Arts Council funding
Total Restricted funds
Total of funds		 Balance at 1
January
2022
Income
Expenditure
Balance at 31
December
2022
£
£
£
£
22,975
358,226
(331,293)
49,908
11,174 - -
11,174
16,096
168,632
(152,536)
32,192
27,270
168,632
(152,536)
43,366
50,245
526,858
(483,829)
93,274

15. Summary of funds

Summary of funds - current year

General funds
Restricted funds
ummary of funds - prior year
General funds
Restricted funds		 Balance at
Balance at
1 January
1 December
2023
Income
Expenditure
2023
£
£
£
£
49,907
380,556
(390,640)
39,823
29,070
40,235
(33,910)
35,395
78,977
420,791
(424,549)
75,218
Balance at
1 January
2022
Income
Expenditure
Balance at 31
December
2022
£
£
£
£
22,975
358,226
(331,294)
49,907
27,270
3,765
(1,965)
29,070
50,245
361,991
(333,259)
78,977

Summary of funds - prior year

Page 20

THE LVE CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

16. Analysis of net assets between funds

Analysis of net assets between funds - current period

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total
Analysis of net assets between funds - prior period		 Restricted
funds
2023
Unestricted
funds
2023
Total
funds
2023
£
£
£
-
18,325
18,325
35,395
109,027
144,422
-
(57,515)
(57,515)
-
(30,014)
(30,014)
35,395
39,823
75,218
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Restricted
Unrestricted
Total
funds
funds
funds
2022
2022
2022
£
£
£
-
21,160
21,160
30,870
160,245
191,115
-
(92,315)
(92,315)
-
(40,983)
(40,983)
30,870
48,107
78,977

CEO’s Report – March 2024

Mission Statement

“To work with young people from North London and the Lee Valley Corridor to help them to achieve above and beyond society’s expectations of them in terms of work, leisure, and their community.”

The Foundation has been created with a view to improving the lives of young people. Founded by Michael Polledri MBE, Chairman of Lee Valley Estates, the focus will be on the geographical area in which Lee Valley Estates have operated since 1990.

Our aim is to identify and assist young people who, for whatever reason, cannot find the full support they require to help them attain their goals. The support available can take many forms e.g. financial, training, mentoring, work placement, etc., and will be designed to fit everyone’s needs. We believe in being flexible.

Summary:

The LVE Charitable Foundation

Suite 312, The Legacy Business Centre, 2A Ruckholt Road, Leyton, London, E10 5NP

Tel: 020 8558 1445 | Email: info@lvefoundation.org.uk | Web: www.lvefoundation.org.uk Registered Charity No. 1164468

Page 2 of 23

Hosted Black History Month Celebration

Leaders Community.

Leaders is one of our oldest beneficiaries We have worked with for seven years. They see 140 young people a week from the ages of 7- 18.

They are so much more then a street dance school. They teach real life skills from first-aid, training, safeguarding and leadership skills.

We are very proud to continue support of this fabulous organisation.

Establishing partnerships and collaborations with grant giving organisations enables Leaders Community to amplify the delivery of our program by offering free taster dance sessions into schools delivering dance to over 2200 children and young people in the last year alone.

Contributing to the educational advancement of over 170 children and young people every week by providing in-house tutoring of nationally recognised AQA leadership qualifications using Dance as the topic in our after-school programs that enhances learning opportunities for children and young people, empowering them to take control of their own wellbeing and development.

This is followed by all participants being mentored by our Dance Instructors on how to lead dance sessions in a community setting by providing them with training and practical demonstrations so that they can lead under the tutelage of our instructors.

Every child should have the chance to pursue their passions and interests, regardless of their socio-economic background. Bridging

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the gap between grass roots level dance and industry level dance has, in summary, enabled Leaders Community to provide our disadvantaged children with equal opportunities so that they have the opportunity to showcase their skills and be inspired by professionals so that they can envision a future in dance as a realistic and attainable goal. It broadens their horizons and shows them that their passion could lead to a viable career path.

This last year we have been nominated and are proud recipients of some very meaningful awards which has helped to increase our visibility, our credibility and trust, our advocacy and influence enabling us to amplify our organisations voice so we can reach many more children and young people. This external validation for our group's hard work and contributions to the community has boosted the group's morale and reinforced our sense of purpose during truly challenging times.

February 2024:

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 Over 13's Dance - 1st place

Since participating in this event for the last 7 years we have placed 1st every year.

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Our youngest leader:

COG (Community Outdoor Group)

We have helped to fund COG for the last six years. This financial and in-kind support from our CEO to their Directors.

They work with 150 young people each week from 3 through to 21.

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They build confidence by teaching young people to cycle, to

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maintain their bikes and if they can’t afford a bike they will lend you a one.

And they offer to teach you to build a bike.

They are the first in this borough to take a team to the London Youth Games and come back with medals.

This is especially important as the winners were young females that had not placed before.

They teach lots of others skills apart from cycling including life skills and resilience.

Pinpoint

Work in PRU’s (Pupil Referral Units.) Pinpoint was the first beneficiary of support both in-kind and financial from the charity.

They still regularly get funding from us after eight years of working with them, but probably more importantly they get regular mentoring support from our CEO. This is almost weekly and it sometimes spans a long project or complex issue.

They do amazing work with young people that are finding life a bit of a challenge.

We are delighted to continue to support our fledgling beneficiary

London College of Fashion. University Of Arts

We have been working for a year with 70 students that are studying for their Masters degree.

We have brought together the MA students with some of the young people that we work with on a project to design and develop items to sell at auction for the charity.

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There are four winning teams. Each team will get a prize of £600 as a gesture to show how much we appreciate their time and effort.

The project has been very interesting for us and for the university as it has brought together mainly overseas students with local young people that mainly haven’t been to university to work together,

This gave insight to the overseas students who are in the main from wealthy families for them to see how some of the young people live and what their opportunities are.

It’s also given young people, an insight into what it’s like to go to university and to meet different people from very different backgrounds.

We have an award ceremony in the next few weeks and I will be bringing a group of young people for a tour of the new campus which has only just opened.

We are working with the university to continue our partnership into the foreseeable future.

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: LVE brings Christmas Cheer

LVE delivered lots of presents for the Lloyd Park Children Centre, including a large karaoke machine to be used in the centre. We’re not sure how pleased the staff will be.

We are working with the university to continue our partnership into the foreseeable future.

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Karen says "LVE were absolutely delighted to be part of this special event.

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Especially with so many families facing such challenges at this time of year.

Well done to all involved and happy Christmas to all from the LVE Team"

LVE Charitable Foundation's CEO, Karen Bellamy generously donated £650 to cover the cost of a luxury coach for families to travel to our Christmas meal event!

This donation has allowed us to use 100% of funds raised during our campaign to support families in need of the festive period.

This is really amazing, thank you so much Karen!

#LVEFoundation #WalthamForest #TLPCC #ChristmasWalthamForest

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New Scotland Yard MetPol Comms Meeting – Speaking Truth to Power

On September 27, 2023, the LVE Charitable Foundation participated in a communications department meeting at New Scotland Yard, attended by community members, the communications team, and Chief Superintendent Jeff Boothe, head of the 'London Race Action Plan'. This event offered a platform for discussing how the communications department could better connect with younger demographics. It was an opportunity for community board members to express their perspectives and suggestions for improvement. The foundation expressed gratitude to New Scotland Yard for this valuable learning opportunity.

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LVE Charitable Foundation takes part in Leytonstone Church Festival

The LVE Charitable Foundation participated in the Leytonstone Community Festival on September 2, 2023. This event showcased the community's offerings, including live music and hair braiding stalls, highlighting the diversity and vibrancy of Leytonstone. The foundation extended its gratitude to the festival organizers and the public for the engagement opportunity. The festival also served as a platform to communicate the various roles within the Metropolitan Police and to recruit more female and ethnic minority candidates into the police service through Project Recruit.

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Inner-City World Cup 2023

The LVE Charitable Foundation was a proud participant and part-sponsor of the Inner-City World Cup 2023, held on Wanstead Flats. This remarkable two-day event featured 48 teams representing 48 countries, embodying the UK's multicultural essence. Celebrating its 29th year, the tournament attracted thousands, showcasing unity and diversity through football. The foundation commends the event's organizer, Mark Abery, for his dedication to community and looks forward to further collaborations to support Project Recruit and broader community engagement efforts.

Trooping the Colour – 2023

The LVE Charitable Foundation organized an enriching experience for around 30 young people and their families on June 3, 2023, by taking them to the Major General’s Review at Horseguards Parade. This event aimed to provide youth from less affluent backgrounds with exposure to cultural and historical traditions associated with Trooping the Colour, thereby broadening their horizons and understanding of the UK's diverse communities. The foundation highlighted the importance of such opportunities in fostering a comprehensive world view among young people.

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Stress-free Exams

The LVE Charitable Foundation has initiated a pilot project aimed at reducing exam stress through meditation, relaxation techniques like reflexology and sound baths, and providing coping strategies. This initiative has received positive feedback, and there are plans to repeat the project later in the year, highlighting the foundation's commitment to supporting individuals during stressful periods.

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Project Recruit at Leyton Sixth Form College

On March 14, 2023, the LVE Charitable Foundation attended the Careers Fair at Leyton Sixth Form College as part of Project Recruit, in collaboration with the Metropolitan Police. The foundation engaged with many young people interested in careers within the Metropolitan Police, discussing the various opportunities available. The visit was part of the foundation's efforts to recruit more diverse candidates into the police force, and they extended thanks to Leyton Sixth Form College for their hospitality and the opportunity to connect with potential recruits.

Continuing to Aim High – ATPL Groundschool Journey

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Luke Willmoth shares his journey in becoming a pilot, supported by the LVE Charitable Foundation. His latest update covers the intensive ATPL Groundschool phase at CAE Training & Services, involving 750 hours of classroom instruction and 14 exams. Luke has completed 9 exams and will finish the remaining ones in April. This rigorous training prepares him for 9 months of flight training in Arizona, aiming for an Airbus A320 pilot qualification with easyJet by Easter 2024.

International Women's Day 2023

The LVE Charitable Foundation sponsored and celebrated International Women's Day on March 8, 2023, at The Great Hall, Leyton. The event underscored the foundation's commitment to women's rights and equality. CEO Karen Bellamy was honored to speak, emphasizing the foundation's support for empowering women. The event, praised by participants and partners like Solace, highlighted the foundation's ongoing efforts to provide platforms for meaningful discussions and actions toward gender equality.

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Met Police Community Outreach Event

The LVE Charitable Foundation participated in a Metropolitan Police community outreach event on February 17, 2023, at the Olympic Park, as part of Project Recruit. This event showcased the diversity of careers within the Metropolitan Police, featuring Mounted Officers, Dog Handlers, Territorial Support Officers, and more. The event aimed to attract individuals from underrepresented communities to consider careers within the Metropolitan Police, highlighting the variety of roles and the support for career progression within the force.

Project Recruit – Videos

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The LVE Charitable Foundation, commissioned by the Mayor of London's Community Outreach Fund and in partnership with the Metropolitan Police, has launched Project Recruit to recruit more black, ethnic minority, and female officers, ensuring the Metropolitan Police is more representative of the community it serves. A selection of videos is available to provide insights into life during and after Metropolitan Police training, highlighting various roles and community impacts.

Project Recruit at the Engine Room

The LVE Charitable Foundation conducted three sessions over two days (February 8th and 9th) for Project Recruit at the Engine Room in Hale Village. These sessions, part of their ongoing outreach, aimed to introduce young people, especially those from the Pioneer Girlz program, to career opportunities within the Metropolitan Police. The emphasis was on the benefits of a policing career, including competitive salaries and the opportunity for degree-level education. The foundation looks forward to further collaborations to enhance awareness and recruitment into the police force.

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Project Recruit Events

The LVE Charitable Foundation, under the Mayor of London’s Community Outreach Fund, collaborates with the Metropolitan Police for Project Recruit. This initiative aims to diversify the Metropolitan Police by recruiting more black, ethnic minority, and female officers. Events are being held across several London boroughs in schools, colleges, churches, mosques, and community groups to attract potential recruits and ensure the Metropolitan Police reflects the community it serves.

A Royal Welcome

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Karen Bellamy, CEO of the LVE Charitable Foundation, had the honor of welcoming His Majesty, King Charles III, and Her Majesty, Camilla, Queen Consort, to Waltham Forest for their visit to Project Zero. As the First Citizen of the Borough, it was Karen's responsibility to greet the royal party, marking a significant moment for the foundation.

Aiming High – A Journey to the Flight Deck

Luke Willmoth's journey into aviation, supported by the LVE Charitable Foundation, unfolds as he navigates the challenging path to becoming a commercial airline pilot. His story highlights the mentoring and opportunities provided by the foundation,

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from simulator experiences to acceptance into the easyJet Pilot Cadet Scheme. Luke's determination, coupled with the foundation's support, showcases the significant barriers aspiring pilots face, including the high costs of training, and the foundation's role in helping overcome these challenges.

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