2022-03-31-accounts - Flipping Youth

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Trustees’ Annual Report for the period

From period start date: 01/04/2021 To period end date: 31/03/2022

Charity name: Flipping Youth

Charity registration number: 1167019

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The promotion of community participation in healthy recreation, in particular by the provision of facilities for the partaking of predominantly but not exclusively Skateboarding/ BMX/ Inline Skating/ Scooter/ Surfing.
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	The promotion of Skateboarding and other Skate Park sports in Jamaica, in response to high levels of criminality involving young people and gang affiliation. The current project aims to provide a safe Skate Park facility for young people and act as a diversion from involvement in street crime through sport and positive social mixing.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All trustees have been supplied with printed copies of the public benefit guidance issued by the Charity Commission. To confirm an understanding of this information, all trustees have met and discussed the issued guidance.

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	The beginning of this year marked the 1 year anniversary for when we began construction of our landmark project, the Freedom Skatepark & Youth Centre in Bull Bay, Kingston, Jamaica. The focus of our work has now shifted from the construction and launch of the skatepark and initial programme activities, to governance, fundraising, development and sustainability. Our main project partner, the CJF (Concrete Jungle Foundation), continue to deliver educational programmes at the facility, which are available free of charge to children and young people in the community. As a founding partner, Flipping Youth sits on the Freedom Skatepark Foundation board and meets with the wider project partners monthly to provide governance of the project. The board contains a variety of members, including local skaters, staff members from the skatepark, community partners, volunteers, corporate partners and international NGOs. Flipping Youth continued to fundraise in FY 2021/22, with 100% of funds going directly into operations and programme delivery on the ground at the skatepark in Jamaica. This includes an educational programme ‘Edu-Skate’, delivered by the CJF, which is a personal development programme that uses skateboarding as a tool for learning. All of the funds raised in 2021/22 were from individuals and are restricted to the Freedom Skatepark project. Looking ahead to future plans, we hope to direct some of our fundraising efforts towards implementing a Business Launch programme to assist young people with getting their business ideas off the ground through micro-grants, workshops and business mentorship.

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	The financial position of Flipping Youth as the year closes is sound and sufficient to carry out our intended activities.

		Our remaining funds are restricted towards funding the ongoing development of Freedom Skatepark & Youth Centre.
Statement explaining the policy for holding reserves statingwhy they areheld	Para 1.22	Flipping Youth does not currently hold any reserves.
Amount of reserves held	Para 1.22	£0.00
Reasons for holding zero reserves	Para 1.22	Flipping Youth is operated by a team of volunteers who work remotely and meet either online or in free of charge spaces, meaning that there are no operational overheads associated with staffing. All staff have undertaken safeguarding training and had DBS checks as part of their work with young people outside of Flipping Youth. Minor operational expenses are covered by trustees personally. Trustees provide their own IT technology to work on Flipping Youth related activities, so there is no requirement to purchase laptop computers for staff.
Details of fund materially in deficit	Para 1.24	None.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are no current uncertainties regarding Flipping Youth being able to continue. This year has been very successful and we have managed to conclude the construction phase of our primary project that we have been building towards over the past 5 years. We plan on maintaining our current strategy and continuing to support our primary objective, with no current plans to expand or take on further responsibility.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Foundation Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
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	Trustees have been elected after careful consideration as to the support that can be offered within their post. We aim to seek further Trustees as the charity moves into the next stage of growth. This process will include a vote from current Trustees which willbeminuted andrecorded.

Reference and Administrative details

Charity name	Flipping Youth
Other name the charity uses	FY
Registered charitynumber	1167019
Charity’s principal address	57 Printworks Apartments, 116 Coldharbour Lane, London, SE5 9PZ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for wholeyear	Name of person (or body) entitled to appoint trustee(if any)
William Willson	N/A	N/A	N/A
Josephine Trythall	N/A	N/A	N/A
Michael De Roeck	N/A	N/A	N/A

– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Flipping Youth has no other personnel beyond the trustees.

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) Position (eg Secretary, Chair, etc) Date
	William Willson
	Chair
	30/01/2023
	30/01/2023

	Charity Name	Charity Name	Charity Name	No (if any)	No (if any)	CC16a
	Flipping Youth			1167019
	Receipts andpayments accounts
	For the period from	Period start date	To		Period end date
		01/04/2021			31/03/2022

Section A Receipts and payments
	Unrestricted funds	Restricted funds	Endowment funds		Total funds	Last year
	to the nearest £	to the nearest £	to the nearest £		to the nearest £	to the nearest £
A1 Receipts
OnlineFundraiser	-	1,196	-		1,196	-
Individualdonors		12,232	-		12,232	-
	-		-		-	-
	-		-		-	-
	-		-		-	-
	-	-	-		-	-
	-	-	-		-	-
	-	-	-		-	-
*Sub total*(Gross income for AR)	-	13,428	-		13,428	-

A2 Asset and investment sales, (see table).
	-	-	-		-
	-	-	-		-	-
*Sub total*	-	-	-		-	-

**Total receipts **	-	13,428	-		13,428	-

A3 Payments
Costs of Charitable Activites	-	13,478	-		13,478	-
Misc. Admin Costs	-	470	-		470	-
BankingCharges	-	153	-		153	-
	-		-		-	-
	-	-	-		-	-
	-	-	-		-	-
	-	-	-		-	-
	-	-	-		-	-
	-	-	-		-	-
**Sub total **	-	14,101	-		14,101	-

A4 Asset and investment purchases, (see table)
	-	-	-		-
	-	-	-		-
**Sub total **	-	-	-		-	-

**Totalpayments **	-	14,101	-		14,101	-

*Net of receipts/(payments)*	-	- 673	-		- 673	-
A5 Transfers between funds	-	-	-		-	-
A6 Cash funds lastyear end	-	9,506	-		9,506	-
*Cash funds thisyear end*	-	8,833	-		8,833	-

Section B Statement of assets and liabilities at the end of the period

Categories	Details	Unrestricted funds	Restricted funds	Endowment funds
		to nearest £	to nearest £	to nearest £
B1 Cash funds	HSBC Current Account	-	8,833	-
		-	-	-
		-	-	-
	*Total cash funds*	-	8,833	-
	(agree balances with receipts and payments account(s))	OK		OK
		Unrestricted funds	Restricted funds	Endowment funds
	Details	to nearest £	to nearest £	to nearest £
B2 Other monetary assets		-	-	-
		-	-	-
		-	-	-
		-	-	-
		-	-	-
		-	-	-

	Details	Fund to which asset belongs	Cost (optional)	Current value (optional)
B3 Investment assets			-	-
			-	-
			-	-
			-	-
			-	-

	Details	Fund to which asset belongs	Cost (optional)	Current value (optional)
B4 Assets retained for the charity’s own use			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-

	Details	Fund to which liability relates	Amount due (optional)	When due (optional)
B5 Liabilities			-
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees	Signature	Print Name		Date of approval
		William Willson		31/01/2023