## **Trustees’ Annual Report for the period** ## **From period start date: 01/04/2023 To period end date: 31/03/2024** ## **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|Following the successful ‘official’
celebration event for the creation of
Freedom Skatepark & Youth Centre, which
took place in October 2022, Flipping Youth
had a quieter year in its operations
throughout 2023/24.
We continued to support several
participants of the business launch
programme ‘Just Dweet’. This included one
participant receiving a $128k JMD grant to
support the scale-up of his clothing brand,
facilitating his ability to acquire stock at
reduced rates and increase profit margins.
This young person was someone who was
involved in getting hands on and actually
building the skatepark, having previously
completed the ‘Planting Seeds’ programme
with Flipping Youth and Concrete Jungle
Foundation, whereby he was paid for an
internship throughout the whole skatepark
construction period, learning new skills
about working with wood and concrete,
whilst earning a competitive wage.
The ability to establish financial backing is
a prevalent barrier to young people in
Jamaica being able to explore their
entrepreneurial ideas and start new
businesses. Finding employment can be
very difficult for those lacking formal
educational qualifications, there is also a
strong stigma around class, which regions
people are from and those with criminal
records. These factors all add to the
importance of young people who face any
of these barriers to have the opportunity to
explore self-employment. Flipping Youth is
happy to be able to provide this sustained
support for a young person who has
demonstrated his dedication and
commitment to the Freedom Skatepark
community initiative, and may not have
been able to fulfil his ambition to develop
his clothing brand without some financial
support.| ## **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 and the associated
‘Just Dweet’ business launch programme.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|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. We plan on maintaining our
current strategy and continuing to support
our primary objective, with no 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.| ## **Reference and Administrative details** |Charity name|Flipping Youth| |---|---| |Other name the charity uses|FY| |Registered charity number|1167019| |Charity’s principal address|3 Bosorne Street, Penzance, TR19 7LX| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||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)**|**Signature(s)**| |---|---| |**Full name(s)**|**Full name(s)**William Willson| |**Position (eg Secretary,**|Chair| |**Chair, etc)**|| ||| |**Date**31/01/2025|31/01/2025| ||**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 £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Online Fundraiser|**-**||**1,186**||**-**||**1,186**||**-**| ||||||**-**||**-**||**-**| ||**-**||||**-**||**-**||**-**| ||**-**||||**-**||**-**||**-**| ||**-**||||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**-**||**1,186**||**-**||**1,186**||**-**| |~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~| |**A2 Asset and investment sales,**
**(see table).**
~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~| |~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|~~——————=~~| |~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~| |**_Sub total_**
~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~|**-**
~~——————=~~| |~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|**1,186**
~~——————=~~|~~——————=~~|~~——————=~~| |**_Total receipts_ **
~~——————=~~|**-**
~~——————=~~|~~——————=~~|**1,186**
~~——————=~~|~~——————=~~|**-**
~~——————=~~|~~——————=~~||~~——————=~~|**-**
~~——————=~~| |~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~|~~——————=~~| |**A3 Payments**|||||||||| |Costs of Charitable Activites|**-**||**1,954**||**-**||**1,954**||**-**| |Misc. Admin Costs|**-**||**263**||**-**||**263**||**-**| |BankingCharges|**-**||**95**||**-**||**95**||**-**| ||**-**||||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**-**||**2,312**||**-**||**2,312**||**-**| |~~==~~|~~==~~|~~==~~|~~==~~|~~———~~|~~———~~|~~———~~|~~———~~|~~———~~|~~———~~| |**A4 Asset and investment**
**purchases, (see table)**
~~==~~|~~==~~|~~==~~|~~==~~|~~———~~|~~———~~|~~———~~|~~———~~|~~———~~|~~———~~| |~~==~~|**-**
~~==~~|~~==~~|**-**
~~==~~|~~———~~|**-**
~~———~~|~~———~~|**-**
~~———~~|~~———~~|~~———~~| |~~==~~|**-**
~~==~~|~~==~~|**-**
~~==~~|~~———~~|**-**
~~———~~|~~———~~|**-**
~~———~~|~~———~~|~~———~~| |**_Sub total_ **
~~==~~|**-**
~~==~~|~~==~~|**-**
~~==~~|~~———~~|**-**
~~———~~|~~———~~|**-**
~~———~~|~~———~~|**-**
~~———~~| |~~==~~|~~==~~|~~==~~|~~==~~|~~———~~|~~———~~|~~———~~|~~———~~|~~———~~|~~———~~| |**_Totalpayments_ **
~~==~~|**-**
~~==~~|~~==~~|**2,312**
~~==~~|~~———~~|**-**
~~———~~|~~———~~|**2,312**
~~———~~|~~———~~|**-**
~~———~~| |~~==~~
~~===>~~|~~==~~
~~===>~~|~~==~~
~~===>~~|~~==~~
~~===>~~|~~———~~
~~===>~~|~~———~~
~~===>~~|~~———~~
~~===>~~|~~———~~
~~===>~~|~~———~~
~~>~~|~~———~~
~~>~~| |**_Net of receipts/(payments)_**
~~===>~~|**-**
~~===>~~|**-**
~~===>~~|**- 1,126**
~~===>~~|**126**
~~===>~~|**- - 1**
~~===>~~|**- - 1**
~~===>~~|**- - 1,126**
~~===>~~|**126**
~~>~~|**-**
~~>~~| |**A5 Transfers between funds**
~~===>~~|**-**
~~===>~~|**-**
~~===>~~|**- -**
~~===>~~|**- -**
~~===>~~|**- -**
~~===>~~|~~===>~~|**-**
~~===>~~|~~>~~|**-**
~~>~~| |**A6 Cash funds lastyear end**
~~===>~~|**-**
~~===>~~|**-**
~~===>~~|**3,646**
~~===>~~|**646**
~~===>~~|**-**
~~===>~~|~~===>~~|**3,646**
~~===>~~|~~>~~|**-**
~~>~~| |**_Cash funds thisyear end_**
~~===>~~|**-**
~~===>~~|**-**
~~===>~~|**2,520**
~~===>~~|**520**
~~===>~~|**- 2**
~~===>~~|**- 2**
~~===>~~|**- 2,520**
~~===>~~|~~>~~|**-**
~~>~~| |**Categories**
~~===~~|**Details**
~~===~~|**Details**
~~===~~|**Details**
~~===~~|~~===~~|**Unrestricted**
**funds**
~~===~~|~~===~~|**Restricted**
**funds**
~~===~~|~~===~~|**Endowment**
**funds**
~~===~~| |---|---|---|---|---|---|---|---|---|---| |~~===~~|~~===~~|||~~===~~|**to nearest £**
~~===~~|~~===~~|**to nearest £**
~~===~~|~~===~~|**to nearest £**
~~===~~| |**B1 Cash funds**
~~===~~|HSBC Current Account
~~===~~|||~~===~~|**-**
~~===~~|~~===~~|**2,520**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| |~~===~~|**_Total cash funds_**
~~===~~|||**_Total cash funds_**
~~===~~|**-**
~~===~~|~~===~~|**2,520**
~~===~~||**-**
~~===~~| |~~===~~|(agree balances with receipts and payments
account(s))
~~===~~||||||||| ||||||||||| ||**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**
~~===~~|~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| ||~~===~~|||~~===~~|~~===~~|~~===~~|**-**
~~===~~|~~===~~|**-**
~~===~~| |~~===~~|~~===~~|||~~===~~
~~oe~~|~~===~~|~~===~~
~~oe~~|~~===~~|~~===~~
~~oe~~|~~===~~| |~~oe~~|**Details**
~~oe~~||||**Fund to which**
**liability relates**
~~oe~~||**Amount due**
**(optional)**
~~oe~~||**When due**
**(optional)**
~~oe~~| |**B5 Liabilities**
~~oe~~|~~oe~~|||~~oe~~|~~oe~~|~~oe~~|**-**
~~oe~~|~~oe~~|~~oe~~| ||~~oe~~|||~~oe~~|~~oe~~|~~oe~~|**-**
~~oe~~|~~oe~~|~~oe~~| ||~~oe~~|||~~oe~~|~~oe~~|~~oe~~|**-**
~~oe~~|~~oe~~|~~oe~~| ||~~oe~~|||~~oe~~|~~oe~~|~~oe~~|**-**
~~oe~~|~~oe~~|~~oe~~| ||~~oe~~|||~~oe~~|~~oe~~|~~oe~~|**-**
~~oe~~|~~oe~~|~~oe~~| |~~oe~~|~~oe~~|~~oe~~|~~oe~~|~~oe~~|~~oe~~|~~oe~~|~~oe~~|~~oe~~|~~oe~~| |Signed by one or two trustees on
behalf of all the trustees
~~oe~~|Signature
~~oe~~|||~~oe~~|Print Name
~~oe~~|||~~oe~~|Date of
approval
~~oe~~| |~~oe~~|~~oe~~|||~~oe~~|William Willson
~~oe~~|||~~oe~~|31/01/2025
~~oe~~|