2024-03-31-accounts - Connect Talent CIO

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

From

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||||||| |---|---|---|---|---|---| |Period start date|Period end date| |01|04|2023|31|03|2024| |To|

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Section A Reference and administration details

Charity name

Connect Talent CIO

Other names charity is known by

Registered charity number (if any) ~~H~~ 1169975 Charity's principal address St James’s House

Pendleton Way Salford Postcode M6 5FW

Names of the charity trustees who manage the charity

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||||| |---|---|---|---| |Dates acted if not for whole|Name of person (or body) entitled to| |Trustee name|Office (if any)| |year|appoint|trustee|(if any)| |1|John Bradbury| |2|Kelly Samuel| |Adegboyega| |3| |Arogundade| |4|Olubunmi Adeleke| |5| |6| |7| |8| |9| |10| |11| |12| |13| |14| |15| |16| |17| |18| |19| |20| |ee| |Names of the trustees for the charity, if any, (for example, any custodian trustees)| |Name|Dates|acted if not for whole|year|

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Names and addresses of advisers (Optional information)

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

Oladimeji Ojerinola

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

(eg. trust deed, constitution)

Charitable Incorporated Organisation How the charity is constituted

(eg. trust, association, company)

Appointed by Trustees Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To promote social mobility and access to better life opportunities for students of African and Caribbean descent.
Although our services are primarily for the students of Black African and Caribbean descent, where there is spare capacity, we will not exclude students from other minority ethnic groups who are facing barriers to progression post-university.
The target group are students in higher education who feel that they are not given suitable opportunities to achieve their full potential. The hope is that as a result of our support these individuals will realise their

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true potential and become leaders within their chosen field

Our main work this year has been to continue to support people with their claims for settled status. We have supported 13 people in total.

Our work in partnership with the Connect Institute means that we have signposted people to other opportunities where Connect Institute was not appropriate or additional support was required.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

All of our work is currently supported by volunteers and trustee members.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

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Section D Achievements and performance

Summary of the main 13 people have been supported through the Settled Status process achievements of the charity during the year

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Section E Financial review Our policy is to hold three months reserves. Brief statement of the charity’s policy on reserves Details of any funds materially in None deficit

Further financial review details (Optional information)

Our sole source of income this year has been from the Digital Assisted You may choose to include Service for work done to support visa applications. additional information, where relevant about:  the charity’s principal sources of funds (including any fundraising);

how expenditure has supported the key objectives of the charity;

 investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration ~~___~~ The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) John Bradbury Position (eg Secretary, Chair, Chair etc) Date 30/11/24

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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
Grants	-	-	-	-	-
Sales	650	-	-	650	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total(Gross income for AR)	650	-	-	650	-
- - - - - - - - - Sub total- - - - - Total receipts 650 - - 650 - A2 Asset and investment sales, (see table). ~~—————=~~
A3 Payments
Website costs	236	-	-	236	-
Fundraising	250	-	-	250	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total	486	-	-	486	-
- - - - - - - - Sub total - - - - - Total payments 486 - - 486 - A4 Asset and investment purchases, (see table) ~~———==—=~~
Net of receipts/(payments) 164 - - 164 - A5 Transfers between funds - - - - - A6 Cash funds last year end 2,648 - - 2,648 - Cash funds this year end 2,812 - - 2,812 - ~~===>=~~

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

Unrestricted Restricted funds Endowment Categories Details funds funds to nearest £ to nearest £ to nearest £ B1 Cash funds Current Account 2,812 - - - - - - - - Total cash funds 2,812 - - ~~—= ==~~ (agree balances with receipts and payments account(s)) OK OK OK Unrestricted Restricted funds Endowment funds funds Details to nearest £ to nearest £ to nearest £ B2 Other monetary assets - - - - - - - - - - - - - - - - - - ~~=—===~~ Fund to which asset Current value Details belongs Cost (optional) (optional) B3 Investment assets - - - - - - - - - - ~~—=——~~ Fund to which asset Current value Details belongs Cost (optional) (optional) B4 Assets retained for the - - charity’s own use - - - - - - - - - - - - - - - - ~~qi~~ Fund to which Amount due When due Details liability relates (optional) (optional) B5 Liabilities - - - - - Signed by one or two trustees on Date of behalf of all the trustees Signature Print Name approval John Bradbury 11/30/2024 ~~we~~