YOUNG STAR MENTORING
ANNUAL REPORT AND STATEMENT OF ACCOUNTS
FOR THE YEAR ENDING 31st DECEMBER 2024
CHARITY REGISTRATION No: 1174301
Young people on the Camino in Spain
Training in the Peak District
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Annual Report and Accounts year ending 31st December 2024
LEGAL AND ADMINISTRATIVE INFORMATION
Charity Number 1174301 Start of Financial year 1[st] January 2024 End of Financial year 31[st] December 2024 Trustees serving during Anthony Lemboye (Chairman and Chief Executive Officer) and after the year George Dowdell (Treasurer) Paul Mason (Secretary) Governing Instrument The charity is governed by the Constitution of a Charitable Incorporated Organisation (CIO) dated March 2017 and registered with the Charity Commission as a charity number 1174301 on 17th August 2017. Objects To help young people, especially but not exclusively through leisure time activities, to develop their capabilities that they may grow to full maturity as individuals and members of society. Registered Address 101 Queens Avenue, Aldershot, GU11 3LA Bankers Metro Bank PLC One Southampton Row, London, WC1B 5HA Contact Email tonylemboye@youngstarmentoring.org.uk Web Address www.youngstarmentoring.org.uk Independent Examiners Independent Examiners Ltd Unit 2, Broadbridge Business Centre Delling Lane Bosham PO18 8NF
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Annual Report and Accounts year ending 31st December 2024
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees/members of Young Star Mentoring on the accounts for the year ended 31st December 2024 set out on pages 5 to 7.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity's trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 145 of the 2011 Act),
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and
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to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S STATEMENT
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept (in accordance with section 130 of the Act); and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
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- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Zita Derbak MAAT AATQB Signed: Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Dated: 31.01.2025 Delling Lane Bosham PO18 8NF
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Annual Report and Accounts year ending 31st December 2024
TRUSTEES REPORT
The trustees present their report and the financial statements for the year ending 31st December 2024.
CHAIRMAN’S REPORT
To the trustees, volunteers and supporters of Young Star Mentoring. Here we are at the end of 2024 after another year. A young person said to me, “soon it will be 7 years since I’ve been coming to Young Star”. I thought, “It can’t be”, but yes. What a journey for us too.
This year we had some great hiking trips, serving young people from London, Greater Manchester, and Hull. We went to the Peak District, the Lake District, Cornwall, Snowdonia, the Camino in Spain, the South Downs, and Stonehenge.
Financially we have persevered and thankfully through very kind donations and grants awarded to YSM we have been able to carry on our work in achieving our mission of “Changing Lives with Adventure.” Special thanks to the “Awards for all” team and Charlie, and all those who have donated. Thank you for your support and terrific backing.
Some young people have been coming back to the charity for 7 years plus now. Some first connected at 18 and are now 25 years old. They have fully made the transition to adulthood and as a result of our mentorship are more equipped to deal with the life and have more personal tools and skills to navigate the path ahead.
We continue in our pledge to the Young Stars to be consistent, persistent, and determined in our service to them.
Special thanks to the trustees Paul and George. We are all a team, and our work is impossible without each other. Also, thanks go to Simon and Anna Hopkins for their advice and for writing the safeguarding policies. Special thanks to volunteers Anthony, Yordanka, Jason, and Katie Carsten. Sending you warmest best wishes.
Tony Lemboye
Chairman and Chief Executive Officer
OBJECTIVES AND ACHIEVEMENTS
To help young people, especially but not exclusively through leisure time activities, to develop their capabilities that they may grow to full maturity as individuals and members of society.
ACTIVITIES
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Taking several young people hiking to the Camino de Santiago in Spain.
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Training trips on national parks and mountains in the United Kingdom.
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Mentoring individual young people.
PUBLIC BENEFIT
In determining our programmes, we must regard both the Charity Commission’s general guidance on public benefit and prevention and relief of poverty for the public benefit. The trustees ensure that our programmes are in line with our charitable objects and aims.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The name of the charity is Young Star Mentoring. The charity is governed by the Constitution of a Charitable Incorporated Organisation (CIO) dated March 2017 and registered with the Charity Commission as charity number 1174301 on 17[th] August 2017.
New trustees are appointed by a resolution of the Trustees at a meeting of the Trustees at which there is a majority of the Trustees present.
The chief executive, Anthony Lemboye, works for the charity on a purely voluntary basis and is also a trustee.
REVIEW OF THE YEAR
Our income for 2024 was £54,286. Most of this income originated from individuals and grants from organisations, charities, and churches in the United Kingdom. Total resources expended were £29,378 resulting in a surplus of £24,908. Unrestricted year-end balance was £28,411, which is £3,743 more than last year. This is largely due to the increase of £3,562 in the value of voluntary donations.
COMMUNITY FUND
In 2023 we received a grant from the Community Fund of the National Lottery of £19,512 to enable the charity to mentor young people by taking them to the National Parks of the United Kingdom in 2024 and 2025.
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Annual Report and Accounts year ending 31st December 2024
GOING CONCERN
The Trustees consider Young Star Mentoring as a going concern and are committed to the charity’s growth and development.
VOLUNTEER SUPPORT
Young Star Mentoring has no employees and so is run entirely by volunteers:
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The chief executive gives his time freely to the charity.
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The trustees give their time in meetings, preparation of accounts and minutes of meetings.
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The charity makes use of mature and qualified volunteers who care for, and mentor, the young people on the Camino Trail and the training trips.
FUTURE STRATEGIC PLANS
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Continue to take more young people on the Camino Trail in Spain once or twice a year.
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A plan to take several young people on a trip to see the Normandy Beaches of the second world war.
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Organise training trips on National Parks in the United Kingdom.
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Mentor individual young people.
INVESTMENT POWERS
The Constitution authorises the trustees to make and hold investments using the general funds of the charity. In 2024 the charity moved the sum of £12,000 to a fixed interest account not withdrawable until early in 2025.
REVIEW AND MANAGEMENT OF RISKS
The Trustees conduct reviews of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.
RESERVES
Usable reserves on the 31st of December 2024 are £28,411. This is more than we need for reserves but means that our programme for 2025 is assured.
RESPONSIBILITY OF THE TRUSTEES
The trustees are responsible for preparing the trustees report and the financial statements in accordance with applicable law and United Kingdom accounting standards.
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year. In preparing those financial statements the trustees are required to:
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Select suitable accounting policies and apply them consistently.
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Make reasonable and prudent judgements and estimates.
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Prepare the financial statement on a going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The trustees are also responsible for:
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Keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and to ensure that the financial statements comply with applicable law and regulations.
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Safeguarding the charity’s assets.
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Taking reasonable steps for the prevention and detection of fraud.
This report was approved by the Trustees and signed on their behalf:
Name: Anthony Lemboye, Chairman and Trustee Date: 30[th] January 2025
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Annual Report and Accounts year ending 31st December 2024
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDING 31ST DECEMBER 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Notes | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | ||
| RECEIPTS | |||||
| Voluntary Receipts | 2a | 11,465 | 42,603 | 54,068 | 21,365 |
| Interest on Deposits | 2b | 148 | 0 | 148 | 0 |
| Contributions from Mentorees | 2c | 0 | 70 | 70 | 0 |
| TOTAL RECEIPTS | 11,613 | 42,673 | 54,286 | 21,365 | |
| PAYMENTS | |||||
| Costs of Charitable Activities | 3 | 789 | 28,589 | 29,378 | 30,616 |
| TOTAL PAYMENTS | 789 | 28,589 | 29,378 | 30,616 | |
| NET INCOMING/(OUTGOING) RESOURCES | 10,824 | 14,084 | 24,908 | (9,251) | |
| Balances Brought Forward | 24,668 | 0 | 24,668 | 33,919 | |
| Transfer Between Funds | 4 | (7,081) | 7,081 | 0 | 0 |
| BALANCES CARRIED FORWARD | 28,411 | 21,165 | 49,576 | 24,668 |
The notes on page 7 form part of these accounts All operations are continuing operations.
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Annual Report and Accounts year ending 31st December 2024
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDING 31ST DECEMBER 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Notes | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | ||
| ASSETS | |||||
| Cash Funds | |||||
| Main Bank Account | 130 | 0 | 130 | 9,598 | |
| Working Bank Account | 1,776 | 0 | 1,776 | 15,070 | |
| Instant access saving account | 14,505 | 21,165 | 35,670 | 0 | |
| Fixed term deposit a/c | 12,000 | 0 | 12,000 | 0 | |
| Cash Funds | 28,411 | 21,165 | 49,576 | 24,668 | |
| Other Monetary Assets | |||||
| Gift Aid claimable | 28 | 1,750 | 1,778 | 0 | |
| Interest owed on fixed term deposit | 357 | 0 | 357 | 0 | |
| 28,796 | 22,915 | 51,711 | 24,668 | ||
| LIABILITIES | |||||
| Independent Examiners Fee (Estimate) | 600 | 0 | 600 | 0 |
The charity has no assets retained for charity's own use.
TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
Charity law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out on the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payment Account and Statement of Assets and Liabilities which are set out on page 5 and 6.
Approved by the Trustees and signed on their behalf:
Name: Anthony Lemboye, Chairman and Trustee Date: 30th January 2025
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Annual Report and Accounts year ending 31st December 2024
NOTES TO THE ACCOUNTS
1. BASIS OF ACCOUNTING
The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| 2. RECEIPTS | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | ||
| 2a Voluntary Receipts | |||||
| Gift Aided donations | 8,104 | 7,000 | 15,104 | 1,199 | |
| Grants from organisations | 629 | 32,037 | 32,666 | 11,012 | |
| Internet Donations | 1,604 | 0 | 1,604 | 1,160 | |
| Other Donations | 320 | 0 | 320 | 7,994 | |
| Tax relief on Gift Aid | 808 | 3,566 | 4,374 | 0 | |
| Total Voluntary Receipts | 11,465 | 42,603 | 54,068 | 21,365 | |
| 2b Interest on Deposits | 148 | 0 | 148 | 0 | |
| 2c Contibutions from Mentorees | 0 | 70 | 70 | 0 | |
| Total Receipts | 11,613 | 42,673 | 54,286 | 21,365 | |
| Unrestricted | Restricted | Total | Total | ||
| 3. PAYMENTS | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | ||
| Costs of Charitable Activities | |||||
| Mentoring Client allowance | 0 | 4,967 | 4,967 | 4,231 | |
| Mentoring Fuel | 0 | 1,099 | 1,099 | 1,437 | |
| Mentoring Sustenance | 150 | 3,155 | 3,305 | 3,897 | |
| Mentoring Accommodation | 98 | 11,875 | 11,974 | 12,827 | |
| Mentoring Travel | 137 | 1,520 | 1,657 | 1,062 | |
| Vehicle Hire | 19 | 4,668 | 4,687 | 4,816 | |
| Mentoring general | 127 | 1,033 | 1,160 | 566 | |
| Mentoring Equipment | 80 | 0 | 80 | 196 | |
| Bank charges | 0 | 0 | 0 | 10 | |
| Fundraising Costs | 0 | 0 | 0 | 1,327 | |
| Independent Examination | 0 | 0 | 0 | 0 | |
| Insurance | 0 | 271 | 271 | 247 | |
| Governance | 0 | 0 | 0 | 0 | |
| Office costs | 108 | 0 | 108 | 0 | |
| Trustee expenses | 70 | 0 | 70 | 0 | |
| Total | 789 | 28,589 | 29,378 | 30,616 | |
| Funds as at | Income | Expense | Funds as at | ||
| 4. RESTRICTED FUNDS | 01/01/24 | Funds | Funds | Transfers | 31/12/24 |
| £ | £ | £ | £ | £ | |
| Camino Spain /Portugal | 0 | 13,166 | 9,586 | 6,631 | 10,211 |
| Herefordshire Community fund | 0 | 3,000 | 3,415 | 415 | 0 |
| Community Fund 3. | 0 | 19,512 | 13,549 | 0 | 5,963 |
| 7 stars Fund | 0 | 600 | 603 | 3 | 0 |
| Manchester Airport Community | 0 | 960 | 992 | 32 | 0 |
| Meeting Needs Fund | 0 | 5,435 | 445 | 0 | 4,991 |
| Total | 0 | 42,673 | 28,589 | **7,081 ** | 21,165 |
5. TRUSTEE EXPENSES
Trustee Mr Lemboye accompanies the young people on the trips organised by the charity, in his capacity as Mentor. The charity pays for the accommodation, travel and subsistence costs incurred by Mr Lemboye whilst on charity business. The annual cost of these were £2953 in the current financial year.
Two other trustees were reimbursed for their out-of-pocket expenses for travel costs, subsistence, and subscriptions fees to t he value of £52.