2023-03-31-accounts - The Society For Entrepreneurial Education And Development

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

Period start date Period end date Day Month Year Day Month Year 01 04 2022 To 31 03 2023

From

Section A Reference and administration details

Charity name The Society for Entrepreneurial Education and Development Other names charity is known by S.E.E.D. and SEED Registered charity number (if any) 1177089 Charity's principal address 3D Sheen Gate Gardens East Sheen London Postcode SW14 7PD

Names of the charity trustees who manage the charity

----- Start of picture text -----
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
NICHOLAS Treasurer, member Board of Trustees
1
BENEDICT RIDGE of Board of Trustees
ALAN RICHARD Secretary, member Board of Trustees
2
CHARLESWORTH of Board of Trustees
SHAKEEB NIAZI Chair, member of Board of Trustees
3
Board of Trustees
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
----- End of picture text -----

March 2012

TAR

Names and addresses of advisers (Optional information)

----- Start of picture text -----
Type of adviser Name Address
Legal & IP Jonathan Exell 16 Weston Road Bromley BR1 3RH
----- End of picture text -----

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

Section B Structure, governance and management

Description of the charity’s trusts

CIO Constitution Type of governing document (eg. trust deed, constitution) CIO - Charitable Incorporated Organisation How the charity is constituted (eg. trust, association, company) Elected 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

March 2012

TAR

The objects of the CIO are:

(1) The advancement of education for the public benefit, in particular but not exclusively in the subjects of digital and entrepreneurial techniques and methodologies.

(2) The relief of unemployment for the benefit of the public by such means as the trustees see fit including assistance to find employment, helping people start up their own businesses or income-generating ventures and the provision of land or buildings at below market or subsidised rents to businesses starting up.

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

(3) The promotion of social inclusion by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.

For the purposes of this clause ‘socially excluded’ means people who are excluded from society, or parts of society, as a result of one or more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment; poor educational or skills attainment; relationship and family breakdown; crime (either as a victim of crime or as an offender rehabilitating into society) or who are within, or have experienced, the public care or penal system.

The main activities were to:

Connect and engage with organisations that support the targeted beneficiaries and establish working relationships.
To find office space for the charity to organise its matters and provide a place where the beneficiaries could visit and work with the charity.
To define its fundraising programmes.

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)

To define its engagement and support for the beneficiaries (based on the funds and space available).

Additional details of objectives and activities (Optional information)

March 2012

TAR

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

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

Section D Achievements and performance

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The main activities were to:

Connect and engage with organisations that support the targeted beneficiaries and establish working relationships.

We have started to work and run events with:

BCS, The Chartered Institute for IT
Institute for Engineering and Technology  University of East London  University of East London
To find office space for the charity to organise its matters and provide a place where the beneficiaries could visit and work with the charity.
The small office in Notting Hill Gate was donated at zero cost to the charity. And has now closed.
We are searching for a space in Westway (along the A40) in London. Where we feel there is sufficient needs.
We have widen our search to East, West London and Croydon areas.
To define its fundraising programmes.
Launched a programme of fundraising to equip charities and organisations working with children in primary and secondary schools in the London with digital device to access their education.
To define its engagement and support for the beneficiaries (based on the funds and space available).
Continued developing the education programme and entrepreneur toolkit to be used is such training sessions.
Continued developing workshops, mentoring sessions and general support activities.

March 2012

TAR

Section E Financial review

Brief statement of the charity’s policy on reserves

This is a charity on its start-up journey and has raised a small amount of funds from its activities.

Details of any funds materially in deficit

none

Further financial review details (Optional information)

To date (of this reported financial year), the charity has not entered into You may choose to include any agreements where costs would be incurred by the charity. additional information, where relevant about:

In addition, any minor expenses have been covered by N-Tire Systems
the charity’s principal Limited and Shakeeb Niazi. 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

The challenges of the Covid-19 pandemic continued during 2021/2023 to impact our all programmes resulted in us suspending them. We decided not to launch any new programmes or incur any new costs and keep the charity moving forward by developing plans and building the underlying content. We also agreed to review the situation on a regular basis.

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) Shakeeb Niazi

Position (eg Secretary, Chair, Chair etc) Date 29th February 2024

March 2012

TAR

----- Start of picture text -----
Charity Name No (if any)
The Society for Entrepreneurial Education and Development 1177089
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/04/2021 31/03/2022
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
- - - - -
Donations 1,445 - - 1,445 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 1,445 -
AR) [ 1,445 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 1,445 - - 1,445 -
A3 Payments
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total - - - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
- - - - -
Total payments
Net of receipts/(payments) 1,445 - - 1,445 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end 7,777 - - 7,777 -
Cash funds this year end 9,222 - - 9,222 -
----- End of picture text -----

CCXX R1 accounts (SS)

29/02/2024

Section B Statement of assets and liabilities at	Section B Statement of assets and liabilities at	the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds	Signature Details Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Details Metro Bank (balance)	Unrestricted funds Restricted funds to nearest £ to nearest £ 9,222 - - - - - 9,222 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Nicolas Ridge Shakeeb Niazi	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 29/02/2024 29/02/2024

CCXX R2 accounts (SS)

29/02/2024