**Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Life Project for Youth, England **On accounts for the year** 31 Dec 2022 **Charity no** 1177577 **ended (if any) Set out on pages** 1-16 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 12 / 2022** . - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Signed:** Joel Courts **Date:** 12 Oct 2023 **Name:** Joel Courts **Relevant professional** ICAEW **qualification(s) or body (if any): Address:** HW Fisher LLP, Acre House 11-15 William Rd, London NW1 3ER 1 **IER** **----- Start of picture text -----**
Life Project For Youth, England No 1177577
Receipts and payments accounts CC16a
For the period
from 01/01/2022 To 31/12/2022
Section A Receipts and payments
Unrestricted Restricted Designated
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Voluntary Income 44,535 - - 44,535 11,616
Income Generation 813 - - 813 -
Investment Income - - - - -
Charitable Income 14,460 65,000 - 79,460 132,242
Advance Receipts - - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
59,808 65,000 - 124,808 143,858
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total [ - ] - - - -
Total receipts 59,808 65,000 - 124,808 143,858
A3 Payments
Cost of Generating funds 1,082 - 258 1,340 2,513
Grant making - 65,000 31,098 96,098 223,844
Support Costs (governance, admin) 15,824 - - 15,824 17,139
- - - - -
- - - - -
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CCXX R1 accounts (SS) 03/10/2023 1 **----- Start of picture text -----**
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 16,906 65,000 31,356 113,262 243,496
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total - - - - -
Total payments 16,906 65,000 31,356 113,262 243,496
Net of receipts/(payments) 42,902 - - 31,356 11,546 - 99,638
A5 Transfers between funds - 31,356 - 31,356 - -
A6 Cash funds last year end 18,935 - - 18,935 118,573
Cash funds this year end 30,481 - - 30,481 18,935
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## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B2 Other monetary assets**
**B1 Cash funds**|HSBC
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Western union
Ebury|**Unrestricted**
**funds**
**to nearest £**
**30,481**
**-**
**-**
**30,481**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**|**Designated**
**funds**
**to nearest £**
**-**
**-**
**-**| |---|---|---|---|---| |||||**-**| |||||OK| |||||**Designated**
**funds**
**to nearest £**
**-**| CCXX R2 accounts (SS) 03/10/2023 2 **----- Start of picture text -----**
- - -
- - -
- - -
- - -
- - -
**----- End of picture text -----**
## **B3 Investment assets** **B4 Assets retained for the charity’s own use** ## **B5 Liabilities** **----- Start of picture text -----**
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
- -
- -
- -
- -
- -
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Fund to which Amount due When due
Details liability relates (optional) (optional)
-
-
**----- End of picture text -----**
CCXX R3 accounts (SS) 03/10/2023 3 Signed by one or two trustees on behalf of all the trustees **----- Start of picture text -----**
-
-
-
Date of
Signature Print Name
approval
Edouard Doutriaux Edouard Doutriaux 11 Oct 2023
**----- End of picture text -----**
CCXX R4 accounts (SS) 03/10/2023 4 ## **Trustees’ Annual Report for the period** ## **From 01 January 2022 To 31 December 2022** **Charity name:** Life Project 4 Youth, England **Charity registration number:** 1177577 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|For the public benefit to advance in life and
help young adults from socially and/or
economically deprived backgrounds across
the world to become productive and
self-sufficient members of society.| |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|1. providing financial support for basic
education, vocational training, basic
essential needs and advice and
support on health and social issues;
2. raising public awareness of the
needs of such young adults by
engaging with the public in a range of
forums (including, but not limited to,
University campuses, the offices of
large organisations and social media)
with a view to encouraging members
of the public to provide support to
such young adults; equipping
members of the public to provide
support to such young adults by
helping prospective volunteers to
source training in language skills,
computer skills and other skills.
3. equipping members of the public to
provide support to such young adults
by helping prospective volunteers to
source training in language skills,
computer skills and other skills| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **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|During the period, LP4Y, England undertook
the following activities:
●**LP4Y Dinners 2022**in June to raise
funds in support of our LP4Y Centers
in Bangladesh. Dinners were an
opportunity to advocate LP4Y goals
and projects, as well as raise money
through private & corporate
donations and silent auctions
●**Book sales**of Bahini, written by one
of our Volunteers in the field
●**LP4Y England information event**
on Nov 17th 2022 to upd ate partners,
donors and volunteers about the
LP4Y, England activities and the
projects supported
These activities contributed to raising
awareness and fundraising a total of
**£124,808**, significantly above the £100,000
targeted for the period, of which £65,000 are
restricted, to our Centers in**Lebanon**.
During the period, the trustees have chosen
to support, through grant making, the
following projects:
**● LP4Y Center in West Bengal**
The Green Village West Bengal is a
3-months residential learning-by-doing
pedagogy offering solutions for the
sustainable professional and social inclusion
of excluded young women from rural areas
of West Bengal and slum areas of Kolkata.
The Green Village West Bengal is located in| rural area to target Youth geographically excluded from the urban professional world. The Green Village West Bengal opened in July 2021 in Ranihati, Panchla, West Bengal region in India, 30 km from Kolkata. **● Life Project Centre in Lebanon** The first LP4Y establishment in the Mediterranean region. LP4Y plans to expand into this new region, starting with Lebanon; creating a strong and active integration ecosystem. Lebanon faces many problems: high youth unemployment rate, significant migratory flows and economic crisis with an estimated 50% of the population now living in poverty, and 25% living in extreme poverty. The project consists of installing 2 Life Project centres. A memorandum of understanding with the Order of Malta was signed recognising the charity nature of LP4Y activities and facilitating the granting of volunteer visa. Thanks to the Order of Malte knowledge of the city of Beirut, the team of Volunteers could quickly start mapping the poverty zones and meeting local communities and actors, search for a building that will host the first Life Project Center. Two zones were selected meeting the LP4Y criteria (slums with a high rate of young people, little employment, no NGOs already doing the same thing, safe zone…) : Naaba, in the eastern Beirut Tariq el Jdideh, in the south of the city The LP4Y volunteers met with around 30 organisations, including foundations, associations and companies, to develop partnerships and spread the word about the LP4Y project in Lebanon. Among these partners, UNICEF, ACTED or the Red Cross confirmed location and needs. **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |||| |||| |||||| |---|---|---|---|---| ||Investment performance|Para 1.41||| ||against objectives|||| ||Other|||| |||||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|It is LP4Y England policy to maintain a
balance of unrestricted funds (if possible), of
at least £10,000 to cover future working
capital requirements| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|LP4Y principle sources of funds this year
were the following:
● Voluntary donation from private
donors
● Corporate donation through
charitable giving program
● Proceed of ticket sale for the annual
event
● Proceed from silent auction during
the annual event – most of the
auction items are in-kind donation
from corporate, artists or private
individuals
● Live fundraising event during our
annual event for projects in Myanmar
& the Philippines
● Charity shopping fundraising site| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| |||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation
(foundation structure)| |
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|Appointed by the Board of trustees| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|LP4Y, England is a member of the LP4Y
Alliance, a federation of 23 organisations in
13 countries.
The Alliance has three missions:
►**To advocate**on behalf of excluded Youth
in these 13 countries;
►**To accompany**the Youth towards social
and professional integration through
entrepreneurship;
►**To encourage**initiatives that will enhance
Youth inclusion and facilitate knowledge
sharing between the different members.
The Alliance is the guiding arm and direct
support to all established and new LP4Y
organisations.
LP4Y organisations support and advocate
the decent inclusion of thousands of Young
people and their families in 57 programs in
South East Asia, South Asia, Middle East,
Europe and America.
These Programs have been centered around
an innovative pedagogy based on
entrepreneurship with three main models:
The life project centres, the training
development centres and the Green villages.
**● LIFE PROJECT CENTERS &**
**TRAINING DEVELOPMENT**| **CENTERS** are located close to or in urban areas of extreme poverty called slum area offering 12 months residential training program to empower excluded Young adults (Young mothers, migrants, orphans, differently abled, school drop-outs, etc.) with necessary life and soft skills to make them autonomous, independent and self-confident to join a decent job market. Through Professional Training for Entrepreneurs, a unique learning method based on entrepreneurship and positive approach, the Youth learn how to manage a small business, work in a team, take initiative, assume responsibilities, solve problems, manage a team, manage a project and meet deadlines. They improve their English, communication and IT skills. They are accompanied by the coaches (volunteers) in their career path and when they finish the program, they are able to find and keep a decent job. They receive a weekly allowance, Life Project Money, that enables them to follow the training on a daily basis while sustaining their basic needs and saving for the first steps of their professional life. At the same time, LP4Y develops an integration ecosystem composed of companies, NGOs, local administrations, and universities. These all favour Youth inclusion via professional exposure of the Youth and adaptation of HR policies enabling employment of Youth with low educational background. **● GREEN VILLAGE** offers educational residential programs similar to Life Project Centre for youths that have been relocated from the slum to new rural areas away from all infrastructures. It is a fast track 3 months program with a focus on practical professional training promoting natural technology and lifestyle and aiming at initiating a new economy in these areas to be developed by local communities. Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** Charity name Other name the charity uses Registered charity number Charity’s principal address ## **Names of the charity trustees who manage the charity** |1
2
3
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5
6
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**
**Name**
**of**
**person**
**(or**
**body)**
**entitled**
**to**
**appoin**
**t**
**trustee**
**(if any)**| |---|---|---|---| ||Jean-Baptiste
Decaix|Chairman|
Appointed on 25 May
2022| ||Maude Wehry||| ||||| ||Edouard Doutriaux|Treasurer &
compliance officer|| ||Angelica Belli||| ||Lauriane Bufé|Secretary|Appointed on 2 March
2022| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---|---| |**Type of**
**adviser**
**Name**
**Address**|||| ||||| ||||| ||||| ||||| |**Name of chief executive or names of senior staff members (Optional information)**|||| ||||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **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**|
Jean-Baptiste Decaix
Edouard Doutriaux
Chair
Treasurer
30/9/2023
30/9/2023|| |---|---|---|