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 2023 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 / 2023 .
- 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:
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accounting records were not kept in accordance with section 130 of the Act or
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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: Date: 24 Oct 2024 ~~Mark Ta lor y~~ Name: Mark Taylor Relevant professional ICAEW qualification(s) or body (if any):
Address: HW Fisher LLP, Acre House 11-15 William Rd, London NW1 3ER
1
IER
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Life Project For Youth, England No 1177577
Receipts and payments accounts CC16a
For the period
from 01/01/2023 To 31/12/2023
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 79,576 - - 79,576 44,535
Income Generation 1,272 - - 1,272 813
Investment Income - - - - -
Charitable Income 85,465 - - 85,465 79,460
Advance Receipts - - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
166,313 - - 166,313 124,808
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 166,313 - - 166,313 124,808
A3 Payments
Cost of Generating funds 27,508 - - 27,508 1,340
Grant making - - 64,576 64,576 96,098
Support Costs (governance, admin) 16,989 - - 16,989 15,824
- - - - -
- - - - -
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CCXX R1 accounts (SS)
14/08/2024
1
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- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 44,497 ] - 64,576 109,073 113,262
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total [ - ] - - - -
Total payments 44,497 - 64,576 109,073 113,262
Net of receipts/(payments) 121,816 - - 64,576 57,240 11,546
A5 Transfers between funds - 64,576 - 64,576 - -
A6 Cash funds last year end 30,481 - - 30,481 18,935
Cash funds this year end 87,721 - - 87,721 30,481
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Section B Statement of assets and liabilities at the end of the period
| Categories monetary assets unds |
Total cash funds (agree balances with receipts and payments account(s)) Details Details HSBC Western union Ebury |
Unrestricted funds to nearest £ 87,721 - - 87,721 OK Unrestricted funds to nearest £ - |
Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - |
Designated funds to nearest £ - - - |
|---|---|---|---|---|
| - | ||||
| OK | ||||
| Designated funds to nearest £ - |
B1 Cash funds
B2 Other monetary assets
CCXX R2 accounts (SS)
14/08/2024
2
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- - -
- - -
- - -
- - -
- - -
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B3 Investment assets
B4 Assets retained for the charity’s own use
B5 Liabilities
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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)
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-
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CCXX R3 accounts (SS)
14/08/2024
3
Signed by one or two trustees on behalf of all the trustees
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Date of
Signature Print Name
approval
Edouard Doutriaux 23 Oct 2024
Edouard Doutriaux
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CCXX R4 accounts (SS)
14/08/2024
4
Trustees’ Annual Report for the period
From 01 January 2023 To 31 December 2023
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 | The trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| SORP reference | ||
| Policy on grant making | Para 1.38 |
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: ●Together We Dine - LP4Y Dinners 2023in June to raise funds in support of our LP4Y Centers in the Philippines. Dinners were an opportunity to advocate LP4Y goals and projects, as well as raise money through private & corporate donations and silent auctions. ●Book salesof Bahini, written by one of our Volunteers in the field. ●Together We Play 2023in September. Tennis tournament to advocate LP4Y mission and raise funds. ●Together We Art 2023is a fundraising initiative in support of LP4Y that will bring together a consortium of architects and artists who all care about equal opportunities for Youth. They have come together to raise funds and awareness for LP4Y. These activities contributed to raising awareness and fundraising a total of £166,313, significantly above the £100,000 targeted for the period. During the period, the trustees have chosen to support, through grant making, the following projects: ●LP4Y Green Village in the Philippines |
Since 2010, LP4Y has been established in Mindanao Island, in the Philippines. First, the Life Project Center was settled in Iligan, but for safety reasons, LP4Y has had to move in 2017, to another city, Cagayan de Oro. The Cagayan de Oro Life Project Center is located close to the Carmen rubbish dump, near a neglected neighbourhood in the South of the city. The LPC welcomed more than 30 Youth divided in two programs: one program of hearing Youth and one program focused on deaf and speech impaired. Even if they are divided into two programs, all the Youth are working and managing together the Hear Us Café-restaurant by using sign language to communicate between each other. ● 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. 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 Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set
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 | The charity had approximately GBP 87,721 on account at the end of December 2023. |
| 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 | The charity had approximately GBP 87,721 on account at the end of December 2023. |
| Reasons for holding zero reserves |
Para 1.22 | None |
| 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 | None |
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 LP4Y Dinners and Together We Art – most of the auction items are in- kind donation from corporate, artists or private individuals ● Live fundraising event during our cultural event Together We Art ● 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 advocateon behalf of excluded Youth in these 13 countries; ►To accompanythe Youth towards social and professional integration through entrepreneurship; ►To encourageinitiatives 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 6 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 parties |
Para 1.51 | During the year charity received donations of £8,895 from Trustee and grants given to LP4Y Bangladesh £12,568 and to LP4Y Lebanon £26,764 and £7,576 and £10,500 to LP4Y Alliance. |
|---|---|---|
| Other |
Reference and Administrative details
| Charity name | Life Project For Youth, England |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1177577 |
| Charity’s principal address | 9 Kenneth Crescent London NW2 4PS |
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 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoin t trustee (ifany) |
|---|---|---|---|---|
| Jean-Baptiste Decaix |
Chairman | |||
| Maude Wehry | ||||
| Edouard Doutriaux | Treasurer & compliance officer |
|||
| Angelica Belli | ||||
| Lauriane Buffé | Secretary | |||
| 20 |
– 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)
| Type of | Name | Address |
|---|---|---|
| adviser |
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) Edouard Doutriaux Full name(s) Jean-Baptiste Decaix Position (eg Secretary, Chair Treasurer Chair, etc) Date 30/9/2024 30/9/2024