Trustees’ Report
Year ended 30 June 2025
Charity number: 1178019
Information
Trustees in office for the period 1 July 2024 to 30 June 2025:
Rosanna Smith Nathan Brooker Prasanna Kannan Gavin Auty
Charity number: 1178019
Registered Office: 118 Mildmay Avenue, London, N1 4FE
Trustees’ Report
The trustees are pleased to present their annual trustees’ report of the charity for the year of operations from 1 July 2024 to 30 June 2025.
Structure, governance and management
Decade On is a Charitable Incorporated Organisation (CIO) governed by its Constitution dated 6 August 2017. It is registered as a charity with the Charity Commission.
The charity had four trustees throughout the period, three of whom were appointed at the time of registration with the Charity Commission, and the fourth being appointed during the financial year 2020 to replace a Trustee who resigned.
Trustees are appointed in line with the Constitution, as follows:
(1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
(2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Objectives and activities
The objective of the CIO is to help young people (18+) understand and be better prepared to enter the workforce by providing practical and relevant careers advice.
In shaping the objectives, the trustees have considered the Charities Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’. We have outlined the problem we are trying to fix, and our proposed solution, as follows:
Defning the problem:
Social mobility is a major problem in the UK. Just 7% of students are privately educated, and yet, they are hugely over-represented in the top professions, accounting for 50% of journalists; 60% of doctors; and 70% of barristers.
Our solution:
The Sutton Trust’s 2019 report on ‘Elitist Britain’ recommends that to tackle issues of social mobility high-quality careers advice needs to be available to young people from all backgrounds. All pupils should receive a guaranteed level of careers advice from professional impartial advisers. But we do not believe this is being done.
What we offer: We provide the most up-to-date, relevant, advice possible.
Achievements and performance
We have maintained the strong foundations established through the earlier development of the charity and the delivery of a proof of concept. Around 50 mentors have signed up to Decade On, with mentee connections established and positive feedback received. The charity’s focus is now on securing funding to support operational management, marketing, and design, in order to drive future growth and help more young adults into the job market. Additional support will be critical to securing the resources needed for the next phase.
A financial review
Operational costs were minimised, as we looked for additional funding to be able to expand. We were grateful to receive funding from KPMG LLP.
During these initial years, our reserves policy will be to build up reserves so that goingforward, that charity has six months’ operating costs held in reserve.
R. Smith
Rosanna Smith
Trustee
24.07.2026
| Decade On | Decade On | Decade On | Decade On | Decade On | 1178019 | 1178019 | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||||||
| For the period from |
01.07.2024 | To | 30.06.2025 | ||||||
| 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 | |||||||||
| 230 | - | - | 230 | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| Sub total_(Gross income for AR) _ | 230 |
- | - | 230 | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - 0 | - 0 | - 0 | - | ||||||
| - 0 | - 0 | - 0 | - | - 0 | |||||
| Sub total | - 0 |
- 0 | - 0 | - | - 0 | ||||
| **Total receipts ** | 230 |
- 0 | - 0 | 230 | - 0 | ||||
| A3 Payments | |||||||||
| Website | 230 | - | - | 230 | - | ||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| - 0 | - | - | - | - | |||||
| **Sub total ** | 230 |
- | - | 230 | - | ||||
| A4 Asset and investment purchases,(see table) |
|||||||||
| - 0 | - 0 | - 0 | - | ||||||
| - 0 | - 0 | - 0 | - | ||||||
| **Sub total ** | -0 |
-0 | -0 | - | - 0 | ||||
| **Totalpayments ** | 230 |
- 0 | - 0 | 230 | - 0 | ||||
| **Net of receipts/(payments) ** | - 0 |
- | - | - | - | ||||
| A5 Transfers between funds | - 0 | - | - | - | - | ||||
| A6 Cash funds lastyear end | - 0 | - | - | - | - | ||||
| **Cash funds thisyear end ** | - 0 |
- | - | - | - | ||||
| Section B Statement of assets and liabilities at the end of the period | |||||||||
| Categories | Details | Unrestricted funds |
Restricted funds | Endowment funds |
|||||
| to nearest £ | to nearest £ | to nearest £ | |||||||
| B1 Cash funds | 79 | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Total cash funds | 79 | - | - | ||||||
| (agree balances with receipts and payments account(s)) |
Agreement Error | OK | |||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
|||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| B2 Other monetary assets | - | - | - | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B3 Investment assets | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||
| B4 Assets retained for the charity’s own use |
- | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||||||
| B5 Liabilities | - | ||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval | ||||||
| R smith | Rosanna Smith | 24.07.26 | |||||||