Trustees’ Annual Report for the period
From 01/04/2021 Period start date To 31/03/2022 Period end date
Charity name: HIGHER POTENTIAL
Charity registration number: 1178146
Objectives and Activities
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SORP reference
Summary of the Para 1.17 To advance the education of
purposes of the charity music and arts of young people
as set out in its by enhancing their arts education
governing document including in higher or further
education and enabling their
personal development.
Summary of the main Para 1.17 and To help young people especially,
1.19
activities in relation to but not exclusively, those not in
those purposes for the education or employment, those
public benefit, in at risk of committing crime or
particular, the activities, becoming victims of crime, by
projects or services providing access to mentoring,
identified in the training and personal
accounts. development using our 2 fully
equipped recording studios.
Statement confirming Para 1.18 I can confirm the Trustees have
whether the trustees had regard to the guidance
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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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
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Para 1.38 Contribution made by volunteers Other
Achievements and Performance
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SORP reference
We have successfully completed a
large project funded by Brent
Council to support young people
Summary of the main most displaced as a result of
Para 1.20
achievements of the large-scale local development,
charity, identifying the We also provided activities that
difference the charity’s helps with the development of
work has made to the skills and that helps to build their
circumstances of its confidence and self-esteem
beneficiaries and any through our development
wider benefits to society programmes
as a whole.
We have partnered with Jason
Roberts Foundation to run joint
courses and are excited about
working future projects together
We are becoming more known in
our community aided with the
links we have formed with Kilburn
Police safer neighbourhood
teams and have been able to
demonstrate our position as a
trusted intermediary and liaison
body in the community.
We have made our centre more
accessible to the community by
partnering with other local
organisations to make use of our
multi-purpose space.
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Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 |
|---|---|
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Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
Review of the charity’s Para 1.21 Funds in 46466 financial position at the Expenditure 46099 end of the period Total net assets 0 Para 1.22 Amount of reserves held Para 1.22 0 Reasons for holding zero Para 1.22 All funds spent on activities reserves Details of fund materially Para 1.24 No deficit in deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
Additional information (optional)
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
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other
Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed or re-appointed and
methods including elected by members at AGM
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional)
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You may choose to include further statements where relevant about:
Trustees are inducted by being
taken through our accounts,
Policies and procedures policies and information on our
adopted for the Para 1.51 strategic direction.
induction and training of
trustees We access training sessions via
Young Brent Foundation to meet
our safeguarding responsibilities.
All new trustees meet with
existing trustees to understand
our direction, and broad
objectives are agreed for the
duration of their tenure.
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Higher Potential are members of
Young Brent Foundation who offer
Relationship with any Para 1.51 support, guidance and advice. We
related parties are also linked into our local CVS.
Other
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Reference and Administrative details
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Charity name Higher Potential
Other name the charity
uses
Registered charity 1178146
number
Charity’s principal 5 Hassop Road London NW2 6RX
address
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Duhaney Burke Chair
1
2 Denver Hamilton
3 Howard Buckley
4 Kita Ikoku (joined 1/4/2021)
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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
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Trustee name Dates acted if not for
whole year
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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)
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
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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) Duhaney Burke Position (eg Chair Secretary, Chair, etc)
Date 29/01/2023
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HIGHER POTENTIAL 1178146 2021-22 Receipts and payments accounts For the period 06-Apr-22 05-Apr-22 06-Apr-22 from
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 46,466 - - - 46,466 - - - 46,466 113 500 280 418 191 4,321 298 1,697 4,850 450 2,065 9,306 610 21,000 - 46,099 - - 46,099 367 - 367 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - 8,852 8,852 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 46,466 - - - 46,466 - - - 46,466 113 500 280 418 191 4,321 298 1,697 4,850 450 2,065 9,306 610 21,000 - 46,099 - - - 46,099 367 |
Last year to the nearest £ |
|
| Local Authority Funding (LBB) | 46,466 | 36,202 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) | 46,466 | 36,202 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 36,202 | ||||||
| Administration Cost | 113 | - | ||||
| Bidding Cost | 500 | - | ||||
| Building Security | 280 | |||||
| Chq 100016 | 418 | |||||
| Deep Clean | 191 | |||||
| Energy cost | 4,321 | |||||
| Event Cost | 298 | |||||
| Media Production | 1,697 | |||||
| Miscellenous Other | 4,850 | |||||
| Private Fuel | 450 | |||||
| Production Cost | 2,065 | - | ||||
| Project Manager | 9,306 | - | ||||
| Radio Advertising | 610 | - | ||||
| Rent Charge | 21,000 | - | ||||
| Prior Year Expense Charges | - | 27,350 | ||||
| **Sub total ** | 46,099 | 27,350 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 27,350 | ||||||
| 367 | - | - |
367 | 8,852 | ||
| - | - | - | - | - | ||
| 8,852 | - | 8,852 | - | |||
| 367 | 8,852 | - | 9,219 | 8,852 |
CCXX R1 accounts (SS)
30/01/2023
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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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Duhaney Burte Details Details Studio & Office Equipment Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 367 8,852 - - - - 367 8,852 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - Fund to which asset belongs Cost (optional) - 32,860 - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Duhaney Burte |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| 32,860 | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Duhaney Burte | Duhaney Burte | 30/01/2023 | |
CCXX R2 accounts (SS)
30/01/2023
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the Charity Name trustees/ members Higher Potential of 05[th] April 2022 Charity 1178146 On accounts for the no (if year ended any) Set out on pages (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 05/04/2021
Responsibilities and As the charity trustees of the Trust, you are responsible for the basis of report preparation 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 examiner's matters have come to my attention (other than that disclosed statement 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.
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Signed: Bonny Needham Date: 31/01/2023
Name: Bonny Needham
Relevant Financial Accountant
professional ACCA
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1
IER
October 2018
qualification(s) or body (if any):
Address: 109 Park Lane Harrow Middlesex
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
2
IER
October 2018
Give here brief I did have some concerns regarding the administration within the details of any items charity, I have advised the trustees that they should implement a that the examiner more robust policy and procedures in regards to documents and wishes to disclose . records keeping.
This has now been met and the trustee has made assurances this will be carried out going forward.
3
IER
October 2018