YOUNG LEADERS ACADEMY LTD FORMERLYTHE WEST510E YOUNG LEADERS ACADEMY LTD REPORT AND ACCOUNTS 31 JULY 2022 Reg15tered Charlty No. IEnO•nd and Walesl-. 1181399 A Company Ilmlted by guarantee. Reg15tered In Enzland and W•les'. 08618888 Reglstered Olflce.. SBC House. Restmor Wavt Surrey SM6 7AH YOUNG LEADERSACAoeMYLTD FORM%RLYTHE WEST$l￿v￿N6 LEADERSACADEM¥ LID AOMINISTK4TIVE INFORMATION VTAR EFIOED 31&ULY ZOIZ REGISTEREDCHARtIYNUM6E i￿￿9* Ci)MPANV HEGLTrATrON NUM8ER.. REGISTEREOOFHCE 5BC Ho Restm￿WaY Swrry5M67AM %4TUROAY ACADEMIES NW103Rt4 iarthnSE64rY TRUSTEES. Orwlkarn H LewarOPhl OrMat* Rthrds sh￿ rI￿￿a5.￿￿pCknred >)Sept*nber2021 Mhtr4AfjEPAENTTE￿". YOUNG LEADERS ACADEMY LTD FORMERLY THE WESTSIOE YOUNG LEAOERS ACADEMY LTD REPORTOFTHE TRUSTEES YEAR ÉNDED 31 JULY 2Q22 The trustees present rhelr report wether wrth the financial statements of Youn8 Leaders Academy IYLAI for the year to 31 July 2022. el￿nce arA MI overnin ument YLA Is a cornpany Iirnited by 8u•rantee governed by its memorandum •nd artKles of •$50ciatioTh dated 16 Aprll 2018 as •mended by Special resolution registered at Companies House on 21 December 2018. The company registered as a charitv wlth the Charity Commlsslon Ir* En¢knd & Wales ICCEW) on 3 January 2019 under the ¢hartty number 1181399. The 6oard ol Trustees meet Quarter￿ to review the a￿l¥ltieS and financial postllon ol the charty. All 8ovefnance decisions ar* made by the Truste￿. The day io d•y work of the Charity is undertaken by the mana8ement tearn who work closely wlth the Trusiees. Polldes •do ed for th• ntrn•nt Ind n and tralnl of Tiurt New Trustees are appointed based on the skills and experienee thai they tan bring io the Board. The 8oard supports new Trustees through an Induction prott55 In whith new Trustees are made aware of their responsibilities as Individual Trustees and their Solni respoThsibilrt￿s a5 members of the 8oard. The 8oard follows the Charlty Commission's guldance in $gttlnR Out these respon4blllti*. A5soclat•d Or anl atlon YLA 15 (ommktted to and actlvely seeks to work in partnership wlth other like-minded or8anisatlons. Ob The obiectlves of YLA are.. - To Blve Students IBAME boys and w'rbl access to a unv4ue, culturally competent currltulum thoi enables them to develop a knowledge of self. Instll the tenets ol success In youn8 leadèrs at an (tar￿ 4•. To provide our young leaders wrth the skills and knowledge which w411 enable them to be successfvl In school and beyond. - Empowering ouryoung people to become the Thexl 8eneration olsuccessful leaders through rrainini and mentoring. M•mbers' Ilablll Members of the charity guarantee to contribute an amount noi exceeding Él to the assets of the (hartty in the event of windln8 up. The total numbe¢ ol such 8uaraniees at 31 2022 was f 3. YOUNG LEADERS ACADEkqY LTD FOMERIYTHE WE5TSIDE YOUNG LEAQERSACADEMVLTD RfPORTOFTHE TRUSTEES tant'd YEAR ENDED 3IJUIY2022 Achkvqfflwts p•rform•rte ttles th Our keyactiyities this year lrflu¢Jed.. - We establlshed a food tech progromme at the Wertskle Acadamy IWeStsklel. Thls Iw5 resthtd ￿ •ll ol the We5tside student5 l•arninB how to ¢ook a hea￿hY meal. . Delivered a'stand Up. Speak Out. w•sentatknl s&Mts Pr￿rImme •n(Iwhw'tTh. Our 'Prolert Genlus, Icareersl proy•mme rtsulted in the students wrt In wthshops tkirtots and wtb developer5. - Shaun W•llace ITht Chase) wlsited Westsk4e and del￿red 4 we(h robthnl people9r￿theirpareylts. - We delNered In out¢e¥ch leadership prc8rammt althtd at pnmary sthoc45 in Brent. - Westside and Lewisham Academystudents ￿Sited O¥lcrd Uni¥erslty. - We have established a ￿rtnerShIp ￿1h Stv*È Boardkngschod ￿001 t￿r sluderts ho￿￿Ppl￿d f￿bur￿lrI#s. - We look part In è lolnt'Youn8 Leaders Dav tslent sh￿1Wrth f•stsldÈYouTro Leade￿At•dry. - The Mayor of Lewishèm visited Lewisharn Acaderny - The MP for ltW￿l1am, Jaoèi Der￿. Lewi5ham Academy. - We held a joint Westslde and Lvwlsham **derny 'Fii io Lead. *clN41V •t Hydè P•ri wrth tyjr leaders Ind thelr lèm41es. . T%Yelve hundred students took part In ouroutTtath It•dw$￿'p9r0w•rnMe in Br¢nt. - W• dellvfrrèd ￿￿(k hlstorypresèntstHJns t0tr4*r W students in Bi4rf. - Our attendance h15 Increased to over 120 Siudents ISaturdayacademiESI. - One ofour students has r•celved a bjruryto artend Stow¢ tsoardi￿ Stho¢l. - su￿eSsIu1* bid lor lundlnÉ from ttho Sh•ftsbury Ent¢rpttse Grand and the Youn¢areni FtyJnd•th*. YOUNG LEADERS ACADEMY LTD FORMERLY THE WESTSIDE YOUNG LEADERSACADEMYITD REPORT OF THE TRUSTEE5 Corrt'rt YEAR ENDÉD 31 JULY2012 FknancSal r¢¥lew Thls financial yÈar YLA achieved total Income ffom Charitable acknvities ￿ E149.10412021- ÉS2.3831 of whlch £101,548 was restricted fund512021- £26.3831. Expenditure on chariiable actlvltie5 was £115.972 in 1022 12021 £32,783>. of which E87.933 related to restrlrted expenditure12021- £23.8271. Overall the charity had net surplus of fvnds of £33,13212021- £19.6031. There were net restricted funds toialliTh8 £13.61512021 £2,6711. The £arried forward fund balance at 31 July 2022 amounted to E65,014 12021 £31.8821,' w5th unrestrlcied funds totalling f47,62812021- £28.1111 and restricted fitnds totalling £17,38612021 £3,771). Future Work with partneT5 in lewtsham to esrabllsh a leadership acaderny in the borough. Rest•rt our after school pro8ramrne and tar8et the piovi5ion at secondary schoo15 In 8rent. - Dtllver an In-xhool programme and taryet primary and secondary schools in the 8rent Borough and beyond. Develop relation5hlps and partnershlps wrth industry and I￿$•neSses. Particularty ihose who are a￿e to offer mentois, Internships. work experience and apprenticeships. Create an in-house mentorln8 prograrnme which wlll ensure that all of the young leaders will recelve thtlr own Sndlvldu41 mentoring support. Rlsk min• The trustees continually ¢¥rry out an •naly51s of the rf5ks fKed by the orain15atlon. Mahor rlsks are forrn•lly considered by the Trustees dudng 80?rd Me￿ing$ and prevenlaiivt action Is undertaken where requlrtd. Rese The trustees have ex•mined the charhy's requirements the light ol the makn risk5 to the or4anlsatlon. It has esiabllshed a policy whereby unrestriaed funds held by the ¢harlty should cover 3 months operatln8 Costs, The present level of reserve$ 15 adequate to cover anticipated operatlng costs. YOUNG LEADERS ACAOEMY LTD FORMERLYTHE wE￿sIDE YOUNG LEADERS ACADEMY LTD REPORT OF THE TRUSTEE5 Cont'd YEAR ENDED 31 JULY 2022 Trnsie•s' r•sponslbllltl•s In relatltyi tothe fSn•nd•l 5tatemeffl¥ The trustees are required by cornpany law to prepare a finanryal statement for eath year which gives a true and fair view of the financial activities of the charity company and rts financial position for that period. In Ooing 50 the tru$ttts are required to. Select suitable accountlng policles and apply them con51Stently through the year.. Make sound judgements and estimares that are reasonable and prudent., State whether the policies adopted are In a¢¢ordance with the companie5 act 1985 •nd with applkable accountln$ stsndards and staternent of recornmended prartKe. 5ubjed io any maierial departures dlsclosed and explained In the n•n