## **1182102** ## **CHANGING YOUTHS LIVES THROUGH FOOTBALL** **Report and financial statements for the period ended 31 March 2023** ## **CONTENTS** Reference and administrative information.......................................................... . 4 Trustees’ annual report ............................................ ............................................. 5 Receipts and Payments sheet ................................................................................ 3 # **Reference and administrative information for the period ended 31 December 2022.** ## **Charity number** - **1182102** ## **Operational address** - **146 Rosalind Court,** **Asgard Drive,** **Salford** **M5 4TG** **England** ## **Director** - **Wale Adekunbi** - ## **Trustees** **Trustees who served during the period from formation and up to the date of this report were as follows:** - **Dale Hick** - **Miguel Foster** - **Victoria Lloyd** - **Francess Lusack** ## **Bank** 4 ##  **Natwest Community Bank - Online** ## **Trustees Annual Report** The Changing Youth Lives Through Football, Trustees present their first report and the audited financial statements as a charitable incorporated organisation (CIO) for the charity’s first period ended 31 March 2023. Reference and administrative information set out on page 4 forms part of this report. The financial statements comply with current statutory requirements, the charity's trust deed and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. This report represents the first for the Changing Youths Lives Through Football ‘CYLTF’ as a newly incorporated charitable organisation. ## **Objectives and activities** The CYLTF Trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The CYLTF reports the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the CYLTF Trustees ensure the charity's aims; objectives and activities remained focused on its stated purposes. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. ## **Purposes and aims** CYLTF a proactive funder dedicated primarily to supporting vulnerable and disadvantaged via football in children and young people aged between 7 and 18. The provision of recreational and leisure time namely (football) activities provided in the interest of social welfare, designed to improve their conditions of life especially in underprivileged communities 5 Providing support and activities, which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. Providing equipment, sports clothing and footwear for the use of such young people, that has been donated, via various media channels CYLTF welcomes applications for joint work with other organisations and will work in partnership with other grant-makers wherever possible. ## **Achievements and performance** Due to a very difficult first year CYLTF have not been active as such, but work has been done in the background. ## **Plans for the future** CYLTF believes it made a significant contribution to the lives of many young people pre covid-19 and is well positioned to deepen our impact over the next twelve months going forward. In 20233, the Director and Trustees will hold their annual strategy meeting where it is envisioned that there will be substantial conversations about the future focus of the Trust, including both the capacity, donations and level of spend. ## **Public benefit** The Trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. The public benefit of the Charity’s activities is the support and enablement of vulnerable and disadvantaged children and young people and these are achieved principally by the award and monitoring of grants. ## **Financial review** The results for the CIO’s first period were not in line with the trustees’ expectations, with a balance of £0 mainly due to other commitments however we will push forward the following year, in the way of donations etc. ## **Risk** The major risks to which the Charity is exposed have been identified by the Trustees and procedures established to mitigate these risks are 6 monitored and reviewed regularly and have been recorded in the risk register. Finance risk by the preparation and monitoring of budgets; strategic risk by the maintenance of good practice in the allocation of grants; and operational risk and regulation compliance risk through the regular review of activities and the use of professional advisers. ## **Statement of Trustees’ responsibilities** Law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principals in the Charities SORP; - Make judgements and estimates that are reasonable and prudent; - State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 7