## **Olly’s Future AGM** Thursday 08/04/2021 at 7pm - via Zoom ## Attendees - _Ann Feloy (Chair)_ - _Ayesha Begum_ - _Callum Slatter_ - _Charlie Thomson (Secretary)_ - _Chris Hare_ - _Hannah Wood (Chair - Celebration)_ - _Marcus Comaski_ - _Nick Ames_ - _Olivia Buckland_ - _Oskar Schortz (Chair - Prevention)_ - _Otis Kirby - Dunkley_ - _Rory Keddie (Vice-Chair)_ - _Samuel Hare (Treasurer)_ - _Steve Wealthy_ - _Theo Clay_ - _Werwin Carlos_ - _Zeph Trent_ ## **1. Welcome** Ann welcomed everyone to the first AGM of Olly’s Future including Lauriance Mortier, our new Programmes and Communications Manager, Steve Wealthy, volunteer deputy treasurer and Nick Ames, media support. Everyone introduced themselves, with an explanation of their role, responsibilities and how they knew Oliver. Ann thanked Rory for sending out in advance a beautiful card with a picture of Oliver on and the agenda. ## - **2. Apologies** Hannah Taaffe ## **3. Chair’s Report - Ann Feloy** Welcome everyone to our first AGM as Olly’s Future charity. It’s a really proud moment for me but also a very emotional and heartfelt one. Proud because we have achieved so much together and emotional because we know we would give anything for Oliver to be here with us today, with his warmth, laughter, kindness and joy filling the room. Instead we are here in love and friendship, doing incredible work in Oliver’s memory while he pulls all the strings. I truly believe the training and the initiatives we have developed and deliver every week are saving lives and helping to change the culture of mental health in this country. 2 Our last AGM was as a society in September 2019. A few months later, we became a Charitable Incorporated Charity on January 2[nd] , 2020. Our application to the Charity Commission was approved in record time – less than a week – thanks to London-based solicitors Bates Wells Braithwaite acting pro bono. Anjelica Barbe was instrumental in making the connection. Who would have guessed that all the meetings we held subsequently, bar one, were to be via Zoom? It is a testament to our commitment to Olly’s Future, that our bonds have grown even stronger, despite not being able to meet up in person at our base at Uncommon, 1 Long Lane, Borough, London. I very much hope we will be able to return to meeting there soon. So, has 2020 been good for Olly’s Future in terms of our aims of suicide prevention and celebration/well-being through the arts, reflected in the work of our two committees. Our charity year mirrors the calendar year, so I hope you will indulge me to take us through the months chronologically, picking out some highlights, to see how we have fared. In January we held our one and only ‘in person’ fundraising event - the Sea Shanty Festival at Shoreham - where Charlie Thompson and I told a very large audience about our work and Oliver. In February, suicide prevention trainer Rose Allett and myself were able to deliver our one and only ‘face to face’ suicide prevention training we co-created, then called ‘Pressure of Success’, to rugby players at Cambridge University, arranged by Callum Slatter who has since come on board as part of the steering group. We were all deeply disappointed when, just a week before our annual ‘Olly’s Love and Light Party’ on March 21[st] , the country went into lockdown leading to the event being postponed and then cancelled. The hard work of the Celebration committee (Hannah Wood, Olivia Buckland, Claudia Spellman, Rory Keddie, Charlie Thomson and Werwin Carlos) cannot be underestimated but still around £2,500 was raised through the donation of the non-refunded ticket sales. A success but not as we had imagined. And, in an ingenious twist, money was raised for Olly’s Future via a virtual festival in August – The Great Connection Festival – which Rory was instrumental in organising with The Plight Club. It was literally a breath of fresh air, when in September we came together for our Olly’s Walk at Christ’s Hospital and met up with the friends we hadn’t seen in person all year. One of the reasons for becoming an ASIST trainer and wanting to develop a 90-minute session to equip people with the skills to ask about suicide, was because I wish I’d known how to help Oliver when he needed it most. Rose and I were determined to find a way to deliver our training via Zoom and started to deliver the newly named ‘Talking about Suicide – Ten Tools’ on line in May. Oskar Schortz and Callum Slatter helped with technical support during those spring and summer months, so that we were able to develop and refine the training to the level it is today. 3 Since then we have delivered this training to over 1,500 people, aged 18 and over, in organisations ranging from the YMCA, the Worshipful Company of World Traders, The Compassionate Friends, Fluxx, teachers, NHS workers and students. As part of the TAS10 training we play ‘Life Saving Conversations’, which make up an audio bank of co-produced, scripted conversations, recorded by actors, to demonstrate how these conversations might run. The development of these received over £7,000 in funding from the Sussex Health and Social Care Partnership and I was able to put to use my script writing skills to help others. The delivery and bookings of TAS10 now comes under TAS10 Ltd, set up by Rose and myself. We have built up a team of trainers, as well as emotional and technical support personnel. Otis Kirby-Dunkley is now one of our main trainers, and has delivered more than 24 TAS10s to first year medical students. I think Oliver would be greatly proud of his friend. Oliver and Olly’s Future is at the very heart of this training all donations from participants go directly to our charity. Dr SAMS (Suicide Awareness in Medical Students) incorporates the TAS10 training, and two other initiatives Olly’s Future has developed, namely hour-long self-reflective Care _Spaces_ and the incredibly powerful MENtal Health Open Mic Nights, which have been run every year by Ayesha Begum at UCL. The Dr SAMS trio of suicide prevention and wellbeing initiatives received £20,000 from the BMA Giving fund in June, to be delivered at the Brighton and Sussex Medical School during the 2020/21 academic year. Oskar and I wrote that initial bid and have just submitted a second bid for £38,000 to scale up this initiative to three more medical schools to support the doctors of tomorrow so that they can better help their future patients. Olly’s Future takes part in the week-long BMA International Conference of Physician Health in March. Lauriance Mortier, our newly appointed Programmes and Communications Officer, and I will attend to promote Dr SAMS to leading clinicians from all round the world. We will also be promoting Practise Hope, the primary care initiative to help 10 – 25 year olds who have thoughts of suicide or self-harm. As Patients Carer Lead for the initial pilot which was funded by Health Education England, I co-created the initiative and since October, Olly’s Future is delivering this directly to NHS Trusts. Again, because of Covid-19 restrictions, the initiative has come on leaps and bounds with all surveys and training sessions being delivered on line. Our digital manual is down to the expertise of our new member of staff, Laur. 4 As you know, I have been campaigning for a change in NICE guidelines to ensure that doctors do not prescribe anti-depressants to first time patients over the phone, as in Oliver’s case, so Practise Hope is a grassroots way of ensuring GPs improve their knowledge and skills when talking to young people. Fortunately, Our annual **UCL Oliver Hare Altruism Award** and the **Oliver Hare Cup** at Christ’s Hospital School were able to be awarded virtually to the winners. Our main focus is to prevent young suicide, particularly in transitional periods in their lives: from leaving school to entering further or higher education, from moving from education into the workplace and from going from family support networks to new homes and independence. This is the area in which we believe we can add the most value, and where our core as an organisation lies. We continue to be affiliated to the National Suicide Prevention Alliance, the SASP and I am also on the board of the Zero Suicide Alliance which is proud that more than 1,600,000 people have undergone its on-line automated training in suicide prevention. Our 2021-24 strategy was written during the 2020 Covid-19 pandemic. We are acutely aware that our work in saving precious young lives from suicide and promoting well-being through the arts is more important than ever. We are particularly concerned about the consequences on young people, whose mental health is suffering as a result of the pandemic. The Black Lives Matter protests also proved a catalyst in looking at our own organisation and a small team worked hard to create a Diversity and Inclusion Policy, included in our strategy. ## **Going Forward** We will continue our vital work in suicide prevention by increasing the reach of our three flagship initiatives. Our vision is that - every GP surgery runs Practise Hope, - every medical student attends Dr SAMS and - someone in every neighbourhood and community is equipped with the skills to help someone thinking of suicide by having attended our ‘Talking about Suicide - Ten Tools’ training. It’s a bold and ambitious vision but only in taking practical steps can we no longer live in a society where thousands of people take their lives every year. We cannot predict what the true impact of the coronavirus will be on the long term mental health of young people. However, Olly’s Future is committed to doing all that we can to stop amazing young people losing their lives to suicide. 5 And where celebration and wellbeing initiatives are concerned, we will also continue to run our wonderful awards, events and activities that celebrate Oliver and keep him at the heart of all we do. In many respects, the next three years will be a time to consolidate all the hard work that has gone into creating this lasting legacy for Oliver. Working more with partners and increasing our fundraising and visibility in the public eye will be important steps to develop now, to ensure our work gains greater support and recognition. I am enormously proud of all that has been achieved and am grateful to so many of Oliver’s friends for being on this journey with me. Oliver lives on in our hearts and will never be forgotten as long as we are here. Thanks to everyone here for playing their part. **Ann Feloy Chair - Olly’s Future.** ## **4. Adoption of Annual Report** The Chair’s report was proposed by Rory Keddie and seconded by Chris Hare and agreed unanimously. ## **5. Treasurer's Report - Samuel Hare** The treasurer presented the annual financial report as follows: Mone In: £40 518.68 TASIO £5,521 Ck)natlons £7,207.68 5liiyE- 12,bb8.Yb Grants £27.790 8MA. E20,tKM) NHS Ea51 Sussex- £7,7 Mone Out: £14 368.29 • Other Costs £1,562.79 Party Costs £1,125 People's fime £11,680.50 7 Samuel said that the accounts confirm the above in more detail. Other costs represent the running costs of Olly’s Future, including insurance, Google Drive etc. Current Balance at the time of the AGM is **£35,682.00** Income pending for Practise Hope. Warwickshire and Coventry NHS Trust = **£8,500.10** South West London NHS Trust = **£7,400.00** We have also applied for a BMA bid for Dr SAMS of **£38,000.00** and will know this outcome by July. Samuel said that if the grants and income continue to be bigger than salaries it will hold Olly’s Future in a great position. He said we continued to receive constant donations and these come through our website donation platform Stripe. Ann said that donations also came in from participants who attended ‘Talking About Suicide: Ten Tools’, however, these are small donations - £5, £10, £20 etc. 8 ## **Next Steps** - Increase fundraising activities and continue to write funding bids - Look at donations platforms such as Local Giving - Engage professional expertise to assist with major events, such as a one off A/B lister gig at the De La Warr Pavilion, Bexhill. - Engage more staff to help with the fundraising process ## **6. Ratification of Independent Examiner's Report** The Treasurer’s Report was proposed by Samuel and seconded by Charlie and agreed by the meeting. ## **Action:** Ann to sign and return the Independent Examiner’s Report to Lucrafts accountants for their signature and then to be deposited with the Charity Commission. ## **7. Election of committee roles** Ann stated most people would like to stay in their role and thanked them for their time and commitment ## **Chair:** Rory, as Vice Chair, momentarily took over the Chair to propose the re-election of Ann Feloy as Chair, seconded by Zeph. Agreed unanimously by the meeting. ## **Vice-Chair** : Rory Keddie stood again as Vice-Chair, proposed by Chris and seconded by Ayesha. Agreed unanimously by the meeting. ## **Treasurer** : Samuel Hare stood again as Treasurer, proposed by Otis and seconded by Oskar. Agreed unanimously by the meeting. ## **Secretary:** Hannah Wood was proposed by Charlie and seconded by Rory. Agreed unanimously by the meeting. 9 ## **Chair of Prevention Committee:** Oskar Schortz was proposed by Callum and seconded by Theo. Agreed unanimously by the meeting. ## **Chair of Celebration Committee:** Charlie Thomson was proposed by Werwin and seconded by Ayesha. Agreed unanimously by the meeting. ## **Member of staff:** Ann explained that Laur Mortier’s working hours were: - Monday - Thursday - 9:00 AM - 12:30 pm ## 8. **'Soft' launch of Olly's Future Three Year Strategy** Ann gave a brief introduction and walkthrough of the strategy which was created over at least six months with contributions from everyone on the steering group. She said it consolidated more than three years’ growth since forming Olly’s Future and it reflected the huge amount of work achieved. The ‘Communications’ policy and the ‘Diversity and Inclusion’ policy are appendices to the main strategy. Charlie complimented the design of the document and said he really appreciated how easy it was to read. Nick suggested requesting testimonials from award-winners, doctors, medical students and others involved in the initiatives. Zeph said he was really happy with the strategy and suggested it could be shared on the Olly’s Future website along with a link to the annual financial report. He suggested that setting out, in general terms, what the charity plans to do with the income helps supporters understand our work and our projections. The key message is that our finances are managed well, consciously and with donations being used wisely, such as for well-being events or donations to smaller charities that relate to our aligned beliefs. One example, Chris put forward, was for the route of **Olly’s Walk** around Christ’s Hospital in September to be made into a designated trail with a leaflet and good ‘all-weather’ signs 10 in Oliver’s memory. This would get people out into the countryside for their well-being. Olly’s Future branding would be on the signs as a reminder of the efforts taken by the charity. If Olly’s Future were to put in perhaps £2,000 towards the ‘all-weather’ signs the Heritage Lottery Fund would be more inclined to fund this project. A ‘Love and Light’ garden could be incorporated into the walk where someone could donate some of their land to be a part of the trail. ## **Action:** Sam and Zeph to review the financial sections of the strategy. All to review and send in comments by May 1st. Strategy to be agreed at the next steering group meeting in June. Ann to send off financial accounts and AGM minutes to the Charity Commission. Request testimonials from doctors, medical students and award-winners to include in the strategy ## **Steering Group Survey** Ann had put together a survey which was shared on-line in the chat during the meeting and ten minutes was given for people to complete it. Ann stated that everyone will be able to access the feedback from the survey. ## **AOB** Steve Wealthy and Saml to join Ann on Monday, 12th April for a meeting with the accountants. ## **Next AGM meeting** 7th April, 2022 Charity registration nulthr: 1187184 Olly's Future Charitable Incorporated Organisation Annual Report and Fit)anci&l Statements for the period from 2 Jonuary 2020 to 31 De¢¢mb¢r 2020 Lucraft Hodgson & Dawes LLP Ground Floor 9 N¢w Road Brighton East SusseA BNI IUF Olly's Future Contents Reftrence at)d AdrniDi5trative Details Tn￿te¢,8 Report Statement of Tn￿tee'S Re5poDsibiiities Independent Examiner'8 Report ststement of Financial Activities Bfjlanc¢ Sheet Notes to ¢he Financial Statemet 7tol Olly's Future Reference and Administrative Details Trustee Ann Feloy (appointed 2 January 2020) Trustees At)n Feloy, ChAir Theo Clay, Trustee Rory Kcddie, Trustee Aye5ha Brgurn* Trltstee Charlie ThoM8on, T￿￿tee Hannah Taff¢e, Trustee S8mvel Har¢, Tru$te¢ Zephan M A Trent, Tn￿tee Wenvin Carlos, Trustee Prlnelpal Offlce 10 Queen Street Place London EC4R IBE Ch4rity RegIstrAtIo￿ Number 1187184 Company Dumb¢r CE020182 Indepwdent Examiner L￿raft Hodg8on & Da￿￿ LLP Ground Floor 19 New Road Brighton Easl Su55eX BNI IUF P8g¢ I Ollyls Futhre Trustee's Report Tbe member presents the annual rwort togetlw with ihe flnancial statements of the charity for the period ended 31 Dectmb¢r 2020. Objectlves actlvltles Publ1¢ benefil The tnember confjrms that they have COTyySied with the requirem¢nt8 of secti¢m 4 of the Charities Aet 2011 to have due regard to the publi¢ benefit guidance publishcd by the Charity Commission for England Dnd Wales. Structure? gtsvernAllce and management N4lHre ofgoverlllng dociimenl Constitution adopttd 2nd January 2020. Th¢ antwal reportw4s approved by the member of the charity On signed on its behalf by.. Ann Feloy Tn￿tee Page 2 Olly's Future Statement of Trustee's Responslbllities The tN5¢ee is responsible for preparing the twstee's report and the financial sÉat¢m¢nls in a¢¢ordanc¢ with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to ch8rities requÉres Ébe tNstee to prepare financial statements for each financial period which give a true and fair view of the stat¢ of affairs of the ¢harity and of the incoming resources at oppli¢ation of re8our¢¢s of the eharity for ibat period. ID preparing these financial ststem¢Dls. th¢ tll¢mber is required to.. s¢lcot suitable accounting policies and th¢t) apply thun coJJsi6t¢ntly- observe the meihods and principles in the Charities SORP. make judgements and estimates tbat are reosollable and pn￿ettt. slate wheih¢r applicable accounting standard5 have been followed, subject lo eny tDat¢rtal departiires disclosed And ¢xplained tn the finaDcial statements. and prepare th¢ f1n8n¢i818tatemeT￿ on the going concem basis unles8 It is it)&ppropriate to pre8ume th8t tbe ¢harity will ¢onlit)ue in busin¢ss. The member is responsible for keeping proper accounting re¢ords that disclose with reasotlable accurAcy at any time the fJnan¢ial position of the charity and enable them to ensure that the finartcial statements comply with the Charities Act 2011, the Appli¢able Ch&ritie8 (Accounts 8nd Reports) RegutstlODS, and the provisions of the Constitution. The member 18 also responsible for saf¢guarding the 088et8 of th¢ cbarity aThJ hence for tsking reasonable steps for the prev¢ntjOD aDd dcteLlivn of fraud otber irregul#ritirs. Approved by the mettther of the Charity on fJl4..1..Lland signed on its behalf by.. Ann Feloy Trust¢¢ Page 3 Ollyls Future Independent Examlner's Report to the trustee of Olly's Future I report on the aceounts of the Charity for th¢ year ended 31 December 2020 which are 8et 0￿1 on pag¢8 5 10 11. Re5peetlve re8pon¥lbllltles of trustee And exAmlner The tru5te¢ is rc5pon5Lblc for tb¢ preparatiott of the a¢couDt$. Th¢ twst¢¢ ¢ODsid¢rs that on audit is not required for this ycar iwder section 144{2) of the Chorities Act 2011 (the 2011 Act) attd that an independent examinatio is needed. It is my r¢spot)sibility to.. examine the accounts under section 145 of the 2011 Act; to follow the proccdurcg laid down in tbe general Directions Eiven by the Charity Commissithh under section 145(5)(bl of the 2011 Act,. and to state wheth¢r particular matters havc ¢om¢ to my attcutlOD. Bas1$ of Independent ex*mlner'8 report My examination waB corried out in accordance with the general Directions given by the Charity Comtnission. An examinatioij includes a r¢vi¢w of the aceoullttn8 records kept by the charity and a comparison of the accounts presented with those records. It also includes cot)skd¢ration of any unvsual items or disclosw¢s in the accowils, and 8¢eking explattations from you as TJJember concerning ally 5ucIL matters. The procedw¢s tmdcrtak¢n do not provide all the evidence that would be required itt an audit and conscqucntly no opinion is given as to whethcr the aceounts presenl a 'true and fait view, and the report is Itmited to those matters sct out in the ncxt statern¢nt. llldependent examlDer's stat¢m¢Dt In connection with my ¢xaminatÈoJi, no matter has eon* to my artention.. (l) which gives me re#50nable Cause to believe thAt in ony material respect the requir¢nMts'. to keep accounting records in ac￿rd8￿Ce with sectlOD 130 of the Charities Act 2011., ond to prepare ac¢ounls which ￿￿Ord with the accounling records and comply with the accounting requirements of the 2011 Act have not be¢n n￿l- or (2) to which, in my Opinio￿ attention xhould be drawn ill order to enable a proper understanding of the aecoullts to be reached. Robert Bothwell Ground Floor 19 New Road Bri8bton East Sussex BNI IUF Date.. Page 4 Olly's Future Statement of Flnanclal Acdvltles for the Perlod from 2 January 2020 to 31 De¢ember 2020 Total 31 December 2020 Unrextrlcted Re5trleted Nole IDcome and EDdowments from: Grants Donations and legaci¢s Other tradhng activities 27,790 27,790 13,439 S,521 13,439 5,521 Total Jn¢om¢ 18,960 27,790 46,750 Expendlture on: Raising futtd$ Charitable È¢tivities (3,159) (404) (3,159) {11.209) (10.805) Total Expenditt￿¢ {3,563 10,805 14.368 Net movement in ￿lld8 15.397 16,985 32,382 Recon¢lllatloll of funds Tolal funds carried forward 15.397 16.985 32,382 Pag¢ 5 Olty's Future (Reglstratlon number: 1187184) Balanee Sheet as at 31 December 2020 31 DeeeJDber 2020 Note Current *s$ets Cash at batlk al￿ of the eharlty: Re8trlcted fu￿d8 16,985 Unrestrlcted lttcome funds u￿¢Stricted fiwds 15,397 Total futsds The financial st8tem¢nts on pa8es S to I I were approved by the , and authorised for i&8ue on8.19..i..l( and ¥igned ott Ih¢ir b¢half by.. Ann Feloy Trustee Phge 6 Olly'$ Future Notes to the Financial StY4tements for the Period from 2 January 2020 to 31 December 2020 l Atcounting politie Ch#rlty 8tAtus The ¢bariry is a charitable incorp(Trrat¢d orgallisation as defilled by aud in accordance with the Charities Act 2011. stAt•mtnt of Tomplianee The fjnancial statements haye been prcpared in accordance with Accountin8 and Reporting by CharAlies'. Statement of Recommendcd Practice applicablc to ¢h8rities preparing thcir accounts in accordance with the FingnciEI Rcporting Startéard applicoble An the UK and Rcpublic of treland (FRS 102) (efftctivc l January 2015) - (Chariti¢s SORP {FRS 102)), the Finallcial Reportittg Stsndard applicable in the UK and Republi¢ of Ir¢land IFRS 102) attd the Ctthriti¢$ A¢t 2011. BA$i$ fjf prep4r8ti0 Olly's Future meets the dcfinition of a publi¢ benefit entity under FRS 102. Assets and liabilitics are initially recogtiised at historical cost or trdllSaclion value WLie5s otheTWi$¢ $tat¢d in the relevant accounlit)g policy notes. The fmancial statement8 are prepared a reccipts aDd paymeDl$ basis. Eiemptlon from preparing a cHsh noTV $tstemetht Th¢ charity opted to early adopt Bulletin I published OD 2 February 2016 and have therefore not included a ¢ash flow $lat¢ment in these financial statements. GolDg CODcerD The trustee Consider that there are no mat¢rial wi¢¢rtointie5 about tbe charitys ability to eontinue as a 80ill8 ¢oo¢ern. Ineom¢ Voluntsry income including donations. gifts, legacies and grants that provide core funding or are of a general nature is Tecogt)ised upon receipt. Expertdlthre All ¢xp¢nditur¢ is recognised upon Pa￿n¢￿t. All costs are allocateil to the applicable ¢xpendittwe heaOiDg that aggregate similar costs to that category. Where costs Cannot b¢ dir¢ctly attributed to parti¢ul&r heading8 they have been allocated ott a bASiS consistent wilh the u8e of resources, with central staff eosts allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's us¢. Other support costs are llocated based on the spre8d of stoff costs. Rtsisingfund These are costs incurred in attracttng voluntsry in¢ome, the management of investments and those incurred iti trading 8¢tiviti¢s that raise fithds. Chorlrfttble 4¢11vitses Charitabl¢ expenditure comprises those costs incurred by the eharity in th¢ d¢liv¢ry of it$ activities and services for its beneficiaries. It in¢lud¢s both costs that can be allocat¢d directly lo such artivities and those cosi8 of an indirect nature necessary to 5UPPOTt them. Page 7 Olly's Future Notes to the Flnancl#l Statements for the Period from 2 January 2020 to 31 December 2020 Support costs Support ¢osts Énclude certtral functions and have been allocaied to activity cost ¢ategories on 8 basis consistent wsth th¢ use of resour¢es, for example, allocoting property ¢08ts by floor area8, OT per ￿pita, staff costs by the tim¢ 8p¢nt and other costs by theirusage. Govern#tt¢e fosls These include the costs attributablc lo the chartty's ¢omplian¢¢ wilh ¢otJ$li￿t1ona1 and statutory requiren*nt8, including audit, strategic management and trustee's meetings and reimbursed expenses. T*xAtlon The charity 18 considered to pass the tesls s¢t oul in Paragraph I Schedule 6 of the Finartee Act 2010 and therefore li meets the definition of a Charitable company for UK corporation tax purpose8, Accordingly, the charity is potentially exempt from taxation in respect of incoTne or capital gains received within ¢ategories ¢oYered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the ext¢nt that such income or gains are applied exclusively to charitable purposes. Cash and ¢ftsh equlvAlettts Cash and cash equivalents ¢onJprise cash on hand and call deposit$, atid other short-tenn highly liquid investments that are readily convertible to a known amount of cash and are subject to alk insigtiificant risk of change in value. Fund structure Unrestricted income Djnds are general funds that 8re available for u8e at the trustee's discretion in furtheraDce of the objectives of the charity. R¢stri¢ted illcome fimds are those donated for u8e in a particular area or for specific PUryK>se5. the use of whi¢h is restricted to that ar¢a or pu￿05¢. 2 In¢ome from dongthbn6 Attd leiaeles Unrestrlcted fvnd8 Tot81 JI De¢¢mber 202 RestrS¢t¢d funds General Donations And Icgacies. Donations from itthividua15 Grants. illeluditt8 capital 8rantS' Grants f￿rn other chariti¢$ 13.439 13.439 27.790 27,790 13,439 27,790 41.229 Page 8 OIIy'8 Future Notes to the Financial Statements for the Period from 2 January 2020 to 31 December 2020 3 1n¢ome from other tradlllg actlvfitle5 Unrestrleted fuDd8 Total 31 December 2020 Trading income. Other traditt8 activities S.521 5,521 5,521 5,521 4 Expendlture on r41slng thnds a) Co$t5 of gener#thig don#tlon$ And legacles Urtrestrleted funds Tot¥1 31 Decembey 2020 General Note Donations Allocated sw)port costs 2.643 518 2,643 518 3,161 3,161 b) Cosls of trading wctivltles UnY¢$tricted funds Total 31 De£ember 2020 General Note Allocat¢d support costs 402 402 402 402 PBg¢ 9 OIIy'8 Future Noles to the Flnan¢lal Statements for the Period from 2 January 2020 to 31 December 2020 Total 31 Deeember 2020 5 AnY41ysls of governantt I￿ppOrt costs GoYernan¢e costs Tot*1 31 Decemb¢r 2020 Restrlcted funds Trustee remuneration and ¢xpenses 2.400 2,400 2.400 2.400 6 TAxa(lon The charity is a registered charity and is theT¢fore ¢x¢mpt from taxation. 7 Fund8 Balanee at 31 December 2020 Incoll￿ng re50urce5 Re50uree5 expettded Unrestricted General {18,960) 3,563 (15,3971 6,985 Restrlcted thDd5 (27,790) 10.805 TotRI fuDds 46,750 14.368 32.382 8 Amalysls frf nel 8$set$ between fund8 u￿reStrIcted fund3 General Totsl funds Current assets 32,382 32,382 Pag¢ 10 Olly's Future Notes to the Flnanelal Statements for the Perlod from 2 January 2020 to 31 Deeember 2020 g Analysls of ￿et fMlld$ At 2 J•Duary 2020 At 31 December 2020 Cmgh IID Cash at bank al￿ ill hand 32,382 32.382 Net ￿ndS J2,382 32,382 Pagell Charity registration nulthr: 1187184 Olly's Future Charitable Incorporated Organisation Annual Report and Fit)anci&l Statements for the period from 2 Jonuary 2020 to 31 De¢¢mb¢r 2020 Lucraft Hodgson & Dawes LLP Ground Floor 9 N¢w Road Brighton East SusseA BNI IUF Olly's Future Contents Reftrence at)d AdrniDi5trative Details Tn￿te¢,8 Report Statement of Tn￿tee'S Re5poDsibiiities Independent Examiner'8 Report ststement of Financial Activities Bfjlanc¢ Sheet Notes to ¢he Financial Statemet 7tol Olly's Future Reference and Administrative Details Trustee Ann Feloy (appointed 2 January 2020) Trustees At)n Feloy, ChAir Theo Clay, Trustee Rory Kcddie, Trustee Aye5ha Brgurn* Trltstee Charlie ThoM8on, T￿￿tee Hannah Taff¢e, Trustee S8mvel Har¢, Tru$te¢ Zephan M A Trent, Tn￿tee Wenvin Carlos, Trustee Prlnelpal Offlce 10 Queen Street Place London EC4R IBE Ch4rity RegIstrAtIo￿ Number 1187184 Company Dumb¢r CE020182 Indepwdent Examiner L￿raft Hodg8on & Da￿￿ LLP Ground Floor 19 New Road Brighton Easl Su55eX BNI IUF P8g¢ I Ollyls Futhre Trustee's Report Tbe member presents the annual rwort togetlw with ihe flnancial statements of the charity for the period ended 31 Dectmb¢r 2020. Objectlves actlvltles Publ1¢ benefil The tnember confjrms that they have COTyySied with the requirem¢nt8 of secti¢m 4 of the Charities Aet 2011 to have due regard to the publi¢ benefit guidance publishcd by the Charity Commission for England Dnd Wales. Structure? gtsvernAllce and management N4lHre ofgoverlllng dociimenl Constitution adopttd 2nd January 2020. Th¢ antwal reportw4s approved by the member of the charity On signed on its behalf by.. Ann Feloy Tn￿tee Page 2 Olly's Future Statement of Trustee's Responslbllities The tN5¢ee is responsible for preparing the twstee's report and the financial sÉat¢m¢nls in a¢¢ordanc¢ with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to ch8rities requÉres Ébe tNstee to prepare financial statements for each financial period which give a true and fair view of the stat¢ of affairs of the ¢harity and of the incoming resources at oppli¢ation of re8our¢¢s of the eharity for ibat period. ID preparing these financial ststem¢Dls. th¢ tll¢mber is required to.. s¢lcot suitable accounting policies and th¢t) apply thun coJJsi6t¢ntly- observe the meihods and principles in the Charities SORP. make judgements and estimates tbat are reosollable and pn￿ettt. slate wheih¢r applicable accounting standard5 have been followed, subject lo eny tDat¢rtal departiires disclosed And ¢xplained tn the finaDcial statements. and prepare th¢ f1n8n¢i818tatemeT￿ on the going concem basis unles8 It is it)&ppropriate to pre8ume th8t tbe ¢harity will ¢onlit)ue in busin¢ss. The member is responsible for keeping proper accounting re¢ords that disclose with reasotlable accurAcy at any time the fJnan¢ial position of the charity and enable them to ensure that the finartcial statements comply with the Charities Act 2011, the Appli¢able Ch&ritie8 (Accounts 8nd Reports) RegutstlODS, and the provisions of the Constitution. The member 18 also responsible for saf¢guarding the 088et8 of th¢ cbarity aThJ hence for tsking reasonable steps for the prev¢ntjOD aDd dcteLlivn of fraud otber irregul#ritirs. Approved by the mettther of the Charity on fJl4..1..Lland signed on its behalf by.. Ann Feloy Trust¢¢ Page 3 Ollyls Future Independent Examlner's Report to the trustee of Olly's Future I report on the aceounts of the Charity for th¢ year ended 31 December 2020 which are 8et 0￿1 on pag¢8 5 10 11. Re5peetlve re8pon¥lbllltles of trustee And exAmlner The tru5te¢ is rc5pon5Lblc for tb¢ preparatiott of the a¢couDt$. Th¢ twst¢¢ ¢ODsid¢rs that on audit is not required for this ycar iwder section 144{2) of the Chorities Act 2011 (the 2011 Act) attd that an independent examinatio is needed. It is my r¢spot)sibility to.. examine the accounts under section 145 of the 2011 Act; to follow the proccdurcg laid down in tbe general Directions Eiven by the Charity Commissithh under section 145(5)(bl of the 2011 Act,. and to state wheth¢r particular matters havc ¢om¢ to my attcutlOD. Bas1$ of Independent ex*mlner'8 report My examination waB corried out in accordance with the general Directions given by the Charity Comtnission. An examinatioij includes a r¢vi¢w of the aceoullttn8 records kept by the charity and a comparison of the accounts presented with those records. It also includes cot)skd¢ration of any unvsual items or disclosw¢s in the accowils, and 8¢eking explattations from you as TJJember concerning ally 5ucIL matters. The procedw¢s tmdcrtak¢n do not provide all the evidence that would be required itt an audit and conscqucntly no opinion is given as to whethcr the aceounts presenl a 'true and fait view, and the report is Itmited to those matters sct out in the ncxt statern¢nt. llldependent examlDer's stat¢m¢Dt In connection with my ¢xaminatÈoJi, no matter has eon* to my artention.. (l) which gives me re#50nable Cause to believe thAt in ony material respect the requir¢nMts'. to keep accounting records in ac￿rd8￿Ce with sectlOD 130 of the Charities Act 2011., ond to prepare ac¢ounls which ￿￿Ord with the accounling records and comply with the accounting requirements of the 2011 Act have not be¢n n￿l- or (2) to which, in my Opinio￿ attention xhould be drawn ill order to enable a proper understanding of the aecoullts to be reached. Robert Bothwell Ground Floor 19 New Road Bri8bton East Sussex BNI IUF Date.. Page 4 Olly's Future Statement of Flnanclal Acdvltles for the Perlod from 2 January 2020 to 31 De¢ember 2020 Total 31 December 2020 Unrextrlcted Re5trleted Nole IDcome and EDdowments from: Grants Donations and legaci¢s Other tradhng activities 27,790 27,790 13,439 S,521 13,439 5,521 Total Jn¢om¢ 18,960 27,790 46,750 Expendlture on: Raising futtd$ Charitable È¢tivities (3,159) (404) (3,159) {11.209) (10.805) Total Expenditt￿¢ {3,563 10,805 14.368 Net movement in ￿lld8 15.397 16,985 32,382 Recon¢lllatloll of funds Tolal funds carried forward 15.397 16.985 32,382 Pag¢ 5 Olty's Future (Reglstratlon number: 1187184) Balanee Sheet as at 31 December 2020 31 DeeeJDber 2020 Note Current *s$ets Cash at batlk al￿ of the eharlty: Re8trlcted fu￿d8 16,985 Unrestrlcted lttcome funds u￿¢Stricted fiwds 15,397 Total futsds The financial st8tem¢nts on pa8es S to I I were approved by the , and authorised for i&8ue on8.19..i..l( and ¥igned ott Ih¢ir b¢half by.. Ann Feloy Trustee Phge 6 Olly'$ Future Notes to the Financial StY4tements for the Period from 2 January 2020 to 31 December 2020 l Atcounting politie Ch#rlty 8tAtus The ¢bariry is a charitable incorp(Trrat¢d orgallisation as defilled by aud in accordance with the Charities Act 2011. stAt•mtnt of Tomplianee The fjnancial statements haye been prcpared in accordance with Accountin8 and Reporting by CharAlies'. Statement of Recommendcd Practice applicablc to ¢h8rities preparing thcir accounts in accordance with the FingnciEI Rcporting Startéard applicoble An the UK and Rcpublic of treland (FRS 102) (efftctivc l January 2015) - (Chariti¢s SORP {FRS 102)), the Finallcial Reportittg Stsndard applicable in the UK and Republi¢ of Ir¢land IFRS 102) attd the Ctthriti¢$ A¢t 2011. BA$i$ fjf prep4r8ti0 Olly's Future meets the dcfinition of a publi¢ benefit entity under FRS 102. Assets and liabilitics are initially recogtiised at historical cost or trdllSaclion value WLie5s otheTWi$¢ $tat¢d in the relevant accounlit)g policy notes. The fmancial statement8 are prepared a reccipts aDd paymeDl$ basis. Eiemptlon from preparing a cHsh noTV $tstemetht Th¢ charity opted to early adopt Bulletin I published OD 2 February 2016 and have therefore not included a ¢ash flow $lat¢ment in these financial statements. GolDg CODcerD The trustee Consider that there are no mat¢rial wi¢¢rtointie5 about tbe charitys ability to eontinue as a 80ill8 ¢oo¢ern. Ineom¢ Voluntsry income including donations. gifts, legacies and grants that provide core funding or are of a general nature is Tecogt)ised upon receipt. Expertdlthre All ¢xp¢nditur¢ is recognised upon Pa￿n¢￿t. All costs are allocateil to the applicable ¢xpendittwe heaOiDg that aggregate similar costs to that category. Where costs Cannot b¢ dir¢ctly attributed to parti¢ul&r heading8 they have been allocated ott a bASiS consistent wilh the u8e of resources, with central staff eosts allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's us¢. Other support costs are llocated based on the spre8d of stoff costs. Rtsisingfund These are costs incurred in attracttng voluntsry in¢ome, the management of investments and those incurred iti trading 8¢tiviti¢s that raise fithds. Chorlrfttble 4¢11vitses Charitabl¢ expenditure comprises those costs incurred by the eharity in th¢ d¢liv¢ry of it$ activities and services for its beneficiaries. It in¢lud¢s both costs that can be allocat¢d directly lo such artivities and those cosi8 of an indirect nature necessary to 5UPPOTt them. Page 7 Olly's Future Notes to the Flnancl#l Statements for the Period from 2 January 2020 to 31 December 2020 Support costs Support ¢osts Énclude certtral functions and have been allocaied to activity cost ¢ategories on 8 basis consistent wsth th¢ use of resour¢es, for example, allocoting property ¢08ts by floor area8, OT per ￿pita, staff costs by the tim¢ 8p¢nt and other costs by theirusage. Govern#tt¢e fosls These include the costs attributablc lo the chartty's ¢omplian¢¢ wilh ¢otJ$li￿t1ona1 and statutory requiren*nt8, including audit, strategic management and trustee's meetings and reimbursed expenses. T*xAtlon The charity 18 considered to pass the tesls s¢t oul in Paragraph I Schedule 6 of the Finartee Act 2010 and therefore li meets the definition of a Charitable company for UK corporation tax purpose8, Accordingly, the charity is potentially exempt from taxation in respect of incoTne or capital gains received within ¢ategories ¢oYered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the ext¢nt that such income or gains are applied exclusively to charitable purposes. Cash and ¢ftsh equlvAlettts Cash and cash equivalents ¢onJprise cash on hand and call deposit$, atid other short-tenn highly liquid investments that are readily convertible to a known amount of cash and are subject to alk insigtiificant risk of change in value. Fund structure Unrestricted income Djnds are general funds that 8re available for u8e at the trustee's discretion in furtheraDce of the objectives of the charity. R¢stri¢ted illcome fimds are those donated for u8e in a particular area or for specific PUryK>se5. the use of whi¢h is restricted to that ar¢a or pu￿05¢. 2 In¢ome from dongthbn6 Attd leiaeles Unrestrlcted fvnd8 Tot81 JI De¢¢mber 202 RestrS¢t¢d funds General Donations And Icgacies. Donations from itthividua15 Grants. illeluditt8 capital 8rantS' Grants f￿rn other chariti¢$ 13.439 13.439 27.790 27,790 13,439 27,790 41.229 Page 8 OIIy'8 Future Notes to the Financial Statements for the Period from 2 January 2020 to 31 December 2020 3 1n¢ome from other tradlllg actlvfitle5 Unrestrleted fuDd8 Total 31 December 2020 Trading income. Other traditt8 activities S.521 5,521 5,521 5,521 4 Expendlture on r41slng thnds a) Co$t5 of gener#thig don#tlon$ And legacles Urtrestrleted funds Tot¥1 31 Decembey 2020 General Note Donations Allocated sw)port costs 2.643 518 2,643 518 3,161 3,161 b) Cosls of trading wctivltles UnY¢$tricted funds Total 31 De£ember 2020 General Note Allocat¢d support costs 402 402 402 402 PBg¢ 9 OIIy'8 Future Noles to the Flnan¢lal Statements for the Period from 2 January 2020 to 31 December 2020 Total 31 Deeember 2020 5 AnY41ysls of governantt I￿ppOrt costs GoYernan¢e costs Tot*1 31 Decemb¢r 2020 Restrlcted funds Trustee remuneration and ¢xpenses 2.400 2,400 2.400 2.400 6 TAxa(lon The charity is a registered charity and is theT¢fore ¢x¢mpt from taxation. 7 Fund8 Balanee at 31 December 2020 Incoll￿ng re50urce5 Re50uree5 expettded Unrestricted General {18,960) 3,563 (15,3971 6,985 Restrlcted thDd5 (27,790) 10.805 TotRI fuDds 46,750 14.368 32.382 8 Amalysls frf nel 8$set$ between fund8 u￿reStrIcted fund3 General Totsl funds Current assets 32,382 32,382 Pag¢ 10 Olly's Future Notes to the Flnanelal Statements for the Perlod from 2 January 2020 to 31 Deeember 2020 g Analysls of ￿et fMlld$ At 2 J•Duary 2020 At 31 December 2020 Cmgh IID Cash at bank al￿ ill hand 32,382 32.382 Net ￿ndS J2,382 32,382 Pagell