Trustees’ Annual Report for the period
From 15.01.2020 To 31.03.2021 Charity name: Youth Forward Initiative
Charity registration number: 1187390
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the CIO are: (a) the prevention or relief of poverty (b) the advancement of education (c) the advancement of health (d) the advancement of citizenship or community development |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
In furthering its objects the CIO shall make grants to organisations which pursue the following charitable purposes for the public benefit: (a) to promote literacy, education and technical training for disadvantaged persons; (b) to prevent or relieve poverty by providing grants, items and facilities to individuals in need (and not for any private benefit), or by making grants to charities working to prevent or relieve poverty; (c) to advance good health for |
| disadvantaged communities, to train medical staff, improve health care and hygiene practices; and (d) to advance citizenship or community development by reinforcing the capacities of organisations from the civil society so that they are able efficiently to meet the needs of disadvantaged communities (and not for any private benefit) - in such countries as the charity trustees may from time to time designate. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission’s public benefit guidance. |
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 Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During this financial year, the Trustees have met frequently to complete the following activities: 1. Discuss and agree key grantmaking principles 2. Create policies for the management of risk, data, conflicts of interest and the safeguarding of beneficiaries 3. Establish an agreement (MOU) with a partner organisation for future collaboration in furtherance of the aims and objectives of the CIO. Due to the impact of the pandemic on the UK banking system, the CIO has not yet been able to distribute grant funding due to delays in opening a bank account. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The CIO is not yet operational, pending the opening of a bank account. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves policy will be set once the CIO is operational. |
| Amount of reserves held | Para 1.22 | 0 |
| Reasons for holding zero reserves |
Para 1.22 | The CIO is not yet operational, pending the opening of a bank account. |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are selected through nominations of the existing group of Trustees. New Trustees will be provided with key information regarding the activities and policies of the CIO and must satisfy the requirements of the CIO constitution section 10 regarding the appointment of Trustees. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | - Conflict of Interests - Risk Assessment - Safeguarding - Data Protection |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Youth Forward Initiative |
|---|---|
| Other name the charity uses | YFI |
| Registered charity number | 1187390 |
| Charity’s principal address | 10 FONTARABIA ROAD LONDON SW11 5PF |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mr Alexis Vincent Desclee de Maredsous |
Chair | |||
| Sir Tom Richard Vaughan Phillips K.C.M.G. |
||||
| Mrs Ishtar Thérèse Méjanès |
||||
– 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
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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
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) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Mr Alexis Vincent Desclee de Maredsous |
||
Chair |
||
| 16.11.21 | ||
| 16.11.21 |
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Youth Forward Initiative 1187390
Receipts and payments accounts CC16a
For the period 15.01.2020 31.03.2021
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
0 0 0 0 0
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total 0 0 0 0 0
Total receipts 0 0 0 0 0
A3 Payments
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 0 0 0 0 0
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total 0 0 0 0 0
Total payments 0 0 0 0 0
Net of receipts/(payments) 0 0 0 0 0
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 0 0 0 0 0
----- End of picture text -----
CCXX R1 accounts (SS)
16/11/2021
1
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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - 0 0 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - 0 0 Fund to which asset belongs Cost (optional) - - - - 0 Fund to which asset belongs Cost (optional) - - - - - - - - 0 Fund to which liability relates Amount due (optional) - - - - 0 Print Name Alexis Vincent de Maredsous |
Endowment funds to nearest £ - - - |
|---|---|---|---|
| 0 | |||
| OK | |||
| Endowment funds to nearest £ - - - - - 0 Current value (optional) - - - - 0 Current value (optional) - - - - - - - - 0 When due (optional) Date of approval 16.11.21 |
CCXX R2 accounts (SS)
16/11/2021
2