2022-03-31-accounts - Youth Forward Initiative

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Trustees’ Annual Report for the period

From 01.04.2021 To 31.03.2022 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 This year the Trustees have been working on their grant making policy and procedures. 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. Discuss and plan work with partner organisations 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, and challenges faced with verifying the address of one Trustee when they moved house, the CIO has still 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	Though the bank account is not yet open, the Trustees have moved further ahead with receiving relevant advice about fundraising and grant distribution.
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 has a zero balance, 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 bank is open.
Amount of reserves held	Para 1.22	0
Reasons for holding zero reserves	Para 1.22	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 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	45 Elms Crescent LONDON SW4 8QE

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Mr Alexis Vincent Desclee de Maredsous	Chair
Sir Tom Richard Vaughan Phillips K.C.M.G.
William Harnden		22.07.2021 – 31.03.2022

– 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
	16.01.23
	16.01.23

	Youth Forward Initiative	Youth Forward Initiative	1187390
	Receipts andpayments accounts				CC16a
For	01.04.2021 the period from	To	31.03.2022

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ - - - - - - - - 0 - - 0 0 - - - - - - - - - 0 - - 0 0 0 - - 0	Restricted funds to the nearest £ - - - - - - - - 0 - - 0 0 - - - - - - - - - 0 - - 0 0 0 - - 0	Endowment funds to the nearest £ - - - - - - - - 0 - - 0 0 - - - - - - - - - 0 - - 0 0 0 - - 0	Total funds to the nearest £ - - - - - - - - 0 - - 0 0 - - - - - - - - - 0 - - 0 0 0	Last year to the nearest £
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	0				0

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	0				0
*Total receipts* A3 Payments
					0

	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*	0				0

A4 Asset and investment purchases, (see table)
	-
	-
*Sub total*	0				0
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					0

	0	0	0	0	0
	-	-	-	-	-
	-	-	-	-	-
	0	0	0	0	0

CCXX R1 accounts (SS)

29/01/2023

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 Details Details Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details	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 William Harnden	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
		Alexis Vincent de Maredsous	16.01.23
		William Harnden	16.01.23

CCXX R2 accounts (SS)

29/01/2023