## **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** |1
2
3
4
5
6
7
8
9
10
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12
13
14
15
16
17
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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.|||| ||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 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
**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 2