2022-09-23-accounts

KMJ Foundation Charity Number: 1188368

Two Year Report and financial statements for the year ended 23 September 2023

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KMJ Foundation - Charity No: 1188368 - Trustees Report year ended 23 September 2022

CONTENTS

Reference and administrative information KMJ Foundation CIO 1188368Trustees Report year ended 23 September 2022

2

KMJ Foundation CIO Charity No 1188368 - Two-year report and financial statements for the year ended 31 March 2022.

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity number 1188368 Registered office and operational address 4 Central Close, Fartown. Huddersfield HD2 1DB for the reporting year 23 September 2022

Country of Registration England & Wales

Country of incorporation United Kingdom

Trustees Trustees, who served during the year and up to the date of this report were as follows: Phil James Chair Jacquie McMahon Feisal Jassat

Bankers N/A Independent N/A Examiner

KMJ Foundation CIO Charity No 1188368 - Two-year report and financial statements for the year ended 23 September 2022.

KMJ Foundation CIO Charity No 1188368 - Two-year report and financial statements for the year ended 31 March 2022.

STRUCTURE, GOVERNANCE & MANAGEMENT

KMJ Foundation CIO is registered as a Charity in March 2020. All Trustees give their time and receive no benefits from the Charity.

The Trustees review the aims, objectives, and activities of the Charity each year. The report looks at what the Charity has achieved and the outcomes of its work for the year ending 23 September 2022.

The Trustees report the success of each key activity and the benefits the Charity has brought to young people that it is set up to help. The report also helps the Trustees ensure the Charity aims, objectives and activities remain focused on its stated purposes.

Trustees will serve for a term of three years.

OBJECTIVES AND ACTIVITIES

Our Purposes and aims.

KMJ foundation exists to provide support for young people and individuals to develop a better sense of belonging and social purpose. Our objectives will achieve this by planned activities for changing lives; by reducing social isolation; by improving self-esteem; by improving wellbeing, by improving increasing young people access to their communities and broaden young people's life chances and opportunities. We will specialize in providing local services and direct support to those young people in need via befriending, counselling, social, art and creative activities in safe supportive environments.

Over the last 2 years we had aimed to do this by collaborating with partner agencies to develop a local service offer called Kam’s Corner . Our plan was to undertake a business planning ( In partnership with Kirklees Third Sector Leaders ) into what local Health and well-being activities existed for isolated and vulnerable young people. Once assessed/completed we would have developed our local services including eventually a community café drop in space, a peer led counselling service, helpline, low-cost training and events, information, and mentoring. Proposed activities are aimed at helping young people through practical and emotional challenges. We also would participate in community engagement activities to give young people a say in the matters that affect their lives.

KMJ Foundation CIO Charity No 1188368 - Two-year report and financial statements for the year ended 23 September 2022.

The Trustees have acknowledged the guidance contained in the Charity Commission's general guidance on public benefits when reviewing the Charity's aims and objectives and in planning its future activities. In particular, the Trustees have considered how planned activities will contribute to the aims and objectives that have been set. The Trustees are satisfied that KMJ Foundation will ensure its work fits within the definition of public benefit.

ACHIEVEMENTS AND PERFORMANCE

The period 24 September 2021 to 23 September 2022 was not without its internal and external challenges. Especially with the arrival of covid-19 Pandemic, the lack of access to funding and the closure of public amenities.

Our plans for the year 2022/2023 had initially been included.

1. Recruiting more Trustees (Collaborating with Volunteers Kirklees)

2. Open a Bank account with Lloyds Bank

3. Develop a Strategic Development Plan. (Via the Trustees)

4. Develop a Business Case

5. Training for Trustees

6. Undertaking a feasibility study for development of KMJ Foundation

7. Development of a fundraising strategy

8. Recruitment and Training of volunteers via Community events

The Charity started our development of its a new strategy which initially saw us begin talking to local/national agencies, the private sector, and Kirklees Council. The onset of the Pandemic in March 2020 – March 2022 forced us to operate within a limiting and challenging environment. There was little opportunity and scope for partnerships, or corporate sponsorship from local businesses during this period.

GOING FORWARD - SUMMARY OF KEY PLANS FOR 2022/2025:

• The completion of a feasibility study on the development of a service in Huddersfield and surrounding areas

• The Development of a costed Business Plan with Consultant support.

• The Development of an Advisory group

• Open a bank account.

• The Recruitment of a volunteer part time CEO

KMJ Foundation CIO Charity No 1188368 - Two-year report and financial statements for the year ended 23 September 2022.

• The Recruitment of New Trustees

• The Development of Policies and Procedures.

• The Development of a 3 - 5-year Funding Strategy.

• The Development of a drop in advice and information services

• The Development of KMJ Foundation’s offer

• The Development of a mentoring program.

• The Establishment of strategic relationships with key organizations in the statutory, private, and not for profit sector. Such as Kirklees Youth Alliance

• The Development of the website and social media presence wwwkmjfcio.co.uk

LEARNING

Without a doubt KMJ foundation has been through a tremendous series of challenges and setbacks over the last 30 months and faced obstacles to potential service delivery. To prevent such events in the future, the organization has learnt not to become overly reliant on goodwill based on individual relationships and instead will use formal agreements for volunteering roles to ensure accountability and allow for better management and stewardship of KMJ Foundation CIO projects.

FINANCIAL REVIEW

£0

PRINCIPAL RISKS AND UNCERTAINTIES

The Charity’s future financial model remains a key risk, given its future dependency on donations, trust and foundation income.

RESERVES POLICY AND GOING CONCERN

Trustees are committed to generating sufficient funds to support future organizational activities to meet the following requirements:

KMJ Foundation CIO Charity No 1188368 - Two-year report and financial statements for the year ended 23 September 2022.

• Safeguarding the Charity’s future service commitment in the event of delays in receipt of grants or other incomes.

• Providing a financial cushion against risk and future uncertainties.

• Resourcing the research and development of future services and initiatives.

The Trustees will establish a reserves policy to ensure that any reserves are able to fund the Charities proposed activities without unnecessary disruption because of peaks and troughs in potential income.

STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES

The Trustees are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accurately at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charity Act. We are also responsible for 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. Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up. The total number of Trustees on 23 September 2022 was three. The Trustees are members of the Charity, but this entitles them only to voting rights. The Trustees have no beneficial interest in the Charity.

The Trustees agreed to this Trustees’ annual report. And signed on their behalf by

Phil James Chair