Trustees’ Annual Report for the period
From 31 October 2022 To 30 October 2023
Charity name: Leaders 4 Change
Charity registration number: 1188432
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | For the public benefit, the prevention or relief of poverty and the relief of homeless people by providing or assisting in the provision of education, training, healthcare projects, food, temporary shelter, and support designed to enable individuals to generate a sustainable income and be self- sufficient. |
| 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 |
General charitable purposes Education/training Disability The prevention or relief of poverty |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
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 | The charity engaged in low level fundraising activity via social media raising c. £3,600 over the year. This provides a firm footing for future planned activities. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end ofthe period |
Para 1.21 | Fundraising events led to almost £20k of income over the year, with expenditure beingminimal,relating to bankingfees |
| Statement explaining the policy for holding reserves statingwhytheyare held |
Para 1.22 | Unrestricted funds held in reserves |
| Amount of reserves held | Para 1.22 | £23,824 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| 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 | We are currently in preplanning phase to install our first set of modular homes. So, our fundraising has paused till we have the green light to move ahead. Once we do so, we have no concern about the longevity of our charity. |
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 | Funding to date has been via localised events. Research underway for a more stable continual form of income, to ensure future activity can be maintained. |
|---|---|---|
Leaders 4 Change
Registered Number 1188432
Balance Sheet as at 30 October 2023
| Notes Unrestricted Funds Bank fees To reserves |
2023 £ 2022 £ 23,884 23,445 (60) (87) 23,824 23,358 |
|---|---|
Leaders 4 Change
Registered Number 1188432
Balance Sheet as at 30 October 2023
| Notes Current Assets Creditors: amounts falling due within one year Net current assets (liabilities) Total assets less current liabilities Creditors: amounts falling due after more than one year` Total net assets (liabilities) Capital and reserves |
2023 £ 24,824 - 24,824 24,824 (1,000) 23,824 23,824 |
2022 £ 24,358 - 24,358 24,358 (1,000) 23,358 23,358 |
|---|---|---|
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed,royalcharter) |
Para 1.25 | CIO - Foundation |
| How is the charity constituted? |
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 | Based upon skillsets that will be of benefit to the charity |
Reference and Administrative details
| Charityname | Leaders 4 Change |
|---|---|
| Other name the charityuses | |
| Registered charitynumber | 1188432 |
| Charity’s principal address | Westwood Business Centre 98 Victoria Road North Acton LONDON NW10 6NB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Daniel Atkins | Chair | |||
| Andrew Martin Lonsdale |
Trustee | |||
| Andrew le Marinel |
Trustee | 4 February 2023 | ||
– 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 held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for 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 |
||
|---|---|---|
Daniel Atkins |
Andrew Martin Lonsdale | |
Chair |
Trustee - Finance | |
25 September 2024 |