2020-12-31-accounts - Ys Journal

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			SORP reference
Summary	ofthe purposes	of	Para 1.17	To inspire and educate the next
the charity as set out in its				generation	ofyoung	scientists.
overnino	document
Summary activities	ofthe main in relation to those		Para 1.17and 1.19	Tooperate and publish a student led peer review science journal for 12 —20-year-
purposes	for the public			old students	in the UK and abroad. To
benefit, in particular, the gr tialitioe senior tc nr can»r ac IAVLI 1 IMVVy fJI VJVVlU Vl VVI IIVVV				organise a series of etIidentc. the n~ncrtI		conferences to allow ~nlty tn ~ac..ept tkcalr
identified	in the accounts.			research.
Statement	confirming		Para 1.18
whether the trustees have
had regard to the guidance
issued by	the Charity
Commission on public
benefit

Achiev	ements and Pe	rformance
		SARP rafaronra
			2020 was a challenging year globally. The
			journal continued to publish its work and
			support its students. We continue to
Summary ofthe main achievements ofthe charity, identifying the difference %e		Para 1.20	drive collaboration across many time zones, teaching young people to leverage digital collaboration tools and
charity's	work has made to		approaches. Our annual in person
the circumstances of its			conference was cancelled. However, our
beneficiaries and any wider			digital and social media teams ran a
benefits to society as a			number of new initiatives that created
whole.			engaging and educational content aligned to social issues, foi'~pie highlighting. the role ofblack scientists	in
			support ofthe Black Lives Matter
			mvvLIIIel ll.

Achievements against	Para 1.41
objectives set
Performance offundraising
activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Qther

Financia	Financia	l Review	l Review	l Review
Review of		the charity's				Para 1.21	Our reserves cover our minimum
financial position			at	the end			operating costs for at	least 2years. Our
ofthe period							reserves are still relatively low in relation
							to our aspiratiions, so	we are p)arming 8
							concerted fund-raising	drive through the
							202$-2022 financial year. Our ability to
							m8lA'tain 8 low overhead and I-tfndralse
							for projects is critical	to our long-term
							viability and this year	we have
							demonstrated that abili
Statement		explaining		the		Para 1.22	We strive to maintain	a level ofreserve
policy for	holding		reserves				that ensures the continuity ofoperations,
statin wh		the	are	held			Taco 1sin the
Amount of		reseirves		held		Para 1 22	We are current) hold	reserves ofR2499.
Reasons	for holding			zero		Para 1.22
reserves
Details of	fund materially				in	Para 1.24
deficit
Explanation		ot any				Para I.dd	We don't believe there	are any material
uncertainties about the							challenges to the organisation continuing.
charity continuing			as a going				as a going concern.
concern
Additional		information			(optional)
You ma	choose		to	include further statements			where relevant about:

The charity's principal
sources offunds (including		Para	1 47
any fundraising)
Investment policy and objectives including any		Para	1.46
social investment policy
adopted
h rIncr einiinn nf kahn nrinc I \ VVVVI IgllVI I Vl ll IV ft I	in+I V Plkl	D r	0	Aa Y '
risks facing the charity
Other

Description ofcharity's
trusts:
Type ofgoverning document	Para 1.25	Charitabie Objects
How is the charity	Para 1.25	CIO
constituted 7
Trustee selection methods	Para 1.25	New trustees are proposed	are elected by
!Aclucllng cletalis ofany		the current board oftrustees.
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Names an	d addresses ofadv	isers (Optional information)
Type of	Name	Address
adviser
Name of	chief executive or names ofsenior staff members		(Optional	information)