## **Trustees’ Annual Report for the period** **From 16/10/2020 (Period start date) To 31/03/2022 (Period end date) Charity name: Leadership 2025** ## **Charity registration number: 1191851** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote the elimination of discrimination
on the grounds of race and the
encouragement of equality of opportunity
between people of different racial groups
within the community, particularly in the area
of employment and training by:
1) conducting or commissioning research on
equality and diversity issues and publishing
the results to the public.
2) raising awareness of and providing
training to address barriers to equality of
opportunity in professional development in
the workplace.| |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|Our aim and purpose in the sector will be to
influence a cultural change and to take
responsibility in supporting talent.
The cultural change aims to achieve a
sector-wide mindset change that
understands and accepts that increasing
diversity makes business sense and makes
leadership teams more reflective of the
communities they serve. We see our role as
providing constructive challenge to the
sector and providing the tools for
organisations to implement change.
The supporting talent strand focuses on the
continued need to ensure that senior
managers from an ethnic minority
background can feel they are fully equipped
to become sector leaders.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The main objective of the charity is to
promote equality and diversity, achieving this
through providing educational opportunities
and promoting activities to foster
understanding between people from diverse
backgrounds. The trustees are confident in
confirming that should any personal benefit
arise from this, this will be incidental and can| play a part in feeding into research on equality and diversity issues (in terms of case studies to raise awareness), whilst also providing stories of outcomes from activities that encourage understanding between people from diverse backgrounds - all of which we will be able to publish to the public to achieve our objects. The trustees have had regard to the guidance issued by the Charity Commission on public benefit. ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A 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|Following the inductions of the new
Trustees, we had an away day in July 2021
to start developing our two-year business
plan. We then had a further session in late
September 2021 to finalise our key
objectives and start looking at our operating
model. During the reporting period, we have
recruited an additional six trustees, carried
out their induction and developed our
business plan.
Our business plan reinforces our aim to be
the catalyst of cultural change to create a
leadership of the housing sector that is
ethnically diverse. Our aim and purpose in
the sector will be to influence a cultural
change and to take responsibility in| supporting talent. The cultural change aims to achieve a sector-wide mindset change that understands and accepts that increasing diversity makes business sense and makes leadership teams more reflective of the communities they serve. We see our role as providing constructive challenge to the sector and providing the tools for organisations to implement change. The supporting talent strand focuses on the continued need to ensure that senior managers from an ethnic minority background can feel they are fully equipped to become sector leaders. We have had another cohort of six individuals successfully complete the leadership development programme. These individuals have completed the course and taken their learnings back to their workplaces and shared within their networks to bring about a public benefit. We are working with the trade press to increase the visibility of leaders from ethnic minority backgrounds in the written press and at conferences, with several Trustees sitting on their Editorial panel. |**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|During the reporting period, we spent time
on developing our business plan and our
action plan with our strategic objectives.| |Performance of fundraising
activities against objectives
set|Para 1.41|N/A| |Investment performance
against objectives|Para 1.41|N/A| |Other||N/A| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At year end, we have utilised our income on
consultancy and project management fees to
develop our business plan and action plan
and run the leadership development
programme.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Once our first business plan and initial set-
up of the newly formed charity has been
completed, we will raise additional funds to
help us achieve our objectives.| |Amount of reserves held|Para 1.22|£0| |Reasons for holding zero
reserves|Para 1.22|The initial funding helped to develop our
business plan, set-up the charity and
develop our action plan. We will raise
additional funds to help support the activities
of the charity. Since April 2022, we have
started reaching out to organisations
operating in the housing sector for funding.| |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|There is no uncertainty about the charity
continuing as a going concern as we have
secured additional funding from Housing
Associations from April 2022 onwards.| |**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 from Housing Associations and
other organisations operating in the social
housing sector| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A| |A description of the principal
risks facing the charity|Para 1.46|N/A| |Other||N/A| ## **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|The constitution states:
-
A maximum of 12 trustees.
-
In selecting individuals for appointment
as charity trustees, the charity trustees
must have regard to the skills,
knowledge and experience needed for
the effective administration of the CIO.
Applicants are asked to submit their CV and
cover letter, followed by an interview which
explores their motivations in more detail and
what they can contribute to the charity. The
recruitment process is robust to ensure that
the right people are selected to sit on the
Trustees’Board.| |**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|The charity trustees will make available to
each new charity trustee, on or before his or
her first appointment:
-
a copy of the current version of the
constitution; and
-
a copy of the CIO’s latest annual report,
annual accounts and Terms of
Reference.
New trustees are also provided an induction
by the Chair prior to the first Board meeting.| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity is run by the Trustees, led by the
Chair.| |Relationship with any related
parties|Para 1.51|N/A| |Other||N/A| ## **Reference and Administrative details** |Charity name|Leadership 2025| |---|---| |Other name the charity uses|N/A| |Registered charity number|1191851| |Charity’s principal address|8 Kew Bridge Road
Brentford
TW8 0FJ| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Olugbemiga
Olanrewaju|Chair|Whole period|N/A| ||Gina Amoh|Trustee|Wholeperiod|N/A| ||Elyse Hodgess|Trustee|01/04/2021 – ongoing|N/A| ||Sandra Skeete|Trustee|01/04/2021 – ongoing|N/A| ||SandySohal|Trustee|01/04/2021 – ongoing|N/A| ||Jitinder Takhar|Trustee|01/04/2021 – ongoing|N/A| ||Nathan Warren|Trustee|01/04/2021 – ongoing|N/A| ||Mark Washer|Trustee|01/04/2021 – ongoing|N/A| ||Kate Dodsworth|Trustee|16/10/2020 – 31/03/2021|N/A| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** N/A Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |N/A||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets The charity has no funds held as custodian trustees on held in this capacity behalf of others 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)** N/A ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details N/A ## **Other optional information** N/A ## **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**||| |---|---|---| ||Olugbemiga Olanrewaju|| ||
Chair|| ||31/01/2023|| ||31/01/2023|| ## **Charity Name Leadership 2025** **No (if any) 1191851** **Receipts and payments accounts For the period** Period start date **To from** 10/16/2020 Period start date 10/16/2020 Period end date **To** 3/31/2022 ## **Section A Receipts and payments** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Grant from Greater London Authority 33,750 - - 33,750
Grant from g15 (Housing Associations) 33,750 - - 33,750
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
67,500 - - 67,500
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 67,500 - - 67,500
A3 Payments
Consultancy and project management fees
67,500 - - 67,500
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 67,500 ] - - 67,500
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 67,500 - - 67,500
Net of receipts/(payments) - - - -
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end - - - -
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period** |||**Unrestricted**||**Restricted**| |---|---|---|---|---| |**Categories**|**Details**|**funds**||**funds**| |**B1 Cash funds**|Cash at bank
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**-**
**-**
**-**
**-**
OK|



OK|**to nearest £**
**-**
**-**
**-**
**-**| |||**Unrestricted**||**Restricted**| |||**funds**||**funds**| |**B2 Other monetary assets**|**Details**
N/A|**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|




|**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**| |**B3 Investment assets**|**Details**
N/A|**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**|| |**B4 Assets retained for the**|**Details**
N/A|**Fund to which**
**asset belongs**|**Cost (optional)**
**-**|| |**charity’s own use**|||






|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**| |**B5 Liabilities**|**Details**
N/A|**Fund to which**
**liability relates**|



|**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**| ## **Notes** There are no guarantee given by the CIO, where any potential liability under the guarantee is outstanding at the d There is no debt outstanding at the date the statement of assets and liabilities which is owed by the CIO and which Signed by one or two trustees on behalf of all the trustees Signature Print Name Olugbemiga Olanrewaju **----- Start of picture text -----**
CC16a
**----- End of picture text -----**
**----- Start of picture text -----**
Last year
**----- End of picture text -----**
**to the nearest £** **-** **-** **-** **-** **Endowment funds to nearest £ - - - -** OK ## **Endowment funds** **to nearest £** **-** **Current value (optional)** **-** **Current value (optional)** **-** **When due (optional)** date of the h is secured by Date of approval V3112023 CHARITY (OMMISSION FOR ENGL￿) AND w￿E5 Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to th• trusteMI members of Leadership 2025 On accounts for tho y•ar endod 3110￿2022 Charlty no 1191851 Sot out on page8 S¢¢ I report to the trustees on my examination of the acLounts of the above charity (Ihe Trust") for the year ended 3110312022. A8 the charitys trustees, you are responsible for preparation of the accounts in accordan(x with requirements of the Ch8rltles Act 2011 (ihe Acr). Re8ponslb11ft108 and ba8is of rep¢)rt I report in respect of my examination of the Twst's accounts carried out under section 145 of the 2011 Act and in carrylng out my eXamInat￿)n, I have followed all the applicable Directions given by the Charfty Commission under section 145(5Xb) of the Act. Ind•p•ndent I have (>)mpl8ted my examination. l o)nfimi that no material matter8 have oxamln•rfs $L￿m•nt come to my attentK)n in ￿nnectIOn wilh the examinatk)n (other than that dlsclosed below ') which gives me cause to bell6ve tt￿1 in, 8ny materlal the a¢￿UntIng records were not kept In accordan￿ with sectlon 130 of the Charities A(a.' or the acc4)unls did r￿t accord with the acwunting reLY•rd8; or the account8 did not comply with the appllGgble requirements conc*miThJ tre form and content of a¢￿)UnIS sel out in the Charfties (Accounts and Report8) Regulations 2008 other than any requirement Ihat the accounts give a 'true and fairf view which is not a matter considered as part of an Ir￿￿pendent examination. I have no o)ncems and have come across no other matters in connedon with the examination to which attention shoukl be drawn in thls report in order to enable a proper understanding of the acc￿ntS to be reathed. . Please delete th8 in trackets Ifthey do not ath. Signed: 3110112023 Namè: rek Joseph Relevant wofgsslonal qualifi¢atlon(sl or body IER IJ fCA. Oct 2018 (If any): i afl Section B Disclosure Onty complete rf the examiner needs to highlight material matters of concern (s88 CC32, Independent examination of charity accounts: directions and guidan￿ for examiners). Glve h9Te brlef d•taill of any Items that the oxaminer wishe8 to dlsclose. IER Oct 2018