## **Trustees’ Annual Report for the period** **From 01/04/2022 (Period start date) To 31/03/2023 (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 continue
to 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|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
Trustees have spoken at various
conferences and networking events and
had a stand at the NHF Housing Summit in
September to raise awareness of the
charity’s work across the UK.
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 five 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.
The Trustees organised an event to
celebrate the successful completion of the
course. This also provided an opportunity
for the alumni members to network and
meet sector leaders. The Trustees have
decided to review the leadership
programme before rolling out the next
iteration.
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.
We have also approached the housing
sector for funding to ensure the long-term
sustainability of the charity.| |**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 had
another cohort of individuals successfully
complete the intensive leadership
development programme.
We have also started scoping out how we
can support housing associations more to
bring about change at the senior levels of
the organisation.| |Performance of fundraising
activities against objectives
set|Para 1.41|This year, the Trustees have started
reaching out to the Housing Associations
for sponsorship. The Trustees will continue
to reach out the wider sector for
sponsorship.| |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 some of our
income on consultancy and project
management fees to implement our action
plan and run the leadership development
programme.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held for the charity to
continue implementing its action plan over
the coming year| |Amount of reserves held|Para 1.22|£80,000| |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|There is no uncertainty about the charity
continuing as a going concern as we have
sufficient reserves.| |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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| |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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|Wholeperiod|N/A| ||Sandra Skeete|Trustee|Wholeperiod|N/A| ||SandySohal|Trustee|Wholeperiod|N/A| ||Jitinder Takhar|Trustee|Wholeperiod|N/A| ||Nathan Warren|Trustee|Wholeperiod|N/A| ||Mark Washer|Trustee|Wholeperiod|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)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |N/A||| 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|| ||24/01/2024|| ||24/01/2024|| |**Charity Name**||**No (if any)**||| |---|---|---|---|---| |**Leadership 2025**||**1191851**||| |**Receipts andpayments accounts**||||**CC16a**| |**For the period**
**from**|Period start date
01/04/2022|Period end date
**To**
31/03/2023||| |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**92,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**92,000**
**-**
**-**
**-**
**92,000**
**12,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**12,000**
**-**
**-**
**-**
**12,000**
**80,000**
**-**
**-**
**80,000**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**92,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**92,000**
**-**
**-**
**-**
**92,000**
**12,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**12,000**
**-**
**-**
**-**
**12,000**
**80,000**|**Last year**
**(16/10/2020 -**
**31/03/2022)**
**to the nearest £**| |Income from HousingAssociations|**92,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**-**| |Grant from Greater London Authority|**-**||||**33,750**| |Grant fromg15(HousingAssociations)|**-**||||**33,750**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**92,000**||||**67,500**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| ||**-**||**-**
**-**
**-**||| ||**-**||||**-**| |**_Sub total_**|**-**||||**-**| |**_Total receipts_**
**A3 Payments**|||||| ||||**-**||**67,500**| ||||||| |Consultancy and project management fees|**12,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**67,500**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_ **|**12,000**||||**67,500**| ||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||| ||**-**||**-**
**-**
**-**||| ||**-**||||| |**_Sub total_ **|**-**||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| ||||**-**||**67,500**| ||||||| ||**80,000**||
**-**||**-**| ||**-**||**-**
**-**|**-**
**-**|**-**| ||**-**||||**-**| ||**80,000**||
**-**|**80,000**|**-**| CCXX R1 accounts (SS) 31/01/2024 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
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
N/A
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
N/A
Cash at bank
**Details**
**Details**
N/A
**Details**
N/A
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**80,000**
**-**
**-**
**-**
**-**
**-**
**80,000**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Olugbemiga Olanrewaju|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Olugbemiga Olanrewaju|24/01/2024| ||||| CCXX R2 accounts (SS) 31/01/2024 2 CHARITY COMMISSION FOR E￿L￿￿) ATrL) WAIES Independent examinerfs report on the accounts Section A Independent Examinef s Report Report to the trustees L•adorJhlp 2026 On a¢counts for thè year ded 3110312023 Charlty no (rf any) 1191861 S•t out on pages So I reFort to the trustees on my examination of the ac#)￿nts of th8 above charrty (Ihe Trustl for year ended 3110312023. Re8pon8lbllltlo$ and bas18 of report As the charrty's Irustees, you are responsib￿ for the preparation of the accounts in acC￿rdanCe wilh the requiremenls of the Charrties Act 2011 (Ihe Acr). I report in wespecl of my examinatlon of th8 Trust's accounts ¢arrled out under Section 145 of the 2011 Act and in carying out my examinallon, I have followed 811 the applicable Dtrections given by the Charty Commission under section 145(5}{b) of the Acl. Independent I have o)mpleted ry examinalK)n. I ccrfmi that no material matters have examIne￿3 Statemont come to my attention in GonnectK)n wlth the examkJ8ticffi grves m8 caus& lo belwe that in. any maletial resKod.' the accounting records Were not kept in Xc0rdar￿ wtth 88ctkrf) 130 of the Char[t￿S Act., or the accounts did not accord with the acc￿￿nting records,. or the a[￿untS not compty wrth the applicable wuirements conceming the fom) and conlenl of accounts sel out in the Charities (Awounts and ReFxylsl Reguktions 2008 other than any requirement that the acLounls gt¥e a Irue and fairf view which Is nol a matter consmlered as part of an independent 8xamlnation. I have no ¢£9n(￿m$ and have com8 acr088 M other matters In ￿)nnect￿n wlth Ihe examination to which attention should be drawn in this report in order to enable a proper understanding of the acc(Junts to be reached. Slgnod.. 25101r2023 Nam•: or OJ Relevant professional qualiflcatiorfs) or body (If any): e/ oil o G c.. c& ) L£ 411le/JC IER Oct 2018 Address: Section B Disclosure Onty c(rylele rf the examiner needs to hwJhlight m*enal matters of COn￿M (see CC32, Inderendent examination of charrty accounts.. directions and guidance for examiners). Glve here brl•f d•talls of any Items that the examln•r wl8ho8 to dl8GIo8•. IER Oct 2018