Charity No. 1192624
Project Impact
Project Impact
Charity No. 1192624
Trustees’ Report and Unaudited Accounts
31 August 2021
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Charity No. 1192624
Project Impact
Contents
Trustees’ Annual Report .............................................................................................................. 3 Independent Examiner’s Report ............................................................................................. 5 Receipts and Payments ................................................................................................................ 6 Statement of Assets and Liabilities ....................................................................................... 7
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Charity No. 1192624
Project Impact
Trustees’ Annual Report
The trustees’ present their report with the unaudited financial statements of the charity for the year ended 31 August 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Project Impact was launched in January 2018 and was registered with the Charity Commission on 3[rd] December 2020.
Charity No. 1192624
Principal Office:
Project ImpACT c/o JVN Wohl Campus 44a Albert Road London NW4 2SJ
Trustees:
The following Trustees served during the year:
L Wolfson – Chair of Trustees since December 2020; stepped down May 2021 C Leek – Trustee since December 2020; Chair of Trustees since May 2021 J Schwarzmann – Treasurer; Trustee since May 2021 L Lewis – Trustee since May 2021 D C Boonin – Trustee since May 2021 E Carlton – Trustee since May 2021
Accountants/Independent Examiner:
Dennis O’Higgins
DT Associates LLP t/a Flock Charity Accountants 27 Old Gloucester Street London WC1N 3AX
Bankers:
Unity Trust Bank Four Brindley Place Birmingham B1 2JB
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Charity No. 1192624
Project Impact
The objects of the charity are to promote good citizenship of young people within the Jewish community for public benefit by inspiring and empowering them to make an impact in their community and beyond, through meaningful volunteering and social action.
During the past year the charity has run a number of social action and volunteering programmes and ad hoc events for teenagers at community centres and in partnership with a range of charities in pursuit of this objective.
These have included the following:
-
Year 7/8 Bar/Bat Mitzvah Programme – range of volunteering activities linked to different charities
-
Year 9/10 Impact programme – including cooking for the homeless, tutoring disadvantaged children and intergenerational volunteering
-
Year 12/13 Ambassadors programme – leadership training
-
Mental health and wellbeing activities
-
Other Ad hoc volunteering events
In order to continue through Covid-19 restrictions, a number of these programmes were conducted online rather than in-person.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The board of trustees of the charity manage its affairs and, for that purpose, exercise all the powers of the charity. There are a minimum of two, and a maximum of twelve trustees at any time; they are appointed for a term of three years. Meetings of the board of trustees take place regularly, and in accordance with the charity ’ s Constitution. Certain decisions can only be taken by resolution of its members: all trustees are members of the charity.
It is considered that all the trustees and any others who could be considered as managers within the charity are deemed to be fit and proper persons under the terms of the Finance Act 2010.
The contents and obligations of the Equality Act 2010 and GDPR 2018 are known and complied with to the best of the trustees ’ ability. The trustees recognize that in respect of Risk Assessment they accept the term 'risk' includes any circumstances that may, or do, have an adverse effect, and is wider than financial matters.
They have been observing the advice given by the Charity Commission in respect of Public Benefit and are conscious of their responsibility regarding fire and accident safety. An accident book is maintained. There is a protection policy in place regarding children. Checks are made with the Disclosure and Barring Service in respect of persons dealing regularly with young people and vulnerable adults.
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Charity No. 1192624
Project Impact
FINANCIAL REVIEW
The financial results of the Charity are presented on pages 7 to 10.
RESERVES POLICY
Our policy is to maintain at least three months of reserves in respect of our fixed and salary cost base to ensure the on-going operations of the Charity. The board of trustees takes their obligations around working capital management seriously and review the reserves policy on a periodic basis to ensure this remains appropriate.
FUTURE PLANS
Project ImpACT plans to continue to expand the range of volunteering programmes being offered as well as the number of teenagers involved. It is actively fundraising to support all these activities, including looking to expand the team of staff.
This report was approved by the Trustees on 4 April 2022 and signed on their behalf by Claire Leek and Jennifer Schwarzmann.
Claire Leek (Apr 20, 2022 06:49 GMT+1) Claire Leek Chair
J A Schwarzmann J A Schwarzmann (Apr 20, 2022 09:04 GMT+1)
Jennifer Schwarzmann Treasurer
Date: 20 /04/2022
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Charity No. 1192624
Project Impact
Independent E xaminer’s R eport Charities Act 2011
Independent Examiner's Report to the Trustees of Project Impact, No. 1192624. I report on the accounts of the charity for the year ended 31 August 2021 which are set out on pages 7 to 9.
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of th e Trust’s accounts carried out u nder section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Dennis O'Higgins
Dennis O'Higgins (Apr 20, 2022 11:06 GMT+1)
Dennis O’ Higgins AFA MIPA DChA FCMI CMgr
Member of the Institute of Financial Accountants (IFA)
DT Associates LLP t/a Flock Charity Accountants 27 Old Gloucester Street London WC1N 3AX
Date: 20 /04/2022
Page 6 of 9
Charity No. 1192624
Project Impact
Receipts and Payments
for the period 3 December 2020 to 31 August 2021
| Unrestricted funds |
Unrestricted funds |
Unrestricted funds |
Restricted funds |
Restricted funds |
Restricted funds |
Endowment funds |
Total funds | Total funds | Total funds | Last year | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| to the nearest £ |
to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ |
|||||||||
| Receipts | |||||||||||||
| Donations and Fundraising | 4,240 | 4,240 | - | ||||||||||
| Participants Donations | 9,327 | 9,327 | |||||||||||
| Grants | 21,000 | 25,000 | 46,000 | ||||||||||
| Interest received | - | ||||||||||||
| Other income | 25,818 | ||||||||||||
| Sub total | 60,384 | 25,000 | 85,384 | ||||||||||
| Asset and investment sales, (see **table). ** |
|||||||||||||
| Sub total | |||||||||||||
| Total receipts | 60,384 | 25,000 | 85,384 | ||||||||||
| Payments | |||||||||||||
| Marketing | 1,897.65 | 1,898 | |||||||||||
| Staff costs | 7,598.24 | 2,125 | 9,723 | ||||||||||
| Contracted Staff | 22,130.76 | 22,131 | |||||||||||
| Programme Costs | 3,163.06 | 3,163 | |||||||||||
| Operational Costs | 1,192.18 | 1,192 | |||||||||||
| Finance/ Accountancy | 552.96 | 553 | |||||||||||
| Bank Charges | 72 | 72 | |||||||||||
| Sub total | 36,607 | 2,125 | 38,732 |
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Charity No. 1192624
Project Impact
----- Start of picture text -----
Asset and investment purchases,
(see table)
Sub total
Total payments 36,607 2,125 38,732 -
Net of receipts/(payments)
23,777 22,875 46,652
Transfers between funds
Cash funds last year end
Cash funds this year end
23,777 22,875 46,652
----- End of picture text -----
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Charity No. 1192624
Project Impact
Statement of Assets and Liabilities for the period ended 31 August 2021
| Categories | Details | Unrestricted funds |
Unrestricted funds |
Unrestricted funds |
Restricted funds | Restricted funds | Restricted funds | Endowment funds |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| to nearest £ | to nearest £ | to nearest £ | ||||||||||
| Cash funds | Unity bank Accoun | t | 43,095 | - | - | |||||||
| JVN Bank | 3,558 | - | - | |||||||||
| - | - | |||||||||||
| - | - | |||||||||||
| Total cash funds | 46,652 | - | - | |||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
||||||||||
| Details | to nearest £ | to nearest £ | to nearest £ | |||||||||
| Other monetary assets | - | - | ||||||||||
| - | - | - | ||||||||||
| Fund to which asset belongs |
Cost (optional) | |||||||||||
| Details | Current value (optional) |
|||||||||||
| Investment assets | - | - | ||||||||||
| - | - | |||||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||||||||
| Assets retained for the charity’s own use |
||||||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
|||||||||
| Liabilities | ||||||||||||
Signed on behalf of all the trustees by:
Claire Leek (Apr 20, 2022 06:49 GMT+1)
Claire Leek Chair
J A Schwarzmann
J A Schwarzmann (Apr 20, 2022 09:04 GMT+1)
Jennifer Schwarzmann Treasurer
Date: 20 /04/2022
Page 9 of 9
Project Impact - Accounts - 31 August 2021 Final Audit Report 2022-04-20
Created: 2022-04-19 By: Dennis O'Higgins (dohiggins@dtassociates.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA3NJF1YZC-cv9aBiMAl3Cc0-OqggrHrSA
"Project Impact - Accounts - 31 August 2021" History
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