## Project Impact
## Charity No. 1192624
Trustees’ Report and Unaudited Accounts
31 August 2023
Project Impact
Charity No. 1192624
## Contents
Trustees’ Annual Report ................................................................................................................................... 3 Independent Examiner’s Report ....................................................................................................................... 5 Receipts and Payments..................................................................................................................................... 6 Statement of Assets and Liabilities .................................................................................................................. 7
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Project Impact
Charity No. 1192624
Trustees’ Annual Report
The trustees’ present their report with the unaudited financial statements of the charity for the year ended 31 August 2023
## REFERENCE AND ADMINISTRATIVE DETAILS
Project Impact was established in January 2018 and subsequently registered with the Charity Commission on 3[rd] December 2020.
Charity No. 1192624
Principal Office: c/o JVN Project ImpACT Wohl Campus 44a Albert Road London NW4 2SJ
Trustees:
The following Trustees served during the year: C Leek – Chairman (term finished July 2023) M Pearlman – Trustee (Appointed July 2023) J Schwarzmann – Treasurer (Resigned May 2023) E Carlton - Trustee G Kangisser - Trustee (Appointed Nov 2022)
Accountants/Independent Examiner:
Jean Lunt MAAT Balanced Creations Ltd 50 Sandstone Drive L35 7NJ
Bankers: Unity Trust Bank Four Brindley Place Birmingham B1 2JB
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Project Impact
Charity No. 1192624
## OBJECTIVES
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:
- Bar/Bat Mitzvah Social Action Programmes – range of hands-on volunteering activities supporting different charities
- ImpACT Youth Kitchen - teen volunteers cook healthy and nutritious meals for food banks and homeless shelters using surplus food.
- Youth volunteering initiatives supporting charities and care homes.
- ImpACT Ambassadors Programme - Leadership training
## 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.
## FINANCIAL REVIEW
The financial results of the Charity are presented on pages 7 to 8.
## 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 ongoing operations of the Charity. The board of trustees takes their obligations around working capital management seriously and reviews the reserves policy on periodic basis to ensure this remains appropriate.
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Project Impact
Charity No. 1192624
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 25[TH] March 2024 and signed on their behalf by Matthew Pearlman Trustee.
## **Independent Examiner’s Report 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 10.
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”).
Section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions.
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.
Accountants/Independent Examiner: Jean Lunt MAAT Balanced Creations Ltd 50 Sandstone Drive L35 7NJ
Date:
25[th] March 2024
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Charity No. 1192624
Project Impact
## **Receipts and Payments for the period 1 September 2022 to 31[st] August 2023**
|**Receipts**|Unrestricted
Funds
to the nearest
£
4,100
17,004
42,280
-
-
**63,384**
-
-
**63,384**
1,465
28,187
11,098
4,603
2,580
1,540
72
214
**49,759**
-
-
**49,759**
13,967
**-**8,229
68,830
74,298|Restricted
Funds
to the
nearest £
-
-
25,000
-
-
**25,000**
-
-
**25,000**
-
33,229
-
-
-
-
-
-
**33,329**
-
-
**33,329**
-
8,229
8,229
-
-|Endowment
Funds
to the
nearest £
-
-
-
-
-
**-**
-
-
**-**
-
-
-
-
-
-
-
-
**-**
-
-
**-**
-
-
-
-|Total
Funds
to the
nearest £
4,100
17,004
67,280
-
-
**88,384**
-
-
**88,384**
1,465
61,416
11,098
4,603
2,508
1,540
72
214
**82,916**
-
-
**82,916**
5,468
-
68,830
74,298|Last Year
to the
nearest £|
|---|---|---|---|---|---|
|Donations and
Fundraising|4,100||||-|
|Participants Donations|17,004||||17,964|
|Grant|42,280||||98,720|
|Interest Received|-||||-|
|Other Income|-||||-|
|**Sub Total**|**63,384**||||**116,684**|
|**Assets and investment**
**sales(see table)**||||||
||-||||-|
|**Sub Total**
**Total Receipts**|-||||-|
||**63,384**||||**116,684**|
|**Payments**||||||
|Marketing|1,465||||2,146|
|Staff Costs|28,187||||74,100|
|Contracted Staff|11,098||||9,225|
|Program Costs|4,603||||5,070|
|Operational Costs|2,580||||2,509|
|Finance/Accountancy|1,540||||1,382|
|Bank Charges|72||||72|
|Insurance|214||||-|
|**Sub Total**|**49,759**||||**94,504**|
|**Asset and investment**
**purchases, (see table)**||||||
|Fixtures and Fittings|-||||-|
|**Sub Total**
**Total payments**|-||||-|
||**49,759**||||**94,504**|
|**_Net of_**
**_receipts/(payments)_**
**Transfer between funds**
**Cash Funds last year end**
**_Cash funds this year end_**||||||
||13,967|-
8,229|-|5,468|22,178|
||**-**8,229|8,229|-|-|-|
||68,830|-|-|68,830|46,652|
||74,298|-|-|74,298|68,830|
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Charity No. 1192624
Project Impact
**Statement of Assets and Liabilities for the period ended 31[st] August 2023**
|Categories
**Cash funds**
**Other monetary**
**assets**
**Investment assets**
**Assets retained**
**for the charity's**
**own use**
**Liabilities**|Details
Unitybank account
**_Total cash funds_**
Details
Details
Details
Details|**Unrestricted**
**funds**
**to the nearest**
**£**
74,298
-
-
-
74,298
**Unrestricted**
**funds**
**to the nearest £**
-
-
**Fund to which**
**asset belongs**
-
-
**Fund to which**
**asset belongs**
-
-
**Fund to which**
**liability relates**
-
-|**Restricted**
**funds**
**to the nearest**
**£**
-
-
-
-
-
**Restricted**
**funds**
**to the nearest £**
-
-
**Cost**
**(optional)**
-
-
**Cost**
**(optional)**
-
-
**Amount due**
**(optional)**
-
-|**Endowment**
**funds**
**to the nearest**
**£**|
|---|---|---|---|---|
|||||-|
|||||-|
|||||-|
|||||-|
|||||-|
|||||**Endowment**
**funds**
**to the nearest**
**£**|
|||||-|
|||||-|
|||||**Current value**
**(optional)**|
|||||-|
|||||-|
|||||**Current value**
**(optional)**|
|||||-|
|||||-|
|||||**When due**
**(optional)**|
|||-|-|-|
|||-|-|-|
Page 7 of 8
Charity No. 1192624
Signed on behalf of all the trustees by:
Matthew Pearlman Trustee
Date: 25[th] March 2024
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