Trustees’ Annual Report for the period
From 11 Oct 2021 To 31 Dec 2022
Charity name: Camstart
Charity registration number: 1190694
Objectives and Activities
| Objectives and Activities | |
|---|---|
| Summary of the purposes of the charity as set out in its governing document |
The advancement of education, and the advancement in life, for the public benefit, and in particular in areas of business, commerce, and social entrepreneurship for people under the age of 19 years. |
| 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. |
Camstart’s main activities involve running two programmes targeted at school students aged 14-19 to achieve its purpose: 1. Academy – online programme guiding students through the process of becoming social entrepreneurs. It includes a video course and hands-on assignments and projects to apply their learning. 2. Incubator (previously known as Accelerator) - programme helping students build and develop their social impact projects. It includes workshops and mentorship from experienced social entrepreneurs, dedicated support and resources prepared by our team, and cash prize for promising projects. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
Achievements and Performance
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.
2021/22
Or main achievements revolve around the benefits we brought through the two programmes we ran & overarching work building on top of success in the 2020/21 year (in below for an overview). The summary of our impact include:
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Revamped the online Academy course, updating curriculum, videos, quizzes and assignments based on feedback from past Academy participants and advisors with higher production quality
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Ran the second iteration of the Accelerator programme, including new features such as coffee chats with working professionals and the Camstart Programme Booklet which prompts students to delve deeper into developing their ideas
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In the year, the Accelerator supported 19 student social impact projects, and 100% of the students/teams would recommend the programme to their friends and peers. Moreover, 100% of students/teams agreed that:
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a. Their project consultant was helpful, reflecting well on our project consultant training
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b. The new programme booklet supported their learning
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c. The workshops were engaging and rewarding
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We keep in touch with prize winning teams to provide guidance and mentorship as they continue to work on their projects
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a. Case Study: The Asian Voice hosts a podcast to spread awareness about problems with Asian prejudice. They have posted 20 podcast episodes and launched a website and social media accounts to publicise their content,
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b. Case Study: Scholarship for Students Programme provides academic support for secondary students from underprivileged backgrounds in Malaysia. By running tutoring workshops, they have supported over 65 attendees in Batu Pahat, Malaysia.
2020/21 In 2020/21, we established Camstart and laid out the foundations of the organisation and our programmes. Our main achievements are as follow: 1. Developed the first version of the ‘Academy’ – an online programme including video courses and hands-on assignments. 2. In the year, the ‘Academy’ helped 300+ youths learn about social entrepreneurship with over 80% reporting improvements in relevant skills and more than 20 launching impact initiatives after participation 3. Designed the first programme of the ‘Accelerator’ with mentorship, structured workshops/support and cash prizes. 4. In the year, the ‘Accelerator’ supported 10 student social impact projects, and 100% of the students/teams agreed that the program enhanced the development of their projects and their education in business and social entrepreneurship. 5. In the post-programme 6 month evaluation for ‘accelerator, we found that: a. 70% of the teams are still working on their project b. 90% of the teams agree that they have become more involve in social impact & business and have applied skills/knowledge gained through the programme c. Case Study: One team (Maskroom – designing & selling reusable masks) managed to sell 5000+ reusable masks as means to benefit the wider society d. Case Study: Another Team (HOPE -sex education for young children): Increased their team by 20 members and used the Camstart prize to run 3 more events reaching 200+ students.
Financial Review
| Financial Review | |
|---|---|
| Review of the charity’s financial position at the end of the period |
Income for this financial year: £1,400.00 Expenditure for this financial year: £912.07 Close cash balance last year end: £1,481.68 Closing cash balance this year end: £1,969.61 |
| Statement explaining the policy for holding reserves stating why they are held |
The organisation holds reserve to cover for any unforeseen spending and cover for any excess short term spending prior to receiving expected income. The amount held (£1000) is estimated to be sufficient to cover for any unforeseen spending and/or reduction income in the coming year. |
| Amount of reserves held | £1000 |
| Reasons for holding zero reserves | N/A–organisation does not hold zero reserves |
|---|---|
| Details of fund materially in deficit | N/A–organisation not in deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
N/A – no uncertainties about the charity continuing |
Structure, Governance and Management
| Type of governing document | ‘Association’ Model Constitution |
|---|---|
| How is the charity constituted? | Charitable Incorporated Organisation (CIO) |
| Trustee selection methods including details of any constitutional provisions |
Trustees are selected based on their abilities to assist Camstart in delivering on its charitable purposes. In particular, desirable qualities in nclude: - Past experience running Camstart as part of the executive committee - Relevant knowledge or experience pertaining to Camstart’s purpose (e.g. in social entrepreneurship) Trustees are typically selected from current/pass executive committee members who operated Camstart. As part of our constitution, trustees should by default be appointed during Annual General Meetings, though trustees can be appointed at any other time should there be such a need (e.g. in place of a trustee who has retired). |
Reference and Administrative details
| Charity name | Camstart |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1190694 |
| Charity’s principal address | Homerton College Hills Road Cambridge CB2 8PH |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 |
Trustee name | Dates acted if not for **whole year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|
| Yu-Chia Tung | 11/10/2021-Present | - | |
| Brandon Neo | 11/10/2021-Present | - | |
| Jonathon Derek Ooi | 11/10/2021-Present | - | |
| Xuan Yi Ng | 11/10/2021-Present | - | |
| Tedmund Lim | 11/10/2021-Present | - | |
| Yuzhe Zhou | 11/10/2021-Present | - | |
| Sophia Arora | 11/10/2021-Present | - | |
| Aamir Abdulgani | 11/10/2021-Present | - |
Corporate trustees – names of the directors at the date the report was approved
N/A
Name of trustees holding title to property belonging to the charity
N/A
Funds held as custodian trustees on behalf of others
Description of the assets held N/A in this capacity 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
Name of chief executive or names of senior staff members (Optional information)
Jaimin Shah
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) | Yu-Chia Tung | Jaimin Shah |
| Position | Chair of Trustees | President (Chief Executive) |
| Date | 4 Jan 2022 |
| CAMSTART Charity Name |
CAMSTART Charity Name |
CAMSTART Charity Name |
CAMSTART Charity Name |
CAMSTART Charity Name |
No (if any) | No (if any) | No (if any) | CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
11/10/2021 Period start date |
To | 31/12/2022 Period end date |
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| Section A Receipts and payments | |||||||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
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Grants |
550 | - | - | 550 | - | ||||
| Sponsorships | 850 | - | - | 850 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) | 1,400 | - | - | 1,400 | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| - | |||||||||
Costs of running programmes |
550 | - | - | 550 | - | ||||
| Website/IT | 252 | - | - | 252 | - | ||||
| Events | 110 | - | - | 110 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 912 | - | - | 912 | - | ||||
| 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 |
|||||||||
| - | |||||||||
| 488 | - | ||||||||
| - | - | ||||||||
| 1,482 | - | ||||||||
| 1,970 | - |
CCXX R1 accounts (SS)
04/01/2023
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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Cash funds (in bank accounts) Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 1,970 - - - - - 1,970 - 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 Yu-ChiaTung |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval | |||
| Yu-ChiaTung | 04/01/2023 | ||
CCXX R2 accounts (SS)
04/01/2023
2