## **Trustees’ Annual Report for the period**
**From Period start date: 29 November 2021**
**To Period end date: 31 March 2023**
**Charity name: Sam Buah Foundation**
**Charity registration number: 1196823**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance in life and act as a resource**
**to relieve the needs of young people by**
**providing educational training**
**programmes, mentoring and coaching**
**for the public benefit, mainly but not**
**exclusively the BAME community**
**across the UK and overseas**
**.**|
|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|**In the last 12 months, the Foundation**
**has embarked on the following activities**
**in relation to our founding objectives;**
**1.**
**Career mentoring for young people**
**from BAME backgrounds**
**2.**
**Spelling Bee competition for young**
**BAME between 7 and 12**
**3.**
**Debating and public speaking**
**training and upskilling for young**
**BAME between the ages of 18-25**
**4.**
**Work experience opportunities for**
**young BAMES**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**We can confirm that the Trustees have**
**had full regard to the guidance issued**
**by the Charity Commission on public**
**benefit. This is also captured in the**
**Foundation’s constitution**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference **Not applicable** Para 1.38 Policy on grant making **Not applicable** Para 1.38 Policy on social investment
including program related investment **Not applicable** Para 1.38 Contribution made by volunteers 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|1.
From Sep 2022 the Foundation
inducted the first cohort of 10
mentees. All mentees were paired
with industry professionals. The
mentoring programme was very
successful because some of the
mentees through, the programme
found work experiences and full
time employment.
2.
The foundation also organised
spelling bee competitions over the
2023 summer for young BAMEs
between ages 7 and 12.
3.
Provided free word spelling tuition
for over 30 kids who took part in the
spelling bee competition.|
## **Additional information (optional)**
|**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**|
|---|---|---|
|You may choose to include further statements where relevant about:|||
|Achievements against
objectives set|Para 1.41|**1.**
**Mentoring programme launched and**
**organised for the first 10 mentees**
**2.**
**Work experience opportunities**
**organised for mentees**
**3.**
**Full time employment secured for a**
**mentee of the Foundation**
**4.**
**Spelling Bee competition organised**
**for kids**
**5.**|
|Performance of fundraising
activities against objectives
set|Para 1.41|**The Foundation secured a £10k funding**
**from the National Lotteries Community**
**fund to support with our activities.**
**In addition the foundation received**
**donation of £2000 from an individual**
**and funding the official Foundation**
**launch**|
|||**Not applicable**|
Investment performance Para 1.41 against objectives Other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Foundation is in good financial**
**position at the end of the period. The**
**current balance in the account is circa**
**£7,327**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The Foundation has not yet established**
**any policy for holding any reserves. As**
**a minimum we will hold a contingency**
**which is around 10% of our turnover**|
|Amount of reserves held|Para 1.22|**£7,327**|
|Reasons for holding zero
reserves|Para 1.22|**We will always hold a reserve to cover**
**the Foundation in the event of**
**emergency**|
|Details of fund materially in
deficit|Para 1.24|**Not applicable**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Not applicable**|
## **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|**Grant application and donations**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Not applicable**|
|A description of the principal
risks facing the charity|Para 1.46|**The principal risk facing the Foundation**
**is cashflow. The Foundation requires**
**regular cash flow to be able to pay for**
**services we use and also pay salaries**
**and run our programmes**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**The name of the Charitable**
**Incorporated Organisation (“the**
**CIO”) is**
**Sam Buah Foundation**|
|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|**(1) Apart from the first charity trustees,**
**every trustee must be appointed for a**
**term of 3 years by a resolution passed**
**at a properly convened meeting of the**
**charity trustees.**
**(2) 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.**|
## **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) a copy of the current version of this**
**constitution; and**
**(b) a copy of the CIO’s latest Trustees’**
**Annual Report and statement of**
**accounts.**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any
related parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Sam Buah Foundation|
|---|---|
|Other name the charity uses||
|Registered charitynumber|**1196823**|
|Charity’s principal address|17 Grindlow Street
Manchester
M13 0LA|
|||
**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)**|
|---|---|---|---|---|
||Samuel Buah||Since inception||
||John Bedson||Since inception||
||Ernestina Thompson||Since October 2022||
||Victoria Buah||Since inception||
||Edward Asong||Since October 2022||
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## – Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for 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)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **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)** Samuel Ernest Buah
**Position (eg Secretary,** Director **Chair, etc)**
**Date** 29 Feb 2024
**SAM BUAH FOUNDATIONS No (if any) Receipts and payments accounts CC16a For the period** 11/29/2021 3/31/2023 **To from**
## **Section A Receipts and payments**
**Unrestricted Restricted Endowment funds funds funds**
## **Total funds Last year**
**to the nearest £**
**to the nearest £ to the nearest £ to the nearest £ to the nearest £**
## **A1 Receipts**
|**A1 Receipts**|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||**16,473**||**-**||**-**||**16,473**|||||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|**_Sub total_**_(Gross income for AR)_||**16,473**
||**-**||**-**||**16,473**||**-**|||
||||||||||||||
|**A2 Asset and investment sales,**|||||||||||||
|**(see table).**|||||||||||||
|||**-**||**-**||**-**||**-**|||||
|||**-**||**-**||**-**||**-**|||**-**||
|**_Sub total_**||**-**||**-**||**-**||**-**|||**-**||
||||||||||||||
|**_Total receipts_ **||**16,473**||**-**||**-**||**16,473**|||**-**||
|**A3 Payments**|||||||||||||
|Administrative and Event cost||**9,146**||**-**||**-**||**9,146**|||||
|||||**-**||**-**||**-**|||||
|||||**-**||**-**||**-**|||||
|||||**-**||**-**|||||||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|||
|**_Sub total_ **||**9,146**||**-**||**-**||**9,146**||**-**|||
||||||||||||||
|**A4 Asset and investment**|||||||||||||
|**purchases, (see table)**|||||||||||||
|||**-**||**-**||**-**||**-**|||||
|||**-**||**-**||**-**||**-**|||||
|**_Sub total_ **||**-**||**-**||**-**||**-**|||**-**||
||||||||||||||
|**_Total payments_ **||**9,146**||**-**||**-**||**9,146**|||**-**||
||||||||||||||
|**_Net of receipts/(payments)_ **||**7,327**||**-**||**-**||**7,327**||**-**|||
|**A5 Transfers between funds**||**-**||**-**||**-**||**-**||**-**|||
|**A6 Cash funds last year end**||**-**||**-**||**-**||**-**||**-**|||
|**_Cash funds this year end_ **||**7,327**||**-**||**-**||**7,327**||**-**|||
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
**Details**
**Details**
**Details**
**Details**
Signature
SAM BUAH
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**7,327**
**-**
**-**
**-**
**-**
**-**
**7,327**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
SAM BUAH
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**to nearest £**
**Endowment**
**funds**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
||SAM BUAH|SAM BUAH|3/31/2023|
|||||