## **Trustees’ Annual Report for the period**
**From Period start date: 01 April 2023**
**To Period end date: 31 March 2024**
**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|The foundation's primary objective is to
enhance the development of young
individuals by offering educational training
programmes, mentoring, and coaching for
the benefit of the public, with a particular
focus on the BAME community in the UK
and abroad. Additionally, we serve as a
support system to address the needs of
young people**.**|
|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|From April 1, 2023, to March 31, 2024, the
Foundation prioritised initiatives such as
career mentoring for youth from BAME
backgrounds, as well as hosting a Spelling
Bee competition for BAME youths aged 7-
12. We provided project management
training and facilitated professional
development sessions for young
individuals.|
|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**
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SORP reference
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|SORP reference|SORP reference|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|During the period of April 2023 to March
31, 2024, the Foundation successfully
continued its mentoring programme by
pairing mentees with industry professionals
to act as their mentors. This initiative is
great in providing professional and career
guidance to mentees. The result of the
mentoring included work experiences and
full-time employment opportunities for
some of the mentees.
The Foundation remains committed to its
mission of empowering young individuals
and providing support through mentorship.
Our efforts have led to significant
achievements, including building the
confidence and empowering young people.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|Mentoring programme launched and
organised. So far over 30 young people
have been mentored through our
mentorship programme.
Work experience opportunities have been
created and organised for mentees.
Some mentees have secured full time
employment through the foundation|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|The Foundation faced challenges in raising
funds during the current financial year, due
in part to various factors including an
unsuccessful grant application. Despite this
setback, the Foundation did receive
approximately £4,000 in donations over the
past 12 months.|
|||**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 pleased to report that we
are in a strong financial position at the
conclusion of the reporting period. We
currently have no recurring expenses, and
the account balance is approximately
£2,840|
|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|£2,840|
|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|**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|One of the primary risks currently facing the
Foundation is its cash flow management.
Adequate cash flow is essential for
covering operational expenses, including
services utilised, salaries, and programme
costs.|
|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|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**
**----- Start of picture text -----**
Charity name Sam Buah Foundation
Other name the charity uses
Registered charity number 1196823
Charity’s principal address 17 Grindlow Street
Manchester
M13 0LA
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## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Samuel Buah Since inception
2 John Bedson Since inception
3 Victoria Buah Since inception
4 Edward Asong Since October 2022
5 Ernestina Thompson Since October 2022
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– 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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||
|---|---|
||Samuel Ernest Buah|
||
Director|
||22 Jan 2025|
||22 Jan 2025|
**SAM BUAH FOUNDATION**
**1196823**
**Receipts and payments accounts For the period** 01/04/2023 31/03/2024 **To from**
**CC16a**
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Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 1,651 2,000 - 3,651 16,473
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
2,000 - 3,651 16,473
Sub total (Gross income for AR) [ 1,651 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 1,651 2,000 - 3,651 16,473
A3 Payments
Administrative and Events costs 4,408 2,000 - 6,408 9,146
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 4,408 ] 2,000 - 6,408 9,146
A4 Asset and investment
purchases, (see table)
Computer equipment 1,730 - - 1,730
- - - -
Sub total [ 1,730 ] - - 1,730 -
Total payments 6,138 2,000 - 8,138 9,146
Net of receipts/(payments) - 4,487 - - - 4,487 7,327
A5 Transfers between funds - - - - -
A6 Cash funds last year end 7,327 - - 7,327 -
Cash funds this year end 2,840 - - 2,840 7,327
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**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**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**
**Details**
Signature
S E Buah|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**2,840**
**-**
**-**
**-**
**-**
**-**
**2,840**
**-**
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
S E BUAH|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**
OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
22/01/2025|