Trustees’ Annual Report for the period
From 31[st] December 2021 Period start date To Period end date 31[st] December 2022
Charity name: Bridging Barriers
Charity registration number: 1196973
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Bridging Barriers is a registered charity focused on improving the personal and professional development of young people from ethnic minorities and low socioeconomic backgrounds. |
| 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 |
The charity aims to help young people through various programs including mentoring, insight days, workshops, work experience and skills sessions. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes, as an organisation we are aware, and we utilise the guidance in regard to the delivery of our services |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | We didn’t compensate our volunteers for their time or travel to engage in our programme because it was conducted virtually so we didn’t have to. We had 150 volunteers who dedicated 1 hour a month over a six-month period, helping 200 young people. |
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 | In the year of 2022, Bridging Barriers was able to support 200 young people, an increase of 25% from the previous year 2021 before formal registration, when we helped 150 young people. We provided 1-1 mentoring to young people aged 18-25 from disadvantaged backgrounds by connecting them with industry professionals who work in their field of interest, and they were able to support them to enhance their career prospects. From our end-of-program survey, the following findings were captured: 82% reported an increase in career knowledge, 87% reported an increase in employability skills and 100% reported an increase in confidence applying for job opportunities. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | During this year, we wanted to develop our fundraising knowledge so we received fundraising training during this period in Q2 of 2022 to enhance our skills and knowledge around fundraising to ensure we are effective fundraisers. |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | We are currently in the process of developing core systems around our charities finance and fundraising activities. We are receiving training around this to start bringing in funds by the end of next year. We have signed up to a course called Avocado+ which has taught us the key skills around governance, fundraising and finance and this should help us over the next few years. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | N/A |
| Amount of reserves held | Para 1.22 | 0 |
| Reasons for holding zero reserves |
Para 1.22 | As limited fundraising activities took place, we held £0 in reserves due to a lack of fundraising knowledge and limited engagement with funders. We aim to address this going forward through training. |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
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 |
The principal sources of funds came from donations by the directors to ensure that we had things in place that provide presence for our organisation to be seen, for example a website and social media platforms. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | A lack of funding is a major risk for the organisation. However, we are mitigating this by engaging with corporates to sponsor our activities, we are submitting funding applications and continuing training and development around fundraising activities. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Foundation model |
| 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 | The majority of the charity trustees have signified agreement to the resolution in a document or documents which has or have been authenticated by their signature, by a statement of their identity accompanying the document or documents, or in such other manner as the charity trustees have previously resolved, and delivered to the CIO at its principal office or such other place as the trustees may resolve |
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’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 | Bridging Barriers |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1196973 |
| Charity’s principal address | BB, PO Box 59099 London E13 3EX |
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) |
|---|---|---|---|---|
| Andrea Charles Fidelis |
N/A | Whole year | Kevin Osei | |
| Michael Adesite | N/A | Wholeyear | Kevin Osei | |
| Folayemi Ojo | N/A | Wholeyear | Kevin Osei | |
Corporate trustees – names of the directors at the date the report was approved – N/A
Director name
Name of trustees holding title to property belonging to the charity – N/A
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held 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
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)
Kevin Osei
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) Adesite Full name(s) Michael Position (eg Secretary, Chair Chair, etc) Date 25/09/2023
Bridging Barriers No (if any) Receipts and payments accounts CC16a For the period 1-Jan-22 31-Dec-22 To from
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
Total funds Last year funds to the nearest £ to the nearest £ to the nearest £
to the nearest £
to the nearest £
A1 Receipts
| Individual donation | 600 | 0 | 0 | 600 | 0 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Training programme | 50 | 0 | 0 | 50 | 0 | |||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 650 | 0 | 0 | 650 | 0 | ||||||||||||
| Sub total(Gross income for AR) | ||||||||||||||||
| A2 Asset and investment sales, | ||||||||||||||||
| (see table). | ||||||||||||||||
| 0 | 0 | 0 | 0 | |||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Sub total | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Total receipts | 650 | 0 | 0 | 650 | 0 | |||||||||||
| A3 Payments | ||||||||||||||||
| Website | 550 | 0 | 0 | 550 | 0 | |||||||||||
| Promotional material | 50 | 0 | 0 | 50 | 0 | |||||||||||
| Training programme | 50 | 0 | 0 | 50 | 0 | |||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Sub total | 650 | 0 | 0 | 650 | 0 | |||||||||||
| A4 Asset and investment | ||||||||||||||||
| purchases,(see | table) | |||||||||||||||
| 0 | 0 | 0 | 0 | |||||||||||||
| 0 | 0 | 0 | 0 | |||||||||||||
| Sub total | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Total payments | 650 | 0 | 0 | 650 | 0 | |||||||||||
| Net of receipts/(payments) | 0 | 0 | 0 | 0 | 0 | |||||||||||
| A5 Transfers between funds | 0 | 0 | 0 | 0 | 0 | |||||||||||
| A6 Cash funds last year end | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Cash funds this year end | 0 | 0 | 0 | 0 | 0 |
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | 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 Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 0 0 0 0 0 0 0 0 OK OK to nearest £ to nearest £ 0 0 0 0 0 0 0 0 0 0 0 0 Cost (optional) 0 0 0 0 0 Cost (optional) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Print Name Michael Adesite 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 |
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| Current value (optional) |
|||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| Current value (optional) |
|||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| 0 | |||
| When due (optional) | |||
| Date of approval | |||
| Michael Adesite | 25th September 2023 | ||