## **Trustees’ Annual Report for the period**
**From Period start date 1[st] January 2023 To Period end date 31[st] December 2023**
## **Charity name: Bridging Barriers**
## **Charity registration number: 1196973**
## **Objectives and Activities**
|||
|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Our primary focus lies in empowering these young
individuals to unlock career opportunities through
personalised mentoring, bolstering their confidence and
resilience.
Our program is designed to nurture their full potential by
providing personalised support and connecting them with
real-life role models who equip them with the tools,
resources, and mindset required to thrive in their chosen
fields.|
|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.|By offering tailored 1-on-1 guidance, we equip our
candidates with the necessary hard and soft skills, while
fostering robust employment networks that expand their
access to opportunities. We also offer virtual masterclasses
and networking events to supplement mentoring to aid in the
development of knowledge and skills of young people|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Yes, as an organisation we are aware, and we utilise the
guidance regarding the delivery of our services.|
## **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.|The below are the main achievements of Bridging Barriers. All
the initiatives below were geared at increasing the
employability, building the professional networks and
increasing career knowledge of young professionals and
mentees
**_Launched the Turning Point Programme_**
The Turning Point programme is our flagship programme that
runs over two cohorts (November and February) over the
course of a 12-month period. This involves: Mentoring, Virtual
Masterclasses and Networking events
_Mentoring_
Mentees can acquire personalised guidance from a dedicated
career mentor to support both their personal and professional
development. Mentees will receive insights on topics such as
CV and cover letter optimisation, as well as participate in mock
interviews with their mentors to refine their skills. Mentoring
currently takes place on our mentoring platform which
facilitates texts, calls and the matching process of mentees
and mentors.
_Virtual Masterclasses_
These are online sessions conducted by industry experts to
offer detailed insights and valuable knowledge on
professional and personal topics.
Virtual masterclasses offer mentees a chance to learn directly
from seasoned professionals, ask
questions, and gain a deeper understanding of their desired
industries.
The virtual format also allows for accessibility and flexibility,
with mentees being able to attend from any
location.
_Networking Events_
These are in-person events that allow mentees and mentors
to build valuable social capital. We aim to host four networking
events annually to serve as a platform for mentees and other
members of the Bridging Barriers community to connect with
peers, industry professionals and potential employers. We aim
to create a unique and dynamic environment that encourages
the formation of meaningful connections and the broadening
of professional networks. Mentees can also explore possible
employment opportunities and receive career advice through
these events.
**_Conducted Insight days_**
_Bridging Barriers and Lloyds Banking Group_
With 50 Bridging Barriers mentees present at a Lloyds
Banking Group Office, mentees engaged in a CV and
Interview Workshop aimed at increasing the chances of
securing a role in the banking industry.
We also had the chance to hear a panel discussion from senior
leaders at Lloyds which included their career journeys thus far,
how they have overcome adversities faced in the workplace,
and the importance of having a mentor.
_BNY Mellon_||
|---|---|---|
25 of mentees had the opportunity to attend an insight day hosted by BNY Mellon in which they had the opportunity to listen to a panel discussion titled "Navigating your career" and engage in a networking session.
The panel discussion highlighted key aspects of thier operations in building a robust system for exceptional client experience, building trust and protecting investor assets. The panel also shared advice to our mentees based on their experiences in corporate and emphasized the importance of self-discovery and leveraging one's strengths and being proactive in their career.
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|We turned over £25,000 at the end of 2023, and this was
income generated through grants from trusts and
foundations, as well as individual and corporate donations.||
|Statement explaining the
policy for holding reserves
stating why they are held|Our reserves policy states that we ought to hold reserves for
a minimum of three months, which we believe is sufficient to
cover ourselves in the face of unforeseen events.||
|Amount of reserves held|18527.79||
|Reasons for holding zero
reserves|N/A||
|Details of fund materially in
deficit|N/A||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|N/A||
## **Structure, Governance and Management**
|**Structure, Governance and Management**|**Structure, Governance and Management**|
|---|---|
|Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
CIO Foundation model
How is the charity
constituted?
(e.g unincorporated
association, CIO)
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
The charity trustees have signified agreement to the
resolution in a document which has 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||
|Description of charity’s
trusts:||
|Type of governing document
(trust deed, royal charter)|CIO Foundation model|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|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|The charity trustees have signified agreement to the
resolution in a document which has 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|
## **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**
|**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|
|Folayemi Ojo|N/A|Wholeyear|Kevin Osei|
|Michael Adesite|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
## **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** 30/07/2024
**BRIDGING BARRIERS 1196973 Receipts and payments accounts CC16a For the period** 1/1/2023 12/31/2023 **To from**
## **Section A Receipts and payments**
||||||||**Unrestricted**
**funds**||||||||**Restricted**
**funds**|||||||||**Endowment**
**funds**|||||||||**Total funds**||||||||**Last year**|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||**to the nearest**||**£**|||||||**to the nearest £**|||||||||**to the nearest £**|||||||||**to the nearest £**|||||||**to the nearest £**||||||
|**A1 Receipts**||||||||||||||||||||||||||||||||||||||||||||||
|Individual Donations
CorporateDonations
Grants||||||
|**13,335**
**6,500**
**-**||
||||||**5,208**|||||||
|
|**-**
**-**
**-**|
|
|
||||
|
|**13,335**
**6,500**
**5,208**||||||
|
|**-**
**-**
**-**|
|
|||
|||||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|**_Sub total_**_(Gross income for AR)_|||||||**19,835**||||||||**5,208**|||||||||**-**|||||||||**25,044**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|**A2 Asset and investment sales,**||||||||||||||||||||||||||||||||||||||||||||||
|**(see table).**||||||||||||||||||||||||||||||||||||||||||||||
|||||||||**-**||||||||**-**||||||||||**-**|||||||**-**|||||||||||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||||||||**-**||||||||**-**||||||||||**-**|||||||**-**|||||||||**-**||||
|||**_Sub total_**||||
|
|
**-**|
|||||
|
|
**-**||
||||
|
|
|
|
**-**|||||
|
|
**-**|
|
||||
|
|
|
**-**|
|||
|||||||||||||||||||||||||||||||||||||||||||||||
||**_Total receipts_ **||||||**19,835**||||||||**5,208**||||||||||**-**||||||||**25,044**|||||||||**-**||||
|**A3 Payments**||||||||||||||||||||||||||||||||||||||||||||||
|Accountancyfees
Bank Interest& Charges
Insurance
Printing &Postage
Rent/hire of rooms
ITsoftware
Otherdirectcosts||||||
|**35**
**118**
**192**
**204**
**494**
**350**||
|||||
|**150**
**186**
**750**
**2,494**
**995**|||
||||
|
|**-**
**-**
**-**
**-**
**-**
**-**
**-**|
|
|
||||
|
|**35**
**150**
**118**
**378**
**954**
**2,988**
**1,345**||||||
|
|**-**
**-**
**-**
**-**
**-**
**-**
**-**|
|
|||
|||||||||||||||||||||||||**-**|||||||||**-**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||**_Sub total_ **|||||**1,392**||||||||**4,575**|||||||||**-**|||||||||**5,967**||||||||**-**|||||
|||||||||||||||||||||||||||||||||||||||||||||||
|**A4 Asset and investment**||||||||||||||||||||||||||||||||||||||||||||||
|**purchases, (see**|**table)**|||||||||||||||||||||||||||||||||||||||||||||
|Computer equipment||||||||**-**|||||||**549**|||||||||||**-**|||||||**549**|||||||||||||
|||||||||**-**||||||||**-**||||||||||**-**|||||||**-**|||||||||||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||**_Sub total_ **||||||**-**|||||||**549**|||||||||||**-**|||||||**549**|||||||||**-**||||
|||||||||||||||||||||||||||||||||||||||||||||||
|||||||||||||||||||||||||||||||||||||||||||||||
||**_Total payments_ **||||||**1,392**||||||||**5,124**||||||||||**-**||||||||**6,516**|||||||||**-**||||
|||||||||||||||||||||||||||||||||||||||||||||||
|**_Net of receipts/(payments)_ **|||||||**18,443**||||||||**85**|||||||||**-**|||||||||**18,528**||||||||**-**|||||
|**A5 Transfers between**||**funds**||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|**A6 Cash funds last year end**||||||||**-**|||||||**-**|||||||||**-**|||||||||**-**||||||||**-**|||||
|**_Cash funds this year end_ **|||||||**18,443**||||||||**85**|||||||||**-**|||||||||**18,528**||||||||**-**|||||
## **Section B Statement of assets and liabilities at the end of the period**
||||||||||**Unrestricted**|**Unrestricted**|||||||**Restricted**|**Restricted**||||||||**Endowment**|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Categories**||**Details**|||||||**funds**|||||||||**funds**||||||||**funds**|||||
||||||||||**to nearest **|**£**|||||||**to **|**nearest £**||||||||**to nearest £**|||||
|**B1 Cash funds**|||||||||**18,443**|||||||||**85**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
||||**_Total cash funds_**||||||**18,443**|||||||||**85**||||||||**-**|||||
|||(agree|balances with receipts|and payments
account(s))|||OK||||||||OK|||||||||OK|||||||
||||||||||**Unrestricted**||||||||**Restricted**|||||||||**Endowment**|||||
||||||||||**funds**|||||||||**funds**||||||||**funds**|||||
||**Details**||||||||**to nearest**|**£**|||||||**to**|**nearest £**||||||||**to nearest £**|||||
||||||||||||||||||||||||||||||||
|**B2 Other monetary assets**||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||**-**||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
||**Details**||||||||**Fund to which**
**asset belongs**||||||||**Cost (optional)**|||||||||**Current value**
**(optional)**|||||
|**B3 Investment assets**||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
||**Details**||||||||**Fund to which**
**asset belongs**||||||||**Cost (optional)**|||||||||**Current value**
**(optional)**|||||
|**B4 Assets retained for the**||||||||||||||||||**-**||||||||**-**|||||
|**charity’s own use**||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**||||||||**-**|||||
||||||||||||||||||||||||||||||||
||||||||||**Fund to which**||||||||**Amount due**|||||||||**When due**|||||
||**Details**||||||||**liability relates**||||||||**(optional)**|||||||||**(optional)**|||||
|**B5 Liabilities**||||||||||||||||||**-**|||||||||||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**|||||||||||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**|||||||||||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**|||||||||||||
||||||||||||||||||||||||||||||||
|||||||||||||||||||**-**|||||||||||||
||||||||||||||||||||||||||||||||
|Signed by one or two trustees on
behalf of all the trustees|||Signature|||||||Print|||Name|||||||||||||Date of
approval|||||
|||
|---|---|
|Print Name|Date of
approval|
|michael adesite
30 July2024||
||30 July2024|
|||
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name BRIDGING BARRIERS **members of On accounts for the year** 31 DECEMBER 2023 **Charity no** 1196973 **ended (if any) Set out on pages**
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023 **DD / MM / YYYY** .
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) 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.
* _Please delete the words in the brackets if they do not apply._
**Signed:** Mabel Balogun **Date:** 31 JULY 2024
## **Name:** MABEL BALOGUN
**Relevant professional** FCCA **qualification(s) or body (if any): Address:** 18 WOODFIELD AVENUE, WEMBLEY HA0 3NR
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
1
**October 2018**
**IER**
**Give here brief details of** N/A **any items that the examiner wishes to disclose** .
2
**October 2018**
**IER**