Trustees’ Annual Report for the period
From 02/04/2023 To 30/04/2024
Charity name: Studley Youth Foundation
Charity registration number: 1199731
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To help young people, especially but not exclusively through leisure time activities, to help develop their capabilities, that they may grow to full maturity as individuals and members of society. |
| 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 |
• Enhance the well-being and life chances of young people in Studley aged 11-18. • Create a community where young people feel valued safe and supported wherever they are on their personal life journey. • Provide dedicated, effective youth work in a variety of ways and settings. • Be proactive in reaching out to young people in an area which, in part, has high levels of deprivation. • Develop young people in realising their emotions, skills, and abilities and how to use them to communicate, interact and network with others. • Enable good role models to inspire the making of good life choices, with further signposting opportunities, so that young people can grow and develop to become the best version of themselves. • Encourage young people to have a voice and to be actively involved in the development of the world around them. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We have reviewed and acting accordingly |
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 | Activities include games such as football, table tennis, snooker, chess, rounders and activities such as art, jewellery, film and magic. Informal discussion sessions with youth workers on daily life and how they would like youth club to develop. Other advice sought by young people is given initially by the youth worker and the youth worker will signpost/ liaise with more expert advice if needed. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity financial position was positive during the whole of the period, with a sufficient surplus of funds and no outstanding creditors at the period end date. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves policy currently, but this will be established within future years to ensure that the charity has robust financial process in place. |
| Amount of reserves held | Para 1.22 | N/A |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Small level of uncertainty of future income streams, however, these are reviewed and addressed on an ongoing basis. |
Structure, Governance and Management
| Description of charity’s trusts: |
We believe that every child and young person should have the opportunity to realise their potential independent of their life circumstances. |
|
|---|---|---|
| Type of governing document | Para 1.25 |
Constitution |
| How is the charity constituted? |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. |
Para 1.25 | Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution |
election to post or name of passed at a properly convened meeting any person or body entitled of the charity trustees. to appoint one or more trustees 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.
Reference and Administrative details
| Charity name | Studley Youth Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1199731 |
| Charity’s principal address | 8 Kiln Close Studley B80 7EF |
Names of the charity trustees who manage the charity
Trustee name 1 Andrew Clarke 2 Justin Kerridge 3 Penny Hunt 4 Alison Lee 5 Shohaib Shafiq
Funds held as custodian trustees on behalf of others
Description of the assets None 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
Exemptions from disclosure
Reason for non-disclosure of key personnel details
None
Other optional information
None
Studley Youth Foundation Profit And Loss Account For the year ended 30 April 2024
| 2024 | |||
|---|---|---|---|
| £ | |||
| Income | Fees | 2,773 | |
| 2,773 | |||
| 2,773 | |||
| Expenses | Bank charges | -62 | |
| Equipment expensed | -25 | ||
| Other legal and prof | -35 | ||
| Rent | -240 | ||
| Staff training & welfare | -72 | ||
| Telephone and internet | -78 | ||
| Travel and subsistence | -75 | ||
| Wages and salaries | -984 | ||
| -1,570 | |||
| Net profit | 1,202 |
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Studley Youth Foundation
Balance Sheet
As at 30 April 2024
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2024
£
Bank Current account 6,505
6,505
6,505
Net assets 6,505
£
Profit and loss account Brought forward 5,303
Net profit 1,202
6,505
Total funds 6,505
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) S.Shafiq Full name(s) Shohaib Shafiq Position (eg Secretary, Chair Chair, etc) Date 09/07/2024