## **Trustees’ Annual Report for the period**
**From Period start date To Period end date**
**Charity name:** Daring Diadems
**Charity registration number:** 1200678
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The purpose of the charity is to advance
the development and education of young
people; to provide the care and necessary
facilities for young people out of school; to
promote equality between young people of
different races; to provide vocational
education, recreational and training
opportunities. All these are to promote
physical, mental and emotional well being
of children and 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|The main activities that take place include,
educational and recreational trips, weekly
social interactions, discussions, mentoring,
support, storytelling, indoor and outdoor
games.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Yes, the trustees have had regard to the
guidance issued by the Charity
Commission on public benefit. Our
activities benefit children and young people
by developing their self-confidence and
social skills, IT and life skills and providing
opportunities for self-expression and
emotional development. We welcome all
young people aged between 6:00 and 16
years regardless of personal background,
face, gender or personal circumstances.|
**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|||
|---|---|---|
|Contribution made by
volunteers|Para 1.38|**The activities were supported and**
**supervised by a mix of volunteers and**
**casual staff. The charity successfully**
**put together its first set of volunteers**
**and casual staff team who have become**
**invaluable running the activities of the**
**charity.**|
|Other|||
## **Achievements and Performance**
- SORP reference **1. successfully put together a working team of casual staff and volunteers.**
- Summary of the main **2. Successfully held weekly** Para 1.20
- achievements of the charity, **meetings throughout the year** identifying the difference the **with children and young people** charity’s work has made to **aged 6 to 16 years.** the circumstances of its **3. Provided emotional support,** beneficiaries and any wider **career advice and guidance for** benefits to society as a **participants. This was done** whole. **through workshops, one to one sessions and question and answer sessions.**
- **4. Enabled young people to develop research, money management and other life skills. Each participant researched a topic and gave a presentation to the larger group.**
**5. Promoted mental well-being through the support group that was created. Outdoor games which included different competitions in football, racing, basketball and ping pong was well enjoyed by our participants whose physical well-being was promoted.**
**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||
|---|---|---|
|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|**Our income for this period was the grant**
**made by Manchester City Council and a**
**donation from one of our members. At**
**the end of the period, these were**
**depleted and only had that donation**
**remaining. We did not charge activity or**
**entrance fees this period.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Being a new charity, we are still**
**developing income streams. As we**
**progress, our aim is a minimum of three**
**months in reserve. **|
|Amount of reserves held|Para 1.22|**£100**|
|Reasons for holding zero
reserves|Para 1.22|**Not Applicable**|
|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||
|---|---|---|
|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||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**Not Applicable**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|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|**New Trustees may be recruited to the**
**Board at any time by the Trustees. In**
**selecting individuals for appointment as**
**Trustees, the 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’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|Daring Diadems|
|---|---|
|Other name the charity uses||
|Registered charitynumber|1200678|
|Charity’s principal address|104 Church Lane, Harpurhey, Manchester M9 4NH|
|||
## **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)**|
|---|---|---|---|---|
||Zechariah
Omagbemi|Chair|||
||Omorolake Akinuli||||
||Oke Eleyae||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– 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 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)**
## **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**|||
|---|---|---|
||Zechariah Omagbemi||
||
Chairman||
||02/07/2024||
||02/07/2024||
|Daring Diadems|Daring Diadems|Charity No|1200678|1200678||
|---|---|---|---|---|---|
|||
Company No||||
|Annual accounts for theperiod||||||
|Period start date|**10/13/2022**|**7/31/2023**|Period end
date|7/31/2023||
## **Section A Statement of financial activities (including summary income and expenditure account)**
|**Recommended categories by activity**
Guidance Note
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
**_Total_**
S07
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material expense item
S10
Other
S11
**_Total_**
S12
S13
Tax payable
S14
S15
S16
**Net income/(expenditure)**
S17
**Extraordinary items**
S18
**Transfers between funds**
S19
S20
Other gains/(losses)
S21
**_Net movement in funds_**
S22
Total funds brought forward
S23
**_Total funds carried forward_**
S24
**Net income/(expenditure) before tax for**
**the reporting period**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
Net gains/(losses) on
investments
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the
charity’s own use
**_Reconciliation of_**
**_funds:_**|**£**
**£**
**£**
F01
F02
F03
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**£**
**£**
**£**
F01
F02
F03
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**£**
**£**
**£**
F01
F02
F03
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Total funds**
**£**
**£**
F04
F05
**Prior year**
**funds**|**Total funds**
**£**
**£**
F04
F05
**Prior year**
**funds**|**Total funds**
**£**
**£**
F04
F05
**Prior year**
**funds**|
|---|---|---|---|---|---|---|
||2,500|-|-||2,500|-|
||-|-|-||-|-|
||-|-|-||-|-|
||-|-|-||-|-|
||-|-|-||-|-|
||-|-|-||-|-|
||2,500|-|-||2,500|-|
||||||||
||-|-|-||-|-|
||2,500|-|-|||-|
||||||||
|||-|-||-|-|
|||-|-||-|-|
||||||||
||2,500|-|-||2,500|-|
||-|-|-||-|-|
||2,500|-|-||2,500|-|
||-|-|-||-|-|
||2,500|-|-||2,500|-|
||-|-|-||-||
||-|-|-||-|-|
||||||||
||-|-|-||-|-|
||-|-|-||-|-|
||2,500|-|-||2,500|-|
||||||||
||-|-|-||-|-|
||2,500|-|-||2,500|-|