Trustees’ Annual Report for the period
From 01/08/2023 Period start date To 31/07/2024 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 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 a set of volunteers and casual staff team who have become invaluable running the activities of the charity. |
| 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 | 1. successfully put together a working team of casual staff and volunteers. 2. Successfully held weekly meetings throughout the year with children and young people aged 6 to 16 years. 3. Provided emotional support, career advice and guidance for participants. This was done through workshops, one to one sessions and question and answer sessions. 4. Enabled young people to develop research, 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 made by Manchester City Council and the National Lottery. 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 charity number | 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 | ||||
| Fikeshola Akinde | ||||
| Kehinde Oyenuga | ||||
– 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) Zechariah Omagbemi
Position (eg Secretary, Chairman Chair, etc)
Date
28/05/2025