## **Trustees’ Annual Report for the period** **From:** 08/11/2023 **To:** 31/10/2024 **Charity name:** WeJam Foundation **Charity registration number:** 1205636 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|For the public benefit amongst children and
young people, and in particular but not
exclusively, those with special educational
needs and disabilities, the advancement of
education and development in all aspects of
music and related skills, including teamwork
and confidence building.| |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 activity is delivering music
workshops to young people in need| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees are aware of the guidance
and have taken it into account when making
a decision to which the guidance is relevant| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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|For this reporting period we have not yet
delivered any work, however we were
successful in our fundraising efforts, and our
work for the public benefit will begin in the
next reporting period| **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|At the end of the period we have £404 in
unrestricted funds, and £12,389 in restricted
funds| |
Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|We aim to maintain 3 months operating
expenditure as reserves to allow us to
continue operating given the unpredictable
nature of our income| |Amount of reserves held|Para 1.22|£404| |Reasons for holding zero
reserves|Para 1.22|n/a| |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|| |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:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Charity Commission foundation model**
**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|There must be at least three charity trustees.
If the number falls below this minimum, the
remaining trustee or trustees may act only to
call a meeting of the charity trustees, or
appoint a new charity trustee.
There is no maximum number of charity
trustees that may be appointed to the CIO.
Apart from the first charity trustees, every
trustee must be appointed for a term of three
years by a resolution passed at a properly
convened meeting of the charity 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.| ## **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|WeJam Foundation| |---|---| |
Other name the charity uses|| |
Registered charity number|1205636| |Charity’s principal address|5-7 Buck St, London, NW1 8NJ| ||| **Names of the charity trustees who manage the charity** ||**Trustee Name**|**Office (if any)**|**Dates acted if not for whole year**| |---|---|---|---| |1|Chris Spreadbury|Chair|2023-present| |2|Oscar Leonard||2023-present| |3|Chyaro Hylton||05/11/2024-present| ## **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 ______________________________________ Full name Chris Spreadbury Position Chair of Trustees Date 27/02/2025** **----- Start of picture text -----**
Charity Name No (if any)
WeJam Foundation 1205636
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 08/11/2023 31/10/2024
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
The Follett Trust-donation 500 - - 500 -
Young Camden Foundation - 4,889 - 4,889 -
The Childwick Trust - 3,000 - 3,000 -
East End Community Foundation - 4,500 - 4,500 -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 500 ] 12,389 - 12,889 -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 500 12,389 - 12,889 -
A3 Payments
Insurance 96 - - 96 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 96 ] - - 96 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 96 - - 96 -
Net of receipts/(payments) 404 12,389 - 12,793 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 404 12,389 - 12,793 -
**----- End of picture text -----**
CCXX R1 accounts (SS) 30/01/2025 1 |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Nat West Bank
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**404**
**12,389**
**-**
**-**
**-**
**-**
**404**
**12,389**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Chris Spreadbury|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
17/02/2025| CCXX R2 accounts (SS) 30/01/2025 2