2021 – 2022 AGM date: 15/6/2022
Agenda
Welcome
Annual report on activities
Annual finances
Dissolution of committee
AOB
Welcome – The meeting started with a quorum of the committee members, and we were welcomed by the convener . She acknowledged the presence of the Treasurer and the Secretary . There were no apologies tendered.
Annual report on activities
The annual report of activities was shared with the trustees and adopted. It was agreed that the annual report can be submitted to the SCIO. A summary of activities that that were undertaken in the year include:
-
Sharing information about scholarships and presenting stories of visible role models on our social media pages to inspire young girls including Instagram and on the website.
-
Awarded scholarships to 4 girls studying STEM subjects in support of their education.
-
Organised a virtual STEM interschool quiz competition for girls in secondary schools in Nigeria.
Annual Finances
-
In the year 2021-2022, zero funds were raised for the charity through fund raising activities. Instead, the trustee members donated money from personal funds as required to achieve the objectives above. The Trustees feel uncomfortable about raising funds until a bank account has been opened . A bank account is yet to be opened.
-
The statement of accounts prepared for submission to SCIO was unanimously adopted by the committee as being ready for submission to SCIO.
Other information
-
The YellowRose Launchpadcommittee has been considering whether to keep the organisation as a registered charity. This is due to the fact that most of our activities are being run virtually. This was noted and a request was made to debate at the next AGM.
-
The Treasurer raised the motion that each committee member was expected to retire from office as per clause 27 of the constitution. This motion was unanimously agreed and all officers were retired.
-
Following this motion, the Secretary raised the motion that as per clause 27.1 of the constitution, that the committee were deemed to be re-elected. There was no contest to this motion and it was adopted unanimously. All committee members were re-elected.
AOB
-
The date for the first GM in 2022 was agreed to take place on the 30[th] of July.
-
No other points were raised.
Signed by and date ____________
OSCR 5((Rtth Charity Re8uL31or Inde endent examiner's re ort on the accounts Report lo the trusteeslmembers of ellow Rose LaunchPad Registered charty number On the accounts of the charity for the period C050919 Period stsrt date Period end date Nknth Year 21 Set out on pages Respective The charity's knjstees are res(sible for the preparation of the accounts in accordance responsibilrties of trustees and examiner with the tenns of the Charities and Trustee Invesknent (Scotlandl 2005 Act and the Charities Accounts (Scoand} Regulations 2006. The charity knjstees consider that the audit requirement of Regulaticffl 10{11 {d) of the Accounts Regulations does not apply. It is my reswnsibilty to examine the accounts as required under section 44111 Icl of the Act and to state whether parbcular matters have come to my attentKn. Basis of independent My examination is carrd in acCdance with RegulatK)n 11 of the Charities examiner'sstatement Accounts {Seorfand) Regulations 2006. An examination includes a review of the accounting records kept by the eharity and a eLnparison of the accounts presented with those records. It also indudes eonsKleration of any unusual items or disclosures in the accounts and seeks explanations from the trustees eonceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and. consequently, I do not express an audr( opinion on the accounts. In the course of my examination, no matter come to my attention {other than that disdosed on the attached page1 Independent exarniner's statement which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 44111 (al of the 2005 Acl and Regulation 4 of the 2006 Accounts RegulatKJns, and to prepare accounts which accord with the accounting record5 and compty with Regulatbjn 9 of the 2006 Accounts Regulatn5 have not been met or to whieh, in my opinh)n, attentiM should be drawn in order to enable a proper understanding of the accounts to be read)ed. Date: 7 01/09/2022 Signed: Narne: Relevant professional Association of Certif led Chaitered Accountant5 IACCAI qualification(s) or body Institute of Finaneial Accountants IFFAI (if any): Institute of Charteied Internal Au(kntor of UK & lEeland ICMIIAI Certif led Fiaud Exarninei {CFEI Address: Please ete Ihe br$ aFfty. Wy, sd (Jt nwttws CO to your attenth)Tr on the olkwng page.
Disclosure section Only Complete rf the examiner needs to highlight material problems. Give here brief details of any items that the examiner wishes to disclose
APPENDIX 4 Other optional information None Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charfty's trustees Signature(s) Full name(s) Position (e.g.. Chair) Chair/Convener Date 10106r2022
APPENDIX 1 oscr Period start dale Mr1h Y8ar Period end dale *)nth Y881 From 21 To 2022 offi of the Scottish Charity Regulator Reference and administration details Charity name other names charity is known by Registered charity number Charity's principal address Yellow Rose LaunchPad SCIO Yellow Rose SC050919 Postcodd Names of the charity trustees on date of approval of Trustees. Annual Report Trustee name otrice {rf any) Dates acted if not for whole year (or body) entitled to aPprt Itee {rf any) NIA Convenerl Chair NIA NIA Treasurer NIA Secretary NIA NIA
APPENDIX 2 Reference and administration details Names of all other charity trustees during the period. rf any. {for example. those who resigned part way through the financial period) structure, governance and management Type of governing document The Charity is administered by a Board of Trustees supported by volunteers. There are presenty three Trustees, and all administrative work is frC the homes of voluntee. There are no employee5. Trustee recruitment and appointment Three Trustees remained unchanged from institukn'on. No additional trustees have ken recruited through the year. Objectives and activities Charitable purposes To alVare edU&itIc young women in Science, Technology and Mathematic5-related subj.ects in NHJeria. To relieve the needs of young wornen in Nigeria who are disathiantaged by being at risk of not continuing edU10n due to adverse socioeconomie factots sueh as". laek of funds, domestie or emotional abuse, threat of eady marriage, teenage pregnancy, and homelessness, and in furtherance of these purposes by the followng activities: making available scholarships and funding to support the education of young women in Nigeria. 4.3 Wor1(ing in partnership with other bodies to achieve the purposes. 5 The area within which the organisation shall operate (in this constitution referred to as the 'ea of Benefft'l shall be Nigeria. 1. Sharing infcffiiation about scholarships and presenting stories of VIble role modeLs on our social media pages to inspire young girls iluding Instagram and C the websrte. Sumrnary of the main activitie5 in relation to these objects 2. Awarded SrShipS to 4 girls studyiThJ STEM subj.ects in support of their education. 3. Organised a virtual STEM interschool qUE competition for girls in secondary schcols in Nigeria.
APPENDIX 3 Achievements and performance Summary of the main achievements of the charity during the financial period 1. Sharing infomwtK)n atM)Ut sclM)larships and presenting stories of VIble role models on our social media pages to inspire young girls induding Instsgram arKI on the website. 2. Awarded sclKJLarships to 4 girls Stly1rj STEM subjects in support of Iheir education. 3. Organised a virtual STEM interschool quiz competion for girls in secondary schcols in Nigeria. Financial review Brief statement of the charity's policy on reserves The main source of income for the charity will be through donations and fundraising aCtiVe$. We have not receNed any grants. No bank account has been opened as at yet and no fvnds have been raised from the public. The Trustee eontinue to donate from personal ffinantss as needs eome up. Detai15 of any deficit None Donated facilities and services Irf any) None
APPENDIX 4 Other optional information None Declaration The trustees declare that they have approved the truslees. report above. Signed on behalf of the charity's trustees Signaturels) Full namels) Position le.g., Chair) Chair1CVene[ Date 1010612022
Yellow Rose launch Pad
Statement of Receipts and Payments for the year ended 30 April 2022
Enter SC No. below
SC050919
| A1 Receipts | Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total funds current period to nearest £ |
Total funds last period to nearest £ |
|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Donations | - | - | |||||||||
| Legacies | - | ||||||||||
| Grants | - | - | |||||||||
| Receipts from fundraisingactivities | **1,284 ** | **1,284 ** | |||||||||
| Gross tradingreceipts Income from investments other than land and buildings Rents from land & buildings Gross receipts from other charitable activities A1 Sub total A2 Receipts from asset & investment sales Proceeds from sale of fixed assets Proceeds from sale of investments A2 Sub total Total receipts A3 Payments Expenses for fundraising activities Gross trading payments Investment management costs ~~ |
~~ | - | |||||||||
| - | |||||||||||
| - | |||||||||||
| - | |||||||||||
| - | |||||||||||
| 1,284 | - | - | - | 1,284 | - | ||||||
| ~~ | ~~ | ||||||||||
| ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ||
| ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ||
| - ~~ |
~~ | ~~ | ~~ | - ~~ |
~~ | ~~ | ~~ | - ~~ |
~~ | ~~ | |
| ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | |
| 1,284 ~~ |
~~ | ~~ | ~~ | - ~~ |
~~ | ~~ | ~~ | - ~~ |
~~ | ~~ | |
| 100 ~~ |
~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | ~~ | |
| - | |||||||||||
| - | |||||||||||
| 100 | |||||||||||
| Payments relating directly to charitable activities |
610 | 610 | |||||||||
| Grants and donations | - | ||||||||||
| Governance costs: | - | ||||||||||
| Audit / independent examination | - | ||||||||||
| Preparation of annual accounts | - | ||||||||||
| Legal costs | - | ||||||||||
| Other | Other 573 | 573 | |||||||||
| - | |||||||||||
| **A3 Sub total ** | 1,283 | - | - | - | 1,283 | - | |||||
| A4 Payments relating to asset and investment movements ~~==~~ |
~~==~~ | ||||||||||
| Purchases of fixed assets ~~==~~ |
~~==~~ | - | |||||||||
| Purchase of investments ~~==~~ |
~~==~~ | - | |||||||||
| A4 Sub total ~~==~~ |
- ~~==~~ |
- | - | - | - | - | |||||
| ~~==~~ | ~~==~~ | ||||||||||
| Totalpayments ~~==~~ |
1,283 ~~==~~ |
- | - | - | 1,283 | - | |||||
| ~~==~~ ~~———~~ |
~~==~~ ~~———~~ |
~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | ||||||
| Net receipts / (payments) ~~———~~ |
1 ~~———~~ |
~~———~~ | - ~~———~~ |
~~———~~ | - ~~———~~ |
- | 1 | - | |||
| ~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | ||||||
| A5 Transfers to / (from) funds ~~———~~ |
~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | - | ||||||
| ~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | ~~———~~ | |||||||
| Surplus / (deficit) for year ~~———~~ |
1 ~~———~~ |
~~———~~ | - ~~———~~ |
~~———~~ | - ~~———~~ |
- | 1 | - |
Section B Statement of balances
| Section B Statement | of balances | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Categories B1 Cash funds |
Details | Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
||||
| Surplus / (deficit) shownon receipts and Cashand bankbalances at start ofyear |
1 | - | |||||||||
| 1 | |||||||||||
| - | |||||||||||
| - | |||||||||||
| Cash and bank balances at end ofyear g p p y account(s)) |
1 - - - 1 - - - - - |
- | - | - | 1 | - | |||||
| - |