WOKINGHAM JOB SUPPORT CENTRE wjsc Wokingham Job support Qer)tre Helping you find a job
wjsc REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 R Istered Charl Number: 1039801
wjsc WOKINGHAM JOB SUPPORT CENTRE Address: The Comerstone, Norreys Avenue WOKINGHAM Berks RG40 1 UE Bankers: Lloyds TSB High Street BRACKNELL Berks RG12 1BT Hampshire Trust Bank 55 Bishopsgate London EC2N 3AS Independent Examiner: David Lee FSA 14 Chestnut Avenue Wokingham Berks RG413HX
wjsc WOKINGHAM JOB SUPPORT CENTRE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31" MARCH 2024 The Trustees present their Report and Financial Ststements for the Year ended 318t March 2024. The Financial Statements have been prepared in accordan with the accounting policies set out in note 1 to the Financial Statements and comply with the Charity's goveming document, the Charity's Act 2011 and the Ststement of Recommended Practice applicable to tharities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Objectives and Actlvltles The Charity aims to assist both those looking for a better job and also unemployed residents of the Wokingham and Bracknell Forest areas, to gain employment through the supervised provision of serrfls and facilities not otheiSe provided by the Employment SeNice. Job seekers are offered a blend of support, including: assessmen( coaching, advi. support on online applications, IT skills and skills workshops covering interviewing, wrfting CVS, use of social media. getting a job when 50+ and help and support to clients who wish to set up their own business. The Charity was set up because there is no Job Centre in the Wokingham Borough, a UnÈtary Authority currently with circa 177,500 inhabitsnts wrth an expected population of over 192,000 by 2040. An important element of the Charity's activities is to give job seekers time to talk about their issues. to buiEd their self-confidence and to boost their morale. The Trustees are responsible both for overseeing the strategic direction of the Charity and for the management of the organisation and trained volunteers who provide the Interfa with the clients. Administrative Offi work is perfonned by paid part-time employees. Trustees and volunteers are not remunerated for their work. they are however, entitled to reimbursement of expenses incurred when undertaking Chaiity business. Achievements and Perfomance The Trustees have had regard to the Charrty Commissioners. guidan on public benefit and consider that the Charity provides identifiable benefits to those seeking employment in the Wokingham and Bracknell Forest areas. During the year to 318t March 2024 there were 180 new clients (2023- 100), making, in total, 293 (2023 - 268) Client visits to the centre. Clients were able to take advantage of advice, coaching, training, and counselling by trained volunteers and to use the Charty's facilities and technology to identify and pursue employment opportunities. Additionally, with the launch of a new website system, dients are now able book appointments and make use of the WJSC free advisory documents & guides on-line. A total of 24 clierrts took the time to inform us that they had found a job, but we believe the number that found employment muth higher. Further work is planned for the first half of 202412025 to gamer more infomiation on the client outcomes.
wjsc rp WOKINGHAM JOB SUPPORT CENTRE TRUSTEES, ANNUAL REPORT ST FOR THE YEAR ENDED 31 MARCH 2024 (cont.) Over the last 31 years the Charity has helped more than 11,000 local job seekers back into work. Supporting local residents back into work has a major benefit to the local economy, a significant impact on community cohesion and reduces the costs of Benefits. Social Senlices, the NHS and Policing and hugely improves the household finances, health and wellbeing of each job seeker and their families. Financial Review The Charity continues to try to closely balance income and expenditure such that our finances remain both strong and roughly in equilibrium. We have sucSsfUllY continued our policy of both prudence and frugality. The Charity has relied upon local councils for grants in this year. Total of all grants amounted to £28,300 (2023 - £25,550) in the year, to fund the continuation of its activities. Income from all sources including bank interest was £29.046 (2023 £26,074) and expenses of £31,413 (2023 - £28,965) were incurred resulting in a loss for the year of £2,367 (2023 - £891 loss). As the Charity provides a vital and unique community seNice, the Trustees seek to hold sufficient resenies to run the Centre for bNO years, so that there is sufficient time to explore options and altematives if revenues were to be severely reduced. Given the ongoing operating costs, inflation and the current pressure and UnrtaInty surrounding local govemment finances, the Trustees believe that it is appropriate for the Charity to continue to hold two years running expenses in reserves,. this was achieved at 31st March 2024 when unrestricted resenies, which mainly comprise cash balan5, were £51,952 (2023 £54,319). However. at the current run rate, this will not be achieved for 202412025 financial year without increased support from local councils or other donations and grant funding. The Trustees are also aware of the risk to the Charity's funds from fraudulent misappropriation and in order to minimise this risk, financial control and authorisation procedures are operated and the Trustees re1ve regular summarised financial information. The Trustees are also actively looking for ways to reduce costs where ever possible.
wjsc WOKINGHAM JOB SUPPORT CENTRE TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 {conL) Structure, Governance and Management Wokingham Job Support Centre CIVJSC) is an unincorporated association (the °Charity') registered with the Charity Commission No. 1039801 and its principal address is The Cornerstone, Norreys Avenue, Wokingham. Berks RG40 1 UE. The Charity was set up in 1992 and operates under an updated Constitution approved on 17th July 2013. The Trustees vtho held Offi during the year and at the date of this report comprised: Chainnan Treasurer Secretary Trustee Trustee steven Polak David Newbold Richard Middleton Andrew MacNaughton Jenny Micthell Trustees are elected annually at the Annual General Meeting. The Trustees are fulty aware of the need for succession planning and aware of the age profile of both the Trustees and Volunteer Advisors. Where a Trustee resigns a temporary Trustee may be appointed by the Trustees. Day to day activities of the Charity are overseen by Trustees (as there is no management structure) supported by the offi Supervisors and the Management Committee, which comprises the Trustees and such staff, volunteers and other supporters of the organisation as the Trustees invite. The Annual Report was approved by the Trustees and signed on their behalf on.. Chairman
wjsc WOKINGHAM JOB SUPPORT CENTRE STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Charity's Trustees are responsible for preparing the Trustees, Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the stste of affairs and the incoming resources and application of resources for that year. In preparing these Financial Statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently., Obsenie the methods and principles in the Charities SORP., Make judgements and estimates that are reasonable and prudent., State whether applicable accounting standards have been followed. subject to any material departures being disclosed and explained in the Financial Statements; and Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the Financial Statements comply with the Charities Act 2011 and as amended Charities Act 2022, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
wjsc WOKINGHAM JOB SUPPORT CENTRE STATEMENT OF FINANCIAL ACTIVITIES ST FOR THE YEAR ENDED 31 MARCH 2023 2024 2023 Income from: Donations and Grants (Note 2) 28,512 25,550 Interest Recelved (Note 2) 534 524 29,046 26,074 Ex endlture on Charftable Actlvitles: Salaries (support staffj (Note 7) Rent, Service Charges & Room Booking Offi. Printing, Postsge, Ststionery Telephone Insuran Meeting Refreshments & Sundries 16,519 8,347 15,319 5,487 261 398 221 436 266 Fll Computer & Intemet Dues & Subscriptions Book keeping Gifts & Other Expenses Marketing Depreciation 2,046 86 1,215 100 1,409 105 3,662 35 875 100 313 Total Net Movement of Funds (2.367) (891) Brou ht Fonmard: 210 Accumulated Unrestricted Funds:
wjsc WOKINGHAM JOB SUPPORT CENTRE BALANCE SHEET ST AS AT 31 MARCH 2024 FIXED ASSETS: 2024 2023 Tangible Assets 418 418 less Depreciation 418 313 Net Assets (Note 3) 105 CURRENT ASSETS: Cash at Banklln Hand (Note 4) 54,444 57,079 Debtors & Prepayments (Nots 5) 107 116 64,551 CURRENT LIABILITIES: (due wlthin one year) (Note 6) 57,195 2,599 2,981 NET ASSETS: REPRESENTED BY: Accumulated Unrestricted Funds: Approved by the Trustees and signed on their behalf by: Stsven Polak: ... Chaimian David Newbold: ..Treasurer Date: .131.y.J LLk The accompanying notes are an integral part of these Financial Statements.
wjsc WOKINGHAM JOB SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2024 ACCOUNTING POLICIES Accounting Convention The Financial Statements have been prepared under the historic cost convention with items recognised at cost or transaction value unless otheiSe stated in the notes to these Financial Statements. The Financial Statements have been prepared in accordan with the Charities Act 2022 (as amended March 2024), the Statement of Recommended Practice - Accounting and Reporting by Charities preparing their Financial Statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 1A) as updated March 2021 and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 1A). The Charity constitutes a public benefrt entity as defined by FRS 102 1A. The Financial Statements are prepared in Sterling which is the functional currency of the Gharity. 1.2 Golng Concern At the time of approving the Financial Statements the Trustees have a reasonable expectstion that the Charity has adequate resources to continue in operats'onal existen for the foreseeable future. The Trustees therefore, continue to adopt the going concem basis of accounting in preparing the Financial Statements. Charitable Funds All of the Charty's funds are unrestricted and available for use at the discretion of the Trustees in furtheran of the Charity's objectives. Income Income is recognised when the Charity is legally entitled to ic the amounts can be MeasUj reliably and it is more likely than not that the income will be received. Expenditure Expenditure is accounted for on an accruals basis, inclusive of VAT, when applicable, which cannot be recovered. io
wjsc WOKINGHAM JOB SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2024 Fixed Assets Fixed assets comprise Offi and computer equipment the cost of which is depreciated at 33.30/0 per annum on a straight line basis. Cash The Charity has cash on deposit with a maturity date of 1 year held for investment purposes rather than to meet short temi commitments as they fall due. Debtors Debtors are shown at the value that is expected to be received. Current Llabllities Current liabilities are shown at the value that is expected to be paid. 2. DONATIONS AND GRANTS: 2024 2023 Borou Wokingham 18,200 15,000 Town & Parlsh Counclls Earley Bracknell Shinfield Wokingham Town Wokingham Without Arborfield & Newland Barkham Winnersh Crowthorne Finchampstead Tword 300 1,500 200 5,000 200 200 400 500 500 1,000 300 1,500 300 5,000 200 150 400 500 800 1,000 300 28,300 25,150 other Recei Rotary Club of Wokingham Charities Aid Foundation 200 12 400 Interest 534 524 Totals: li
wjsc WOKINGHAM JOB SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS ST FOR THE YEAR ENDED 31 MARCH 2024 (cont.) 3. FIXED AS8Ers: Net Book Value at 31- March 2024 4. CASH 2024 2023 Short term deposft Cash at bank and on hand Total 41,398 40,864 57,079 5. DEBTORS & PREPAYMENTS 2024 2023 Prepayments Debtors Total 107 116 107 116 6. CURRENT LIABILITES (due wlthin one year) L2 24 Trade Creditors Accruals Total 2023 37 2,441 540 2,981 2.599 7. EMPLOYEES During the year the Charity had 3 part-time employees (2023 - 2) (one full time equivalent) and their total remuneration was £16.236 (2023 - £15,319). Social SeIlty and other employment costs were £283.50. No employees leived totsl remuneration of more than £60,000. 8. TRUSTEES REMUNERATION AND EXPENSES The Trustees do not re1ve remuneration but are reimbursed expenses incurred on behalf of the Charity (such as stationery, consumables or other expenses) or in canying out their dut (suth as travel). Trustees were reimbursed expenses as follows: Steven Polak £226 (2023 - £258> 9. RELATED PARTIES, TRANSACTIONS There were no related parties. transactions in the year (2023 - Nil).
wjsc INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOKINGHAM JOB SUPPORT CENTRE I report on the Financial Statements of the Charity (registered no.. 1039801) for the Year ended 31°, March 2024 which are set out on pages 2 to 12. Respective Responsibllities of the Trustees and Independent Examlner The Charity's Trustees are responsible for the preparation of the Financial Statements in accordance with the Charities Act 2011 ("the Act") and 2022 and 2024 as amended. The Charity's Trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is required. It is my responsibility to.. examine the Financial Statements under section 145 of the Act., follow the applicable Directions given by the Charity Commission (under section 145 (5) (b) of the Act, and state whether particular matters have come to my attention. Basis of Independent Examiner's Report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the Financial Statements presented with those records. It also includes consideration of any unusual items or disclosures in the Financial Statements and seeking explanations from the Trustees conceming any such matters. The prOdureS undertaken do not provide all the evidence that would be required in an audrt and consequently no opinion is given as to whether the Financial Statements present a 'lrue and fair view" and the report is limited to those matters set out in the statement below. Independent Examlner's Statement In connection with my examination, no material matters have come to my attention which give me cause to believe that in, any material respect.. the accounting records were not kept in accordance with Section 130 of the Act" or the Financial Statements did not accord with the accounting records,. or the Financial Statements did not comply with the applicable requirements conceming the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the Financial Statements give a "true and fairf, view which is not a matter considered as part of an independent examination. I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the Financial Statements to be reached. Davld Lee FCA....... 13