JUNIPER TRUST Registered Charity mber: 1053356 TRUSTEES, ANNUAL REP RT AND ACCOUNTS FOR THE YEAR ENDED 28th FEBRUARY 2024 CONTENTS Members of the Board and Professional Advisers Trustees, Annual Report Independent Examlner's report to the Trustees Statement of Financial Activities (incorporating the Income and Expenditure Account) Balance Sheet Accounting Policies io Notes to the Accounts 12
JUNIPER TRUST MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Registered charity name The Juniper Trust Charlty number 1053356 Principal office 30 Wordsworth Street, Penrith CAII 7QY LIST OF OFFICERS Patron Sir Christia n Bonington Presldent Angela Locke Chalrman Glenn Rowley Treasurer Ronald Kenyon TRUSTEES Glenn Rowley Ronald Kenyon BANKERS Barclays Bank plc Market Square Penrith INDEPENDENT EXAMINER Andrew Liddle FCA, for and on behalf of Saint & Co 4 Mason Court, Gillan Way Penrith 40 Business Park Penrith Cumbria CAII 9GR
JUNIPER TRUST TRUSfEES' ANNUAL REPORT FOR THE YEAR ENDED 28th FEBRUARY 2024 The trustees are pleased to present their report and unaudited accounts of the charity for the year ended 28th February 2024 REFERENCE AND ADMINISTRATIVE DEfAILS Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 2 of the accounts. THE TRUSTEES The trustees who served the charity during the period were as follows.. Glenn Rowlev Ronald Kenyon STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng Document The Charity's governing document is the Constitution adopted on 15th February 1996. Method adopted for the recruitment and appointment of new Trustees The Trust recruits and appoints new trustees when suitable people appear. There are also a number of other volunteers involved in the Trust who are not Trustees but who help with the runnin8 of the Trust, the projects and fund raising. Organlsatlonal structure Juniper Trust is an independent charity. The general control of the charity is in the hands of the Trustees. Major risks to which the charity is exposed The Trust has been involved in a number of projects over the years and worked with as appropriate. In the last few years it has been mainly involved with the effect of the earthquake in Nepal in April 2015, This gave additional problems with fund ra ising and logistics of control with projects. These however have been well managed with the personnel, volunteers and members of Trust in the United Kin8dom and overseas, pa rticularly in Nepal and Pakistan, with all projects having local, reliable contacts. OBJECTIVES AND AcfiviTIES Objects of the Charity The objects of the Charity are - The relief of person5 in the Himalayan region of Asia and other areas who are in conditions of need, ha rdship a nd distress. How our activities achieve public beneflt We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
JUNIPER TRUST REPORT OF THE OFFICERS FOR THE YEAR ENDED 28th FEBRUARY 2024 ACHIEVEMENTS AND PERFORMANCE REVIEW OF ACTIVITIES The Trust was pleased to finish the rebuilding of the 20th school, at Ranjani Beni, since the earthquake in April 2015 and is now concentrating on improvements at the schools. The Trust is continuing with the Quality Education Project the Trust for the schools in the Kinja area, The Trust is continuing the tree planting project in the Kinja area of Nepal and looking to plant 100,000 trees over 10 years. The trees planted are f ruit trees and the planting has been aided by the local population and the fact that the trees will yield fru it available for the locals to eat and sell as well as the benefits to the environment. The Trust has helped with schools in Pakistan at Askole, In the Hushe Va Iley schools and also at Shadrl School in the Ishkomen area. Fund raising and expenditure continue5 on other ongoing projects, indicated in the accounts, with the School at Ichar in India and the orphanage at Karama in Tanzania. FINANCIAL REVIEW The charity still has a positive income balance from the actlvities undertaken during the year. However, it is heavily reliant on donations from various organisations and the general public and the importance of this rema ins pivotal to the future operations of the charlty. Reserves pollcy The charity held £11,6821£-262 in unrestricted funds and £11,944 in reslricted funds) In reserves at the start of the year which decreased at the end of the year to £1,1581£-1,179 in unrestricted and £2,338 in restricted funds). The Trustees are confident that the negatlve balance on the Unrestricted Reserve will be covered by funds raised in the coming year. Investment Powers and Restrlctlons The Officers and Trustees have the power to invest in such assets as they see fit. PLANS FOR FUTURE PERIODS The Trust is developing the Quality Teaching Programme around the schoo15 near Kinja and planting of trees In that area. The Trust Ss looking at the idea of payment donations to the Trust linked to carbon footprints of travel and offset against tree planting. It 15 also becoming more involved with schools in Pakistan at Askole, Hushe Valley and Ishkomen Va Iley as well as reviewing link with the schools in Zanskar and Tanzania,
JUNIPER TRUST RESPONSIBILITIES OF THE TRUSTEES The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. The law applicable to charitie5 in England and Wales requires the trustees to prepare financial statements In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently,. observe the methods and principles in the Charities SORP,, make judgements and accounting estimates that are reasonable and prudent; state whether applicable Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity wlll continue in operation. The trustees are responsible for keeplng proper accounting records that disclose with reasonable accu racy the financial position of the charity a nd enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity IAccount5 and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the prevention and detection of f raud and other irregularities. The trustees are responsible for the ma Sntenance and integrity of the charlty and financial information included on the charity's website, Approved by the trustees on and slgned on their behalf by us to sign it on thelr behalf. Chairman G Rowley Treasurer RJ Kenyon
JUNIPER TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JUNIPER TRUST FOR THE YEAR ENDED 28th FEBRUARY 2024 I report on the accounts of the charity for the year ended 28th February 2024 which are set out on pages 8 to 14. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees are responsible for the preparation of the financial statements. The trustees conslder that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Attl and that an independent examlnation is needed. Having satisfied myself that the charity is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the general Directions given by the Charity Commission under settion 14515llbl of the 2011 Act,. and to state whether particular matters have come to my attentlon. BASIS OF INDEPENDENT EXAMINER'S REPORT My examSnation 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 accounts presented with those records. It also include5 consideration of any unusual item5 or disclosures in the accounts, and seeking explanations from you a5 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit and consequently no opinion Is given as to whether present a 'true and falr vlew, and the report Is limlted to those matters set out In the statement below. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attention., 111 which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Charities Act; and to prepare account5 which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or 121 to which, In my opinion, attention Should be drawn in order to enable a proper understanding of the accounts to be reached. Andrew Liddle FCA, for and on behalf of Saint & Co Independent Examiner 4 Ma50n Court, Gillan Way Penrith 40 Busines5 Park Penrith Cumbria 119GR
JUNIPER TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 28th FEBRUARY 2024 Unrestrlcted Restrlcted funds funds Notes 2024 2023 INCOME AND EXPENDITURE Donations 1,347 25,427 26,774 27,156 Total Income 1,347 25,427 26,774 27,156 EXPENDITURE Expenditure on charitable activities 12,2641 135,0331 137,2981 140,0151 2,264 35,Q33 37,298 140,015 NET INCOME (EXPENDITURE) (9171 (9,606) 110.5241 (12,859) NET INCOME BEFORE TRANSFERS Transfers between funds NET INCOME (EXPENDITURE) FOR THE YEAR 19171 19,6061 110,5241 112,8591 RECONCILIATION OF FUND5 Total Funds brou8ht forward (2621 11,944 11,682 24,542 TOTAL FUNDS CARRIED FORWARD (1,179) 2,338 1,158 11,682 The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities.
JUNIPER TRUST BALANCE SHEET AS AT 28th FEBRUARY 2024 Notes 2024 2023 CURRENT ASSETS Bank Current Account 1,558 12,082 CREDITORS: Amounts falllng due wlthln one year Accruals- Independent Examination Fee (4001 14001 NET ASSETS 1,158 11,682 2024 2023 FUNDS OF THE CHARITY Unrestricted funds Restricted funds 11,1791 2.338 12621 11,944 TOTAL CHARITY FUNDS 1,158 11,682 These financial statements were approved by the Trustees and authorised for issue on and signed on their behalf bv . Chairman G Rowley Treasurer R J Kenyon
JUNIPER TRUST ACCOUNTING POLICIES AS AT 28th FEBRUARY 2024 Statement of compliance These financial statements have been prepared in compliance with FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applica ble in the UK and Republic of Ireland IFRS 102) (Charities SORP IFRS 102}l and the Charities Act 2011. Basis of preparation The financial statements have been prepared on the historical cost basis. The financial Statements are prepared In sterlin& which 15 the *unctional currency of the entity, The charlty meets the definition of a public benefit entlty under FRSIO2. Going concern There are no material uncertainties about the charity's ability to continue. Debtors Trade and other debtors are recognlsed at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Judgements and key sources of estlmatlon uncertalnty The preparation of the financlal statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: - None Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome, The key assumptions and other sources of estimation uncertainty that have a signif icant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial yearare as follows: None
JUNIPER TRUST ACCOUNTING POLICIES AS AT 28th FEBRUARY 2024 Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the dep051t or similar account (other than those held for investment purposes). Credltors and provisions Creditors and provisions are recognised where the charity has a present obligation resultin8 from a past event that will probably result in the transfer of funds to a third pa rty and the amount due to settle the obligation can be measu red or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Fund accounting U nrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity. Restricted fund5 are those donated f or use in a particular area or tor specif ic purposes, the use of which 15 restricted to that area or purpose. Incoming resources Income is received by way of donations and are included in tull in the Statement of Financial Activities when receivable. Such income is only deferred when the donor specifies the income must be used in future accountlng periods. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation. Investment income is accounts for in the period in which the charity is entitled to receipt. Resources expended Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to expenditure. All expenditure is accounted for on an accruals basis and has been classified under headin85 that a88regate all costs related to the category. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benef iciaries. It included both costs that can be allocated d irectly to such activities and those costs of an indirect nature necessary to support them. Governance costs Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustees meetings and the cost of any legal advice to trustees on governance and constitutional matters. 10
JUNIPER TRUST NOTES TO THE ACCOUNTS AS AT 28th FEBRUARY 2024 I VOLUNTARY INCOME 2024 2023 Unrestricted funds Restricted funds 1,347 25,427 1,170 25,986 26,774 27,156 RESTRicfED FUNDS 2024 2023 Donations Recelved wlth Tax Refund and Fund Raislng 11,152 1,543 1,249 3,114 8,007 362 Expendlture In Ye•r Net Income Net Income IExpendlturel (Expendlturel 19,6391 15,1971 11.6671 625 388 11,2531 14,7911 11.2091 96 1091 {11,8381 Pr Tran5fer5 Nepal Schools Adventure Aid Nepal Trees in Nepal Nepal - Quality School Prolect Pakistan Schools - Askole, Hu5he, Ishkomen Ichar school Zanskar Karama Orphanage 3,114 123,9051 13,2101 18611 13,1141 16,5451 15131 1,463 1150) 25,427 135,033} {9,605) 2 COSTS OF ACTIVITIES BY FUND TYPE Unrestrlcted Funds support costs Posta8e and Sundry Costs Just Givin8 charges Website and computers Governance costs Account5 Examination 2024 2023 562 1,265 389 1.383 1,826 1,772 438 2,264 420 2,192 Restrlcted Funds Project Costs 35,033 37,824 35,033 37,824 TOTAL COSTS 37,297 40,016
JUNIPER TRUST NOTES TO THE ACCOUNTS AS AT 28th FEBRUARY 2024 3 FUND TRANSFERS During the year £NIL I£NIL- 20231 was transferred between Unrestricted and Restricted Fund5. 4 INDEPENDENT EXAMINATION FEES 2024 2023 Fees payable to the independent examiner for: Independent examination of the financial statements 438 420 4 STAFF COSTS AND EMOLUMENTS No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. No expenses were reimbursed to the trustees during the year. 5 RESTRICTED INCOME FUNDS Net Inme IExpendbturel Transfers Balance at 0110312023 Projects Nepal Schools School bulldln8, Unlforms, Quality School Project etc Adventure Aid Nepal Trees in Nepal Schools in Pakistan Ichar School - Zanskar Karama Orphanage 2024 2023 8,227 3,637 11551 {6621 976 1791 11,944 19.6391 11,6671 388 1,463 11501 11,4121 1,970 233 801 826 79 2,338 ,227 3,637 11551 16621 976 1791 11,944 19,605) Net Income (Expendliurel Transfers Balance at 0110312023 6 UNRESTRICTED INCOME FUNDS 2024 2023 Projects (2621 1917) 11,1791 1262} 7 ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Flxed Assets Net Current Assets 2024 2023 Unrestricted Income Funds Restricted Income Funds {1, 1791 2,338 11,179) 2.338 1262} 11,944 1,158 1,158 11,682 8 RELATED PARTIES There are no related party transactions to report during the year. 12