GUARDIAN ANGELS BIRD SANCTUARY
Trustee’s Annual Report
For the Year ended 31[st] March 2023
Registered Charity Number: 1162553 Registered on the Register of Charities on 7[th] July 2015
Administration
Trustees: Mrs. R. Blagg Mrs. R. Smith Ms. N. Barsby Ms. V. Avery Treasurer: Mr. D. Blagg Patron: Ms. Ann O’Neill, Veterinary Surgeon Principle Address: 26, Wood Street, Eastwood, Nottinghamshire NG16 3DD Telephone: (01773) 770891
Acknowledgements:
We would like to thank all our volunteers and supporters who give up their muchvalued time and efforts to help our cause.
Aims and Objectives:
Our principal objectives are:
~ to promote humane behaviour towards birds.
Providing appropriate care, protection, treatment
and security for birds which need care and
attention by reason of sickness, maltreatment, poor
circumstances or require rehoming. Whereby
legitimate reasons are given by people who can no
longer look after them.
~ to rehabilitate traumatised, disabled, sensitive and
aggressively difficult birds with a view to finding
permanent, loving homes.
~ to educate the public in matters pertaining to bird
welfare and to increase awareness in general for
the prevention of cruelty and suffering among
birds.
~ to provide and maintain rescue homes and other
facilities such as fostering for the reception, care
and treatment of such birds in need.
~ to promote responsible ownership, offering help,
support and guidance in the general health and
welfare of birds where required.
Our Values:
~ we aim to find the best adoptive home for each
individual bird in our care and will support each new
owner, if required, to care for their new bird,
offering help and advice if necessary.
~ we value our volunteers and all supporters without
which we would struggle to continue.
~ we pride ourselves on our commitment and our
honesty in the work we undertake.
Review of our Activities for the Given Period:
Fundraising Activities/Income Generation
We are extremely grateful to all our supporters,
especially in today’s financial climate, who continue to
donate and visit our stalls and stands at our various
fundraising events.
Fundraising events
10/04/22 GABS Easter Fair at Awsworth Village Hall
21/05/22 Hucknall Rotary Club Spring Event
30/05/22 Greasley Gathering
09/07/22 Hucknall Dog Show
16/07/22 Horsley Woodhouse Carnival
07/08/22 Guardian Angels Bird Sanctuary Open Day
20/08/22 Lenton Abbey Park Fun Day
28/08/22 Brinsley Animal Rescue Open Day
09/10/22 GABS Autumn Fayre at Greasley Sports Hall
-
26/11/22 Stapleford Xmas Lights Switch On event
-
29/11/11 Eastwood Xmas Lights Switch On event
02/12/22 Greasley Christmas Cracker
03/12/22 Beeston Christmas Lights Switch On event
Our income generation is based almost solely on our fundraising activities and these funds are primarily used to feed and house the birds and for aviary maintenance. The majority being spent on necessary feed and vet fees. Obviously, during this period, especially April until August.
Current membership numbers:
Number of current members as of 31[st] March 2023 = 166
Number of bird sponsors as of 31[st] March 2022 = 15
Educational Events:
We endeavour to undertake more educational outreach talks and events in the coming year to various groups and societies to help promote care, advice, support, guidance, and general awareness on caring for pet birds.
Every three months we attend Melbourne House Care Home in Nottingham and take with us some of our more friendly birds for a “Meet and Greet” and put a smile on most
of the residents’ faces. We regularly go into Brinsley Primary School to let the children stroke the birds and ask questions about them.
All “Meet and Greets” and educational talks that we do are totally free of charge and feel we, in a small way, are giving something back to the community.
Publicity:
When we have a big event on the horizon, we kindly ask BBC Radio Nottingham to publicise it. They gladly agree but almost insist that we go in and have a chat on air. Not that we mind.
Future aims:
Our aim for the future is to raise our profile within our community. We are currently setting up an improved website, and we have an established Facebook page and endeavour to keep these up to date with information and upcoming events.
We hope to include more use of social media in the future, including Twitter and YouTube videos.
We hope to make better use of digital media, which should help to promote us more to the public giving greater awareness regarding the services we offer and the help we are able give.
We also aim to increase our membership and sponsorship numbers.
We also intend to source opportunities for grant applications with a view to supplementing our fundraising activities. We hope to put at least one grant application forward in the coming year.
Since last year we helped several school and college students with work experience and have many more booked in for the coming year. We are also in the act of helping adults gain experience to help with their university course.
Now, we are offering a boarding service to the public covering sickness, holidays and hospitalisation whereby help is required by the public to look after their birds.
BBC Radio Nottingham have invited us back in the future year to advertise our forthcoming events.
Financial Review:
As a small charity, we feel it is in the public interest to provide our accounts.
Accountant: Mr. Howard Jones
HPJ Bookkeeping
39, Plumptre Road,
Eastwood
Nottinghamshire
NG16 3LP
Telephone: 07891164542
Charity registration number: 1059919
The Joliba Trust
Annual Report and Financial Statements
for the Year Ended 31 March 2023
Robson Accountants Qualified Accountants and Tax Advisers 71 High Street Honiton Devon EX14 1PW
The Joliba Trust
Contents
| Trustees' Report | 1 to 2 |
|---|---|
| Statement of Trustees' Responsibilities | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Cash Flow Statement | 7 |
| Notes to the Financial Statements | 8 to 16 |
The Trustees' Annual Report 2023 is attached to these financial statements.
The Joliba Trust
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2023.
Trustees
Ms C C D Hart
Ms M Mukwaya
Mrs D Hutchinson
Mr R Savage BA (Oxon)
Mrs T L Onyechi
Dr P Richards
Objectives and activities
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
Policy on reserves
The general principle adopted by the Trustees is for the Trust to try and maintain a cash balance on unrestricted reserves of £35,000 to cover project commitments, emergency situations and currency fluctuations. However, given the uneven receipts of donations throughout the year, the Trustees recognise that reserves may dip below this figure.
Structure, governance and management
Nature of governing document
The Joliba Trust is constituted by a Declaration of Trust. The Trust Deed is dated 24 December 1996.
Recruitment and appointment of trustees
The Charity trustees are appointed by the Board of trustees.
Page 1
The Joliba Trust
Trustees' Report (continued)
Trustees' Annual Report
The Trustees' Annual Report is included at the end of the financial statements for the year.
The annual report was approved by the trustees of the charity on 11 October 2023 and signed on its behalf by:
Ms C C D Hart
Trustee
Page 2
The Joliba Trust
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe 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 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 business.
The trustees are responsible for keeping proper 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, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 11 October 2023 and signed on its behalf by:
Ms C C D Hart Trustee
Page 3
The Joliba Trust
Independent Examiner's Report to the trustees of The Joliba Trust
I report to the trustees on my examination of the accounts of The Joliba Trust for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of The Joliba Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the The Joliba Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since The Joliba Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of The Joliba Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Christopher Paul Bird FCA Robson Accountants
71 High Street Honiton Devon EX14 1PW
11 October 2023
Page 4
The Joliba Trust
Statement of Financial Activities for the Year Ended 31 March 2023
| Note Income and Endowments from: Donations and legacies Investment income 3 Total income Expenditure on: Charitable activities Other expenditure Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 Note Income and Endowments from: Donations and legacies Total income Expenditure on: Charitable activities Other expenditure Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 240,594 102 240,696 (252,302) (1,416) (253,718) (13,022) (13,022) 94,966 81,944 Unrestricted funds £ 226,365 226,365 (241,425) 12 (241,413) (15,048) (15,048) 110,014 94,966 |
Restricted funds £ 15,775 - 15,775 - - - 15,775 15,775 53,470 69,245 Restricted funds £ 9,310 9,310 - - - 9,310 9,310 44,160 53,470 |
Total 2023 £ 256,369 102 |
|---|---|---|---|
| 256,471 | |||
| (252,302) (1,416) |
|||
| (253,718) | |||
| 2,753 | |||
| 2,753 148,436 |
|||
| 151,189 | |||
| Total 2022 £ 235,675 |
|||
| 235,675 | |||
| (241,425) 12 |
|||
| (241,413) | |||
| (5,738) | |||
| (5,738) 154,174 |
|||
| 148,436 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 13.
The notes on pages 8 to 16 form an integral part of these financial statements. Page 5
The Joliba Trust
(Registration number: 1059919) Balance Sheet as at 31 March 2023
| Note Fixed assets Tangible assets 9 Current assets Debtors 10 Debtors - revoving credit schemes 12 Cash at bank and in hand Creditors: Amounts falling due within one year 11 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 13 |
2023 £ - 9,508 91,013 51,868 152,389 (1,200) 151,189 151,189 69,245 81,944 151,189 |
2022 £ 204 9,253 90,977 49,202 |
|---|---|---|
| 149,432 (1,200) |
||
| 148,232 | ||
| 148,436 | ||
| 53,470 94,966 |
||
| 148,436 |
The financial statements on pages 5 to 16 were approved by the trustees, and authorised for issue on 11 October 2023 and signed on their behalf by:
Ms C C D Hart Trustee
The notes on pages 8 to 16 form an integral part of these financial statements. Page 6
The Joliba Trust
Cash Flow Statement for the Year Ended 31 March 2023
| Note Cash flows from operating activities Net cash income/(expenditure) Adjustments to cash flows from non-cash items Depreciation Working capital adjustments (Increase)/decrease in debtors 10 Increase in revolving credit schemes 12 Net cash flows from operating activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at 1 April Cash and cash equivalents at 31 March |
2023 £ 2,753 204 2,957 (255) (36) 2,666 2,666 49,202 51,868 |
2022 £ (5,738) 207 |
|---|---|---|
| (5,531) 1,179 - |
||
| (4,352) | ||
| (4,352) 53,554 |
||
| 49,202 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 8 to 16 form an integral part of these financial statements. Page 7
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
The Joliba Trust meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Page 8
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £200.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Mali Office 5% on a straight line basis Plant and machinery 25% on a straight line basis Motor vehicles 25% on a straight line basis
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 9
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
2 Income from donations and legacies
| Donations and legacies; Donations from trusts Donations from individuals Gift aid reclaimed Total for 2023 Total for 2022 3 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2023 |
Unrestricted funds General £ 64,869 152,647 23,078 240,594 226,365 |
Restricted funds £ 15,000 775 - 15,775 9,310 Unrestricted funds General £ 102 102 |
Total funds £ 79,869 153,422 23,078 |
|---|---|---|---|
| 256,369 | |||
| 235,675 | |||
| Total funds £ 102 |
|||
| 102 |
Page 10
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
4 Expenditure on charitable activities
| Maternal health Improving livelihoods Wells Beekeeping Agroecology Project transport Depreciation of plant and machinery Bank charges UK Support Costs, Fundrasing and Accounts |
Unrestricted funds General £ 13,702 104,403 80,045 5,612 18,463 1,245 204 1,941 26,687 252,302 |
Total 2023 £ 13,702 104,403 80,045 5,612 18,463 1,245 204 1,941 26,687 252,302 |
Total 2022 £ 4,999 104,227 78,239 4,999 23,246 976 207 735 23,797 |
|---|---|---|---|
| 241,425 |
Page 11
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
5 Analysis of governance and support costs
UK Support Costs, Fundraising and Accounts
| Unrestricted funds General £ Administrative wages (UK support element) 7,283 Staff pensions contributions (including backdated contributions) 9,600 Telephone and fax 1,509 Office expenses 2,323 Computer software and maintenance 475 Printing, postage and stationery 238 Promotional expenses 2,104 Independent examiner's fee 1,325 Bookkeeping 1,830 26,687 26,687 Allocated support costs Total for 2023 Total for 2022 6 Net incoming/outgoing resources Net incoming/(outgoing) resources for the year include: Depreciation of fixed assets (Profit)/loss on foreign currency |
Total 2023 £ 7,283 9,600 1,509 2,323 475 238 2,104 1,325 1,830 26,687 26,687 Unrestricted funds General £ 26,687 26,687 23,797 2023 £ 204 1,416 |
Total 2022 £ 7,631 8,422 906 364 17 742 2,253 1,200 2,262 |
|
|---|---|---|---|
| 23,797 | |||
| 23,797 | |||
| Total funds £ 26,687 26,687 23,797 2022 £ 207 (12) |
Page 12
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
7 Staff costs
The aggregate payroll costs were as follows:
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| Charitable activities UK support staff |
2023 No 12 1 13 |
2022 No 12 1 |
|---|---|---|
| 13 |
No employee received emoluments of more than £60,000 during the year
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
| Cost At 1 April 2022 At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 10 Debtors Other debtors |
Land and buildings £ 4,145 4,145 3,941 204 4,145 - 204 Page 13 |
Furniture and equipment £ 3,543 3,543 3,543 - 3,543 - - |
Furniture and equipment £ 3,543 3,543 3,543 - 3,543 - - |
Motor vehicles £ 9,184 |
Total £ 16,872 16,872 16,668 204 16,872 - 204 2022 £ 9,253 |
|
|---|---|---|---|---|---|---|
| 3,543 | 9,184 | |||||
| 3,543 - |
9,184 - |
|||||
| 3,543 | 9,184 | |||||
| - | - | |||||
| - | - | |||||
| 2023 £ 9,508 |
||||||
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
11 Creditors: amounts falling due within one year
| Accruals | 2023 £ 1,200 |
2022 £ 1,200 |
|---|---|---|
12 Debtors - Income generation and enterprise scheme
The figure for debtors includes revolving loan schemes in Mali for women's income generation and for cattle fodder. These schemes are currently administered by the charity and no capital amounts have been released or written off. Therefore, the debtors figure includes all sums lent to date.
| Women's Income Generation Scheme Balance brought forward and carried forward Added to the fund during the year Balance carried forward Cattle Fodder Scheme Balance brought forward and carried forward |
2023 £ 52,925 36 |
|---|---|
| 52,961 | |
| 2023 £ 38,052 |
Page 14
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
| 13 Funds Unrestricted funds General Unrestricted Income Fund Total unrestricted funds Restricted funds Maternal health Environmental work and beekeeping Well building Total restricted funds Total funds Unrestricted funds General Restricted funds Total funds |
Balance at 1 April 2022 £ 94,966 94,966 1,760 51,710 - 53,470 148,436 Balance at 1 April 2021 £ 110,014 44,160 154,174 |
Incoming resources £ 240,696 240,696 - 8,275 7,500 15,775 256,471 Incoming resources £ 226,365 9,310 235,675 |
Resources expended £ (253,718) (253,718) - - - - (253,718) Resources expended £ (241,413) - (241,413) |
Balance at 31 March 2023 £ 81,944 |
|---|---|---|---|---|
| 81,944 | ||||
| 1,760 59,985 7,500 |
||||
| 69,245 | ||||
| 151,189 | ||||
| Balance at 31 March 2022 £ 94,966 53,470 148,436 |
14 Analysis of net assets between funds
| Current assets Current liabilities Total net assets |
Unrestricted funds General £ 83,144 (1,200) 81,944 |
Restricted funds £ 69,245 - 69,245 |
Total funds at 31 March 2023 £ 152,389 (1,200) 151,189 |
|---|---|---|---|
Page 15
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
15 Related party transactions
There were no related party transactions in the year.
Page 16
Charity registration number: 1059919
The Joliba Trust
Annual Report and Financial Statements
for the Year Ended 31 March 2023
Robson Accountants Qualified Accountants and Tax Advisers 71 High Street Honiton Devon EX14 1PW
The Joliba Trust
Contents
| Trustees' Report | 1 to 2 |
|---|---|
| Statement of Trustees' Responsibilities | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Cash Flow Statement | 7 |
| Notes to the Financial Statements | 8 to 16 |
The Trustees' Annual Report 2023 is attached to these financial statements.
The Joliba Trust
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2023.
Trustees
Ms C C D Hart
Ms M Mukwaya
Mrs D Hutchinson
Mr R Savage BA (Oxon)
Mrs T L Onyechi
Dr P Richards
Objectives and activities
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Financial review
Policy on reserves
The general principle adopted by the Trustees is for the Trust to try and maintain a cash balance on unrestricted reserves of £35,000 to cover project commitments, emergency situations and currency fluctuations. However, given the uneven receipts of donations throughout the year, the Trustees recognise that reserves may dip below this figure.
Structure, governance and management
Nature of governing document
The Joliba Trust is constituted by a Declaration of Trust. The Trust Deed is dated 24 December 1996.
Recruitment and appointment of trustees
The Charity trustees are appointed by the Board of trustees.
Page 1
The Joliba Trust
Trustees' Report (continued)
Trustees' Annual Report
The Trustees' Annual Report is included at the end of the financial statements for the year.
The annual report was approved by the trustees of the charity on 11 October 2023 and signed on its behalf by:
Ms C C D Hart
Trustee
Page 2
The Joliba Trust
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe 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 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 business.
The trustees are responsible for keeping proper 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, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 11 October 2023 and signed on its behalf by:
Ms C C D Hart Trustee
Page 3
The Joliba Trust
Independent Examiner's Report to the trustees of The Joliba Trust
I report to the trustees on my examination of the accounts of The Joliba Trust for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of The Joliba Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the The Joliba Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
Since The Joliba Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of The Joliba Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Christopher Paul Bird FCA Robson Accountants
71 High Street Honiton Devon EX14 1PW
11 October 2023
Page 4
The Joliba Trust
Statement of Financial Activities for the Year Ended 31 March 2023
| Note Income and Endowments from: Donations and legacies Investment income 3 Total income Expenditure on: Charitable activities Other expenditure Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 Note Income and Endowments from: Donations and legacies Total income Expenditure on: Charitable activities Other expenditure Total expenditure Net (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 240,594 102 240,696 (252,302) (1,416) (253,718) (13,022) (13,022) 94,966 81,944 Unrestricted funds £ 226,365 226,365 (241,425) 12 (241,413) (15,048) (15,048) 110,014 94,966 |
Restricted funds £ 15,775 - 15,775 - - - 15,775 15,775 53,470 69,245 Restricted funds £ 9,310 9,310 - - - 9,310 9,310 44,160 53,470 |
Total 2023 £ 256,369 102 |
|---|---|---|---|
| 256,471 | |||
| (252,302) (1,416) |
|||
| (253,718) | |||
| 2,753 | |||
| 2,753 148,436 |
|||
| 151,189 | |||
| Total 2022 £ 235,675 |
|||
| 235,675 | |||
| (241,425) 12 |
|||
| (241,413) | |||
| (5,738) | |||
| (5,738) 154,174 |
|||
| 148,436 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 13.
The notes on pages 8 to 16 form an integral part of these financial statements. Page 5
The Joliba Trust
(Registration number: 1059919) Balance Sheet as at 31 March 2023
| Note Fixed assets Tangible assets 9 Current assets Debtors 10 Debtors - revoving credit schemes 12 Cash at bank and in hand Creditors: Amounts falling due within one year 11 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 13 |
2023 £ - 9,508 91,013 51,868 152,389 (1,200) 151,189 151,189 69,245 81,944 151,189 |
2022 £ 204 9,253 90,977 49,202 |
|---|---|---|
| 149,432 (1,200) |
||
| 148,232 | ||
| 148,436 | ||
| 53,470 94,966 |
||
| 148,436 |
The financial statements on pages 5 to 16 were approved by the trustees, and authorised for issue on 11 October 2023 and signed on their behalf by:
Ms C C D Hart Trustee
The notes on pages 8 to 16 form an integral part of these financial statements. Page 6
The Joliba Trust
Cash Flow Statement for the Year Ended 31 March 2023
| Note Cash flows from operating activities Net cash income/(expenditure) Adjustments to cash flows from non-cash items Depreciation Working capital adjustments (Increase)/decrease in debtors 10 Increase in revolving credit schemes 12 Net cash flows from operating activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at 1 April Cash and cash equivalents at 31 March |
2023 £ 2,753 204 2,957 (255) (36) 2,666 2,666 49,202 51,868 |
2022 £ (5,738) 207 |
|---|---|---|
| (5,531) 1,179 - |
||
| (4,352) | ||
| (4,352) 53,554 |
||
| 49,202 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 8 to 16 form an integral part of these financial statements. Page 7
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
The Joliba Trust meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Page 8
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £200.00 or more are initially recorded at cost.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Mali Office 5% on a straight line basis Plant and machinery 25% on a straight line basis Motor vehicles 25% on a straight line basis
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 9
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
2 Income from donations and legacies
| Donations and legacies; Donations from trusts Donations from individuals Gift aid reclaimed Total for 2023 Total for 2022 3 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2023 |
Unrestricted funds General £ 64,869 152,647 23,078 240,594 226,365 |
Restricted funds £ 15,000 775 - 15,775 9,310 Unrestricted funds General £ 102 102 |
Total funds £ 79,869 153,422 23,078 |
|---|---|---|---|
| 256,369 | |||
| 235,675 | |||
| Total funds £ 102 |
|||
| 102 |
Page 10
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
4 Expenditure on charitable activities
| Maternal health Improving livelihoods Wells Beekeeping Agroecology Project transport Depreciation of plant and machinery Bank charges UK Support Costs, Fundrasing and Accounts |
Unrestricted funds General £ 13,702 104,403 80,045 5,612 18,463 1,245 204 1,941 26,687 252,302 |
Total 2023 £ 13,702 104,403 80,045 5,612 18,463 1,245 204 1,941 26,687 252,302 |
Total 2022 £ 4,999 104,227 78,239 4,999 23,246 976 207 735 23,797 |
|---|---|---|---|
| 241,425 |
Page 11
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
5 Analysis of governance and support costs
UK Support Costs, Fundraising and Accounts
| Unrestricted funds General £ Administrative wages (UK support element) 7,283 Staff pensions contributions (including backdated contributions) 9,600 Telephone and fax 1,509 Office expenses 2,323 Computer software and maintenance 475 Printing, postage and stationery 238 Promotional expenses 2,104 Independent examiner's fee 1,325 Bookkeeping 1,830 26,687 26,687 Allocated support costs Total for 2023 Total for 2022 6 Net incoming/outgoing resources Net incoming/(outgoing) resources for the year include: Depreciation of fixed assets (Profit)/loss on foreign currency |
Total 2023 £ 7,283 9,600 1,509 2,323 475 238 2,104 1,325 1,830 26,687 26,687 Unrestricted funds General £ 26,687 26,687 23,797 2023 £ 204 1,416 |
Total 2022 £ 7,631 8,422 906 364 17 742 2,253 1,200 2,262 |
|
|---|---|---|---|
| 23,797 | |||
| 23,797 | |||
| Total funds £ 26,687 26,687 23,797 2022 £ 207 (12) |
Page 12
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
7 Staff costs
The aggregate payroll costs were as follows:
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| Charitable activities UK support staff |
2023 No 12 1 13 |
2022 No 12 1 |
|---|---|---|
| 13 |
No employee received emoluments of more than £60,000 during the year
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
| Cost At 1 April 2022 At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 10 Debtors Other debtors |
Land and buildings £ 4,145 4,145 3,941 204 4,145 - 204 Page 13 |
Furniture and equipment £ 3,543 3,543 3,543 - 3,543 - - |
Furniture and equipment £ 3,543 3,543 3,543 - 3,543 - - |
Motor vehicles £ 9,184 |
Total £ 16,872 16,872 16,668 204 16,872 - 204 2022 £ 9,253 |
|
|---|---|---|---|---|---|---|
| 3,543 | 9,184 | |||||
| 3,543 - |
9,184 - |
|||||
| 3,543 | 9,184 | |||||
| - | - | |||||
| - | - | |||||
| 2023 £ 9,508 |
||||||
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
11 Creditors: amounts falling due within one year
| Accruals | 2023 £ 1,200 |
2022 £ 1,200 |
|---|---|---|
12 Debtors - Income generation and enterprise scheme
The figure for debtors includes revolving loan schemes in Mali for women's income generation and for cattle fodder. These schemes are currently administered by the charity and no capital amounts have been released or written off. Therefore, the debtors figure includes all sums lent to date.
| Women's Income Generation Scheme Balance brought forward and carried forward Added to the fund during the year Balance carried forward Cattle Fodder Scheme Balance brought forward and carried forward |
2023 £ 52,925 36 |
|---|---|
| 52,961 | |
| 2023 £ 38,052 |
Page 14
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
| 13 Funds Unrestricted funds General Unrestricted Income Fund Total unrestricted funds Restricted funds Maternal health Environmental work and beekeeping Well building Total restricted funds Total funds Unrestricted funds General Restricted funds Total funds |
Balance at 1 April 2022 £ 94,966 94,966 1,760 51,710 - 53,470 148,436 Balance at 1 April 2021 £ 110,014 44,160 154,174 |
Incoming resources £ 240,696 240,696 - 8,275 7,500 15,775 256,471 Incoming resources £ 226,365 9,310 235,675 |
Resources expended £ (253,718) (253,718) - - - - (253,718) Resources expended £ (241,413) - (241,413) |
Balance at 31 March 2023 £ 81,944 |
|---|---|---|---|---|
| 81,944 | ||||
| 1,760 59,985 7,500 |
||||
| 69,245 | ||||
| 151,189 | ||||
| Balance at 31 March 2022 £ 94,966 53,470 148,436 |
14 Analysis of net assets between funds
| Current assets Current liabilities Total net assets |
Unrestricted funds General £ 83,144 (1,200) 81,944 |
Restricted funds £ 69,245 - 69,245 |
Total funds at 31 March 2023 £ 152,389 (1,200) 151,189 |
|---|---|---|---|
Page 15
The Joliba Trust
Notes to the Financial Statements for the Year Ended 31 March 2023 (continued)
15 Related party transactions
There were no related party transactions in the year.
Page 16