## 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:
1. accounting records were not kept in respect of The Joliba Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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:
1. accounting records were not kept in respect of The Joliba Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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