REGISTERED CHARITY NUMBER: 1060239 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEIVIENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR JB'S CLUB Miller Roskell Limited Chartered Certified Accountants 17 Victoria Road East Thornton Cleveleys Lancashire FY5 5HT
JB'S CLUB CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees Independent Examlner's Report Statement of Financial Activitles statement of Financial Positlon Notes to the Financlal Statements 6 to 10 Detalled Statement of Financial Activities
JB'S CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK an(f Republic of Ireland (FRS 102} (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and alms The objectives of the charity are to provide the necessary facilities for the daily care, recreation and education of children during out of school hours and school holidays and to advance the education and training of persons in the provision of such care, education and recreational facilities. ACHIEVEIVIENT AND PERFORMANCE Charitable activitles During the year under review the charity continued to provide out of school care for the children of Baines Endowed School. The school has allowed the continuing use of a large outdoor shed, which has been a useful resource to enable the charity to increase the indoor and outdoor equipment. Th@ children have enjoyed using the static outdoor equipment, such as the sandpit, climbing frame, garden and sealing area etc. The activities on offer were many and varied, including outdoor play and games and indoor activities such as arts and crafts, dressing up, cooking and more. Financial performance Details of the financial surplus or deficit are set out in the Statement of Financial Activities that accompanies this report_ FINANCIAL REVIEW Reserves policy The trustees aim to retain sufficient levels of free reserves so as to cover six months, rLrnning costs. The level of free reserves at 31 March 2024 was £65,380 (2023 - £55,848). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1060239 Principal address Baines Endowed School Station Road Thornton Cleveleys Lancashire FY5 SHY Trustees Mrs A G Finney Headteacher Mrs N C Harrisort Chairperson Page 1
JB'S CLUB REPORT OF fHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Miller Roskell Limited Chartered Certified Accountants 17 Victoria Road East Thornton Cleveleys Lancashire FY5 5HT Approved by order of the board of trustees on 11 July 2024 and signed on its behalf by.. Mrs N C Harrison - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JB'S CLUB Independent examiner's report to the trustees of JB'S Club I report to the charity trustees on my examination of the accounts of JB'S Club (the Trust) for the yeaF ended 31 March 2024. Responsibllitles and basjs of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act'i. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145151(b) of the Act. Independent examiner's statement I have completed my examination. I confim 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 Trust as required by Section 130 of the Act,. or the aGcounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charits'es (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 concern5 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 accoLtnts to be reached. Mr Michael S L Banks Miller Floskell Limited Chartered Certified Accountants 17 Victoria Road East Thornton Cleveleys Lancashire FY5 5HT 11 July 2024 Page 3
JB'S CLUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 IVJARCH 2024 Unrestricted fund 2024 Total funds 2023 Total funds Restricted fund INCOME AND ENDowniiENTS FROM other trading 2Cttvities Notes 81,412 81,412 77,798 EXPENDITURE ON Charitable activltie8 Club activities 77,837 77,837 68,266 NET INCOME 3,575 3,575 9,532 RECONCILIATION OF FUNDS Total funds brought forward 65,380 65,380 55,848 TOTAL FUNDS CARRIED FORWARD 68,955 68,955 65,38D The notes form part of these financial statements Page 4
JB'S CLUB STATEMENT OF FINANCIAL POSITION 31 MARCH 2024 Unrestricted Restricted fund fund 2024 Total funds 2023 Total funds FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand Notes 5,622 5,622 5,912 2,135 69,896 2,135 69,896 2,135 62,531 72,031 CREDITORS Amounts falling due within one year 72,031 64,666 (8,698) (8,698) (5,1g8) NET CURRENT ASSETS 63,333 63,333 59,468 TOTAL ASSETS LESS CURRENT LIABILITIES 68,955 68,955 65,380 NET ASSETS 68,955 FUNDS Unrestricted funds 68,955 65,380 TOTAL FUNDS 68,955 65,380 68,955 85,380 The financial statements were approved by the Board of Trustees and authorised for issue on 11 July 2024 and were signed on its behalf by.. Mrs N C Harrison - Trustee The notps form part of these financial statements Page 5
JB'S CLUB NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POLICIES FOR THE YEAR ENDED 31 MARCH 2024 Basvs of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Financial reportlng standard 102 - reduced disclosure exemptlons The charity has taken advantage of the following disclosure exemptions in preparing these financial slaternenls, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and RepLtblic of Sreland,: the requirements of Section 7 Statement of Cash Flows," the requirement of paragraph 3.17(d) Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economie benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classifted under headings that aggregate all cost related to the category. Where costs cannot be directly attributed lo particular headings they have been allocated to activities on a basis consistent with the use of resourGes. Tangible fixed assets Depreciation is provided at the following annual rates in order lo write off each asset over its estimated useful life. Furniture and equipment etc Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestrtcted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 20 % on reducing balance Restricted f(Jnds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pa9e 6 continued...
JB'S CLUB NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 OTHER TRADING ACTIVITIES Total fees received 2024 2023 81,412 77,798 TRUSTEES, REIIIUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expen8es paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS The average monthly number of employees during the year was as follows". Care and adrninistration 2024 2023 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWAIIENTS FROM Other trading activities 77,798 77,798 EXPENDITURE ON Charitable activities Club activities 68,266 68,268 NET INCOIVIE 9,532 9,532 RECONCILIATION OF FUNDS Total funds brought foward 55,848 55,848 TOTAL FUNDS CARRIED FORWARD 65,380 85,380 Page 7 continued...
JB'S CLUB NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS Furniture and equipment etc COST At l April 2023 Additions 9,911 1,D36 At 31 MarL'h 2024 DEPRFCIATION At l April 2023 Charge for year At 31 March 2024 10,947 3,999 1,326 NET BOOK VALur At 31 March 2024 At 31 March 20?,3 5,622 5,912 D&BTORS.. AMOUNTSFALL.ING DLIE WITHIN ONF. YFAR 2024 PrL'piiyrrienL.s and acci'Lied iiicomL 2023 2,135 2,135 LP,FDITORS: AMOUNTaP FALLING Duf. vvI-fHIN ONF. l-E*lR Other creditDrs 8,698 MOVEMENT IN FUNDS Net muvLiiMr4lit in. furids At 11412ii At 3113124 Uywosl'riclod funds Gerieral fur. TO'I'AL FUNDS fi8.955 Npt iyiovemEJnt in funds., iiic,Ii.Idr.4d in the 1¢1);>ve arLJ as follows.. Re8ourGei? expend¢:d Ovtsment in tunds Uiirestricted furirls enerai furid (11,8?7) 'roTAL bUNDS jlr,t537) 3,r)75 conlinurnd...
JB'S CLUB NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS - continued Comparatives for movement In funds Net movement in fund.s At 114122 At 3113123 Unrestrlcted funds Genei'al fund 55.848 9,532 65,380 TOTAL FUNDS 55,848 9,532 65,380 Comparative net movement in funds. included in the above are as follows- Incoming resources Resources expended Movement in fLinds Unrestricted funds General fund 77,798 {68,266) TOTAI_ FUNDS 77,798 (68,2661 9,532 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 114122 At 3113124 Unrestricted funds General fund 55,848 13,107 68,955 TOTAL FUNDS 55,848 13,107 68,955 A current year 12 months and prior year 12 months combined net movement in funds, iiir.luded iri ttie above are as follows. Incoming resources Resources expended Movement in funds Unrestricted funds Genei?I fund 15g,210 (146,103) 13,107 TOTAL FUNDS 159,210 (146,1031 13,107 Page 9 conts'nued...
JB'S CLUB NOTES TO THE FINANCIAL STATEfiiENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 ThAarch 2024. Page10
JB'S CLUB DETAILED STATEIVIENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEI) 31 MARCH 2024 2024 2023 INCOME AND ENDowfv7ENTS Other trading actlvlties Total fees received Total Incoming resources 81,412 77,798 81,412 77,798 EXPENDITURE Charitable activities Wages Rent, rates and water Insurance Telephone Sundries Repairs oind renewals Refreshments Toys and activities Subscriptions and licences Depreciation of furniture and equipment etc 55,355 6,405 487 10 1,074 3,166 2,482 4,108 2,916 1,326 54,444 6,349 459 352 283 2,173 1,951 1,408 312 Support costs 77,329 67,731 Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net income 88 115 420 420 77,837 68,266 3,575 9,532 This page does not form part of the statutory financial statements Page11