The Joron Charitable Trust Report and Financial Statements Year Ended 31 March 2025
The Joron Charitable Trnst Annual report and financial statements for the year ended 31 March 2025 Contents Trustees and other inforn]ation Page: Trustees, report Independent Examiner's rcport to the Trustees Statement of financial activities Balanc¢ Shect Statement of Cash Flows 10- 16 Notes forniing part of the financial statements Trusttts Mr B D G Jarvis (Chairnian) Mrs S C Jarvis Mr J A Kicrnandcr Miss J K Jarvis Address 26 New Broadway Ealing London W5 2XA Charity registration number 1062547 Bankers Barclais Bank PLC I Churchill Plaec London E14 5HP Independent Kr¢ston R¢ev¢s LLP Examiner Accountants Second Floor 168 Shorcditch High Street London E16RA
The Joron Chydritable Trust Tru5tees' Report for the year ended 31 March 2025 The Trustces submit their annual rcport and the financial statements of The Joron Charitable Trust (the Charity.) for the Vear eiid¢d 31 March 2025. The Trustckns confinn that the annual report and thc financial sL2tements of the Charits. comply ivith the provisions of the Stat¢ment of Recommendcd Prnctice {SOIIP), applicable to charities preparing their accounts in accordance with the applicablc law and the (United Kingdom Gcnernlly Accepted Accounting Practice). History, objectives and activities of the Charity Thc Joron Charitable Trust is constituted under a Trust Deed dated 4 April 1997 and is a charity registered w'ith the Charitv Commission for England and Wales. The objects of thc Charity arc to make grants for gener charitable purposes. There We no restricted funds held during the year, or at 31 March 2025. The Charitv dcrives its income from grants received, which is then used to fund grants to other registered charitablc organisations, as defined below. Management and governance arrangements The Trustees arc shown on page l. Th¢ Tnistccs arc appoint¢d in accordancc Th'ith the tcmis of thc Trust Dccd. Thcrc w¢rc no cmployccs during thc ycar. Thc Trust Dccd Provides for a minimum of thrce and a maximum of four Trustees. Where therc is a requiremcnt for new trust¢cs, thcsc arL' identified and appointed by the remaining Trustces. Appropriat¢ ongoing trustee training is undertaken when considered nccessary. The Trust¢¢s hav¢ significant experience of engaging with medical, educational and intcrnational charities. The Trustecs have reviewed th¢ major strategic and opcrational risks. which the Charity f&es and LX>nfirni tliat svstems are in place so that steps can be 13kcn to Icssen thcs¢ risks. Public benefit Th¥ main purpose of thc Trust is to hclp provide support to those h0 would benefit from the tcaching of socia] and communicatioii skills and to the funding of suff¢r¢rs with disabling and teminal discascs. Thc Trustc¢s confim that tlicy hav¢ rcferred to thc Charity Commlssion s guidancc on public bcncfit when revicwing the Trust's aim5 and objectives, in planning future activitics: and setting the grdnt making policy for the year. Procedures and policy for grant rnaking Thc Charitv s policv is to makc grants to rcgistcred charities in th¢ fields of education, medical rescarch and other chantics that can demonstrate that thL grants ii'ill bc used effcctivcly. There is no formal grant application proccdure. During the year grants and donations 18 (2024-13) were made totalling £817.500 (2024 - £1,195.671). Details are set out on pages 13 - 15 of the financial statements. Achievements And perform ance of the Charity The bencfits of the Trust's w'otk are the teaching and development of educational, social and communication progrdmmes. Sce iiote 6 for full list of donations made in th¢ year. During the '¢ar the Trust continued to support charities wkn'ch th¢ Trustees believed were able to demonstrate that they could utilise thc funds effectively.
Financial review, investment policy and reserves The Trust's M'ork fis entirel) reliant on income from donations. During the vear. donations of £940,000 (2024 £1.175,000) were received from Ravensale Limited. This company is controlled bv a trust whose principal beneficiari¢s the Jarvis family (see note 9). The Charitv expects to receive the majority of its futur¢ donations from this source. The current investment policv is to rctsin all availablc funds on bank deposit. Intcrest rcceived on bank deposits amounted to £ 2,156 (2024 - £6.071) in the !'&v. Foreign exchang¢ gain amounted to NIL (2024 - NIL) in the year. At 31 March 2025, the Charity's cash balance, which was unrestncted. amountcd to £1 81.642 (2024 £66,488). At 31 MaTch 2025, the Charity's unrestricted funds were £181,642 (2024 - £56,198) No support costs are incurred bv the Charity, with minimal governance costs. Consequentlv, subsLintially all funds receivcd are available for distribution to grantees. Therefore, the trustces do not consider it n¢cessary' to tal'n reserves in the Charity.. Future Plans The Charity, plans to continu¢ supporting local, national and intcmational charities. The Charity will in future continue to support thosc charities which the Trust¢es f¢¢1 are organised to utilisc funds in an effectivc way. Trustees, Responsibilities Statement The Trustecs are rcsponsible for preparing thc Trustees, report and the financial statcments in accordancc with applicable law and United Kingdom Accouiiting Standards (United Kingdom Generally AccL'pted Accounting Ptactice). The law applicable to chariti¢s in England & Wales requires the Trustees to prepare financial statements for ¢ach financial year which give a tru¢ and fair view of the state of affairs of the charity and of the incoming resourccs and application of rcsources of the charity for that period. In preparing thcse financial statements, th¢ Trust¢¢s ar¢ r¢quir¢d to.. select suitable accounting policies and then apply them consistently" observe the methods and principles in the Charities SORP. makc judgments and estimates that are reasonable and prudent:
The Joron Charitable Trust Trustees, Report for the year ended 31 Mvérch 2025 (continued) state whether applicable UK Accounting Standards have b¢en followed, subj¢ct to any material d¢partures discloscd and explained in the financial statements. prcpare thc financial statcments on thc going concern b&sis unless it is inappropriate to pr¢5ume that thc charity will continuc in opctztion. The Tnjstees are responsible for keeping proper accounting records that are sufficient to show and explain thc charity's tfdnsactions and disclos¢ with reasonable accuracy at any time the financial position of th¢ charity and enable them to ensure the financial statements comply with the Charities Act 2011, thc Charity, (Accounts and Rcports) Regulations 2008 and the provisions of the trust dcLd. They are also responsiblc for safeguarding thc assets of th¢ chanty and hcncc for taking r¢asonablc stcps for thc prcvcntion and d¢t¢¢tion of fraud and other irrL'gulanties. This report was approved by the Truste¢s on IG PE&MJEL2025 and signed on their behalf, by.. J A Kiernand Trustce
11 December 2025
The Joron Charitable Trust Statement of FinAnciYdl Activities for the year ended 31 March 202S Note 2025 2024 Income from: Donations and legacies Investments 940.000 2,156 1,175,000 6.071 Total income 942,157 1,181,071 Expenditure on: Charitable activiti¢s 820,523 1,208,275 Total incomel{expenditu re) (121,634) (27,204) Iyet Incomelexpenditure 121,634 (27,204) Reconciliation of funds: Net movement in funds 121,634 (27,204> Balance of funds brought forward 56.918 84,122 Total Funds carried fonvard 178,552 56,918 All activities relate to continuing operations. Th¢ Statement of Financial Activities includes all gains and105ses recognised in the year. Thc notes on pages 10 to 16 forni part of these financial statcmcnts.
The Joron Charitable Trnst Balance sheet as at 31 M&rch 2025 Note 202S 2024 Current assets Ch at bank and in hand 181.642 66.488 £181,642 £66,488 Liabilities CrL'ditors.' amounts falling due within one ycar 3,090 9,570 Net Assets £178,552 L$6,918 Represented by:_ Unrestricted income funds £178,552 £56,918 The financial statcments were approved by thc Trustees on 10 fE£er4É¢2025 and signed on their behalf, by: J A kn'ernander Trustee
The Joron Charitable Trust Statement of Cash Flows at 31 March 2025 2025 2024 Cash flows from Opcrating activitics (note l ) Cash flows from financing activitics: Bank interest Net cash provided by financing activities 112,998 (26,675) 2,156 115,154 6.071 20,604 Changc in cash and cash equivalcnts in the ycar Cash and cash cquivalents at the beginning of thc year Cash and cash equivalents at the end of the year (115.154) 66,488 181,642 (20,604) 87.092 66,488 Note I reconciliydtion of net income to net cash flow from operating activities 2025 2024 Nct Surplus (as per the Statemcnt of Financial Activitics) Bank interest (Decrcase)Ilncrease in creditors 121,634 (2,156) (6,480) (27,204) (6,071) 6,600 Nct cash provided by opcrating activities 112,998 (26,675) Note 2- analysis of net debt At l April 2024 Cash Flows At 31 March 2025 Cash 66,488 115,154 181,642
The Joron Charitable Trust Notes forming part of the financial statements for the year ended 31 March 2025 l. Accounting policies a) Basis of preparation of financial statements The financial statements hav¢ been prcpared in accordanc¢ with the Statement of Recommcnded Practice (SORP), 'Accounting and Rcporting bN' Charities publishcd in Octob¢r 2019 and effective from l January. 2019, and th¢ Chan'ties Act 2011 and applicatr)Ic regulations. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. (b) Public Benefit The Joron Charitable Trust meets the definition of a public benefit entity undcr FRS 102. (c) Don&tions and Legacies Donations receivable are includcd on reccipt of the funds or when there is a binding obligation that the Charity is entitled to thc grant. All income is recogniscd once the charity has entitl¢rnent to the incomc, it is probable that the income will be receivcd and the amount of income receivablc can be measured rcliably. (d) Investments Investment income is accounted for in the period in which thc Charity is entitled to receipt. (e) GrAnts pAyable Grants payable are includcd on payment of the funds or where there is a binding obligation on the charity to make the payment of the grnnt. Grants offered subject to conditions which have not been met at the Year End are noted as a commitment, not accrucd as expenditure. (fj Allocation of support and governance costs. Costs are included on an accruals basis and include VAT where charged. (g) Foreign currencies Monetarfv, assets and liabilities denominated in foreign currcncies are translatcd into sterling at rates of exchange ruling at the balance sheLt date. Transactions in foreign currencics are translated into sterling at the ratc ruling on the date of the transaction. Exchange gains and losses are recogniscd in thc statement of financial activiti¢s. 10
The Joron ChAritable Trust Notes forming part of the financial statements for the year ended 31 March 2025 (continued) (h) Unrestricted Income Fund The Charity's funds are unrestrict¢d and comprise an income fund. which the Trust¢cs are able to use for general purposes in accordanc¢ with th¢ furtherance of th¢ general objectives of the charity and which have not been designated for other purposes. (i) Going Concern The Trustecs assess whether the usc of going concern is appropriatc i.¢. whether there arc anv material uncertainties rclatcd to events or conditions that ma}, cast significant doubt on the abilitN' of the Charity to continue &s a going concern. The Trustees makc this assessment in respcct of a period of at Icast one year from the date of authorisation for issue of thL financial stat¢mcnts and havc concluded that thc Charitv has adequate rcsources to continue in operational existence for the forcsccable future and thcre arc no matcrial uncertainties about the Charity's ability to continue as a going conccm. thus they continue to adopt the going conccm basis of accounting in preparing the financial statcments. ti) Cash at Bank and in hand Cash at bank and in hand includes cash and short tenn highly liquid invcstments with a short malvrity of three months or Icss from the date of acquisition or opening of the deposit or similar account. (k) Credltors and provisions Cr¢ditots and provisions are recognis¢d where the charity has a present obligation resulting from a past cvcnt that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can bc measured or eslimatcd reliably. Creditors and provisions are nomially rccognised at their s¢ttl¢nient amount after allowing for any trade discounts due. (l) Significant judgments And estimvates No significant judgments have had to bc made by managem¢nt in preparing these financial statements.
The Joron Charitable Trust Notes forming part of the financial statements for Ihe year ended 31 March 2025 (continued) 2. Donations and legacies 2025 2024 Donations receivable 940,000 1,175,000 3. Investments 2025 2024 Intcrest on bank deposits 2.156 6,071 4. Charitable Activities 2025 2024 Grants Payablc Govcmance Costs 817,500 ,195,671 820,523 1,208,275 S. Auditor's remuneration The auditofs remuneration amounts to an auditor fee of £NIL (2024 - £9,300). The independent examiner's remuneration amounts to an independent examin¢r f¢e of £3,090 (2024.. £NIL). 12
The Joron Charitable Trust Notes forming p&rt of the financial statement5 for the year ended 31 March 2025 (continued) 6. Grants Payable 2025 2024 The following grants to charities were made in the year. all paid & grants to th¢ institutions or individuals named below. umber of grants made in the year 18 13 202S 2024 10,000 CST sLLks to protcct Britain's divcrse and vibrdnt Jcw'ish communitN' from thc cxttymal thats of bigotry. antiscmitism and terrorism. 10.000 5,000 To promotL socia] inclusion for pLoplc w'ith a learning disabilitv by providing facilitics for dancc classcs, dance groups. rccrcational & public pirfonnanccs. 10.i)00 Supports health carc pn)fcssionals in UkrainL to provide comfort, di&ynity and palliativc carc for all in nccd at thc cnd of life. through thL provision of training. m¢dical and othLr equipmcnt. 5,000 To promotL thc holistic wclfarc of thos¢ suffcring terniinal illncss and to cstablish, maintsin and managc a hospicL'. 50,000 150,000 To provide thc highest sLqndards of patient &ire & treatment & to operate a hospital open to any member of public providing quality care that contributes to early rccovcry 10,000 To providing dLdicatcd care & support to those affectcd b>, MND, improving research & raising awareness so that those with the disease are addressed by society 13
The Joron ChAritVdble Trust Notes forming Pvdrt of the financial statements for the year ended 31 March 2025 (continued) 2025 2024 Eo.000 Thc promotion of community, participation in h¢alth. rccrcatlon in particular by the provision of facilitics for thc plaving of baskctball, nctball, badminton, table tennis. boxing, football, swimming, gvmnastics. 100.000 Prostatc CancL"r UK fig7hts to hclp morc mcn survive prostate canc¢r and enjoy a better quality of life i 0,000 Providing support to bereavLxl British FoTces childr¢n & young pcoplc. 5,000 nil Stccl Warriors wants to bring down thc number of voung pcopl carrying knives in thc UK. Thcy mclt down knivcs takLn off London's strccts and recyclc th¢ stcLI into frcc outd(x)r calisthcnics gyms. 380,01)0 750.000 To providL' support in South Africa to orphancd and vulncrable childrcn. getting thcm back into Lducation and providing tnIng to cnhance thcir cmplovment prospccts. 107,500 150.000 To providc cducational opportunitics for hcalthcare profcssionals and for thc cxchangc of inforn)ation and ideas on medicine within th¢ hcalth profession. 5,000 To relicvc thc suffcring of childrcn with cleft lips or palates or both: _To advance the education and training of thc public, including doctors, nurscs and medical support staff in all mattcrs rclating to cleft lip and palatc suryery and trcatmcnt and thc support of those with this condition. 15,000 To rnise standards of trcatment and managcmcnt of urological disea8cs and of research in the UK and Ireland bv fimding educational prosprammes and res¢arGh 14
The Joron Charitable Trust Notes forming part of the financial statements for Ihe year ended 31 March 2025 (continued) 70,000 70,000 To providc educational programmes in South Africa to young peoplc to help thcm become financially indcpcndent and ¢nvironmentally responsible 10,000 Charit), dcdicatcd to improving thc hcalth of women and babies to make a difference to Cvcrybody's lives today and tomorrow. 10.000 To support children and l'oung people who havc bcen bcrcavcd of someonc closc to thcm. Total of other grants madc in 2024 70,671 Total £ 817J(M) £1,195,671 15
The Joron Charitable Trust Notes forming part of the finAnciAI Statements for Ihe year ended 31 March 2025 (continued) Creditors: amounts falling due within one year 2025 2024 Indepcndent C?mAner's fees Audit fccs 3.090 9,570 £3,090 £9,570 8. Unrestricted Income Fund The Charity's funds are unrestricted and comprise an income fund, which th¢ Trustees are able to use for general purposes in accordance with the charitable objects. 9. Related Party transactions Mr B D G Jarvis is a dir¢ctor of Ravensale Limited, fftim whom thc Charity r¢ccived voluntary income of £940.000 (2024 - £1. I75,0()O) during the ycar. During the Icar donations of £380,000 (2024 - £750,000) were made to The Gem Project NPC a charity which Miss J K Jarvis is a director. At the year ¢nd, all income had been paid and there was no outstanding balances with Ravensale Limited. Neill & Co a firni which Mr J A Kiernander is a partner r¢ceived fees of £630 during the year <2024 £1,588). No other Trustees receivcd remuneration for their services. bencfits, or re1mbUM¢nt of expenses during the year (2024- £Nil.) 10. Controlling Party Th¢ Trustees are the controlling party of the Charity. 16