2020-07-31-accounts - Jade

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Jade Financial Statements 31 July 2020

Jade

Report and accounts Contents

	Page
Trustees, Advisors and Charity Information	1
Trustees' Report	2
Accountants' report	3
Statement of Financial Activities	4
Balance sheet	5
Notes to the Financial Statements	6

Jade

Trustees

Barney Skrentny (Chair) Sally Bell Richard Bell Shantha Appavoo Anna Chamberlain Robert Ashworth

Reporting accountant

Fiona Fraser 3 Barossa Place Perth PH1 5HA

Bankers Barclays Bank

Charity's principal address

84 Burghley Road London NW5 1UN

Registered charity number

1079306

Jade

The Trustees present their report and financial statements for the period ended 31 July 2020. Details of Trustees and the charities advisors are set out on page 1.

Constitution, objects and policies

The trustees set out on page 1 are the directors of the company.

The objects of the company are:

to relieve persons who are in conditions of need or hadrship or who are aged or sick and to relieve the distress caused thereby in such parts of the world as the Trustees may from time to time think fit
to promote economic development for the wider public benefit in areas and amongst people groups suffering material and financial hardship in such parts of the world as the Trustees may from time to time think fit Directors - to advance the christian faith in such parts of the world as the trustees may from time to time think fit

Review of activities and future developments

As Covid-19 and national and international restrictions arising from it struck in March 2020, it became clear that life and work for the remaining months of the year (until 31 July 2020) was going to change drastically, and is expected to remain so for a good while into the future. Until Covid-19 struck, the work abroad had continued to flourish. With Covid, as everywhere, the existing avenues to reach out were restricted, but new creative means opened up, through the use of communications technology. Another impact has been on the frequency and ease of travelling home to the UK, which is difficult

Financial Review

The Trustees are satisfied that the financial position of the Trust is secure and reserves are at a good level for emergency support if required. .

Statement of Trustees' responsibilities

Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each year which give a true and fair view of the charity's financial activities during the period and of it's financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

select suitable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity, and which enable them to both ascertain the financial position of the charity and ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board on .

Chairman of Trustees

Jade

Independent Examiner's Report to the Trustees

I report on the accounts of the Charity for the year ended 31 July 2020 which are set out on pages 5 and 6.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.

It is my responsibility to:

examine the accounts (under section 145 of the 2011 Act);
to follow procedures laid down in the General Directions given by the Charity
Commissioners (under section 145(5)(b) of the 2011 Act);
to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Fiona Fraser Chartered Accountant

3 Barossa Place Perth PH1 5HG

Jade

Statement of financial activities for the year ended 31 July 2020

Jade Statement of financial activities for the year ended 31 July 2020
INCOMING RESOURCES Regular Gifts Other income Gift Aid TOTAL INCOMING RESOURCES RESOURCES EXPENDED Regular monthly payments Other gifts Accountancy fees Conference fees TOTAL RESOURCES EXPENDED Excess expenditure over income Balance of brought forward 1 August 2019 Allocated to Restricted Funds Balances carried forward 31 July 2020	Unrestricted Merritt MacDonald Total Funds Funds 2020 £ 480 26,004 32,412 58,896 1,000 1,000 - 1,480 26,004 32,412 59,896 1,480 26,004 32,412 59,896 26,320 28,982 55,302 - - 26,320 28,982 55,302 150 150 - 150 - - 150 150 26,320 28,982 55,452 1,330 (316) 3,430 4,444 3,116 11,599 1,563 16,278 (1,100) 1,100 - 3,346 11,283 6,093 20,722 Restricted funds	2019 £ 69,132 - 69,132

		69,132
		64,736 1,000
		65,736
		150
		150
		65,886
		3,246 13,032 - 16,278

Jade Balance Sheet as at 31 July 2020

Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 2 Represented by funds Unrestricted funds Restricted funds 2 Balance as at 31 July 2019	20,872 (150)	2020 £ 20,722 20,722 3,346 17,376 20,722	16,428 (150)	2019 £ 16,278

				16,278
				3,116 13,162
				16,278

These accounts were approved by the board of trustees on and signed on its behalf by:

Chairman of Trustees

Jade Notes to the Accounts for the year ended 31 July 2020

1 Accounting policies

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and the Statement of Recommended Practice Accounting Reporting by Charities (revised 2008). The accounts are prepared Turnover on an accruals basis and income and expenditure are included as they are earned or incurred.

Funds

Restricted funds are seperately identified and appropriately described. General funds are not subject to any restrictions regarding their use and are available for application on the general purposes of the company.

2 Creditors: amounts falling due within one year Accruals 2 Restricted Funds Merritt At 1 August Movement in funds in year Transferred from Unrestricted Funds At 31 July MacDonald At 1 August Movement in funds in year Transferred from Unrestricted Funds At 31 July Total Restricted Funds	2020 £ 150 150 2020 £ 11,599 (316) 11,283 1,563 4,530 6,093 17,376	2019 £ 150
		150
		2019 £ 4,182 7,417
		11,599
		5,064 (3,501)
		1,563
		13,162