REGisfERED COMPANY NUMBEIL. In322852 {En214nd and Wale5) REGISTERED CHARrrY NifMBEIL. 1080n9 Report of th¢ Trwtrts • Uwiudtt¢d Flm*Ddal Statewemts for ¢h¢ Yr EDded 31 Deceth 2023 Job Ch•n Dafton Pardoe LimiteAI 794 High Street Kinwinford W¢st MidlaThts DY6 8BQ
Job Ch#ng¢ C•nte•ts of th¢ FiD•uwl Stslememts for tbe Year Ended 31 D¢f¢mbtr 21)23 Report of the TrDste I to 2 Sts¢emellt of Fl#ndal A¢dYltks Bl8¢e Sheet Notes to the FIDxn¢ll Sl•temtttts 7 to 12 Detsiled Stst¢nnt ofFl•aDell A1VitIeS 13 tr> 14
Job Change Report of the Trnstees for tbe Year Ended 31 Deeember 2023 The trustees who are also dire¢tors of th¢ charity for the poSeS of the Companies Act 2006. present their report with the fffiancial statements of the tharity for the year ended 31 December 2023. The tneeS have adoptd the provisions of Accounting and Reporting by Charities.. sernent of Recommended Pra¢tice applicable lo ¢harities preparing their 8ccounts in accordonce with the Financial Reporting Standord applicable in the UK and Republic of Irela[ (FRS 102) (*ffe¢tive I January 2019). OWECTIVES AND ACTIVITIES ObJ¢¢tlYes and •lms The principal activity of the company throughout the year and the objects for which the company is established is to provide high quality job s¢grch resourceS> guidance. advice and trainin8 for llll unemployed and low paid men and women. STRUCTURE, GOVERNANCE AND MANACEME Covernlns document Job Change was re8iSttted with Companies Houle and the Charity Commisslon on 29th Novembtr 1988, The company 18 limited by 8ullrantee. not having a share Clt41, The charity'$ Goveming Document is the Memorandwn and Articles of Associatlon incoryornted 29th November 1988 amended by special resoluiion on 10th tkc¢mb¢r 1996 and 4th December 1998 logether with certifite of incorporation on ¢han8e of name dated 2nd January 1997. The di10r$ of the Company are also the trustees for the purpose of chariry l•w. REFERENCE AND ADMINISTRATIVE DETAILS Regtstered Company number 02322852 (England and Wal¢8) ReKbtered Charlty Dumber 1080729 Re8lJtered offlet 10 Red Lion Street Wolverhampton West Midland5 WVI 4HL Tru$te¢s Owen D Brown B¥rry R Ni¢holls Kanti C Patel (re$led 19.4.24) Bernet Tullo¢h-Williams Christian Snyer Independen¢ ExAmlDer C Dalton FCA Dalton Pardoe Limiied Chartered Accountants 794 High Street Kingswinford West Midland$ DY6 8BQ Page I
Job Cha Rtyfyrt ofthe Trusttts for the Yr Ended 31 Decem2023 This rert has been preparol in a¢¢(rdantt with the wial provisioDS of Part 15 of the Companies Ad 2006 relaw to small ctsmparties. Approved by order of the board of tnLSttts on 26 S¢ptats2024 *Tr1 si on its belf by: Bernd Tulloch-WilliaTns. Trus Page 2
Independent Examiner's Report to the Trustees of Job Chan¥e Indeptnilent exaNiirter's report to the trustees of Job Change ('the Company,) I report to thc charity trusl¢cs on my exatnination of ihe accounis of the Company for the year ended 31 December 2023. Responsibilities ba515 of report As the cliariivs trustees of tlie Coillpany land also iis dirtorS for the purposes of company lawl you are responsible for the PTeparation of th¢ accounts in accordance with the requiremeiits of th¢ Cotnpanies Act 2006 ('th¢ 2006 Act'l. Havingj Satisfied tnyself that the accounts of the Ctstnpany are noi required to b¢ audited under Part 16 of th¢ 2006 Act and are eligible for independciit ¢xaJninaiion. I repon in rospect Of Iny exainination of your charity's accounts as ¢arried our under SeLiion 145 ofihe Cliariti¢s Act 2011 ('Ihe 2011 Acl'l. In carrying oui my ¢xaniination I have followcd tli¢ Directions given by ihe Charity Coinmission under Section 145{51 Ib) of the 201 l Act. Independent examiner's statement Siiice your churity's biross iiicome cxcecded £250.000 your examiner Iiiust be a membeT of a lisied body. l ¢an confinn that I am qualified io undenakc tlie examiiialion because l ain a member of the Institute of Chart¢red Accountants irt England and Wales. which is on¢ of the lisied bodieg. I have coinpl¢ted my examination. I confiTm that no matt¢rs have come io my attention in connection with ihe examination Jivinbw Inc caus¢ lo believe.. aecouniing record5 were noi kept in respect of the Company as required by Section 386 of the 2006 Act., or Ilic accounts do iioi uccord with I110se rccords; or the accounis do iiol Loinply wilh tlie accounliiigy requirciiiciils of Section 396 of the 9006 A¢t other than any rcquircmLiit Iliai th¢ aCLounis kiiv¢ a Irue lind fair vicw wliich is not ll maitcr considcitd us part of on indcpeiid¢nt cxainiiiation: or the accouiits have not bcen prepared in accordanc¢ with ihe Incihods and principles of the Statement of ReLoii)Ineiided Practice for accountinbT and rLportlllb by cl)arities lapplicablc to charilics preparing? IheiT Accounts in accordance with Il)e Financial Reportinbl Standard applic1c ble in Il)e UK #nd Republic of Ir¢land (FRS 102)). I have no concerns and have coime across no oiher InaiieTS 11) Connection with ihe ¢xtsinination to whi¢h attention should be drawn in Ihis report in ordeT to enable a proper understanding ol'ih¢ accounts to bg r¢a¢hed. C Dalton FCA The Instiiuie ofchartered Accoun¢ai)ts in Lnbvland and Wale5 Dalton Pardo¢ Liiniled CharterLd Accouniants 794 Fligh Sireei Kinuiswinford West Midlands DY6 8BQ 26 September 2024 Page 3
Job Chattge S¢gtement of Flnanclal Aetlvltles for the Y¢8r Ended 31 December 2023 31.12.23 Ullrestrlcted 31.12.22 Total fimds Notes INCOME AND ENDOWMEwfs FROM Donations And le8acies 124.000 Cb4rltsble 4¢tlvltleJ Principal activity 227.747 528J08 Investment income Other in¢om¢ 1,9n 600 5,613 000 To¢•1 260J19 658.521 EXPENDITURE ON Chlrltable #etlvltles Prlncipal a¢¢ivity 236,053 357,956 8,570 16234 Total 244,623 374.190 NET INCOME 13,696 284,331 RECONCILIATION OF FUNDS Totsl ffiJAds brought forward 299,900 13.569 TOTAL FUls CARRIED FORWARD 315A96 299,900 The notes forni p8rt of these financial ststements Page 4
Job Cb 31 De¢¢02023 31.1223 Unrestrltted ttd 31.12.22 Total FIXED A&SETS Tangible assets 2,852 CURRENT A&SETS Debtors 174A80 141JSI 29.078 280.142 31S931 309220 CREDITORS Amounts fallin8 within one year (3222) (12.172) NET CURRENT ASSETS 312.709 297.048 TOTAL ASSETS LE CURREKT LIABILITIFS 315W6 299.900 NET ASSETS 315J96 299,900 FUNDS Unrestricted fiJnd5'. Genernl fund io 31U96 299,900 TOTAL FUNDS 31S596 299,900 The ¢harbtable ¢ompany 1$ entitled to exem01) from Ilt undtr Sedion 477 of the Comp1¢5 Act 2006 for the year ended 31 December 2023. The members have not required the cornpthy to obtsin gn audit of tts fllwial Slatemts for ts ye•r ended 31 Decernber 2023 in 4¢¢ordw with Section 476 of the C1¢8 Acl 2006. The trusi¢es acknowlge their resp)nsibilities for {a) ensurin8 that th¢ chlble company keeps aC¢oUB records thAt comply with Sections 386 gftd 387 of the Companies Act 2006 and preparing farKI81 ststements whith giv¢ 4 fair view of the slate of affairs of the ¢haritabk ¢ompmy as at the end of each financial and of its stuplus or d¢fi¢it for ea¢ fincIal >rar in accordance with the requiremenL8 of Sections 394 395 and which other comply with the reqUIren of the Comp•nles Act 2006 relatin8 10 finmcial so far &8 appli1¢ to the dlble ConU>y. (b)
Job Change Bal*nc¢ Sb¢¢¢- contirtu¢d 31 Defember 2023 These fmancial staternts have been prq>ared in a¢¢ordance with the provisiotu applicable to chaTitable companies subje to the companies regim The financial ststements were approved by the Bogrd of Thte£S ond authorised for issue on 26 September 2024 and wer¢ Si8ned on its behalf by.. Btrnet Tulloth.Williams- Truste¢ The notes fonn part ofthese fingndil statements
Job Ch4nge Notes to tbe Flnanelal Ststements for Ib¢ Year Ended 31 Deeember2023 ACCOUNTING POLICIES Basts of preparlDg the IlnaDclal 5thtements The financial 5taiements of the charitable comporty. which is a public benefit eniity uThJer FRS 102, have be¢n prepared in accordan¢e with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Ststement of Recornmended Practice appli¢able to charitie5 prepgring their aecounts in accoTdaNe wlth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l J4nuary 2019),, Finan¢iAI Reportin8 Standard 102 The Financial Reporting Standard applicable in the UK and Republi¢ of Ireland, and the CompaDi¢S Act 2006. The financial statements have been Prepared under the historical cost convention. Itteome All income is reCols¢d in the Sta*ment of Financial Activities once the charity has entitlement to the fimd4 it is probable that the in¢ome will be received Ind the amount can be fflured reliab5y. penditre Liabilities are recognised as expenditure as soon as ther¢ is a legal or consttuctive obligation committing the ¢lwity to that expertditure, it is probable that a transfer of economic benefits will be required in settlement gnd the amow of the obligation can be mthsured reliobly. Expenditure is accounted ftjr on an ac¢ruals basis and h&$ been classified under heading5 that aggregate all cost related to the ¢ategory. Where Costs carLnot be dIrY attributed to particu18r headings they have been allocated to a¢tivities on a basis ¢onsistent with the use of resources. Tangibk fixed assets Depre¢l10n is provided at the following annual rates in order to wriie off each asset over its estimated usthl life. Fixtures and fittings Comw equiprnent 250A on reducing balanc¢ 25% on reducing balance Taxation The charity i5 exempt from COTpofdtion tyx on its charitable a¢tiviti¢s. Fund aceountlng Unrestricted funds c4n be used in accordance with the charitable obje¢lives at th¢ discretion of the Irustees. Restricted fijnds can only be ed for particular restricied purposes within the obje¢u4 of the charity. Restri¢tions aTise when specified by the donor or when ffijnds are raised for parti¢ular restricted PUTPo. Further explgnation of the nature and purp¢M¢ of ead) fid is included in the notes to the financial statemats. P¢nsioD ¢o$ts •nd other post-retlrement better The ¢hariiable ¢ompany operates a defined ¢ontribution pension scheme. Contributions payabl¢ to th¢ ¢haritable ¢omp4nys pension scheme charged to the Statement of Financial Activities in the period to whith they relate. Po8¢ 7
Job Chnge Notes to the FillAn¢ial S¢4¢¢m¢nts- ¢oDtIDu¢d for the Year End 31 December 2023 INVLSTMENT INCOME 31.1123 31.12.22 Rents received Deposit account interesi 5,610 J,972 5.613 NET INCOMFJ(EXPENDITURE) Nel incomel(expendi¢ure) is thted After charginpJ(credlting): 31.12.23 31.12.22 Independent examiners fee Depreciation- owned assets 3J30 3.060 951 TRUSTEES, REMUNERATION AND BENEFITS There wwe no trustees, r¢munerAtion or other befits for the year 31 Dewnber 2023 nor for th• yeAr ended 31 December 2022. TrteS, exp¢*seJ There w¢r¢ no trustees, expenJ¢s paid for the year erKled 31 December 2023 nor for the year ended 31 December 2022. STAFF cosrs The averw monthly number of employees during the year was as follows: 31.12.23 31.12.22 Trusrees No ¢mploye¢s rKeived emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTITIEs Unr¥trlcted INCOME AND ENDOWMENTS FROM Domtions and legacies 124.000 Ch¥rl¢•bk #rtlvltl Princlpal activity 528J08 Investsnent income Other income 5,613 600 TotAI 658.521 Page 8 ontinued...
Job Ch*nt¢ Notss ¢• ¢bt S¢•tements- co•tiDu ror Ihe Ymr Znded 31 Dvember2023 COMPARATIVLS FOR THE ATmE OF FINANCIAL AcnvfnLs. eonthiued ffijnd EXPENDITURE ON Charftsble actlvltl Principal a¢tivity 357.956 16234 T•t#l 374.190 NET INCOME 284,331 RECONCILIATION OF FUNDS Totyl funds brou8hi foThv•rd 15,569 TOTAL FUNDS CARRIED FORWARD 299.9)0 TA]YGIBLE FIXED ASSErs fittin85 equipment Totsls Ai l jary 2023 Additions iios 9.140 11345 998 At 31 Decernber 2023 iios 10.138 DEPRECIATION Ai l JOnu 2023 Char8¢ for year 732 963 Ai 31 De¢¢mber 2023 1.7n 9? NET BOOK VALUE At 31 December 2tr23 1554 At 31 December 2022 2.408 1852
Job Ch411g¢ Noles to th¢ Flnanelal StAtsmeDts- ¢ontlDued for the Year Eoded 31 Detember 2023 DEBTOILS: AMOUNfs FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade debtors Amounts owed by pgrticlpating intorests Prepajoyits accrued incorne 45,553 123J03 5,524 6,260 17,495 5,323 174.580 29.078 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trnde Creditors Other ereditors A¢¢nd expenses 9,072 42 3,058 64 3.060 3.222 12.172 io. MOVEMENT IN FUNDS Net movement in funds At 31.12.23 Atl.1.23 Unre8trkt¢d fuDdi Genernl Iljnd 299,900 IS696 31S,$90 TOTAL FUNDS 299.900 15,696 315,596 Net movement In fimd4 Ilded in the above are as follow3: Incoming resources Resources expended Movement In funds Unr¢strt¢ted fMDd8 General thd 260J19 41623) 15,696 TOTAL FUIYDS 200J19 (244.623) 1S696 Page 10 continued...
Job Cball Notes to th¢ FIMnelal Statements- con¢inu¢d for tht Yeir Ended 31 Deeembtr 2023 10. MOVEME IN FUNDS- Coffjp4r4tfves for moveJn¢ttt In fun Nei movement in funds At 31.12.22 At 1.122 Unrestrlcted G¢n¢ral fund 15.569 284,331 299,900 TOTAL FUNDS 15.569 284J31 299,91X) Comporolive net movemen¢ In funds, included lli th¢ above are as follows: Incoming resources Resources expended Movement in Iljnds Unrestrk¢ed futyds Gewal fund 658.521 (374,190) 284,331 TOTAL FUNDS 658,521 (374,190) 284,331 RELATED PARTY DISCLOSURES The d1Clor$ and In1¢¢5 of Job Ch8n8e are also diredor8 of Job Change 2007 (Wegi Midlands) Clq compani•s that are in¢orporated in the United Kingdom. Included wlthin debtor4 amounts falling wlthin one year• is on Bmount of £123,503 (£17.493 . 2022) due to the ¢ompany from Job chan 2007 (West Midlands) CIC. The cornpany has recharged costs ond overheads during the year as follows.. To Job ChBn8e 2007 (West Midlands) CIC £600 <£600 .. 2022) for payroll administration. Job Change ha8 been recharged £46,111 (£93,028 .. 2022) wage costs from Job ChBn8e 2007 (Wes( Midlands) CIC. 12. ULTIMATE CONTROLLING PARTY The ¢harithble Company 1$ ¢ontrolled by the trustees (who are also the directors of Job Chan8e for the purpow of ¢ompany law), who are also members of the charitable company. Pagell continued...
Job Change Notes to tkn¢ FID8Delal Statements- ¢olltlnu¢d for the Year Ended 31 December 2023 13. MEMBERS GUAREE Job Chang¢ is a company ITmited by 8uuante In the event of a winding up or dissolution of the company. meml)ers' liabilty under the Memorandwn of Association is limited to £1 each and liability ¢oniinues ftsr one year after Cessoiion of membeip. Pgge 12
Job Ch8ng¢ D¢¢Jlled StstsmeTht of FIMnelal Aetfvltks for the Yer EDded 31 De¢¢mlxr 2023 31.12.23 Unrestricted 31.12,22 Totsl INCOME AND ENDOWMENrs and kg8¢1¢s Job Chan8e 2(107 CIC 30,0( 124,fy)O Investnnt Ineome ts received Lkposit account Interest 5,610 1.972 5,613 CbrltAble aetfvltl SSU Project Wolverhamplon County Coun¢il Good Things Foundalion Aduli Education Centre Wolverhampion Voluntary Council Skill$ Connxt Sandwell MBC Walsall County Council Dudley County Council Kl¢kstgrt Scheme 3,905 120394 1.427 267.352 13,060 44.10 22,630 67.403 16,536 16,678 5.124 74,098 81,759 21,789 227,747 528J08 Oib¢r Ineome Manllgement Charges 6110 600 To¢41 lTh¢omlng r¢Bour¢¢8 260J19 658,521 EXPENDITURE Ch4rltgbl¢ ¢tlvlt Wa8e5 and s&larie5 Training course costs Offi¢¢ and administratton Sundrie5 Consultancy and professioMI Client expenses Advertising and promotional Bad debts Depreciation of tangible fixvj assets 46,111 18,962 3.177 35 1338 07,860 98,440 (4,063) 93.028 33,890 5,598 533 8,100 64,116 148.680 951 232,723 354.896 This page does not ftsrni part of the statutory financial statements PA8e 13
Job Ch4mg¢ for the Yr E•ded 31 De¢¢mber2023 31.12.23 31.1222 ChTltsbk aetlvltks Other 15.344 Bank inre51 767 8370 16,234 SppOrt ¢wts Covtrnanee costs Independent examinus fee 24623 374,190 Net IDeo ISffi96 284J31 Page 14