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2021-07-31-accounts

Registered Charities Number 1082633

THE JANDSFORD TRUST

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2021

CANSDALES BUSINESS ADVISERS LIMITED

Chartered Accountants & Statutory Auditor Bourbon Court Nightingales Corner Little Chalfont Bucks HP7 9QS

THE JANDSFORD TRUST

FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2021

CONTENTS PAGE
Charity Information 1
Trustees’ Annual Report 2 - 3
Independent Examiner’s Report 4
Receipts and Payments Account 5
Statement of Total Assets and Liabilities 6
Notes to the financial statements 7 - 8

Page 1

THE JANDSFORD TRUST

CHARITY INFORMATION

CHARITY REGISTRATION NUMBER

1082633

TRUSTEES

Mr J R Ford Mrs S Ford Mr L S Greig

PRINCIPAL PLACE OF OPERATION

29 Grovewood Close Chorleywood Rickmansworth Hertfordshire WD3 5PX

INDEPENDENT EXAMINER

James Foskett Cansdales Business Advisers Limited Chartered Accountants and Business Advisors Bourbon Court Nightingales Corner Little Chalfont Bucks HP7 9QS

BANKERS

Cater Allen Private Bank Sovereign House 16-22 Western Road Romford RM1 3SP

Page 2

THE JANDSFORD TRUST

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31 JULY 2021

The Trustees present their report and the financial statements of The Jandsford Trust for the year ended 31 July 2021.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Trust was set up by a Trust Deed dated 13 July 2000 and was registered as a charity by the Charity Commission for England and Wales on 27 September 2000. The Trust’s registered charity number is: 1082633. The objectives of the charity are that of general charitable activities as the Trustees in their absolute discretion see fit.

The Trustees who served throughout the period and to the date of this report were John Ford, Stacia Ford and Louis Grieg.

New trustees may be appointed by the trustees. Any new trustees must undergo an orientation to brief them on their legal obligations under charity law, decision making processes and recent financial performance. During the orientation they will meet the other trustees. At the regular trustees’ meetings, the trustees agree the overall strategy and areas of activity for the Trust.

REVIEW OF ACTIVITIES AND RESERVES POLICY

The Trust continues to provide support in accordance with its objects. The Trustees administer the funds directly, and all the donations were received from Trustees as unrestricted funds. The Trust plans to continue carrying out its charitable objectives in the future.

The results for the year, and the charity’s financial position at the end of the year, are shown in the attached financial statements. All income and expenditure in the year is considered as routine and the year ended with a Surplus of £3,568 (2020: Deficit of £5,432).

The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets or investments ('the free reserves’) held by the charity are sufficient to meet any ongoing donations of which the trustees are aware. On 31 July 2021 the reserves were £9,126 which was sufficient to meet this policy. This policy and the levels of reserves will be reviewed from time to time.

The two largest donations in the year have been made to St Andrews Chorleywood and Watford New Hope Trust to support them in meeting their respective objectives.

RISK REVIEW

The trustees regularly review the risks to which the Trust is exposed and aim to minimize the risks as far as possible. Procedures will be periodically reviewed to ensure they still meet the needs of the Charity.

GRANT MAKING POLICY

It is the policy of the Trust to make grants to institutions and individuals in accordance with the objects of the Trust for charitable causes from funds available for distribution.

Page 3

THE JANDSFORD TRUST

TRUSTEES’ ANNUAL REPORT (continued)

PUBLIC BENEFIT

The Trustees have considered the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting the grant making policy for the period. The Trustees have, in their view, met the public benefit requirement by making grants to individuals and institutions that are able to further the charity’s objects.

PLANS FOR THE FUTURE

The Trust will continue to focus and support in line with its charitable objective.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales 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:

The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Charities Act 2011, the Statement of Recommended Practice in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) and the trust deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FOR AND ON BEHALF OF THE TRUSTEES

J R Ford

......................................…… S Ford

Date: 24 May 2022

Page 4

THE JANDSFORD TRUST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE JANDSFORD TRUST

Independent examiner's report to the trustees of The Jandsford Trust

I report to the charity trustees on my examination of the accounts of The Jandsford Trust (the Trust) for the year ended 31[st] July 2021.

Responsibilities and basis of report

As the charity trustees of the 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 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 145(5)(b) of the Act.

Independent examiner's statement

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 Trust as requiredby section 130 of the Act; or

  2. the financial statements do not accord with those records: or

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 financial statements to be reached.

Use of My Report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

James Foskett FCA BSc (Hons) DChA Cansdales Business Advisers Limited

Date: 25 May 2022

Chartered Accountants and Business Advisers Bourbon Court Nightingales Corner Little Chalfont Bucks HP7 9QS

Page 5

THE JANDSFORD TRUST

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2021

Donations
Charitable Grants:-
St Andrews Chorleywood
World Vision
Botton Village Appeals Fund
New Hope
Philo Trust
Crohn's & Colitis
Total Income/Expenditure
Surplus/(Deficit) for the year
Bank balance brought
forward
General Unrestricted
Bank balance carried
forward
General Unrestricted		 RECEIPTS
£
40,000
40,000
3,568
5,558		 2021
PAYMENTS
£
28,000
432
1,000
5,000
1,000
1,000		 2020
RECEIPTS
PAYMENTS
£
£
20,000
18,000
432
1,000
5,000
1,000
-
25,432
20,000
25,432
(5,432)
10,990
5,558		 2020
RECEIPTS
PAYMENTS
£
£
20,000
18,000
432
1,000
5,000
1,000
-
25,432
20,000
25,432
(5,432)
10,990
5,558
36,432
36,432		 25,432
25,432
9,126 5,558

All of the funds are unrestricted.

All operations are classed as continuing. There were no gains or losses other than those recognised in this Receipts and Payments Account.

Approved by the Trustees on ………………. and signed on their behalf by: 24 May 2022

Mr J R Ford

Mrs S Ford

Page 6

THE JANDSFORD TRUST

STATEMENT OF TOTAL ASSETS AND LIABILITIES AT 31 JULY 2021

2021 2020
UNRESTRICTED RESTRICTED TOTAL UNRESTRICTED RESTRICTED TOTAL
£ £ £ £ £ £
Monetary Assets:-
Bank Current
Account 9,126 - 9,126 5,558 - 5,558
Total Assets 9,126 - 9,126 5,558 - 5,558
Liabilities:-
- - - - - -
Total Liabilities - - - - - -

These unaudited financial statements were approved by the Trustees on …………….. and signed on their behalf by: 24 May 2022

Mr J R Ford

Mrs S Ford

Page 7

THE JANDSFORD TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

1. ACCOUNTING POLICIES

(a) Basis of preparation and assessment of going concern

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, as modified by the revaluation of certain assets.

.

(b) Income

All income is accounted for once the charity has entitlement to the income, it is more likely than not that the income will be received and the amount receivable can be measured reliably.

(c) Grants

Grants to individuals and institutions are accounted for when paid.

(d) Expenditure

Expenses are accounted for on a cash basis inclusive of VAT, which is not recoverable. Charitable activities include those costs which meet the objectives of the charity. Management costs are those costs associated with meeting the constitutional and statutory requirements of the Trust.

(e) Taxation

The Trust is a registered charity within the definitions of section 506(1) Income and Corporation Taxes Act 1988 and is therefore able to take advantage of the exemptions given by Section 505 of that Act.

(f) Funds Accounting

Funds held by the Trust are:

General unrestricted funds - represent funds which can be used in accordance with the charitable objectives of the Trust at the discretion of the trustees.

Page 8

THE JANDSFORD TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 (Continued)

2. TRUSTEE EXPENSES

During the year no remuneration was paid to the trustees or their connected persons. The Trustees received no expenses during the year (2020: £Nil)

3. RELATED PARTY TRANSACTIONS

John Ford is a Trustee of New Hope (registered charity no 1080784) . During the year The Jandsford Trust made donations to this charity of £5,000 (2020: £5,000) .

John Ford is also a council member and honorary treasurer of St Andrews Chorleywood (registered charity no 1130419). During the year The Jandsford Trust made donations to this charity of £28,000 (2020: £18,000).

Receipts include donations from Mr & Mrs Ford of £40,000 (2020: £20,000) to the Trust.