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2021-03-31-accounts

Registered number: 04492376 Charity number: 1095555

JUBILEE CITIZENS UK

(A company limited by guarantee) TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Jubilee Citizens UK

(A company limited by guarantee)

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CONTENTS

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Jubilee Citizens UK

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021

Trustees Dr P M Kevern — (appointed Chair 25 November 2020) Mr. K Walsh — (appointed Treasurer 16 December 2020) Mr. M Malpas, - (resigned Treasurer 16 December 2020) Mrs. M Birkett (passed away 7 November 2021) Mr. A Cannon — (resigned Chair 25 November 2020) Mr. J Chauhan Mrs. VE Waldron Mrs. J Cairns Ms. S Mistry

Company registered number 04492376 Charity registered number 1095555 Registered office 76-78 Boldmere Road Sutton Coldfield West Midlands B73 5TJ

Company secretary

Mrs S Sharman (resigned 31 March 2021) Mrs B Bews (appointed 10 March 2021)

Chief executive officer Mrs R Bews

Independent auditor Cooper Parry Park View One Central Boulevard Blythe Valley Park Solihull B90 8BG

Bankers Unity Trust Bank Plc Nine Brindley Place Birmingham B1 2HB

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Jubilee Citizens UK (A company limited by guarantee)

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a

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2021

TS

The trustees present their annual report together with the audited financial statements of the charity for the year ended 31 March 2021. The Annual Report serves the purposes of both a trustees’ report and a directors’ report under company law. The trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102).

Since the charitable company qualifies as small under section 383 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 has been omitted.

The company is limited by guarantee and is a registered charity (Registered No. 1095555)

Legal Objects

The Charity’s objects are to promote the relief of elderly people and disabled people including assisting and co-operating in the work of statutory authorities and voluntary organisations engaged in providing facilities for physical and mental recreation, developing physical improvements, furthering health, and relieving poverty, distress, and sickness.

Objectives and Activities

Policies and objectives

Our aims and objectives are to offer the provision of direct quality services to promote good later life especially with a rise in the elderly population. Our support is offered to all ages and needs, with a focus on older adults, carers and people who may experience hardship in later life. We strive to make a positive contribution to the lives of current and future older adults, we focus on excelling in meeting the support needs, especially preventative support to promote wellbeing and reduce/delay the higher care and support needs.

Public benefit

In developing the activities, the trustees have had due regard to the guidance issued by the Charity Commission in respect of public benefit. In structuring the charges for services, care is taken not to disadvantage those with lower incomes.

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Jubilee Citizens UK (A company limited by guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance

We continue to offer a holistic person-centred service that is responsive, adaptable, and flexible to meet the needs of clients. Care packages are reviewed regularly via client reviews, and feedback from family members and care and support workers to ensure the right tevel of care is being offered to promote and sustain their independence.

We currently have contracts with Birmingham City Council to provide regulated personal care and domestic support packages to clients living in five extra care housing schemes within Birmingham. The care, dependent on the scheme, can be provided 24 hours per day, 7 days per week.

The care packages provided can be anything from 1 to 4 visits a day, with one or two carers delivering the care.

In the community personal care and domestic support packages are delivered by JCUK Wellbeing workers.

All new staff joining the organisation are inducted into the role which comprises of safeguarding, medication, moving and handling training and shadowing of shifts. Existing staff have their training regularly updated and work through the Care Certificate standards.

The management team continue to build positive relationships with other relevant stakeholders including clients’ families, scheme managers, social work teams and commissioners.

We continue to hold Silver Investors in People, and our CQC rating of Good.

Financial Review

The total net incoming funds £1 ,273,589 (2020: £1,221,962), an increase on the prior year. Total reserves at the year ended 31 March 2021 were £662,445 (2020: £388,772)

The charity continued to be principally funded by service user contributions and additionally by contracts with Birmingham City Council.

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Jubilee Citizens UK

RS

(A company limited by guarantee)

mR a ES

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

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Financial Review (continued)

Reserves Policy

The trustee’s aim is to retain unrestricted funds sufficient to cover three months’ salary costs together with appropriate staff redundancy costs in the event of funding from Birmingham City council being withdrawn. This is estimated to be approximately £300,000

Level of Reserves

Free reserves are the charity’s reserves that are freely available to spend on any of the charity's purposes and therefore exclude tangible fixed assets. At 31 March 2021 the charity held free reserves of £707,225 (2020: £385,636).

Investment of funds policy

Any monies not required for immediate use would be placed in a high interest deposit account to achieve added income.

Structure, Governance and Management

Constitution

The company is constituted under a Memorandum of Association dated 23 July 2002 and is a registered charity number 1095555.

Governing Document

The organisation is a charitable company limited by guarantee, incorporated 23 July 2002. The company was established under a Memorandum of Association which established the objects and powers of the charity and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Method of appointment or election of Trustees

The directors of the company are also the charity trustees for the purposes of charity law, and, under the company’s Articles of Association, the members of the Board are elected to serve for a period of three years, after which they must be re-elected at the next Annual General Meeting.

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Jubilee Citizens UK

{A company limited by guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Structure, Governance and Management (continued)

The trustees serving during the year and to the date of this report are shown on page 1.

There is no private benefit arising to trustees other than the satisfaction of being involved and contributing towards the wellbeing of those we seek to serve.

Policies adopted for the induction and training of Trustees

Prospective trustees are recruited initially in an observer capacity and, after receiving an information pack, attending at least two board meetings to familiarise themselves with the working of the organisation before committing themselves and before being elected to the Board. The trustees are kept up to date with Charity Commission guidance and encouraged to participate in training events when available.

Related party relationships

The trustees are also directors of Jubilee Citizens Enterprises CIC. The charity is responsible for this entity which is currently dormant.

The trustees are also trustees, directors, and members of Age Concern Birmingham. Certain trustees are also directors of Age Concern in Birmingham Trading Ltd.

The strategy of Jubilee Citizens UK is aligned with Age Concern Birmingham.

Organisational structure and decision making

The Chief Executive heads a Management Team who is charged by the Board of trustees with the delegated responsibility of running the organisation according to the strategic direction of the over-arching business plan. This is updated on an annual basis and approved by the trustees.

Pay policy for senior staff

There are no key management personnel remunerated within the charity. A management charge is levied by Age Concern Birmingham to Jubilee Citizens UK to reflect the staff management and support time and use of premises. The management charge is calculated with reference to the staff salaries and time spent within Age Concern Birmingham.

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a

Jubilee Citizens UK

(A company limited by guarantee)

— TTT

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

a

Structure, Governance and Management (continued)

Risk management

The trustees have assessed the major risks to which the charitable company is exposed, in particular those related to the operations and finances of the company and are satisfied those systems and procedures are in place to mitigate our exposure to the major risks.

The most significant risk is if for the care work provided in the extra care sheltered housing schemes was to be withdrawn by Birmingham City Council. We ensure we maintain a good line of communication between ourselves and Birmingham City Council to ensure we work together to ensure the needs of the clients can be met.

Future Plans

We will continually strive to develop and offer the best quality service for clients and funders.

We will continue to work closely with clients, their families, and statutory services to establish positive relationships.

We will ensure staff development continues to offer a skilled workforce.

To keep up to date with regulations and legislation.

To further develop the community, offer and increase the wellbeing support packages to people living in their own homes across Birmingham.

Information on fundraising practices

The charity has not undertaken any fundraising during the year.

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Jubilee Citizens UK (A company limited by guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

COVID-19

The charity has considered the impact of COVID-19 and the ensuing economic shutdown in preparing these financial statements. As the circumstances were in existence during the year and at the balance sheet date, the events, and any impact after the year-end that related to conditions in existence at that date, have been treated as an adjusting event.

The charity has worked well through the COVID-19 pandemic and has supported vulnerable older adults to stay safe. We have provided consistent community care and support with a significant reduction in the use of agency staff throughout the COVID-19 pandemic. We identified that COVID-19 increases the need to support people to maintain their independence in their own homes for as long as possible. This increase in support aids in avoiding the need for people to move into residential or nursing homes which brings greater risks as evidenced through the COVID-19 pandemic.

There is increased demand for support within peoples own homes to remain independent for longer to delay specialist accommodation. In view of this we are developing our community work to develop a flexible support and care offering around a range of independent living needs.

As the charity's activities constitute a key service, income has not been unduly affected by the COVID-19 pandemic, remaining consistent with levels in the prior year, and the charity continued to generate a surplus. There has been no negative impact on the charity's reserves and the trustees do not consider it necessary to designate any funds for further impacts arising from the pandemic.

Based on the above and having assessed the impact of COVID-19 by reference to future budgets and forecasts, cashflow and working capital, and the future plans for the charity, the trustees have determined that the use of the going concern basis of preparation continues to be appropriate.

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Jubilee Citizens UK (A company limited by guarantee)

RR RR A TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 — eee. ne

Statement of trustees’ responsibilities

The trustees (who are also directors of Jubilee Citizens UK for the purpose of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements the trustees are required to:

The trustees are also responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditor

Each of the persons who are trustees at the time when the trustees’ report is approved has confirmed that:

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Jubilee Citizens UK

(A company limited by guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Approved by order of the members of the board of trustees and signed on their behalf by:

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ChairDr P Mof Kevern Trustees Ak/ Y-
Date: 8 December 2021
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Jubilee Citizens UK (A company limited by guarantee) a SS ee INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF JUBILEE CITIZENS UK CE EEE EEE ae

Opinion

We have audited the financial statements of Jubilee Citizens UK (the ‘charitable company’) for the year ended 31 March 2021 which comprise the Statement of financial activities, the Balance sheet, Statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions related to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Trustees report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not

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cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatement in the Trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.

Responsibilities of trustees

As explained more fully in the Statement of Trustees’ responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a

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guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below:

Our assessment focussed on key laws and regulations the charitable company has to comply with and areas of the financial statements we assessed as being more susceptible to misstatement. These key laws and regulations included but were not limited to compliance with the Companies Act 2006, Charities Act 2011, taxation legislation, data protection, anti-bribery, and employment legislation. We are not responsible for preventing irregularities. Our approach to detecting irregularities included, but was not limited to, the following:

Whilst considering how our audit work addressed the detection of irregularities, we also considered the likelihood of detection based on our approach. Irregularities arising from fraud are inherently more difficult to detect than those arising from error.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located at the Financial Reporting Council's (“FRC’s”) website at: https:/Awww.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept

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or assume responsibility to anyone other than the charitable company and the charitable company’s members, for our audit work, for this report, or for the opinions we have formed.

Nick Simkins CE merc! oe=) h noal ore ) Senior Statutory Auditor forCOOPERand on PARRY behalf of: GROUP LIMITED Dates SSI!\ a\e 22) Chartered Accountants Statutory Auditors Park View One Central Boulevard Blythe Valley Business Park Solihull West Midlands B90 8BG

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Jubilee Citizens UK {A company limited by guarantee)

_————~ __ ___ EEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021

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Unrestricted Total Total
funds funds funds
2021 2021 2020
Note £ £ £
Income from:
Charitable activities 3 1,273,424 1,273,424 1,221,636
Investments 165 165 326
Total Income 1,273,589 1,273,589 1,221,962
Expenditure on:
Charitable activities 4 999,916 999,916 4,070,265
Total expenditure 999,916 999,916 1,070,265
Netmovement in funds 273,673 273,673 151,697
Reconciliation of Funds:
Totalfunds broughtforward 388,772 388,772 237,075
Net movement in funds 273,673 273,673 451,697
TotalFundsCarriedForward 662,445 662,445 388,772

The notes on pages 18 to 33 form part of these financial statements.

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Jubilee Citizens UK

(A company limited by guarantee)

BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2021 Registered number: 04492376

2021 2020
Note £ £
Fixed assets
Tangible assets 6 2,008 3,133
Investments 7 2 2
2,010 3,135
Currentassets
Debtors 8 138,001 87,882
Cash atbankand in hand 11 769,984 704,511
907,985 792,393
Creditors: amounts falling due in less
thanone year 9 (247,550) (406,756)
Net current assets 660,435 385,637
Net assets 662,445 388,772
Charityfunds
Unrestrictedfunds __ 662,445 388,772
Totalfunds 662,445 388,772

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Jubilee Citizens UK {A company limited by guarantee)

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_ EEE

BALANCE SHEET (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Registered number: 04492376

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to small companies’ regime.

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The financial statements were approved and authorised for issue by the trustees and
signed on their behalf by:
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Dr PM Kevern L
Chair of Trustees Hy yqe
Date 8 December 2021
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The notes on pages 18 to 33 form part of these financial statements.

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Jubilee Citizens UK

(A company limited by guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |2021|2020| |£|£| |Cash|flows from|operating|activities| |Net cash|used|in|operating|activities|(note|10)|65,473|216,202| |Change|in|cash|and|cash|equivalents|in|the|year|65,473|216,202| |Cash|and|cash|equivalents|at|the|beginning|of the|year|704,511|488,309| |Cash|and|cash|equivalents|at the|end|of the|year|(note| |11)|769,984|704,511| |The|notes|on|pages|18|to|33|form|part|of these|financial|statements.|

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Jubilee Citizens UK

(A company limited by guarantee)

Ee

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

a

1General information

Jubilee Citizens UK is a charitable company limited by guarantee and is registered with the Charity Commission (Charity Registered Number 1095555) and Registrar of Companies (Company Registration Number 04492376) in England and Wales

Its registered office is 76-78 Boldmere Road, Sutton Coldfield, West Midlands, B73 5TJ. Its principal activity if the delivery of support services for elderly people.

Company status

The company is a private company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

2 Accounting policies

2.1. Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Jubilee Citizens UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The financial statements are presented in sterling, which is the functional currency of the charity, rounded to the nearest pound.

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Jubilee Citizens UK

(A company limited by guarantee)

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

2 Accounting policies (Continued)

2.2. Going concern

The financial statements have been prepared on a going concern basis. In response to the COVID19 pandemic, the Trustees have performed a robust analysis of forecast future cash flows considering the potential impact on the charity of possible future scenarios arising from the impact of COVID-19. This analysis also considers the effectiveness of available measures to assist in mitigating the impact. As the charity's activities constitute a key service, income has not been unduly affected by the COVID-19 pandemic, remaining consistent with levels in the prior year, and the charity continued to generate a surplus. There has been no negative impact on the charity's reserves. Please see further detail on the impact of the COVID-19 pandemic within the Trustees' Report. Based on these assessments and having regard to the resources available to the charity, the trustees have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts.

2.3. Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

2.4 income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

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Jubilee Citizens UK (A company limited by guarantee)

am

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

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2 Accounting policies (Continued)

2.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated based on time spent, and depreciation charges allocated on the portion of the asset’s use.

Support costs are those costs incurred directly in support of expenditure on the objects of the company. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

2.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.7.‘ Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

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Jubilee Citizens UK

(A company limited by guarantee)

a

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

2 Accounting policies (Continued)

Depreciation is charged to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:

Office equipment - 20% per annum on cost.

2.8 Investments

investments in subsidiary undertakings are held at cost, net of any provision for impairment.

2.9 Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

2.10. Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.11. Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

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Jubilee Citizens UK

(A company limited by guarantee)

EEE

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

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2 Accounting Policies (continued)

2.11. Liabilities and provisions (continued)

Provisions are measured at the best estimate of the amounts required to settle the obligation.

2.12. Pensions

The charity operates a defined contribution pension scheme, and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2.13. Consolidation

The charity is the parent undertaking of a small group. The charity's sole subsidiary undertaking is effectively dormant and therefore the charity has not prepared consolidated financial statements. These financial statements therefore present the information about the individual undertaking and not the group.

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Jubilee Citizens UK

(A company limited by guarantee)

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

3 Income from charitable activities
Unrestricted Total
funds funds
2021 2021
£ £
Service User Contributions 119,288 119,288
Contracts forcare and support services 1,087,565 1,087,565
Covid related grants 66,571 66,571
TOTAL 2021 1,273,424 1,273,424
Unrestricted Total
funds funds
2020 2020
£ £
Service user contributions 126,107 126,107
Contracts forcare and support services 1,095,529 1,095,529
TOTAL2020 1,221,636 1,221,636

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EEE

Jubilee Citizens UK

(A company limited by guarantee)

———— SS ss.

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

| SSS

4 Analysis of expenditure by activities

Activities
undertaken
directly		 Support
Costs		 Total
funds
2021 2021 2021
£ £ £
Reliefofthe elderlyand disabled 831,938 167,978 999,916
TOTAL2021 831,938 167,978 999,916
Activities
undertaken
directly		 Support
Costs		 Total
funds
2020 2020 2020
£ £ £
Reliefofthe elderly and disabled 904,181 166,084 1,070,265
TOTAL2020 904,181 166,084 1,070,265

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Jubilee Citizens UK

(A company limited by guarantee)

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

4 Analysis of expenditure by activities (continued)

Analysis of direct costs

Analysis of direct costs
Total
Activities funds
2021 2021
£ £
Staff costs 791,797 791,797
Stafftravel 1,297 1,297
Recruitment 803 803
Training 127 127
Projectexpenses (incl additional Covid costs) 4,204 4,204
Care QualityCommission registration 3,342 3,342
Health & safety 10,204 10,204
Printing, postage & stationery 52 52
Telephone 848 848
Bad debts provided fororwritten off 19,264 19,264
Total 2021 831,938 831,938
Total
Activities funds
2020 2020
£ £
Staffcosts 888,249 888,249
Stafftravel 1,768 1,768
Recruitment 1,388 1,388
Training 1,088 1,088
Care Quality Commission registration 3,235 3,235
Health & safety 3,575 3,575
Cleaning & consumables 165 165
Printing, postage & stationery 583 583
Telephone 1,172 1,172
Bad debts provided for or written off 2,958 2,958
Total2020 904,181 904,181

Total 2020

Jubilee Citizens UK

25

(A company limited by guarantee)

=D

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

i

4Analysis of expenditure by activities (continued)

Analysis of support costs
Activities Total funds
2021 2021
£ £
Staffcosts 63,953 63,953
Recruitment
Training		 898
1,434		 898
1,434
Depreciation 1,125 1,125
Rent and rates 12,000 12,000
Insurance 3,613 3,613
Repairs
Consumables
Printing, postage, and stationery		 15
2,869
605		 15
2,869
605
Telephone 1,019 1,019
Bankcharges 1,220 1,220
Legal and professional fees 131 131
Managementfees 65,000 65,000
Governance costs 14,096 14,096
Total2021 167,978 167,978

26

Jubilee Citizens UK

(A company limited by guarantee)

IE

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

———— rr S

4 Analysis of expenditure by activities (continued) Analysis of support costs (continued)

Analysis ofsupportcosts Activities Total funds
2020 2020
£ £
Staffcosts 69,417 69,417
Stafftravel 14 14
Recruitment 120 120
Depreciation 1,124 1,124
Rentand rates 12,000 12,000
Insurance
Repairs		 1,813
8		 1,813
8
Printing, postage, and stationery 998 998
Telephone 1,135 1,135
Bankcharges 1,526 1,526
Legal and professional fees 26 26
Management fees 67,970 67,970
Governance costs 9,933 9,933
Total2020 —__166,084__166,084_

27

Jubilee Citizens UK (A company limited by guarantee)

Ee

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

ae EEE —==

5 Staffcosts 2021 2020
£ £
Wages and salaries 804,383 908,212
Social security costs 42,329 39,649
Pension costs 9,038 9,805
855,750 957,666

The average number of persons employed by the charity during the year was as follows:

2021 2020
No. No.
Management and administration 2 4
Domesticand care support 56 66
58 70

No employee received remuneration amounting to more than £60,000 in either year.

There are also amounts of £69,909 (2020: £148,237) in relation to costs of agency staff which have been included in wages and salaries but have not been reflected in the staff numbers.

Jubilee Citizens UK is managed by staff at Age Concern Birmingham and therefore no payments made to key management personnel (2020: Nil).

28

Jubilee Citizens UK

(A company limited by guarantee)

a

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

a 6Tangible fixed assets

6Tangible
Tangible fixed assets		 6Tangible
Office
Equipment
£
Cost
At 1stApril 2020 5,619
Additions -
Disposals =
As at31st March 2021 5,619
Depreciation
At 1stApril 2020 2,486
Charge forthe year 1,125
Disposals
As at31st March 2021 3,611
Net BookValue
At 31st March 2021 2,008
AT31stMarch2020 3,133

29

Jubilee Citizens UK (A company limited by guarantee)

___ ————————————————— ae

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

SNe eae... ll

7 Fixed Asset Investments

Fixed Asset Investments
investments
in
Subsidiary
Companies
.
Cost
At 1 April 2020 2
At 31 March 2021 2
Net Book Value
At 31 March 2021 4
At 31 March 2020 2
Principal Subsidiaries
The following was a subsidiary undertaking ofthe charity.
Name Holding
Jubilee Citizens Enterprises C.1.C 100%
The financial results ofthe subsidiary forthe period were:
Name Net assets
£
Jubilee Citizens Enterprises C.1.C
Net assets as at 31 March 2020 (377)
Movement in year =
Netassetsasat31March2021 (377)

30

Jubilee Citizens UK

(A company limited by guarantee)

a

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

————_—__ ————_—__ SS SS SS
8 Debtors 2021 2020
£ £
Trade debtors 21,371 1,253
Amounts owed bygroup undertaking 392 377
Amounts owed by related parties 69,452 74,139
Other debtors 2,363 9,567
Prepayments and accrued income 44,423 2,546
138,001 87,882
9 Creditors 2021 2020
E £
Trade creditors 38,087 11,075
Othertaxation and social security 7,918 9,626
Other creditors 153,907 363,457
Accruals and deferred income 47,638 22,598
247,550 406,756

31

Jubilee Citizens UK

(A company limited by guarantee)

TEETER

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

a

40 Reconciliation of net movement in funds to net cash flow from operating activities.

2021 2020
£ £
Net income forthe period (as perStatement
ofFinancial Activities) 273,673 151,697
Adjustments for:
Depreciation charges 1,125 1,124
(Increase) in debtors (50,119) (18,396)
(Decrease)/increase in creditors (159,206) 81,777
Netcash provided by operating activities 65,473 216,202
11. Analysis ofcash and cash equivalents
2021 2020
£ £
Cash in hand 769,984 704,511
12 Analysis of net debt
At 1st At 31st
April Cash March
2020 Flows 2021
£ £ £
Cash at bank and in hand 704,511 65,473 769,984
704,511 65,473 769,984

32

Jubilee Citizens UK

(A company limited by guarantee)

———es

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

eee

13. Pension Commitments

The company operates a defined contributions pension scheme.

The assets of the scheme are held separately from those of the company in an independently administered fund.

The pension cost charge represents contributions payable by the company to the fund and amounted to £9,038 (2020: £9,805)

Contributions totalling £1,460 (2020: £1,895) were payable to the fund at the balance sheet date and are included in creditors. .

14 Related Party Transactions

At the year-end a balance of £377 was due to the charity from its subsidiary, Jubilee Citizens Enterprises CIC (2020: £377 due to the charity) and was included within amounts due from group undertakings.

During the year, the activities of the charity were managed by Age Concern Birmingham, a charity which has the same trustees. Under the provisions of SORP (FRS102) the entities do not meet the formal criteria of control and therefore for statutory reporting purposes are not treated as a group but for strategic and management purposes the trustees consider the two entities to form part of the same group.

During the year, sales of £69,145 (2020: £89,808) were made to Age Concern Birmingham by the charity and purchases of £12,000 (2020: £12,000) were made from the charity.

Age Concern Birmingham has made a management charge to the charity of £65,000 (2020: £67,970). At the year-end £69,452 (2020: £74,139) was due from Age Concern Birmingham.

33

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