JUSB Limited
Registered Charity Number: 1099401
Company Registration Number: 04867114
Trustees, Report and Accounts for
the year ended 31 March 2024
A BRIGHTER FUTURE FOR
YOUNG PEOPLE

Working for the Young People of Bromley
The Trustees of JUSB present their report and accounts for the peri￿ l April 2023 to 31 March 2024
Referen￿ and Administrative Details
Trustees (who are also Directors of JUSB Ltd)
Roger Brighton
Michael Deve5
David Charles Hullah (Chair)
Stuart Andrew Lancaster
Rebecca Emily Hedges (resigned 21 Ottober 2024) Helen Louise Oakes (resigned 5 April 2024)
Project Manager:
Ned Mcwhirter (until 3 August 2023)
Tina Jalloh (from 10 Ottober 2023 to 8 March 2024)
Registered Charity Number: 1099401
Company Registration Number: 04867114
Prlncipal AddresslRegistered Offi￿.
Bankers:
51 College Road
Bromley
BRI 3PU
Barclays Bank
Leicester
LS87 2BB
Amended 17 September 2024 to:
92 Madeira Avenue
Bromley
BRI 4AS
Independent Examlner:
Anne Clements M.A. (Oxon)
52 Ravensbourne Avenue
Bromley
BR2 OBP
Contents
Page
Trustees, Report
Page 4 - Financial Review
Page 4 - Public benefit
Page 5 - Risk Management
Page 5 - Employment
Page 5 - Strutture, Governance and Management
Independent Examiner's report to the Trustees of JUSB Limited
Statement of financial activities for the year ended 31 March 2024
io
lance sheet as at 31 March 2024
11-16 Notes to the accounts

Trustees. Report
These 12 months proved exceptionally difficult for JUSB in being able to generate the reqUI￿d funds to
undertake its activities. As mentioned in the previous year's Report, a "Save JUSB" campaign commenced
in March 2023 with the objertive of raising a minimum £75,000 by the end of June to cover 6 months of
expenditure, to allow time for other fundraising attivities and grant applications to come to fruition. In
the event, due to some very generous donations from our supporters, just over £83,000 was generated
through this campaign (of which almost £80,000 is recognised in the income shown for this financial
year).
Given the financial uncertainty it was necessary to issue statutory redundancy notices to all staff in May
2023 although as the situation gradually improved through the "Save JUSB" campaign it was possible,
with the consent of the staff, to withdraw these notices. However, our then Project Manager, Ned
Mcwhirter, decided that after 15 years with JUSB the time was right for him to move on and accept the
redundancy offer. We were very sad to see Ned go in July 2023, but greatly appreciative of his huge
contribution to JUSB over the years.
After adve￿sIng for a new Projett Manager we appointed the then senior Youth Worker, Tina Jalloh, to
the position in October.
Against the backdrop of this financial uncertainty, attivities with the young people continued in similar
fashion to ￿cent years.
Unfortunately, despite our best efforts, fundraising activities did not produce the desired monies and in
December it was once again necessary to issue statutory redundancy notices to staff, effective as at 8
March 2024. The young people enjoyed a final, celebratory event on l March, performing musical and
other artistic attivities, accompanied by food, effecbvely drawing to a close the youth attivities of JUSB
after 20 years of existence.
The financial problems experienced during the year were not helped by the artlons of Barclays Bank
which, as part of an exercise to update its Know Your Customer records, duly lost documentstion which
was sent to it, causing a huge amount of JusB's staff time to be devoted in responding. Ultimately,
Barclays closed the JUSB bank accounts at the end of Ortober 2023 although when questioned about
this the following day conceded that an error had been made. However, it still took until almost the end
of November for the bank accounts to be reactivated, with a derisory offer of compensation made.
When the matter was not addressed to the satisfaction of the trustees, a formal complaint was made to
the Banking Ombudsman, After a lengthy process the Ornbudsman found in favour of JUSB although the
period of time taken, together with the relatively minimal compensation which was approved (£935,
received in October 2024) compared to the hours spent on the bank's original and spurious demands,
meant that JusB's continued existence could not be perpetuated.
Following the redundancy of the staff on 8 March 2024 the trustees commenced the process of winding
down the charity. this was still in progress as at the end of the financial year.

Financial Review
Income received was £96,932 compared with £81,754 in the previous year (albeit down from £150,417 In
the year 2021122). The bulk (£79,968) of this income reflected the results of the"Save JUSB" campaign
as no formal grants were secured.
Overall, a deficit of £64,103 (2022123: deficit of £44,992) was inCu￿ed in the year.
The Trustees would like to acknowledge the support and assIStan￿ that JUSB received from all their
supporters. Donors included,.
Bromley &ptist Church
Bromley Parish church (St Peter & St Paul)
Jack Petchey Foundation
Judge and Priesdey
Pamela Champion Foundation
St Mary's Church, Shortlands
Trinity Bromley United Reformed Church
Wax Chandlers
And many individuals.
Reserves policy
The trustee5 have previously aimed to maintsin unrestrirted fvnds at a level which allowed the charity to
operate in the event of unforeseen circumstances, especially as the amounts and timings of grant
Income were often unpredirtable and varied. This translated into a policy of trying to maintain
unrestritted reserves sufficient to cover 6 months of unrestricted expenditure, plus an additional
£35,000 which was deemed sufficient to ernSU￿ that, in the event of shutdown, JUSB had the means to
ttle all its outstanding liabilities.
The above policy has proven to have been the correct Strategy. As at 31 March 2024 total reserves stood
at £20,460 (being entirely net cur￿rnt a55ets and comprising solely unrestricted funds), which, having
already made redundancy payments to staff, will permit the trustees to wind down the charity in a smooth
fashion, leaving a residual amount which will be distributed to local charities over forthcoming months.
Public Benefit
The Trustees confirm that they refe￿ed to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the charity's aims and objectives and in planning future
activities.
Cutbacks made by the London Borough of Bromley C'LBB,? Youth Service meant that only those Services
which were a ststutory requirement were being provided by the Council, namely those targeting young
people with particular needs. This meant that there was an even greater need for voluntary groups like
JUSB to provide generic youth groups which are no longer provided by the local Council. There are no
other services for young people in the area where JUSB was located. This is in a locality where families
broadly cope but where there are few or no resources to provide young people with stimulation and
developmental opportunities beyond those available at school or expensive leisure artivities. It is not
insignificant that, again this year, we continued to get referrals from the statutory sector as it struggled
to meet targets.
Unfortunately, however, despite engaging the support of the local councillors, it was not possible to derive
any wider assistance from LBB to forestall the closure of JUSB.
All of our projects were created in consultation with and in direct response to young people's stated needs
and wishes for specific forms of provision. Furthermore, all our work was based around the principles of

"Help Children Achieve More" (the Govemrnenys strategy for children and young people). JUSB worted
with and provided seNices to other agencies such as Bromley Changes Young People's Drug and Alcohol
SeNices, Bromley Y, CAMHS, Social Services, the Jack Petchey Foundation and local school5.
Risk Management
Control systems
JusB's Trustees had the overall responsibility for ensuring that there were appropriate control systems,
financial and othe￿iSe, which provided reasonable assurance of.,
efficient and effective operation;
protertion against unauthorised use or disposition of assets.
maintenance of pmper records with the provision of reliable financial information.
compliance with relevant legislation and regulation.
Risk Factors
The Trustees considered that risk fell into overall areas - finance and infrastrurture (income,
expenditure, buildings, equipment, ICT and security), and personnel and operational issues (youth work,
cruitment, trainingi health and safety, management systems, employment issues, child protection and
confidentiality).
The Trustees mitigated the finance and infrastructure risks by:
ensuring there was no over-reliance on any one funding source or fixed term income.
ensuring systems existed to combat the threat of computer viruses and loss of information;
ensuring appropriate insurances were in place for buildings and staff.
The Trustees mitigated the personnel and operational risks by:
maintaining appropriate insurance;
having appropriate policies and training to cover employment and health and safety legislation, and
child protection and confidentiality - all staff were required to be familiar with these policies,.
ensuring that JUSB 'benchmarked' its artivities by reference to external measures, e.g. Quality Mark
and other standards.
We are able to ￿port that there were no serious incidents this year.
Employment
The Trustees are grateful to the staff and volunteers who worked for JUSB. The success of the Charity
relied on their expertise and energy.
The Charity was committed to a policy of equal opportunity in its employment practices. It was the
Charity's policy to offer equal opportunity to persons applying for vacancies from all sections of the
community, regardless of race, colour, ethnic or national origin, maritsl status, age, gender, sexual
orientation, disability or religious beliefs and having regard to their aptitudes and abilities in relation to the
positions for which they applied. Appropriate training and implementation of best practice was used to
ensure we did not discriminate in making employment decisions.
JUSB continued to pay at least the London Living Wage (as set by the Living Wage Foundation) to all staff.
Structure, Governance and Management
JUSB is registered with the Charity Commission and was incorporated as a company limited by guarantee
on 14 August 2003. It is governed by a Memorandum of Association and Articles of Ass(Kiation which
include guidance on how Trustees are appointed. The Charity's objects are to advance the education of
young people in and around the Bromley North area through leisure time and educational activities, so as
to develop their physical, mentsl and spiritual capacities that they may grow to ftjll maturity as individuals

and members of society and that their conditions of life may be improved. JUSB has a Christian foundation
that is expressed appropriately before trustee and staff meetings, at an annual public meetingi and by a
pastoral sUPPOrt tearn. JusB's services were for all young people in the community.
The Board of Trustees is responsible for the management of the Charity, with operational control delegated
to the Projert Manager who attended the Board meetings. The Trustees reviewed finance and fundraising,
planning and human ￿sOurceS at each trustee meeting.
Trustees and their responsibilities
The Trustees, who are Direttors for the purpose of company law, who served during the year, were.,
Michael Deves
Stuart Andrew Lancaster
Roger Lloyd Brighton
David Charles Hullah
Helen Louise Oakes
Rebecca Emily Hedges
On 5 April 2024 Helen Oakes tendered her resignation due to increased work pressures and other
commitments; for Similar reasons Rebecca Hedges also tendered her resignation on 21 Ottober 2024.
The remaining trustees are hugely appreciative of the time and expertise which Helen and Rebecca
brought to the charity and wish them each all the very best for the future.
The Trustees brought a wide range of professional and voluntsry experience, including youth work,
health and safety, finance, HR, management and voluntary activities. From time to time the Trustees
considered the mix of skills and experiences represented amongst them and, when appropriate, actively
sought suitable individuals to meet identified needs.
None of the Trustees has any beneficial interest in the Charity. All of the Trustees are members of the
Charity and guarantee to contribute £10 each, if required, in the event of a winding up. The Trustees
receive no remuneration or fees for their services.
Company law requires the Trustees to prepare financial statements for each financial year which give a
true and fair view of the state of the affairs of the charitable company as at the balance sheet date and
of its incoming reSoUr￿S and application of resources, including income and expenditure, for the
financial year. In preparing those financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP (Statement of Recommended Prattl￿).
make judgements and estimates that are reasonable and prudent.
state whether applicable United Kingdom Accounting Standards have been followed, subjert to any
material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless It is inappropriate to assume
that the charitsble company will continue in operation.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charitable company and which enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets and hence for tsking reasonable steps for the prevention and detection of fraud
and other irregularities.
This report has been prepared in accordance with the special provisions for small companies under Part
XV of the Companies Att 2006.
Trustees, confirmation
Each of the Trustees (who are also the directors ft)r the purpose of company law) who held office at the

date of approval of these accounts has confirmed that there is no relevant information of which they are
aware but of which the Independent Examiner is unaware, and that they have taken all the appropriate
steps that they ought to have tsken as Trustees in order to make themselves aware of any relevant
information and to establlsh that the Charity's Independent Examiner is awa￿ of that infomiation.
Independent Examiner
The Independent Examiner, Anne Clements has previously indicated she may be able to continue in office,
but if not, the trustees had intended appointing another suitsble person to carry out the next independent
examination. However, income which will be reported in the next financial year is likely to fall below the
threshold for requiring an independent examination.
David Hullah
Chair
30 November 2024

Independent Examinerfs report to the trustees of JUSB Limited
I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages
12 to 19.
Respective responsibilities of trustees and examiner
The trustees (who are also directors of the company for the purposes of company law) are responsible
for the preparation of the accounts.
The trustees consider that an audit is not required for this year under section I+F(2) of the Charities Act
2011 (the 2011 Aci) and that an independent examination is needed.
Having satisfied myself that the charity is not Subject to audit under company law and is eligible for
independent examination, it Is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
follow the procedure5 laid down in the general Directions given by the Charity Commission under
section 145(5)(b} of the 2011 Att; and
State whether particular rnatters have come to my attention.
Basis of independent examiner's ￿port
My examination was carried out in accordance with the General Dirertions given by the Charity
Commission. 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 conceming any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given a5 to whether the accounts present a 'true and fair vieW and the
report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(l) which gives me reasonable cause to believe that in any material respert the ￿qUIrements..
to keep accounting records in accordance with section 386 of the Companies Art 2006;
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of sertion 396 of the Companies Art 2006 and with the methods and principles of
the Ststement of Recommended Practice: Accounting and Reporbng by Charities (FRS 102)
have not been met.. or
(2) to which, in my opinion, attention should be drawn in order to enable z proper understanding of
the accounts to be reached.
Anne Clements M.A, (Oxon)
52 Ravensbourne Avenue
Bromley
BR2 OBP
Date: 10 October 2024

JUSB Limlted
Company Registration Number: 04867114
ststement of Financial Activities for the year ended 31 March 2024
2024
Unrestricted Restricted
funds
funds
2023
Unrestricted Restricted
funds
funds
Totsl
Total
Note
Income
Income from
charitable
acbvities
Donations and
legacies
Other trading
attivities
Investment
income
Totsl income
6,000
1,500
7,500
20,100
15,800 35,900
82,682
82,682
42,974
42,974
6,383
6,383
2,768
2,768
367
367
112
112
95,432
1,500
96,932
65,954
15,800 81,754
Expenditure
Raising funds
Charitable
activities
Total
expenditure
5,811
152,975
5,811
2,249 155,224
2,393
107,635
2,393
16,718 124,353
158,786
2,249 161,035
110,028
16,718 126,746
Net income
(expenditure)
(63,354)
(749) (64,103) (44,074)
(918) (4,992)
Transfers
be￿een funds
Net
movement in
funds
ToLIl funds
brought
forward
Total funds
carried
forward
83,814
749
84,563
127,888
1,667 129,555
20,460
20,460
83,814
749 84,563
The Charity has no recognised gains and losses other than those shown above and therefore no separate
statement of total recognised gains and losses has been presented. There is no difference between the
net movement in funds stated below and their historical cost equivalent.

JUSB Limited
Company Registration Number: 04867114
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
li
159
Current assets
Debtors
Cash at bank and in hand
Total current assets
12
688
2,998
20,852
85,176
Credltors- amounts falling due within one
year
13
392
772
Net current assets
20,460
84,404
Net assets
Funds
Restricted fund5
Unrestricted funds
15
749
83,814
20,460
Total funds
84,563
For the year ending 31 March 2024 the company was entitled to exemption from audit under section
477 of the Companies Att 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtsin an audit of its accounts for the year in
question in accordance with section 476,
The directors acknowledge their responsibilities for complying with the requirements of the Att
with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordan￿ with the provisions applicable to companies subject
to the small companies, regime.
The accounts on pages 9-16 were approved by the Board on 5th December 2024 and We￿ signed on its
behalf by:
Stuart Andrew Lancaster
Trustee
io

JUSB Limited
Company Registration Number: 04867114
Notes to the JUSB accounts for the year ended 31 March 2024
Accounting policies
Basls of preparation
The financial statements are prepared under the historical cost convention and in accordance with the
Companies Act 2006, The accounts are also prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice (Charitie5 SORP) applicable to charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK ano Republic of Ireland
(FRS 102), effective l January 2015.
The detailed accounting policies are set out below.
Income
Donations and other fomis of voluntary income are recognised as income when receivable. Assets donated
to the Charity are recognised upon receipt and included in the accounts at estimated market value.
Income tax recoverable in relation to donations received under Gift Aid is ￿CogniSed at the time of the
donation.
Grants receivable are included in the accounts on an accruals basis. Any balance of income received for
specific purposes and not utilised is included in restritted funds as detailed on the balance sheet.
Income from service level ag￿ements where related to performance and specific deliverables, and project
income is recognised as earned as the seNices are provided.
Inte￿$t income is included in the accounts as received.
Expenses
All expenses are accounted for on an accruals basis and the irrecoverablo element of VAT is included in
the expense to which it relates.
Employee entitlements and pensions
Employee entitlements to salaries and wages, annual leave and other benefits a￿ ￿COgnised when they
accrue to employees.
Until November 2016, lusB's pension policy was that employ￿5 who have been with the Charity for six
months are entitled to a level of matched funding to each individual employee's nominated approved
personal defined contribution pension scheme or personal defined contribution pension scheme with the
Charity's nominated stakeholder pension provider (Virgin Money). In November 2016 a new scheme was
set up with NEsf Pensions to meet the requirements of automatic enrolment. Contributions are recognised
when they accrue.
The cost of contributions in the year amounted to £3,486 (2022123.. £3,394), being 50/0 of eligible
pensionable salary for staff in the scheme. There were no outstanding contribution5 (2022123: £ 0) at the
year end.
li

Operating leases
Leases in which a significant portlon of the risk and rewards of ownership are retsined by the lessor are
classified as operating leases. Rental payments made under operating leases are charged on a straight
line basis over the term of the lease.
Taxation
The Charity is a registered charity and accordingly exempt from taxation on its charitable activities which
fall within the scope of section 505(1) of the Taxes Act 1988 and section 256 of the Taxation of Chargeable
Gains Act 1992.
Tangible fixed assets and depreciation
The lower limit for depreciation is a purchase cost of £500 and all items are depreciated over three years
on a straight-line basis. All tangible fixed assets less than £500 were expensed to the income and
expenditure account,
Tangible fixed assets are stated at cost less depreciation. The cost of acquired tangible fixed assets is the
value of the consideration given to acquire the assets and the value of other dirertly attributsble costs
which have been incurred in bringing the assets to the location and condition necessary ft)r their intended
service. Assets donated to the Chartty are recognised upon receipt and included in the accounts at
estimated market value.
Stocks
Stocks are ststed at the lower of cost and net realisable value. Provision 15 made where necessary for
obsolete or defective st(￿kS.
Debtors
Debtors are carried at estimated realisable value after providing against debts where collertion is doubtful.
Restricted funds
Restricted funds are subject to specific conditions by donors/grant making bodies as to how they may be
used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
Related party transactions
There were no related paty transattions during the year.
Incoming ￿sOUrceS from charitable activities
2024
2023
Grant income
Service level agreements
Other
7,500
35,900
12

Voluntary income
2024
2023
other donationslawards
82,682
42,974
42,974
Investment income
Investment income arises from interest bearing business savings accounts.
Total resources expended
2024
2023
Staff costs Depreciation Other Costs
Total
Totsl
Expenditure on raising
funds
Provision of youth work
(includes ststutory
redundancy costs, see
Note 10)
5,811
5,811
2,393
113,401
159
41,664
155,224
124,353
113 401
159
161 035
126 746
G0Veman￿ costs of £770 (2022123: £720) are included within support costs in accordance with the
Charities SORP (FRS 102). Governance costs are an estimate of the staff costs of producing annual
accounts. No other governance costs are incurred as all such activities were provided on a voluntary basis.
Support costs
All support costs are allocated to the Charity's charitsble activities. Support activities for costs of generating
funds (both voluntary income and fundraising) and governance costs are provided on a voluntsry basis.
Net movement in funds before transfers
Net movement in funds before transfers is stated after charging / (crediting):
2024
2023
-operating lease: Premises rentsl
-De
reciation of tan
ible fixed assets
12,000
159
12,000
174
13

Trustees. emoluments and donations
None of the Trustees received any remuneration or benefits from the Charity during the year. No
expenses were reimbursed to any Trustees. Donations from Trustees amounted to £lOO.
10 Staff costs
The average monthly number of employees during the year was:
2024
2023
FfE
Management and administrationlsupport
Youth work team
Note that thi5 has been applied on a 'full time equivaleny (FfE) basis so as to ensL¢re comparison is
possible as JUSB employs part-time stsff.
The average monthly headcount was 5 staff (2022123: 5 staff).
The aggregate payroll costs were..
2024
2023
Wages and salaries
Social security costs (see note below)
Pension costs (Note l)
Statutory redundancy pay
83,305
79,910
13
3,486
3,682
26,414
113 401
No employee received in excess of £60,000 from the Charity.
Social security costs (£4,916) are shown net of the NICS Employment allowance of £5,000 (22123: £5,000).
14

11 Tangible fixed assets
OITio &
Leasehold Fixture &
computer
Cent
improvements
fittings equipment equipment
Total
Cost
At l April 2023
Additions
Dis
osals
At 31 March 2024
42,563
149
6,478
37,174
86,364
42,563
149
6,478
37,174
86,364
Accumulated depreciation
At l April 2Q23
Charge for the year
Dis
osals
At 31 March 2024
42,563
149
6,319
159
37,174
86,205
159
149
37 174 86 364
Net book amount
At 31 March 2024
Net book amount
At 31 March 2023
12 Debtors
2024
2023
Gift aid tax recoverable
p￿paYMents and accrued income
Other debtors
114
2,884
688
2,998
13 Creditors - amounts falling due within one year
2024
2023
Deferred income
Accruals
other Creditors
600
172
392
392
772
Deferred income at 31 March 2023 comprised grants received in advance for work in the next financial
year from the Jack Petchey Foundation.
15

14 Share capital
JUSB has no share capital being a company limited by guafftntee. The Trustees will contribute a maximum
of £10 each in the event of liquidation.
15 Restricted funds
As at I Incoming Resour
April
resource$
expended Transfers
2023
Asat31
March
2024
Jack Petchey Awards scheme
749
1,500
2,249
749
1,500
Restricted funds received/used during the year were for the following purposes:
Jack Petchey Awards scheme: Jack Petchey Foundation Awards for young people.
Restricted fund balances at 31 March 2024 were £0,
16 Operating lease commitments
At 31 March 2024 the Charity had annual commitments under operating leases as follow5.'
Land & Buildings
2024
2023
irin
in one
ear
The lease on the premises expired on 31 March 2013. Although discussions have been held with the
landlord with a view to negotiating a formal extension, the landlord prefers to leave matters on an
infomal basis. The trustees have received legal opinion which suggests that JUSB continues to benefit
from a good degree of *curity of tenure and are prepared to leave matters on the present footing.
16