Charity registration number 1130719 Company registration ftumb•r 06826136 (England and Wales) THE JEWISH VOLUNTEERING NETWORK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE JEWISH VOLUNTEERING NETWORK LEGALAND ADMINISTRATIVE INFORMATION President Rosalind Preston Trustees Joanne Coleman Karen Cooper Richard Werth Daniel LÈVY Eli Gavenla Clive Nathan Max Sobell Debra Moirfs (Appointed 19 Juty 20231 (Appointed 19 Juty 20231 (Appointed 19 Juty 20231 (Appointed 4 July 20241 Charity numbèr 1130719 Company number 06826136 RegiBtered offl¢• Schallèr House Wohl Campu5 44AAlbert Road London NW4 2SJ Chief ECutIV Nicky Goldman Bank Unlty Trust Bank PO Box 7193 Plane18ry Road Willenhall WV1 9DG Ind8P•rtd•rt •xamlner Blinkhorns 27 Mortimer Street London W1T3BL
THE JEWISH VOLUNTEERING NETWORK CONTENTS Pag• Trustees. Report report Independent examinels report St8tèment of finanaal activities 10 Balance sheet 11 Notes to the finaniial statements 12-20
THE JEWISH VOLUNTEERING NETWORK TRUSTEES, REPORT REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Tha trustaas, who are also directors of th8 organisalion for the purposes of the CompaniesAct. psent their annual report and financial statements for the year ended 31 March 2024. The financial stslements have been prepared in 8cctrrdance with the accounting policies set out in note 1 to the financial statements and cornply with the ch8rfly's Memorandum of Association, tha Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finanryal Reporting Standard applicable in tha UK and Republic of Ireland IFRS 1021" (as amended for accounting periods commencing from l January 20161. STRUCTURE, GOVERIIANCE AND MANAGEMENT CONSTITUTION Th& charity is registered as a charitable ts)mpany limited by guarantee and was set up by a Memorandum of Association on 20 February 2009. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management of the charity 15 the SponSIbl11tY of the trustees who a appointed and co-opted under the terms of the Articles of Association. New trustees a proposed followng a transparent, sknlls-based recruitrnenl pwess 8nd approved by trustee8 at bo8rd maetings. ¢. RISK PIANAGEMENT The major risks relating lo the business ale identified by the executive le8m and board of trustees and assessed on a regular basis. Spècific focus is placed on Ih05e risks rèlating to operations. finances and cash flows of the Charity. The trustaas are of the opinion that maintaining reserves al a reasonable level. combined with regular rewews of Controls over key financial systems, has provided JVN sufficient resources in the event of adverse conditsons and enable JVN lo continue ils operations. The trustees have also regulady considered other business risks faced by JVN and have endeavoured to impTove ils operating systerns to reduce these risks. The Iruslees are Satisfied th* the organisalion h8s adequate systems and proceduies in place lo mitigate major risks. d. TRUSTEE TIIAINING AND INDUCTION New trustees undergo orientation to brief them on.. their legal obligations under charity and ¢omp3ny law, the Charity Comrnissitsn guidance on public benefit, and infom them of the content of the Memorandum and Artides of ASSOall0n, the committee and deci5ion-making prOsSes, the business plan and rent financial performan¢e of thè charity. During the induction thèy meet key employees and other trustees. Trustees are encouraged lo 8tt8nd appropriate external training èvènts where these will facililale the undertaking of their role. e. ORGANISATION The board of Iruslees administers the charily and rneels regularly. A Chief Executive is appointed by the trustees to manag& the day-lo-day operation5 Of thè charity. To facililale effective opèrations, the chef Executive has delegale¢J authority, within terms of delegation approved by the trustees, for operational matters.
THE JEWISH VOLUNTEERING NETWORK TRUSTEES. REPORT REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Obl•ctlv8s and activities a. POLICIES AND OBJECTIVES The prinapal obje¢t of the charity is to promote the voluntary sedor for the benefit of the pUbC by promoting volunteering within that sector. in particular within the Jewish communty in the UK. Thè policies and objectives are c105ety tied with the principal object of the charity deSbed above. In 5ettrng objective5 and planning for activities, the trustees have given due consideration to general guidance published by the Chadty Commission reLgting to public benefiL b. ACTMTIES FOR ACHIEVING OBJECTIVES JVN believes that volunteering changes people'5 lives. communities and society and that everyone can be inspired to do it. To tnake this happen, weconnect volunteer5 and support charities. We bring volunteers andcharitieslogelher 8nd support them. to give more lo the Jewish community and wider charity sector. We seek lo ensuro that every person is empowered and en¢ouragÉd to volunteer, enhancing the fabric of the cha¥ity sector and thè local, Jewish. and extended communities. JVN'S strategic objectwe5 a to". Connect volunteers to volunte&ring opportunities Partner with charities to enable them lo support their volunteers in the optimal way 3. Promote volunteèring in the Jewish community and wider ¢harily sector 4. Develr)p JVN to enable us lo delivei our purpose and vision JVN is the year-round spa¢& in thè Jewish community, whic* offeTS polentl81 voluntèers a dThi&rse range of volunteering opportunitie5 across the Jewish community and the wider charity sedor. We provide ¢h8rities wrth connections to a wder pool of volunteers than thay can access thernselve5, as well as giving $upport to Volunteer Managers. Public benefit The trusteès have paid due regard to guidAncè Issuèd by the Charity Commission in de¢idin9 what 8Ctivit18S the charity should undertake.
THE JEWISH VOLUNTEERING NETWORK TRUSTEES. REPORT REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and perfomiance The past yèar has been a tale of Iwo halves. From April to Sèptember, the numbers of people registering and applying for regular volunteering was going down, reflecting the experien in the wider voluntary sector. This was dug to many factors induding the p8nd8mic breaking volunteering habits wilh people hawng other interests in their lives. The cx)st-of-liwng crisis also had an irvp8ct, meaning that rnore people are working longer, grandparents and parents, meaning both have less available time due to childcare. As a result, JVN pivoted and started to run monthly drop ins out in the community in Golders Green to try to reach out to more prospeth've volunteers. as well a3 choosing several new locations for the pop ups run during Volunlegrs, Week in June, whith h8d some effecl. From October 71h, the trajectory cth3nged with the tragic events in Israel and the unprecedented rise in anlisemrtism, many people came forward lo volunteer for charities supporting Israèl. in the UK Jewish MmUnity and in th8 widér charity secior, which is important to build bridges. As a result, th& 10OA increase on targets on the prévious year were mel, except for applications as sel out below. These results confimi JVN ha5.. Conne¢ted charities within our nefvlork with volunteers, enabling them lo further deliver on their aims and objeclivtrs. Continued to delwer and support to our charity partners. Worked with our charity partners to develop projects. which fisrther enhanced both of our repUtaonS and growth. What JVN has brought to the cornrnunty this year. Growth in th8 number of people entering volunt&r rtsles that match their inleresls. More young adults volunteering through JVN Connect, a bespoke progiamrne foT Young Adults More volunteers celebrated through the JVN Honouring Volunteers Awards event 2023 More volunteer managers trained, and more CEOS infomied through two JVN Conferences Growth and development of Volunteer Managers through training sessions and fora and for Trustees (the latter with LeadlJLC} Piojects with charity partners enablad which help lo build both their reputation and JVN'S. Communty engagement took place 14 limes at pop entS at café5. Moishe Housè, Jewish Soc4eties at ¢orptsratès.
THE JEWISH VOLUNTEERING NETWORK TRUSTEES, REPORT REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 In this year, April 2023- March 2024 we achieved our tsbjectives in the following ways.. Connecting Volunteer¥ to Charltl•s The 10Qh increase on targets on the previous year were met. except for applicalion5 and ongoing placements. This outcome demonstrates JVN ha5 continued to enable people to volunteer for charities and for charities to grow ov the last year. The notable growth is also in ad hoc placemènts, demonstrating that people are more willing to volunteer flexibly than to volunteer regularfy on an ongoing basis. KPIS for growlng volunts•r . Last year Is year Tj.. arget 1$ year ctual ¢tual v$ connections ctual arget Opportunity Wièws 101,979 112,000 151,066 35Y. Volunteer R•glstratlons 74 00 52 38% Applications 990 1,000 16 8Q/D onOing Placements 60 00 Ad-hoc Placements 107 120 15 +79% Website Development Our website is the portal through which people find volunteering opportunities. Over this year we were ft>rtunate lo ie¢eive a specific granl lo refresh our website in threè phasès in memory of our previou5 Chair, David Lazaru5. The fir51 phase was to improve the website lo be more modern and user-friendly to rnake it easier for'volunteers to search for and apply to opportunities that match their sknlls and location. Overall, this has been achieved with a fresh look and féèl for the website and a simplified prOsS for findirbg and applying for volunteer opportunities. Key improvements include: Streamlined se8ich filters to make it easier to find the right opportunrties. You can browse se8r¢h rÈsLJlts withoul losing your place in the prO5s. The website works better on mobile deVIS for searching, reviewing, apptying, and ¢onlaeting. Added an on bar to quickly adjust filtets and navate wrthout much scrolling. Easier to contact charities and apply for opportLJnilies with fewer steps. Foeus on Young Adults: JVN Conrte¢L a bÈ$pokè proyrdmme for Young Adults Reeognising that engaging young adults in volunteering is a key need of every ¢h8ri1y to se¢urg thfyir future, JVN ran a pilot young adu115' volunleeiing programme in 2021, wlh 10 participants volunteèring at 3 organisations. Learning from the pilot, we sreated JVN Connect to enable young adults in the community to discover th8 pow8r of volunteering and èngage more young adutts in volunl&8rin9. The programme launched in September 2023 10 50 participants. From the inrt131 interest. 20 participants committed to the programme of 3 volunteering opportunities, few swal events and commitment to a volunteering project. From Septernber to December 2023, people colleded hygiene products for a homeless shelter svpported by Goods for Good and ¢rèalèd cards for patien15 al the Roy81 Frèè Hospital and donations for Hackney Food Bank with Moishe Houses in London. Our inaugural hort of JVN Connect volunteers ran from December 2023 to November 2024. Partiupants shaped the programme via a survey of interest, ensuring it reflected the causes they wanted lo support. This unique element allowed us lo create purptsse-buili collaboTalions, with volunteers m8king signtficant contribution5 across community projects and beyond. The cohort wrapped over 200 presents to go lo disadvantsgtsd local children who during the festive $83s0n, in partnership wilh the Young Bamel Foundation. They cooked over 100 dishes using surplus food for the shètters supported by FEAST With Us, making a difference lo those tscing food poverty and reduang food w8$1è. They ¢xeated 250 food parcels to go lo those in nÉéd in the community at GIFTS Hendon hub. The cohort continued to make a first-hand impact by volunteering in ad hoc volunteering ioles and supporting the creation of a youn9 professionals WhatsApp group to Connect thèir paers to sultable opportunitl8S.
THE JEWISH VOLUNTEERING NETWORK TRUSTEES. REPORT REPORT (INCLUDING DIRECTORS, REPORT} (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 2. Supporting Charitiès with th•lr Volunteer Management The JVN Team offer support and adw¢e lo Volunleers Manager5 for chaiilies in our network. We also offer training for Volunteer Manager5 and conferences foi Vtslunteer Managers and GEOS. Two Volunteer Management Conferences were held during this year.. Engaging the Next Generation in Volunteering (May 20231 On Thur5d8y, May 1111 2023, JVN welcomed 85 guest5 in person and 7 online from 45 charities for the 2023 annual onference. There were 30 Jewish charities and 15 wider sgclor eharities participating. The keynot8 spèakar was Alex Athèrton ofAth&rton Consulting who spoke about 'An ovemew ol understanding and benefits of working with Gen Z,. Dr Rei Kanemura, researd), and insight m8nag¢i * NCVO discussed initial findings from thè 'Time Well Spent report, which was released later the year. Partiapants attended Workshops on 'How tech can hglp attract an¢J engage your volunleer5' led by Mushka Cohen- Gluck, Volunteero, 'Social media and its irfuence on the next generation ol volunteers, led by 118na Gen, social media strateglst at Bom Soaal, 'The importance of inclusion for the next generation, led by Joe Hyman, dire¢tor of Innovation and engagement at Limmud, 'Crealing and engaging in project-based volunteering, led by Dani811è Jeffties, next generth'on programme cotsrdinator at The Fed, Manchester. The conference was a great success with feedback from attèndèès extremely positive.. 'Engang the younger neratiOn Is difficult but conferences like the JVN Engaglng th8 Next Generation into Volunteering, helps communalpllifessitsnèls engage with and bring in the youngern8Xt genèration.. SR, partiapanl "A gat conference prowding a plaifomi for volunlg917sm not only to be discussed but how as individuals and OaniSatiOnS can play a key role in giving back- to achieve a hannonious society." SN, p8ttiGipant "It was fantastic lo meet other volunteer leaders from acmss the sector and leam more 8boul how we can ensu the legacy of volunteering by engaging with Gen Z volunteets and the wdercommunity.. SM Further lo these 8¢tions as a direct result of our Conference.. One charity implemented a 25- 50- and 101>hours recognrtion scheme with thank you gifts and certificates. Another refle¢ted on the importance ol onboarding and joined a new platfomi to look lo altract the next generation of volunteers. Another charity has reviewed the languagg used in their 'Spotlight on Volunteering, so il is morè appèaling for Gen Z. A faith volunteer service was prompted to begin a 'listening exercise, focused on ytsuth volunteering and the barrierslmolivalions they have towards it. Thè rèsults of this exercise were then adapted. JVN used the knowledge gained from the presenters and participants lo help sh8p& the JVN Connect offering. Str•ngth In Unlty: Bullding a Volunteer Culture (March 20241 In March 2Q24, we welcomed 72 CEOS and Volunteer Managers from 44 charities. with 5 ¢h8rrtlès online. There were 29 Jewish tharities and 15 from wider charity sector. The Right Honourable Stuart Andrew MP opened the conference and Dr Allison Smrth, Head of Research & Insight at the Royal Voluntary Setwice & Dominic Pinkney, CEO al HFVG Gitsup & Gamden Voluntèer Centre, shared Observatn5 on how lo adapt to increase volunteer involvement. Partiapanls joined workshops on skn'lls-based volunteering with Diana Squires of Pilouighl, impact rneasurement with Brain Channer from the Black Policy Institute, involving volunteers with disabilities with George Fielding of Volunteering Matters and effective communication with Kiisly Marrins. Positive feedback was receTved on the conference. As a resu of the Conference. w8 know Ihal.. One charily has contacted Pilollighl lo leam rf they are eligible for one of their sthemes. A workshop presenter has been asked lo speak al a ytsuth organisation's summer camp. JVN has been contaded by one of the presenting organisations to support them developing future EDI training.
THE JEWISH VOLUNTEERING NETWORK TRUSTEES, REPORT REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Participants and PrèsÈnt&rs' Feedback "Thank you so much to the team for yestèftlays wonderful morning of ènlAghtenmenl and unity. I was d8ltighted to relum lo the office WAth some great new ideas and thoughts for my organisatAon. One common thread which was a oy to see. was all fhe participants'passion for Ihfj ¢hanty/owanisation they work within and for nurturing and CalFng forth8ir volunteers". LG. participant l just Want ts say thank you for8 great conference yestertlay and w911 done on all the h8rd wort that went into rf. KM, presentei Training Sèsslons and Forum$ for Voluntoer manage and Trustees (with LeadlJLCI lo gn)w and develop Over the year we ran 6 Volunteer Manager fora for Volunteer Managers to learn and support each other, a 4-part online Good Piactice in Volunteer Management course for partlClP8nts around the UK, 2 training sessions for 25 volunteers for major cornmunal events and 3 bespoke training sessions for volunteer managers. For trustees, with Lead 8t the Jewish Leadership Council. we ran 6 sessions of a trustees, development programme and the annual Jewish Cotnmunity Trustees, Conlerence #i London and Manchester for 120 particip8nls. In 81. 246 attendees participated in the sessions. 3. Promoting Volunt••ring and Recognising Volunteers In"order lo engage Mth more prospective volunteers, we went out into the community 14 limes over the year al pop events at cafés, Moishe Houses and Jewish Societies at corporale5. This year's JVN Honourtng Volunteers Awards were held in January 2024 8gainst a backdrop of the war in Isiael and Gaza and unprecedented antisemitism acr055 the wodd. Bringing 380 people logather to lebrate people giving to others was a heart-warming axperience for all in the loom and online. 89 volunteers and teams acTOSS 37 different char.eS were celebrated in four Awards categories - Volunteer of the Year, Volunteer Team of the Year. Young AduYI Volunteer of the Year and fetime Achievement winner. This year a new Special Recognition Award went to the volunteers Of the Community SecuTty Trust ICST) for keeping the Jewish community $8fe. Representing JVN In the Jewish ¢on¥nunlty and wider charity soctoi JVN continued lo participate in the n81ional, local and Jewish $gCtor conversations, especially those for volunteering.. JLC CEOS group, Board of Deputies CEO Forum Bamel CEOS Reference Group, London Volunteering Steering Group. Civil Soryety Group ICSGI. CSG anli-racism and EDI group Shaping thè Future of Volunteering, which brings together the major players in volunteering.. htt rv5future both in Chief ExetsJtive Heads of Volunteering capacities. TreÈ planting by Faiths Forum for London in memory of Leonie Lewis z'l (DMber- Clapton Commonl Inveslec Chanukah celebration (December- City) 8ushey Synagogue Challah Bakè lJanuary- Busheyl The Big Help Out launch (January- West End} JPR study'vvho we are? Launch IFebiuary- JW31 Conclusion Given the challenges post October 71h the silvèr lining for the Jewish eommunity wa5 the incrèase in people wanting lo give to others, demonstrated by the growth of numbers of people coming forward lo volunteer. We believe that JVN'5 brand is being increasingly recogniseil as a roule to volunteering and good volunteer management, as well as JVN helping to shape volunteering in the community. all of which we will be able to capitalise on going forward.
THE JEWISH VOLUNTEERING NETWORK TRUSTEES, REPORT REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Finaneial revi•w During the year to 31 Marcth 2024 the charity received donations, grants and other income amounllng to £340,727 12023- £332,470). Expendilure during the year amounted lo £362,596 {2023.' £306,559). UnreslriGted re$erv&s at 31 MarGh 2024 amountèd to £165,09312023.' £192,792}, restricted reserves amounted to £27.05212023= £21,222). a. RESERVES POLICY It is the policy of JVN to maintain uniestrict8d funds at levels which are adequate lo meet ongoing management, administralion and support costs. A detailed reseNes policy has been adopted by the tiustees. The policy of JVN has been to maintain any resliicted funds at 3 lovel to enable to meei ts full obligations under the terms of their establishment by the donors. The trustees aim to have free reserves eqUIvanI to at 8St four months core costs. approximalety £90,000. At 31 March 2024 this had been achieved. Continued fundraising éfforts are made to maintain the required level of re3erve8. b. INVESTMENT POWERS AND POLICY The trustees. having regard to the liquidty requirernenls of thè charty have kept available funds in an interest- bearing deposit a¢¢ount and seek to achi&v8 a ratè on deposit which malthes or exceeds inflation as méasurèd by the consumer price index. Due lo wKler economic cATcumslances deposit r*es have been depressed and so this aim was not achbeved in the year. c. GOING CONCERN After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequatè re50ur¢es to continue in operational Èxistence for the foreseeable future. For thi5 reason. they continue to adopt thè going concern basis in prepaTing the financial statements. The trustees have prepad cash fiow forecasts and profil PTojections which demonslrale the tharity can continue as a going concern. Structure. governance and management JVN Is a Charlty registered with the Charities Gommission, reglslered no. 1130719, and an incorporated Company registered wrth Companies House, registered no 06826138. Trustees are appointed by thÈ èxisting members of the trustee b¢y8rd and are listed with both Companies House and with the Char.6$ Commission. The charity is a company limited by guarantee and was set up by a Mernorandum ofAssoaation on 20 February 2009. The Iru518es. who are also thè dirèctors for the purpose of company law, and who serv8d during the yèar and up to the dale of signature of the finan¢ial statements were.. Joanne Coleman Kaien Coopar Richard Werth Daniel Levy P8uI Collin Sara Conway Margaret Harris Eli Gavènta Clive Nathan Max Sobell Debra Moths (Resigned 4 July 20241 IResigned 30 May 20241 (Resigned 13 November 20231 (Appointed 19 July 20231 (Appointed 19 July 20231 IAppointed 19 July 20231 IAppoinled 4 July 20241
THE JEWISH VOLUNTEERING NETWORK TRUSTEES, REPORT REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recmitment and appntment oftwstees The management of the ¢harrty is Ihe responsibility of the trustees who are appointed and co-opted under the terms of the Articles of Association. New trustees are proposed following a transparent, skill&based reuuilrnenl process and approved by trustees al board meetings. None of the trustees has any beneficial intere51 in the company. All of the trustees are members of the ¢tsmpany and guarantee to contribute £1 in the event of a winding up. Trnstèè's Responsibilities The Iruslees, who are also the directors of The Jewish Volunteering Nelwork for the purpose of company law, are responsible foT preparing the Trustees. Report and the financial statemen15 in accordance with applicable law and United 'ngdoM Accounting Stsndards (United Kingdom Generalty Accepted Accounting Practice}. Company Law Tequires the trustees to prepare finanaal statements for each financial year which give a true and fair view of the state of affairs of the charity and of tho incoming resources and application of resources, induding the incorne and expènditure. of the charitable company for that year. In preparing these financial ststements, the trustees are required to.. select suitable a¢countlng poliGes and then appty them consistently., observe the methods and principles in the Ch8rities SORP-, make judgements and estimates thal are reasonable and prudent., state whether applicable UK Accounting Stsndards have been followed, 5ubje¢t to any material departures disclosed and explained in the ffinanaal slaternenls., and prepare the financial statements on the going concem basis unless it is in8ppropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disdose with reasonable accuracy at any time the financial position of the charity and en3bk them to ensure that the financial statements comply with the Companies Act 2006. Thèy are also responsible foi safeguarding the asse15 of the ¢h8rty and hence for taking reasonable steps for the pievention and detection of fraud and other irregularities. In preparin9 this feport. the trustees have taken advanl8ge of the special prowsions ielaling to small oimpanies within Part 15 of the Companies A¢t 2006. The Trustees, Report report was approved by thè Board of Tnjstees and signèd on their behalf by.. Z¥7kviel Lev Daniel Levy INOV 14, 20 Danièl Levy 11..01 GMT) 14 Novernber 2024
THE JEWISH VOLUNTEERING NETWORK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JEWISH VOLUNTEERING NETWORK I report to the trustètrs on my examination of the financial statements of Thè Jewish Voluntee¥ing Nefvmrk {Ihe charity) lor th& Ye ended 31 March 2024. Responsibilities and basis of report As the trustees of the charity land also its direclors for the purpose5 01 cornpHny lawl you are responsible for the preparation of Ihe financial statemen15 in aC[danCe with the requirements of the Companies Acl 2006 (the 2006 Having satisfied myself that the finandal slalements of the charity are not required lo be audited under Part 16 of the 2006 Act and are eligible for Irependent examination. I report in respect of my examination of the charity's nancial slalements carried out under section 145 01 the Charities Act 2011 (the 2011 Actl. In carrying out rny examination I have followed all the applicable Directions given by th& Charity Commission under sectK*n 145{51{bl of the 2011 Act. Independent examiner'$ $tstement Sinca thè charity's gross income exeded £250.000 your examiner musl be a mèmber of a body listed in section 145 tsf the 2011 Act. I confimi that l am qualrfied to undertake the exarvin81ion because l am a member of the Instllute of Charteied A¢UntantS in England and Wales, which is one of the listed bodie5. I have completed my examination. I confirrn that no matters have me lo my attenfjon in connection with the examination giving me Cause to believe that in any material respect.. accounting records were not kept in respect of the charity as requirgd by seclion 386 of Ihe 2006Act; or the financial 5ts1emenls do not 8c¢ord wh those records., or the finanaal statements do not comply with the accounting requirements of se¢tion 396 of the 2006 Act other than any requirement that the arLounts give a true and fair view which is not a matter considared as part of an independent èxamination., or the financial statements have not been prepared in accordance with the methods and principles of the stalernenl of Recommended Pr8¢ti¢e for aountIng and reporting by charities applicable lo charities preparing their accoun15 in accoidance wtth Ihtr Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have corne across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial statements lo be reached. D M Cramer FCA Blinkhorns 27 Mortimer Street London W1T3BL Datèd." 14 Novèmbèr 2024
THE JEWISH VOLUNTEERING NETWORK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unre$trict&d Restricted lunds lund$ 2024 2024 Totsl Unrnstricted Restricted fund5 funds 2023 2023 Total 2024 2023 Hot•s Income from: Oonalion$ and legacies Charitable activities Investments 181,443 105,207 3.594 50,483 231,928 105,207 3,594 180,416 129,446 1,386 21,222 201.638 129,446 1,386 Totsl incom• 290,244 50,483 340,727 311,248 21,222 332.470 Expenditure on: Cost5 of raising funds Costs of charitable activth.es 27,399 27,399 26,011 26.011 290.544 44,653 335.197 263,231 17,317 280,548 Totsl expendituro 317.943 44,653 362,596 289,242 17,317 306,559 Net in¢omellexpenditurel and movement In funds {27.6991 5,830 121,8691 22,006 3,905 25,911 Reconciliation of funds: Fund balances at 1 April 2023 192,792 21,222 214,014 170.786 17,317 188,103 Fund balance5 at 31 March 2024 165,093 27,052 192,145 192.792 21,222 214,014 The statement of financial adivilies indLKles all gains and losses recognised in the y&ar. All income and expenditure derive from continuing activities. 10-
THE JEWISH VOLUNTEERING NETWORK BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Fixed assets Tangibl6 assèts 12 1.281 1,609 Current assets Debtors Cash at bank and in hand 13 1,293 220.437 206,884 206,884 221.730 Creditors: amounts falling duè wlthln one year 14 116,0001 {9.3251 Nèt currènt asséts 1.884 212,405 Totsl assets l¥$$ Current Ilabllltl•$ 192,145 214,014 Thè funds of the charlty Restricted income funds Unrestricted funds 16 17 27,052 165,093 21,222 192,792 192,145 214.014 The company is entitled lo the exemption frorn the audit requirernenl contained In section 477 of the CompaniesAct 2006, for the y&ar ended 31 Mard) 2024. The directors acknowledge their responsibilities for complybng with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of finanryal $tslèmènts. The members have not required the company to obtain an audit of ils finanual statèments for the year in question in accordanc6 with section 476. These financial slalemerits have been prepared in accordance with the Pfovisions applicable to wmpanies subject to the srnall corrpanies regime. The finanaal statements were approved by the trustees on 14 November 2024 Dèniel Levy (Nov 14, 20 Daniel Levy Chalmian 11..01 GMT) Company wistrstion numbor 06826136 (England and Wales 11
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollclès hjrfty Inforniation The Jewish Volunteering NeMork is a ptivatè company limited by guarantee incorporated in England and Wales. The registered office is Schaller House, Wohl Campus, 44AAlbert Road, Ltsndon, NW4 2SJ. 1.1 A¢counting convention The financial ststements have been prepared in acLordance wtth thè charity's Memorandum and Articles of Associats'on, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102,? and the Charitie5 SORP "Accounting and Reporting by Charities.. Slaternenl of Recommended Practice applieable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Iièland IFRS 1021" leffecbve 1 January 2019}. The charity is a Public Benefit Entty as defined by FRS 102. Thè charity has 18k&n advantage of the prowsions in the SORP for ¢haritt'es not to prepare a Statement of Cash Flows. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The a¢¢ounts have been ppared under the historical cost convention. The accounts present a true and fair view and no thanges have been made lo the principal accounting policies adopted below. The reported financial posth'on and financial perfomiance fof the prèvious period are not affectsd by thè transition to FRS 102. 1.2 Golng concern At the time of approwng the financjal ststements. the trustees have a reasonable expectation that the tharity has adequate iesources to continue in operational existence for the foie5eeable future. Thus the trustees ¢ontinue to adopt the going concern basis of accounting in preparing the finan¢ial statements. 1.3 Charftable funds General funds are unrestricted funds which are available for use HI tha discretion of the Iru51ees in lurtheranee of the general objectives of the charitable MpanY and which have not been designated fof other purposes. Restricted fvnds 8re donations and grants whith the donor ha5 specifièd are to be solely used for a particular area of the charity's work or for specific pitsjects undertaken by the tharity. The purposes arKI uses of the stricled funds aTe set out in the note5 to the financial statements. 1.4 Incom• Income is recogni$èd when the charty is legally entitled to it after any perfom)ance conditions have been met, the amounts can be measured reliably, and it is probable that income will be rèceived. The charity received money mainty through donations and events occurring wthin the year. In¢om8 is measured at the fair value of the considèration received or receivable and represents amounts receivable for goods and s&Nices prowded in the nom)al course of businoss nèt of discounts. Income tax recoverable in relation lo donations received under GiftAid or deeds of covenant is recognised al the time of the donation. 12_
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policie (Continuedl 1.5 Expenditure All expendilure is a¢count8d for on an accruals basi$ and has baan included under expense (*tegories that n b8 directly related to each activity. Where costs cannot be directty attributed lo partiwlal actiwlies they have been allocaled on a consislenl basis. Irrecoverable VAT is charged as a cost against the actiwty for which the expendituie was ineurrad. Costs of charitable activ((ies relate tr) the furtherance of the charities objectfves. Costs of raising fijnds relate to events and other activiiies through whith the charty raise5 115 profile. Allocation ¢f$upport ¢osts Support Costs are those funetions that assist the work of the charity but do not directly undertake charitable actiwties. Support costs include ba¢k office costs, finance, personnel. payroll and govemance cosls which support the charity's activities. These costs have been allocated beeen cost of raising funds and expenditure on charitable actwities. The bases on which supwjrt wsts have been allocated are set out in note 8. 1.6 Tangiblè fixad assèts Tangible fixed assets are ini118lly mèasured at cost and subsequently measured at cost or valuation. nel of deprec4alion and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Compulgr equipment 33.33¢ slraighl line The gain or loss arising on the rlisposal of an asset is determined as the difference b8fy¥een the sale proceeds and the carrying value of the asset, and is recognised in the statement of finanryal activitiès. 1.7 Cash and cash Èqulvalents Cash and cash equivalents indude cash in hand. deposits held at call with banks. other short-leim liquid inveslrnenls with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within botrowings in current liabilities. 1.8 Financial instruments The charity has ele¢t#d lo apply the provisions of Section 11 '8a5ic Financial Instrumènts, and Section 12 'Olher Financial Inslrumenls155ues' of FRS 102 to all of ils financial inslrumenls. 8•$ie fiftaneial ass•ts Basic finanaal as5e15, whith include debtors and cash and bank balances, are initially measured al transaction price induding transaction costs and are subsequentFy carried at amortised cost. Finan¢ial assets da5sified as receivable within one year arg not amortised. Basic financial liabilities Trade creditors are obligations to pay for goods or sewvices that have been acqulred in the ordinary course of operations from suppliers. Amounts payable are classified as currènt liabilities if payment is due within one yaar or less. 13-
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountlng pollcies Icontlnuèdl Dere¢ognltlon of financial liablllHès Financial liabilities are derecognised when the ch8ntys contractual obligations expire or are discharged or canoelled. Critieal aecounting estimates and judgements In the appli(3lion of the tharty'5 a¢¢ounting policies. the tru51ees arè réquired to make judgements, estimates and a55umptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical axperience and other factors that are considered lo be r8l&vant. Actual resu115 may differ from these eslimales. The estbmates and underfying assumptions are reviewed on an ongoing basis. Rev7sions lo accounting eslimale5 are retognised in the period in which the estimate is revised Whe the revision affects only that period, or in the peTiod trf the revision and fuluie periods where the revision affects both current and future periods. Income from donations and legacies Unre$trleted Restricted funds fvnd$ 2024 2024 Total Unresthcted Re$tri¢tsd funds funds 2023 2023 Total 2024 2023 Oonalions 8nd gifts Grants 167.343 14.100 25,000 25,483 192.343 39,583 154,216 26,20Q 154,216 47,422 21,222 181,443 SO,483 231,926 180,416 21,222 201.638 Income from ¢harltabla activities Unre5tri¢tsd funds 2024 Unr•strict8d funds 2023 Membership Subscriptions Events Fees 13,480 86,082 5,645 10.357 113.296 5,793 105,207 129,448 14-
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 In¢om• from inv¢stments Unrestsletsd Unrnstrlctsd nds funds 2024 2023 Bank interest 3.$94 1,386 Expendlthrg on ralslng funds Unrestricted Unrestrictsd fund$ funds 2024 2023 Fundraising and publicity Fundraising Costs Staff costs 800 25,211 27,399 27,399 26,011 15-
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlturn on charitsble a¢tlvltlos 2024 2023 Direct ¢osts Staff costs Depreciation 8nd Impaimienl Travel costs Consultancy Miscèllaneous expenses Seminars and rneelings costs 225,676 1.608 2,020 3.236 4,591 3.407 184.883 2,754 1,837 5,258 3.191 3,543 E li Awards Rent and seM¢e eharges Advertising and marketing Website and IT Bank charges Insurance Training and rnembership Accountancy Professional subscriptions 12.1 21,300 18,188 18.088 284 1,569 17,391 3,600 1,338 19.162 19,381 12,157 8,736 266 2.063 17,317 335,197 280,548 Analy$i$ by fund Unrestricted fund5 Restricted funds 290,544 44,653 263.231 17,317 335,197 280,548 Net movemènt in funds 2024 2023 The nel movemgnt in fvnds is stated aft8r chargingllcredilingl.. Depreciation of ownéd tangible fixed assets 1,608 2.754 Trustees None of the trustees {OT any persons connecteil with them} reiVed any remuneration or were reimbursed for any expenses during the year. During the ye8r total donations of £16.760 were received wiihout conditions from trustees Of other relal¥d parties.
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Employeos Th& avarage monthly number of employees during the year was.. 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 232.551 16.227 4.297 184,142 17,621 8,332 253,075 210,095 The number of employees whose annual remLtneralion was rn0 than £60,000 t5 a5 follow5". 2024 Numbér 2023 Number £70.OW- £79,999 11 Taxatlon The charfly Ss exempt from taxation on its actiwties because all ils income is applied for charitablè purposes. 12 Tangible fixed a8sets Computgr equlpment Cost At 1 April 2023 Additions 8,262 1,260 Al 31 March 2024 9.522 Depr•ciation and impairnient At 1 April 2023 Depre¢ialion charged in the year 6.653 1,608 Al 31 March 2024 8.261 Carylng amount Al 31 March 2024 1,261 Al 31 March 2023 1,609 17
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tanglblo fixed a5$ets Icontlnuedl 13 Dèbtors 2024 2023 Amounts falllng due within one year: Prepayments 1.293 14 CreditOf5: #mounts falling due within onè year 2024 2023 Notes Other taxation and social secuTty Deferred income Other creditors Accruals 5,240 6.050 1.110 3.6(Kl 4,175 5.150 16 16.oc 9,325 15 Dèkrred income 2024 2023 Other deferred incomè 6,050 5.150 Deferred income is included in the finaniial slalemènts as follows.. 20Z4 2023 Deferred income 15 included within.. Current Ilabilities 6,050 5,150 Movements in the yeai.. Deferred income al 1 AprS12023 Released from previous periods Resour5 deferred in the year 5.150 (5,150) 6,050 5,150 Defeffed incorne al 31 March 2024 6,050 5,150 18-
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Rgstrict¢d funds The reStrted funds of Ihg charty comprise the Ltnexpended balances of donations and grants hald on trust subject 10 specific conditions by donors as to how they may be used. At 1 April 2023 Incoming re$ources Rèsources At 31 March *xpandèd 2024 JVN Connect Website Refresh Training & Seminars 11,243 4,990 4,989 18,250 25,000 7,233 129.4931 112,2801 12,8801 17.710 9,342 21,222 50,483 144.6531 27.052 Previous year: At 1 April 2022 Incoming resoue¥ Re¥OUr At 31 March expèndèd 2023 17,317 21,222 117,317) 21,222 17 Unrnstrict8d funds The unreslricled funds of the charity comprise the unexpended balances of donation5 and grants which are not subject to spècific conditions by donors and grantors as lo how they may be used. These include designated fun¢Js which have been set aside out of unrestiicted funds by the trustees for specnlc purposes. At 1 April 2023 Ineomlng resources Resources At 31 March expended 2024 General funds 192,792 290,244 1317,9431 165,093 Prnvlous Yr. At 1 April 2022 Incoming re¥tyur¢e$ ReSoue$ At 31 March expended 2023 G8n8ral funds 170,786 311,248 {289,242} 192.792 19-
THE JEWISH VOLUNTEERING NETWORK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Analysis of not assets beeen funds Unrestricted funds 2024 Restrictsd funds 2024 Total 2024 At 31 March 2024: Tangible assets Current asselsll1iabilrtSI 1.261 163,832 1.281 190,884 27,052 185.093 27,052 192,145 Unrestricted funds 2023 Restrictsd funds 2023 Totsl 2023 At 31 March 2023: Tangible assets Current asselsl{liabilitiesl 1,809 191.183 1,609 212,405 21,222 192,792 21,222 214,014 19 Related paty transactions There were no related party transaction5 during the year12023- none). 20-