Jubilee Campaign Limited Charity Registrab"on number.. 1132442 Jubilee Campaign Limited (A company limited by guarantee) Annual Report and Financial Statements for the year ended 30 April 2023 'ACFJBJEZ• 0311112023 COMPANIES HOUSÉ A03
Jubilee Campaign Llmlted CONTENTS Pag• Reference and Adnynistrative Delaily strateg Report Tntstees, Rèport 4t07 ststement ol Trustees, Resp(sibl[.oS lThJependent Examine$ Rewrt Slatem•nt of Financrdl Acti11•S 10 8alance Shèèt Notes to the Financial stste*nts 121020
Jubilee Campaign Limited Reference and Admlnistrative Details Tru$t•eS Pmlessw R. Hanspal tr5 S. R. Horo*ifL M. V. Kurnar D. Smith R•9l$t•r•d Office Suile A 82 James Carter Road Mildenhal SufftAk IP28 7t Indepènd•tht Examiner Black And Wtste Chartered Cerbffieil A¢cThJrtwls 2-3 ststAe Cowi Herriard Park Heryiard Hampshire RG25 2PL Aeeourntants Black While ch&le Cerbfie(l Accountanis 24 Siable CcMJrt Herniard Park Herniard Hampshi RG2S 2PL
Jubilee Campaign Limited Strategic Report for the Year Ended 30 April 2023 The Iruslees. ale directors for the purposes of company law, presenl their strate9k report for I yèar ended April 2023. in Complian th s414C of the C(Mnpans Act 201A. Flnanclal revlew Jubilee CampavJn Lirnile(l $ IrMe for Ihe year under rewew totalled £251,840 wlh an expet)ditur* of £204.568. O¥e¢l aid grant5 for the year totalled £ 137,618. As a ¢harty. ihe twstees place greal significance on the need to be awafe ol the potenb.al risks Ihal the thanty face. The trustees inteThJ to give carelul consid8ration lo en5ur8 that th8 financial sy518ms and Tr)ntro15 are in place.. monitor Ihe operalional systems and income and expendrture Jtvefs of the OT98nisatityl" exer¢ise ¢ontrds over decisions lahen on Kwecls and captal costs". ensu thal l(rw overheads and appropriate administratNe systerns 8re in rAace thal address the governance wulrents the Organisatn. We place regard on finan accountatxlity and wcrfk icthards Raising Funds The strdtegic retK)rt approwl by the truslees of the dwity 15 $1 2023 and signed on its behalf by.. rnilh TNslee
Jubilee Campaign Limited Trustees's Report The trustees. are dire¢lors for purtrys ol company law. present the annual report tO9ether Ihe financial slatemenls of the charitsb company for the year ended 30 April 2023 Objertl¥es and artlvities Public benefit The twstees conf mi that Ihey have complied knith the requiremenls of sectb)n 17 01 the Charities Act 2011 to have ¢Jue regard to the prtjlic benefrt gutdance published by the Chanty Cornmission for Eriglan¢J and Wa. The objgctlves of Jubllee Compaign Limlted ar•: To promote hurnan nghts las set out in Ihe the vrVerSal De(jwa of Human Rwhts and Raising Funds throughwt the vKxld. The strategic report was appfoved by trSlee$ ofthe charity C 15 kngust 2023 and svJne(I We aceomplish these obiectim through the lollowing athiliès: -ProvidiwJ relieffor the r8$ among the ClIm$ of hUrn at$0 -Educale the general public atut Man rights -Rai5e awareness of human rahts issu65 .Promote and publicise puNic SUprM lor human rb3hts -Try to slop hUrn nghis abuses wherè they ocDJr
Jubllee Campaign Limited Limited Trustees's Report hievements and Performance Jubilee Campaign Mited was laUhed in Parfkament in 1987 as a h nghts pressure grP and startec charrtable activity in reSpSe to urgent requests for practical help from peopk in Romania and the Soviel Union.. in 1992 a charity (Jule8 A¢tyonl was eslatyished as a separate entity. Jvbilee Campaign Limited wistered as a tharity in 2009 after both organizations deoded to Work separately. When Jubilee Acbon changed it5 name. this gave Jubilee Campai9n Limrted strong name recognitim and avow1eLI polential rnisunderslandwy. Our prO1ts have proved effe¢live in ddiverirJ transfmtiI dne forchildrtn at Risk. This wc£ess has been achieved because tsur overseas ParfntW5 are speaalists in their fiekl of influence and their professionalism and leadership has been cOgnized both locally and intemaiionalty. As a result, We are Confident that our support isn't wasted or ¢Juplicated and can accompfish our objectives to make a drfference in the lives of vulneral)le and Underldeged children. We contrnued our pathetship wrth Bombay Teen Challenge in India and Yunded Strateg prqÈd5 Ith# Jubilee Homes and Shelter) to help traffKked children rescued frorn the red4ighl district. (kn of the giAs fwm the Jubilee Horlles a ace at rnedical (lege after suc$S1U1ly Ccfflpleting w Irnrtant exam. Her achievement vms COgned by 9ovemmeni mintsters and lThJian mèdia including th8 Tirnes of Irmlia. Sh8 wa5 nearfy lour when She was abandoned inwde a hospiW sn South Mumbai in 2003 but ree0 by ¢xJr partner. Reverend Devaraj. She 9 up in (r Jubilee Horne$ and was encouraged Its PLwsue her am- to become a dcthr. Our focu5 remained on educalwl prc4e¢ts Klenlty"ng that thcall is the best vray ofending wety in the developing In Zimbathve. ethjcation can be lrfe caThJiThJ. We crth'nued our swport for Jessie's trknu5e where 160 Chldren a led every day. For many, Ihis will be Ihe only Ihey eat that day. A recenly devebpe(I Aca¢Jemy enables children io Continuè thèir aducation in&d8 the village prevents girls from drr9 Out. Before this t1ynamic sch8me opened the nearest School wa5 5 miles away and tn a nerghb)rin9 village with gids facing the daily risk of rape traffickers on thi5 long walk. Our farms use innovat¥¥e solar txyAwed drip irrigation technology watering Ihe land all year round. This sd¥es the prrknlem of ¢knu9ht and cr(y failure. producing a contlnUW5 harvest. Our larms are n¢)w the largest source of food in the villag8. A new cla$5rwm ock an¢ egg farm have proved effective, and lfv"s expansw will rnakts a lasting impact on the lives ol these Orphe and vulneraNe chIldn in this remole vllage in Africa. In the Philipne$. The Jessica Smth Schclarship FuThJ ntn by Fi Shay Cullen's Preda Ftyjndation provTdes opportunities for at-risk thildren who can't afford furtheredurabon. The PhiSippines has been a ma9net for Sex tOUri5ts. Poor, uneducated thldren risk Iraffi¢kirvJ and sexual exF4oitation. At#Jut 200 Filipino $tudents have completed Iheii higher educat becw5e of this 5iglwfiet wogram. We continued to Mpaign against Child SaCrffj in U9anda and suppNled chilthn If6e Wlan, was featured in our materials %¥then launched cwr ranwavJn. aThJ also BBC rtjcthnentary that helped with. In the UK, play a part in inlomiirYJ and educat19 the wblic aboui ImFlant Issu85 and their role as global citizens. We provide them land our suprthers) vthh Ihe opportunty to get invclved in intematvnal affairs and io coniritsJte to projects that directjy assist Childn at Risk. Our fwsiworthy and out$tanding overseas partn•rs en5ur that funds are used to achtev• Ihe maximum irnpact.
Jubilee Campaign Limited Limited The twstees receive infowmation proFcts and i%sues an(1 dlorts a taken thal engjrg our a¢1 *il have the gwtest impact. Wa use all ¢ost•effectNe CoMmur¢0tion mediums avalate to U5 and decis5 about lund raisiTrJ, desyn and nterS a taken based value for money to fuNI our rtiecbves. Like aIrnt every thaiity. we fgK Ihe impact of cwd. txrt SUPFQrt6rs backed and we wwe able to conknnue funding for our partners in Inth"a, the Ph414S and Zimbabwe to contme this life changirg to help Children al Risk.
Jubilee Campaign Limlted Trustees's Report R•s¢Ne$ Policy The ifUSte8s followed recomrnen¢Yabons by the Chwty Cwnrriss¥)n about charib.es thal have beneficiaries depen4Jent on Ihem. As a SUIt. the tnJee$ deuded to hold to three years running Costs as the charity'5 rxjlicy on reserves. The Iru51ees believe this guwds against potential risks the organization COU face and strengthe5 its lulure sustainability. an(1 effectiveness. Thi5 pdicy gives ConfenCe to our internaticl parlners as Ic¥Jelher take [eSFn$1bIty for Vulnerab Chdren that we support. Plans for futur• periods Wg focus on ensuring Jubi Campaign mrted can achieve rt5 ObctiveS and carefuly rewew our projects J ¢ampaign5 50 that Ily can fvifil thi5 aim. Our develo1t prcfjrams ¢£"nue to be long temi tr r8serves pdi¢y have been desKJned to ensure that can maintsin our supp)rt forth? children who depend on us. We take up strategK issues and have nat1 laThJ wttemabonal) campaN3 to protect the Riqhis of the Chikl. We remain at Ihe fofrl of raising awareness of chikjren's rights abus. while maintaining Jr irnportant Irk in transformational aid prcpcts. We inlend lo ConUe our partnerships in India. Ihe Philippines and Zimbabe to help chIre at Risk. StruetU¢•. govemance and fflanagemenl Jubilee Campaign Limiled is a ¢harilable ¢ompany lirniled by guarantee IrKJ 028420611 irKorporated on 4 August 1993 an¢J registered a5 a charity on 4 November 2009 Ino 11324421. The organisalion is goveme(J by a Memorandum and ticleS OfAssocl•)n aThJ is eontroled by ard of trustees. The truslees a elected at Ihe knnual General Meeb"rwJ and theirselecb.on is basèd on the skills contribUtffj can m lo Ihe effecliveness Oft Organisab. Approved by Ihtt trusiee5 01 Ihe charity 15 NJJ9U$t 2023 and swned its behalf ty. lor the approval ofthe projacts and authon.satw of paymenl to twect parlnets. They $0 lake responsibility fo all tonlracts and long term lea. The tru51ees deate the Oay to day respcx)sibilty to the managernenUexecutNe team. The annual report was aptwo¥eLI by the trustees of Ihe ¢thaiity on 15 knJu5t 2023 ar¥J spaned on half Trustee
Jubilee Campaign Limited Staternent of Trustees. Responsibilities The trustees I0 are also the direct$ ofJubiJee CampavJn Limiled for Ihe purposes of cornpany lawl 8re responsible lor preparing the trustees. ryerFrt and the ffinancial 5tateements In accorrdance th the United Kingdom Accounting Standards (Unrted lthrydom Generally Accepted ActtJunbThJ Practscel and 8PF41cat¢ law and rngulations. Company law require5 the trustees lo prepare finanrial Staterrnts lor each financial year. Under company law the trustees must not approve the finantial stalemenls unless Ihey a satisfie(I Ihat they give a true and fair view ol the stale of affairs of the charilabk company and of its Incoming re)UrceS and application ol reswrces. in¢luding its income and expenditure, for ihal peibjd. prèparing these financKql statements. the tWStee5 are required to.. 4 select sultae a¢UntIng Oicies and appty thern con51Stently: ' observe Iha thodS and princie$ in Ihe Charities SORP; ' make judgements and estimates that are reasonable aThJ prudent.. ' stale whether applicable UK A¢cwnty"ng Standards have been folkld. Subjecl to any material departu$ disclosed and explained in the finarla1 5ts1ements." and ' prepare the finan¢ial $latements on lh¢ g(Mng concem basis unkss it is Thpprowiate to we5vme that the charitable company ill conb"rrtJe in bUne$S. The Iru5t8e5 are responSie for keeping a¢lequate aCcnting re¢ords that a suffiuent to sh¢)w and •¥plain the ¢harilable company's transactions arwj disclose th reasonab accuracy al any time th8 financial posilion ofthè charitable company and enab them to ensure that finanual statements comply wth the Companies Act 2006. They ar8 also responSie for safeguarding th8 assets of the tharitable company an¢ herK? for taking reasonabk steps fts¥ prevenb.on and deteuion ol fraud Approved by the trustees ofthe chity on 15 August 2023 and on its behaf by.. Truslee
Jubilee Campaign Limiled Independent Examinerfs Report to the trustees of Jubil•t Campaign Limited I retx)rt to the charity Irvstees on my examinalh)n of Ihe act015 of the charity lor the year entjed 30 April 2023 which are set out in pages 8 to 19 Respective fesponsibilibes ol !ruste8s and 8xarnin8r As the charitys trustees of Jubi18e Carnpaign Limited land also its 1ClOr$ for the purposes of ci)mpany lawl you are responsible for the pparal)n ol the acctrJnts in accordarKe wth the requirements of the CLxnpanies Act 2(X)6 Cthe Arfl. Haying satisfied myself Ihal the aOUnts ol Juble• Campagn Limiiet1 arè not reouired to be audited under Part 16 01 the 2006 Act aThJ a eh"gible for iThpendent examinalM)n. I rerM)rt in rB5pect of my examination of your chanvs accovnts as carried oth under section 145 of Ihe Chawrbes Act 2011 I'the 2011 Act). In cawrying out my exarninab.on I have fdlwed the Diiecb"ons gwen by the Charity colnrySO under seclion 14Sl5llbl of the 2011 ACL Indeptndent examlnels statement &nce Jubilee CampaKJn Limrterts income exceede(1 £250,0 your examiner rnust be member of a body listed in 58Ction 145 of Ihe 2011 ACL I confirni l am quakfied lo undertake the examinabon because l am a member of. thich is one of the lisled bc#Jies. I have completed my exarninats"on. I confirtn that no matters have come lo my attent.in ¢onnecl with Ihe examinatron giwn9 me uSe to believe". 1. 8¢ctyJnthng records warè r1 kèpt in respecl of Jubqeo Cpgn nled as required by wtion 386 of Ihe 2006 Act: or 2. Ihe acnts do accord wlh Ihose records.. or 3. Ihe accoltnls do Thjt comply %ith the accounting fequirements of sectron 396 of Ihe 2C Acl oiher than any rgquifern8nt Ihat the accoutns give a'lwe arKI fair wiew which is not a matler considered as part of an independenl examinati(". or 4. Ihe accounls have not been prepared in accOrdar8 %ith th8 rrtstkd5 and plintsples of ihe Stalement ol Recommendeil Practice for aUnrj and reF#Nling by charitiès lapplicable to charities pparIng therr x¢owils in aCCdanCe the Financial RewliThJ Standard ap1¢able in the UK and Republ of Ireland {FRS 102}1. I have no concems and have corne across Lrther rnattw5 in conneth.on vriih ihe •xarr4nation to The annval repjrt was approved by the Iwustees tsfthe eh*ity on 15 W 2023 aThJ sgned on be r8ach8d. Jon Mills Black And White Chartered Cerbfied Accwntants 2-3 Slable Court Hemard Pa Hemard Hampshi RG25 2PL
Jubilee Campaign Limiled statement of Financial Activlties for the Year Ended 30 Apn"12023 Ilneludln9 Income and Expendltvrt A¢¢oub>t and Statsment of Total Reco9nised Gains and Losses) Not Unrestri¢tsd funds Restri¢ted lund$ Total 2023 Income and Endovffli•nts froffl: Donatiortrs and legacies Investsnenl irtorne 215.C4)3 30.837 245,840 5,360 Tot811)come 220.363 30.837 251.200 Expendire on: Raislng Funds Charilabl¢ acbwli85 {28.597) (47.7511 (28.5971 1175.3691 {127.618) Tolal expènditur* 176.3481 {127.6181 1203,966} Nei incomellèyponditurel Transfers tseeTr ILrnds 144.015 (99.942) 196.781) 99.942 47,234 Net mgvemènt in funds 44.073 3,161 47,234 Re¢on¢iliJtion of lunds Total lunds broughl forward 547,672 591,745 31,091 34,252 578,763 625,997 12 Not Unr•stricted funds Restricted funds Total 2022 Income and Endowm•ni8 from". Dcnations legacies Investment income 219.691 77 42.997 262.688 77 Total inc¥)me 219.768 42.997 262.765 Expendlture OD: Raising funds CharftstrAe activities 127.8191 146.4521 127.8191 1228.4561 (182.004) rotal eynditure 174.2711 182,004) (256,2751 N•1 incomellexpendilurel Transfers beh¥een furKIs 145,497 {140.5751 1139.007} 140,575 6.490 Net movern¢ni in lunds 4,922 1.568 6.490 Reconeiliatlon of Iw Total funds brought forward Total funds carri8d forward 542,750 547.672 29,523 31.091 572,273 578,763 12 10
Jubilee Campaign Limited Balan¢0 Sheet as at 30 April 2023 Notes 2023 2022 Flxed assets Tangible assets Current assets Cash at the bank and In han 10 627.797 581.311 Creditors.. amount5 lalling Raising Fund$ (1,8(X)y (2,5501 625.997 578.761 N?t Assets 625.997 578.763 Funds of the charity: Restricted Incorne funds R9Stri¢t¢(J funds 34.252 31.091 Unrestri¢ted income fvnd$ unstrICted funtjs 591,745 547,672 Total funds 12 625,997 578.763 For the financial year ending 30 April 2023 the ¢h8rity was entitled lo exemption from audit un<ltrr section 477 of the Companb85 Act 2006 relatirrfJ 10 5maU companies. Directors. responsibilities.. . The members have not reouired the charity lo obtain an auth"1 of ts xo)unts lor Ihe year in qLIeSOn In accordance th section 476., and . The direclors acknovAedge their sibilitieS ¢)ynth"ThJ ¥Mh the requirements olthe Acl wilh r8SP8Ct to ¥counting record5 and th8 pr8paratN)n ol cOunts. These acrUnts have been prepared in accordance the p0nS aFWKable to companias subject to Ihe small ccrfnpanies regie. The financial Staternts on pages 8 to 19 were apwoved by the trusiees. and aLthorised for issue ¢)n 15 August 2023 signed on thew behall ty. Professor R. Hanspat Trustee
Jubilee Campaign Limited NOTES TO THE FINANCIAL STATEMENTS Charity status charity is limited by 9iwantge. Incoted in. and Sequenty does not havg share c8Pital. Each ol Ihe trustees is liab to eonin'bute an arno1 not eXeI)g £Nil the assets of the cwty in the event of liquidati). Jdmss of its regIsler officè is.. Suite A 82 James Carter RIHd Mihyenhall Suffolk IP28 7DE 2 A¢¢ountlng poli¢ies Summary olsignifi¢ant attoun¢lngpoli¢l¢$ andk•ya¢¢ounllng ostlm¥l•s The principal actsng poleS applied in Ihe preparati of these finaal staternent5 are set out bèk)w. These pdicies have been ¢cStentlY apF4d io all the years eSented. unless othemse stated. Statemènt glcompllance The financial statements have beer? ppared rn accordance 7th Accountiry and Reportiry by Ch8rib8S'. ststement of Recommended Practs. apble to dntieS pparing their accounts im accor(Jance the Financial R$FK)rting Starvjard applicable in the UK and Republic of Iren(l IFRS 1021 leffe¢tsve 1 January 2015}- Ichaftties SORP IFRS 1021}. the Finanual Report'ng Standard applicab in the UK and Rèpubli¢ of Ireland IFRS 102}. They also tL¥npty with Ihe Ccffipanies Act 26 and Charits'es Act 2011. B•sls olpr•parntion Jubilee Campaign Limtled meets Ihe t1efinthon of a pubkc benefit entity under FRS 102. Assets liabilities a inilialty recognised at historical cost ty transacti value unless IAhernisè stated in tho retevant accounting polcy noles. Golng con¢•m The tnjslees consider th thefe a rK) material uncertainties aiK)ut the ¢hanV5 abilty to continue as a going onrn nor any si9nifinI ar8as of sjncertainty that aff¢¢t the carrying Val ol assets hek1 by Ihe chaiity. Exemption from prewrinq a cash Ilowstatement The charity opted to eady adopt Bullelin 1 publis 2 Febwary 2016 and hav8 thelOre not included a cash flow slatement in these financi ststemenls. Income and•ftdowm•nts All incorne is iecognised once the chanty has entttent lo the incorr, li is probawe Ihat Iha Iorne WIU b• received ant1 the amount of Ihe incom8 receivable ¢an be Measu reli3y. Donations and lega¢les DOnaOn5 are recognised when Ihe charity has been notified wribng of bolh th8 amLMJnl and setdement date. In the event that a donat#)n is subJe¢t to Cwdit'ons that qUIre a level of perfomiance by the charity before the charity is eniiued to the fun¢ts. the incomo is deferd and not rewise(l until eilher those conditsgns are lully meL or Ihe fuffiln)ent of th058 conditions is wholty within the conlrol of the charity and it is probabl8 that these CdIS will be fulfilled in the reporbng peric4J. 12
Jubilee Campaign Limited NOTES TO THE FINANCIAL STATEMENTS Invèstmentinwne Dwid8nds are reccgnised once Ihe dividend has teen dedaTOd aTrJ nrtion has been received of th8 (Ivhlend due. Exwndilufe Al expenditu is reco9nised on¢e there is a W or wistrucVe obl¥Jat to thal •xpenditure, il i5 probablè settlement Is reouire(18nd the arnount can be measureil relialAy. Al costs a allocated to applicable 9xpenditu heading that aggregate SHnilar costs to thal category. whe costs cannot dir8Ctty aitribLrt8d io parcular headings they have teen alkxated on a basi5 cor7SiSt8nl vth Ihe use of resrG, wilh ntrOl Staff costs allocated on the baws of time spent. and depreuation thae$ all¢xated on the porbon of the asseys use. Other supp)rt costs are alk)cated bas•d on Ihe spread ol slaff rA)sts. Ralsing funds These are costs inCUrd in attraciing Yntary income, Ih8 management of inve5tm8nt5 arwj tlw in¢urred in tr8din9 aclivities that raise funtJ$. Charilable actlvllles Charitable expenijiture ComSe5 those costs ¥Urred by the chaiity in the delivery of its actiwties and seThices lor it5 b8118fi0ar1. It includes bolh costs that can be albxaled diredy to such activilie5 and those costs ol an indirect nature necessary to swrt Ihgrn. Grnntpmvlslons Provisions for grants arg made n lh9 inl¢nlh)n to make a grant has been c¥)mrrwnicated to the CIpient bul there is certaInty atrxmrt eilher Ihe timin9 of the grant or the amount of grant payabbe. Support costs Support costs indude central and have tjeen allocated io activty o)st calewries on a basis con51Stent with the use of re%)urces. tr example, alkxating Ffotvty ¢x)sts by fioor weas. or rw crflits. stsff costs by the lime spent and gther costs by their usa9e. Governa ¢osts These include the (x)$ts attribulable to the tharity$ cOMF4nCe cAYtstiiulional statutory requnments, induding audrt. slrate9ic management and twstees. meengS and 1MbUrSe e¥Jenses. Taxation The thanty 15 cvny¢Jered to pass the tests sel out in Paragwh 1 Schedule 6 of the Finare Act 2010 and therefore li meets the definib.on of a tharitab company for UK Corporabon tax purp)ses. Acc(Kdingly. the charity 1$ potentially exempt from tsxaticx) in specI of income or captal gains received wthin categories covered by Chapter 3 Part 11 01 the C¢yporab"on Tax Act 2010 or SectK)n 256 of the Taxation of Chargeat4e Gain5 Act 1992. to the extent that such incc¥ne or gains affj applied exdvsivety to charrtable wrposes. Tangib fixedassets Indivhlual fixed as5eis cosliThJ £0.00 a iniliamy rewrded at ¢0sL less Y $utsseqL arxumubted depreciation and subsequent acCurlaIed impairt losse5. Amortisation Amortisath?n is yovKled on intawt4e fixed assets so as to [te off the c05L less any Èstimaled residual residual wdue, ov8rthtir expected uselul value. ¢Jver Ih8Y exp u5eftl economic lrfe as follcv*s.' Asset class Database 20% on cnst 13
Jubiloe Campaign Limited NOTES TO THE FINANCIAL STATEMENTS D•pYKl¥tlon and•morfsalion Depreciation is proMde(l on targ1b fixed assets so as to lIe off u)sl or valuation. 18s5 any e5bmaled economic life as follows: Asset ¢l•$s Fixtures and fftbngs Dep1&11 method ra¢ Computers-33% aThJ Others-25% on cost Forel9n exchange Transaclions in ftsrevJn currencies are recorded at the rale of eXdn9e at the dale of Ihe transaction. Monetary assets and liabiliti"8s denorninated in for8ign cJJrrenrJes * Ihe balan sheet date are rewrted at the r8te5 of gxchang8 prevailing at that dale. The resuts of overseas operations are translated at th8 average rates 01 exchange duriwvJ thè peri¢>J and thar balance sheets at the rale5 rulirg al Ihe balance sheet date. Exchange drfIenees arising on translab'on of the openirg net assets and results ol over5eè5 operth.ons are reporte<l in other comprehensNe incom¢ and ¢umulated in equty lallTibuied to wrtr-contrL41ing intestS as appropriatel. Other excharge dIfferere5 enISed in Ihe Ststement of Financial ActivitS in th8 period in whith they awise Èxcept fcr. 11 exthang? ditfer8nces on tranwborB entered 10 lo hedg8 wtain DJrency ri5k5 (see abov81', 21 exchange differe$ angn9 CMI gains rm losses fyi rK)n-rrK)netary rtems liKh ** recognised in Oiher comprehensivg income.. and 31 in the case ol the consolwjaied financial statemerrts. excharge drfferences on moretary Items receivable from or payable to a lorei9n operats.on f( whth settjement is reilher anned rK)r likefy to occur (thereforè forming part of the ngt inveslment in Ihe fore¥Jn Opera0). vthich are rerfvognised in othe¥ cornprehen51Ve InMe and reported urM1er equty. FundstnKlur• Unrestricted irKome funds a gerte fvnds Ihal we a¥a1le ts use at Ihe 1ry5tee5's discrètion in lurtherarte of the objectives of the charity. Designated funds are unrestricted fund5 Sèt asida for specif purposes at the discretion of the truslees. Restn"cted Inc funds are Ih¢)se donated for us• in a partKular area or lor spacific purpos8S, the ust of restricted to that area c purrM)se. Flnartelalinstmm•nts classifi110n Financial assets and financial Iobilitss are recognised then the charity becom8s 8 party lo the contractual provisi¢$ of the instrument. Finanoal lla.11tie$ and equity in5twments are dassified awryding to the substsn¢e ol the conlractual arrargements entered into. An equty instrument is any contract that eMdence$ re$Ual inlerest in Ihe assets ol the charity after deducting all of rts lknqbillt. 3 Income from donations ana7 leg•cies Unrestricted funds Reslrict•d Total 2023 Total 2022 General funds t)onalions and le9acies.' OationS indw*Juals 215.CQ3 215.IX)3 30,837 30.837 245.840 245.840 262,688 262.688 14
Jubilee Campaign Limited NOTES TO THE FINANCIAL STATEMENTS Gfft Aj'd received during the year an¢Juni•d to £14.416l2022.'£11.9) 1$ in¢lwled a$ above. 4 Expenditure on raising funds Unrnstrlct•d funds Gener•1 Total Total 2022 2023 Wages and sdaries Maeling and publKity 22,828 5,769 28.597 22.828 5,769 28.S97 4,952 S Expenditu on Charitable activities Unrestrlcted lund5 Totsl 2023 Note Gèn•AI funds 2022 9,486 222 9.486 127,840 8.989 29,054 175.369 7.866 182,126 8,189 30.275 228.456 Granl fundin9 of acli¥ibes AJkx8ted 5UPPOrt costs 6 Govem?n¢8 0)5ts 6 127.618 29.054 47.751 127,618 Analysls of govemance and support costs Support Costs Unrestrlcted funds General Total 2023 Total 2022 Le9al and prclw'onal fee5 85 190 22,139 1,404 1.1x17 657 Prinbng. F4J5tage and Stationery 785 781 569 1,227 3,011 1,565 501 78S 781 569 1.227 3.011 1.565 501 465 IntenI subsuipiths Local travd ewses Bank chawes Pengons 971 1,987 588 Insurar Deprnoation of fix1u$ and fitbThJs Sunrjry expenses 465 315 383 30.142 8.989 8.989 15
Jubilee Campaign Limited NOTES TO THE FINANCIAL STATEMENTS Govemance ¢osts Unre$trict•d funds Total 2023 Totsl 2022 Goneral Inderendeftt exarninef fees Exwninab"on of the financial stsleffnt$ TrLL%tees refflunerai and eypenses 1.198 2.550 27.T25 30.275 27.856 29,054 27.856 29.054 7 Staff Costs The aggregate payroll Costs were as follows: Staff costs durlng th• y•ar were: 2023 2022 Wages and salwies Pens)n costs 22.828 1.565 24,393 22.867 588 23.455 Thg mcrfthly aver nurnberof pemns senhy management leaml ernoyed by the charity during the ye8r expresse(l a5 full time equNalents iyas as folows: 2023 2022 No Number of trustees- charitsble and fvnd raisirvJ Charilae a¢biie5 Fund rwsiThJ and SUPFOrt 8 Taxatlon The charity is a registered carity and is therefore exempt frryn laxati. 9 Tanglble flxed aets Furniture and equlpm•nt Total At l May 2022 Alditiofis 8.578 8,578 At 30April 2023 8.578 8.578 At l May 2022 tharge for the year AI 30 April 2023 Net book value 8.578 8,578 8.578 8.578 At 30 AprA 2023 At 30 Apr4 2022 16
Jubilee Campaign Limited NOTES TO THE FINANCIAL STATEMENTS 10 Cash and cash •quival•nts 2023 2022 Cash on hand Investrnent3 Cash at bank 18 596.444 31.335 627.797 418 573,850 574,268 11 Creditors.. amounts falllng due within one year 2023 2022 1.800 2,550 12 Funds 8alan¢e at 30 Aprll 2022 Balance at 1 2021 Incomlng Resourc¢s r•Srt•S •xpènded Twansferd Unre5tricled funds General General Funds A Deslgnated General Fund5 A 414.736 219.768 {73.8881 1140,5751 420,041 128,016 $42,752 128.016 548,057 Total Unrestricted funds 219,768 73.888 140.5751 R•stricted lunds mbabwe Memorial Fund India Memorial Fund Phillipne$ Mrnorial Fund General Projects Shared Memorial Fund India 8TC India Asha Uganda Burma Refugee Families 12.195 {40.7081 28.513 18.423 18.483 1.882 207 1.816 21.187 5.650 {10.0) {11KII B.118 93 200 12.408 10.$92 1121.3961 16,8001 11.IK)01 {1.(K)01 {1,000} 1182.(X)41 255,892 100.209 1.150 1.0(Xl fj.o(x) 492 29.523 572.275 42.997 262,765 140.5TS 31,091 579,148 Total funds 17
Jubilee Campai9n Limited NOTES TO THE FINANCIAL STATEMENTS Balanc• at 30 April 2023 Balanc• at 1 May 2022 kn¢omSng Resources sources expended Transfers unsIr1Cted funds General Funds A Desigft¥ted Gewal Fund$ A Totsi Unr•stri¢t•d fvnds 420.041 215.)3 199.9421 535,102 128.016 548.057 215.003 99.942 535,102 Restricted lun41s Zimbabwe Memorial Fund India Memorial FurKi Philippines Memorial Fund General Proiecls Legacy Fund Shared Memorial FurKI India BTC India Him Jyoti School India Asha Uganda Burma Refugee Families 4.628 65 1.061 1.600 125.9831 21.355 18.483 18,548 I10.OC} 8,939 1.800 500 12,408 12,408 18.285 1,596 2.106 181.9391 11.6961 16.0001 12.000 63.654 100 3.894 2,0 31.097 29.841 244.844 1127.6181 1127,618 99.942 33,256 568.358 Total funds 579.148 18
Jubilee Campaign Limited Detailed Stalement of Financial Activities for the Year Ended 30 April 2023 Restricted lunds Totsl 2023 Total 2022 0¢5ignated GnAI Incomè and Endowments from.. Donations and legacies lanalyse(I beb7Af} Investment income lanalysed below) Total irncorne 215.003 30.837 24S.840 5,360 251,200 262.688 220.363 30,837 262,765 ExPendIr¥ on.. Raisin9 funds18nalysed tow) Charitsble tltIeS lanatysed below) Total expenditure 28.597 47.751 76.348 28.597 175.369 203.966 128,5971 228.456 199.859 127.618 127.618 Net incomelleypenditurel Transfer5 behve8n lund5 lanaty5ed below) Net movement in funds 144.015 (96,7811 47,234 6,490 144.015 196,7811 47,234 6,490 Reeonciliatffon of lunds Total funds brought forward Tolal funds carried forward 128,016 128,016 419,656 3,671 31,091 65,690 578,763 625,997 572,273 578,763 Unrestricted funds General 21123 Total 2023 Total 2022 Investment Incorne Deptssit account inleresl 5.360 5.360 5.360 77 77 Urnstricted funds G•n•ral 2023 T<Jtal 2023 Total 2022 Raising funds Publiaty costs Wages and salaries Staff p8nsions (Oefined Contribut•1- pen( scheme 1 Wages and salaries {5.7691 15,7691 14,9521 22.828 128.5971 22,828 128,5971 22,8671 27.8191 19
Jubilee Campaign Limited Detailed Statement of Financial klNitie$ for the Year Ended 30 April 2023 Unfestri¢t•d funds G•nernl Restrlcled fvnds T¢>ial 2023 Total 2022 Charitable actlvlties Education aTrd awareness Resèarch and infomialK)n Lobbwng costs Grants payablè- instiluthins Grants payable- itItUtIOnS Grants payabl¢- in5titubons Grants paYab- inslltutions Grants payable- inslitutions Grants payable- in$titulion$ Grants payable- inslitub.ons Grants paydbl8- inslttutions Grants payable- inststuts.ons Staff training Local travell Insuranc8 T•l•phone and fax Sundry expens¢$ Printing, postag¢ aTrJ slatiery Intemèt subsuiptw)ns Legal and professional fees 14.4851 {5161 14.485} 14,4851 15161 14.4851 16.0001 181.9391 125.9831 12.0001 110.IX)01 11,6961 11CK)I {1221 13,932) 118} 13.916} 140.708} 11.0001 110.000} 111XII 1121,396} 16.8001 11,0001 11.0001 11221 1190} 1971} 15011 {1,0061 13831 11,4031 16561 11901 16.0001 181.9391 {25,9831 12.0001 110.000) 11.696} (1001 11221 11.227) 19)11 17811 11.2271 15011 17811 1785) 1569 185) 17851 15691 {851 Bank charges Pension scheme finance costs Depreclation of fixture5 and fittings Trustees remynerafron Indgpendent gxaminerfs fe8 13.011} 11,5651 14651 {27,8561 11.1981 47.7511 (3.0111 11.5651 14651 127.8561 1.198 175,369 11.9871 15881 13141 127,7251 2,550 1228,456 1127,618 UnrtrICI*d fvnds G•n•¢al Restrici•d funds Total 2023 Total 21122 Transf•r$ b•lw8on fund$ Funds- Transfof from anothèrlund Funds- Translef from an(Iher lund Funds- Transfer from an¢Xher lund Funds- Transfer from another lund Fund$- Transfer from another fund Funds- Transfer from anolher ftjnd Funds. Transfer frorn anolher frjnd Fund5- Transfer from anolhef fvn Funds- Transfer frorn anolher fund Funds- Transfor to another fsJ)d 21.355 21.355 28.513 492 8.118 93 11x1.209 1,150 1,000 1,000 8,939 8.939 63,654 3,894 2.000 63.654 3,894 100 100 99,942 99,942 99,942 140,575 99.942 20