Jub1188 CampaKJn Charity Regislratlon number.. 1132442 Company Registration numbgr: 02842061 Jubilee Campaign (A company limited by guarantee) Annual Report and Financial Statements for the year ended 30 April 2024 *ADDV3 1611012024 COMPANIES HOUSE A14
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Jubllee Campalgn CONTENTS Page Reference and Admlnlslrative Delals Straleglc Report Twstees, Report 4t07 Slaternenl ol Twstees, Rèsponsiknlities Ind8p8nd8nt Eyamin8rfs Report Statement of Flnanclal Actlvltlas 10 Balance Sheet 'Notes lo the Financlal Ststements 121020
Jubllee Campalgn Reference and Administrative Details Trustees Professor R. Hanspal Mrs S. R. Horowilz M. V. Kumar D. Smilh R•9lster0d Offlce Suite A 82 James Carter Road Mildenhall Suffolk IP28 7DE Indepondont Examlner Black And White Charteréd Certifi8d Accountants 2-3 Stable Court HerrSard Park Herriard Hampshlre RG25 2PL Accountants Black And White Chartered Certified Accountants 2-3 Stable Court Hernard Park Harriard Hampshlre RG25 2PL
Jubilee Campaign Strategic Report for the Year Ended 30 April 2024 The Iruslees. vtho are dlrec.tors for the purposes of company law, present their strategic report for the year ended 30 April 2024, in compliance with $414C of Ihe Companies Act 2006. Flnanclal revknw Jubile8 Campaign Limiled's income for the year under review totalled £246,560 with an expenditure of £243,796 Direct aid grants for the year lolalled £147,955. As a charity. the trustees place great significance on the need lo be aware of the potential risks that the charity could face. The trustees intend to give careful consideration lo ensure that the financial systems and controls are in place- monitor the operallonal syslems and Inc¢Jrne and expenditure levels of the organisation,. exercise controls over decisions laken on projects and capital costs., ensure thal low overheads and appropriate administrative systems are in place th81 address Ihe governance requirements for the organisalion. We place th8 regard on financial accountability and work towards Raising Funds The strategic report was approved by Ihe trusleos of thè charity on 0910812024 and signed on ils behalf by.. Trustee
Jubilee Campaign Trustees's Report The Iruslees. are directors for the purposes of company law. present the annual report together with the financial slalements of Ihe charitable company for tha year ended 30 April 2024 Our History David Alton MP (now Lord Alton of Liverpool) launched Jubilee Campaign in Parliament in 1987. Since then, Jubilee Campaign has been a force for good - children rescued, laws changed, tyrants challenged.. We started charitable activity in response lo urgent requests for practical help from our friends in Romania and the Soviet Union. In 1992 a charity (Jubilee Action) was established as a separate entity. When both organizations decided to work separately Jubilee Campaign registered as a charity. in 2009. and continued its strategic and dynamic work focusing on the ri9hts of children worldwide. Our Objectives and Strategy Jubilee Campaign alms to tackle the cause of injustice and has been successful at bringing real and lasting change for Children at Risk worldwide. We work in partnershlp with frontline organizatlons who are specialists In their field of influence; Iheir professionalism and leadership has b88n recognized both locally and internationally. As a result, this has increased our impact and ability to help vulnerable and at-risk children.
Jubilee Campaign Trustees's Report Achievements and Performance We have identified that education is the best way of ending poverty and exploitation in the developing countries and our focus now is on educational projects. The Philippines has been a magnet for sex tourists, while poor, uneducated children are al risk of trafficking and sexual exploitation from traffickers who prowl impoverished villages. Our support for The Jessica Smith Scholarship Fund offers a way out of poverty and exploitation for children like Josie. Our scholarship program paid for her to continue her studies. .1 am now in my fourth year of a bachelor's degree in Secondary Education because of this program. l am now close to achieving my dream of becoming a teacher." Josie aims to help educate her younger slblings and eam enough to support her parents. Over 200 children like Josie have been helped. The program is run by Fr Shay Cullen's Preda Foundation. In Zimbabwe. Jessie's House helps children Ilke Ariko who li)Jes alone wlth hls grandfather. Befor8 Jessie's Hous8 opened, food was scarce. Ariko was left alone for long stretches while his grandfather tried lo provide what he could. Now they both eat every day from Jessie's House Fam where Ariko's grandfather volunteers his agricultural knowledge, alrnost lost from years of devastating drought. Ariko attends Jessie's House Academy Infant School. Our support is helping to lift this remote village out of poverty and giving better life chances to its vulnerable children. In Zimbabwe, education can be life changing and everyday Jessie's House supports 160 children through its holistic programs In India, we continued our partnership with Bombay Teen Challenge, {BTC) and funded strategic projects to help Children at Risk. Over the last decades, the Jubilee Homes have provided a safe, family home environmenl for hundreds of girls from the red-light district and street children at risk of being trafficked Into Ihe sex industry, Chlldren at the Jubilee Homes are given high quality education at BTC'S Academy.
Jubilee Campaign Trustees's Report Reserves Pollcy and Risk Management The trustees regularly review the strategic and operational risks that the charity faces and have established polices in place to mitigate and moderate those risks. The trustees followed recommendations by the Charity Commission about charities that have beneficiaries who are dependent on them. As a result. the trustees decided to hold two to three years running costs as the charity's policy on resenies. The trusl8es believe this guards against potential risks the organization could face and strengthens its future sustainability and effectiveness. This policy gives confidence to our inlemats'onal partners as together we take responsibility for vulnerable children that we support. With prudent and careful budgeting, we have established a strong sustainable financial future through our fundraising campaigns. Our reserves include unrestricted funds which are held as part of our reserves policy to address any potential risks at a time of global economic uncertainty which could affect charitable donations to organizations such as ours. This could include the global financial crisis, the Ukraine war and the aftermath of the pandemic. Our reserves policy aims to strike a balance between protection from sudden drop in donations, while at the same time not holding funds for longer than necessary. We also consider using reserves for capital projects that could benefit children in our programs. In the pasl, our reserves have been called on for emergency funding when something is urgently needed and there isn't time to do any fundraising. We ensure that our reserves are invested in secure financial programs with the prolection of the FSCS guarantee by the financial services industry. Our reserves policy was strongly influenced by the Charity Commission's report entilled 'Charity resenies: building resilience,. We believe our careful managemenl of our reserves policy to mitigate potential risks strengthens the resilience of Jubilee Campaign to combat against unforeseen downturn in donations and provides a stsble and strong sustalnable future for the charily. Regulations We are members of the Fundraising Regulator and are committed to the standards and practice they have set out and do not outsource any fundraising activities. Our fundraising is based on developing strong relationships with our donors and consequently we have a loyal support base going back decades. We are fully compliant with all GDPR regulations are take care not to inlrude on an individual's privacy. Plans for Future Periods We carefully review our projects and campalgns to ensure that Jubilee Campaign can achieve its aims and objectives. Our development programs are long term and our reserves policy have been designed to ensure that we can maintain our support for the children who depend on us. We take up strategic issues and have launched national (and intemational) campaigns to protect the Rights of the Child. We remain at the forefront of raising awareness of children's rights abuses, while maintsining our important work in transformational aid projects. We intend to continu8 our partnerships in India. the Philippines and Zimbabwe to help Children at Risk.
Jubilee Campaign The annual Teport was approved by Ihe Iruslees of the charity on 0910812024 and signed on 0910812024 ils behalf by.. Trustee
Jubilee Campaign Statement of Trustees. Responsibilities The tru51ee5 (who are also the diredors of Jubilee Campaign Limited for the purposes of company lawl are responsible for preparing the Iruste8s' rrerport and the financial stateemenls in a¢TIdance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. Company law requires the trustees lo prepare financial statements for each financial year. Under company law the Iruslees must not approve the financial statements unless they are satisfied that they give a true and faiT view of the stale of affairs of the chantable company and of its incoming resources and application of resources, including ils income and expendilure, for that penod. preparing thes6 financial slalemonls, the trustees are requlred lo.. • select suitable accounting policies and apply them consislenlly., observe Ihe'methods an(J principles in the Charities SORP. make judgements and estimates that are reasonable and prudent.. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosad and explained in the financial statements., and prepare Ihe financial statements on the going concern basis unless It Is inappropriate to presume that the charitable company wlll conts'nue in business. The trustees are responsib18 for keeping adequate accounting Tecords Ihal are sufficient lo show and explain the charilable companws transactions and disclose wlh reasonable accuracy al any time the financial position of the charitable company and enable them lo ensure that the financial statements comply with the Companie$ Act 2006. They are also responsible for safeguarding the assets of the charllable Company and hance for tsking reasonable steps for the prèvention and detection of fraud Approved by the trustees of the charity on 0910812024 and signed on ils behall by.. Tru
Jubilee Campaign Independent Examinerfs Report to the trustees of Jubilee Campaign Limited I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 April 2024 which are sel OLtI in pages 8 10 19. Respective responsibilities of Irustees and examiner As the charity's trustees of Jubilee Campaign Limiled land also its directors lor the purposes of company law) you are rèsponsible for thé preparation of the accounts in aecordance with tha rèquiremènts of the Companies Acl 2006 ('the 2006 Act,). Having satisfied myself that the accounts of Jubilee Campaign Limited are not requlred lo be audited under Part 16 of the 2006 Act and are ellgible for independent examination. I report In respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (Ihe 2011 Act). In carrying out my examination I have followed Ihe Directions given by the Charity Commission under section 14515){bl of the 2011 AGI. Independent examlnerfs statomont Since Jubllee Campalgn Llmlted's gross Income betsveen £25,000 to £250,000 your axamSner must be a member of a body listed in section 145 of the 2011 Act. I confirm l am qualified to undertake the examinatlon because l am a memb8r of. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in Connection with the examination giving me cause lo believe.. 1. accounting records were nol kept in respect of Jubilee Campaign Limited as required by section 386 of Ihe 2006 Act: or 2. the accounts do nol accord wllh those records; or 3. the accounts do not comply with the accounting requlremenls of section 396 01 the 2006 Act other than any requirement that the accoulns give a 'lrue and fair view vthich is not a matter consid8r8d as part of an independent examination: or 4. the accounts have nol been prepared In accordance wlth th& methods and prlnclples of tho Statemenl of Recommended Praclice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no othef matters In conneclion wilh the examlnalion to which The annual report was approved by the trustees ol the charity on 0910812024 and slgned on Jon Mills Black And While Chartered Certiffied Accounlanls 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
Jubilee Campalgn Statement of Financial Activities for the Year Ended 30 April 2024 Ilncluding Income and Expenditure Account and Statement of Total Recognlsed Galns and Losses) Note Unrestricted funds Restrlcted funds Total 2024 Income and Endowments from: Donations and legacies Investment income 200,541 17,220 28,799 229,340 17,220 Total income 217,761 28,799 246,560 Expendituré on: Raising Funds Charitable activities (31,019) (64,822) (31,019) (212,777) (147,955> Totsl expendlture 95,841 (147,955) (243,796 Net Incomel(expendiluro> Translef8 be88n fund$ 121,920 (122,829) (119,156) 124,218 2,764 1,389 Net movement In funds (909) 5.062 4,153 R•conclllatlon of funds Total funds brought forward 591.745 590,836 34,252 39.314 625,997 630,150 Note Unrestrlcted funds Restrlct•d funds Total 2023 In¢om• and Endowmonts from: Donations and legacles Investment income 215,003 5,360 30.837 245.840 5,360 Total in¢ome 220,363 30,837 251,200 Expenditure on: Raising funds Charitable actlvllles (28,597) (47,751) (28,597) (175.369) (127,618) Tolal expenditure (76,3481 (127,618) {203,966) Nel incomel{expenditure> Transfers beeen funds 144.015 (99,942) {96,781) 99,942 47,234 Nel movement in funds 44.073 3.161 47.234 10
Jubllee Campaign Statement of Financial Activities for the Year Ended 30 April 2024 Ilncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Reconciliation of funds Total funds brought fop•¥ard Total funds Carried fop•¥ard 547.672 591.745 31,091 34,252 578,763 625,997 10
Jubilee Campaign Balance Sheet as at 30 April 2024 Notes 2024 2023 Current assets Cash at the bank and in hand 632.040 627.797 Creditors: amounts falling Raising Funds 10 (1.890) {1,800> 630.150 625,997 Net Ass•ts 630.150 625,997 Funds of the charity: Restricted income funds Reslricted fvnds 39,314 34,252 Unrestricted Income funds Unreslricled funds 590,836 591,745 Total funds 630,150 625,997 For the financial year ending 30 April 2024 the charity was enlilled lo exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, rosponsibilities.. Thè members have not requlred the charity to oblaln an audit of ils accounts for the year in question in accordance wilh section 476., and The directors acknowledgè their responsibilities for complwng Wlth Ihe requirements of tha Act with respect lo accounting records and the preparation of account8. These accounts have been prepared in accordance with the provisions applicable to companies subject lo the small companies regime. The financial $tstemènls on p8g8$ 8 10 19 were approved by the trustees, and authori$ed for issue on 0910812024 and slgned on their behalf by: Mrs S R Horowitz Tfuslee
Jubilee Campaign NOTES TO THE FINANCIAL STATEMENTS 1 Charity status The charity is limited by guarantee, incorporated in August 1993 , and consequenlly does not have share capital. Eacl the trustees is liable lo contribute an amount not exceeding £Nil towards the assets of the chanty in the event of liquidation. The address of its r89iStered office is.. Sulle A 82 James Carter Road Mildenhall Suffolk IP28 7DE 2 Accountlng pollcies Summary of significant accounting poll¢i•s and key accaunting estimatos The principal accounting policies applied in the preparation of these financial statements are sel out below. These policies have been consistently applied lo all the years presented, unless otherwise statéd. Statement of compllance The financi81 slalements have been prepared in o¢¢ordan¢e with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applible in the UK and Republic of Ireland IFRS 102) {effectlV8 1 January 20151- {Charilies SORP (FRS 102)>. the Financial Reporting Standard applicable in the UK and Republic of Iieland {FRS 1021. They also comply with the Companies Act 21)06 and Chanlies Act 2011. Basls olpreparatlon Jubilee Campaign Limited meets the definition of a public benefil entity under FRS 102. Assels and liabilities are inillally recognised al historical cost or Iransa¢lion value unless olherwlse $laled in Ihe relevant accounting policy notès. Golng concern The InJslee$ consider Ihal Ihere are no material uncertainlies about the charity's abilty to continue as a going Concern nor any Signifrunt areas of uncertalnly that affect the carrylng value of assets held by Ihe charity. Exemptlon from preparlng a cash flow slatemenl The charity opled to earfy adopt Bulletin 1 published on 2 February 2016 and have therefore not Included cash flow slalemenl in these financial ststements. Income and endowments All incomè is racogniséd oncé th8 charity has éntitlem8nl lo th8 incom8, It is probablè th81 thé incom8 wlll be received and the amount of Ihe income receivable can be measured reliably. L)onations and legacies Oonalions are re¢o9nised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entiled lo the funds, the income is deferred and not recognised until either those conditions are fully met, or the fvlfilment of thos8 conditions is wholly within the control of the charity and il is probable that these condilions will be fulfilled in the reporting period. 12
Jubilee Campaign NOTES TO THE FINANCIAL STATEMENTS Investhient income Dividends are recognised once the divldend has been dedared and notification has beèn feceived of the dividend due. Exp•nditure All expenditure is recognised once there is a legal or ¢onstru¢live obligation lo Ihal expenditure. il is probable settlement is requirèd and the amount can be measured reliably. All cosls are allocated lo the applicable expenditure heading that aggregate slmilar costs lo that category. Where costs cannol be directly attributed lo particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on thè basis of lime spent. and depreciation charges allocated on the portion of the assel's use. Other support costs are allocated based on th& spread of staff costs. Raising funds These are costs Incurred in attra¢ling voluntary income, the management of Investments and those incurred in trading acts'vities that raise funds. Charttabl• aetlvltl•$ Charitable expendllure comprises those costs incurred by the charity in the delivery of 113 acllviligs and Services for its b8neficiaries. It includes both costs that can be allocated dlreclly lo $u¢h activities and those costs of an indirect nature necessary lo support them. Grant pmvisions Provisions lor grants 8re made when the intention to make a grant has been communicated lo th8 rècipient bul there is uncertalnty about ellher the tlming of the grant or Ihe amount of grant payable. Support costs Support costs include central functions and have been allocated lo activity Cost categories on a basis consistent with the use of resources. for example. allocating property costs by floor area$, or per capila, staff costs by thè time spanl and other ¢osts by th8ir usage. Govern•ne• eosts These include the costs attributable lo the charivs compliance with constitutional and statutory requirements, Including audit, strategic management and Iruslees, meetings and reimbursed expenses. Taxallon The charity is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charilable company for UK corporation lax purposes. Accordingly. the charty is potentially exempt from laxalion in respect of income or capital gains received wthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Char9eable Gains Act 1992, to Ihe extent that such income or galns ara applied exduslvely to charitable purposes. Tan9ible fixed ass•ts Individual fixed assets costing £0.00 or more are initially recorded al cost, less any subsequent accumulated depreciation and subsequent a¢¢umulated impairment losses. 13
Jubilee Campaign NOTES TO THE FINANCIAL STATEMENTS Amortisation Amortisalion is provided on intangible fixed assets so as to write nff the cost. less any estimated residual residual value, over their expected useful value. over their expected useful economic life as follows.. Asset class Database Amortlsatlon method and rnte 20•A on cost Dopreclatlon and amortl$•llon Oeprecialion is provided on tangible fix8d assets so as lo write off the cost or valuation. less any estlmated economic lile as follows: Asset class Fixtures and fittin9S Depreciation method and rate Cornputers-33Q/o and Others-25¥0 on cost For•ign •xehanqe Transactlons in foreign currencies are Corded at the rate of exchange at the date of the transaction, Monetary assets and liabilities denominated in foréign currències al the balance sheet date are reported al the rates of exchang8 prevailing al Ihal dale. The results of overseas operatlons are translated at the average rates of exchange during the perlod and their balance sheets al the rales rulin9 81 the balance sheet date. Exchange differences arising on tfanslalion of the openlng nel assets and results ol overseas operations are reported in other comprehensive income and accumulat8d in equity lattribulèd lo non-controlling interests as appropriate}. Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for.. 1) exchange differences on trans8¢1ions entered into to hedge certain foreign currency risks (see above)., 2) exchange dlfferences arising on galns or10s6es on non-monetary items whlch are recognlsed In other omprehensive incomo., and 3) In the cas8 of the consolidated financlal statem8nls, exchange dlfferences on monetary items receivable from or payable lo a foreign operalion for which settlement is neither planned nor likely to ¢ur {Iherefore fomiing part of the ngl investrnenl in the foreign operation). which are recognisèd in other comprehensive income and report&d under equity. Fund sfru¢ture Unrestricted income funds are general funds thal are available for use at the tnjstees's discretion in furtherance of the objectives ol the charlly. Designaled funds are unreslrlcted funds sel aside for specifi purposes at the discretion ol the trustees. Restricted income funds are those donaled for use In a partlcular area or for specific purposes. the u88 of which 18 restricted to th81 area or purpose. Flnanclal Instruments Classification Financial assets and financial liabilities are recognised when the charity becomes a paty to the contractual prov15ions of the instwment. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that eviden¢es a residual interest in the assets of the charity after deducting all of ils liabilities. 14
Jubllee Campaign NOTES TO THE FINANCIAL STATEMENTS 3 Income fmm donatlons and legacies Gift aid received in the year was £10,131.35 Unreslrl¢t•d funds G•neral R•strlct¢d fund$ Tolal 2024 Total 2023 Donations and legacies.. Donations from individuals 200,541 200,541 28,799 28.799 229,340 229,340 245,840 245.840 4 Expendlture on ralslng funds •) Costs of g•neratlng don•tions and legacles Unrestricted funds G•neral Total Total 2024 2023 Wages and 8alarles Maikellng 8nd publicity 23,700 7,319 31.019 23,700 7,319 31,019 22,828 5,769 28,597 S Expenditure on charitable actlvities Unr•stricted funds Restrlcl•d Total 2024 Total 2023 Note G•n•ral lund• Charitable actlvllles Granl fvnding of activities Allocated support costs 6 Governance costs 19,464 282 11,S77 33,499 64,822 19.464 148,237 11,577 33,499 212,777 9,486 127,840 8,989 29,054 175,369 147,955 147,955 6 Analysls of governance and support costs Support Costs Unrestriclod funds General Total Total 2024 2023 Legal and professional fees Printing, postage and slalionery Télephone Inlerent subscriptions Local travel expensès Bank charges Pensions Insurance 135 135 85 3,867 1.320 684 1.289 3.235 1,278 232 3,867 1.320 785 781 569 1.289 3,235 1,278 232 1.227 3,011 1.565 501 15
Jubilee Campaign NOTES TO THE FINANCIAL STATEMENTS Wages Deprecialion of fixtures and fittings 8,700 463) 2n.277 463 465 8.989 11.577 7 Governance costs Unroslrlctod funds General Total 2024 Total 2023 Independent examlner fees Examination of the financial slalemenls Trustees remuneration and expenses 4,$94 4,594 1,198 28.905 33.499 28.905 33.499 27,856 29,054 8 Staff costs The aggregate payroll cogts were as follows: Staff costs during the year were: 2024 2023 Wages and salaries Penslon co$ls 23,700 1.278 24.978 22,867 588 23,455 Th8 monthly averago number ol persons {Includlng senlor management team> employed by the charlty during the year expressed as full tim& èquivalents was as lollows: 2024 2023 No No Number of trustees - charitable and lund raising Charltable acllvilies Fund ralslng and support 9 Taxation The charity is a re9islered charity and is therefore exempt from tsxation. 10 Cash and cash equlvalents 2024 2023 Cash on hand Investments Cash at bank 18 596.444 31,335 627.797 596.748 35,292 632,040 16
Jubilee Campaign NOTES TO THE FINANCIAL STATEMENTS 11 Credltors.. amounts falllng due wlthln one year 2024 2023 Accruals 1,890 1,800 12 Funds Balance at 30 April 2023 Balancè at 1 May 2022 Incoming resources Resources expended Transfers Unrestnct•d funds General General Funds A Deslqnated General Funds A Total Unreslrf¢ted funds 419,656 215,003 (28.5971 199,942) 506.120 128.016 547,672 5.360 220,363 147,751 } 76.348 85.625 591.745 99,942 Restrlct•d funds Zimbabwe Memorial Fund India Memorial Fund Phillippines Mmorial Fund General Projects Shared Memorial Fund India BTC India Asha Uganda Burma Refugee Families 4,628 65 1,061 1.600 500 996 (25,983} 21,3SS 18,483 18.548 (10,000) 8,939 200 1,800 12,408 13,404 18,285 1,S96 2,106 {81,9391 (1,6961 16,0001 12,0001 1127,6181 203.966 63,654 100 3.894 2.000 99.942 31,091 578.763 30.837 251,200 34,252 625,997 Total funds 8alanc• at Balance at Incomlng resour¢•s Resour¢os expend•d 30 April 2024 1 May 2023 Transfers Unrnstrl¢ted lunds G•n•ral General Funds A Designated General Funds A 506,120 200,541 {31,019) 185,269> 590,373 85.625 591,745 17,220 217.761 {64,822) 95,841 (37,5601 122.829 463 Total Unrestrlcted funds 590,836 Restrlcted funds Zimbabwe Memorial Fund 4,492 (27.802) 23,310 17
Jubllee CarnpaSgn NOTES TO THE FINANCIAL STATEMENTS India Memorial Fund Philippines Memorial Fund General Projects Legacy Fund Shared Memorial Fund India BTC India Him Jyoti School India Asha Uganda Bunna 18,548 61.25 1.141 18.609 110.000} 8,859 1,800 500 13,404 5,653 6,153 13,404 13,713 988 2,091 100 560 1100,763) 11.6401 16,000) (1,000> (750) 1147,955} 243,796 87,050 1653) 3,909 900 190 34,252 625,997 28,799 246,560 124,218 1,389 39.313 630.149 Total funds 18
Jubilee Campaign Detailed Statement of Financial Activities for the Year Ended 30 April 2024 Re$tri¢ted funds Total 2024 Total 2023 Designated General Incorne and Endowments from: Donations and legacies (analysed below) Investment income {analysed below) Total income 200,541 17.220 217.761 28.799 229.340 17.220 246,560 245,840 5.360 251.200 28,799 Expenditure on: Raising funds {analysed below) Charitable acllvilies {analysed below) Total expenditure 22,319 64,822 87.141 22,319 212.777 235,096 28.597 175.369 203,986 147,955 147.955 Net incomel{8xpenditure> Transfers beeen funds (analysed below) Net movemènt in funds 130.620 {119,156} 11.464 47.234 130,620 (119,156} 11,464 47.234 RKon¢lll•tlon of funds Total funds brought foThvard Total fvnds carried foThvard 128,016 128,016 563,671 694,291 65,690 184,846 625,997 637,461 578,763 625.997 Unrestrlct•d fund8 G•n•wal 2024 Tol•l 2024 Total 2023 Investment Income Deposit account interest 17,220 17.220 17.220 17,220 S,360 5,360 Unroslrl¢t•d funds General Total 2024 Total 2023 2024 Raising funds Publicity cost$ Staff pensions {Defined contrlbullon}- pension schem& 1 Wages and salaries (7,3191 {7.319) 15,769) 15,000 22.319 15,000 22,319 22.828 28.597 19
Jubilee Campaign Detailed Statement of Financial Activities for the Year Ended 30 April 2024 UnroStri¢t•d funds General R•slriet•d funds Total 2024 Total 2023 Charitable activities Education and awareness Research and information Lobbying costs Grants payable - inslitulions Grants payable - inslitulions Grants payable - institutions Grants payable - inslilutions Grants payable institutions Grants payable - Inslitulions Grants payable - institutions Grants payable - inslilutions Grants payable - inslilutions Staff training Local Iravelling Insurance Telephone and fax Sundry expenses Prinling, postage and slalionery Internel subscription5 Legal and professional fees {6.2741 {4,866) 18,324} (6,274) (4.866) (8,3241 (6,0001 (100.763) {27,8021 (1.0001 (10,0001 (1,6401 11601 1122) 17501 {4,485) 1516} (4.485) {6.000) (81.939) {25,983) {2.000) {10,000) {1.896) 1100) (122) {6,000) {100,763) {27,802) 11,0001 (10,000) 11,6401 11601 (1221 (750) {1,2891 1232) {1.3201 (1,2891 12321 (1,3201 {1.2271 1501) 1781 > 13.867) 1684) (1351 (3.8671 16841 1135) 1785) 1569) (85> Bank charges Pension Scheme finance costs Depreclalion of flxlures and fittlngs Trustees remuneration Ind8pendenl examlnerfs fee 13,235) 11,278) 463 128,905) 4,594 64,822 {3,2351 (1,2781 463 (28,9051 4.594 212,777 {3,011) {1,565) 14651 (27,8561 1,198 175,369 147,955 Unrestricted funds General Re8lri¢ted funds Total 2024 Total 2023 Transf•rs b•tw••n funds Funds - Transf&r from anolher fund Funds - Transler from anolher fund Funds- Transfer from another fund Funds- Transfer from another fund Funds - Transfer from another fund Funds - Transfer from another fund Funds - Transfer from another fund Funds- Transfer from another fund Funds - Transfer from another fund Funds - Transfer lo anolh6r fund 23,310 23,310 21,355 8.859 8,859 8,939 87,050 3,909 900 87.050 3,909 900 63,654 3,894 2.000 190 190 122.829 1,389 100 99,942 122,829 122,829 124,218 20