Compary Registrati￿ NIX 07106448 (Er¥larnl aml Wales)
THE JESSICA MATHERS TRUST
IA cmipary limlted by g￿rartee1
REGISTERED CHARITY NO. 1133674
DIRECTORS, REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE JESSICA MATHERS TRUST
(A compary Ilmlted guarartee)
CONTENTS
Page
Legal and Administrative Informatlon
Directors, Refv
Independent Examiner's Report
staternent of Financial ActI￿1t1eS
(includin8 an Income and expenditure account)
Balance Sheet
Notes to the Flnancial Statement5
9-14

THE JESSICA MATHERS TRUST
IA c4Jmpary Ilmlted ty B￿ra￿e¢)
LEGAL AND ADMINISTRATIVE INFORMATION
Registered in England and Wales
awrlty Number
1133674
R¢8lsteved Offlc
Jessica's Heart
14 New King Street
Deptford
London SE8 3HS
Web51te Address
www.thejmt.co.uk
CLMnPary Nwnber
071(W48
TnLStees arnl Dlrectry5
Stephen mattr￿r5 - Chalr
Murphy Bettany {resigned 17 October 20231
Megan Brown Ire5i8ned 4 August 2023)
Amelia Cook
Samuel Hollin5
Anna Mathers
Jannet Mather5
Alexander Mansfield
Miranda Solly
Anna Mathers
Investment Advlser
Gemmell FlnarKial Service5 Ltd
9 Sandridge Park
Porters WrKxl
St Albans
HertfOrdShi￿ AL3 6PH
Banke
The CTroperative Bank
PO Box 250, Delf House
Southwav
SkElmersdale WN8 6wr
Independent Examlrnr
Ik)minique Wells FCA
10 Lakeswood Road
Petts Wood
Kent BRS IBJ
P38è 1

THE JESSICA MATHERS TRUST
(a ¢ompany Ilmlted by 8uaraTrts•)
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Dlrectors a￿ pkased to P￿sent their repor¢ together with the financial 5tstements of the Charty for the
period l January 2023 to 31 December 2023. which also represents the Trusteeg report that is required to be
p￿pa￿d under Part 8 of the Charlties Art 2011.
The Olrectors of the Charty are its Trustees for the purpose of charity law. as set out on page I, and throughout
the financial statements a￿ collectively ￿ferred to as the Trustees.
The financial statements have been prepared in accordance wlth the accountlng policies set out on pages 9 and
10 and wlth appllcable Unlted Klngdom accountlng standards, current statutory requirements, the Charlties Act
2011. the Companies Act 2(x)6. Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charitles preparin8 their accounts accordance with the Financlal Reporting Standard applicable
in the UK and Republk of Ireland (FRS 1021 leffective l January 20151 and the Charitys 8ovemin8 document.
Legal and adminlstrative infonmation set out on page I fonns part of this report.
Ob￿rtIVeS and Activltles (Including publk benefftl
The Je55ico Mathers Trust ("JMfi was founded in memory of Jesslca Mathers by her family Stephen. Jannet and
Anna. Jessica Mathers died in a road accident in 2007.
The objects of the JMT a5 stated in the Articles of Association are "specifically restricted to promote or carry otrt
such purposes which are charitsble in law accordin8 to the laws of En8land and Wales as the Trustees in their
absolute discretion from time to time think fit."
In furtherance of these charitable purposes. our aims are "Firstly to support people who are stru881ing with life,
particularly when thls is due to homelessness, a premature bereavement or the challenges of adolexence.
SeCor￿{V to help develop the local communty In Depfftird and to protect and sustain the wider natural
environment-
We have referred to Sertion 17 of the Charities Art 2011 and to the guidance contained in the Charlty
Commission's general guidance on public benefit when reviewing our aims and objectlves and in plannlng our
future activities. In particular, the Trustees conslder how planned actlvltles wlll contrlbute to the aims and
objectives they have set.
We continue to work prlmarily wlth Bench Outreach {Charlty No 1077933) that en8ages With homeless people In
the Deprford area, who we have 5UPPOrted from the start.
A¢hlevements and Perfornunce
The Jmfs main a55et1s Jessica's Heart, a building in Oeptford that we converted into four flats and a suite of
office5. We have supported 8ench Outreach by making the offices, meeting rooms and facilities available to
assist them in furthering their charitable purposes. Their lease has been rent-free and the JMT also pays for any
rates and all utiltties except telephone and internet bills. The meeting room Is also used by other charities when
avèilable. Bench Outreach's lease remains subject to one yea¢s notice of cancèllation.
Page 2

THE JESSICA MATHERS TRUST
(a company Ilrnlted by8uarantee}
DIRECTORS, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The flats on the upper floors are rented out to provide income to the JMT. Any rental income remaining after
the costs incurred in running the offices and the sum designated to cover maintenance and the long-term
upkeep of the building is available to further support Bench Outreach or any other charity whose airn5 are
consistent with those of the JMT.
Donations to the JMT have enabled us to become mainly a grant making charity and our desire is to make grnnts
of up to £1￿.0￿ a year to chosen beneficiaries.
Grants awarded duTlng the year fall broadly into four cate8ories:_
2023
£24.CXXI
£25.(MJ)
£31,2
£1,￿0
2022
£24,ClXI
£27.389
£23,200
£i,Ll))
omelessness
8ereavement
Other Ilfe challen
Environmenl
es
And Into three Beo8raphic re8ions:_
2023
£33.2Crf)
£13,S
£34.5(Xl
2022
£31,589
£10.51X)
£33,51XI
Local to De tford & SE London
Another location
Nationwide UK
The total grants made during the year were £81,2￿12022. £75,589) and a full list of reapients appears withln
Note 6 in the accounts.
Flnanclal Revlewand Reserve5 Polky
The result for the year is a deficit of £2.29512022: surplus £64,2991. Income from the rentsl of the flats plus
unrealised investment 8ains almost offset eypenditure on grants and expenses. The Investment property was
revalued durin8 the year, but Its value Is unchanged due to the flat property market12022.. £50,LXJ) increase).
There Is £393,940 12022: £393,940) in the unre5trlcted fund in relafjon to the unreallsed gains on the
investment property.
Flnandal St•tsments
Whilst all assets, with the exceptlon of Jesslca's Heart and the designated fund, are available to be dispersed in
grants. the policy of the Trustees Is to keep up to £50,￿) in cash and to invest any balan￿. Funds are invested
directty into a range of 'sustsinable' unit trusts on the James Hay platform. taking independent financial advice
from Gernmell Financlal SeNices Ltd, The portfolio shows a net 8aln for the year of £44,852 {2022: loss of
£110,367).
Durlng the year the Trustees declded to move the charlvs cash accounts away from Barclays Bank. After
revlew of suitsble altematlve banks, It wa5 decided to move to The Co-operatlve Bank.
Page 3

THE JESSICA MATHERS TRUST
(a company Ilmlted by Buarartee)
DIREcfoRS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The d￿rityS reserne policy is to carry a designated fund to cover maintenance and the lon8-term upkeep of
Jesslca's Heart. of which there Is £106.969 carried forward12022: £97.5741. Thi5 is deemed sufficient as the
are rninimal operating cost&
Plans for Future Perfods
Our first priority is to keep Jessica's Heart fully utilised and to make the Off￿e5 and meeting room a pleasant
environment both for vlsitors and those who work there. The current economlc crfsts has made it even more
difftult than usual for all charities, with extra demand for their servlces and sometimes fewer donations coming
in. We have been Tecelving an exceptionally large number of request5 for funding from excellent charilies and
are havin8 to be more selective in which we support. This year we again plan to give mainly to the charitles we
supported in 2023, but to redu￿ or suspend grants to la￿er well-funded charitles. The extra budget allocation
will allow us to consider a small number of new donations to other charitles that meet our alms and we wlll
concentrate thls mainly on charlties based In SE London.
stTuLturn. Gmrnano and Man•8emert
The Jessica Mathers Trust was establSshed as a company Ilmited by guarantee and re8iStered in En8land & Wales
on 16 December 2CNJ9. and is 8overned by Its Memorandum & Articles of Assoclatlon. It was registered with the
Charity Commlssion on 22 January 2010.
To date all the Trustees (who are Dirertors for the purposes of the Companles Act) have been recruited from
those who knew Jessica well and We￿ keen to celebrate in her memory. and also on the basis of thelr skills,
experience and their potential contribution to the or8ani5ation both currentfy and in the future. They have all
received copies of the charitvs governing documents and booklets publtshed by the Charity Commission on the
role and duties of trustees.
During the year Megan Brown and Murphy 8ettany decided to retlre as Trustees, but they remain a5 members.
We are very grateful to them both for the help and advice they have given over many years.
The thlrteenth annual general meetlng of the JMT was held on IS November 2023. According to the Articles of
Association of the JMT at each annual general meeting one-third of the Trustees must retire from office, with
the Trustees ￿tIring by rotatlon being those who have been lon8est office since thelr last appointment.
Retiring Tru5tee5 are eli8ible for re-appointment. Alex Mansfield and Anna Mathers so retired and both offered
themselves for rtrappolntment. Alex and Anna We￿ r&appointed unanimously by the members of the JMT.
All Trustees give their time freely and no Trustee remuneration was paid in the period. During the period
covered by this report the Trustees held onty one meeting. apart from the AGM. The strategic plan5 a
detemiined by the Board of Trustees with day-to-day running delegated to the Chalr of Trustees and the
Secretary. The JMT has no employees.
A Tnjstee Is entltled to be pald reasonable and proper remuneratlon for any goods or servlces supplled to the
JMT only rf it 15 permitted in actordance with. and subject to the conditions in, Section 185 of the Charities Act
2011. No conflicts of Inte￿$t have arisen and any confitcts of interest would be disclosed by the Trustees.
Page 4

THE JESSICA MATHERS TRUST
(a company Ilmlted by guarantse)
DIREcfoRS' REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees have conside￿d the major risks to which the JMT is exposed and have reviewed those risks to
establish Werns and procedures to manage those risks.
In particular the Trustees have obtained full buildings, occuplers and public liability insurance forjessica's Heart.
The Trustees consider thal a major risk to the charity is if any of the flats remain unoccupied for a prolonged
period and have a fvll servSce contract with Keatons, a London estste agent, to mlnimise this risk.
Trustees Rewnslbllltles
In preparin8 these accounts, the tru5tee5 are required to:
selett Suitable accountin8 policies and appty them consistently
make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards and ststements of recommended prnctlce have been
followed. subject to any materlal departures disclosed and explained in the financlal statement
prepare the financial statements on the golng concem basis unless it is inappropriate to presume that the
organisation will continue to operate.
The trustees are responslble for keepin8 proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the flnancial statements comply
with the Companies Act 21X)6. They are also responsible for safeguardlng the charitys assets and taking
asonable steps to prevent or detect fraud and breathes of law and ￿gulation.
So far as each of the trustees is aware, there 15 no relevant infonnation that has not been disclosed to the
charivs examlner and each of the trustees believes that all steps have been tsken to make her aware of any
relevant audit infomwtion and to establlsh that the examlner has been made aware of this infonnatlon.
By order of the Trustees
Stephen Mathers
2024
Page 5

THE JESSICA MATHERS TRUST
(a company Ilrnfted byAuarante¢)
INDEPENDENT EXAMINER'S REPORT
TO THE DIRECTORS OF THE JESSICA MATHERS TRUST
I report on the financial statements of the cornpany for the year ended 31 December 2023 a5 set out on pages 7
to 14.
This report is made solety to the charitws trustees. as a body, in accordance with the Sertion 145 of the Charltles
Act 2011. My work has been undertaken 50 that I might state to the charitvs trustees those matters l am
required to state to them In thls report and for no other purpose. To the fullest extent permitted by law. I do
not accept or assume responsibillty to anyone other than the charity and the charitys trustees as a body, for my
work. for this report. or for the opinions I have fomled.
The charivs trustees {who are olso the directors of the company for the purpose5 of company lawl are
responsible for the preparation of the financial statements. The trustees consider that an audit is not required
for the year under Section 144121 of the Charities Act 2011 (the '2011 Ace) and that an independent
examination Is needed.
Having satisfied myself that the charity Is not subject to audlt under company law and is eligible for Independent
examination. it is my responsibility to-
examine the financial statements under Section 145 of the 2011 Act".
> to follow the procedures lald down In the General Directions glven by the Charlty Commlsslon under
Sectlon 14515llbl of the 2011 Act: and
> to state where particular matters have come to my attention.
Bas15 of independent enminerf$ report
My examination was carried out in accordafice wlth the General Directions given by the tharity Commisslon. An
examination includes a review of the accounting records kept by the charty and a comparison of the financial
statements presented with those records. It also indudes consideration of any unusual item5 or disclosures in
the financlal ststements and seeking explanations from you as trustees concerning any such matters. The
procedures undertaken do not provide all the evldence that would be required in an audtt, and consequently no
opinion is 8iven as to whether the financial statements present a 'true and kir Vte￿ and the report Is limited to
those matters set out In the statement below.
Indepe*nt examinee$ statement
In connection wlth my examinatlon. no matter has come to my attention:
al whith gives me reasonable cause to believe that in any material respect the reqU1￿Ments.
to keep accounting records in accordance wtth Sectton 386 of the Companies Act 2(￿. and
to prepare financial statements which accord wlth the accountin8 records and to comply with the
accountin8 requirements of the Section 396 of the Companies Act 2(KJ6 and with the methods and
principles of the Statement of Recommended Practice: Accounting and Reportlng by Charities have
not been met: or
b) to which, in my opinion, attention should be drawn In order to enable a proper understanding of the
financial statements to be reached.
Chartered Accountant
10 Lakeswood Road
Petts Wood
Kent BR5 IBJ
Date: 22 107 / 2024
Page 6

THE JESSICA MATHERS TRUST
(A company Ilmlted ty 8uarantee)
STATEMEKf OF RNANaAL AcTI￿TIEs
Ilncludlng an Income and expendtture account)
FOR THE YEAR ENDED 31 DE￿mBER2O23
Unrestrlcted thnds
Notes
Totsl
nds
2022
General
2023
Deslgnated
2023
lunds
2023
Incon￿.
Donationsand legacies
Investment Income
other income
2,258
54,352
2,258
54.352
169.002
50.317
io
Tot4 I￿orne
56,610
56,610
219,329
Expenditure:
Expendltureon ralslngfvnds
E¥penditure on charitable
activitles
5,360
2,578
7,938
7,391
93,542
2,277
95.819
87.272
Totsl empendlture
98,902
4,855
103,757
94.663
r+let income/lexpenditure)
b￿o￿transfer$
Transfers betwew funds
142.292)
114,250)
14,855)
14,250
147,1471
124,666
Net income and not nwement
lftfundsbefore ￿nSaThd losfe5
on Inb•stments
6.542
9.395
7,147
124,666
Net 8ainson investment
property
Net gains/llosses)on listed
inVeStm￿t$
50.000
li
44.852
44,852
{110.367)
NetzaSns/O055es)on Investments
44,852
44.852
60.367
Net movement on funds
{11.6901
9,395
12,295)
64.299
Reconclllatlon olfvnds
Total funds brou8ht forward
2,432,175
97,574
2,529,749
2.465,450
Total fvndsczrrled forward
14
2,420A85
106.969
2.527A54
2,5Z9.749
Page 7

THE JESSICA MATHERS TRUST
(A company Ilmlted lry guarartee}
BAIANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note$
FIMd A4ets
Tangible assets
Investments:
Investment property
Programme related investments 10
Llsted Investments
li
1,170,000
661.088
678.085
1.170.000
661,088
558,233
2.$09,173
2.389.321
CurrentAssets
Debtors
Gish at bank and in hand
12
750
22,419
126.618
14,810
23,169
141.428
Cxedltor&' amountsfalling due
within one year
13
14,888)
1,000)
14,888)
(1.0001
Net ¢urr¢nt 3sfets
18,281
140,428
Total net assets
2.527.454
2.529,749
Represented by:_
Unrestricted incomefvnds:
General
0esi8nated
14
14
2.420.485
106,969
2,432,175
97.574
Totd funds
2.527.454
2.529.749
Forthefinancial year ended 31 December 2023 thecompanywas entitled to exemption from audit under Section
477 of the CompaniesA£t 2006 relatinBtO small companies.
Trustee< responsibilities
ril TheTrustees have not required thecompanyto obtain an audit of itsfinancial statementsfor the perlod in
question in ￿Cordancewith Section 476;
Ciil TheTrustees acknowledgethetr roponsibllltlesfor complying with the requirementsof thekt wlth respett
to accounting recordsand the preparation ofthefinancial statements.
underS￿tIon 454 oftheCompaniesAct 2006. on a voluntary basis. thetrusteescan amend thesefinanclal
statements if th￿ subsequently proveto bedefective.
Thesefinancial statements have been prepared in accordance with the special provi*ons relating to small
companieswithin Part 15 of theCompaniesAct 2006 and with the Financial Reportin8 Standard applicable in the
UK and Republic of Ireland IFR5102).
Theaccountswere approved bythe Board on.....
. 2024 and signed on their behalf by:
Stephen Mathers
J￿net Mathers
Companyreglstered No. 07106488
Chxlty re8lstered No. 1133674
Page 8

THE JESSICA MATHERS TRUST
(A crnnpary Ilmlted lry Z￿ardrfteej
NOTES TOTHE FINANaAL STATEMENTS
FOR THE YEAR ENDED 31 DE￿MBER 2023
Accountlng pollcles
1.1 Baslsof prepar*lon
The charlty Isa public benefit entity.
Thefinancial statements areprepared underthe historical cost convention and in accordance wlth Accountln8
and Reporting bychaflties: Statement of Recommend￿1 Practice applicableto charities preparing their
accounts in accordance with the Fin4nci41 Reportingstandard applicable in the UK and Republic of I￿and
{FRS 102) (effective l January 20151- ICharitie550RP IFRS 10211, theCompaniesAct 2006 and the Financial
Rwrtingstandard applicableto UK and Republic of Ireland IFRS 1021.
Thecharity has taken advani4eof the exemption to prepa￿aStaternffit ofcash Flowsas per Update
Bulletin l of the Ch3ritySORP IFRS 1021 February 2016.
12 Income
ri) Donotions
Incomefrom sub5criptionsand donationsare Included in incomin8 resource5 in the period to which thLy
relate.
115} Income toxcredits recoverable on donations
Tax creditsare accrued when receivable by thecharity.
{iii) Giftsond intt7ngible income
Income from these sources 15 included in the period in which it is received and valued at a reasonable
e5timateofthevalue of the gift or service prowded.
Ilv} Investment income
Intere51 isinclud8J when recelvable bythecharlty.
Rent is accrued when receivable and represents incomefrom thecharftysinvestment propertles.
{vl Legacy Income
Entitlement istaken asthe earlier of thedate on which either= thecharity is awarethat probate has
been 8ranted, theestate has bw) Ilnallsed and notlftcation has been made by theexecutor{sl to the
charltythat a dlstrlbution wlll be made, or when a distrlbution is received from the estate. Receipt of a
Iwcy. in wholeorin part, isonlyconsidered probablewhen theamountcan bemeasured rdiablyand
thecharity has been notified of the executor'5 intention to make a distrlbution. Where legacies hw
been notified to thecharity. orthecharity isawareof thegrantingof probate, and the criteriafor
income recognition have not been met, then thel*acy istreated asa contin8ent a55et and disclosed if
materlal.
1.3 Expendlture
Expenditure in the statement of financlal actlvltlesare dealt wlth on theaccruals basis of accounting
and èreclassified asfollows:_
li) Expenditureon raisingfvnd5
This comprises all costs incurre(i by the charity relating tothe raising of fvndsto finance itscharltable
objectives.
Illl Expenditureon charitableoctivitie5
Thls compri5esErantsmade by the charity to in#ttutionsand support costswhich compriseall costs
asy)ciated with the runningof thecharity'soffice, and anyother costs not attributableto the above
heading&
IA Tan8lble fixed aSsets￿d depreclatlon
Tangible fixed as*tsare stated at cost less depreciatlon. Depreciation Is provided on all tangibleffixed assets
lotherthan freehold land)at ratescalculated to writeoff thecost lessestlmated residual value of each asset
over itsexpected u5eftJl lifea5 follows:
Office Equipment-25% strai8ht line
Page 9

THE JESSICA MATHERS TRUST
(A c(mpany Ilmlted by guarartee)
NOTES TOTHE FINANaAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 DE￿MBER 2023
Atl expensesof a capital naturebdow £l.000 are not capitallsed and areexpensed in the statement of
fin￿cial actlvltie& Tanglblellxed assetsare subject to an annual impairment rerflew.
1.5 In%*strnent propertles
Investment propertiesareaccounted for in accordance with the Financial Reportin8Standard applicable in the
UK and Republic of Ireland {FRS 102) (effective l January 2015)and thecharity'sgoverning docUrn￿t as
follow5:
No depreclation is provided in respect of Investment propertiesasthey are revalued annually. Unrealised
gain5and10$5e5 on rvialuation of the investmentsare included on the face of thestatement of Financlal
tivlties lincludingan incomeand expenditureaccount).
Thetreatment as regardsto the company's Investment propertie5 may be a departurefrom the rLNuirements
of the Companies Act 2006 concerntngthedepreciation of assets HOw￿er. these propertlesare not held for
consumption but invertment and the directorsconsider that systematic annual depreciation would be
inappropriate. The accountln8 policyadopted istherefore necessary to 8ivea trueand Pdirvie4V. Depreclatlon
or amortisation isonly oneof manyfactors refiected in theannual revaluation and theamount which
otherwise have been shown cannot beseparalely identified or quantified.
1.6 Pro8r•nme related Investments
Programme related Investmentsarestated at cost lessany Smpairments. Programme relatal Inv￿tM￿tSare
bject to an annual impairment review.
1.7 Llsted In￿*ments
Listed Investments are stated In thefinanclal statementsat fairvalue. Rthlised 8ainsand los￿ on the sale of
investmentsarecalculated asthedifference between thesaleproceedsand theori8inal cost. Unr￿115&j
gains and lossesare included on the faceof theStatL¥nent of Financlal ktivltles Ilncluding an income and
expenditureaccountl. Llsted investmentsare held primarilyto provide an investment return for the charitv.
IJ Fund$
General fundsareavailablefor use at thediscretion of thetrUSt￿In furtheran￿ of the8eneral objectivesof
the charlty.
Designated fijnds are unrestricted fvndswhich havebeen set asidebythetrusteesfor a specific purpose. The
purposeand useofthe designated fundsare in relation to the maintenanceand the longterm upkeep of the
buildin8. Tran5-fersare madeto thedesignated fvnd from thegeneral fvnd to cover desi8nated expenditure
where necevAry.
Anyfunds receivabledur5ng the relevant accountin8year but not utilised arecarried forward aspart of the
total charity fvnd&
IJ Debtor5and credlto
Tradeand otherdebtorsare recognlsed at thesettlement amount due after any tradedlscount isoffer•J.
Prepayments arevalued at the amount prepaid net ofany discountsdue.
c￿litOrSand provisionsare reco8nised wherethecharfty has a present obligation resulting from a past event
that will probably result In the transfer of fvndsto a third party and theamount dueto settlethe obligation
can be measured or estimated reliably. Creditorsand provi4ons are normally recogni5ed at their settlema)t
amount afterallowingforanytrade discounts due.
Page 10

THE JESSICA MATHERS TRUST
(A company Ilmlted by guardrrtee)
NOTES TOTHE FINANaAL STATEMENTS (coNfiNUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
2 D0n*lons￿d le8xles
2023
2022
Donations receivable
Incometaxcredits recoverable on donatiOnS
Le8acy
2,980
278
{I,0001
43,719
10.567
114,716
2.258
169.002
Thele8atyisfrom Mrsjohènnafjoonkwhodled on 2 July2022.
3 Inv¢*meTht In¢om•
2023
2022
Rental income
Interest rec￿Ved
53,400
952
50.300
17
54,352
50.317
4 tspendlture on charltable actl¥ltles
2023
2022
GrantslNote6)
Support C05t5 (Note 51
81,200
14,619
75.589
11,683
95019
87.272
5 ￿pPOrt¢0￿$
2023
2022
Independent eAaminer'sfEe
Insurance
Utilities
Kitchen
Rates
Sundry
1,000
971
4,498
3.432
131
169
1,336
6,294
1,950
1,371
391
Fe￿- DesgnataJ fijnd
2,277
1.482
14.619
11.683
Thesupport costsari5e prlmarily in relatlon to the rental activity.
Page 11

THE JESSICA MATHERS TRUST
(A Ilmlted by S￿rantee}
NufES TOTHE FINANaAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DE￿MBER 2023
2023
2022
Bench Outreach
Good Grief Project
Childhood Eye CancerTrust
Inquest
Joshuaorphan & Communltycare
2000 Communityktion Centre
Alice's Escape5
AHOYCentre
Brake
Road VictimsTrust
Survivorsof Bereavement bysuicide
Athdon Jazz kademy
Arts Emergency
Bede Hou%n8Association
Dltch the Label
EntdechyArts
Forest of Avon
Insight
Lewls-mannlng Hosplce Care
Lighthouse Supportingwomen through 5tormytimes
Living Paintin8S
LullabyTrust
Rising Sun
Saft Famllies
SupportLine
TheHarbour
TLC Foundation
Young MindsTrust
Papyrus
Other
24,000
12,000
5.000
5,000
5.000
24,000
12.000
3,000
2.000
2.000
1.500
i.soo
1,200
1.000
1.000
1.000
1.000
1,000
1.000
1,000
1.000
1,000
1,000
1,000
3,000
2,000
1,500
1,500
1,200
1,000
1.000
I,O(M)
I,o(hJ
1.000
1,000
1,000
1.000
389
81.200
75,589
7 Trustee¢ remuner*lon.trustee< benefftswd staff Costs
Therewere no employee5 duringthe current or prior apart from theTrustees and secretary, noneof whom
received any remuneration. No trustees12022: nil) had expenses reimbursed during the¢urr￿t or prior year.
8 T•Wble fixed assets
Ihllce
F4uipment
Cost 8sat l January2023 and 31 December2023
6,311
DeprLriation asat lJanuary2023 and 31 December2023
6.311
Net bookvalue asat 31 December 2022 and 31 DLrember 2023
Pa8e 12

THE JESSICA MATHERS TRUST
(A crynpany limited ty guardrtee)
NOTES TOTHE FINANaAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DE￿MBER 2023
9 Ints*stment property-freehold
Valuatlon asat l January2023 and 31 December2023
1.170.000
The dI￿tOrSC0n$iderthe valuation of the investment propertyto have remalned unchanged. Thedirectors
considerthisvaluation to beaccurateand to refiert thecurrent market value asat 31 December 2023.
C*erntln8 lease$as lessor
The charity l&sesout fourflats under separate 12 month a￿ured tenancy agreementsthat may include a
break clause. Thefuture minimum lease payments all with oneY￿r. are as follows:_
31 Decembw2023
31 Decwnber2022
21,950
21,350
Atthough the risksassociated with the ri8htsthat theJMTretains in underlying assetsare not considered to be
Si8nificant, theJWattemtPS to minimi5eth05e risks by ensuringthat all contractsinclude clauses requiring the
le55eeto compensatetheJl¥rrwhen a property has been subjectol to damageor excesswear and tear during
theleaseterm.
10 prow￿rne related Investments-freehold
Costasat lJanuary2023 and 31 December2023
661,088
Theprogramme rdated invertment isthe officespace provided to Bench Outreach and is included at cost In
thefinancial statements.
11 Ust•d Investments
2022
2021
At lJanuary2023
Hlstorical cost
497.421
497,421
Fairvalue
558.233
668,600
PLqUi5itions * cost
75,000
Unrealised gains/l105ses) on rerfaluation
44,852
1110.367)
Falr value at 31 December 2023
678,085
558,233
Page 13

THE JESSICA MATHERS TRUST
(A ¢ompary Ilrnlted lry guarantee)
NOTES TO THE FINANaAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DE￿MBER 2023
12 Debtors
2023
2022
Prepayments refvnds and accrued income
750
126,618
13 Cr¢dltow* amountsfallln£due wlthln one year
2023
2022
cruals
4,888
1,000
14 Anay4sof netassets bet￿en fvnds
Unr•strfrted funds
Total
unrestrlcted
fvnds
General
De514nated
Fund balancesat 31 December 2023 are represented by:
Investments
Current assets
Llabilities
2,402,204
23.169
{4.8881
106,969
2,509,173
23.169
14.8881
Total a*ets
2,420,485
106,969
2,527,454
15 Taxatlon
Thecharltablecompany lsa re8iStered charity and is8enerally exempt from Incometax and capital gains tax.
IrrKoverableVATis includoj in thecost of those Itemsto which it relate5.
16 Related partytrawtlons
Durlngtheyear, the charity made total donationsof £24,00012022: £24,000}to Bench Outreach, a reglsteroj
charity.
Stephen Mathers wasatrustee ofthis charity at the beginnningof thlsfinancial pertod. but resigned on
21 Feb¥uary2023.
Thetotal a88regateamount received from rdated partieswith no conditionsattached was£ll,0001.
12022: £155.0471.
17 Control
There Is no ultimatecontrolling party.
Page 14