ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2022
JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE) COMPANY REGISTRATION No: 06972092 CHARITY REGISTRATION No: 1140206
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
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JULIAN CAMPBELL FOUNDATION (A COMPANY LIMITED BY GUARANTEE)
| CONTENTS | |
|---|---|
| Page 3 | Legal & Administrative Information |
| Pages 4 to 8 | Report of the Directors |
| Page 9 | Statement of Financial Activities |
| Page 10 | Balance Sheet |
| Pages 11 to 17 | Notes to the Financial Statements |
| Page 18 | Independent Examiner's Report |
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1140206 COMPANY REGISTRATION NUMBER 06972092 DATE OF INCORPORATION 24th July 2009 START OF FINANCIAL YEAR 1st August 2021 END OF FINANCIAL YEAR 31st July 2022 DIRECTORS AT 31ST JULY 2022 Jacqui Campbell Graham Jimpson John Henry Natalie Hyams (Resigned 28th December 2021)
GOVERNING DOCUMENT
Memorandum and Articles of Association incorporated 24th July 2009 As Amended by Special Resolution as Registered at Companies House 14th January 2011.
OBJECTS
The relief of young people with learning disabilities as the Trustees see fit in particular (but without prejudice to the generality of the foregoing) by: opening access to tertiary education for children and young with mental health issues including bi-polar disorder raising awareness of mental health with young people in the community (12 years to 19 years) supporting young people of secondary school age to complete their academic qualifications supporting young people with mental heath issues and their families.
REGISTERED ADDRESS
PRIMARY BANKERS
38 Willoughby Road London N8 0JQ Barclay Bank Plc 1 Churchill Place London E14 5HP
INDEPENDENT EXAMINERS
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS' FOR THE YEAR ENDED 31ST JULY 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of the Charities Statement of Recommended Practice (FRS 102).
Julian Campbell Foundation is also known as JCF and may be referred to as such throughout this report.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
JCF is a private limited company governed by its Memorandum and Articles of Association which is wholly based on the trust deed governing the charity, which is registered with the Charity Commission.
The overall management of finance is the responsibility of all the Trustees acting on the recommendations of the Chairperson, the Treasurer and the Secretary. The Trustees form the Management Committee, which meets at least quarterly.
Recruitment and Appointment of New Trustees
New Directors and Trustees are appointed by a resolution of the Directors passed at a special meeting of the Directors.
Induction and Training of New Trustees
Officers of the charity (Chairperson, Treasurer and Secretary) are elected by members at the Annual General Meeting and inducted by fellow Directors and Trustees and the Co-ordinator.
Organisational Structure
The Board of Trustees report to the Chairperson, who is appointed by the trustees to manage the day-to-day running of the charity.
Future Plans
At the moment, the charity is in the process of increasing its scope and reach for its project which started in 2022 due to the impact of the Covid-19 Pandemic on youth mental health. Further promotion of digital projects will be brought forward allowing the availability of face-to-face and online platforms to deliver their services. Currently, JCF continues to work in the poorest boroughs of London, including Haringey, Brent and Enfield. These areas have a high number of migrants and families with a high poverty index. ln addition, JCF will increase its scope and reach by supporting young people using digital platforms in other boroughs in London and the UK.
The Mood Mentoring digital project will continue to move into Enfield Schools and research findings published on the impact of the project on the lives of young people. ln addition, the Acting Up! Drama workshops will support young people at risk of exclusion in the London Borough of Enfield in addition to young people from 8 years old to 17 in schools with future plans to further promote Digital Acting Up! workshops to whole year groups in schools in order to positively impact the mental health and wellbeing of greater numbers of young people than the Mood Mentoring project alone.
Also, due to our successfully planned first event, the 'Youth Wellbeing Movement', in previous years, more online digital events will be planned to raise the importance of healthy minds and wellbeing within our teenagers and young people in the UK. This will be through planning around and promoting Youth Wellbeing Day, which promotes the importance of youth mental health especially in the teenage years.
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST JULY 2022
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Policies and procedures are constantly reviewed by the trustees. All new staff, volunteers and carers are required to obtain Disclosure and Barring Service certificates.
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
Objectives and Aims
The main objectives and aims of the charity are:
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to promote mental health and wellbeing in society, through provision of information and education.
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to work for the support of children, young people and other persons who are suffering from any type of mental distress or disorder.
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the support to be provided through mentoring and therapeutic drama workshops, as well as through training in mood mapping and mood management for both students and teachers.
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the charity aims to offer an alternative provision for school students to promote the importance of psychological wellbeing alongside meeting their standard educational needs. This intervention will enable the student to self-regulate and monitor their wellbeing, enabling them to succeed in their studies independently.
The trustees would like to thank all the Board Members, volunteers and service users who have given their energy and commitment to achieve JCF's objectives and would like to thank funders for their support. The trustees are also aware of the Charity Commission’s public benefit guidance which has been fully adhered to during the decision-making process.
Significant Activities
After a recent setback during this accounting period JCF has now started building up their team team and, has successfully started raising funds for current and future projects and has started recruiting new mentors to train as part of this. Also a volunteer psychologist, mentor co-ordinator and trainer to supervise the mentors with admin volunteers to monitor and ensure the project's success.
The growing social media team has enabled JCF's digital platform to increase its scope and reach, for use in further supporting parents, children and teachers' as well as forming links with other mental health services such as CAMHs (Children and Adolescents Mental Health Services) in London boroughs.
ACHIEVEMENT AND PERFORMANCE
Charitable Activities
Four products have been extremely successful when used with students and young people; our mentoring programme, our teacher training programme and our drama workshops and help line for young people. Also, our parents group has grown and provides informal support for parents over zoom twice a month. This year, these have been successfully moved onto digital platforms and JCF continues to increase its capacity, nationally and internationally.
The JCF Mood Mentoring Programme has been expanded to support children in schools throughout the London borough of Enfield, and the team continues to grow. All inventors are now trained digitally to support young people as well as supporting young people face to face in areas close to where we're based in the London Brough of Enfield.
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST JULY 2022
With the pandemic impacting an increase in youth mental health referrals from CAMHS, schools and parents, our Therapeutic Drama, Mood Mentoring, have been used successfully transferred to digital platforms and we provide face to face and online digital forms of access to suit the client.
Especially now more than ever, our young people, since the pandemic, have a greater need for outside intervention to assist them with balancing their own mood, thus allowing these young people a greater opportunity to succeed in their studies and to turn their lives around. We will continue providing our much needed services to enable us to carry through our mission statement as an early intervention organisation to support children, parents and teachers who have been impacted by the pandemic in addition to others who needed support prior to this.
Our teacher training programme has been also been moved to a digital platform and is being used to support teachers, helping them manage their emotional intelligence as well as supporting parents and their students through the pandemic. Because this intervention impacts greater numbers of young people than our mood mentoring programme, we will focus on increasing the impact of our reach within our target schools. This has been moved onto a digital platform and now work with 300 children and young people during each online event. JCF currently have a waiting list of schools wanting their services.
Our drama workshops were also applied successfully face to face during the summer of 2022 where we showed excited and enthusiastic children and young people from year 6 to manage their mood and take control of their wellbeing.
Our 'Acting up!' Drama workshops shows children and young people how mental health difficulties can be identified and overcome, using creative drama to help children understand their moods and emotional wellbeing in a safe, controlled space using sensitive topics that young people are dealing with today such as "body image", "confidence", " bullying", "impact of social media" and "relationships". Acting up! has been praised by the teachers at the Enfield school where it has taken place.
There has been an increase in numbers of the JCF Parents support group since the pandemic and it increases to grow in attendance; currently there are 20 parents that attend, compared to 2 or 3 when these sessions were offered face to face before the pandemic. JCF will continue to support parents and offer the Amazon published best selling book "Runs ln the Family" as a resource.
Fundraising Activities
The charity has continued to raise funds mainly due to the storm damage to the JCF base, which endured the premises unsuitable to work from in February 2022 onwards. Fundraising will continue to repair the damage to the JCF base to enable training of volunteers and support of young people to take place from autumn 2023.
At the moment, due to the success of the new website, promotion videos and literature (pamphlets and leaflets) we will continue to use this with social media to promote future events and raise funding.
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST JULY 2022
FINANCIAL REVIEW
Principal Funding Sources
The charity's principal funding sources are from unrestricted gifts and donations, private donations and fundraising through fun runs, the London Marathon and skydiving.
Investment Policy and Objectives
Under the Memorandum and Articles of Association the charity has the powers to invest in any way the trustees deem fit.
FUTURE DEVELOPMENTS
Since the Balance Sheet date the charity has further developed its fundraising strategy and services which are now available on line, thus providing hybrid services, a mixture of face two face and virtual fundraising.
The fundraising strategy will have a significant impact on the level of interventions on the mental health and wellbeing of a greater number of children and young people in a school and employment setting, thus creating more fulfilled lives. Numbers of suicides and self-harm will be reduced with young people having support with an opportunity to 'turn things round'. By providing intervention at this initial stage of their mental health difficulty, the probability of falling ill later on in life is significantly reduced. Also, the young people participating in this project will be able to manage their mental health and wellbeing throughout their lives, using the same mood management strategies developed in the mentoring programme.
Having its own premises now enables the training of mentors and teachers from a variety of schools in the UK simultaneously, which will have a greater impact in supporting the wellbeing of greater numbers of young people attending schools all over the UK. Also JCF could expand its alternative provision, providing intervention to enable each student to self-regulate and monitor their wellbeing, enabling them to succeed in their studies independently.
JCF are planning a youth awards ceremony for young people and volunteers who contributed to the improved wellbeing of young people during and since the pandemic in February 2024; JCF team members are currently speaking with young people who have received services and turned their lives around, in order to celebrate the impact of the services and intervention on the lives of young people.
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS' (Continued) FOR THE YEAR ENDED 31ST JULY 2022
Statement of Directors' Responsibilities:
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
a) select suitable accounting policies and then apply them consistently;
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b) make judgements and estimates that are reasonable and prudent;
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c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
d) state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements.
The Directors are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Directors are also responsible for the contents of the Directors' report, and the responsibility of the independent examiner in relation to the Directors' report is limited to examining the report and ensuring that on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
I approve the attached statement of financial activities and balance sheet for the year ended 31st July 2022 and confirm that I have made available all information necessary for its preparation.
Approved by the Directors on the ………….……………………………………………………………………………………………………
Signed on their behalf by Director ………………………………………………………………………………………………………………
Printed Name:
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JULY 2022
(Incorporating Income and Expenditure Account)
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations, Grants & Legacies 3a Investment Income 3b Activities for Generating Funds 3c TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generating Funds Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING/ (OUTGOING) RESOURCES Balance Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2021/22 2020/21 £ £ £ £ 32,117 - 32,117 62,013 - - - - - - - 1,026 32,117 - 32,117 63,039 53,585 - 53,585 69,386 815 - 815 1,230 54,400 - 54,400 70,616 (22,284) - (22,284) (7,577) 10,262 - 10,262 17,839 (12,022) - (12,022) 10,262 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 11 to 17 form part of these financial statements.
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31ST JULY 2022
| Note Fixed Assets Tangible Assets 2 Current Assets Debtors & Prepayments 7 Cash at Bank and in Hand 6 Total Current Assets Creditors:amounts falling due within one year 8 NET CURRENT ASSETS Creditors:amounts falling due in more than 9 one year TOTAL ASSETSless current liabilities NET ASSETS Funds of the Charity General Funds Restricted Funds 5 Total Funds |
Unrestricted Restricted Total Total Funds Funds 31-Jul-22 31-Jul-21 £ £ £ £ 572 - 572 763 - - - - 671 - 671 40,249 671 - 671 40,249 13,265 - 13,265 30,750 (12,594) - (12,594) 9,499 - - - - (12,022) - (12,022) 10,262 (12,022) - (12,022) 10,262 (12,022) - (12,022) 10,262 - - - - (12,022) - (12,022) 10,262 |
|---|---|
Directors' Responsibilities:
The Directors are satisfied that for the year ended on 31st July 2022 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 18.
The Directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
The Directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and if its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
Approved by the Directors on the ………….……………………………………………………………………………………………………
Signed on their behalf by Director ………………………………………………………………………………………………………………
Printed Name:
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2022
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the Directors are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2022
1. ACCOUNTING POLICIES (Continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.
Changes in Accounting Policies and Previous Accounts
There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Taxation
The charity is exempt from tax on its charitable activities.
Legal Status of the Charity
The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
Fixed Assets
These are capitalised if they can be used for more than one year, and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at Directors' best estimate of market value.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied per annum are as follows:
Fixtures, Fittings & Equipment
25% - Reducing Balance Basis
2. TANGIBLE FIXED ASSETS
| Cost 01-Aug-21 Additions Cost at 31-Jul-22 Depreciation 01-Aug-21 Charge Depreciation at 31-Jul-22 Net Book Value 31-Jul-22 Net Book Value 31-Jul-21 |
Equipment Total Cost 2021/22 £ £ 3,534 3,534 - - 3,534 3,534 2,771 2,771 191 191 2,962 2,962 572 572 763 763 |
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31st July 2022 : None
31st July 2021 : None
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2022
3. INCOMING RESOURCES
----- Start of picture text -----
Unrestricted Restricted TOTAL TOTAL
Funds Funds 2021/22 2020/21
£ £ £ £
a) Donations, Grants & Legacies
Gifts & Donations 32,117 - 32,117 62,013
32,117 - 32,117 62,013
b) Investment Income
Interest - - - -
- - - -
c) Activities for Generating Funds
Fundraising Income - - - 1,026
- - - 1,026
----- End of picture text -----
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JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2022
4. RESOURCES EXPENDED
| a) Charitable Activities Advertising & Publicity Depreciation Expenses Equipment Costs Insurance Costs Mentoring Costs Office Costs Photocopier Costs Repairs & Maintenance Staff Costs Telephone Costs Training Costs Travel & Subsistence Utility Costs Website Costs b) Governance Costs Independent Examiners Fee Legal & Professional Fees |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2021/22 2020/21 £ £ £ £ 3,423 - 3,423 4,553 191 - 191 255 - - - 3,297 - - - 482 66 - 66 307 591 - 591 2,195 786 - 786 1,572 10,000 - 10,000 - 34,969 - 34,969 43,112 2,320 - 2,320 2,380 834 - 834 7,800 45 - 45 619 360 - 360 720 - - - 2,094 53,585 - 53,585 69,386 800 - 800 750 15 - 15 480 815 - 815 1,230 |
|---|---|
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JULIAN CAMPBELL FOUNDATION (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2022
5. RESTRICTED FUNDS
The Charity held no Restricted Funds during this or the previous financial year.
6. CASH AT BANK AND IN HAND
| Cash at Bank and in Hand 7. DEBTORS AND PREPAYMENTS Sundry Debtors |
Unrestricted Restricted Total Total Fund Fund 31-Jul-22 31-Jul-21 £ £ £ £ 671 - 671 40,249 671 - 671 40,249 Unrestricted Restricted Total Total Fund Fund 31-Jul-22 31-Jul-21 £ £ £ £ - - - - - - - - |
|---|---|
8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Independent Examiners Fee Members Loans |
Unrestricted Restricted Total Total Fund Fund 31-Jul-22 31-Jul-21 £ £ £ £ 1,550 - 1,550 750 11,715 - 11,715 30,000 13,265 - 13,265 30,750 |
|---|---|
9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The Charity held no long term liabilities during this or the previous financial year.
10. NET ASSETS BETWEEN FUNDS
| Fixed Asset Investments Net Current Assets Long Term Liabilities |
Unrestricted Restricted Total Total Funds Funds 31-Jul-22 31-Jul-21 £ £ £ £ 572 - 572 763 (12,594) - (12,594) 9,499 - - - - (12,022) - (12,022) 10,262 |
|---|---|
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JULIAN CAMPBELL FOUNDATION (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2022
11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES
The Company is Limited by Guarantee (06972092) and is a Charity registered with the Charity Commission (1140206) and does not have a Share capital and has no income subject to Corporation Tax.
| Surplus / Deficit for the financial year Other Recognised Gains Balance Brought Forward Closing Funds at 31st July 2022 12. STAFF COSTS AND NUMBERS Gross Wages, Salaries & Fees Employer's National Insurance Costs Pension Contributions Employees who were engaged in each of the following activities: Charitable Activities |
TOTAL 2021/22 £ (22,284) - (22,284) 10,262 (12,022) TOTAL 2021/22 £ 34,969 - - 34,969 TOTAL 2021/22 10 |
TOTAL 2020/21 £ (7,577) - (7,577) 17,839 10,262 TOTAL 2020/21 £ 43,112 - - 43,112 TOTAL 2020/21 13 |
|---|---|---|
The Charity employees members of staff on a Self-Employed basis and is not liable for Income Tax and National Insurance payments and no members of staff received emoluments of over £60,000. (2020/21:None)
13. DIRECTORS AND OTHER RELATED PARTIES
During the financial period the Trustees of the Julian Campbell Foundation agreed to obtain an interest free loan from Trustee Ms Jacqueline Campbell required to cover the shortfall of income in order to further the Charity's objects.
The Charity's current loan liability is £11,715 (2020/21:£30,000) and the loan is an interest free loan and repayment is required once sufficient resources become available to the Charity. During the financial period the Julian Campbell Foundation repaid the £30,000 loan amount outstanding as at the 31st July 2021 and the currently loan liability outstanding is £11,715 as at the 31st July 2022.
No other payments were made to Directors or any persons connected with them during this financial period. No other material transaction took place between the organisation and a Director or any person connected with them.
16
JULIAN CAMPBELL FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST JULY 2022
14. RISK ASSESSMENT
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
15. RESERVES POLICY
The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees/ members of the Julian Campbell Foundation on the accounts for the year ended 31st July 2022 set out on pages 9 to 17.
Respective responsibilities of trustees and examiner
The Charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
Basis of independent examiner's statement
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report and I obtain written assurances from the trustees of all material matters.
Independent examiner's statement
In the course of my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in, any material respect, the trustees requirements:
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and
· to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities.
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS Date:
18