Jaffray Propety Solutions
{A Gompany limited by guarantee)
Trustees, Report and Financial Ststements
For The Year Ended 31 March 2025
Registered Company number.. 07249961
Regislerod Charity number.. 1143c￿2

Jaffrny Property Solutlons
Admlnlstratlve Infomiatlon
Trustees and Directors..
M¥ G Cumberland
Ms L Hendon
Mr C Lees
Mr M Weir
Registered offirE'.
The White House
39 Jaffray Crescent
Erdinglon
Birmingham
B24 8BE
Bankers..
Ltoyds Bank pl¢
293 High Street
West Bromwich
B70 8NA
Unity Trust Bank plc
Four Brindleyplace
Birmingham
B12JB
Auditors..
Malcolm Piper & Company Limited
Kingsnorth House
Blenheim Way
Birmingham
B44 8LS
Solicitors..
Ansons
Sl Mary's Chambers
5-7 Breadmarket Street
Lichfield
Slaffordshire
WS13 6LQ
Registered Charity numter..
1143062
Registered Company number..
07249961
Senior management team..
Ms L Hendon
Mr C Lees
Mr M Weir
Ichief Executive Officer)
IDireclor of Finance)
(Director of Estates)
Page 1

Jaffray Property Solution$
Strategic Report
About Jaffray Proporty Solution$
Jaffray Property Solutions Is a Company limited by guarantee and is also a Registe￿￿ Charity- The Charity
is a wholly ownerj subsidiary cornpany of Jafftay Cafe Society, whi¢h is also a Registered Charity.
Jaffray Care Society and ils subsidiary company I'the ChaTity"l are a leading fegional learning disability
Charity which can trace our origins back to 1990 when service5 for individuals with learning disabilities
began to move from hospitals and into the wider community. In the year lo 31 March 2025, we continued
to provide nursing care, residential care, supported living and community services.
Activltles and Objectives
The Charity provides high-quality personalised support and advice for people with various abilities and
health care needs. Our direct support servi￿$ encompass advocacy, health. education, housing, leisure
and employment, helping people live the lives they choose here and now.
The objects of the Charity. as stated within the Memorandum and Articles of Association, are to provide
housing, and associated amenities for individuals with variolts abilities and health care needs (including
people with learning disabilities, dementia, complex health care and acquired brain injuriesl that are in
necessitous circumstances.
Alms
Our aims are to provide the best health and social care service possible for those people with learning
disabilitses, autism, mental health, complex health care needs and dementia with the support of specially
trained and committed staff so that we'.-
Maintsin the privacy, dignty and indiv￿￿alIty of each Servi￿ user.,
Keep everyone safe.,
Respect service user's wishes and their right to personal choits over their daily care and support,.
Provide a caring nursing and Iherapeulic environment for each service user, welcoming and
encouraging famity and friends lo path'cipate in the care delivery.,
Create a caring and homely and person-centred atmosphere where the service user feels needed
and is able lo give a rneaningful ¢onlribulion to their ¢ommunity'.
Encourage personal growth, skills development, work related training and leisure interests ,'
Provide employment and training opportunities for local people.,
Ensure each service user is empowered lo make more informed decisions and participate as fulty
as possible in the everyday life of the community-
From the facilitses available to the standard of care provided, quality in every respect is a fundamental
aspect of the Charity's philosophy.
Vlslon and M1881on Statement
The Charity works in partnership with people with various abilities and health care needs to ensure they
receive a personalised. needs led, support service which is evidence based, outcome driven and promotes
rights, independence, choice and inclusion.
The Charity believes that people with various abilities and health care needs have a right lo live in ordinary
homes ￿n the community". independen15y, in their family home, in sheltered accommodation or in 8 stsffed
residential facility sharing the nghts, fa¢ililies and privileges of society.
Page 2

Jaffray Proporty Solutlons
Stratggi¢ Report Icontlnuedl
Essential Ethical Prfnciples
Our principles provide an overarching framework that guides our employees, decision making, good
judgement and conduct which provides assurance of'.-
Putting benefKtaries first.,
Integrity.,
Openness.,
R*ght to be safe.
We respe¢l every individLtal's dignity and rtghls to privacy and confi'dentiality. We commit to eliminating
any instances of sexism, gender inequality and other power imbalances that leave some people at fisk of
harm. We value, support and reflect diversity in our governing bodies, workforce and beneficiaries.
The Charity is a place where people's wellbeing and mental health are valued and prornoled, so that
anyone in our care, working in the ChaNty or eoming into contact with the Charity is encouraged to value
and invest in their own health and wellbeing.
Safeguarding Statemenl
Every person who benefits from, works for or comes into contact with the Charity will be treated with dignity
and respect, and feel that they are in a safe, trusted and supportive environment. The Charity has created
an inclusive organisatronal culture that does not tolerate Inappropriate, discriminatory, offensive or harmful
behaviour towards any person who works for, benefits from or comes into contact with the Charity. The
Charity has a robust safeguarding policy and safeguarding procedures that ensure peopte in their care are
safe and protected.
Governance
The Charity is commrtted lo mainlaining the highest standards of governance and has delennined that the
organisation should comply with the principles outlined in the Code of Govemance for Voluntary
Organisati'ons. which is approved by the Charity Commission. Ultimate responsibility for governance of the
Charity is entrusted to the Trustee Unitary Board made up of seven Trustees.
We are committed to using an open and Iransparenl reCrU￿Ment process. As set oul in the Memorandum
and Articles of Association, NOn-Ex￿Utive Trustees are appointed for a three-year term of office and can
serve tems in total. This can be varied if the Trustees unanimously agree that the skills provided by
a particular Non-Execulive Trustee are such that they could not be easily replaced and to do so would not
be In the best interests of the Charity or Trustee Board or the Charty's service users. The Trustees are
also our Companies Act Members.
We continue lo ensure that our governance processes and procedures and our corporate Structu￿ meet
all of the most current and appropriate Companies Act requifements.
As a charitable organisalion we have a high performing Board, consisting of a dNerse and complementary
range of people and skills. The Board is both dynamic and imaginative consisting of a diverse mix of
professionals required to maintain our organisalion's ongoing development objectives.
For new Trustees, the Charity has an induction programme which includes visrts to some of our setvices,
meetings with the Executive Team on our governan¢e, strategy, the role and duties of Trustees, Company
and Charity Law and the management of finances and risk. Further training and development is offered
individually or to the Board as required or requested. New Trustees are given Clear terms of reference.
role descriptions, governance documentation and the Charity handbook which outlines the main policies
and procedures of the Charity and the governance structure of the Charity.
Page 3

Jaffray Property Solutlons
Strat¢gl¢ Report Icontlnuedl
Ri¥k Management
The Charty has considered the rriajor risks lo which the Charity is exposed and has satisfied rtself that
systems and procedures are fv15y established in order to manage those risks.
Improvements and enhancements continue with regard to Data Protection and the GDPR legislation which
came into for¢e in 2018. Key areas have been addressed, and WOTk is in progress lo ensure full and
ongoing compliance across all the Charity's activities is maintsined.
The Charity has also adopted a robust Cyber Policy with the aim of alleviating, as much as is possible, the
threat lo the business of cyber-attacks. This approach includes continued upgrades to current sofvare,
additional staff training and insurance risk policies to include response, restoration, expense and business
interruption.
Management and Trustees
There are clear distinctions be￿een the role of Non-Execulive Trustees and the Executive Team. The
Board of Non-Executives delegates certain authorities lo the Executive Team in order lo run the
organisalion efficiently. Matters such as policy, Strategy and budgets are prepared by the Exeeutive Team
for consideration and final approval by the Non-Exeeutive Trustees, who then monitor the implementation
ofthese plans.
Publlc Beneflt
The Charity continues lo provide residential care, supported living and community services lo service users
who have various abilities and healthcare needs in Bimingham.
The principal activity of Jaffray Propety Solutions is the provision of housing and associated amenities for
people with various abilities and health care needs who a￿ in neces511ous circumstances.
Our annual Trustees, Report and financial statements allow us to show how our charitsble fijnds are spent
and sh¢)w the impact and benefits that this has on those using our servi¢es', either as direct service users
or in the Charity's inlerath'on with the wider community.
In shaping our objectives for the year and planning our activities, the Trustees have Consider￿ the Charity
Commission's guidance on public benefit, including the guidance 'public benefit". running a charity (PB2}°.
Statement of Public Benefft
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have
regard to the Charity Commission'$ general guidance on public benefrt, 'Chanlies and Public Benefit".
Jaffray Propety Solution's charitable objects are enshrined within its Memorandum and Articles of
Association and as such the Trustees ensure that the Charity's activities are carr￿d out for the publi¢
benefit through its strategic priorities. This is done primafily through the delivery of seryices aimed al all
those various abilities and health care needs.
Achlevoments and PerformaTrco
This section provides a comprehensive overview of our key achievements and perfomance over the past
year. 11 highlights the significant progress we've made in delivering on our strategic objeelives, outlines the
impact of our work on the communities and individua15 we serve, and details our operational and financial
perfomiance.
Page 4

Jaffray Property Solutlon$
Strateglc Report (contlnuedl
Operatlonal Highlights
A notable achievement this period is the appointment of our new registergj manager at Broadh'elds Lodge,
our Supported Living service. We are delighted lo annour¢ce that Wayne Hardiman, a professional with
many years, experience in the sector, has taken on this pivotal role. In a testament to his expertise and
dedication, Wayne will also be combining his new responsibilities with his existing position as our training
administrator.
We have successfully tran511ioned our IT servi￿$ and are now working closely with a new and more
personal provider, Core Team One. The shift has been seamless, ensuring Our operations remain efficient
and well-supported. In a similar strategic move post year-end, we have successfully transferred our loan
portfolio to Unity Bank plc.
In our ongoing commitment to sustainability, our homes undefwent a comprehensive environmental audit
in ¢ollaboralion with Aston University. The findings of this audit were instrumental in helping us to devise
a new green plan, which will guide our efforts lo reduce our environmental impact moving forward.
Our D1￿Ctor of Estates is delighted to report on the successfvl completion of bathroom ￿ftI[bIshmenIS al
our Parkfields Home, a lestsmenl lo the efficiency and dedication of the mainlen8nce team. This
achievement not only unders¢0￿ s our commitment to enhancing the client experien￿ but also inslils a
sense of pride in our collectrve efforts. Vvhile we continue lo prioritise inlemal fixtures, we are equally
committed lo maintaining the exiernal areas and gardens.
However, we are observing an overall increase in maintenance planning and improvement ¢osts across
the estste. Thi5 nse is primarily due to the increasing costs of subcontractors and materials in ￿Cent years,
necessitsling the implementslion of ¢areful cost control Measu￿5.
As we stn've to meet the expectations of both CQC and Local Authority inspection teams, who advocate
for continuous improvements, we all must play a part in ongoing cost conlroS. Our collective responsibility
in this area is crucial to our continued successes.
Embracing the Digital Age
Changes in technology have provided us with opportunities lo build on the innovations in our care homes.
We have now implemented a Person-cenlred Electronic Care Planning system, which allows for the
creation of accurate evidence of care and provide5 easily accessible dats.
We continue to use Your Hippo training software, a widety used e-learning and learning management
system in the care sector. This system has considerably improved our ability to deliver mandatory training
in a timely and focused manner. It has an inbuilt audit system and training matrix. enablin9 care managers
and our training administrator to quickty identify and fill training gaps.
The Charity now has a fully opefational new website {www.jaffraycare.coml, which not only serves as a
promotional tool but also tells the story of the Charity and what we offer.
We have also established very active Facebook and TikTok pages, which document all activit￿e5 and
important dates across the business. Families find this very informative and useful as an interactive way
to stay fully updated regarding community acb'vib'es. This digital presence works seamlessly with our new
quarterly newsletter.
As part of our ongoing commitment to delivering efficient, reliable, and secure digital services, we have
assessed the organisalion's wide-area ne￿Ork IWANI infrastructure. Previously, our sites relied on
expensive MPLS circuits, which are becoming In¢￿8$1ngIY outdated in a clou¢J-driven environment.
Following a full evaluation, we are progressing with the migration lo Software-Defined Wide Area
Ne￿OrkIng ISD-WANI. This change will provide significant strategic benefits, including enhanced end-lo-
end encryption and nehyork security, as well as data protection, which supports Complian￿ obligations
and safeguards sensitive information.
Cyber threats are on the rise globally, with ransomware, phishing, and supply chain attacks becoming
increasingly sophisticated. A focus on proactive security measures 15 therefore required. Our IT partner,
Core Team One, has Iransitsoned the Charity away from older services, reducing costs and simplifying
Page 5

Jaffray Property Solutlons
Strategi¢ Report {contiTru•dl
Cost of Living
Charity overhead$ have continued to increase, and we have renegotiated contracts with a number of our
larger suppliers to protect ourselves from significant increases. Increased prI￿S in the building sector have
also forced us lo reconsider some of our development plans.
Quallty and Regulatory
To ensure the Charity maintains an exceptional monitoring framework. Andrew Cowley, our Quality and
Audit Officer, is now responsible for the development, implementation, and monitoring of quality initiatives.
In 2024, we had several external quality audit inspects'ons by Local Authoritses and the Birmingham and
Solihull Integrated Care Boards. We scored very highly in all audits, obtaining Gold standard, giving them
reassurance that they are getting value for money and service users are receiving highquality care.
In preparation for regulatory changes, our managers were fully prepared for the implementation of the Care
Quality Commission's new Single Assessment Fr3mework in 2024. having already attended several
training sessions.
Structure, Gov¢rnan¢o and Management
Jafftay Propety Solutions is a Company limited by guarantee and therefore does not have a share capital.
The liability of members is limited and details of their guarantee are detailed in the notes lo the financial
stalemenls. The Company is also a Registered Charity and was founded in 2010.
The Charity has a plan in place lo identify and induct new TTuslees as and when they become aware of
IndÈviduals with an interest in our activities, or where it is perceived that a TTuslee with an additional skill
set, to complement those held by the current Trustees, is required.
Our commitment to governance has seen the continued overyiew and strategic management of operations
by the Board during the year. The Board meets regularly to review strategy, operational risks and
efficiencies and financial systems, prccedures and information to ensu￿ that there Is appropriate oversight
and critical appraisal of activities and decisions taken to achieve the Charity's objectives.
The Charity also maintains full Trustee Indemnity InsuranGe YthiGh ts provided by the parent undertaking.
Finan¢lal Revlow
A summary of the financial results for the year is given in the Statement of Financial Activities on p8ge 14
and the Balance Sheet on page 15.
Total income for the yearwas £82,76212024: £80,125) and total expenditure was £76,36212024-. £70,525).
Net Incoming resources for the year were £6,40012024.' £9,600).
The Charity has faced continued cost pressures in the last financial year, mainly dlte lo the ongoing cost
of living crisis. Charity overheads have spiralled this year, and we have renegotiated with a number of our
larger suppliers lo prote¢l ourselves as much as possible trom exposure to significant increases.
The financial challenges faced by all in the nol-for-pfofil sector, which continue to be exacerbated by the
longer lasting effects of the COVID 19 pandemic, have also continued lo affect this financial year for the
Charity. We continued to receive lower than anb'cipaled incremental fee uplifts from Birmingham City
Council this year for the majority of our core services.
We have, the￿fOre, had to eonlinue to have a tight focus and control over the operating costs and cash
flows of the business. Close monitoring and control of outlays and the implementation of innovative and
efficient care provi$ion and delivery lo our service usefs, has again resulted in the Charity reporting a small
surplus for the financial year
The Senior Management Team have continued to review and renegotiate supplier eontracts, which are
essential to secure addit￿nal and continued cost savings for the year ahead, especially In light of the
inflationary pressures caused by global economic and political factors and the irnpactofthe Ukraine conflict.
Their continued $u¢¢ess is down lo the level of dedication and care provided by our employees under the
leadership of our Chief Executive Officer and Director of Finance.
Page 6

Jaffray Pioperty Solutions
Strategic Report {¢ontinugd)
Re8eNes Poll¢y
The Charity has considered the level of reserves that they require in respect of future requirements. The
requirement of sufficient reserves can be summarised in three areas..
Assufftnce for residents that the Charity can continue to provide them with care and housing should
funding be delayed for an Individual or group of service users. The reserve requirement, in¢lLided
wthin our calculations, is based upon a minimum of approximately ￿e1ve weeks, resour￿$
expen¢Jed.
The Charity looks to develop this using their own intemally generated reserves rather than via
external borrowings so that the security of the Charity's existing residents is not put al risk.
The Charity retains its surpluses for future use in providing increased numbers of residential placements
and supported living options lo provide the first-class care that is in such demand for all ils servio users.
Total L*nreslricled reserves held as at 31 March 2025 amounted to £159.04512024'. £1 S2,6451.
Plans for Futurg Years
Slratogic Development
The Charity continues to develop as an innovative and forward-thinking organisation. We are working
towards a short-lerm commitment to devising a new development strategy that builds on our successes
and values while remaining true lo our central purpose.
This strategy will be based on a risk-assessed, intelligent approach, exploring various business scenarios.
Financial Prudence
Given the contsnued drfficult economic conditions and the challenges in securing funding, we continue lo
believe that protecting and growing the Charity's Teserves is a necessary, prudent, and advisable policy.
Fundralslng and Donor Engagement
A prin¢ipal priority is to increase our potential donor base wlh a view to raising funds from trusts and grant-
giving organisations. Over the next ￿e1ve months. we will prepare compelling cases for support for
potential new fundraising projects.
Given the strength of the Charity's ftjndraising messages and its excellent reputstion, we believe this could
become a significant source of income.
Estates and Environment
We intend lo maintain all Ouf facilities and environment$ to an extremely high standard.
We will continue to pursue opportunities for new projects by listening to the aspirations of people with
Complex health care needs and disabilities, their familÉes, our staff, and the needs of the community.
Approveikby th
22 October 2025 and signed on its behalf by..
G Cumberland
Trustge
Page 7

Jaffray Property Solutions
Trustèes Report
The Trustees, who are also D1￿CtorS of the charitable company for the pijrposes of the Companies Act,
present their annual report and the audited financial statements for the year ended 31 March 2025. The
Trustees have adopted the provisions of the Slalemenl of Recommended PTaclice {SORPI "Accounting
and Reporting by Charities" IFRS 1021 in preparing the annual ￿port and financial statements of the
Charity.
Trustees
The Twslees who held office during the year were as follows..
Mr G Cumberland
Ms L Hendon
Mr C Lees
Mr M Weir
A spe¢ifi¢ Health and Safety policy is in place and the Group and Charitable company's ('Ihe Charity'l staff
are Glosely involved in all operational and business risk assessments. The Trustees take this matter
extremely seriously and it is discussed at every Board Meeting as an Agenda item, where action plans are
reviewed and acted upon.
Tnjslees continue to attend governance conferences and Institute of Directors, events. Members of the
Board have also attended appropriate financial and opefatsonal training courses.
Trustees, R8spon$ibilitios
The Trustees (who are also Dire¢tors of Jaffray Property Solutions for the purposes of company lawl are
responsible for preparing the Trustees, Annual Report (including the Strategic Report) and the financial
statements in accor¢Jance with applicable law and United Kingdom AccoLtntin9 Standards (United Kingdom
Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year, which give a
true and fair view of the state of affairs of the Charity and of the income and expenditure of the Charity for
that period. In preparing these financial statements, the Trustees are required to..
select suitabie accounting policies and then apply them ¢onslStenlly',
ObSe￿e the methods and principles in the Charities SORP 2019 IFRS 1021.,
make judgements and estimates that are reasonable and prudent.,
slate whether applicab￿ UK Accounting Standards have been followed, subject to any matsrial
departU￿S disclosed and explained in the financial slatemenls.,
prepare the financial statements on the going concern basis unless rt 1$ inappropriate to presume
that the charitable company will continue In operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial ststernenls comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable steps for the prevention and detection
of fraud and other irregularities.
As far as the Trnstees are aware..
the￿ is no relevant audit information of which the Charity's auditor is unaware., and
the Trustees have tsken all steps that they ought lo have tsken to make themselves aware of any
relevant audit information and to establish that the auditor is aware of that Infomialion.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the Charity's website. Legislation in the United Kingdom governing the Pfepatation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Page 8

Jaffray Property Solutions
Trustees Report {continuedl
Ablllty incluslon for employe¢s
The Charity gives full and fair consideration to applications for employment from persons who are
physically, mentally or developmentally Impai￿d, where the requ1￿ment of the lob may be adequately
covered by such persons. With regards lo existsng employees who become physically, mentslly or
developmentally impaired during their employment, the Charity continues lo examine ways of providing
continuing employment under norrnal terms and conditions and to provide training, career development
and promobon where appropriate.
Employee involvement
During the year, the policy of providing employees with information att)ut the Charity has l)een continued
through internal media methods in which employees have also been encouraged to present their
Suggestions and views on the company's performance, achievements and developments in community-
based projects. Regular meetings are held betsveen local management and employees to allow a free flow
of infomiation and ideas.
Audltors
Malcolm Piper & Company Limited remained as auditors to the Charity throughout the financial year and
have indicated their willingness to continue in office.
Approved by.
d on 22 October 2025 and signed on ils behalf by..
erland
Trustee
Page 9

Independent Audltorf$ Report
to the Trustees of Jaffray Property Solutions
Year Ended 31 March 2025
OplnSon
We have audited the financial statements of Jaffray Property Solutions (the 'charitable company'l for
the year ended 31 March 2025 which comprise the Statements of Financial Activities, Balance Sheet
and notes lo the financial slatemenls, including significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in
Ihe UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice}.
In our opinion the financial statements".
give a true and fair view of the stale of the charitable company's affairs as at 31 March 2025, and
of the incomin9 reSoUr￿S and application of resources, including [15 income and expenditure, for
the year then ended.,
have been properly prepared in a¢¢ordance with United Kingdom Generally Accepted Accounting
Practice. and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
8a$is for opinion
We conducted our audit in accordance with International Stsndards on Auditing IUKI IISAS (UK)) and
applicable law. Our responsibilitses under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the charitable company in accordance with the ethical requirements that are relevant to our audit ol the
financial statement5 in the UK, iricluding the FRC'S Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained is Sufficient and appropriate lo provide a basis for our opinion.
Concluslons relatlng to golng con¢em
In auditing the financial statements, we have concluded that th8 Trustees use of the going concem
basis of accounting in the p￿ParatIon of the financial statements is appropriate.
Based on the work we have perfomied, we have not Klentsfied any material uncertaints.es relating to
events or conditions that, individually or colleelively, may cast significant doubl on the charitsble
company's ability lo continue as a going concern for a period of at least roonlhs from when the
financial statements are authorised for issue.
Our responsibilities and the responsibilitres of the Trustees with respect lo going concern are described
in the relevant sections of this report.
Other information
The other information comprises the information included in the Trustees, annual report, other than the
financial statements and our auditor's report Ihereon. The Trustees are responsible for the other
information contained within the annual report. Our opinion on the financial slalemenls d￿S not cover
the other information and, except lo the extent otherwise explicitty slated in our report, we do not
express any form of assuran￿ conclusion Ihereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financi81 statements or our knowle(Ige obtained in the
course of the audit or olhe*wise appears lo be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we a￿ required to determine whether this gives
rise to a material misslalemenl in the financial ststements themselves. If, based on the Wofk we have
performed, we conclude that there is a rnalerial misstatement of this other information, we are required
to report that fact.
We have nothing lo report in this ￿90rd.
fcontinued ...]
Page 10

Independent Audllorfs Report
to the Tru$tee$ of Jaffray Property Solutions {¢ontlnu•d}
Year Ended 31 March 2025
Oplnlong on othor mattors pro$¢rlbed by the Companios Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report lincorporating the Strategic Report and the Trustees,
Reportl for the financial year for which the financial slalements are prepared is consistent with the
financial slalemenls., and
the Strategic Report and the Trustees. Report have been prepared in accordance wslh applicable
legal requirements.
Mottors on which wg arg required to report by exception
In the light of our knowledge and understanding of the charitable company and its environment obtained
in the course of the audit, we have not identified material misstatements in the Strategic Report and the
Trustees, Report.
We have nothing to report in respect of the following Matte￿ in relation lo which the Companies Act
20[￿ requires us to feport lo you if, in our opinion..
adequate accounting records have not been kept by the charrtabte company, or retums adequate
for our audit have not been received from branches not visited by us.. or
the charitabte company's ffinancial statements are not in agreement with the accounting records
and returns.. or
certain discbsures of directors, remuneration specrfied by law are not made,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the Trustees, responsibilities statement set out on page 8 the Trustees (who
are also the Directors of the charitable company for the purposes of company lawl are responsible for
the preparation of the financial statements and for being satisfied that they give a true and fair view,
and for Such internal control as the Trustees determine is necessary lo enable the preparats'on of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to going
concem and using the going concern basis of accounting unless the Trustees either intend to liquidate
the parent charitable company or to cease operations, or have no realistic allernalive but lo do so.
Audito￿9 rosponsibilities for tho audit of Ihe financial slatements
We have been appointed auditor under the Companies Act 2006 and report in accordance with this Act.
Our objectNes are tr) obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fiaud or error, and to issue an auditor's report that
Includes our opinion. Reasonable assurance is a hi9h level of assurance, but is not a guarantee that
an audit conducted in accordance with ISAS IUKI will a￿ayS detect a material misslatemenl when it
exists. Misslalements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected lo influence the economic decisions of usefs taken on
the basis of these financial slatemenls.
[continued ...]
Page 11

Independent Audltorf6 Report
to th8 Trustees of Jaffray Propety Solutions (continued
Year Ended 31 March 2025
Irregularities, including fraud, are instances of nonryeompliance with laws and regulations. We design
procedures in line with our responsibilities, including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks that are applicable lo
Jaffray Property Solutions, { the Charity.) and detemiined that the most Significant are those
that relate lo the UK reporting framework under which the Charity prepares its accounts and
reports its results and the relevant UK lax compliance regulations. In addit￿n, we concluded
that there are certain signifunt laws and regulations that may have an effect on the
delerminalion of the amounts and disclosures in the financial statements and those laws and
regulations include those relatillg to health and safety, employee matters, environmentsl, and
bribery and Cofruption practices.,
Having due regard to ISA 240 (Redraftedl, The Auditorfs Responsibilities Relating lo Fr8ud in
8n Audit of FNnancial Slalements, we planned and designed our audit procedures to undertake
such enquiry and testing which we deemed neeess8ry to understsnd how the Charity is
complying with those frameworks. We made enquiries of the Trustees, senior management
and those responsible for legal and compliance procedures within the Charity and we
corroborated our enqui￿eS by reference to other doeumentary evidence, where available, or
other complimentsry or wmpensaling evidenee and with olt)er correspondence received and
noted that there was no contradictory evidence,.
In designing the scope and depth of our work to assess the likely impact on the financial
ststements of fraud and other Ir￿gUIanties, we calculate a materiality level wh￿h is
percentage based upon Iufnover, profitability and gross balance sheet assets. This calculation
produces a figure against which financial statement errors and irwularities are compared arsd
indicates a level al which, in our opinion and judgement, this would cause transactions and
balances within the financial statements to be misleading or materialty incorrect.
We also a5se$5ed the sus¢eptibility of the Financial Statements of the Charity to material
misstatement using qualitative as well as quantitative factors, including how fraud might occur,
and designed our audit testr'ng and enquiries in such a way so as lo enable us to identify the
fraud risks across various parts of the business. In addition, we utilised interna5 and external
information to perform a fraud fisk assessment as part of our audit planning and testing
procedures.
We considered the risk of fraud through management override of controls and systems and, in
response, we incorporated testing of large or unusual manual journal entries into our audit
approach. We also considered the possibility of fraudulent or corrupt payments made Ihfough
third parties and conducted detailed analytical review and subslanlive transaction lesling on
third paty suppliers. Where instances of unusual behaviour pallems were identified through
our lesling, we performed additional audit procedures to address each identified risk. These
procedures included lesling of transactions back to source information and were designed to
provide reasonable assurance that the financial ststements were free from fraud or error. We
also conducle(I specific audit procedures in relation lo the risk of bribery and corruptson by
means of review of any marketing, promotion OT discount activity determined by a risk-based
process",
Based on the results of our risk assessment we designed our audit procedures lo identify non-
compliance with such laws and regulations identified al)ove. Our procedures involved journal
entry testing, with a focus on joumals meeting our defined risk criteria based on our
understanding of the business and enquiries of the Charity's management., and
If any in$tsnce$ of non-compliance with laws and regulations were identified, the audit team
performed sufficient and appropriate audit procedures.
Because of the inherent limitatK)ns of an audit, there is a risk that we will not delecl all irregularities,
including those leading lo a material misstalemenl in the financial statements or non•compliance with
regulation. This risk increases the more that complianee with a law or r4ulalion is ￿mOVed from the
events and transactions reflected in the finan¢Èal statements, as we will be less likely lo become awa
of Instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud
rather than error, as fraud involves intentional ¢on¢ealment, forgery, eollusion, omission or
misrepresentation.
[continu8d .. ]
Page 12

IndopendeTrt Audftor's R¢port
to the Trustee$ of Jaffray Propety Solutions {contlnuedl
Year Ended 31 March 2025
A further de$cription of our ￿SponSibl11t1eS for the audit of the financial statements is located on the
Financial Reporting Council's website al.. w￿.frC.org.U￿aUdit0rsreSponSibil1Iie$. This description
fomis part of our auditor's report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter
3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken $0 that we might stale
to the charitable company's members those matters we are required to stale lo them in an audilols
report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's mem￿￿ as
a body, for our audit work, for this report, or for the opinions we have formed.
Petor Whltehead BA FCA
Senlor Statutory Auditor
For and on behalf of
Malcolm Plper & Company Limited
Klngsnorth House
Blenheirn Way
Blrmingham
B44 8LS
Dated. 22 October 2025
Page 13

Jaffray Propgrty Solutlons
Statement of Financial Activitie$
(Includlng Summary Ineome and Expenditure Account)
for the Year Endod 31 March 2025
2025
2024
Noto
Income from:
Charitable activities
Residenb'al care servios
Rentsl income from housing benefit
3,651
79,117
1,277
78,848
Total income
82,762
80,125
Expendlture on:
Charitable activities
Residential care costs
Support costs
59.103
17,259
54,239
16,286
Total expenditure
76.362
70,525
Net ineome and Net movement In funds for the year
6,400
9,600
Reconciliation of funds:
Totsl funds brought forward
at 1 April 2024 luniestri¢ledl
152,645
143,045
Total funds ¢arried forward
at 31 March 2025 {unro$tricted)
12
159,045
152,645
There were no restricted fvnds in the ¢Ltrrent finanual year.
All income and expenditure is derived from continuing activits"e5.
The Statement of Financial Activthes inclLKles all gains and losses recognised during the year.
The notes on pages 16 10 20 fom an integral part of these financial statements
Page 14

Jaffray Property Solutlons
(Rogistration number 07249961
Balance Shggt at 31 March 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
426,526
439,932
Current assets
Oebtors
10
94,744
64,631
94,744
64,631
Creditors.. Amounts falling
due within one year
11
1362,225)
13S1,918}
Net currnnt liabilitles
(267,4811
{287,2871
Total assets 1088 ¢urrent
Ilabllltles
159,045
152,645
Nel assgts
159,045
152,645
Total funds
12
159.045
152,645
These finaryG1aI-5t￿rn
its behgirtiy..
were approved and authorised for issue on 22 October 2025 and signed on
urnberland
Trusteos
MSL
en
The notes on pages 16 10 20 fomi an integral part of these financial statements
Page 15

Jaffray Property Solutions
Notss to the Flnanclal Statements for the Ygar Ended 31 March 2025
Accountlng Policies
Genernl Infomiation and Basls of Preparation
The Charity is a company limited by guarantee in England and Wales. The single member of
the company is Jaffray Care Society, a registered Charity110018851 which itself is a company
limited by guarantee 1025543671 in the United Kingdom. In the event of the Charity being
wound up, the liabilty in respect of the guarantee is limited to £1 per member of the Charity.
The address of the registered office is given in the Charity information on page 1 of the financial
slatemenls. The nature of the Charity's operations and principal activits.es are detailed in the
Strategic Report on page 2.
The Charity constitutes a public benefit entity as defined by FRS 102. The financial slaterrenls
have been p￿pared In accordance with Accounting and Reporting by Charities. Slalement of
Recommended Pffj¢tice {SORPI applicable lo charities preparing their accounts in accordance
with the Financial ReportE'ng Standards applicable in the United Kingdom and Republic of
Ireland IFRS 1021, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted
Pra¢lbce as it applies from 1 January 2019.
The financial statements are prepared on a going concem basis under the historical cost
convention.
The financial statements are prepared in sterfing which is the functional ¢urrency of the Charity
and rounded to the nea￿st pound.
The significant accounting policies applied in the preparakn.on of these financial statements are
set out below. These policies have been consistently applied to all years presented unless
otherwise stsled.
Cash flow Stst¢ment
The Charity has taken advantsge of the reduced disclosures exemption granted by FRS 102
whereby it is nol required to p¢Jblish its own cash flow statement. This is because its ultimate
parent undertaking. aaffray Care Society. publish a Consolidated Cash flow Statement as part
of its Group accounts. These Group accounts are available from the Charity's ￿gistered office.
Funds
All of the fLsnds of the Charity are unrestricted fvnds and are available for use al the discretion
of the Tnjslees in the fvrtherance of the general objectives of the Charity and which have not
been designated for other purposes.
Incomg rgcognltlon
All iri¢ome is included in the Statement of Financial Activlties when the Charity is legally entitled
lo the income after any performance conditions have been met,. the amount can be quantified
with reasonable accuracy," and it is probable that the income will be received.
Fees for the piovision of housing and associated amenities are accounte(I for on an accruals
basis.
Government grant Income
The company r￿1VeS government grants in respect of support for staff and protective supplies
during the recent pandemic. Income from government and other grants are recognised at fair
value when the company has entitlement after any performance conditions are met, it is
probable that the income will be received and the amount can be measured reliably.
Expgnditure recognltion
All expenditure is accounted for on an accrltals basis and has been classthed under headings
that aggregate all costs ￿lated lo the category. Expenditure is re¢ognised where there is a
legal or constructive obligation to make payments to third parb'es., it is probable that the
settlement will be required,. and the amount of the obligation Can be measured reliably. 11 is all
¢ategorised as expenditure on charitable activities.
Support costs
SLSPPOrt costs are those that assist the WOTk of the Charity bul do not directly represent
charitable activities and include interest payable on bank borrowing and governance costs.
They are in¢urred directly in support of expenditure on the objects of the Charity.
Page 16

Jaffray Property Solutions
Notes to the Financial Ststoments for the Year Ended 31 March 2025 Icontinu•d)
Accounting Pollcies l¢ontinuedl
Tanglble flxed assets
Tangible fixed assets are stated at cost less depreciation. It is the Charity's policy lo maintain
these assets in a good state of repair.
Depreciation is provided on tangible fixed assets, at rate5 ¢aleulaled to write off the costs, less
estimated residual value, of each asset on a $ystemab'c basis over its expected Ltseful life as
follows..
Freehold propety
Leasehold Property
2Y¢ per annum straight line
over the period of the lease
Freehold land is not depreciated.
Debtors and creditors receivable I payable withln one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
Impaiment
Assets not measured al fair value are ￿vieWed for indication that the asset may be impaired at
each balance sheet date. If such indication exists, the recoverable amount of the asset, or the
asset's cash generating unit, is estimated and compared lo the r3rrying amunt. ￿ere trie
earying amount exceeds its recoverable amount, an impairment loss is recognised in the SOFA.
Provislon$
Provisions are recognised when the Charity has an obligation al the balan￿ sheet dale as a
result of a past event., it is probable that an ouffiow of economic benefits will be required in
settlement,. and the amount can be reliably estimated.
Taxation
The Company is an exempl Charity w*thin the meaning of schedule 3 of the Charities Act 2011
and is considered lo pass the lesls sel out in Paragraph 1 Schedule 6 Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation lax purposes.
Going Concern
The financial statements have been prepared on a going concern basis as the Trustees believe
that no material uncertainties exist. The Trustee$ have considered the level of funds held and
the expected level of income and expenditure for 12 months from authorising these financial
slatemenls. The budgeted in¢ome and expenditure is sufficient with the level of reserves for the
Charity to be able to continue as a going cOn￿rn.
The company is dependent upon the fvnds and facilities provided by the parent company to
ensLtre they meet their debts as they fall due. The directors 8re not aware of any reason why the
parent company would not continue to support them, subject to their own financing needs.
Total Income
All income for the current and prior year is from the fvrtherance of charitable actNilies and is
attributsble lo unrestricted fvnds.
Trustees, Remuneration
The Trustees re¢eived no remuneration during the year12024'. £nill for services provided to this
charitable company. Their expenses are paid by the charitable company's parent undertaking,
Jaffray Care Society, and are disclosed in the financial slalements of that charitable company.
The parent undertaking also maintain5 full Trustees, Indemnity Insurance for the Trustees of the
Company and the c05t of this cover is disclosed in the financial statements of that charitable
company.
Page 17

Jaffray Property Solutlons
Note8 to the Flnanclal Ststement8 for the Year Ended 31 March 2025 {contlnued}
Total Expondlturè
All expenditure for the current and prior year is In respect of the furtherance of the charitable
activities and is attributable lo unrestricted funds.
othof Direct
Costs
Staff Costs
2025
2024
Residential care costs
Support costs (see note 51
59,103
17,259
59,103
17,259
54,239
16,286
76,362
76,362
70,525
Staff costs are borne by the parent undertaking.
Support Costs
2025
2024
Interest payable on bank borrowings (see note 81
Governance costs15ee note 61
15,409
1.850
14,486
1,800
17,259
16,286
Governance Costs
2025
2024
Professional fees (including auditors, remuneralionl
1,850
1,800
Net In¢ome for tho Y¢or
Net income is staled after charging..
2025
2024
Auditors, remuneration
Audit fees
Depreciation
1,850
13,4(
1,800
13,407
Interest payable and Slmllar charyes
2025
2024
Interest payable on bank borrowing
(amount recharged by parent undertaking)
15,409
14,486
Page 18

Jaffray Propety Solutlons
Notes to thè Flnanclal Statements for the Year Ended 31 Mar¢h 2025 {contlnued}
Tanglble Flxed A￿ets
Frgehold
and
Leasehold
Property
Cost
At 1 April 2024 and 31 March 2025
670,296
Depreciation
At 1 April 2024
Charge for the year
230,364
13,4C6
Al 31 March 2025
243,770
Net B¢)ok Value
At 31 March 2025
426,526
At 31 March 2024
439,932
InclL¢ded in freehold property is land of £nil12024.' £nill which is not depreciated.
Included in freehold and leasehold propety is leasehold propety with a Cost of £nil12024". £nill,
following ils full impairment in a prior period.
All the above propety is used as security for the parent undertakings bank borrowin9S.
10.
Debtoys
2025
2024
Amounts falllng duo Within one year:
Trade debtors
Other debtors
Prepayments
79,639
5,798
9,307
48,974
5,861
9,796
94,744
64,831
Page 19

Jaffray Property Solutlons
Notes to the Financial Statements for the Year Ended 31 March 2025 (contlnued)
11.
Credltors: Amounts falling due within one year
2025
2024
Amounts falling due within ong ygar:
Group undertaking
Accruals and deferred income
334,881
27,344
336,369
15,549
362,225
351,918
12.
Funds Rèconciliation
A$at
1 Aprll
2024
Asat
31 March
2025
Incom&
Exponditure
Unrestricted funds & lotsl funds
152,645
82,762
176,3621
159,045
The unrestricted funds represent the free funds of the Charity which are not designated for
spectfic particular purposes other than the Charity's general ob}eclives.
13.
Analysls of Net Assets between Funds
All funds a￿ unreslricled. Under the temis of the Memorandum and Articles of Association all
surpluses are lo be applied towards the promobon of the Charity's objectives.
14.
Contingent Ilabilty
The company has provided a cross guarantee over the assets of the company to Lloyds Bank plc
in respect of the bank borrowings of the parent undertaking, Jaffray Care Society At 31 March
2025 this amounted to £2,309,08212024-. £2,478,824)
15.
Related Party Transactions
During the year net repayments of £1,48812024'. £21,399) were made to the parent Ltndertaking,
Jaffray Care Society in respect of net income and expenditure received and defrayed on behalf
of the company. The balance tjue lo the parent undertaking al the year-end was £334,88112024."
£336,369>
16.
Parent undertaking
The parent undertaking is Jaffray Care Society, a registered Charity110018851 which itself is a
company limited by guarantee 1025543671 in the United Kingdom undertaking the provision of
housing, care and associated amenities for people with learning disabilities and complex
healthcare needs who are in necessitous circumstances, and the provision of an open day-care
facility for people with learnin9 disabilities. Control is exercised by similar management and
Truslee teams. The address al which the Consolidated Accounts of Jaffr8y Care Society Can be
obtained is at the same registered office as staled on page 1.
17.
Post balance sheet events
Subsequent to the year end, the Charity has signed legal documents to Surrender a lease al £nil
cost for a leasehold property which had been fully impaired in a previous accounb'ng period as
the Tmstees deemed this property to have no future value or purpose within the Charity.
Page 20