## Jubilee Outreach Yorkshire
Charity number 1144323
A company limited by guarantee number 07326080
Annual Report and Financial Statements
for the year ended 30 June 2021
## Jubilee Outreach Yorkshire
Annual Report and Financial Statements for the year ended 30 June 2021
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8 to 11|
## **Prepared by West Yorkshire Community Accounting Service**
1
## Jubilee Outreach Yorkshire
## Trustees' report for the year ended 30 June 2021
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
Dr. Kathy Tedd Susan Crawshaw Malcolm Atkinson Alan Crossland Dr. Richard Henshaw Martin Brown
Chair/Secretary
Resigned 18 July 2021 Resigned 18 July 2021 Resigned 18 July 2021 Appointed 18 July 2021 Appointed 18 July 2021
## **Charity number**
## **Company number**
1144323
07326080
Registered in England and Wales Registered in England and Wales
## **Registered and principal address**
## **Bankers**
14 Jubilee Way Yorkshire Bank Shipley 1 Westgate West Yorkshire Shipley BD18 1QG BD18 3SD
## **Independent examiner**
Alan Dodd FCCA
## **West Yorkshire Community Accounting Service**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 26 July 2010. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
2
## Jubilee Outreach Yorkshire
## Trustees' report (continued) for the year ended 30 June 2021
## **Objectives and activities**
## **The charity's objects**
(a) The relief of poverty and sickness (whether physical or mental), the advancement of education and the preservation and protection of good health among the people of Romania primarily, or elsewhere in the world as the trustees decide.
(b) The promotion and advancement of the Christian faith primarily to the people of Romania or elsewhere in the world as the trustees decide.
## **The charity's main activities**
The charity has continued to make regular donations to projects in Romania to pay for Medicare nurses and to assist the Clever Hands day care centre for disabled young people, albeit at a reduced level. Due to Covid, we were able to pay for just one lorry load of donated goods to Romania, and two to Yemen, the costs of which were largely covered by specific donations.
We have shops in Shipley and Bingley which help to generate funds for these contributions, and we are very grateful to the volunteers who staff those shops. The Shipley premises was unable to open before the end of March 2021 due to severe flood damage as well as the Covid pandemic, which saw the Bingley shop forced to close for four months during the period.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the relief of poverty, sickness and the advancement of religion.
## **Achievements and performance**
There are some problems with our Charity shops, which brings in much of our income. There is a shortage of volunteers to staff the shops and the cost of running the shops is rising.
Covid19 and leaving the EU has caused problems with transporting goods to Romania & Yemen.
At this time the shops are bringing in enough money to send £5k each to the two projects we support (mainly for salaries) every 3 months. i.e. £20k per annum per project. We have small income from regular supporters which helps run the office. We have reduced running costs as much as possible during lockdown.
We have support from a Christian group in Oman that pays for the transportation of mainly donated goods to Yemen. We believe this will continue in the short term.
## **Financial review**
The net income for the year was £16,930, including net income of £16,610 on unrestricted funds and net income of £320 on restricted funds.
We received a further Covid grant from Bradford Council, which helped keep us afloat during the months where we unable to open our shops. Unfortunately we have to send less money to help with salaries and expenses for our friends in Romania. The donations we have received for Yemen helped to cover the costs of buying and sending goods to Yemen.
## **Reserves policy**
The charity's free reserves at the year end were £40,772.
Although we do not have a formal reserves policy, we always try to have a good bank balance. We are nine months into the next financial year and we believe we are in a good financial position at this time.
3
## Jubilee Outreach Yorkshire
## Trustees' report (continued) for the year ended 30 June 2021
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. 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.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees on 23/03/2022
Martin Brown (Trustee)
4
## Jubilee Outreach Yorkshire
## Independent examiner's report to the trustees of Jubilee Outreach Yorkshire
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 30 June 2021, which are set out on pages 6 to 11.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alan Dodd FCCA
25/03/2022
## **West Yorkshire Community Accounting Service**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## Jubilee Outreach Yorkshire
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 30 June 2021
|Notes
2021
Unrestricted
funds
£
**Income from:**
Donations, including gift aid
(2)
21,251
Grants
(2)
18,862
Shops and markets
(3)
32,466
Other income
2,009
**Total income**
74,588
**Expenditure on:**
Rent, rates and water charges
4,224
Lighting and heating
337
Internet, phone and postage
1,107
Shop expenses
(4)
11,950
Grants paid
(5)
38,000
Lorry trips
550
Yemen trip costs
-
Purchases
341
Vehicle expenses
187
Repairs and maintenance
608
Independent examination
475
Stationery and office
124
Bank charges and interest
75
**Total expenditure**
57,978
**Net income / (expenditure)**
16,610
**Fund balances brought forward**
24,162
**Fund balances carried forward**
(6)
40,772|2021
Restricted
funds
£
11,119
-
-
-
11,119
-
-
-
-
-
-
8,805
1,994
-
-
-
-
-
10,799
320
-
320|2021
Total
funds
£
32,370
18,862
32,466
2,009
85,707
4,224
337
1,107
11,950
38,000
550
8,805
2,335
187
608
475
124
75
68,777
16,930
24,162
41,092|2020
Total
funds
£
16,766
20,000
42,998
89
79,853
640
183
1,008
14,282
53,000
2,155
3,360
-
2,868
544
475
567
93
79,175
678
23,484
24,162|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
6
## Jubilee Outreach Yorkshire
## Balance sheet
|as at 30 June 2021
2021
Unrestricted
£
**Current assets**
Debtors and prepayments
(7)
6,741
Cash at bank and in hand
(8)
34,506
**Total current assets**
41,247
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(9)
475
**Total current liabilities**
475
**Net current assets**
40,772
**Net assets**
40,772
**Funds**
Unrestricted funds
40,772
Restricted funds
-
**Total funds**
40,772|2021
Restricted
£
-
320
320
-
-
320
320
-
320
320|2021
Total
£
6,741
34,826
41,567
475
475
41,092
41,092
40,772
320
41,092|2020
Total
£
3,940
21,172
25,112
950
950
24,162
24,162
24,162
-
24,162|
|---|---|---|---|
For the year ending 30 June 2021 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 23/03/2022
Martin Brown (Trustee)
7
## Jubilee Outreach Yorkshire
## Notes to the accounts
for the year ended 30 June 2021
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 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 (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Donated goods for resale are valued at the amount actually realised upon their sale.
Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Grants payable without performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
8
## Jubilee Outreach Yorkshire
## Notes to the accounts continued
## for the year ended 30 June 2021
|**2 Donations, legacies and grants**
Yemen Appeal fund
Other donations, including gift aid
Grants - Bradford MDC
**3 Shops and Markets**
Shipley shop income
Bingley shop income
**4 Shop expenses**
Rent and rates
Utilities
Insurance
Telephone
Other expenses
**5 Analysis of grants paid**
Medicare
Clever Hands|2021
Unrestricted
funds
£
-
21,251
18,862
40,113
2021
Unrestricted
funds
£
8,388
24,078
32,466
2021
Unrestricted
funds
£
8,925
796
940
-
1,289
11,950
2021
Grants to
institutions
£
19,000
19,000
38,000|2021
Restricted
funds
£
11,119
-
-
11,119
2021
Restricted
funds
£
-
-
-
2021
Restricted
funds
£
-
-
-
-
-
-
2021
Grants to
individuals
£
-
-
-|2021
Total
funds
£
11,119
21,251
18,862
51,232
2021
Total
funds
£
8,388
24,078
32,466
2021
Total
funds
£
8,925
796
940
-
1,289
11,950
2021
Total
funds
£
19,000
19,000
38,000|2020
Total
funds
£
85
16,681
20,000
36,766
2020
Total
funds
£
20,816
22,182
42,998
2020
Total
funds
£
9,214
1,605
910
579
1,974
14,282
2020
Total
funds
£
26,000
27,000
53,000|
|---|---|---|---|---|
## **Purpose of the grant making activities**
Medicare is a home care nursing project in Romania. Clever Hands is a Romanian day care centre for disabled young people.
Grants are paid to both projects to help to fund the costs of staff, equipment and supplies.
|**6 Restricted funds**
Yemen Appeal fund
**Fund name**|Balance b/f
Incoming
£
£
-
11,119
-
11,119
**Purpose of restriction**|Outgoing
£
10,799
10,799|Transfers
£
-
-|Balance c/f
£
320
320|
|---|---|---|---|---|
Yemen Appeal fund Towards the cost of aid supplies sent to the Republic of Yemen.
9
## Jubilee Outreach Yorkshire
## Notes to the accounts continued
## for the year ended 30 June 2021
|**7 Debtors and prepayments**
Debtors
Prepayments
**8 Cash at bank and in hand**
Yorkshire Bank current account (Joycraft)
Yorkshire Bank current account (JOY)
Cash
**9 Creditors and accruals**
Accruals
**10 Related party transactions**
**Trustee expenses**
Total amount paid
Nature of the expenses
Vehicle costs
Telephone and postage
Number of trustees who were paid expenses|2021
£
4,231
2,510
6,741
2021
£
18,324
16,162
340
34,826
2021
£
475
475
2021
£
665
551
114
665
1|2020
£
2,797
1,143
3,940
2020
£
8,272
12,900
-
21,172
2020
£
950
950
2020
£
-
-
-
-
-|
|---|---|---|
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
10
## Jubilee Outreach Yorkshire
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 30 June 2021
|2021
2020
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Donations, including gift aid
21,251
16,681
Grants
18,862
20,000
Shops and markets
32,466
42,998
Other income
2,009
89
**Total income**
74,588
79,768
**Expenditure**
Rent, rates and water charges
4,224
640
Lighting and heating
337
183
Internet, phone and postage
1,107
1,008
Shop expenses
11,950
14,282
Grants paid
38,000
53,000
Lorry trips
550
2,155
Yemen trip costs
-
-
Purchases
341
-
Vehicle expenses
187
2,868
Repairs and maintenance
608
544
Independent examination
475
475
Stationery and office
124
567
Bank charges and interest
75
93
**Total expenditure**
57,978
75,815
**Net income / (expenditure)**
16,610
3,953
**Transfers between funds**
-
(1,559)
**Net movement in funds**
16,610
2,394
**Fund balances brought forward**
24,162
21,768
**Fund balances carried forward**
40,772
24,162|2021
Restricted
funds
£
11,119
-
-
-
11,119
-
-
-
-
-
-
8,805
1,994
-
-
-
-
-
10,799
320
-
320
-
320|2020
Restricted
funds
£
85
-
-
-
85
-
-
-
-
-
-
3,360
-
-
-
-
-
-
3,360
(3,275)
1,559
(1,716)
1,716
-|2021
Total
funds
£
32,370
18,862
32,466
2,009
85,707
4,224
337
1,107
11,950
38,000
550
8,805
2,335
187
608
475
124
75
68,777
16,930
-
16,930
24,162
41,092|2020
Total
funds
£
16,766
20,000
42,998
89
79,853
640
183
1,008
14,282
53,000
2,155
3,360
-
2,868
544
475
567
93
79,175
678
-
678
23,484
24,162|
|---|---|---|---|---|
11