Comp3Dy Rgisttation numtw. 07527235 Japan Association in the UK (A ¢oJw iimstrd bygu¥t*nte¢) AsrfDJal and FiDaDcial Statemcnts for th¢ P￿1￿] from 01 July 2￿£1 ￿ JO Jwie2022 Japonese Financial SolutiLW Limit&l Unit 1. 5 Baldwin Strect IA)ndo ECIV9NU •A8WJHJYX" A13 #100 COWANIES HOUSE Japan Asso¢lation In the UK ConteDts Reference and AdministratNe Details...................-.....-...... Trustees, Repon.......... 2to3 Independent Examlnees Report.................................-..............-.....-.-..- Statement of Finanaal Artiwties.-._.....-..- Balancè Sheet........ Notes to the Finandal Statements........... -7toll The followingpA8¢ ￿￿f0￿￿ PBrtof the stabJt0ryfillwKj￿ swements". Statement of Flnarb¢lal Actl¥ities Per Fund........ .12 Japan Assotlation in the UK Reference aDd Admlnlstratlve Detalls Charity name Jw A$S￿lItion ￿ the UK CompxDy r¢gistr•tioth oumber 07527235 ReEiStered o(fJ¢e 77 Victoria Stre¢t Box 108 SWIH OHW Trusttti Takaaki HEtWka(TennlD￿ (ffl I l November 2022) Noriko OwJwa Yoshio MiLwyaiM So¢hiko Fujith Cho Tad•haru li Momoko Williawo (ferninatedon 26 M•rch 2022) N8omi SuDJki Chizuko Wtntrr Ha￿￿Ta8￿h1 cfenninattyj Ots 7 December 2021) . MithHall [A￿Oin￿d ￿ 2 F¢iw 2022) Atyjko Satr) Whitrho Noriyuki Ito Kirnie Abe (A[P)￿t￿l OD 20 April 2022. T¢rminaW on 24 Octob¢r 2022) Akemi Gnham{Apwinted on 20ApTiI 2022) Httomi Hayakawa (Appintcd 2 Febnwy 2022) Taka*i HaDaoka cfenninated on I l NovemiKr 2022) r¢t*ry Chi￿0 Wither(A￿1nted0n 3 AUS￿12022) Jap￿ AMociatioD ID the UK Trustees. Report Th¢ Tntste¢ PKes¢nt thew report fLY the 30 2022 to be Etad in conjunction with the 8llach¢d Financial S4tem¢n The fiDaD¢ial st4*mtnts comply with th¢ Chan"tics Act 2011. the Companies Act 2CI)6. th¢ Memorandum 2nd Article5 of Associ&¢i0￿ Ind AcwuotÈog and Repomn8 by Charities.. Ststerne￿I of RecornTr￿nded Prn¢ti¢e applicable to ¢b￿l￿eS ptep•Ting their accounts in aGcordorK¢ the Fin8n¢i￿ R¢F￿n8 Ststtdard applicablc ID the UK and Republic of Jr¢l4nd (FRS 102) (¢tTertL"v¢ J January 20151 Structure & Covern*nee The ¢omtAny Ulcorporthd u &Priv•* Comwy Limitrd by G￿80￿¢ on I l Feb 2011. The Obl￿ts of the Company awr.'_ (l) To promo* the bu￿fil of tbe publiq t*rti¢xlartyJaFvse 5p¢uknng rwle by.. (a) the advan¢¢wni of ¢duc•tion and training. (b) the ￿lIef of povuty, $i¢knw attd diwes4 (¢) the promtstion of 8wI health" aod (d) thc PTOVi5ion of rEcrrathonal f•£i]iW in th¢ interests of swial wdfar¢ with the objttt of improving their nditi0Th8 of Itft, (2) To rdu¢kn of fy ￿blIC on all &8pectsof J41Ane5¢ h￿ry and a￿tyj[C MAin 4divity Publi¢ be*efit Thr rnain aclivity i$ fvndiD& owising andproJnotW8charitsbk evcnts lincwith th¢obj￿ts of th¢ COmp￿y. R¢vlew Ofthe Yw We had a very su¢c¢ssffiJl year ¢0 itryiff (wvolw?tem and ¢)rg*)1￿ hi8hprofile ¢haritablc events. Fin*ndal Review Income amounted to £67.832 (L￿1 Y￿[. £49J46). Exp&th'lu￿ amotsn*d to £48.672 (Lw year.. £42.624). Th¢ sutplus of£18.960 (L4st yew. £fj722) wos addd to the Reserves. We are prornoting to e5&blish a ￿MmunIty centre for Japan&8e spe4kin8 pe(yle in the UK re¢¢i¥ed £955. doo8ti1)n for th¢ resrrict¢d fuTrJ (L&sr y £1.7l3). R¢serves It 1$ the Trust¢¢5' poli¢y w s¢•1￿ fiutds for exb ye•r'$ •¢tiviti¢s at altr early slw a5 much as p055iblc. ID addition. th¢y aim to maintsin suffici¢nt te5¢rves to cover unforcse¢D fl￿tiL￿tio￿￿ ip ine¢)m¢ and ExprJ)dityr¢. Rlsk m*Dagem¢Tht The rnL*tees hAve ex8mined the stsa*gic and oPEnbOn￿ risks wbi¢h th¢ chwity faces and wnfjnn that $ys*ms have bern cstabli5h¢d to enable re8ularr¢porLS to ￿ pr(AlucaJ so thatnerxssary Slep5 can be taken to lessen th¢s¢ risks. Pl•ni for the f¥tsre W¢ intend ￿ expand our activities in ITn¢ with ow ¢h•ritsble Obj￿￿YeS. Trust¢es' responsibllities Ill rel•tiort to the fin*Dei*l $tstements The charity tru51ees (who aTf al￿ the dire¢torn of th¢ Arts Theatr¢ Tnth fw the put]x>w of comp8ny lawl art r¢sponsibl¢ forpreparin8 ll tru5t¢es' wmual TeFQrt and fin&nci81518t¢ment9 in ￿01{￿n¢twith applL¢)bl¢18w Bnd UDited Kingdom Accouoting Standard5 {Unitrd KiDgdom Grnera]ly AcL*Pted A¢cvunting Pra¢tice). Company law requircs the fxharity tnjstres ty prtpare finarfial swemenL8 for each year which give a tnje and fair V5¢w of the 5tste of affair5 of thc charitablc ￿mp￿TrY and the gro￿ 4Trd of the in¢oming resour¢¢s and applicationofTesoufcc5, ittludingthe incomeaTrJexp¥)dityr4ofthechuitablcgroup forth&tperi(Q. Inpr¢pariTh& th¢ financial SLa¢em¢nts, thc tru5t¢cs #re rcqul￿d to.. SEleetsuitsble acci￿ntin8P3llcieS and th¢nopply thcrnconsi51Ently" obxrve the meth(& 8A1 prirfipieB iti the Cb¥iti¢S SORP. Poge 2 • mak¢jud8erncnts and ¢stirnates that are r¢&8ottthk and prudult • state whetl*r wliL>ble UK actOUlllin8 St8ndarth h8v¢ follow& wbiect to any rnatuial departyre5 dis¢losuJ explAind iti th¢ fi0¥￿1￿ Statemetk th¢ Gh8rity will ¢ontity¢ in busiotss. The lJustees ￿e te5pon8ible for kwin8 PDW ac¢4xntin8 rt¢ords thgt disclosewith accuracy at sny ti[￿ the fJJJanci31 p05itiOn of th¢ cb•rity and to thabl¢ tho1 ￿ ￿nsu￿ th¢ fItw￿lA1 Comply wth th¢ Comptini¢s A¢t 2(Th. Thvj ¥r¢ also r¢wns1Tr1¢ for 5thguardtTh8 th¢ assety of the charity and the 8rDup hencc takiD8 f¢&8onable 5tep5 fLf the prevenlion arml dctection of frdud and other iTreglllarities. Th¢ trus*es we r¢spKwsibk f￿the owint¢Daoce aDd of thecorporat¢ and fwnci81 informNtion in¢ludcd ott the cIL￿1￿ble compAny's websilt. L£gislAtion in the Uni*d Kittgkn governing the pr¢pAration and dissemination of fmmcial statsments m•y differ from lwiall.on io other juriglictions. Approved the Bogrd on siTrJ OD its bell￿f bT. Pag¢ 3 Independent EJamlner'$ Report to theThth of Jap8u Associatlon ID the UK I report C￿ the ￿unts of the ¢ornpw [￿theY￿r￿ded 30 June 2022. which 8r¢ s¢tout on PAges 5 ty I l. Resptttive rttpo0sibl￿ticI of tTuth¢¥ txathÉm*Y The tru8tecs {who are al￿ the diTecth of the rx)mtrany forthe pul￿>$eS of cornpany law) are respoTL8ible for the pi¢paration of the wKJJJts. Th¢ trusteD The flnancial stat¢meDts hve ￿epared acc(thce with A¢¢ouniing and Reportsng by Charitics". Ststcm¢nL of Rccomll*ud¢d PrnGti¢e applieabl¢ kn ch8n.ties prepArin8 their accounts in a¢cordNnce with the Finan¢i)l Rq￿rtINg StaDdatd applic4blc in the UK and Kepublic of Ireland (FRS 102) (¢ffe¢iiv¢ I Jallu￿ 2015)- (Chllrits¢8 SORTr (FRS 1021), tb¢ FiTwKial Rrponing Stand¥rd applicablc in the UK and Republic or1￿[and (FRS 102) and the COmpn¢.￿ Act 2tx)6. Arts Theatre Tn￿ meelB the definttion of a public beDefit thtity utsder FRS 102. Assets snd Itabilities are initially recogrLi8ed4( hsstori¢4lrosLwtAnWtioo valu¢tmlessotheThix5tsttd in tke relevant accounting policy note(s). Fund polley Un￿$tri£l¢d income bjnds aTe genool fimds 8rt &vailabl¢ for we at th¢ m4t¢es' discr￿10￿ in furth￿1[¢¢ of the obi#oves of th¢ charity. Fwth¢r detsi]s of e¥h fuul art disclos￿ ID 13. IneomlDg ruo•rtes DO￿ty"0￿ are rrxognis¢d whw¢ thu¢ 18 ¢mitlem￿L of receipt and the amrAmt be measurnl with sufficient reliability- Rewure# expeAded Lithilitirs are rt¢08nis•l 98 soon #s ther¢ 1$ a lyl or ¢oA8tsuaive obligation committitLÈ thc charity 10 the ex￿Id1￿1re. All expeJJditur¢ u a¢uuntrd for ￿ •n •¢cnthl8 and h98 been classifirAI undcr headitt￿ that 888weg8t¢ all ¢oxs ffla*d to the category. Costs of gamtin8fund3 are the #s￿l4￿] with 8ttracringvoiuntyry in￿me. fjxed Imdiviththl fixed assets wstin8 £250 orrnoTe *r¢ initi￿ty￿C0rded￿tC0￿t. Deprttlatio Depreciwion 15 pmvidedon tsngible fixcd •ss¢ts $0 as￿ writr off the ¢osior v￿￿￿0￿. less Jnyesttmated residual value, ovtr their exrttted u%fvi ecoDomic life &$ follow5.' Planl and m8¢hi 25% strai8ht linebasis Fixbjres and fittings 25°A straigbi liti¢ b8SiS Sts¢k Sto¢k 1$ valuthl atth¢ lowerof co# rft reaiisable valu4after thic regard forobsolck slow rnovit>g stock5. Net rcali5able valut is based rn s¢ll&tigwi¢¢ It55 ¥Dti¢ipa*d costs to completion and 5cllin8 COS Items doTra*d for resak or distributi￿ arc not included iti thc financial staterrMts iuitil they are sold or d￿lbUts Oper8tint l¢*ses Ren¢a]5 payable utltsopuating Ic&w ￿¢ iti thr S*ttTrcntof financiala¢tivitie& on a straighl line basis over the It￿ i¢rm. Pag¢7 Japan ASS￿l￿tiOn in the UK Notes to the Flnancial Statements for the Period Ended 30 June 2022 .. coxllx￿ed Volunl*ry Income Uttrutricted Re￿Ie¢ed To¢*1 Unrestrkted Ratritted Totsl Funds Fu#d8 Funds Re¢elved Fwnd5 Funds Received 30 Juue 2022 30 2021 Don*tlon$ 8nd kg•ciu Donations 16.771 16.771 31x1 300 Grants. other a8enci¢s Sub8crip¢ions Event income 660 5,459 5.459 11.797 11.797 Other lo￿ne 31.605 38.fAIS 41214 41214 1,713 Restridtd incorne 955 955 1,713 66.877 955 67.832 47.633 1.713 49.346 Th¢ volunf8ry inwn¢ of £955 isre8tric*d to be Wlt on eKpthJibJres ty ¢stablisb a ¢(thnmwJiry ¢¢ntr¢ for Japanese sTreaking prop1¢ in th¢ UL (2021: £1.713) Cr*Ats ￿￿¢￿￿*blE Unrestricted RestTi¢ted Totsl F¥nd5 Funds Rttelvtd 30 j￿ne 2022 Unrwtritted Rutrirted Total Funds Funds Funds Received 30 Jwne 2021 Gr6nts-J•panes¢ Cty Mainter￿n¢t 660 . 4 Tot*1 expended unre8trkl￿ Restrleted Totsl Fu#d8 Ujbrestrfded Restrltted Totsl Fund5 FuTrd5 Funds Funds Funds Received 30 J¥x 2022 30 2021 Dire¢t twts D¢p￿Gi)tIOTh of tattwble fixedasa¢ Repllits and rnaint¢nance Printin& Posting 4Dd slation¢ry SubscriprioN and donations M¢¢ting T(wi hir¢ Event ¢osts 49 49 779 24 24 lJ93 lJ93 1.902 37999 37J99 32524 32.524 Trnvel aT¥J subsistence 505 505 449 449 48.872 48.872 42.624 42,624 Page 8 Japan Assoclatlon in the UK Notes to the Fin•ncial Statements for the Peri[￿ EDd¢d 30 June 2022 . coniimied Trnstres, rernuMer&tio* •nd expen Nel i#¢ome 30 June 2Q22 3(1 2021 Depre¢iation of tsngibl¢ f￿91855e# 49 Taxatlon Tanglbie fixed •55ets Flxtsres, fittltsgs athd ¢quipment Crft As atol July 2021 1,673 Dkpoml AS It 30 Jutte 2022 DegrerBatson As atol July 21r21 1.673. DIgp05AI As at 30 June 2022 Net book w￿￿e As at 30 Jun¢ 2022 As at 30 Jun¢ 2021 Pa8c 9 Japan Assocl*tlon In the UK Note5 to Ihe Fknantial Ststements for the Perlod Ended 30 June 2022 .. ¢041£• Debton 30Jo•e 2022 3• June 2021 Deposits & CXhcrr¢ccinbl¢s 10 Crediton: Amounts f4lliD¥ due withith ooe year 30 J•*e2022 3• June 2021 TTth credilots 6.649 11.450 11. Memben, li•bSlfty . The charity is O PTiV8* GOm￿Y limir¢d by su8r* ciwq￿￿Y doeg Ilot hav¢ sh8r¢ wital. Each of the members is liable to tyjntributr an ammt not exc¢4Jing £1 wwardl th¢ &55ets of the cjmriry in the event of liquidation. 12 Relattd p•rti¢s Controlling entlty Thc clmrity is ¢ontrolled by the trustet8 wlx) *¢ 011 dir¢¢10￿ of th¢ ¢omp•ny. 13 An*lyiis of fM*d• Brwght fornrd IA¢omiDg Re￿￿rr¢S exp¢Ad¢d At30 JuNe 2022 Gertergl Fund5 Utyestricted income fund Re&tri¢*d income fulld Totsl 77,166 57 66,877 955 32 (48.872) 95.171 67 188 483 Page 10 Japan Assotlatlon In the UK Notes to the Finanelal Statements for the Period Ended 30 June 2022 . eowirtued 14 Net *Mets by fund T•tal U•rntrfcied R¢#rkted Fynds Fundi F¥Jds J• Jvnt 2•22 JO J¥n¢ 2121 Tan￿7)It ]rrent i0iJ20 93 J12 195.132 8&616 92J57 180.973 Creditors." Am¢)unts falling du¢ within (6,649) (6.649) 188483 (11,450) (11.450) 169523 Net aS8eis The restrictcd fund is rt18ted to fimd ￿ ¢9thblish a ty)M￿lty ttnts¢ for Jopth¢s¢ sFeèking people in the UK. Page 11 Statement of nDand81 actlvldes per fund Restrtded theome Uure5trkted fund 2022 Totsl Fwid$ R¢ttlved 2022 2022 IneomlTrg rtsowrtes .Incomin8 rc50urce$ from g¢wat¢d funds Voluntsry incorne Tolal incoming T¢sowees 955 66.877 67,832 955 Rewurees expEnd¢d Costs of generating fij￿ Costs of generating voluDrary iiic¢xn¢ ' Total re50Utc¢s expend¢d Net incoming 48,872 48,872 955 Rttoaeili%tlon of funds Total fi￿d$ brought forward 92 57 169 523 Totsl fun& ￿triEd forw8rd Thi5 page (h)rs ty)t form prt of the s￿bItory fknancial statmcnts. Page 12