2021-12-31-accounts

Jericho Road Project

Report and Unaudited Financial Statements

Year ended 31 December 2021

Registered Company Number: 07868116 Charity Number: 1145740

Jericho Road Project

Annual Report and unaudited financial statements for the year ended 31 December 2021

Contents

Page:

• 1 Chair’s statement

• 3 Report of the Trustees

• 9 Independent examiner’s report

• 10 Statement of financial activities

• 11 Balance sheet

• 12 Notes forming part of the financial statements

Trustees

Mrs AK Wainman (Chair) Mrs SP Clark Rev KA Kent Mrs S Mansfield (resigned 31 December 2021) Mrs JM Pallett (resigned 8 April 2021) Mrs AK Shea (appointed 18 June 2021) Mrs EC Wright (resigned 8 April 2021)

Registered office

Flat 1A, Chestnut Grove, Nottingham, NG3 5AD

Company number 07868116

Charity registered number 1145740

Independent Examiner

Martin Jeffs, 21 Rockcliffe Grange, Mansfield, Notts. NG18 4YW

Bankers

CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Mailing, ME19 4JQ

Jericho Road Project

Chair’s statement

The Jericho Road Project is very grateful once again to all those who have funded and resourced us in many ways in this past year. The diverse range of support we receive is a key to our sustainability and resilience. We were able to access new funding available due to the pandemic situation which was helpful and needed. We offer our thanks to all the charities, foundations and other funders who have awarded us grants, and to the churches, groups and individuals who have donated and supported us financially and in kind.

Our achievements

Staff recruitment was a major focus of 2021 as we appointed internally to our Project Manager post as a full-time job share position. We were also very pleased to recruit a permanent Support Worker, and a new Volunteer Manager. There is a real sense of a new team developing as we position ourselves for the future.

We also had the benefit of a new trustee joining the Board and a former trustee re-joining, as two other trustees stepped down. We were sorry to lose them and the staff who left in 2021, and we are grateful to them all for their contribution and commitment to the project.

In 2021, as Covid-19 restrictions eased and testing and the vaccination programme came in, we were able to restart some of the face-to-face services which the pandemic restrictions had affected. This included van outreach, befriending and personal appointment system at our Base. Prison visiting and resettlement staff continued to actively support women into accommodation upon release from prison and continued with regular contact via video link.

We were also able to adopt hybrid working for staff as restrictions eased .

We continue to look for a suitable property to purchase through our partners, Green Pastures, in order to develop our housing options. Challenges of the current market has made progress slow, but we remain determined to progress this in 2022.

We have also been able to progress actively re-engaging our volunteer base many of whom had been unable to volunteer during the pandemic as our key services were paused. The recruitment of a new Volunteer Manager was essential for this.

Jericho Road Project continues to be grateful for the support of our founder and President, the Reverend Richard Clark, who is also our Safeguarding lead/advisor to the Board.

And our thanks also to our Patron the Bishop of Southwell and Nottingham, the Right Reverend Paul Williams.

St Andrew’s Church, with the kind permission of the vicar/PCC, continues to provide us with a Base for our work in the vice area of Nottingham for which we thank them.

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Jericho Road Project

Chair’s statement (continued)

We are very appreciative of all the support received from various funders throughout the year who included:

Albert Hunt Trust Allen Lane Foundation Aviva Community Fund Boots Charitable Trust Garfield Weston Foundation JN Derbyshire Trust Lady Hind Trust Maurice and Hilda Laing Charitable Trust Noel Buxton Trust Nottinghamshire Police and Crime Commissioner - Community Safety Fund 2021 Nottinghamshire Police and Crime Commissioner – Make Notts. Safe Fund 2021/22 The Jessie Spencer Trust The Sage Trust

Some funders wished to remain anonymous.

Conclusion

A second year affected by the Covid-19 pandemic has required flexibility, commitment and determination from staff and trustees and the continuing support of a range of funders and donors. This has been forthcoming and resulted in the project being able to continue to be available to the women we seek to serve in an especially critical time.

My grateful thanks to them all for constantly “going the extra mile” and for their continuing enthusiasm, encouragement, generous support, advice and expertise they bring to Jericho Road Project. Many thanks also to our team of volunteers many of whom who could not be active but continued to offer support and encouragement and participate where possible, I am very grateful.

Our commitment to serve God through our vision “to bring hope and restoration to those affected by the sex industry in Nottinghamshire” remains as steadfast as ever.

Allison Kay Wainman (Mrs) Chair

12 May 2022

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Jericho Road Project

Report of the Trustees for the year ended 31 December 2021

The Trustees who are also directors of the charity for the purposes of the Companies Act present their annual report together with the financial statements for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charities governing document, the Charities Act 2011 and Accounting and reporting by charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by update bulletin 2 published on 5 October 2019).

Reference and administrative information

The charitable company is limited by guarantee not having a share capital. It was incorporated on 1 December 2011, based at its registered office at Flat 1A. Chestnut Grove, Nottingham and is registered with the Charity Commission, registration number 1145740.

The Trustees and principal address of the charity are listed on the contents page. Particulars of the charity’s professional advisors are also set out within the contents page.

Structure, governance and management

Governing document

Jericho Road Project is a charitable company and is also registered as a charity. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.

Governing body

The charity’s Trustees are set out on the contents page. The Trustees also constitute the Board of Directors who accept overall responsibility for operational, financial and constitutional matters.

Recruitment and training of Trustees

The trustees of Jericho Road Project, who are also directors for the purposes of company law, who served during the year were:

Mrs AK Wainman (Chair) Mrs SP Clark Rev KA Kent Mrs S Mansfield (resigned 31 December 2021) Mrs JM Pallett (resigned 8 April 2021) Mrs AK Shea (appointed 18 June 2021) Mrs EC Wright (resigned 8 April 2021)

Trustees are appointed as and when seems fit according to the needs of the charity.

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Jericho Road Project

Report of the Trustees for the year ended 31 December 2021 (continued)

New Trustees would already be aware of the practical work of the charity and are supplied with a ‘New Trustee Pack’ with information including:

• The obligations of Trustee membership:

• Jericho Road Project’s Memorandum & Articles of Association, Mission and Values and Business plan: and

• Most recent Annual Report and Accounts and Fundraising Strategy.

The Board of Trustees, as the company's directors, are legally responsible for the overall management and control of the charity and meet at least eight times a year.

The day to day running of the charity is delegated to the staff team.

Risk management

The Trustees actively review the major risks that the charity may face. They continually monitor and control these risks to mitigate any impact that they may have on the charity in the future.

Detailed considerations of risk are dealt with by the Trustees.

Through the risk management processes established by the charity, the Trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable, but not absolute assurance, that major risks have been adequately managed.

Key controls used by the charity include:

• Formal agendas for all Board and Committee activity:

• Strategic planning, budgeting, and accounting:

• Formal written policies:

• Clear authorisation and appraisal levels: and

• Vetting principles as required by law for the protection of the vulnerable.

No major risks are faced or anticipated by the charity.

Safeguarding

The annual review of Safeguarding Polices and Procedures has taken place. Staff training is up to date; and trustees are engaging in appropriate safeguarding training. Following a review of DBS procedures and requirements a programme of work is in progress.

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Jericho Road Project

Report of the Trustees for the year ended 31 December 2021 (continued)

Objectives

The objects for which the charity is established are:

• (a) To advance the Christian faith in accordance with the Statement of Faith for the benefit of the public in the City of Nottingham and in such parts of the United Kingdom or the world as the directors of the Charity may from time to time think fit.

• (b) To aid persons who are in need by reason of their involvement in the sex industry and/or drugs abuse and/or homelessness or those who are at risk of becoming involved as such in the City of Nottingham and in such parts of the United Kingdom or the world as the directors of the Charity may from time to time think fit.

• (c) To relieve poverty amongst sex industry workers and their dependants in the City of Nottingham and in such parts of the United Kingdom or the world as the directors of the Charity may from time to time think fit by providing education and advice on health, housing and financial issues.

• (d) To advance education and awareness of the condition and needs of sex industry workers.

Our aims fully reflect the objectives for which the charity was established.

Objectives for the year

Our plans for 2021 were:

• To develop our housing options including the partnership with Green Pastures. The aim is to buy a house for three women in 2021. This also requires us to recruit a permanent support worker.

• To further develop our prison visiting and resettlement work with women in prison through early intervention while they are in prison, developing “through the gate” support into resettlement, recovery and access to other support as needed.

• Explore, evaluate and develop our Off-street work which has not taken place for over 12 months.

• Recruitment –

• recruit a Permanent Project Manager.

• Support Worker

• Volunteer Manager

• Recruit two new trustees.

• Work on transferring our Charitable Status from a Charitable Company to a CIO.

• Review and develop the use of the Base to enable face to face support

• To continue to work flexibly and adapt our services and processes so that we could continue to support service users whilst face-to-face interaction was limited, taking opportunities to promote face to face work as much as we were able.

• Maintaining contact with our supporters and volunteers via social media and other appropriate means.

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Jericho Road Project

Report of the Trustees for the year ended 31 December 2021 (continued)

Principle activities, achievements and performance of the year

Recruitment of staff and also trustees was a priority in 2021 and we were very pleased to add to our staff and trustee team, especially to fill the position of Project Manager which we made a full-time post for the first time. We recruited a much needed Support Worker position as we seek to increase the support, we offer including housing related support in the future. We successfully recruited a new Volunteer Manager as our former manager left in 2021. A lot of change has been taken place in 2021 and the staff and trustees have had to work in flexible ways to enable activities to take place in the context of pandemic restrictions and adapting to changing rules. It is of great credit to the whole team that we have made the strides we have in 2021.

Throughout the year we engaged with a total of 107 individual women.

• Street Outreach –outreaches in the vice restarted in 2020 and we worked to gradually increase these. We are not yet returned to normal levels due to covid restriction and the need to reengage volunteers, which is taking place gradually. We met 31 individual women on outreach in 2021.

• Individual Support – we adapted to provide one-to-one appointments at our Base and other suitable locations. We continued to offer one-to-one meetings in a Covid-secure environment . we engaged with 38 individual women this way.

• Prison – We maintained regular prison and resettlement work within the pandemic regulations through writing letters, phone calls, video links and supporting women upon release. We have been able to support 56 different women.

• Supported Housing/resettlement - We have supported 22 women to find accommodation after leaving prison. And provided support to help them remain in their new home.

• Befriending – face-to-face meetings have been limited but gradually increasing as restriction eased. Our Befriending Worker had contact with women via phone calls, texts, cards and letters as well as in person contact. 27 women have received befriending support.

Other activities

• We continued to explore our house purchase options with Green Pastures to provide supported housing, initially one house for 3 women, which we will progress in 2022.

• Our Volunteer Manager maintained regular contact with our volunteer and supporters through newsletters and social media.

• Our work on CIO status will be carried into 2022 when we will make our application to the charity Commission

• We have been reviewing and developing our Risk Assessment framework, policies and procedures during 2021

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Jericho Road Project

Report of the Trustees for the year ended 31 December 2021 (continued)

Reserves and financial review

The Trustees have determined that the appropriate level of free reserves which are not invested in tangible fixed assets should be equivalent to three months of the charity’s average unrestricted expenditure, which is approximately £7,600.

At 31 December 2021, total reserves amounted to £119,773 (2020 - £108,377), free (unrestricted) reserves amounted to £90,077 (2020 - £66,732) and restricted reserves amounted to £29,696 (2020 - £41,645).

Investment policy

The Trustees have the power to invest in such assets as they see fit and the charity has a policy of keeping any surplus liquid funds in short term deposits which can be accessed readily should the need arise.

Future plans

• To develop our housing options including the partnership with Green Pastures. The aim is to buy a house for three women in 2022.

• To increase our Support Staff and recruit Administration support

• To continue to develop our resettlement work with women in prison with early intervention while they are in prison, developing “through the gate” support into resettlement, recovery and access to other support as needed.

• Explore, evaluate and develop our Off-street work

• Recruit two new trustees.

• Transfer our Charitable Status from a Charitable Company to a CIO.

• Increase and develop our outreach work including “walking” outreaches in the City.

• To explore options for our Base as more space is needed.

• To continue our work on volunteer recruitment and post pandemic re-engagement of volunteers.

• Acquire a new outreach vehicle

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Jericho Road Project

Report of the Trustees for the year ended 31 December 2021 (continued)

Public Benefit Statement

The Trustees have considered this matter, in conjunction with the guidance contained in the Charity Commission's general guidance on public benefit, and have concluded:

• That the aims of the organisation continue to be charitable:

• That the aims and work done give identifiable benefits to the charitable sector and both indirectly and directly to individuals in need:

• That the benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay: and

• That there is no detriment or harm arising from the aims or activities.

Tax Status

Jericho Road Project is a registered charity and is exempt from Corporation Tax and Income Tax.

This report has been prepared having taken advantage of the small companies’ exemption in the Companies Act 2006.

On behalf of the Board

AK Wainman Chair 12 May 2022

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Independent examiner’s report to the members of Jericho Trust Project

I report on the accounts of Jericho Road Project for the year ended 31 December 2021, which are set out on pages 10 to 16.

Respective responsibilities of trustees and examiner

As the charity trustees of the company (and also directors of the company 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 charity is not subject to audit under part 16 of the 2006 act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘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 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 (FRS102).

I have no concerns and have come across no 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.

Martin Jeffs 21 Rockcliffe Grange Mansfield Notts. NG18 4YW

12 May 2022

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Jericho Road Project

Statement of financial activities (incorporating an income and expenditure account) for the year ended 31 December 2021

		Unrestricted	Designated	Restricted
		Funds	Funds	Funds	2021	2020
Income and endowments	Note	£	£	£	£	£
from:
- Donations and legacies	2	101,247	-	61,445	162,692	184,776
- Investments	3	392	-	-	392	152
		_	_	_	_	_
Total Income and		101,639	-	61,455	163,084	184,928
endowments
Expenditure on:
Raising funds	6	3,378	-	-	3,378	446
Charitable activities	6	74,274	642	73,394	148,310	163,781
		_	_	_	_	_
Total expenditure		77,652	642	73,394	151,688	164,227
Net income		23,987	(642)	(11,949)	11,396	20,701
Transfers between funds		(5,300)	5,300	-	-	-
		_	_	_	_	_
Net movement in funds		18,687	4,658	(11,949)	11,396	20,701
Reconciliation of funds:
Total funds at	10	48,111	18,621	41,645	108,377	87,676
1 January 2021
		_	_	_	_	_
Total funds at
31 December 2021	10	66,798	23,279	29,696	119,773	108,377

All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.

The notes on pages 12 to 16 form part of these financial statements.

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Jericho Road Project

Balance sheet as at 31 December 2021

	Note		2021		2020
		£	£	£	£
Current assets
Cash at bank and in hand		122,121		108,852
		__		__
		122,121		108,852
Creditors: amounts falling due
within one year	8	(2,348)		(475)
		__		__
Net current assets			119,773		108,377
			__		__
Total assets less current liabilities			119,773		108,377
Charity Funds
Unrestricted	10		66,798		48,111
Unrestricted – designated	10		23,279		18,621
Restricted	10		29,696		41,645
			__		__
Total charity funds			119,773		108,377

Total charity funds

For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476:

• The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to the accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the Board on 12 May 2022 and signed on its behalf by

AK Wainman SP Clark Chair Treasurer

Registration number: 07868116

The notes on pages 12 to 16 form part of these financial statements.

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Jericho Road Project

Notes forming part of the unaudited financial statements for the year ended 31 December 2021

1 Accounting policies

General information and basis of preparation.

Jericho Road Project is a charitable Company limited by guarantee in England. 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. The address of the registered office is given in the charity information within the contents of these financial statements. The nature of the charity’s operations and principal activities are that of residential care activities for the elderly and disabled.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 5 October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Income and expenditure account

The Statement of Financial Activities on page 9 discloses the identical information as that of the Income and Expenditure account and as such no Income and Expenditure account has been prepared.

Income recognition

All incoming resources including income received under contract or where entitlement to grant funding is subject to specific performance conditions are recognised as earned as the related services are provided. Grant income included in this category provides funding to support performance activities and is recognised where there is entitlement, certainty, the amount can be measured with sufficient reliability and it is probable that the income will be received. Income is deferred when performance related grants are received in advance of the time period or expenditure to which they relate occurring.

Donations and gifts receivable for the general purposes of the charity are recognised where there is entitlement, the amount can be measured with sufficient reliability and it is probable that the amount will be received.

Donations for purposes restricted by the wishes of the donor are taken to restricted funds.

Investment income and other income are recognised on a receivable basis.

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Jericho Road Project

Notes forming part of the unaudited financial statements for the year ended 31 December 2021 (continued)

1 Accounting policies (continued)

Expenditure recognition

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is categorised under the following headings:

• Costs of generating funds are those costs incurred in attracting voluntary income.

• Charitable activities include expenditure associated with the running of the charity’s operations and include both the direct costs, support costs relating to those activities and governance costs which are those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Grant payments are recognised when a constructive obligation arises that results in the payment being unavoidable.

Value Added Tax

As the charitable company is unable to reclaim Value Added Tax, all expenditure in these financial statements is inclusive of Value Added Tax.

Funds

Unrestricted funds consist of funds which the charity may use for general purposes at the Trustees’ discretion.

Restricted funds represent income contributions which are allocated to a particular purpose in accordance with the donor’s wishes.

Designated funds form part of the charity’s unrestricted funds which have been set aside by trustees for a particular purpose.

Debtors and creditors receivable/ payable within 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.

Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a company for UK corporation tax purposes.

2	Donations and legacies	Unrestricted	Restricted
		funds	funds	2021	2020
		£	£	£	£
	Grants and donations	53,892	41,445	95,337	125,967
	Donated facilities and services	47,355	-	47,355	47,559
	General grants from government	-	20,220	20,000	11,250
		______	______	______	______
		101,247	61,445	162,692	184,776

---

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Jericho Road Project

Notes forming part of the unaudited financial statements for the year ended 31 December 2021 (continued)

3 Investment income

Bank interest

Unrestricted	Restricted
funds	funds	2021	2020
£	£	£	£
392	-	392	152

4 Donated facilities and services

Seconded staff Use of property Other

Unrestricted	Restricted
funds	funds	2021	2020
£	£	£	£
32,236	-	32,236	28,626
8,340	-	8,340	8,010
6,779	-	6,779	10,923
______	______	______	______
47,355	-	47,355	47,559
______	______	______	______

These donations are recognised at fair value on receipt.

5 General grants from government

General grants from government
Unrestricted Restricted funds funds Nottinghamshire Police & Crime Commissioner Make Notts.Safe Fund - 15,000 Nottinghamshire Police & Crime Commissioner Community Safety Fund - 5,000 Expenditure Unrestricted Restricted funds funds £ £ Raising funds - Advertising and marketing 3,378 - Charitable activities 74,916 73,394 __ _ 78,294 73,394 ___	2021 15,000 5,000 2021 £ 3,378 148,310 __ 151,688 ____	2020 11,250 -
		2020 £ 446 163,781 __ 164,227 ____

6 Expenditure

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Jericho Road Project

Notes forming part of the unaudited financial statements for the year ended 31 December 2021 (continued)

7 Staff costs

The average number of employees during the year was 6 (2020 – 5). There are no employees who received total employee benefits of more than £60,000.

2021 2020 £ £ Salaries 76,067 64,832 Pension cost 1,789 1,456 __ 77,856 66,288 8 Creditors: amounts falling due within one year 2021 2020 £ £ Trade creditors 1,585 - Accruals and deferred income 763 475 _ 2,348 475 9 Accumulated funds Net assets of the charity’s funds Fixed Net current assets Assets Total £ £ £ Restricted funds - 29,696 29,696 Unrestricted funds – general - 66,798 66,798 – designated - 23,279 23,279 _ _ ____ - 119,773 119,773		2020 £ 64,832 1,456 ______ 66,288
		2020 £ - 475 ______ 475

Further details of restricted funds of £29,696 (2020 - £41,645) and designated funds of £23,279 (2020 - £18,621) are available from the charity by writing to the registered office.

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Jericho Road Project

Notes forming part of the unaudited financial statements for the year ended 31 December 2021 (continued)

10 Fund reconciliation

Unrestricted funds

	Balance at					Gains /		Balance at
	1 Jan	Income	Expenditure	Transfers		(losses)		31 Dec
	2021							2021
	£	£	£	£		£		£
Unrestricted	48,111	101,639	(77,652)	(5,300)			-	66,798
Designated	18,621	-	(642)	5,300			-	23,279
	66,732	101,639	(78,294)	-			-	90,077
estricted funds
	Balance at					Gains /		Balance at
	1 Jan	Income	Expenditure	Transfers		(losses)		31 Dec
	2021							2021
	£	£	£	£		£		£
Restricted	41,645	61,445	(73,394)		-		-	29,696
	41,645	61,445	(73,394)		-		-	29,696

Restricted funds

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