2024-05-31-accounts

THE JARRETT FOUNDATION

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MAY 2024

CHARITY NUMBER :1148658

COMPANY NUMBER: 07140922

THE JARRETT FOUNDATION KEMP HOUSE 124 CITY ROAD LONDON EC1V 2NX

	INDEX
		Page
Index		1
Trustee’s Report		2-5
Independent Examiner’s Report		6
Statement of Financial Activities		7
Balance Sheet		8
Notes on the financial Statements		9 - 11

1

THE JARRETT FOUNDATION TRUSTEES’ REPORT YEAR ENDED 31[ST] MAY 2024

The trustees are pleased to present their report for the year ended 31[ST] May 2024 for the charity, THE JARRETT FOUNDATION with Charity Number 1148658.

The Trustees of the charity are: Jacqueline Carter - Chair Kevin Howell Katherine Mulhern

The principal address of the charity is : 124 City Road

London, EC1V 2NX

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a Memorandum and Articles of Association that was incorporated on 29[TH] January 2010 as amended on 6[th] February 2020. The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

IMPACT REPORT:

The Jarrett Foundation Knife Crime Workshops 2023-24

Introduction

The Jarrett Foundation has been dedicated to tackling knife crime through education and mentorship. In the 2024-25 academic year, we delivered the One Decision anti-knife crime workshops across 52 schools in London, reaching a total of 399 students. These workshops were made possible through sponsorship from Tesco and support from the Metropolitan Police.

Workshop Objectives

The workshops aimed to:

• Educate students on the dangers and consequences of knife crime.

• Encourage critical thinking about personal choices and peer influence.

• Provide a safe space for students to discuss their concerns and experiences.

• Equip students with conflict resolution skills and positive behavioural reinforcement.

Key Findings & Impact

• Behavioural Change: Data from student evaluations show a significant shift in attitudes towards knife crime. 78% of students who previously did not see the dangers of carrying knives changed their perspectives after the workshop.

• Emotional Impact: A majority of students ( 82% ) expressed sadness and concern about the realities of knife crime, demonstrating increased awareness and empathy.

• Commitment to Change: Over 65% of students agreed that they would think twice before carrying a knife after attending the workshop.

• Perception of Safety: 74% of students reported feeling more aware of personal safety strategies post-workshop.

• Ongoing Support: Feedback highlighted a demand for continued mentoring and support, with 72% of students requesting additional sessions.

• Teacher Feedback: 91% of teachers believed the workshop provided a necessary and impactful learning experience.

Demographics of Participants

• Girls: 79 ( 19.8% )

• Boys: 313 ( 78.4% )

• Non-binary/Trans: 7 ( 1.8% )

• Ages: 12-16 years old (Key Stage 3 & 4)

Geographical Reach

The workshops were delivered in North London (20 schools, 38% of total participation), South London (12 schools, 23%), East London (10 schools, 19%), and West London (10 schools, 19%), ensuring broad coverage across the city.

Qualitative Feedback

Students shared impactful testimonials, with many expressing that the workshop helped them understand the consequences of knife crime in a real and relatable way.

• One student stated, "Before this workshop, I thought carrying a knife was for protection. Now, I see it can ruin lives, including my own."

• Another student mentioned, "The real-life stories shared made me realize how quickly things can escalate. It was eye-opening."

• A teacher shared, "This is one of the most effective workshops we have had in recent years. The students were engaged, and it sparked meaningful discussions."

Next Steps: The 6-Week Mentoring Program

Given the success of the workshops and the positive feedback from schools, The Jarrett Foundation is now launching a 6-week mentoring program , match-funded by the Metropolitan Police. This program will:

• Provide students with a Handbook and Commitment Contract .

• Offer structured support to at-risk youth.

• Reinforce the lessons learned in the workshops through personalized mentorship.

• Focus on practical conflict resolution skills and positive decision-making strategies .

• Provide one-on-one guidance to students identified as high-risk by their schools.

Conclusion

The One Decision workshops have made a tangible impact in educating and empowering young people to make safer choices. With an overall satisfaction rate of 87% , students and teachers alike have recognised the value of this initiative. The Jarrett Foundation remains committed to reducing knife crime through education, mentorship, and community collaboration.

We extend our gratitude to Tesco, the Metropolitan Police, and all participating schools for making this initiative a success.

JAMAICA

Dr Pearl Jarrett won numerous awards in 2024, but the most prestigious was the GovernorGeneral’s Diaspora Achievement Award for Excellence from His Excellency The Most Honourable, Sir Patrick Allen, ON, GCMG, CD, KSTJ, Governor-General of Jamaica. Sir Patrick is King Charles’s representative in Jamaica.

The Diaspora Excellence Awards are only presented to one person per country, every two years. Dr Pearl Jarrett received the Award for the UK in 2024.

Testimonials to the work of Dr Pearl Jarrett

His Excellency The Most Honourable Sir Patrick Allen, ON, GCMG, CD, KSTJ Governor-General of Jamaica

“You stand as a testament to the limitless potential that resides within our people your story of triumph over adversity, your unwavering pursuit of greatness, and your tireless efforts to uplift our communities, embody the very essence of what it means to be Jamaican. You remind us all that our heritage is rich with talent, resilience, and the spirit that cannot be broken”.

FINANCIAL REVIEW

The income of the charity is £62,261. This is a double the amount this year than last year, but the costs have been well managed over this period. The organisation is still in a good position to manage its costs.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity has assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the charity. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

4

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the charity at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the charity and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on __ and signed on their behalf by:

Jacqueline Carter – Chair of Trustees _____

5

Independent Examiner’s Report To the Trustees

THE JARRETT FOUNDATION

I report on the accounts of the charity for the year ended 31[st] May 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

• Examine the accounts under section 145 of the 2011 Act.

• Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.

• State whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

• (1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:

• proper accounting records are kept( in accordance with section 130 of the 2011 Act

• accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or

• (2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH

6

		THE JARRETT FOUNDATION
	Statement of Financial Activities for the year ended 31st May 2024
					**Restricted **	Unrestricte	Total Funds
					Funds	Funds	2024	2023
	Incoming Resources		Note		£		£	£
	from generated funds
	Voluntary Income		2		0	3084	3084	9141
	Investment income		3		0	0	0	0
					0	3084	3084	9141
	Other Income
	Grants				49900	9277	59177	24176
	Total Incoming				49900	12361	62261	33317
	Resources
	Resources Expended
	Charitable activities in furtherance of objectives
	Cost of Activities		6		49,024	12182	61,206	27346
	Other		4		0	1008	1008	521
	Total Resources				49,024	13190	62,214	27867
	Expended
	Net movement in funds				876	-829	47	5450
	Reconciliation of Funds
	Total Funds brought forward				13457	47427	60884	55434
	Total Funds carried forward				14,333	46598	60,931	60884
		The above funds are all classed as topurpose
		All movements of funds and all recognisedgains and losses are included above.
		The notes on the accounts form part of these accounts.

7

		THE JARRETT FOUNDATION
		Balance Sheet as at 31st May 2024
			Note		2024		2023
	Fixed Assets				£		£
	Tangible fixed assets		5		1490		920
					___
					1490		920
					___
	Current Assets
	Cash at bank and				27922		55987
	in hand
	Debtors & prepayments				35019		9021
					62941		65008
	Creditors:amounts falling due within one year
	Creditors & accruals		8		360		400
					___
	Net Current Assets				62581		64608
					___
	Creditors:amounts falling due after one year
					3140		4644
	Net Assets				60931		60884
	Unrestricted Funds				46598		47427
	Restricted Funds				14333		13457
					___
	TOTAL FUNDS				60931		60884
					___
	For theyear ended 31st May 2024 The Jarrett Foundation was entitled to exemption
	from audit under section 477 of the Companies Act relatingto small companies:
	Director's Responsiilities
	The members have not required the company to obtain an audit for theyear inquestion
	under Section 476.
	The Directors acknowledge their responsibilities for complyingwith the requirements
	of the Act with respect to Accountingrecords andpreparation of the accounts.
	The accounts have beenprepared in accordance withprovisions applicable to companies
	subject ot he small companies' regime
	Approved by the board on___
	And signed on their behalf by : Jacqueline Carter_____
						CHAIR OF TRUSTEE BOARD

8

THE JARRETT FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] MAY 2024

1) Accounting Policies

The financial statements are prepared under the historic cost convention ( as modified by the revaluation of fixed asset investments) and in accordance with applicable accounting standards: Statement of Recommended Practice: Reporting and Accounting by Charities issued March 2005 and the provisions of the Charities Act 1993. Significant policies adopted are

Incoming Resources

Incoming resources are recognised in the statement of financial activities when entitlement has passed to the charity and the amounts are certain and measurable. Any incoming resources received that relate exclusively to future periods are Deferred on the Balance Sheet

Resources Expended

Expenditure is recognised in the statement of financial activities when a liability is incurred or increased without a commensurate increase in recognised assets or a reduction in liabilities.

Allocation of Costs

Direct Activity Costs comprise those costs that contribute directly to an activity and are allocated to the relevant activity

Support Costs comprise those costs that are necessary to deliver an activity but in themselves do not produce or deliver an activity. Support costs are allocated to activities based on the direct salary costs of the activity compared with total activity salary costs

Governance costs are those costs incurred to meet statutory and constitutional requirements.

Funds

Restricted funds represent income received that is subject to restrictions on use as determined by the donor which are narrower than the general objects. Designated funds represent funds set aside by the Trustees for specific purposes General funds are those funds made available for the charity’s general objects.

Depreciation

Items of equipment over £500 are capitalised and depreciated so as to write off Cost in equal instalments over their useful lives. Rates are set at equipment 5 to 10 years.

9

	THE JARRETT FOUNDATION
	Notes to the accounts for year ended 31st MAY 2024
**2 **	Voluntary Income
			Restricted	Unrestricte	dTotal funds
			Funds	Funds	2024	2023
			£		£
	Donations			3084	3084	9141
	Grants		49900	0	49900	20201
	Gift Aid			0	0	0
	Other income			9277	9277	3975
	Total		49900	12361	62261	33317
**3 **	Investment income
			Unrestricted		Total funds	Total funds
			Funds £		2024/£	2023/£
	Bank Interest		0		0	723
**4 **	Other			Restricted	Unrestricted	£/2024	£/2023
	Accountingservices			0	1008	1008	521
	Total			0	1008	1008	521
**5 **	Tangible Fixed Assets			Equipment	Fix & Fitts		Total 2024
	Cost			£	£		£
	At 01/04/2023			1775	120		1895
	Additions			942	0		942
				______
	At 31/05/2024			2717	120		2837
	Depreciation
	At 01/04/2023			905	70		975
	charge for theyear			362	10		372
				______
	At 31/05/2024			1267	80		1347
	Net Book Value at 31/05/2024			1450	496		1490
	Net Book Value at 01/04/2023			870	96		920

10

	THE JARRETT FOUNDATION
	Notes to the accounts for year ended 31st MAY 2024
**6 **	Cost of Activities in furtherance of Charity's Objectives
			2024/£		2024/£	2023/£
			Restricted	Unrestricte	dTotal	Total
			Funds	Funds	Funds	Funds
	Charity donations		0	301	301	709
	Professional fees		14645	5521	20166	8660
	Consultancy fees		17857	2169	20026	6508
	Rent		3118	0	3118	38
	Events costs		760	0	760	3040
	Supplies		2805	945	3750	2886
	Light & Heat		0	1171	1171	0
	Travel		6711	432	7143	2308
	Advertising		957	0	957	126
	Printing		0	86	86	0
	Telephone		0	1166	1166	157
	Stationery		14	0	14	11
	Software		376	0	376	8
	Subscriptions		920	10	930	1037
	Web hosting costs		0	0	0	469
	Volunteers expenses		0	0	0	218
	Depreciation		372	0	372	230
	Insurance		0	206	206	0
	Bank charges		0	131	131	102
	Admin		489	44	533	259
	Refreshments		0	0	0	180
	Total		49024	12182	61206	26946
	Trustee Payments and Related Parties
	No trustee or relatedparty received any remuneration during the year
	except for out ofpocket expenses.
**7 **	Creditors:amounts falling due within one year
				2024/£	2023/£
	Accountancy Services			360	400
**8 **	Debtors and Prepayments			2024/£	2023/£
				35019	9021
**9 **	Crediotrs:amounts falling due after 1 year
				3140	4644
			11