## **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**<br>**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**|||||
|||||||||