IM irwinmitchell JUSOOR UK STERED CHARITY NO.1154188 08674 EG FINANCIAL STATEMENTS Forthe ear ended 30 June 2022 IRef: A80950421
JUSOOR UK EG STERED CHARITY NO.1154168 EGISTERED COMPANY NO 08574289 Contents to Flnanclal StateThents lor the ear ended 30 Julie 2022 Annual Report of the Trustees Independent Examlnees Report Balance Sheet Slalem8nl of FiTr8nfa81 Actiwties Notes lo Finan¢ial Slalements
Pag8 1 00 REGISTERED CHARITY NO.1164168 REGISTERED COMPANY NO. OBS74289 REPORT OF THE TRUSTEES IINCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 30 JUNE 2022 The tru5tee$ who are also directots ofthe charity forthe purposes of the Companies Act 2006, present their report with the finan81 statements of the charity forthe yeai ended 30 June 2022. The a¢¢ounts have been prepared in accerd8nc8 with th8 8ceounling policies sel out in note 110 Ihe 8CCOUllts and cornptywilh Ihe chaiills governing document, Ihe Companie$ Act 2006 8Th1'AccountlW 8nd Reporting by Charities.. S18tement ol Recommended Praclice applicable to ¢haiilies preparing their ac¢ounts in a¢¢ordancè with the Financial Reporbng Stsndard applicable in the UK and Republic of IrelanLI IFRS1021. REFERENCE AND ADMINISTRAT1014 DETAILS Reg18tered Company number 08574289 (England snd Wslesl Reglstered Charlty number 1154168 Reg15tered offlGe Belmont House, Ststion Way Craw18y, West Sussex RH10 1JA Tru8t88S Ms R SuCr R Zayat Independent ex4mlner Claire Norwood BSC FCA ATII Jones Avens Limiled Plper House. 4 Dukes Court Bognor Road, Chkhester Wesl Sussex P019 8FX Sollclto Irwin Mitchell LLP Belmont House Slalion Way Crawley RH10 1JA Bankers CAF Bank Ltd 25 Kinos Hill Avenue Kings Hill, Wesl Malling Kent. ME19 4JQ STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Jvsoor UK is a charitable company limited by guarantee and SIS Governlng Document 1$ ils Memorandum and Artides of Assoc#ation adopt8d on incorporation on 18 June 2013. The charity was registered the Charity Commlsslon In Enoland and Wale$, 8$ an Incorporated ¢harily on 11 O¢tober 2013. The ¢harily is governed by Iwo board members IRaTria Succar and Rami Zayatl who have expellise al ruTrnlng projects and nonpfofils programmes. Re¢rnltment and appolnlment of new tru8te88 At piesent Ihere are Iwo Irusiees. the minimum allowed in the Articles ofAgsocialion. with an unlimited Mamum. The trustees are appolnted by Ihe members al the Annual C8neral Mealing and on8-third of the number of Irusl888 musl retire at the following Annual General Meeting. The Iru51ees to fftlire by rotslon are Ihose whe have in office the ngeSt. Rlsk management The Iru51e8s have a duly to Identify and reviewlhe risks lo whtch th8 charity is exposed and to ensur6 appropr*ate contro15 ale in place lo prowde reasonable assuran against fraud and error. As the ac11lieS are based on the funds 1ved Ihe trustees do not anli¢ipate and risks.
Paue 2 JUSOOR UK REGISTERED CHARITY NO 11541 REGISTERED COMPAN NO 08674289 REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED JO JUNE 2022 08JECTS AND ACTIVITIES Oblectlve8 and alms ThÈ charills abjects a$ sel out In the Memorandum and ArfTcle5 oIAssociation are.. To piowde end advance educalion of Syrians living in the UK and abroad in cooperation wlh other organisalions Ihrough various programs, init48tiv88 and scholarships at unversilies around the world. Publlc ben8flt The trustees confimi Ihal they have refrrred lo the guidan contsined in the Charily Commi88ioneVs general guidance on public benefil when ieviewng the charilvs aims and obJ'eclive8 and in planning future aclivilie8. The tfusiees are satisfied th81 th8 charity continu88 to meet th8 public benefit test through 11$ oblectwes and a¢livilies. ACHIEVEMENT AND PERFORMANCE CharltablÈ actlvltle5 The finantyal results for the peiiod are de18iled in the Statement of FinancialAclivities. Ouring Ihe year the charity has luifilled its ebiectives by providlng sponsorship lo several Syrian sludents for Iheir education al a Canadian univefsily. FINANCIAL REVIEW Funds ceiVed are u8ed lo support stud&nls at university based on donations received. Funding Is re¢eived Irom Indlvlduals and private companies. 11 is hoped lo expand Jusoorfs partnership with UK universitie8 to increase Ihe number of students supported each year. Ttte was no known income oi expenditure al 30 June 2022 thal is not shown in the accounts. ResÈrves pollcy The trustees regularly VIeW Ihe16vel of ts$eNes to ensure thal Ih8y are adequat8 for the curran¢ and proposed leve15 of charitab aclivily. The lot81 reserves at the year end are £53,88012021- £21.1691 YRUSTEES RESPONSIBILITIES Legislatl¢n qUIreS the Tivsiee$ 10 pPa financial 51alemenls foreach finanaal yearwhich show a true and rair view of Ihe slate of affairs of the Charily and of the income and exp8ndiclure of the Charity for that period. In preparing those financial stslemenls, Ihe Tru8tee8 ar8 required to.. 8elecl suil8ble accounling polici88 8nd Ih8n apply them consislenlly., make judgments and eslima1È8 Ihal are reasonable pwdenl., slale whether appli¢able a¢¢ounling $landard$ and staletnent5 of recommended praclice have been f¢llowed. subleci 10 any departures di8colosed and explained in the finan81 slatemenl8'. and prepare Ihe finan81 slatemenls on the going concern basis unless il is inappropriate 1¢ presume that Ihe charity will continue to opÈrale. Th8 T¥ustees are responslblÈ for keeplng proper awunllng records which di504ose with reasonable accuracy at any lime the finan¢ial poslion of Ihe Charily lo ensure that the finanacial slalements comply wlh the Charilies Ad 2011. They are a150 responsible for safeguardin9 the as8el8 of Ihe Charity 8nd hence for taking reasonable Steps for the prevenlion and deleclion ef fraud and other irregularitie8 March 8th 2023 Approved by order of Ihe board oftnjslees on ...... And slgned en ils behalfby.. ayal-Tru8tee
Page 3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JUSOOR UK I report to the charity trustees on my examin8tion of the accounts of th8 Company for the year ended 30 June 2022 Responslbllltles and basls of iÈp(brt As the charitV8 trustee5 of the Cotnpanyland afso its directors for Ihe purposes of company lawl you are sponsible lor the preparation of the accounls in aecordance wlh the requirement of the Cernpanies Aci 200S I'the 2006 Act'j. Having satisfied myself Ihal the aunt$ ofthe C¢mpany are nol quired lo be audited under Part 16 ofthe 2006 Act and ar8 eligible for independent examination, I report In respect of my examination olthe Tru$l'$ a¢¢ounls tarried oul under S8elion 145 of the Charities Act 20111.the 2011 Ael'l. In carryin9 out my examninalion I have followed the Di¢t1¢n$ given by the Charily Commission under section 14515llbl ofthe 2011 Act. Indep8nd8nt Examlner'$ Statem¢nt I have ¢ompleled my examinatlon. I confirm that no material mallers have come to my atlenlion in conne10n wth the examination gVIng me cause lo belt8ve that in any material respecl.. accounting le[d8 were lloi kept in respect of the Company as requlre<6 by se¢tlon 386 of the 2Q06A¢l.' or the arAxJunts do not accord wth Iho88 records, or the accounts do nol cornp1ywlh the accounting requirements ¢on¢ernlng of $e¢lion 396 oflhe 2006 Act other than any requirement Ihal the accounts give a'lrue and fair vievl which 4s nol a maitsr ¢on$idered as part of an independent examination or the aeeounls have not been prepared Sn a¢cA)rdanc* wlh the methods and principles ofthe Statement of Recommended Praclice for acci¥Jnling and reporting by ¢harilies preparing their a¢¢ounts in accordanee with th8 Finanaal Reporting Standard applicable in Ihe UK and Ireland IFRS1021 I have no COnrn$ and have come across no other matters in connection with th8 examniatien lo which attention should b8 drawn in this report in orderto enable a proper underslandlng of Ihe a¢¢ounl$ to be rea¢hed. Clalro NO0 Bs¢ FCA ATII Chart8r8d Accountant Jone$ Av8ns Limited Piper Hou$e 4 Dukes Court Bognor Road Chich&sler West Sussex P019 8FX 0810312023
Paue 4 JUSOOR UK REGISTÈRED CHARITY NO 1154168 ED COMPANY NO. 08674289 Balance Sheet as at 30 June 2022 Not8 a 300622 Current A686ts Cash at bank 68,608 27,217 Liabililie5 falling due within 12 month8 Creditors 14,7281 16.0481 Net Crrent A8gels 53,880 21.169 Totsl A$set$ les5 Currènt Llabllltl88 53,880 21,169 Ne¢ Asset8 53,880 21,769 Furid Balaiice as at 30.06.22 Restricted Unr88lrict8d 25.QOO 28.880 53.88 21,169 21.169 The Charitab company is enlilled lo exemption from audit un(Ser Se¢lion 477 of the CompanSes Act 2006 for the yesr ended 30 June 2022 The members have not required the charitable ¢ompony lo obtain #n audil of ils fin8n(xal 818temen18 for the yearended 30 June 2021 in a¢cOrdan with sedion 476 of the Companies Act 2006. The ttustees 8Cknthedge their reponsibiliti88 for.. lal ensuring Ihat the ehariiable company keeps acc*JunUng record$ that mplY Wih Section 386 and 387 of the Companies Act 2006 and preparing financial slalemenls whi¢h give a true and fair wew of the State of affairs of the charilable company as al the end ol ea¢h finanual year and of ils surplu5 or deficit for each financial year in accordanc8 wilh the requlreTnen15 of Section5 394 and 395 and which olhepmse comply with th& requirem8nts of thè Companies Act 20C6 relating to finanaal 8latements. so f8r as applicable to Ihe charitable ¢ompany. Ibl These financi81 slalem8nls have b88n prepared In ac£ordan wllh Ihe speclal provlslons of part 15 ofthe Companies Act 26 relating lo small charilabb tompÈnles. Inan March 8th 20F3 81 slatemenls were approved by ihe b08rd of trustees on............................. signed Iheirbehalf by R Zayal-Truslee The notes on paoe$ fv9 form part ofthese accounts.
Page 6 JUSOOR UK REGISTERED CHARITY NO. 1154168 REGISTERED COMPANY NO. 08574289 Notes to the Accounts for the ear ended 30 June 2022 1 ACCOUNTING POLICIES The Jusoor UK Charitable Trust is a privale company limited by guaianlee incorporated in England and Wales. company number 08574289 and Charity Commission number 1154168. The registered addiess is Belmont House. Slalion Way. Crawley. Wesl Sussex. RH10 1JA. 1.1 ACCOUNTING CONVENTION These accounts have been prepared in accordance with the ch8r6ly's Memorandum & Art¢cles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charitie5 prepaiing Iheii accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {as amended for accounting periods commencing from 1 January 20191. The charity is a Public Benefit Enlily as defined by FRS 102. The Charity has taken advantage of the provisions in Ihe SORP for charities applying FRS 102 not lo prepare a Slalemenl of Cash Flows. The accounts are prepared In sterling. which is the functional cuirency of Ihe charily. The principal accounting policies adopted are set out below. 1.2 GOING CONCERN Al the lime of approving the a¢counls, the Iruslees have reasonable expeclalion that the charity has adequate resources lo continue in operational exlslence for the foreseeable future. Thus the Iruslees. continue lo adopt the going concern basis of accounting In preparation of the accounts. 1.3 CHARITABLE FUNDS & FUND ACCOUNTING Unrestricted funds are available for use at the discrelion of the Iruslees in furtherance of their charitable objectives unless the funds have been designated foi olher purposes. Restricted funds are subject lo specific conditions by donors as to how they may be used. The purposes and uses of the ieslricled funds are sel out In the notes to the accounts. 1.4 INCOMING RESOURCES All incoming resources are included on the Statement of Financial Activities when the charity is legally enlilled lo the income, the amount can be quanlilied with reasonable accuracy and il is probable that income will be received. 1.5 GRANTS PAYABLE Grant8 payable are debited lo expenditure within the Statement of Financial Aclivilies in the period lo which they relate. Where a grant commitment is payable over a period of more than one year, a liability is recognised for the full amount of the conslruclive obligation unless conditions are allached lo future payments such that the Iruslees effectively relain the discretion lo avoid making such payments.
Pagg 7 1.6 CHARITABLE ACTIVITIES The eosl of charitable activities consists of grants made. 1.7 GOVERNANCE COSTS Governance costs comprise all costs involving the public accountability of the charity and ils compliance wilh regulation and good practice. These costs include costs related to slalulory audit and legal fees together wilh other overhead and support costs. 1.8 CASH AND CASH EQUIVALENTS Cash and cash equivalents include deposits held al call with banks. 1.9 FINANCIAL INSTRUMENTS The Charity has ele¢led to apply the provisions of Section 11 'B85ic Financial Inslrumenls" and section 12"Olher FinancÉal Inslrumenls Issues" of FRS 102 to all of ils financial instruments. Financial assets and liabilities are offset, with the nel amounts presented in the financial slalements, when there is a legally enfoable right lo sel off the recognised amounts and there is an intention lo sellle on a nel basis or lo realise the asset and sellle the liability simultaneously. Baslc financlal assets Basic financial assets. which includes debtors and cash and bank balances, are initially measure{1 at transa¢lion price including transaction cosls and are subsequently carried al amortised cost using the effective interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is measured al the present value ol the future reIp(S discounted al a maTkel rate of interest. Financial assets classified as receivable within one year are not amortised. Impalrmont of flnanclal assots Financial assets, other than Ih(Ise held al fair value Ihrou9h income and expenditure, a assessed for indicators of impairment al each reporting date. Financial assets are impaired where there is objective evidence that. as a result one or more events that occurred after the initial recognition of the financial asset, the eslimaled future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the eslimaled cash flows discounted al the asset's original effective Inteiesl rate. The impairment loss is recognised in nel incomellexpendilurel for the year. If there is a deciease In the impairment loss arising from an evenl occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the Carrying amount would have been, ha($ the impairment previously been re¢ognised. The impairment reversal is recognised in nel incomellexpendilure) for the year. 8aslc flnanclal Ilabllllle8 Basic financial liabililies, including trade and other payables, are initially recognised al transaction price unless the arrangement conslilules a financing Iransaclion, where the debt instrument is measured at the present value of the future receipts discounted al a market rale of interest. Debt instruments are subsequently carried al amortised cost. using the effective interest rale method. Trade payables are obligations to pay for goods oi services that have been acquired in the ordinary course of operations from suppliers. Accounts payable are classed as current liabilities if payment Is due within one year or less. 11 not, they ale presented as non-current liabilities. Trade payables are recognised initially al transaction price and subsequently measured al amortised cost using the effective interest method.
Page 8 Derecognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 2. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In Ihe application of the charity's accounting policies, the Iruslees are required lo make judgements. eslimales and assumptions about the carryino amount of assets and liabilities th818re not readily apparent from other sources. The estimates and associated assumptions are based on historic21 experience and other factors that are considered lo be relevant. Actual results may differ from these eslimales. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales are recognised in the period in which the estimate is revised where the revision aflecls only that period, or in the period of the revision allecls only that period. or in the period of the revision and future periods where the fevision affecls both current and future periods.
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