## **JAYNE SARGENT FOUNDATION**
**RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021**
**Charity Registration Number 1156137 Company Registration Number CE001063**
## **JAYNE SARGENT FOUNDATION**
## **TRUSTEES REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
The Trustees of The Jayne Sargent Foundation (the charity) are pleased to present their annual report and financial statements for the year ending 31 March 2021.
The trustees report has been prepared in accordance with the charity’s 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 (FRS 102)” issued January 2019. The financial statements have been prepared on a receipts and payments basis.
## **Objectives and Activities**
The Jayne Sargent Foundation is a charity based in Telford, Shropshire offering a cancer support group and wellbeing therapist service at Meeting Point House, Southwater in Telford.
The object of the charity is to pay and apply the capital and income to promote and protect the physical and mental health of sufferers of all kinds of cancer through the provision of financial support, education and practical advice, either by direct assistance to individuals or by the making of grants to other charities who provide similar support, such as assistance in either case to be exclusively charitable according to the laws of England and Wales.
## **Achievements and Performance**
The Trustees have had due regard to the guidance published by the Charity Commission on public benefit.
## **Financial Review**
The charity’s income for the year amounted to £1,341 (2020: £6,101). The bank and cash accounts holds fund at the yearend of £21,325 (2020: £25,762).
The trustees are committed to only spending the excess funds over and above their working capital requirements.
The World Health Organisation declared Covid-19 a global pandemic on 11 March 2020 and the UK went into lockdown on 23 March 2020. The UK entered two further lockdown periods on 5th November 2020 and 6th January 2021. The worldwide outbreak and the virus control measures resulted in the charity suspending its fundraising events.
However, the charity has sufficient reserves and expenditure control to not present a going concern issue during the crisis, and for the next 12 months.
## **Structure, Governance and Management**
The Jayne Sargent Foundation was registered on 12 March 2014 as a Charitable Incorporated Organisation and was formally registered with the Charity Commission. It is governed by its constitution and a board of members also known as trustees. The assets of the charity are vested in the CIO itself as a corporate body, not in trustees personally.
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**JAYNE SARGENT FOUNDATION**
## **TRUSTEES’ REPORT (Continued)**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Reference and Administrative Details**
The Trustees who served during the year and up to the date of signature of the financial statements were:
Trustees:
|The Trustees who served during the
Trustees:|year and up to the date of signature of the financial st|
|---|---|
||Mr C Sargent|
||Mrs J Rathbone|
||Mr P Burgoyne|
||Mr S Thomas|
||Mrs G Tune|
||Ms L Perry|
||Ms A L Sargent|
|Principal Address:|Ferndale House, 3 Firs Street, Dudley, DY2 7DN|
|Charity Registration Number:|1156137|
|Company Registration Number:|CE001063|
The trustees’ report was approved by the Board of Trustees and signed on their behalf by
………………………………
Chairman
Dated ………………………
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## **JAYNE SARGENT FOUNDATION**
## **CHARTERED ACCOUNTANTS’ REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED FINANCIAL STATEMENTS OF THE JAYNE SARGENT FOUNDATION FOR THE YEAR ENDED 31 MARCH 2021**
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of the Jayne Sargent Foundation for the year ended 31 March 2021, which comprise the receipts and payments accounts, statement of assets and liabilities and the related notes from the charity’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/membership/regulations-standards-and-guidance.
This report is made to the charity’s trustees, as a body, in accordance with the terms of our engagement letter dated 18[th] November 2020. Our work has been undertaken solely to prepare for your approval of the financial statements of the Jayne Sargent Foundation and state those matters that we have agreed to state to the charity’s trustees, as a body, in this report in accordance with ICAEW Technical Release 08/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Jayne Sargent Foundation and the charity’s trustees as a body, for our work or for this report.
It is your duty to ensure that the Jayne Sargent Foundation has kept adequate accounting records and to prepare financial statements in accordance with the receipts and payments basis. You consider that the Jayne Sargent Foundation is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner’s report.
We have not been instructed to carry out an audit or a review of the financial statements of the Jayne Sargent Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Dyke Yaxley Limited
Chartered Accountants
1 Brassey Road Old Potts Way Shrewsbury Shropshire SY3 7FA
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## **JAYNE SARGENT FOUNDATION**
## **RECEIPTS AND PAYMENTS ACCOUNTS**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
|
**Receipts**
Donations
Sponsorship
Fundraising activities
Legacies
**Total receipts**
**Payments**
Donations made
Fundraising activities
Telephone costs
Cancer support costs
Insurance
Accountancy fees
**Total payments**
**Net (payments)**
Cash funds at 31 March 2020
**Cash funds at 31 March 2021**
|**Unrestricted Funds**
**2021**
**2020**
**£**
**£**
1,341
631
-
-
-
5,120
-
350
1,341
6,101
135
130
-
3,597
212
-
4,737
8,705
184
184
510
414
5,778
13,030
(4,437)
(6,929)
25,762
32,691
21,325
25,762|
|---|---|
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## **JAYNE SARGENT FOUNDATION**
## **STATEMENTS OF ASSETS AND LIABILITIES**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
|
**Cash funds**
NatWest Current Account
Cash in hand
**Liabilities**
Accountancy fees
|**Unrestricted**
**202**
**£**
21,324
1
21,325
525
|**Funds**
**2020**
**£**
25,757
5|
|---|---|---|
|||25,762|
|||510|
The financial statements were approved by the Trustees on ……………….
**……………………………. Trustee**
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## **JAYNE SARGENT FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Notes to the Financial Statements**
## **1. Trustee Remuneration and expenses**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
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