Trustees’ Annual Report for the period
From: 1 Apr 2023 Period start date | To: 31 Mar 2024 Period end date
Charity name: M3 Job Club
Charity registration number: 1156499
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The relief of unemployment for the public benefit in such ways as may be thought fit, including assistance to find employment. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Provision of a free 16-week programme (three times per year) to adults enabling them to learn the tools & techniques, gain advice and employability skills to help them to secure employment. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees’ purpose is to provide a practical, positive and encouraging environment for those in job transition or placed at risk of redundancy and utilise their experiences to support members back to work. Their commitment is to keep the service free and open to those in need by continuing to donate their skills and expertise for free for the benefit of others. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | We have approximately 15 volunteers from small and large business. M3JC exists due to their generosity and ability to connect to those who give their time. Volunteers are the lifeblood of the programme, without whom, we’d not be able to operate. |
Page 1 of 12
Achievements and Performance
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SORP reference
Summary of the main Para 1.20
achievements of the charity, • 169 individuals attended our weekly
identifying the difference the courses in 2023/24
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
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Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Job Club generated income of £6,012 in the year ended 31 March 2024. Donations totalled £6,012 in the year, 58% lower than the £14,181 received in the previous year. Expenses incurred in the year totalled £15,744, 9% higher than the £14,399 incurred in 2021/22. As at 31 March 2024 the club held £11,506 in cash. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Trustees aim to maintain sufficient reserves to enable the charity to continue to deliver its services for a minimum period of 3-6 months in the event that insufficient donations are received within the next financial year. |
| Amount of reserves held | Para 1.22 | See para 1.21 above. |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations are predominantly from members and alumni. Monies also come from various smaller charitable funds applied for from local businesses. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
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Structure, Governance and Management
| Description of charity’s trusts: |
N/A | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g. unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Every charity trustee must be a natural person. No individual may be appointed as a charity trustee of the CIO if he / she is under the age of 16 years or is disqualified from acting as a charity trustee by virtue of sections 178180 of the Charities Act 2011. No one is entitled to act as a charity trustee whether on appointment or on any re- appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | None |
| Other |
Reference and Administrative details
| Charity name | M3 Job Club |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1156499 |
| Charity’s principal address | c/o Stephen Grosvenor, 1, Camden Walk, Fleet, Hampshire GU51 3EW |
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Names of the charity trustees who manage the charity
| 1 2 3 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Richard Thayer | Chairperson/Trustee | N/A | CIO | |
| Stephen Grosvenor | Trustee | N/A | CIO | |
| Maxine Hart | Trustee | N/A | CIO | |
| Kaia Vincent | Trustee | Resigned 29 Dec 2023 | CIO | |
| Louise Shenton | Trustee | Appointed 18 Jul 2023 | CIO | |
| Alison Laughlin | Trustee | Appointed 18 Mar 2024 | CIO | |
| Ralph Hegarty | Trustee | Appointed 18 Mar 2024 | CIO | |
| Amanda Fisackerley | Trustee | Appointed 19 Jul 2024 | CIO | |
– Corporate trustees names of the directors at the date the report was approved
Director name None
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| None | ||
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Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| N/A | ||
| Name of chief executive or names of senior staff members (Optional information) | ||
| Richard Thayer |
Richard Thayer
Exemptions from disclosure
Reason for non-disclosure of key personnel details
None
Other optional information
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
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Signature(s) . ANS
‘ RW
~~
aA
te ‘ ANY
f
S J Grosvenor
Full name(s) R Thayer
Position (e.g. Secretary, Chair Treasurer
Chair, etc)
Date
29 January 2025
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| 2023/24 | M3 JOBCLUB | M3 JOBCLUB | M3 JOBCLUB | M3 JOBCLUB | M3 JOBCLUB | 1156499 | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| Receipts and payments accounts | |||||||||
| For the period from | 01-Apr-23 | To | 31-M | ar-24 | |||||
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds |
Last year | |||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ |
to the nearest £ |
|||||
| A1 Receipts | |||||||||
| Fees | 0 | 0 | 0 | ||||||
| Grants | 0 | 0 | 0 | ||||||
| Sponsorship | 0 | 0 | 0 | ||||||
| Other | 0 | 0 | 0 | ||||||
| Donations | 6,012 | 0 | 6,012 | 14,161 | |||||
| 0 | 0 | 0 | |||||||
| 0 | 0 | 0 | |||||||
| 0 | 0 | 0 | |||||||
| Sub total(Gross income for AR) |
6,012 | 0 | 0 | 6,012 | 14,161 | ||||
| 0 | |||||||||
| A2 Asset and investment sales, (see table). |
|||||||||
| 0 | 0 | 0 | 0 | 0 | |||||
| 0 | 0 | 0 | 0 | 0 | |||||
| Sub total | 0 | 0 | 0 | 0 | 0 | ||||
| Total receipts | 6,012 | 0 | 0 | 6,012 | 14,161 | ||||
| A3 Payments | |||||||||
| Staffing | 8,789 | 8,789 | 8,398 | ||||||
| Management support | 0 | 0 | |||||||
| Volunteer expenses | 0 | 0 | |||||||
| Participant expenses | 0 | 0 | |||||||
| Premises (or contribution to) | 4,709 | 4,709 | 2,680 | ||||||
| Insurance (or contribution to) | 404 | 404 | 382 | ||||||
| Office / Administrative costs | 0 | 0 | 79 | ||||||
| Activity costs | 157 | 157 | 861 | ||||||
| Hire of equipment | 0 | 0 | |||||||
| Travel | 0 | 0 | 20 | ||||||
| Catering | 0 | 0 | |||||||
| IT | 1,505 | 1,505 | 1,480 | ||||||
| Misc | 180 | 0 | 180 | 499 | |||||
| Sub total | 15,744 | 0 | 0 | 15,744 | 14,399 | ||||
| -0 | |||||||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| 0 | 0 | 0 | 0 | 0 | |||||
| 0 | 0 | 0 | 0 | 0 | |||||
| Sub total | 0 | 0 | 0 | 0 | 0 | ||||
| Totalpayments | 15,744 | 0 | 0 | 15,744 | 14,399 | ||||
| Net of receipts/(payments) | -9,732 | 0 | 0 | -9,732 | -238 | ||||
| A5 Transfers between funds | 0 | ||||||||
| A6 Cash funds lastyear end | 21,238 | 0 | 21,238 | 21,476 | |||||
| Cash funds thisyear end | 11,506 | 0 | 0 | 11,506 | 21,238 | ||||
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Section B Statement of assets and liabilities at the end of the period
Unrestricted Restrict Endowment
funds ed funds
Categories Details funds
to nearest £ to nearest to nearest £
£
B1 Cash funds Cash at bank 11,506 0
- - -
- - -
Total cash funds 11,506 -
Unrestricted Restrict Endowment
funds ed funds
funds
to nearest £ to nearest to nearest £
Details £
B2 Other monetary assets - - -
- - -
Fund to which Cost Current value
Details asset belongs (optional) (optional)
B3 Investment assets - -
- -
Fund to which Cost Current value
Details asset belongs (optional) (optional)
B4 Assets retained for the - -
charity’s own use - -
- -
Fund to which Amount When due
liability relates due (optional)
Details (optional)
B5 Liabilities -
-
-
Signed by one or two trustees on
behalf of all the trustees Signature Print Name Date of
approval
Richard Thayer 29/01/2025
Stephen Grosvenor 29/01/2025
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
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Report to the trustees/ Charity Name
members of
M3 Job Club
On accounts for the year 31 March 2024 Charity no 1156499
ended (if any)
Set out on pages 8-9
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I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2024.
As the charity's trustees, you are responsible for the preparation of the accounts in Responsibilities and basis of accordance with the requirements of the Charities Act 2011 (“the Act”). report
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other 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.
Signed: OEvans Date: 29/01/2025 Name: Olivia Evans Relevant professional FCCA qualification(s) or body (if any): Address: Goringe Accountants Limited Waterside, 1650 Arlington Business Park, Theale, Reading, RG7 4SA
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Page 11 of 12
Give here brief details of any items that the examiner wishes to disclose .
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