2023-12-31-accounts - Just Earth Limited

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For the year ended 31 st December 2023	For the year ended 31 st December 2023
Contents	Page No.
Charity Information	2
Report of the Trustees	3-14
R^oitpfthe IndependenUExaminer--------------T5----------
Statement of Financial Activities	16
Balance Sheet	17
Notes to the Accounts	18-26

Charity Name:	Just Earth Limited
Working Names:	Just Earth
Registered Numbers:	Company Number: 9092105
	Charity Number: 1158050
Registered Office:	15 Lime Trees Avenue
	Llangattock
	Crickhowell
	Powys NP8 ILB
Website address:	www.justearth.org
Trustees:	Rev Bruce Collins
	Mr David Cross
	Mrs Alex Lloyd Davies
	Mr Geir Haraldseid (appointed 03/07/2023)
	Rev Evelyn Lee-Barber
	Mr Gerwyn Miles
	Mr Peter Tyler
Secretary:	Mr Gerwyn Miles
Independent Examiner:	Conway Davis Limited
	Chartered Certified Accountants
	4 Station Terrace
	Caerphilly
	CF83 IHD
Bankers:	CAP Bank Ltd
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent
	ME19 4JQ

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Table 1	Best FFS Yield	Weakest FFS Yield
	Improvement	improvement
Year 1 FFS	3.3 times baseline	1.6 times baseline
Year 2 FFS	4.4 times baseline	1.2 times baseline

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		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds 2023	Funds 2022
	Note	£	£	£	£
Incoming resources:
Donations and legacies	3	172,587	14,039	186,626	225,002
Charitable activities:		-	-	-	-
Activities for raising funds
Trading activities	4	2,008	-	2,008	7,874
Investments
		2,420		2,420	732
Total Income		177,015	14,039	191,054	233,608
Expenditure on:
Raising Funds
Fundraising costs	5	2,233	-	2,233	60
Operating costs of trading activities	5	12,744	-	12,744	36,714
Charitable activities	6	193,788	10,249	204,037	164,395
Total Expenditure		208,765	10,249	219,014	201,169
Net income		(31,750)	3,790	(27,960)	32,439
Other recognised (losses) gains
Foreign exchange (losses)/ gains	7	(14,663)	(2,593)	(17,256)	(2,196)
Net Movement in Funds before transfers
		(46,413)	1,197	(45,216)	30,243
Transfers between funds		-	-	•
Net Movement in Funds after transfers		(46,413)	1,197	(45,216)	30,243
Total funds brought forward		306,449	9,135	315,584	285,341
Total funds carried forward		260,036	10,332	270,368	315,584

	Note	2023		2022
		£	£	£	£
Fixed Assets
Tangible assets	8		90,658		103,410
Current Assets
Stock				241
Debtors	9	18,873		32,762
Cash at bank and in hand		163,459		180,874
		182,332		213,877
Creditors
Wages and salaries control				2
Accruals	10	2,622		1,701
		2,622		1,703
			179,710		212,174
Total assets less current liabilities			270,368		315,584
Net assets			270,368		315,584
Represented by:
Unrestricted funds	12		260,036		306,449
Restricted funds	13		10,332		2,922
			270,368		309,371

Net movement in funds
	2023	2022
	£	£
The net movement in funds for the year is stated after	charging:
Depreciation and other amounts written off tangible
fixed assets:
Owned assets	16,221	8,175
(Profit)/Loss on disposal of fixed assets	(1,376)	4,228
Independent examiners fee	850	850

	Unrestricted	Restricted	Total Funds	Total Funds
	funds	Funds	2023	2022
	£	£	£	£
Donations from organisations,	172,587	14,039	186,626	215,002
churches and individuals
Other trusts				10,000
	172,587	14,039	186,626	225,002
Income from activities for raising funds
	Unrestricted	Restricted	Total Funds	Total Funds
	funds	Funds	2023	2022
	£	£	£	£
Produce sales	2,008	-	2,008	7,874
Cost of raising funds
	Unrestricted	Restricted	Total Funds	Total Funds
	funds	Funds	2023	2022
	£	£	£	£
Other costs	2,233	-	2,233	60
	2,233	-	2,233	60
Fundraising costs of trading activities	6,861	-	6,861	24,942
Depreciation	7,259	-	7,259	7,544
(Loss) on disposal of fixed assets	(1,376)	-	(1,376)	4,228
	12,744	-	12,744	36,714
	14,977	•	14,977	36,774

Charitable activities
	Unrestricted	Restricted	Total Funds	Total Funds
	funds	Funds	2023	2022
	£	£	£	£
Farm School Activities in Kenya	64,117	-	64,117	42,540
Employee costs	65,864	-	65,864	72,629
Travel & Accommodation costs	28,238	-	28,238	25,989
Administration Costs	26,607	-	26,607	15,326
Depreciation - charitable activites	8,962	-	8,962	631
Currency translation movements	-	-	-	(2,386)
Houston Baptist Project	-	10,249	10,249	9,667
	193,788	10,249	204,037	164,395

Other gains/(losses)
	Unrestricted	Restricted	Total Funds	Total Funds
	funds	Funds	2022	2021
	£	£	£	£
Profit/(loss) on foreign exchange	(14,663)(2,593)		(17,256)(2,196)

	2023	2022
	£	£
Staff salaries	59,488	71,466
Employers pension contributions	4,035	4,127
Employers medical costs	3,136	4,123
Casual and volunteer staff	13,214	18,911
Other staff costs	10,439	8,059
	90,313	106,686

	2023		2022
Charitable activities		6.0		6.0

9.	Fixed Assets
		Farm	Motor cycles	Fixtures,	Total Funds
		buildings	& vehicles	fittings &	2023
				equipment
		£	£	£	£
	Cost
	As at 1st Jan 2023	10,472	66,697	55,220	132,389
	Additions	3,469	-	-	3,469
	Disposal	-	(22,189)	-	(22,189)
	As at 31 st Dec 2023	13,941	44,508	55,220	113,669
	Depreciation
	As at 1st Jan 2023	125	23,323	5,531	28,979
	Charge in the year	1,194	8,675	6,352	16,221
	Eliminated depreciation on disposals	-	(22,189)	-	(22,189)
	As at 31 st Dec 2023	1,319	9,809	11,883	23,011
	Net Book Value
	As at 31 st Dec 2023 _	12,622	34,699	43,337	90,658
	As at 31st Dec 2022 _	10,347	43,374	49,689	103,410
10.	Debtors
			2023		2022
			£		£
	Prepayments		4,836		5,177
	Other debtors		4,942		15,627
	Working capital loans		9,095		11,958
			18,873		32,762
	Creditors: Amounts falling due within one year
			2023		2022
			£		£
	Provisions		465		621
	Accruals		850		1,080
	Salary Related Accruals		1,109		-
	Employee Reimbursements		108		-
	Accounts Payable		90		-
			2,622		__1,701

Unrestricted Funds
	General	Total
	Fund
	£	£
Balance at 1 January 2022	306,449	306,449
Net income for the year	(31,750)	(31,750)
Foreign exchange losses	(14,663)	(14,663)
Balance at 31 December 2022	260,036	260,036

Restricted Funds
	Houston	ACK	Total	2023
	Baptist	Donation
	Project	2021
	£	£	£
Balance at 1 January 2023	8,337	798		9,135
Net income for the year	3,790	-		3,790
Translation movements	(2,593)	-	(2,593)
Balance at 31 December 2022	9,534	798	10,332

	Unrestricted	Restricted	Total Funds	Total Funds
	funds	funds	2023	2022
	£	£	£	£
Tangible assets	90,658	-	90,658	103,410
Cash at bank and in hand	153,127	10,332	163,459	180,874
Other net assets/(liabilities)	16,251	-	16,251	31,299
	260,036	10,332	270,368	315,583

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Income from:
Donations and legacies	209,872	15,130	225,002
Charitable activities:	-	-	-
Activities for raising funds
Trading activities	7,874	-	7,874
Investments
Bank interest received	732	-	732
Total Income	218,478	15,130	233,608
Expenditure on:
Raising Funds
Operating costs of trading activities	36,714		36,714
Fundraising costs	60		60
Charitable activities	155,478	8,917	164,395
Total Expenditure	192,252	8,917	201,169
Net income	26,226	6,213	32,439
Other recognised (losses) gains
Foreign exchange (losses)/ gains	(2,196)		(2,196)
Net Movement in Funds before transfers	24,030	6,213	30,243
Transfers between funds	•		•
Net Movement in Funds after transfers	24,030	6,213	30,243
Total funds brought forward	282,419	2,922	285,341
Total funds carried forward	306,449	9,135	315,584