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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|
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|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|
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||**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|
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|**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|
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||**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|
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|**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)||
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||**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|
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||**2023**||**2022**||
|---|---|---|---|---|
|Charitable activities||6.0||6.0|
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|**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|
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|**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|
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|**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||
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||**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|
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||**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|