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2023-10-17-accounts

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

NUBIAN JAK COMMUNITY TRUST CIO

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 17 OCTOBER 2023

Following Independent Examination

Nubian Jak Community Trust (NJCT) A Registered Charity

78 York Street Marylebone London W1H 1DP

Page 1 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

TRUST INFORMATION

NJCT TRUSTEES

Dr. Doirean Wilson FRSEA (Chair and Trustee)

Dr. Margaret Busby OBE

Joanne Jarrett

Norma Stride

Vincent Onuchi (Treasurer)

Founder and CEO of Trust: Dr Jak Beula

Page 2 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

CONTENTS

Trustees Annual Report for year ending 17 October 2023 Our Mission and Achievements Financial Overview Statement of Financial Activities Statement of Financial Position

Page 3 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 17 OCTOBER 2023

This Annual Report and Financial Statements have been prepared following the Guidance of the Charity Commission for England and Wales on the content and presentation of Receipts and Payments Accounts.

The Board of Trustees has chosen to use a Receipts and Payments Account as permitted under Section 133 of the Charity Act 2011 as:

In view of all these particulars, the Board of Trustees has determined that an Independent Examination of the Trust’s finances is sufficient safeguard for the year ending 17 October 2023, given the simplicity and size of the Financial Statements.

At a Trustees Meeting held on [02 August 2023], the Trustees agreed the Annual Report comprising progress during the financial period to 17 October 2023 and the Financial Overview, including the Financial Statements.

The Trustees also voted unanimously to support the following proposition, in line with the Charity Commission’s Guidance.

“The Trustees agree that a full Audit is not required for the 17 October 2023 Accounts.”

Signed on behalf of the Board of Trustees

Joanne Jarrett Board of Trustees Nubian Jak Community Trust

Page 4 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

OUR MISSION

Our object is the promotion of equality and diversity for the public benefit, particularly but not exclusively with respect to Britain’s African Caribbean Community and those from the wider Commonwealth as well as to broadcast the hidden histories of which people of all age groups and cultures in the United Kingdom are typically unaware and which it is important for them to know.

PERPETUATION

The Trust continues to hold the Remembrance Sunday ceremony on Windrush Square. Additionally, there was a continuation of pledged funds following the unveiling of the Windrush & Commonwealth NHS Nurses and Midwives Statue as detailed in the Annual Report for the period ending 17 October 2022.

OUR ACHIEVEMENTS

During the financial period to 17 October 2023 , the Trust is proud to report the installation of ten commemorative plaques installed. These included plaques to:

Page 5 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

Page 6 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

FINANCIAL OVERVIEW

At 17 the number of transactions during the reporting period is sufficiently small to be surveyed by the Chair of Trustees, all the Trustees and the CEO, in addition to those on the Finance Sub-Committee, ensuring transparency, clarity, and probity.

Charitable income and donations were used primarily for the installation of commemorative plaques detailed in the Our Achievements section of the Annual Report. The NJCT will continue to maintain the standard of commemorative plaques and memorials seeking additional charitable funding as necessary.

Page 7 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO

Charity Reg. No. 1169656 (England & Wales)

STATEMENT OF FINANCIAL ACTIVITIES

Period to. Period to.
17 Oct 2023 17 Oct 2022
Unrestricted Restricted Total Funds Total Funds
£ £ £ £
INCOME
Donations 0 169.27 169.27 13,019.27
Sponsorship HE 0 0 0 0
Eventbrite 0 0 0 0
PayPal 0 0 0 0
TOTAL INCOME 0 169.27 169.27 13,019.27
EXPENDITURE
Donations 0 0 0 9,582.67
NJCT funds 0 4,621.20 4,621.20 0
TOTAL EXPENDITURE 0 4,621.20 4,621.20 9,582.67
NET INCOMING/(OUTGOING) FUNDS
0
(4,452.93) (4,452.93) 3,436.60
TOTAL FUNDS BROUGHT FORWARD 0 4,653.87 4,653.87 1,217.27
TOTAL FUNDS CARRIED FORWARD 0 201.94 201.94 4,653.87

Page 8 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO

Charity Reg. No. 1169656 (England & Wales)

STATEMENT OF FINANCIAL POSITION

As at. As at.
17.10.2023 17.10.2022
£ £
FIXED ASSETS 0 0
CURRENT ASSETS
Debtor amounts falling due within one year 0 0
Cash at Bank 201.94 4,658.87
NET ASSETS 201.94 4,658.87
FUNDS
Unrestricted Funds 0 0
Restricted Funds 201.94 4,658.87
TOTAL FUNDS 201.94 4,658.87

The Financial Statements are approved and signed on behalf of the Board of Trustees

Joanne Jarrett Board of Trustees Nubian Jak Community Trust

Date: 10[th] September 2024

Page 9 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

NUBIAN JAK COMMUNITY TRUST CIO

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 17 OCTOBER 2023

Following Independent Examination

Nubian Jak Community Trust (NJCT) A Registered Charity

78 York Street Marylebone London W1H 1DP

Page 1 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

TRUST INFORMATION

NJCT TRUSTEES

Dr. Doirean Wilson FRSEA (Chair and Trustee)

Dr. Margaret Busby OBE

Joanne Jarrett

Norma Stride

Vincent Onuchi (Treasurer)

Founder and CEO of Trust: Dr Jak Beula

Page 2 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

CONTENTS

Trustees Annual Report for year ending 17 October 2023 Our Mission and Achievements Financial Overview Statement of Financial Activities Statement of Financial Position

Page 3 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 17 OCTOBER 2023

This Annual Report and Financial Statements have been prepared following the Guidance of the Charity Commission for England and Wales on the content and presentation of Receipts and Payments Accounts.

The Board of Trustees has chosen to use a Receipts and Payments Account as permitted under Section 133 of the Charity Act 2011 as:

In view of all these particulars, the Board of Trustees has determined that an Independent Examination of the Trust’s finances is sufficient safeguard for the year ending 17 October 2023, given the simplicity and size of the Financial Statements.

At a Trustees Meeting held on [02 August 2023], the Trustees agreed the Annual Report comprising progress during the financial period to 17 October 2023 and the Financial Overview, including the Financial Statements.

The Trustees also voted unanimously to support the following proposition, in line with the Charity Commission’s Guidance.

“The Trustees agree that a full Audit is not required for the 17 October 2023 Accounts.”

Signed on behalf of the Board of Trustees

Joanne Jarrett Board of Trustees Nubian Jak Community Trust

Page 4 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

OUR MISSION

Our object is the promotion of equality and diversity for the public benefit, particularly but not exclusively with respect to Britain’s African Caribbean Community and those from the wider Commonwealth as well as to broadcast the hidden histories of which people of all age groups and cultures in the United Kingdom are typically unaware and which it is important for them to know.

PERPETUATION

The Trust continues to hold the Remembrance Sunday ceremony on Windrush Square. Additionally, there was a continuation of pledged funds following the unveiling of the Windrush & Commonwealth NHS Nurses and Midwives Statue as detailed in the Annual Report for the period ending 17 October 2022.

OUR ACHIEVEMENTS

During the financial period to 17 October 2023 , the Trust is proud to report the installation of ten commemorative plaques installed. These included plaques to:

Page 5 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

Page 6 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO Charity Reg. No. 1169656 (England & Wales)

FINANCIAL OVERVIEW

At 17 the number of transactions during the reporting period is sufficiently small to be surveyed by the Chair of Trustees, all the Trustees and the CEO, in addition to those on the Finance Sub-Committee, ensuring transparency, clarity, and probity.

Charitable income and donations were used primarily for the installation of commemorative plaques detailed in the Our Achievements section of the Annual Report. The NJCT will continue to maintain the standard of commemorative plaques and memorials seeking additional charitable funding as necessary.

Page 7 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO

Charity Reg. No. 1169656 (England & Wales)

STATEMENT OF FINANCIAL ACTIVITIES

Period to. Period to.
17 Oct 2023 17 Oct 2022
Unrestricted Restricted Total Funds Total Funds
£ £ £ £
INCOME
Donations 0 169.27 169.27 13,019.27
Sponsorship HE 0 0 0 0
Eventbrite 0 0 0 0
PayPal 0 0 0 0
TOTAL INCOME 0 169.27 169.27 13,019.27
EXPENDITURE
Donations 0 0 0 9,582.67
NJCT funds 0 4,621.20 4,621.20 0
TOTAL EXPENDITURE 0 4,621.20 4,621.20 9,582.67
NET INCOMING/(OUTGOING) FUNDS
0
(4,452.93) (4,452.93) 3,436.60
TOTAL FUNDS BROUGHT FORWARD 0 4,653.87 4,653.87 1,217.27
TOTAL FUNDS CARRIED FORWARD 0 201.94 201.94 4,653.87

Page 8 of 9

Docusign Envelope ID: 38764962-CCC3-4356-B81A-3C4862B8CDFB

NUBIAN JAK COMMUNITY TRUST CIO

Charity Reg. No. 1169656 (England & Wales)

STATEMENT OF FINANCIAL POSITION

As at. As at.
17.10.2023 17.10.2022
£ £
FIXED ASSETS 0 0
CURRENT ASSETS
Debtor amounts falling due within one year 0 0
Cash at Bank 201.94 4,658.87
NET ASSETS 201.94 4,658.87
FUNDS
Unrestricted Funds 0 0
Restricted Funds 201.94 4,658.87
TOTAL FUNDS 201.94 4,658.87

The Financial Statements are approved and signed on behalf of the Board of Trustees

Joanne Jarrett Board of Trustees Nubian Jak Community Trust

Date: 10[th] September 2024

Page 9 of 9