REGISTERED CHARITY NUMBER: 1185504
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for Family Forever JP
Family Forever JP
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
Family Forever JP
Reference and Administrative Details for the Year Ended 31 March 2024
TRUSTEES Mr Stephen John Powell – Chair Ms Sara Anne Bonner - Trustee Ms Samantha Palmer - Trustee Ms Danielle Louise Bullard - Trustee Mr Darren Coleman - Trustee Ms Hayley Ann Powell – Trustee Ms Lauren Dee Redhead - Trustee PRINCIPAL ADDRESS 6 Tyler Close East Malling West Malling ME19 6SW REGISTERED CHARITY 1185504 NUMBER INDEPENDENT EXAMINER Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
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Family Forever JP
Report of the Trustees
for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
FINANCIAL REVIEW
Funds in surplus
The charity received total income of £38,160 (2023: £13,650) during the year. After payment of outgoing expenses of £26,699 (2023: £6,198), the charity was left with a surplus of £11,462 (2023: £7,452) for the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Approved by order of the board of trustees on 17[th] January 2025 and signed on its behalf by:
Mr Stephen John Powell - Chair
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Independent Examiner's Report to the Trustees of Family Forever JP
Independent examiner's report to the trustees of Family Forever JP
I report to the charity trustees on my examination of the accounts of Family Forever JP (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
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 giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do 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.
Askir Ali
Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Date: 17[th] January 2025
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Family Forever JP
| Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 38,160 EXPENDITURE ON Raising funds Raising donations and legacies 2 26,698 26,698 NET INCOME 11,462 RECONCILIATION OF FUNDS Total funds brought forward 9,286 TOTAL FUNDS CARRIED FORWARD 20,748 |
31.3.23 Total funds £ 13,650 6,198 6,198 7,452 1,834 9,286 |
|---|---|
The notes form part of these financial statements
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Family Forever JP
Statement of Financial Position
| 31 March 2024 31.3.24 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 21,748 NET CURRENT ASSETS 21,748 TOTAL ASSETS LESS CURRENT LIABILITIES 21,748 ACCRUALS AND DEFERRED INCOME5 (1,000) NET ASSETS 20,748 FUNDS 6 Unrestricted funds 20,748 TOTAL FUNDS 20,748 |
31.3.23 Total funds £ 10,006 10,006 10,006 (720) 9,286 9,286 9,286 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 17[th] January 2025 and were signed on its behalf by:
Mr Stephen John Powell - Chair
The notes form part of these financial statements
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Family Forever JP
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
Family Forever JP
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
2. RAISING DONATIONS AND LEGACIES
| Support costs | 31.3.24 £ 26,698 |
31.3.23 £ 6,198 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 13,650 |
| EXPENDITURE ON | |
| Raising funds | |
| Raising donations and legacies | 6,198 |
| 6,198 | |
| NET INCOME | 7,452 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 1,834 |
| TOTAL FUNDS CARRIED | |
| FORWARD | 9,286 |
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continued...
Family Forever JP
| Notes | to the Financial Statements-continued | |||
|---|---|---|---|---|
| for the Year Ended 31 March 2024 | ||||
| 5. | ACCRUALS AND DEFERRED INCOME | |||
| 31.3.24 | 31.3.23 | |||
| £ | £ | |||
| Accruals and deferred income | 1,000 | 720 | ||
| 6. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.23 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 9,286 | 11,462 | 20,748 | |
| TOTAL FUNDS | 9,286 | 11,462 | 20,748 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 38,160 | (26,698) | 11,462 | |
| TOTAL FUNDS | 38,160 | (26,698) | 11,462 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.22 | in funds | 31.3.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 1,834 | 7,452 | 9,286 | |
| TOTAL FUNDS | 1,834 | 7,452 | 9,286 |
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continued...
Family Forever JP
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 13,650 (6,198) 7,452 13,650 (6,198) 7,452 |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.4.22 in funds £ £ 1,834 18,914 1,834 18,914 |
At 31.3.24 £ 20,748 20,748 |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 51,810 (32,896) 18,914 51,810 (32,896) 18,914 |
|---|---|
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continued...
Family Forever JP
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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| Family Forever JP | ||
|---|---|---|
| Detailed Statement of Financial Activities | ||
| for the Year Ended 31 March 2024 | ||
| 31.3.24 | 31.3.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 38,160 | 13,650 |
| Total incoming resources | 38,160 | 13,650 |
| EXPENDITURE | ||
| Support costs | ||
| Finance | ||
| Bank charges | 429 | - |
| Other | ||
| Postage and stationery | 1,173 | 129 |
| Travel and subsistence | 132 | 3 |
| Repairs and maintenance | 355 | 349 |
| Charitable donation | 11 | - |
| Website charges | - | 25 |
| Professional fee | - | 240 |
| Subscription fee | 7 | - |
| Equipment expensed | 129 | - |
| Subcontractor costs | 1,233 | 386 |
| Event costs | 22,070 | 4,346 |
| Telecommunication | 159 | - |
| 25,269 | 5,478 | |
| Governance costs | ||
| Accountancy and legal fees | 1,000 | 720 |
| Total resources expended | 26,698 | 6,198 |
| Net income | 11,462 | 7,452 |
This page does not form part of the statutory financial statements
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