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2024-10-31-accounts

REGISTERED CHARITY NUMBER: 1185819

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 October 2024

for

Liberty Jamboree

Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ

Liberty Jamboree

Contents of the Financial Statements for the Year Ended 31 October 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Cash Flow Statement 14
Notes to the Cash Flow Statement 15
Notes to the Financial Statements 16 to 25

Liberty Jamboree

Reference and Administrative Details for the Year Ended 31 October 2024

TRUSTEES A Hall (Chair) V Kerman (Vice Chair) A Barnett (Treasurer) K Steventon Roberts (Secretary) K Smith M Clayton E Clayton E Hall S Barnes S Walker A Kerr (Member Trustee) L Atkins (Member Trustee) PRINCIPAL ADDRESS 4 Saltcroft Hawks Yard Armitage Staffordshire WS15 1SR REGISTERED CHARITY 1185819 NUMBER INDEPENDENT EXAMINER Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ BANKERS Barclays Bank Plc Leicester LE87 2BB

Page 1

Liberty Jamboree

Report of the Trustees

for the Year Ended 31 October 2024

The trustees present their report with the financial statements of the charity for the year ended 31 October 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).

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts.

Chair's Foreword

By Ashley Hall, Chair of Trustees

As Chair of Trustees, I am pleased to present the Annual Report for Liberty Jamboree.

2023-2024 has been a year of remarkable progress, resilience, and growth. Our commitment to inclusion, creativity, and empowerment remains resolute.

One of the most transformative moments this year has been the development of our capital building project, funded by the Department for Culture, Media and Sport's Youth Investment Fund (DCMS YIF). With this funding, Liberty Jamboree now owns a dedicated facility at the Lichfield Sports Club site on Eastern Avenue, Lichfield.

This new space provides Liberty with a long-awaited foundation of stability and sustainability. It will serve as a hub for inclusive activities, SEND services, and innovative programming for years to come - allowing us to expand our reach and deepen our impact.

Structure, Governance and Management

Liberty Jamboree operates as a Charity governed by a constitution adopted on 15 October 2019. The charity is managed by a Board of Trustees who oversees strategy, compliance and impact. Operational delivery is the responsibility of the Senior Leadership Team, comprising the CEO and senior staff, staff and volunteers.

Maggi Huckfield, is Chief Executive Officer to whom the charity trustees delegate day-to-day management of the charity on the date this report was approved.

Governance and Decision-Making

Liberty Jamboree maintains structured and accountable governance, including:

Trustees are elected through nomination and seconding at the charity's Annual General Meeting (AGM) and can serve for up to 3 terms, nine years in total. In line with Charity Commission guidance, trustees may step down at any point by giving notice to the Chair at least one month prior to the AGM

All trustees receive annual safeguarding Level 1 training delivered by an external provider. Additionally, the Board uses a skills matrix system to review and strengthen the range of trustee expertise, ensuring effective support for operational work, including national representation through events such as the Liberty Jamboree. - Transparent co-option for interim trustee appointments

Trustees are directly accountable to the charity's members. No external body appoints trustees.

Charitable Objectives and Public Benefit

Page 2

Liberty Jamboree

Report of the Trustees

for the Year Ended 31 October 2024

In line with Section 17 of the Charities Act 2011 , the Board confirms that all services are designed to deliver measurable public benefit in education, health, i nclusion, and personal development.

Staff Remuneration and Salary Governance

In line with standard charity practice and sector expectations, Liberty Jamboree determines staff salaries by benchmarking roles against comparable positions within the voluntary, youth, and public sectors. Pay levels take into account the experience, qualifications, and responsibilities of each role.

All remuneration decisions are reviewed and approved by the Board of Trustees, ensuring alignment with the charity's mission, financial position, and long-term sustainability.

For senior roles, including the CEO, salary levels are discussed at board level and subject to scrutiny to ensure fairness and transparency.

Liberty Jamboree is committed to ensuring that all staff are paid at or above the Real Living Wage, with regular reviews to ensure salaries remain competitive and in line with best practice across the sector.

Addendum - 2023-2024 Context: Youth Investment Fund

For the year ending 2024, temporary salary uplifts were introduced across specific roles as a result of increased operational demands and additional funding from the Department for Culture, Media and Sport's Youth Investment Fund (YIF).

These included time-limited uplifts to the CEO and Senior Leadership Team to bring salaries closer to sector benchmarks, reflecting both the increased organisational responsibility and intensity of work linked to the capital build project. These adjustments were fully funded through YIF revenue support and were approved by the Board.

All affected posts are on fixed-term contracts, with the salary uplifts due to conclude in July 2024 unless further funding is secured. These temporary arrangements were introduced solely to support the delivery and oversight of the YIF project and are not indicative of ongoing salary levels within the organisation.

Activities and Achievements

Liberty Jamboree delivers three flagship programmes:

Key Highlights (2023-2024):

Risk Management and Internal Controls

Risks include:

Page 3

Liberty Jamboree

Report of the Trustees

for the Year Ended 31 October 2024

The trustees review all policies annually.

Financial Oversight and Reserves

Liberty adheres to the Charities SORP and maintains strict financial controls.

Financial Summary (2023-2024):

The charity's reserves policy ensures unrestricted reserves can cover six months of core operations.

Partnerships and Stakeholder Engagement

Key partnerships included:

Strategic relationships have also been developed with MPs, regional funders and policy advocates to influence improved provision for individuals with SEND.

Future Plans

Key Compliance Statements

GDPR Compliance

Liberty processes personal data lawfully and transparently under GDPR. Trustees are responsible for ensuring regular updates to the data protection policy. Consent is collected for marketing and reporting purposes.

Safeguarding

We maintain a zero-tolerance policy towards abuse and harm.

All staff and volunteers are trained, and a Designated Safeguarding Lead oversees incident management and compliance across all sites.

Modern Slavery

Liberty Jamboree adheres to Section 54(1) of the Modern Slavery Act 2015 . We:

Trustees are responsible for monitoring and updating these protections.

Page 4

Liberty Jamboree

Report of the Trustees for the Year Ended 31 October 2024

Statement of Trustees' Responsibilities

Trustees must prepare accounts that are:

They are also responsible for safeguarding charity assets and preventing fraud or mismanagement.

Acknowledgements

The Trustees would like to express deep thanks to:

We look forward to the continued growth and sustainability that this transformational year has made possible.

CEO Report

1. Objectives

Liberty Jamboree's vision is that children, young people, and young adults in Staffordshire and the West Midlands with learning and/or physical disabilities, neurodiversity, and/or Social and Emotional Mental Health (SEMH) are treated with dignity, respect, and compassion, achieve their full potential, gain independence, and are empowered to make choices and contribute meaningfully to society, unlimited by disadvantage and societal barriers.

Using youth work principles and practice in all our work with our members and families/carers, Liberty Jamboree's Mission is to create positive opportunities, celebrate our members' abilities not disabilities, challenge disadvantage, exclusion, and lack of public understanding by:

Our work advocating for and offering information, advice and guidance to our Members, Families, and Carers.

At Liberty Jamboree we're passionate about our information, advice and guidance services. During the year we've offered 6 parent/carer sessions, where 154 parents and carers have received information from targeted services.

Family Support Worker also provides one to one support when meeting new members and their family, of all those who have attended. The Family support worker carried out 36 homes visits and 26 Centre visits offering Waiting Safely services.

Our work in challenging and delivering change and promoting greater public understanding of disability through campaigning and influencing.

During the year our groups have taken part in the following activities in our community and contributed to a greater public understanding of disability:

Page 5

Liberty Jamboree

Report of the Trustees

for the Year Ended 31 October 2024

2. Achievements and Performance

During 2023-2024 Liberty management team worked with an external consultant to develop how they present their work and measure their outcomes. In order to do this Liberty Jamboree have identified three distinct work streams, th is has enabled the charity to evidence against clear outcomes within each work stream:

Dynamic Delivery Stream 1 - Liberty Inclusive Youth Services

Liberty Inclusive Youth Services' goal is to provide a broad range of out of school activities to support our members physical, creative, and social, moral, spiritual, and cultural (SMSC) development through:

These services are offered to 323 members aged 8 to 18 . The range of opportunities on offer means that our members can pick and choose what suits them best at any point in time. Our committed and talented team have delivered 15,500 contact hours of inclusive youth services activities throughout the year.

Dynamic Delivery Stream 2 - Jamboree On Board Day Opportunities

Jamboree On Board Day Opportunities' goal is to provide day opportunities to our members and support them to integrate meaningfully into their community by:

63 Jamboree On Board Members have been awarded at least one national accreditation, many have achieved more than one. We're delighted to announce that in the year:

Our Jamboree On Board members have delivered 145,644 hours of volunteering during the year and our incredible young people have:

Page 6

Liberty Jamboree

Report of the Trustees

for the Year Ended 31 October 2024

Dynamic Delivery Stream 3 - Jamboree Over 18 Social Outings and Holidays

Jamboree Over 18 Social Outings and Holidays' goal is to provide young people aged 18+ with meaningful community-based activities so they can integrate within, and contribute to, society and their local community, enabling them to live independently and experience the life they want to live.

Our 245 members aged 18+ have been active in the year. We've had:

Demographics and Membership

Over the past year Liberty Jamboree had 168 new members.

Since inception we have seen our numbers grow exponentially, as new members join us only a few leave each year because we continue to our over 18 offerings

During 2023-2024 Liberty's Membership grew with:

The intersectionality of our membership.

3. Structure, Governance and Management

Staffing and Volunteers

Liberty employs a diverse team, including:

4. Team composition:

All PAYE staff receive at least the Living Wage, with JNC terms applied to relevant roles.

Page 7

Liberty Jamboree

Report of the Trustees for the Year Ended 31 October 2024

We have 16 volunteers who support the work across all work streams.

5. Risk Management

Liberty Jamboree has strengthened its governance, compliance, and reporting systems:

6. Financial Review

During the reporting period, Liberty Jamboree received core funding through the Youth Investment Fund (YIF), as reflected in the financial statements. This funding has provided essential support to the charity's delivery capacity and infrastructure. Specifically, it enabled the employment of:

The charity is currently in Year 3 of a 5-year Youth Investment Fund programme. This funding also sustains two 0.5 FTE youth work roles, filled by individuals progressing through Stages 2 and 3 of their JNC-accredited youth work degrees. In addition, the fund supports the engagement of eight sessional youth workers, each delivering one session per week. Funding payments are structured in two instalments over a six-month cycle, with the most recent payment completed in November.

Income from Other Sources

In addition to the YIF, Liberty Jamboree successfully secured a range of restricted and unrestricted grants through external fundraising and project bids. These income streams supported a variety of targeted programmes, as outlined below:

Funder Project or Purpose
LDC Local Task Fund The Art of Being Fabulous
Sport England Dance Project
ICB LD&A Partnership (Small Grants 2023) 8-week Plant Plot, Woodwork, and Dreams Projects
DofE Diamond Tour Fund Expedition and Equipment Support
Together Active / Sport England [Project Title Pending]
SPACE Summer Holiday Provision
HAF (Holiday Activities and Food) Fund Winter, Easter & Summer Programmes
Sainsbury's Community Grant Food Provision for Youth Clubs
Ray Williams Trust Transport for Independent Living Skills
Bill Longmore Foundation Sports Equipment and Activities
Lichfield District Council Volunteer Coordination Role
National Lottery Art Bridges: Intergenerational Arts Programme
Co-op Unrestricted Core Support
Screwfix Foundation Building and Infrastructure Improvements
Sport England (Additional) 'JOB Sports' Programme

Financial Sustainability and Reserves

Liberty Jamboree currently holds unrestricted reserves equivalent to approximately six months of core expenditure. The Trustees are satisfied that this level of reserves remains appropriate for the size and scale of the charity's operations, in line with our reserves policy.

Page 8

Liberty Jamboree

Report of the Trustees for the Year Ended 31 October 2024

However, continued receipt of Youth Investment Fund income restricts access to several traditional trusts and foundations, presenting challenges to the diversification of funding. In response, the charity is proactively pursuing alternative strategies, including:

The charity is also grateful to the Mercer Family Foundation for their continued support into a fourth year, which remains critical to our sustainability planning.

Future Outlook

Looking ahead, Liberty Jamboree anticipates financial pressures as YIF funding begins to phase out. While modest increases to service user contributions (subscriptions) are planned to help address part of the anticipated shortfall, Trustees recognise the need for sustained and diversified income generation to ensure the charity's long-term resilience.

The Board remains committed to maintaining financial stability while delivering high-quality, inclusive services to young people across the region. Trustees will continue to review budgets, explore new funding avenues, and work collaboratively with staff and stakeholders to secure Liberty's future.

Treasurer's Report

This Treasurer's Report provides a summary of the charity's financial performance, health, and sustainability for the year ending 31 October 2024. It supports the wider Trustees' Annual Report and ensures compliance with the Charities Act 2011 and the Charities SORP (FRS 102).

1. Financial Overview

During the 2023-2024 financial year, Liberty Jamboree received total income of £990,711 marking a significant 124% increase from the previous year. Expenditure for the same period was £537,132, resulting in a net surplus of £455,579 This surplus has increased total reserves to £628,799 by year-end.

2. Income and Expenditure Breakdown

Key sources of income included:

Expenditure totalled £535,132 and was distributed across:

3. Reserves Policy and Position

Liberty Jamboree maintains a reserves policy to cover a minimum of six months of core operating costs. As of 31 October 2024, unrestricted reserves totaled £239,307 meeting and exceeding this target. This prudent position ensures operational continuity and financial resilience.

4. Risk Management and Financial Controls

The charity operates within a robust financial control environment. During the reporting period, the following systems were adopted or enhanced:

Page 9

Liberty Jamboree

Report of the Trustees

for the Year Ended 31 October 2024

5. Fund Accounting and Compliance

All financial statements have been prepared in accordance with the Charities SORP (FRS 102) and the Charities Act 2011. Restricted funds were used solely for the purposes intended by donors and grant-makers.

6. Future Financial Outlook

The charity is approaching the latter half of its Youth Investment Fund cycle and anticipates the need to secure replacement funding for core activities. Trustees are prioritising:

Despite economic pressures, Liberty Jamboree is well-positioned for sustained impact and financial health.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Approved by order of the board of trustees on 1 July 2025 and signed on its behalf by:

A Hall (Chair) - Trustee

Page 10

Independent Examiner's Report to the Trustees of Liberty Jamboree

Independent examiner's report to the trustees of Liberty Jamboree

I report to the charity trustees on my examination of the accounts of Liberty Jamboree (the Trust) for the year ended 31 October 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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.

Sean Douglass FCA

Bates Weston LLP Chartered Accountants The Mills Canal Street Derby DE1 2RJ

1 July 2025

Page 11

Liberty Jamboree

Statement of Financial Activities

for the Year Ended 31 October 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
25,770
Charitable activities
4
Inclusive programmes
309,863
Other trading activities
3
-
Total
335,633
EXPENDITURE ON
Raising funds
1,941
Charitable activities
5
Inclusive programmes
230,614
Total
232,555
NET INCOME
103,078
RECONCILIATION OF FUNDS
Total funds brought forward
136,228
TOTAL FUNDS CARRIED FORWARD
239,306		 Restricted
funds
£
300,731
354,347
-
655,078
-
302,577
302,577
352,501
36,992
389,493		 2024
Total
funds
£
326,501
664,210
-
990,711
1,941
533,191
535,132
455,579
173,220
628,799		 2023
Total
funds
£
33,998
406,197
1,448
441,643
422
397,251
397,673
43,970
129,250
173,220

The notes form part of these financial statements

Page 12

Liberty Jamboree

Balance Sheet 31 October 2024

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
12
-
CURRENT ASSETS
Debtors
13
3,985
Cash in hand
245,878
249,863
CREDITORS
Amounts falling due within one year
14
(10,556)
NET CURRENT ASSETS
239,307
TOTAL ASSETS LESS CURRENT
LIABILITIES
239,307
NET ASSETS
239,307
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
297,826
3,780
216,296
220,076
(128,410)
91,666
389,492
389,492		 2024
Total
funds
£
297,826
7,765
462,174
469,939
(138,966)
330,973
628,799
628,799
239,307
389,492
628,799		 2023
Total
funds
£
17,744
1,441
164,834
166,275
(10,799)
155,476
173,220
173,220
136,228
36,992
173,220

The financial statements were approved by the Board of Trustees and authorised for issue on 1 July 2025 and were signed on its behalf by:

A Hall (Chair) - Trustee

The notes form part of these financial statements

Page 13

Liberty Jamboree

Cash Flow Statement

for the Year Ended 31 October 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2024
£
580,955
580,955
(283,615)
(283,615)
297,340
164,834
462,174		 2023
£
56,771
56,771
(10,994)
(10,994)
45,777
119,057
164,834

The notes form part of these financial statements

Page 14

Liberty Jamboree

Notes to the Cash Flow Statement

for the Year Ended 31 October 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2024 2023
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 455,579 43,970
Adjustments for:
Depreciation charges 3,533 3,000
(Increase)/decrease in debtors (6,324) 11,759
Increase/(decrease) in creditors 128,167 (1,958)
Net cash provided by operations 580,955 56,771
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.11.23 Cash flow At 31.10.24
£ £ £
Net cash
Cash at bank and in hand 164,834 297,340 462,174
164,834 297,340 462,174
Total 164,834 297,340 462,174

The notes form part of these financial statements

Page 15

Liberty Jamboree

Notes to the Financial Statements for the Year Ended 31 October 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.

Grants

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of meeting any performance related conditions, there is not unconditional entitlement to the income and its recognition is deferred and included in creditors as deferred income until the performance-related conditions are met. Where entitlement occurs before income is received, the income is accrued.

Capital grants are recognised in full when there is an unconditional entitlement to the grant. Unspent amounts of capital grants are reflected in the balance sheet in the restricted fund. Capital grants are recognised when there is entitlement and are not deferred over the life of the asset on which they are expended.

The charity is benefiting from funding from the Youth Investment Fund. The funding is not recognised as a capital grant until there is unconditional entitlement from costs being incurred. The expenditure is capitalised in assets under construction until the project is complete.

Donations

Donations are recognised on a receivable basis (where there are no performance-related conditions) where the receipt is probable and the amount can be reliably measured.

Other income

Other income, including programme payments, is recognised in the period it is receivable and to the extent the charity has provided the goods or services.

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 inclusive of VAT 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.

Expenditure on raising funds

This includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Charitable activities

These are costs incurred on the charity’s inclusive programmes, including support costs and costs relating to the governance of the charity.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Page 16

continued...

Liberty Jamboree

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

1. ACCOUNTING POLICIES - continued

Tangible fixed assets

Tangible assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any provision for impairment.

Where tangible fixed assets have been acquired with the aid of specific grants, they are included in the Balance Sheet at cost and depreciated over their expected useful economic life. Where there are specific conditions attached to the funding requiring the continued use of the asset, the related grants are credited to a restricted fund in the Statement of Financial Activities and carried forward in the Balance Sheet. Depreciation on the relevant assets is charged directly to the restricted fund in the Statement of Financial Activities. Where tangible fixed assets have been acquired with unrestricted funds, depreciation on such assets is charged to the unrestricted fund.

Depreciation is provided on all tangible fixed assets other than freehold land and assets under construction, at rates calculated to write off the cost of each asset on an appropriate basis over its expected useful life, as follows:

Motor vehicles - 20% on cost

Assets in the course of construction are included at cost. Depreciation on these assets is not charged until they are brought into use and reclassified to land and buildings.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charity for UK corporation tax purposes.

Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by part 11, chapter 3 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

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.

Debtors

Debtors are recognised at the invoice amount and are assessed for impairment at each reporting period.

Creditors

Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

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continued...

Liberty Jamboree

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

2.
DONATIONS AND LEGACIES
Donations
Capital grants
Grants received, included in the above, are as follows:
Community Foundation
Ray Williams Foundation
Screwfix
Youth Investment Fund
The Sweeney Foundation
Other grants < o5k
3.
OTHER TRADING ACTIVITIES
Youth club income
Rental income
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Programme payments
Inclusive programmes
Grants
Inclusive programmes
Grants received, included in the above, are as follows:
Dance Exchange
Community Foundation
Staffordshire County Council
Together Active
National Lottery
Lichfield District Council
NHS Stoke
Mercer Family Foundation
Nufumis
HAF
Sport England
Youth Investment Fund
Carried forward		 2024
£
25,771
300,730
326,501
2024
£
-
3,830
5,760
280,140
10,000
1,000
300,730
2024
£
-
-
-
2024
£
309,863
354,347
664,210
2024
£
-
6,280
-
4,285
49,192
-
-
15,000
-
23,400
13,724
225,953
337,834		 2023
£
20,218
13,780		 2023
£
20,218
13,780
33,998
2023
£
6,280
5,500
-
-
-
2,000
13,780
2023
£
822
626
1,448
2023
£
224,679
181,518		 2023
£
822
626
1,448
406,197
2023
£
5,025
-
21,240
9,000
83,661
19,890
7,200
15,000
6,443
7,450
-
-
174,909

Page 18

continued...

Liberty Jamboree

Notes to the Financial Statements - continued for the Year Ended 31 October 2024

4.
INCOME FROM CHARITABLE ACTIVITIES - continued
Brought forward
Other grants < o5k
5.
CHARITABLE ACTIVITIES COSTS
Inclusive programmes
6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Programme costs
7.
GRANTS PAYABLE
Inclusive programmes
8.
SUPPORT COSTS
Inclusive programmes
Inclusive programmes		 2024
£
337,834
16,513
354,347
Direct
Support
Costs (see
costs (see
note 6)
note 8)
£
£
361,397
171,794
2024
£
230,805
130,592
361,397
2024
£
-
Staff
Premises
costs
and IT
£
£
68,045
48,914
Governance
Transport
costs
£
£
10,364
39,776		 2023
£
174,909
6,609
181,518
Totals
£
533,191
2023
£
164,108
103,392
267,500
2023
£
1,228
Marketing
£
4,695
Totals
£
171,794

Page 19

continued...

Liberty Jamboree

Notes to the Financial Statements - continued for the Year Ended 31 October 2024

8. SUPPORT COSTS - continued

Support costs, included in the above, are as follows:

2024
Inclusive
programmes
£
Wages
43,812
Social security
19,164
Staff training
5,069
Rates and water
-
Insurance
2,400
Light and heat
-
Telephone
2,427
Postage and stationery
11,812
Repairs and renewals
5,134
Computer costs and consumables
15,400
Rent
8,208
Depreciation of tangible fixed assets
3,533
Marketing
4,695
Transport
10,364
Accountancy
4,329
Professional fees
35,447
171,794		 2023
Total
activities
£
49,343
10,811
9,833
966
2,189
5,888
3,110
2,177
4,118
3,566
6,000
3,000
-
20,090
4,800
2,632
128,523

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023.

10. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
Charitable service work		 2024
£
274,617
19,164
293,781
2024
8		 2023
£
213,451
10,811
224,262
2023
8

No employees received emoluments in excess of £60,000.

The key management personnel of the charity comprise the trustees and the senior management team as detailed on page 2. The total amount of key management personnel benefits (including employer pension contributions and employer national insurance contributions) received by key management personnel for their services to the charity was £51,340.

Page 20

continued...

Liberty Jamboree

Notes to the Financial Statements - continued for the Year Ended 31 October 2024

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,229
Charitable activities
Inclusive programmes
217,459
Other trading activities
1,448
Total
241,136
EXPENDITURE ON
Raising funds
422
Charitable activities
Inclusive programmes
219,887
Total
220,309
NET INCOME
20,827
RECONCILIATION OF FUNDS
Total funds brought forward
115,401
TOTAL FUNDS CARRIED FORWARD
136,228
12.
TANGIBLE FIXED ASSETS
Assets in
course of
construct
ion
£
COST
At 1 November 2023
10,994
Additions
280,415
At 31 October 2024
291,409
DEPRECIATION
At 1 November 2023
-
Charge for year
-
At 31 October 2024
-
NET BOOK VALUE
At 31 October 2024
291,409
At 31 October 2023
10,994		 Restricted
funds
£
11,769
188,738
-
200,507
-
177,364
177,364
23,143
13,849
36,992
Motor
vehicles
£
15,000
3,200
18,200
8,250
3,533
11,783
6,417
6,750		 Total
funds
£
33,998
406,197
1,448
441,643
422
397,251
397,673
43,970
129,250
173,220
Totals
£
25,994
283,615
309,609
8,250
3,533
11,783
297,826
17,744		 Total
funds
£
33,998
406,197
1,448
441,643
422
397,251
397,673
43,970
129,250
173,220

Page 21

continued...

Liberty Jamboree

Notes to the Financial Statements - continued for the Year Ended 31 October 2024

13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals and deferred income
15.
MOVEMENT IN FUNDS
At
1.11.23
£
Unrestricted funds
General fund
136,228
Restricted funds
Restricted funds under £5k
-
Restricted Fixed Asset fund
6,750
Lichfield District Council
7,263
National Lottery
22,979
Sport England
-
Youth Investment Fund - Revenue
-
Youth Investment Fund - Capital
-
36,992
TOTAL FUNDS
173,220		 2024
£
600
7,165
7,765
2024
£
138,966
Net
movement
in funds
£
103,079
925
12,227
(7,263)
-
7,331
59,140
280,140
352,500
455,579		 2023
£
-
1,441
1,441
2023
£
10,799		 2023
£
-
1,441
1,441
At
31.10.24
£
239,307
925
18,977
-
22,979
7,331
59,140
280,140
389,492
628,799

Page 22

continued...

Liberty Jamboree

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted funds under £5k
Restricted Fixed Asset fund
HAF
Lichfield District Council
Mercer Family Foundation
National Lottery
Sport England
Community Foundation
Youth Investment Fund - Revenue
Youth Investment Fund - Capital
TOTAL FUNDS		 Incoming
resources
£
335,633
25,628
15,760
23,400
-
15,000
49,192
13,724
6,280
225,954
280,140
655,078
990,711		 Resources
Movement
expended
in funds
£
£
(232,554)
103,079
(24,703)
925
(3,533)
12,227
(23,400)
-
(7,263)
(7,263)
(15,000)
-
(49,192)
-
(6,393)
7,331
(6,280)
-
(166,814)
59,140
-
280,140
(302,578)
352,500
(535,132)
455,579

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Restricted Fixed Asset fund
Lichfield District Council
National Lottery
TOTAL FUNDS		 At
1.11.22
£
115,401
9,750
-
4,099
13,849
129,250		 Net
movement
in funds
£
20,827
(3,000)
7,263
18,880
23,143
43,970		 At
31.10.23
£
136,228
6,750
7,263
22,979
36,992
173,220

Page 23

continued...

Liberty Jamboree

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted funds under £5k
Restricted Fixed Asset fund
HAF
SPACE
Dance Exchange
Ray Williams
Lichfield District Council
Mercer Family Foundation
Nufumis
Together Active
Staffordshire County Council
National Lottery
NHS Stoke
TOTAL FUNDS		 Incoming
resources
£
241,136
13,818
-
7,450
6,280
5,025
5,500
19,890
15,000
6,443
9,000
21,240
83,661
7,200
200,507
441,643		 Resources
Movement
expended
in funds
£
£
(220,309)
20,827
(13,818)
-
(3,000)
(3,000)
(7,450)
-
(6,280)
-
(5,025)
-
(5,500)
-
(12,627)
7,263
(15,000)
-
(6,443)
-
(9,000)
-
(21,240)
-
(64,781)
18,880
(7,200)
-
(177,364)
23,143
(397,673)
43,970

Restricted Fixed Asset fund - £10,000 was provided from The Sweeney Foundation and £5,760 was provided from Screwfix to contribute to the costs of the club house extension.

HAF - Funding provided from Staffordshire County Council for the delivery of the holiday, activities and food programme.

Mercer Family Foundation - £10,000 of funding was provided to support the salary costs of the CEO and £5,000 was provided for projects for young people.

National Lottery - Funding provided for one full time JNC equivalent youth worker on a 52 week contract, 8 sessional youth workers who live with special educational needs and disabilities, a 0.5 post JNC worker to support the delivery of youth programmes and delivery of a bespoke intergenerational arts programme.

Sport England - Funding provided to support the delivery of physical activity projects.

Youth Investment Fund - £315,670 was granted to develop the marketing and revenue generation skills of the charity and £1,584,600 was granted for the extension of the charities club house. All funding received was provided by the Social Investment Business Foundation.

Funders under £5k - Provided to support the delivery of bespoke sports and youth provisions and to access inclusive equipment to ensure all can be involved.

Page 24

continued...

Liberty Jamboree

Notes to the Financial Statements - continued for the Year Ended 31 October 2024

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2024.

Page 25