Charity registration number 1186345
Company registration number CE019591 (England and Wales)
ALEXANDER JANSONS MYOCARDITIS UK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
ALEXANDER JANSONS MYOCARDITIS UK
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr Andris Jansons Mrs Pamela Jansons Mr Tomas Jansons Mr Derek Wilsher Mrs Amanda Wilsher Charity number 1186345 Company number CE019591 Registered office 13A Station Road Beaconsfield Buckinghamshire HP9 1NL Bankers Barclays Bank PLC 7 Station Parade Beaconsfield Buckinghamshire HP9 2PH Independent Examiner Critchleys Audit LLP Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP
ALEXANDER JANSONS MYOCARDITIS UK
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 10 |
ALEXANDER JANSONS MYOCARDITIS UK
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees, who are also directors of the charity for the purposes of the Companies Act, present their annual report and the financial statements of Alexander Jansons Myocarditis UK for the 12 months ended 31st December 2023.
The financial statements comply with current statutory requirements, the charity’s Constitution and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
Objectives and activities
The objects of the charity are for the public benefit to relieve the sickness, suffering and distress of those persons (and their families) who are suffering from myocarditis (and other similar related conditions), in particular but not limited to by promoting research into the causes, diagnosis, treatment and prevention of myocarditis.
The charity raises funds to finance research in accordance with its objects by seeking donations and by organising fundraising events.
Achievements and performance
In 2023 the charity raised £163,613 in donations and from fundraising events and £100,000 has been donated to Royal Brompton Hospital to fund research in accordance with the charity’s objectives.
Event income totalled £18,610 in 2023 which was made up from the annual Jansons rowing event, a silent auction and a reggae night.
Financial review
At 31st December 2023 the total of unrestricted reserves of the charity was £89,966. All reserves will be distributed in accordance with the charity’s objectives.
Reserves are held by the charity to fund research into Myocarditis. No level of reserves are required to be held
as salary costs are covered by trustee donations.
Once sufficient reserves have built, a donation will be made from the charity to The Royal Brompton Hospital for the purpose of funding their research into Myocarditis.
Structure, governance and management
THE CHARITY
Alexander Jansons Myocarditis UK is a Charitable Incorporated Organisation, registered as a charity and governed in accordance with its constitution on 14th November 2019.
MEMBERS
The trustees have no beneficial interest in the charity.
Trustees meet at not less than six-monthly intervals to review the charity’s fundraising performance and activities in connection with its objects.
In line with the charity’s Constitution, the trustees are appointed for an initial period of four years and may be reappointed thereafter.
Apart from the first charity trustees, every trustee must be appointed by the Founder. If the Founder ceases to be a charity trustee, such appointment shall be by resolution of the charity trustees. Mr Andris Jansons
Mrs Pamela Jansons Mr Tomas Jansons Mr Derek Wilsher Mrs Amanda Wilsher
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ALEXANDER JANSONS MYOCARDITIS UK
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
PUBLIC BENEFIT
The Trustees confirm that they have complied with the duty in Section 4 of Part 1 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity.
The trustees' report was approved by the Board of Trustees.
.............................. Mr Andris Jansons Trustee Dated: .........................
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ALEXANDER JANSONS MYOCARDITIS UK
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ALEXANDER JANSONS MYOCARDITIS UK
I report to the trustees on my examination of the financial statements of Alexander Jansons Myocarditis UK (the charity) for the year ended 31 December 2023.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Katherine Wilkes BSc (Hons) FCA Critchleys Audit LLP
Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP
Dated: .........................2/5/24
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ALEXANDER JANSONS MYOCARDITIS UK
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted Restricted funds funds 2023 2023 Notes £ £ Income and endowments from: Donations and legacies 2 71,088 108,650 Other trading activities 3 18,610 - Other income 4 26 - Total income 89,724 108,650 Expenditure on: Raising funds 5 19,789 29,614 Charitable activities 6 49,730 80,000 Total expenditure 69,519 109,614 Net income/(expenditure) 20,205 (964) Transfers between funds (964) 964 Net movement in funds 19,241 - Reconciliation of funds: Fund balances at 1 January 2023 70,725 - Fund balances at 31 December 2023 89,966 - |
Total Unrestricted Restricted funds funds 2023 2022 2022 £ £ £ 179,738 18,567 120,852 18,610 31,377 - 26 78 - 198,374 50,022 120,852 49,403 10,798 28,653 129,730 74,893 92,199 179,133 85,691 120,852 19,241 (35,669) - - - - 19,241 (35,669) - 70,725 106,394 - 89,966 70,725 - |
Total 2022 £ 139,419 31,377 78 170,874 39,451 167,092 206,543 (35,669) - (35,669) 106,394 70,725 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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ALEXANDER JANSONS MYOCARDITIS UK
BALANCE SHEET
AS AT 31 DECEMBER 2023
| Notes Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Income funds Unrestricted funds |
2023 £ 2,387 91,480 93,867 (3,901) |
£ 89,966 89,966 89,966 |
2022 £ 2,387 71,814 74,201 (3,476) |
£ 70,725 |
|---|---|---|---|---|
| 70,725 | ||||
| 70,725 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2023.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on .........................
.............................. Mr Andris Jansons Trustee
Company registration number CE019591
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ALEXANDER JANSONS MYOCARDITIS UK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1 Accounting policies
Charity information
Alexander Jansons Myocarditis UK is a private company limited by guarantee incorporated in England and Wales. The registered office is 13A Station Road, Beaconsfield, Buckinghamshire, HP9 1NL.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
1.2 Going concern
The accounts are prepared on a going concern basis. As at the balance sheet date of 31st December 2023 the charitable charity had net assets of £89,966 which the trustees consider are sufficient. The only committed spending is for salaries, which is covered by ongoing donations from a trustee. Once reserves have built up a donation is made to the Royal Brompton Hospital.
1.3 Incoming resources
Incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1.4 Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
1.5 Taxation
The charity is exempt from corporation tax on its charitable activities.
1.6 Fund accounting
Unrestricted funds can be used in accordance with charitable objectives at the discretion of the trustees.
Restricted funds are donated by a trustee and are to be used to cover the payroll costs. Any surplus in the year is transferred to unrestricted income.
2 Donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and gifts | 71,088 | 108,650 | 179,738 | 18,567 | 120,852 | 139,419 |
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ALEXANDER JANSONS MYOCARDITIS UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
3 Income from other trading activities
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2023 | 2022 | |
| £ | £ | |
| Fundraising events | 18,610 | 31,377 |
4 Other income
| Interest Raising funds Unrestricted Restricted funds funds 2023 2023 £ £ Independent examination 2,300 - Bank charges 156 - Office expenses 1,065 - Postage 38 - Advertising and promotion 7,122 - Website design and maintenance 8,157 - Fundraising staff costs - 29,614 Travel expenses 951 - Raising funds 19,789 29,614 |
Unrestricted Unrestricted funds funds 2023 2022 £ £ 26 78 Total Unrestricted Restricted Total funds funds 2023 2022 2022 2022 £ £ £ £ 2,300 2,100 - 2,100 156 196 - 196 1,065 - - - 38 112 - 112 7,122 4,391 - 4,391 8,157 3,838 - 3,838 29,614 - 28,653 28,653 951 161 - 161 49,403 10,798 28,653 39,451 |
Unrestricted Unrestricted funds funds 2023 2022 £ £ 26 78 Total Unrestricted Restricted Total funds funds 2023 2022 2022 2022 £ £ £ £ 2,300 2,100 - 2,100 156 196 - 196 1,065 - - - 38 112 - 112 7,122 4,391 - 4,391 8,157 3,838 - 3,838 29,614 - 28,653 28,653 951 161 - 161 49,403 10,798 28,653 39,451 |
|---|---|---|
| Total 2022 £ 2,100 196 - 112 4,391 3,838 28,653 161 |
||
| 39,451 |
-
5 Raising funds
-
7 -
ALEXANDER JANSONS MYOCARDITIS UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
6 Charitable activities
| Funds donated Charitable Expenditure 2023 2023 £ £ Events - 13,605 Other donor related activities - 16,125 Donations to Royal Brompton Hospital 80,000 20,000 80,000 49,730 Analysis by fund Unrestricted funds - 49,730 Restricted funds 80,000 - 80,000 49,730 |
Total 2023 Funds donated Charitable Expenditure 2022 2022 £ £ £ 13,605 - 17,092 16,125 - - 100,000 150,000 - 129,730 150,000 17,092 49,730 57,801 17,092 80,000 92,199 - 129,730 150,000 17,092 |
Total 2022 £ 17,092 - 150,000 |
|---|---|---|
| 167,092 | ||
| 74,893 92,199 |
||
| 167,092 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
8 Employees
The average monthly number of employees during the year was:
| Fundraising Employment costs Wages and salaries |
2023 Number 1 2023 £ 29,614 |
2022 Number 1 |
|---|---|---|
| 2022 £ 28,653 |
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel is as follows.
9 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
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ALEXANDER JANSONS MYOCARDITIS UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
10 Debtors
| 10 Debtors |
||
|---|---|---|
| Amounts falling due within one year: Trade debtors 11 Creditors: amounts falling due within one year Accruals |
2023 £ 2,387 2023 £ 3,901 |
2022 £ 2,387 |
| 2022 £ 3,476 |
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 Payroll Fund Previous year: At 1 Payroll Fund |
January 2023 Incoming resources Resources expended Transfers At 31 December 2023 £ £ £ £ £ - 108,650 (109,614) 964 - January 2022 Incoming resources Resources expended Transfers At 31 December 2022 £ £ £ £ £ - 120,852 (120,852) - - |
|---|---|
13 Unrestricted funds
The funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
| At | 1 | January | Incoming | Resources | Transfers | At 31 | |
|---|---|---|---|---|---|---|---|
| 2023 | resources | expended | December | ||||
| 2023 | |||||||
| £ | £ | £ | £ | £ | |||
| General funds | 70,725 | 89,724 | (69,519) | (964) | 89,966 |
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ALEXANDER JANSONS MYOCARDITIS UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
| 13 | Unrestricted funds | (Continued) | |||||
|---|---|---|---|---|---|---|---|
| Previous year: | At 1 January | Incoming | Resources | Transfers | At 31 | ||
| 2022 | resources | expended | December | ||||
| 2022 | |||||||
| £ | £ | £ | £ | £ | |||
| The Royal Brompton Hospital | 9,000 | (9,000) | - | - | - | ||
| General funds | 97,394 | 59,022 | (85,691) | - | 70,725 | ||
| 106,394 | 50,022 | (85,691) | - | 70,725 | |||
| 14 | Analysis of net assets between | funds | |||||
| Unrestricted | |||||||
| funds | |||||||
| 2023 | |||||||
| £ | |||||||
| Fund balances at 31 December | 2023 are represented by: | ||||||
| Current assets/(liabilities) | 89,966 | ||||||
| 89,966 | |||||||
| Unrestricted | |||||||
| funds | |||||||
| 2022 | |||||||
| £ | |||||||
| Fund balances at 31 December | 2022 are represented by: | ||||||
| Current assets/(liabilities) | 70,725 | ||||||
| 70,725 |
15 Related party transactions
In the period, £29,614 (2022: £26,262) was donated by one trustee and this donation was restricted to cover payroll costs.
No trustees were reimbursed in the year (2022: No trustees reimbursed).
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