Charity registration number 1187096 (England and Wales)
THE JASMINE CHARITABLE FOUNDATION ('TJCF') ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
THE JASMINE CHARITABLE FOUNDATION ('TJCF')
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees S L Atwell J M Lucas D O Atwell S R Atwell Lady C E L Atwell Charity number 1187096 Principal address 1 Vicarage Fields Hanley Castle Worcester WR8 0BF Independent examiner Kendall Wadley Granta Lodge 71 Graham Road Malvern Worcestershire WR14 2JS Bankers Lloyds Bank plc Blackheath London BX1 1LT Investment advisors True Potential LLP Gateway West Newburn Riverside Newcastle Upon Tyne NE15 8NX
THE JASMINE CHARITABLE FOUNDATION ('TJCF')
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Receipts and payments | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the financial statements | 6 - 9 |
THE JASMINE CHARITABLE FOUNDATION ('TJCF')
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 JULY 2025
The trustees present their annual report and financial statements for the year ended 31 July 2025.
The financial statements have been prepared on a receipts and payments basis and comply with the charity's trust deed and the Charities Act 2011.
Objectives and activities
The charity's objects are to advance such charitable purposes (according to the law of England and Wales) as the Trustees see fit from time to time, in particular but not limited to, relief and assistance for vulnerable people living in poverty and financial hardship with limited access to education by making grants to individuals and charitable bodies.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
We have continued to hold remote meetings, and all trustees have agreed to retain their positions.
This year I am pleased to confirm that we have made significant grants totalling £44,940, all have been agreed.
We have continued to support:
Keeley T
As our Main beneficiary during this year she outgrew her viola and we have purchased her a brand-new instrument. This has now been given to her. We have continued to support her accommodation costs and cost of books and equipment relevant to her studies. This year we made the following grants to Keeley's accommodation costs and school fees; paid £600 for rental in December. In January 2 terms of UCAS fees £728.22 x 2. In April another £728.
We will continue to support her again in the coming year.
Baby Autumn
We continued with the reflexology but sadly she passed away on the 12[th] of February, a request for continued bereavement reflexology for the family was made and accepted.
Upton Scouts
January we were approached by the Upton Scouts to help with camp. Initially the request was for us to cover the cost of the scouts that the parents could not afford to pay. We agreed to cover the whole camp which totalled £2,664.
O Rob Memorial
In March we finally had the final bill for the head stone for O Rob Memorial the balance of £3,980 was settled.
Old Viola
We have now loaned the Old Viola out again having had it fully refurbished and serviced. Linda and I met the family and young man and it clearly means a lot to them that we have been able to help them. They have submitted the insurance.
Linda continues to work very closely with the oncology unit, and we expect the coming year to have several cases to work with.
Financial review
The charity has distributed grants amounting to £44,940 (2024 - £20,692). The activities of the year have decreased the cash position from £48,269 to £32,457.
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025
It is the policy of the charity that cash funds which have not been designated for a specific use (currently £nil) should be maintained at a level to meet the minimal routine expenditure in managing the investment portfolio. The trustees consider that cash funds at this level will ensure that they will be able to apply excess income to the charitable objects. This level of cash has been maintained throughout the year.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Plans for future periods
It is our intention to continue to offer help direct to the person, family or group that needs the help in line with our objectives, we do not offer financial support to other charities where any grant we make goes toward the running costs of those charities.
All trustees have agreed that they will remain in post.
Structure, governance and management
The charity is an unincorporated entity governed by a trust deed dated 20 August 2019.
The trustees who served during the year and up to the date of signature of the financial statements were: S L Atwell
J M Lucas D O Atwell S R Atwell Lady C E L Atwell
Trustees are appointed following nomination and are provided with Charity Commission Guidance notes on the role of a trustee and financial probity.
There must be at least three Trustees. Apart from the first Trustees, every trustee must be appointed for a term of four years by resolution at the Trustees special meeting.
The charity is governed by the Trustees who are responsible for the awarding of grants.
The trustees' report was approved by the Board of Trustees.
S L Atwell Lady C E L Atwell Trustee Trustee 30 March 2026
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE JASMINE CHARITABLE FOUNDATION ('TJCF')
I report to the trustees on my examination of the financial statements of The Jasmine Charitable Foundation ('TJCF') (the charity) for the year ended 31 July 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
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 130 of the Charities Act 2011.
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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 applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Kendall Wadley
Sarah Morley BA (Hons) ACA Kendall Wadley LLP Granta Lodge 71 Graham Road Malvern Worcestershire WR14 2JS WR14 2JS
Dated: 30 March 2026
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Receipts and endowments from: | |||
| Donations and legacies | 2 | - | 258 |
| Investments | 3 | 2,366 | 2,655 |
| 2,366 | 2,913 | ||
| Sale of Investments | 93,996 | 20,873 | |
| Total income | 96,362 | 23,786 | |
| Expenditure on: | |||
| Raising funds | 4 | 3,649 | 2,462 |
| Charitable activities | 5 | 47,112 | 22,312 |
| Purchase of investments | 61,413 | 20,587 | |
| Total resources expended | 112,174 | 45,361 | |
| Net expenditure for the year/ | |||
| Net cash movement | (15,812) | (21,575) | |
| Cash balances at 1 August 2024 | 48,269 | 69,844 | |
| Cash balances at 31 July 2025 | 32,457 | 48,269 |
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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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 JULY 2025
| Notes Cash at bank and in hand Investment assets 10 |
2025 £ 32,457 376,260 |
2024 £ 48,269 |
|---|---|---|
| 386,278 |
The financial statements were approved by the Trustees on 30 March 2026
S L Atwell Lady C E L Atwell Trustee Trustee
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1 Accounting policies
Charity information
The Jasmine Charitable Foundation ('TJCF') is an unincorporated charity registered in England & Wales, created by trust deed dated 20 August 2019. The principal office is 1 Vicarage Fields, Hanley Castle, Worcester, WR8 0BF.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document and the Charities Act 2011. The basis of preparation is on a receipts and payments basis. The charity is a Public Benefit Entity as defined by FRS102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
1.4 Income
Income is recognised when received.
Legacies are recognised on receipt.
1.5 Expenditure
Expenditure is accounted for as incurred.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
1.6 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently adjusted for the cost of acquisition of new investments less the cost of disposals.
Donated investments are carried at the perceived value at the time of the gift.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, and deposits held at call with banks.
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
2 Income from donations and legacies
| Donations and gifts 3 Investments Income from listed investments Interest receivable 4 Expenditure on raising funds Investment management 5 Charitable activities Grants awarded Administra- tive costs 2025 2025 £ £ Other costs - 492 Professional fees - 1,680 - 2,172 Grant funding of activities 44,940 - 44,940 2,172 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ - 258 Unrestricted Unrestricted funds funds 2025 2024 £ £ 2,063 2,178 303 477 2,366 2,655 Unrestricted Unrestricted funds funds 2025 2024 £ £ 3,649 2,462 Total 2025 Grants awarded Administra- tive costs Total 2024 2024 2024 £ £ £ £ 492 - - - 1,680 - 1,620 1,620 2,172 - 1,620 1,620 44,940 20,692 - 20,692 47,112 20,692 1,620 22,312 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ - 258 Unrestricted Unrestricted funds funds 2025 2024 £ £ 2,063 2,178 303 477 2,366 2,655 Unrestricted Unrestricted funds funds 2025 2024 £ £ 3,649 2,462 Total 2025 Grants awarded Administra- tive costs Total 2024 2024 2024 £ £ £ £ 492 - - - 1,680 - 1,620 1,620 2,172 - 1,620 1,620 44,940 20,692 - 20,692 47,112 20,692 1,620 22,312 |
|---|---|---|
| Total 2024 £ - 1,620 |
||
| 1,620 20,692 |
||
| 22,312 |
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
6 Grants payable
| Grants | Grants | |
|---|---|---|
| awarded | awarded | |
| 2025 | 2025 | |
| £ | £ | |
| Grants to institutions: | ||
| Upton scouts | 2,664 | - |
| St David's Hospice Wales | - | 1,176 |
| SARA | - | 9,080 |
| UTurn Back 2 Basics | - | 3,180 |
| Upton Girls Rugby | - | 1,094 |
| 2,664 | 14,530 | |
| Grants to individuals - 4 individuals supported (2024 - 5) | 42,276 | 6,162 |
| 44,940 | 20,692 |
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
There were no employees during the year.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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THE JASMINE CHARITABLE FOUNDATION ('TJCF')
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
10 Fixed asset investments
| Listed investments £ Cost or valuation At 1 August 2024 381,278 Additions 61,413 Disposals (71,431) At 31 July 2025 371,260 Carrying amount At 31 July 2025 371,260 At 31 July 2024 381,278 |
Viola £ 5,000 - - 5,000 5,000 5,000 |
Total £ 386,278 61,413 (71,431) 376,260 376,260 386,278 |
|---|---|---|
The market value of the listed investments at 31 July 2025 was £482,348 (2024 - £473,782).
11 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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