## **JANE FOUNDATION** ## **REPORTS AND FINANCIAL STATEMENTS** **07 February 2022** ## JANE FOUNDATION ## FINANCIAL STATEMENTS For The Year Ended 07 February 2022 CONTENTS Page Legal and Administrative Details 1 Management Committee’s Report 2 - 3 Independent Examiners Report 4 Income and Expenditure Account 5 JANE FOUNDATION CHARITY INFORMATION 07 February 2022 **Status** Registered Charity (CIO) **Charity Number** 1188967 **Registered office and operational area** Flat 5 Padda Court Irvon Hill Road WICKFORD SS12 0AQ **Honorary Officers** Renata Nagy Ngozi Nnoye Tony Punuka Stanley **Accountants** NBS Charity Consultants Suite 124, Island Business Centre Woolwich, London SE18 6PF ## JANE FOUNDATION MANAGEMENT COMMITTEE’S REPORT 07 February 2022 The management committee presents its report and the independently examined financial statement for the year ended 07 February 2022 ## **Activities and Review** The main activities of JANE FOUNDATION are: - Providing support for people in need. - Providing household essentials and food items to beneficiaries who are struggling. ## **Organisation** JANE FOUNDATION is a charitable organisation registered with the charity commission, whose management committee are trustees of the charity. Sub-committees, including a recruitment sub-committee and a finance and general-purpose committee, have been formed. ## **Background** JANE FOUNDATION is a charity organisation registered in England and Wales since 08 April 2020. JANE FOUNDATION was created as a charity for members of the community in England and Nigeria, who are facing employment issues and other challenges in relation to seeking employment. Whilst also providing aid to disadvantaged members of the community, its headquarters is based in Wickford, Essex (Basildon Borough Council) – at Padda Court Irvon Hill Road, WICKFORD, SS12 0AQ Its aims are to benefit all members of the community who are facing unemployment issues or financial hardships across all London Boroughs including Essex and in South West Nigeria. ## JANE FOUNDATION MANAGEMENT COMMITTEE’S REPORT 07 February 2022 JANE FOUNDATION trustees are aware of their obligation to make a statement in respect of the management for risks faced by JANE FOUNDATION. The trustees have appointed NBS Charity Consultants as providers of internal audit services, and to advise on the development of a structures approach to risk management. This will promote greater recognition of risk management at all levels within JANE FOUNDATION. The trustees, operating through sub-committees, have identified and assessed many risks and have taken action to control or mitigate them. ## **Reserves and Investments** It is the trustee’s policy that JANE FOUNDATION should aim to hold general fund cash reserves of 15% of annual turnover. ## **Members of the Management Committee** The following served as charity trustees during the year and up to the date of this report: Renata Nagy Ngozi Nnoye Tony Punuka Stanley Management Committee members have no beneficial interest in the charity and are not remunerated. ## **Accountants** NBS Charity Consultants were appointed at the Annual General Meeting and have expressed their willingness to continue as independent examiners. Approved by the Management Committee on 05 January 2023 and Signed for on their behalf by: (Chair) ## JANE FOUNDATION Report of the Accountant’s to the Members of JANE FOUNDATION We report on the accounts of JANE FOUNDATION for the year ended 07 February 2022. ## **Respective responsibilities of Management Committee and accountants** As the charity’s trustees, you are responsible for the preparation of the accounts as set out on page 2 of the financial statements. ## **Basis of Independent Examiners Report** Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison consideration of any usual items or disclosures in the accounts, allied to the seeking from you trustees explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In connection with our examination, no matters have come to our attention: - 1) Which gives us reasonable cause to believe that in any material respect the requirements - a) To keep accounting records in accordance with section 41 of the Act; and - b) To prepare accounts which accord with the accounting records and comply with accounting requirements of the Act have not been met. 2) To which in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Dated: 5th /January 2023 NBS Charity Consultants ## **JANE FOUNDATION** |**ACCOUNTS FOR THE PERIOD**
**08 February 2021 to 07 February 2022**


**Income**
General Donations
**Expenditure**
Administrative Cost
Volunteer Expenses
Other Travel & Subsistence
Evaluation
Household Essentials for Distribution
Website Development and Hosting

TOTAL EXPENDITURE
**SURPLUS FOR THE YEAR**|Funds Funds
2021 2022
£1,012 £920.00| |---|---| ||£1,012 £920.00| ||Funds Funds
2021 2022
£243 £100.00
£40.00
£30.00
£400.00
£250 £350.00| ||£493 £920.00| ||£519 £0.00| Approved Trustee Date