REGISTERED COMPANY NUMBER: CE023865 (England and Walotsl REGISTERED CHARITY NUMBER: 1192373 R•port olth• Tru•t••• •nd Fln•ncld 8tatsm•nl• fortho YoAr End•d 31•t PAqr¢h 2023 Jacoh W•ll AppMI small Gddie Chartered Aceountsnt8 Statutory Regèrf8 Ccwrt P(Ince88 Street Hul East Ycrtk$hir8 HU2 8BA
Jxobl W•ll AppMI Cont•nts of th• Flnanclal Stat•m•nts for the y••r ond•d 31st IA•rch 2023 R•port of th• Tru8t••8 1 to 10 R•port of th• Ind•p•nd•nt Audltov• 11 to 14 Statsmont al Fln•ncl•l Actlvlll•• 1J 8al•nc• Sh••t 16 tra 17 Cmh Flow 8ts1•m•nt 18 Not•• to th• C••h Flow 8t•t•m•nt 19 Nots• lo lh• PIMnel•l Stat•nNts 20 to 28 D•l•ll•d 8tst•m•tt of FIMncl•l Actlvttl 29 to 30
Jacobs W•ll App•al
Rèport of the Truste•8
for the year ended 31st March 2023
The Iwstees are also (reccff8 of the charlty for the puoSe5 of the Compank88 Art 2Cth. we88nt their
report Ythh the financlal slaternents of the charity for the y68r ended 31st March 2023. The ITU81ee8 have
adopted the provis¢ns of A¢untIng and Reporb'ng by Charities.. Statement of Recommended Pradce
applic*ble to charitie8 preparing their accounts in accordarte wlth thè Finarrfial Roporting Stsndard
appllcable In the UK and Republc of Ireland IFRS 1021 (effective 1 JarKbary 20191.
The tru8tee8 ofthe chwmy forthe year ondod 31 March 2023 as foMow8.'
Mr Mlchael AdAm8
Chalmian, flnandal 8ubcommKtoe 8nd
safeguardg sukommittee memb8r
Medical Director
Medical Director and Safeguarding OfficoT for
J0b'S Well Appeal
Modical Director, interlm Treasurer. flnan¢181
sutcommlttee and safeguardiny commthee
member
F5nanclal 8ubcommMta8 member
Dr Beryl 88yrwJn
Dr Ali8tair Rcbgrt8Th)
Dr PAargaret Robert80n
Mr8 verICa Bemro
Mr8 Betty LOla
Mr8 Margaret HaraV
M188 Elkabelh
Fkn8n(yal 8ubcommltt•o memb8r
Phami8coutic81 Lead and safeguaing
8ubcommitt•e member
MT John SuttL
Bart)ar8 Rlkey
Mrs Wendy M
Jacobs Ylell Appeal Report ofthg Tru$toe forthg yoar onded 3151 Mah 2023 OWECTIVES AND ACTMTIES Slunlficant aetlvltles Logl¥tlcs Jacob's Appeal 1192373 has takvii uvvi Ilw wuik vl Jawb8 Wel Appeal 515235 10 send cont8iMrs of mèdical, agricultural and educational aid abroad throughout this w. Year on year the regU.On$ in thè ports, Gusloms and ministriès of health Snuease ond the e4JSt of ts con181ner8 and their transpjt also ihiriid¥t¥. 0&8pllè Illi¥. Itiank&F lu lh¥ -[u& donat¥)ns vf tund6 and goods. w8 haw6 managod to $8nd s total of 18 lorrie8 of aid to Ukrain8 to support this war-lom Gounlry. and 8 fiJrth8r curtaiTrsKler lorry to Moldov8 to 8SSlSt the fekngee crisis d8vekJping there. We have 8180 88nl 3 container8 to Burtina FaBQ. The average v81u8 of aid IB £198,114 for eath container or lorry Sent. We 8180 conllnue to send ¢)Jt Bmaller consiwments of ald to olh8r charfll8s, NGOS and private In(IvKlual8 In need. These consignments Indude parcA81s of eokJ8lomy, mobility equipment, medled di8posablè Item8 and educational equipment. Thi¥ year we sent to tr PhillpFxneB, NlgerSa, Ifaq, Ajbanbg. Irdla. Pakl8lan, ZlmbatAve, Yemen, Columbia. Jordpn and Ghana. We have fty-foot HGV Iraller for the conlaineTS in the UK. Th1$ toke8 the conlalner8 to tho rall frelght depot in Leeds or the wt at Hull or Immlryham bring8 the empty onè b8d( to our yard. We alx) have 8 Jntslner8 c Bite ts 8toragg In Addlllon, recdvo rent frc¥n Cholr for trAJ8lng th8lr contalnw Cth s11e. VJO h8ve had to purth88e a now van to replac• th? Ford tr8nl van and 8180 a Merced08 Benz 3.5 lonnes Van both of which are u8ed to pick up don8tion8 of ald and Il¢m$ lo be 801d. are al80 U8ed Io 8upply wr ¥lw wllli iLe1118 lor 8fi. Vl8 also have a Toyota fork IMI, vthoch w• ule for nknn9 and IDadlng p818ti8ed loads. Thls IB rourty mntaIned. Andr6w Lunn of Century Conlaingrs ¢onlinue8 to do the reSSary movements of wr ¢orrt¥ingr traller to dellver to the rail frelght terminal al Loedj. Mi88ion and Relief hdIe our Intemglional 109i$tic8 vhi18t Mu8grav08 handle8 our local fr•ighl. 8tsfflnB •nd Voluntwr• The Charlty employ8 iwo part-ume admlnl8lrators, Bridget Conroy and 011r Se>Aon, aThd a ence Offic•r Yvonne South undgr Ihlr hne manager, Rev. J)hn Beynon, the OrganiBalion'8 lèader. The Beverfey ¢(ffilinues to do well and 18 managed by Saly Dunn, Carc4 Reynok180n ar Amy sChPerS. Long cTrordinaleB the w¥ehou88. team C¢tinueS lo 8UPF4emented by up to 70 vc4unteer8 lj In totsl UK vdunteers have v*)fked Jacob's Well Appeal 8nd we Val Ih18 8t £175,114. R•Gycllng We sort and sell a large quanbty of cbthes, books, bric-a-bfac and other rtem8 that would otheTrw8e be thrown away. Other tru9hOld itèms are shipped over8ea8 to countries vknere they wll be u8eful. are able to rfru8e most of the boxes Sn 1c we receive good8. Some of lh& dothes and item8, Induding bwks that we cannot donate or sell our 8hop8 or 8ale8 we 8811 lo a fimi called Colltex Ltd, a member of the Textile Recycl'ng A8soclation. Athough Boma of the medlcal Supplies we receive are wt of datg and canmt be used, many items whh we TeceNe can bg Trused after careful resorb'ng, checking or repair. Metal items 8nd gla88 beyond further u8e are al¥0 rycled. Simllarty. we fecyde waste P9Fer, magazines ar cardboard. Waste 18 processed In the appropriatè way, th separate proce86e8 for e18clrical waste. general waste. card arKI paw, medlclnes. conlfolted drug8, sharps and othar medlcal items. Page 2
Jacobs Well Appeal Report of tho Tru$t•os for the year ended 31st M•rch 2023 One of our Lqrgest dmatlons are cojostuny items, coming frcrfn Ihe general le and manutscturers. These 8fe very valuable lo the beneficiaries in both Africa and Easlem EuroFe, Wre these Item8 are often at least as expensive as in the UK, of kKKJrer quality and often not availa1e at all in the pharmackn. In these countries. patients have lo resort lo any plasliG bag they c8n ffind ond are often hou8ebound thut Ihe donation8 from us. Al the colostomy item$ ¥ send would ernl up In18ndfill if thoy had slayed in the UK We also recelve a large amnI of Short d8ted medlc81 Item8 IndlIng dresBlngs, bfjndages, PFE dlredy from supplier. Ttse would all g) in ld ffill If we did not acc8pl them 88 the NHS will only pay for Items wilh a rea8¢Xble rémaining date before expiry. We are careful to acLept only items that would be u8eful lo the hospbtsls we have and a180 Ih81 the Items can be Sent wlhin a sensible lime frame. This ha8 bgen partKulady useful durlng the last few months as many of our lorries to Ukralne have t>eon full of nations diredy from the manufacturers. Publk b•n•fft Jacob'8 Wel Appeal conlir4J88 to thango Ihe live8 of many of the pJoreBI and needle81 people In tho worfd through the lollNlng means.. a) Modlul Ald. W8 have supplled many tonne8 of Invaluable methcal 8upp1188 to hospltals in dgBperate n88d Ihgt Yuld otheM88 havè lo do Ul. Th18 h88 undoubtedty Saved many Ilv88 and improved the qu811ty 01 many other people's lives. This finana81 year we completed thg sdar panels to wovlde ch8aper eleclridty for the h08pital In Ouagado0. Burf(ina F880, and we also provlded them wlth an Xray rnathl and pald for tho building ol a morgue. We were al80 able to pay for the bulldlng of 8 cdd 8torag8 f¥LIIty for vaccine8 at Wo hosprtal, No rth8m Gha bl Educatlonal Ald. We continue to support educati by providing 8¢hool fumtture, (xfflWer8 afKI equlpment. Th18 18 Invalueble to 8choo18 in AIric8 whore the children would otheryise have Iitlle edu¢Jtlonal equipment and would have to 81t wrlto cn the fknr, We have 8uppll8d go18r pane18 for eleclrfclty to o isabled 8chool this year in SleTha Laone, and we 8end money regularfy lo pay for 80iar lamps for IndlvlJu81 childr?n to enable thern to (b tr'T homework in homes with no electrkty. In the pa8t we have provk4ad h(xIng for vuln8rabb girf# and bS to enable them to complete Ihthr atIOn and these lully u8ed. The 8chool bu8 In Ou898dougou arKI the mlnlbu$ In Sierra Leone are Still belng thed to great ben8fi1. We have al80 provld¢d wpport for a nurse In Northem Ghana to undergo ml(fvAfery tralnlw. cl Agrkulturnl Ald. INe are ire881rJ1Y holplng dved commun188 to develop thdr agrfcumure And thu8 te ae to grow more fo1 through our séedb8nk as well as dry 8e88effl lomiing prolects. Accordlng to the World He8hh Orggn1881ion. around 45% of the deaths Arrn9 chlldr¢n un¢Jer 5 year8 of age are linked to undernutrili¢)n. We have also 8UPWrted our partner in 8otrKJ-Dbul4s80, Burklna Fa80 dl Frult Trnm. We Gontlnug lo plant fruit tree orchards attached to communille8 Cf 8chocA8 tho b8nefil of tha eommunlty or children, providlng vltamin A lrnangoesl and a saleable crop. •> Wat•r Ald. DL lo the generosty of our donor8, we have teen able repalr a borehole. we have eventualty ¢ompleted the borehole ¢*illing machine and it wll soon be on tts way tc Burkina Fa80, West Afrlca. fj Soclal C•ro. Jacob's Wdl Appeal 8upport8 dIsabd 8nd dbsgdvantsged people through their shop and warehouse. gl Rellfrvlng poverty. We njn sevèral projects overseas, inthding mango plant8ticffls and dry season 18rming that provide a means for pogr people to generate an income. Wthin the UK a lot of our a1VItIes are focused around helplng Feople in soual or economic distress. Jaeob's W911 Appeal ha8 8180 send mon8y to our Partrr8 in Moldov a lo help whh the refvgee criws due lo the UkraNiian war. h) Endlng Perfod Poverty. This September we under look a pilot stlY wth 18 girls in Northem Ghana to sses$ the 8Uttability of reusable sanitary pads. leaching the girls about men81ru81 hygiene reproduciive sex eation as well 88 training Ihem lo make 8 reusable sanitary This was vgry $u¢xessful and we have now Ca)8 out 3 wojects Ir8inirvJ approximately 300 glrfs. Page 3
Jacobs Well App•al R8port of tho Trustoes for thè year end•d 31st March 2023 STRATEGIC REPORT Achlev•mont and pertorniance Charitsblfr actlvlll6• Ghana We are 81111 V+Drking through th• NGO CoalOn for Chany (now kn¢)wn as RCDOI In Ghana. vtho run our 8e8dbank and also some mango pL4ntationg and dry Seas farming prolect¥. Anther NGO, Sthara Advocates for Change, 0180 runs $e ot our prqed8. TNB year, Imlh tslr help, we have planted 570 fvuit tro9s, provided a wurKi nul 8eedbank and 8180 run Bambara bean project. ha bthlt a colJ storage va¢¢in¢$ arKI w¢ have run 3 very 3ceSsA rws8ble 8anitsry pad prc4ects. MI Ellzaboth Lyle, one of our Irusle8s, vislled tho comrnun6tl88 u81ng the 8•ed bank, ts dry $68son f8rmlng projects and also some ofthe fruf( tree plantsbons in Sèptember 2022. BuMna Ftso The work Lrf our pther8 in Bu1n• Fa80 18 (linUIng lo exparKI and d•v•bp kn now area8. Unfortunatety, the cJJrTent 8ecurfty 8ituoli¢)n In BurklnA F8ao has deterfoTat•d fvrthor meant I5 fordw aod and wxsenlng hunger arKI povety. In Bobo Dloulassou thè A8C 8chcol now ha8 an agrtcuhural ¢oMege we contnue to Jell c4rd¥ to ral8e mongy for Ghkkens to 8uppe¢l th18 woject. The &irls' refiJgg which Jacob'8 Well Appe81 lunded18 8itèd on th18 larKI and 1$ woll used. A 8lmllar home for vulnerat boys, slted ?ar the 8chool. was 8180 bulll vAth Jacob'8 Woll App¢al fvndlng 8nd 18 equalty u8eful. J8cob'8 11 App8818180 run8 a 601ar poworwj lamp prol¢ct to provid& every ¢hlld at the school a sdar lamp Ihat VAII ¢nabl8 them to do homework in th• ovoniNJ a8 tr sun 8915 at 8pm fjv8ry day and the home8 ha 918¢tricty. Du8 to the (rale 8itualR)n regardlng IcA)d. the school has 88t UP 8 large area of lond for dry sèason 18m)Ing wllh Jacob'8 Well App981 provldlng lh8 W8tertower and pump IhlB h88 t*en uB8d to provlda ftx)d fLY tho thldron and tholr f8mlli•&. In Ouagad0OU we continue to 8UPPOrt Ihg WO of the Vllag8 of Hope. wNch manays 8 prtm8ry and condary boarding 8chool, 8 universty arKI also 8 8mall ho8pitsI. They 8180 run 4 school for di8advanl8ggd glrfs leachlng 8ewiig. halrdres8iro 8n¢J beauty therapy called th8 Vlllage of OpFXJrtunlty whlch we a150 8UPPOrt. They h8ve a Small animo118rm on the school 8rte whlch thgy u8e to tea¢h familry 6klll8 to tho wp115 gs w811 a8 breeding pigs and making yoghurt. Th1$ school is a boarding 8chool bringing chikJr8n from distsnl vlllag88 Ihal w0d otherse have M hope of att•ndlng 8chool. Our wtner8 ¢llnleJ8mall ho8pll81 In tho capllal. In Banfor8 we have bultt o medlcal dlnlc whlth 1$ rKJW provkllng heatth Gar8 for tho poor In Ihl8 dty. We hav9 been 8ending 8uppli86 to this are8 for many years this clinic will spaciali8a in care of with physkal di8abililies and mental health problems, thich are largely igre in Burklna Faso. 88 wdl a8 Ireallng general medical 0bM8. We 8end medical supplies to help th18 cllnlc In contalnerg we send lo Bobo. le have not planted any fruit trè88 In Burkina Faso IN8 year due lo the 8ecunty Bituation. We continue to support the wort of these school¥ by administering a 880r8hip 8cheme, knby dorr8 In Ih? UK can pay monthty to 8UPPOrt the educati, nutrition and medlcal care of a School thild. Kenya We contlnue to suFport the work of Ihe ABC 8thoc48 In Nalrobi and Loitokrtok. We supplyl the VIrk of these s¢hools ty admlni8lering a Sponsorship scheme, whereby donors in Ihe UK can pay monthly to support the edution, nutrition and medical care of a schod thild. We have struggled in the p8¥t to gel contslners Into Kenya bgcauye of the loglslic81 $SbJalion and were unable lo seThJ any thls year. Moldova Thi$ ¢astem EuroFean country is very poor and we work wlih the internatKJnal charity ORA to SUFPOrt their work in tris rnunty. We have sent 1 curtain-sider lory lo Moklova this year with medlcal, stoma. hLmonitarian and educational aid. Pagg 4
Jo¢ob8 Well App••l Report oftho Trust8 for th• yoar ended 31st March 2023 Ukraln? Jacob's Well ApFeal has had a long a8SOCiatlon wilh Ukra6 and h88 been fciun8le Nl hawng a signifKant donation of rn0 and from the geral wbliG In der to meet th18 needs In th18 country. Smo118r Supplles We continue 10 8end out sm8118r )nsIgnMents ol ald lo rAlr tharttie$, NGO'8 private indlMdua18 In need. Wllhln the UK I1181 our m8in focus 18 to help Feople 0r8es. a180 ty to help tho88 who we sooally, economic4ty ci physically di88dvantaged. Such acilvthes indude., donate fcod, dothlng, houseFK•ld Kems and furniture to Individud8 Sn need and al80 to 88veral local charitios vtho help the homele86. rehabilitate pri#on8rs, supwt asylum se8ker6 and othèrs In econom or social dtfficulty. regularty help Ical ¢j188ed people by gmng, lendlng or selling at 8ub8hliaed prlc moblllty olg8 suth as crLrtche8, ammer frames. ralsed tollgt 86818 or wheel chairs, Our Shop serve8 a8 a communlty hub, wlth volunte6r8 8p8ci8lly commi88ioned lo wdcome, Ilsten and 8UPPOrt th08e who come in. thus wovhjlro 8 seivicé for lh6 l¢*ety, the bereavfrJ and th088 slruggllng Ilfe. It 0180 holds craft 8e88ion8 and 8upports 8 knit and natter group We glve opportunlues lo people vh) have l&aming or phy8l¢al dl6abilits68 to unteer tn Dur ¥hop8, Warèh¢$6 or office Summ•ry of ald dl8trlbut•d Country of D88tln•tl¢)n Ukra1[ 1 Ukraine 2 Ukraine 3 Ukraln8 4 UkrAlna 5 Ukr81ne 8 Ukr8lno 7 Ukralne 8 Ukralng 9 Burklna Faso Clothm & Sho•• 2,010 195 Toy• & hou••hold 1.9SO Educltlon Food Hyql•n• Bulldlng Agrlculturn 1.445 480 625 510 4,930 358 22,020 290 391 453 4,018 1,118 5,404 510 220 1.887 178 740 13,643 1,510 17,560 183 987 1,425 3,090 100 23,050 885 1,970 Ukrakne 10 Ukralne 11 Cameroon Ukralne 12 Burtina Fa80 420 700 255 130 3.722 143 ss 2,097 326 Buthlna F880 29,000 Ukraine 13 Ukraine 14 Ukraine 15 Ukraine 16 Moldova Ukraine 17 Ukraln¢ 18 Small Donatw$ 200 150 217 737 210 150 250 525 534 723 330 1.784 5.824 100 300 1,314 215 322 302 122 900 Tot•1 10.654 40.611 19,903 150 FA,147 23,376 P8ge 5
Jacobj Well Appeal Roport oftho TruNtsos fortho year •ndod 31st March 2023 STRATEGIC REPORT Achlovement and porfomMnc& country of Ourbln DoBtlnatlon Modkln Ukrln• 1 Ukr8ine 2 Uk1[ 3 Ukraim 4 Ukraine 5 Ukraine 6 Ukroine 7 Ukrain6 8 Ukraino 9 Burkina Faso 1 Ukralno 10 Ukr8ine 11 C4meroon Ukr8lne 12 Burf(Ina F880 2 Burkina Fa80 3 Ukralne 13 Ukralne 14 Ukraine 15 Ukralne 18 Moklova Ukralne 17 Ukralne 18 Smdl DonaUon8 Id•dlc•l Equlpmfjnl 450 1,050 1,675 IAgdlcal Dp•bI 140,644 191,888 123.722 Total by Cont•ln•r 181.639 367.782 235.705 10.835 18,575 58.827 85,302 193,642 525,118 29,700 254,372 489,000 180,764 230,503 101.357 29,000 157.056 418,786 194,158 111,725 368,419 183,865 165,882 195.808 36,591 172,221 108.490 12.035 4.150 4,485 1,650 68.324 188,989 128,882 9,327 386.454 2,875 227,2SO 23,572 469,000 46,115 58,468 88,754 138,861 73.182 4,525 95.123 6,280 3,800 58,492 227,892 78,960 6,955 1,100 92,219 185,335 107.781 107.180 87.278 179,400 108.982 132,800 2,785 3,205 294,783 1.fj09 53.348 82,108 2,650 Totsl 12,927 1.918,099 148,908 1503N39 4762A20 Our Shop Our 8hop In Beveth serves lo ra18e bJnd8 lor our overseas and also lo prom¢)ts the Chrl8ll•n falth through provldlng qualty Chrf8tlan Ilter8ture and tybleB to local churchès and thelr membw8. 11 18 8180 ¥xmmunlty hub, 8eeklng to hdp members of cornmunlty who are In ngod. 11 rA>nlinu98 lo function well, though thero 18 a con8tanl battle to find enough vdunteeT8 to maintain adèquate staffing Ve1$. We m have patio whkh has been extremely F<Jpular, pgrticul8rty as it has extended Ihg café to outsidg They run a chat group, a kn and rer and a craft group, all almlng to 8ocI81 Irrt•r8ction and CMbat bn8llne88. Volunt•ern Our team of volunteer Is still bdow Pftrp8ndgmiG leve18, though many hav• rthim8d rthv and have al80 had new vc4unleers 8tartiTrJ at the charity. In total thls yew our UK volunteers work•a 12,782 how8 fty J8o)b'8 Well Appeal. Th1618 valued at £175,114. We would Ilke to tske th18 OPPOrtunNy to thank all our vdLrteers and staff in tho UK arKI partnor8 *road vk work so hard lo enable us to deliver our aid, Supportern We would a180 Ike to thank our many 8UPPOrt8 and a¢01$ t)lrt vM nothlng would be p06d8. Pago e
Jacobs Woll App1 RoPQrt of the Trtt•s forth• year Md•d 31st March 2023 STRATEGIC REPORT Flnanclal rnvlow FlnanGl•l posluon Inme Our main sources of income are from donations made by Ihe many Peop ond groups who support us,, from Jr th8rty shop In Beverfey and from our othef sale8 oule18, including streel and warehouse BaleB and Ebay. Bec8U8e of the very Interest rates avalloble for our money in Ihe bank, the IN$l¢es have Investsd £30.000 that will not be used for 5 yaBrs 18$$ the sluation merits Its U8e and this form6 part (rf Charity8 raserve funds. The CEO othgT volunteers gwe mY tdks to Intere8te(I groy, p8rtloJlwty kn E88t YO£hIre. Ttwe often re8Urt In geneTouB donations of money or rellelgoods. Vle 8150 Gcfflll• to b8r£ffil Ifom lagad88. Exp•ndlth Maintaining our admInlrOtiye tre and Wareh50 where fAd wpp1108 are acrted, 11818d and despatched, IrlUdIng paylng tr 8al8rfe8 of 8t8ff there. Maintalnlng ar wnnlng runnlng our Shop In 8e¥•rfey. Incbjdlng the 8al•rfes oflhg managers who worf( th•r•. TransForting donat Ilwns to ts warehou8e cf to and from the 8hop and taking loaded contalner6 to tho approwate tsrmln811. P8yirwJ for $hlpplng, Indudlng agents. le and contalngr tran8port. IMw8 pemiit, wh88iro medldne8 to 8UFplement ¢SJnaled medical 8upp11&8 and lo add In mtyJldno8 approprlate to troplcal or other kjcal nead8, together equlFrnt ts Bupw1od Pwch•8lng •ducatlonal and agri(yJMwal equlwnenl as money allu4VS to b• sont lo our projects overse88. R•••rv•• The Trustees. poll¢y18 to hdej 8uffldent fiJnd81£30,0001 lo en8bl8 ts chaty to Nn effid8nlly frjr a perlod of aPpr0m•11Y 3 mMth$. At the 88me tlme. it en8ure6 thal11 has Sufficient In re8evve to be able lo m•gt any bLKlgetsd a¢tivili88 and unexpected conllngenciè8. Th8 lev81 of re88rve8 1• mOnMd and rewmd by th• Trusl¢e$ regul•rfy In tho Ilghl of past and planned expenditure. STRUCTURE. GOVERNANCE AND MANAGeMENT Govornlng document The charfty is controlled by ts 9)veming ¢¢umgnl, a deed of tru81, and con8titute8 a Imlted c(xnpany, Ilmlted by guarantee, as defined by the Compan1¢8 Ad 2006. Page 7
Ja¢ob$ Well Appeal Rgport of the Truste95 ft>r the ygar ondod 318t M•h 2023 J8cob'8 W811 Appeal was foLmded in February 1982 and Inftlalty kr 88 Jacob's Well Pollsh Apw. li was feglstered wlh th8 Chanty Commi88ion in July 1984. In Afghanistan the Charty 18 commonly known 88 JWA. The regis18red aims have wce begn extended to Ih05e above to take account of the widened geographical ea covered and tho extend9d rarvJe of 9th'vth. The govgming d¢xLwnont is the written consts'lution. Wle have registered as a charitab 1r01p0rated Organlsalion and 811 operations through this. We have rb)t been able to persuade all our donors to move Iheir rwulor payments to the bank COUnt$. The old ¢h8rty18 belng kept cyen the bng tem). to rgcglve any leg8c488 that Spedfy the ¢harlV$ present regl8tr0I mber. There are up lo 11 Trustee8. one third of whom are decied each yew at the Annud General Moetlng by the Members. Ejecllon Is for a perfod of 3 year8, renewable If re-elected. The Chaimian. Medical Direclors and Treasuror are dected NallY al th8 Annual Gen8ral Meeting and are ex-offKlo Trustees. Th8 TnJsle85 meet t les8 than 5 tsmes in 8ach Charty year to ieview progress and poliw. In general, when vacanci98 ari, Potential tnJslge$ are iwled by Ihe tru8lee8 to tecome a Irusloe, They are u8Uglly people who have a pgrtlcular sklll or experfence wthi¢h b8n8fft tho Tru¥ts8 body, gwh 8$ al knedge, account4w, managgmenl. fft8dlc41, c4ring or practiG81 alylity or a pwven abllity a8 a vdunteer In the chonty fidd. They are Introduced to the rolo by proviwon of do¢uments wtlining Ihe rc40 and Ihg responsibilibe8 Involv•J, an •xplon•tion of th• aGtthliM of thg Ch•rty, inft)rm9tiC oboui itj hlslryy. gov•m•nrn and fin¢101 fiJndfionlrwJ. Subcommlttee8 are apnted to make roeA>mmendalbn8 lo th& Tru8t888 where an18wo need8 Inve8tlgallon. Supporters are kept In touch Ihe charty by a re9uLarfy updatsd We81t8, our Facbook page. tstter count and a rvletter 18 P08ted u emalw tAce each year lo keep tsm In th wlth current avent8. Jacob'B Well Appeal ha8 a menrandUm of Und8r8taThJlr¥J {MOU) th the Ghanalan Govemment and w4th the Government of Slerra Leone. Othgr organ18allons whcffl we havo C0Pat8d wllhln the la8t coup of year8 include., the National Univor8ity KwV-moha Academy in Ukroin8, the Rod CT088, the SoWimi818, Diabetes UK, the Ileo8lomy AsslatIOn, Rotary aTrJ Inrnr IAle1 Club8, local Churches, In-ce, Real Ald, OFL4 In Mddova, and Thomlon Ro58 Ltd. We tknaly vAth partner tharflles abroad indudng Coalitlon for Chanuo IC4CI, Sah•ra knocaloi for Change and the Klng'8 Villagg in Ghana, ABC Children's and Ihg Village of H¢y in Burkina Fa80, ABC Children'8 in Kenyo, Ugtnd• •nd Iceland, Samara's aid foundation, Wodd Sharo, Physionet, Blgaa aid, ORA IntemAllon81 kn Moldova and oth•r8 InGludlng Mwcy MISon Nalv88ho K$ny8. Jacob's 11 Apw•l h•8 wgned up lo tho Eo6t Riding Compgct - tr• local patherBhip 8grenenl bets¥o•n wblic 80(Icf and vdunt8ry & ¢0mMLlfy Ctor Lvganitis. Page 8
Ja¢obs Well App1 Roport ofthg Tru8tg8s ft>r thg yoarend•d 31st March 2023 STRUCTURE, GOVERNANCE AND MANAGEMEKr RIBk manwment The Rlsk A¥se8smènts In relati to Ihe Shop, warehc4J8e pracllc£, Iranw)ort arKI office are beiNJ regulady reviewed. The fOr1ft and vehicl86 have kéen malntalned accordlng to manufathrers, recommend8tn8 and subjected to Le4er examinations arKI MOTS etc. as required a training session for all c1 forklift truck drivers 18 organised as per guidelines. All firefvJhling and ekctrical èqulpmènt has been cked by extemal contractors ad KYa¢tlc88 Fld. Different aspecis ol the aCtIve8 of tho Charty are subject to contrd In eonfomlty th leglslalkn by the Home Office. the Medlcine8 and Heallhere Products Regulatory Agency, the Enwronmenl Agw, thg Health and Safety Executive 8nd the VAT Inector, as well as the LcfAI Authority.. Tradlng Standards Offic re.. Chanty Shop, Food Safety OfficAr ro.. FcKrfl, Stor4 arKJ Eyport, and other guldgnce 8uch 88 lrtemal Transport Safety, Valulng th• Mèdlcal Ald One of our mod11 dlredor8, Dr Margaret Robert8(Jn. ha8 8tsrt8d ts8k of cheeklng the vglue of our donated It8m8 to m8ke sure they afe not overwced. Thè cost of any 6tgm can very varlable, and 80 We alm to identsfy a low rathrf than a hvJh oxt. Th 6tem8 recolve we rthv and In dato bul are really valuablg to thé benefid8ry. The co108tomy ald. whkth Is donalgd by compan188 aTrJ paInIS ha8 been prfced by the larfff In 2015. The current prfce8 of these It8m8 In thè Countr vtse wg send them are comparablè to the prlG8¥ In Ihg UK- In deed they can be higher as the Items that are 4v¥ll8bl• In th988 countn'os are very Ilmited and of poor quality. We are Trjw recordlng stock on a computer #yslom. This enab u8 to have a muth d8amr rowrd ol stock that has arflved and a18018ft our promhts. M8dlcal ald IJ I(1ed by.type lag bandap8 or motorrlty) rather than ep8¢ffl¢ Item8. The averago fyt box of ilwns kn each category wll be cakulalèd from our current figures and eath year a Tw{Xn selodon of boxes w511 be thecked to (x)nfirm that the prfclng 1$ sllll approprl81è, The boxe8 ¢h8cked last year Showed that our pr1 were lower than what wa8 available on thè Inlarnet, arKI W ihe medlcal aSd Jent In the ectaIrr5 Lqst year had been 8gnt by Gategory then the prfr8 would hava been ¢omp•rat40, REFERENCE AND ADMINISTRATIVE DETAILS Rogl•tsr•d Company number CE023865 IEngl8nd and W81e8) Re9l•t•r•d Charlty numb•r 1192373 Reglst•r•d office Swnemoor Lane Peverley HU17 OJX Trugt••* M Ad8m8 W Moore {appolnlod 1.8.2022) B Ribey E Lyle Rev J Beynon Dr M Robert8on V Bemr08e M Hargreav&s J Sutton Dr A R¢)bertson B G Lucidg Page g
Jacobs Well App•al Report ofth• Tru8t••s forlh• y•ar •nd•d 31st M8rch 2023 REFERENCE AND ADMINISTRATIVE DETAIL8 Aiidllorn Smai105 Gokli8 Chartered Ae£ountants statlrtory Audrtor Regent Court PrInc5 Street Hull Ea81 York8hlr6 U2 88A STATEMENT OF TRUSTEES. RESPONSIBILITIES The trusteès (V are a180 the directors of J8¢ob5 lVdl AFfYtal for the puryJoa88 of comparry Iww} are respon¥lble for pParift9 thè Report of the TfU8let8 and thè financLql 8tatement8 In aco)rdarKe wllh applic9 law and United Kingdom Accountln9 Standards (Uniled Klngdom Ganèrally Accepted Accounting Pro). Comp8ny l•w rewlre8 tru81ees to pry• finartLg1 •tatement8 for fthndal year whth glve a true •nd fak of th8 8tat8 of aff81T8 of the chwitabkn company and of th8 IrwmlrvJ re80UTCO8 aThJ 8PKlleatkn of r880urca8, knduding lh8 arwj èxpènditurè, of the d)arita)k company for that rtod. In preparlng )8e financLql statemwts, tru8to08 8r• rtyulrod to aelact suWJle acCtkn9 pollcl68 and Ihen opY them condthlly., ob8erye the method8 wlndple8 In the Ch8rlty SORP,. mako Il9MentS and 081im8té8 tttal are reasonable and prudrt. stAte wh•lher apF4lcablo ¥ccounling stsndard8 have been ftllowed, 6ubl8¢t tt any mo1orl•l (arture8 di8c108ed 8nd explaiMd in the financlal 8ts1èment8', Fygpare the Iln8tval ststements on the golng concem b9818 unl888 It l• In0pproOIa to praiume thal I dwttabl8 comwy wlll conunue In tMMIrn88. The trustee5 are row8ibl6 for keeping proper accountirvJ r•cord8 whith dl$d08e wlth re880nabl8 accura at any tlme the fina101 p0sOn of the charitable company 8nd to enable them to ensure that tho fin•nci81 alemen16 comply thè Comp8nl98 Act 2006. Thgy are al$0 r¢spon8ible for safeguarding the asse15 of the ¢harMoble MPanY and for lakiry reaabl& 8l•pB for the pr8v•nllon and deteclion ol fraud arKI er IrrQgubrO0. In 80 for 48 tru4ts88 8r8 8w8re'. thoro k8 no relevant audl Infomiaticffl of sCh the charitable compan18 audltors tn unawBTe; and the trust•è8 have taken 8118tep8 that trY ought to hgve lakgn to make them8elve8 aware of any rel•v authl Inknmotim and to establlsh that the audllors are aware of that Infom)don. AUDITORS The auditors. Sma51es Gddle, be Fwposed for r84pwlntr))8nt at the fcrthcoming Annual Gon•r81 Meeting. Report of the trustees. IrrpOratIng a 8tr8teglc report, approved by order of th8 b)ard of trustees, as the comwy direct8. M 22n¢J J8nu8ry 2024 8Trd 8Paned on ihe bogrd's behalf ty.. Trustee Pagg 10
Rgport of tho Indepond•nt Audltor• to th• Tru•t••s of Jacobs Well App•al Qualifi•d Oplnlon We have audited the financBI statements of Jacobs Well Appeal (the 'ch8rilable companll for the year ended 31 sl March 2023 which comprlse the Siatement of Financial Actlvilies, the Balance Sheet. the Cash Flow Statement and notes lo the financial $18tements, including a Summary of signrficanl accountlng policies. Th& financial reporting framework that has been applied In thelr preparation is appllrable law and United 'ngdom Accounting Stsndards (United Klngdom Generally Accepted Accounting Pra¢llce). We have audited the finan¢lal 8tatemenls of Jacob's Well Appe81 (the 'charW} for the year ended 31 st M8rch 2023 which Comprise the Statement of Flnanclal Activllles, the Balance Sheet, the Cash Flow Statement and note8 to the financial statements, Includlng a summary of signifunt aoUntIng policies. The financial reporting framework that has been applled In thelr preparation is applicable law and United Klngdom ACClntIng Stsndards (United Kingdom Generally Aepted Accounting Pra¢lKe). In our opinion, except for the posslble 8ffecl8 of the matlor des¢rlbed In the ba815 for quallfied opinion section ol our report. the financlal 8talements: give a true and fair vlew of the stale of the charlvs affalrs as al 31 March 2023 and of Ihe charlty's profit for the year then ended.. hav8 bean properfy prepared In accordance wlth Unlled Klngdom Generally Accepted Ac¢ountSng Practise an have been prepared In accordanco Wtth the requlrem8nts of the Compan188 Act 2006. Bas18 for quallfied oplnlon Due to a change In the stock gy81em$ used by the chailty durSng the prlor year we were unable to provlde Sufflclent audll evldence In relation to stock prlclng as al 31 March 2022. As a result of these matters we were unable lo detarmlne whether any adjustments might have been found necessary In fespecl of the stock movement reported in the Stat8menl of Flnancial Activltles for the year ended 314t Mar¢h 2023. Our oplnlon on the fin8nclal 8ta18menl8 for the year ended 31 March 202318 modlfied In respect of the above matter and corre8ponding figure8. Concluslons r•latlng lo golng conc•m In audllSng the financial statem8nls, we have concluded that the Irusle85' use of the golThJ concern basls of accounllng in the preparatlon of the financlal 8talements18 appropriate. Based on the work we have performed, we hav8 not idenlifie¢J any malerlal uncertainties relating lo events or condltlons that, IndivSdually or collectively, may cast $ignlflc8nl doubt on the charitable companys ability lo ¢onllnue as 8 golng concern for a perlod of al least twelve months from when the financlal statements are authorlsed for18sue. Our responslbllllles and the r8sponslblllllo8 of the trustees with re$p8ct to going concern are descrfbed in Ihe relevant sectlons of Ihls réport. K•y audft mattern Except for the matter de8crlbed in the basls for qualffied opinion section. we have determined that there are no key matters to be communlcaled in our report. Page11
Report of tho Ind•p•nd•nt Audllor• to th• Truslees of Ja¢ob• Wo11 Appeal Other InfonnatK)n The trustees are responsib for the other Inform8tion. The other Informatlon comprises the inforrnation induded in the Annual Report. other than th& financlal statements and our Report of Ihg Independent Auditors thereon. Our oplnlon on th8 finandal slatements does not cover Ihe other irrformalion and, exc8Pt to the extent Othe1$e expllcllly stated In Ouf report. we do not express any fom of assurance condusion thereon. In ¢onneclion with our audll ol th8 flnanclal statements. our responsibility Is to read the other information and, in doing so, con5id¢r whether the other informgti011 Ill ITl<ileria51y in1}161nI with 1116 finanGial $tstements or our knowledge obtained in the audll or otherwise appears to b8 materially misstal8d. If we I¢lp.nlY 8iJch material Inconslstencles or apparont m8t8rlal mi881aternents, wo aro roquired to delormine whether th18 gives riso to a malarial misstatement In the fflnancial stal8ment5 themselves. If, ba88d on the work we have perfomied, we conclude that there18 a matgrlal misstatement of this other infomialion, we are requId lo report that fact. We have nothlng to report In Ihls regard. Mattorn on whlch w• ar• r•qulrnd to r•port by •x¢•ptlon We have nothing to report kn re8pecl of the following matters where the Charlllos {A¢counts and Reports) Regulations 2008 requwes u8 to report to you if. In our oplnlon-. the informallon glven In tho Report of the Tru8te88 55 InnSIStenI In any materlal respect wlth the financial $tal8m8nls.' or the ¢harltabl8 company has not kepl adequate aGcounlSng records,. or the financlal stslements are r1 In agreement with the a¢¢ounllng records and return8', or we have not rec8lved all tho Informallon and explan8tlons wo roquirc for our oudil. Roipon*lbllttlM ol tru•t•è• As explained more fully In the Stslement of Truslee8' Re8pon81bllllles, the Iru3tees {who are also the directors of the charltab18 company for Ihe purpose8 of company lawl are reBponslble for the preparation of the financlal slalements 2nd for belng $atl8fled that they glve a true and falr view, and for such Intemal control as the tru$16es del8rmine Is necessary to enable the preparallon of flnan¢ial 8tatement6 that are free from materlal mlsstalement, whether due to fraud or error. In preparing the finan¢lal statements, the trustees are responsible lor a$$esslng the charitable Company's ability to continuo a8 8 golng concem, dlsclo$lng, as 8pplicable, mallers related to golng conc8m and usino the golng concern bashs of a¢¢ounllng unless the trustees elther intend lo liquldate the charltable company or to Cease operation8. or have no reali811c allernatNe but to do 80. Page 12
R•port ofth• Independent Awlltor4 to the Trustses of Jacobs Well Appeal Our Mponslbllltlos for the audSt of the flnanclal stat•m•nls We have beon appointed as auditors under Sedion 144 of the Charfties Act 2011 and report in &cordante the Act 8nd relevant regulation8 made or having effect Ireunder. OLK Otiethves are to obtain re8son8t49 assurance about %thether the finana81 statements as a wthole are free from material mi85tatement, whether due lo fraud Orr, and to i58ue a Report of th8 Independent Auditors that Indudes our Onon. Reasonable assurance i¥ a high level of 8SSUtance, but is not 8 guarantee that an aLKJil condLthd In accord8ncA8 ISA8 (UK) I11 aay& deled a material misstatement when it ¥ts. Misstslements adse from fraud or error and grg considered malerlal if, indivi(lually or in the aggregate, they could reasonably be 8XPeCted to influence economic deciSn$ of users tskgn the basis ol tthe financlal statements. The extent lo véhkh OLf pdureS are capable of detectlng Irr¢gularfles. Induding froud18 detslled beknw. Our approh to identifyiTrJ arKJ a85n9 tho rfsks of malèrlal mlsst8lament in r6$t of irrowlarib88, including ff8ud and non-compliance with laws and regulabon8, was focused on spedfic 18W8 regulatlDns vthich we consKJered may have a dired material effect on the flnancl818tslem8n18 or th& cperalions of thè company, Induding the Companie8 Act 2006. tsx 18glslatlon, data protectlon, anll-brlbery. employment. environmèral and hèalth safety i8latrJn. An understanding of th888 laws and regulalon8 and the extonl of rJ)mpliance was oblalned through th8cus8ion wth management and Inspeth'ng legal and regulatY ¢¢Yrespondon¢e. a868seed th• $u8ceptlbilty of tho ¢omp4ny's lknandal 8ts1oment8 to matedal mlsstslement, Includlng obtaining an urKler81anding of how fraud mlghl ocrur, by Mang erquines of management and con8hlerlng the Inlemal control8 In see lo mltigale rtsks of fraud and non<omFql8nce with law8 and regulations. To addre88 the dsk of frathl thrOh mfa)Agemant 4$ and override of ¢onlrolB, Y.. Ferformed ana1Cl procedur8s lo Id8nllfy any unusual cf un8)pected rglaUonBhip•', tested Journal entrles to Idenllfy unu8u81 tran8action$,' a88e88ed whelhgrludgem&nl8 and a8tumpllon8 made In detsrnlnlng the accounlng e8tlmate8 Vr Indicative ol potential bia8,' and Investigated the ralbnale behind 8bgnfflcant or unusual tran8gctlon8. In rOBpon8e to the rf8k of Irwlarltles and nOTrC(Mnplan th Ithv8 and rewlallon8. we d881gned edur68 kh Indud, but were not1Smlled lo.. $gts9 fin8n¢KqI statement di8cbsures to underlying 8UPWrtlng dixumentalon,. re8ding the mlnules of meettng$ of those charged with governanc4', enqulnng of m8n8gèment as to 8Ctual and polenth'al IgatIon and dakn8.' wvj reviewng corre8porthn¢o wtth relov8nt rogulator8 and th6 c4)mpanYs1ggal 8dvlBor8. Due to the Inherent limilatlons of an d[l. there I¥ a rf¥k Ihol wg will rol dEilect 911 Irregulariti'es. indudirvJ those k98dlng to a m81eMal m188tatsmenl In the finanaal stslements or non&CoMplnce with regLs18ts'on. Thi¥ ri8k Incre8888 the more th81 compliance w6th a18w or regulatsn is r¢moved from Ihe ovents 8TrJ IranB8ction8 relected In the financial 8t8lements, 88 we wlll be Ilkdy lo b8me aware of instwcfjs of non-compliance. Auditing slandardg 8180 Ilmll the audit procedures required to identify n¢Trwmplianrg with law8 and wulallon8 lo enqulry of the dlreclor8 a)d other man8gemerrt and the Inspection of roguFotory and legal correspondence, If any. The risk is also greater regarding irregularlties occurrfng due lo fraud rather than error. as fraud Involv6S lents'onal concealment, forgery, collusion, omi88ion, or MIsrepsentat1on. A furthgr descripti of our respon8lbl1l for the audlt of the finandal 8tal8ments 18 located on ts Finenclal Reporb'ng Council's website at www.frc.org.ukJou(litorsresponsibilities. Thls description fomis part of our Report ofts Independ8nt Au(tor¥. Page 13
Report of tho Indgp•nd•nt Audltor8 to lh& Tn*t•es of J¥cobs Well Appeal Use ofour report This report 18 made solety to the ChaTttab rMpanY'S trustees. a8 a bcdy, In accordance vAth Part 4 of the Charilps lAcunt8 and Report81 Regulatlons 2008. Our audit wort has been undertaken 30 that we might state to the charitable ccffnpww'8 trustees those matters we are requKed to &ale to them In an auditors, repc#l and for M other puw. To th8 fvllest extent p8nnitted by law, we ¢ ncl xcept or 88me r88pon8lbllity lo aryone other than charitsble compony ond the ch8rlt#ble compatys trustee8 88 a boty, our wth, for th1.8 ieport, OT for the opinlons V+P have formed. LU fyi Small88 Gold18 Ch8rteTgd Ac%ountants Statutory Auditor Eligi to act as an audllor In t•rm• of Sadion 1212 of the Companies AGt 2006 Regerf8 Caurt Prfnce8B Straet Hull Ea81 York8hYo HU2 8BA Oat•.' 30th January 2024 Pag• 14
Jacobs Well Appeal Ststsment of Flnanclal Actlvltlgs for the Y•arend 31st March 2023 2023 Total funds 2022 Total funds Unreslrictsd ffiJnd Re8lrfcted fund Nol&$ INCOME AND ENDOWMENTS FROM DonatiC5 aryj legacigs 4925,644 226,230 6,161,874 7,085,990 charltsb •ctlvltl chantab ath"yits'e8 416,083 418,083 1690,0301 Investment income othei inwme 136 126,814 136 138,739 11,925 121.188 Total 6.468.677 238.116 0.706.832 8,517,128 EXPENDITURE ON Raising fLmd8 14.368 3.157 67,516 72,957 Ch•rlt•bl• a¢tlvlth8 Chathtablo 8th1184 4.837,032 206,026 0,043.057 7,018.332 other 83.686 3,692 87.278 95,681 Totsl 4,985,076 212,774 S,197,860 7.188,970 Net 9aln&llloB8881 on Inve8trnants 12,8481 12,841) (211) NET INCOMEI(EXPENDITURE) TMn8hrn b•lw••n lund• 480,763 16001 26.381 606.134 (670,0531 17 Not mov•m•nt In fund• 480.163 26,981 606,134 (670,0531 RECONCILIATION OF FUNDS Total fvnd8 brcwht fryward 1,326 100,869 982,195 1.652.248 TOTAL FUNDS CARRIED FORWARD 1,361,479 128,860 1M8,329 982.195 The notes fom part ofthese fin¢181 statements Page 15
Jacoh Well Appgal Balanc• ShMt 31st March 2023 2023 2022 FIXED ASSET8 Tangible asse18 Irweslments 11 12 23,517 32.006 24,368 34,853 55,522 59,221 CURRENT A8SET8 Stocks Debtor8 Cash at bank 13 14 I,OD8,889 59,851 372.278 592.8C6 57,870 299,680 1A41,016 950,338 CREDrroRS Amcmjnts falling duo wthin cne year 15 14208) 127,362) NEf CURRENT ASSETS 1A31107 922,974 TOTAL ASSETS LESS CURRENT LL4BILITIES 1A88,329 982,195 NET ASSETS IA88,329 982,195 FUND3 Unrgslrided fund8 Re8tnct•d knnds 17 1,381.479 1881,328 126,850 100,869 TOTAL FUND8 1,488,329 982,195 Tho ¢harilable eompany 1$ ¢nlilbd to exempkn from audlt undgr Sectlon 477 d lh8 Comp188 Act 2LhJ8 for year ended 31st March 2023. The members have not depodt8d ndc8. pursuant to S•cllon 476 01 Ihe Compankn8 Act 2006 requirlng an 8udil of these finan¢l81 $latem¢nts. T trustees ackno¢ their r¢8pon$ibllitos for {al gnsuring that the charrtae company keèps acLounling records that comply Sectlon8 386 and 387 ofthe Comp8nieg Act 20C6 and ep8ring finanGio1 statements which gN• 8 Iruo 1 faSr vlew of the stale ol affalrs of the charitable company as al thg end of each ffinanclal year and of its Surplus or d8fiut for each finanaal year In accOrdare th tho requirements of Section5 394 and 395 and which othemse comply with the r8quir8mgnls of the Companies Ad 2006 relating lo financial statements. so far as 8pplicAble to the charilable company. {bl These financial ststemgnts have been aLKJiled urKler the requiremonts of SertKJn 145 of tho Charities ALt 2011. The finanaal statements were approved by the Board of Trustges and aLthl$ed for issue on 22nd January 2024 and were svjned on its behalf by.. The note8 fom part of these finanaal Statements Page 16 continued...
Jacobs Well Appeal Balanc• Sh••t- contlnu•d 31*t March 2023 The ncles fom part ofthese Ilnandal stateMts Page17
Jacob• Wdl App••l Cash Flow Stslement for tho year ended 3181 Mawch 2023 2023 2022 Notè8 Ca•h flo from operatlng actfvltl Cash 98ngraled from owations 75,479 247.886 Net eash prowdgd by opeIng activrtb95 70,479 247.886 C*•h flo from Inv••llng actlvltl Purchgse of tangl0 fixed assets Inlere¥t recelved 13,000 136 Net Ca8h Iu8ed Inyprovlded by Inve8ting activ18¥ 12,814 Chang• In cash and UBh •qul¥Jl•nts In th• r•porUng porlod Ca•h and calh •qulval•nts at th• b•glnnlng of th• r•porllng p•rfod 72,618 247,888 51,994 Ca•h and c••h •qulval•nts at th• •nd ol tho roportlng porlod 372,270 299.680 The Th)tss fom part ofts8e ffinanclal ¥tstement8 Page 18
Ja¢ob8 Well App¢•l Notes to the Cash Flow Stat•mon¢ ft)r the y•ar ondod 31st March 2023 RECONCILIATION OF INCOIWIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Not In¢omWl•xpondlturel for Ihe r•portlng p•rlod la8 tho Stat8m•nt of Flnan¢l•l Ath1t1 Adjustments for: DeprecIatic tharge8 Lo88es on knveslmerls Intere81 received Ilncrea8eydecrease in stock8 {InCreaYde¢reoSe In debloT8 IDecreaseylncrease kn credrtcys 806,1J4 -. 1870,053) 9,022 211 1848 (136) {416.083} 11.981) {19,154} 890,030 203,213 1S,243 Not ¢uh provldod by op•ratlon• 76A79 247,886 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.22 Cash flow At 31.3.23 Not ca•h Cash at 299,680 72,616 372.270 299.660 72.818 372,270 T(*•l 299,080 7161L4 371270 The notes fomi part ofthe&e financial statemer)ts Pagg 19
Ja¢ob¥ W¢ll Appèal Notes to the Flnanclal 8tstsmfjnts for thg yo•r gndod 31st March 2023 ACCOUNTING POLICIES BMIS of pr•parlng th• fin4ncl•l statsmgnts The finanaal stslements of ihe charitable CoMy, vkni¢h is a wbllc benefit entity under FRS 102, have teen prepared in 1rdance wth the Charitses SORP IFRS 1021 'Accwnllng Rewrfng by Charitle$.' Statemant of Recomrnended Practice applicable to charib'es preparing their accwnts in LtordantÈ wlh thè Fln8ndal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 jefftiVe i January 20191.. Financial Reporting Signdaru 102 TliL Finaiiciai R¥pthl"tr"iy Staridiifu appllcable In thg UK 8nd Republlc of Ireland, and the Companigs Act 2006. The financial statements have been prepared under the hiBlorlcal co8t convenlBJn, the exception of Irwetherts whkh are wicluded at morkel value. as modlfied by the revaluatknrs of certw'n assets. Mgrygr A¢coundng On 1 April 2022 reglstered CIO 'Jacob8 Wdl AFv8al' (reg I. 11923731 merged wKh rBknd charfty 'Jacob5 Wdl App¢al' (reg no. 515235 taklng on all cForatlons, incomo, expenditwe, 8ssel The purpo8e8 of bolh charthe8 8T• concurrent, and Ihera are no th8nge8 to ihe cla5585 of beneficiaries or the purpose of benefit8 provldgd by tho ¢harlll88. Therefore, th8 accowls pre8errted are th6 resu of comblnlng the charfeB mgrg¢r accoUnn9 as dktatod by the Charlllgs SORP 2019. Golng Conc•m The Tru8tsg8 a$w88 wtheth&r the uae CA goln9 C4)ncm IB 8pproprLgte 1.0. vthoth6r there we onv materlal uncartaintles rél8tèd to ev¢n16 Qr condlllon8 that may ca818ignfficanl (knibt on tho obllity of the CIO lo contlnu• J$ a going wncern. The Tru818o8 make th18 a888s8m•nt In respgct of ae pgriod of at 16881 one ye8r from date of authc*lgallon for188ue of the financial Statements and havo condLthd that the CIO adequate re8ource8 to contlnLbg In operational exl8ten¢s for the f¢foSooa0 ftrture and there ar8 no materlal urKertalntse8 about the CIO'S to continue a8 a grAng 0C•m, IhLM Ihty lo adopt the wlng concwn basi¥ of eccountlng in prep•rfng th• flnondal 8tatoments. Income All income l• recogni80d In the Statmnt of Fln•ndAI oncé the cl)artty ha8 Ontbttemenl to the nd8. It l• prcboblg that the Incomg wlll b? receN•d and amount wi tr• measured reliat4y. Exp•ndStur• L18bSlttles are recognls9d 88 gxpÈrKNlure os soon 28 there Is a legal or constructtve obllgatlon ca)mmKtlng the charlty to that expendlbjrg. it is probable Ihal a Iran8f8r of economic benefit8 vlll bg required in settb8ment and the amount of thè obllgalwi can b8 measLred reliably. Expenditure 18 accounted for on an accrual$ ba81s 8fKI h8¥ bgon da$8lfjed under headkng8 that aggregate 811 cost rdated to the category. Where costs cannot bè directly 8ttrlbuted to parUcJJlar headlng8 they have boon allocated lo acUvilles on a basis consistent with th¢ u88 of resource8. Tanglblg flxgd a8s8ts Depreciatson 18 pfovKled 8t Ihe folowng annual rates In wdèr to vthle off each aB8•1 over estlmated uaeful Iwe. Buildings Bnd ffttiThJs Containers olor veh19¥ - Straight lin• over 20 years - 50% on cost - Stralghl Ilne ov•r 6 y••rn Stocks At 31 Ma 2023 thè charity has indLMled, at a valuation of £1,008,889. the stock of thated pods, m8inty compri&ng ostomy 6upp11é8, medical equipment and disposables. The stock for the charfty Is obtslned through norpexch8rvJe transact)n$ and therefore stock Is held at Fair Value. The Fair V81ue of such 8tcck Is based on the 0 market value where aVaiLate, or Ihe amwnt tr vthich the Stock coukl be purchased at a Who18 level, bgsed on wknliGly avalble dats. Pago 20 contirwed...
Ja¢ob5 Well Appeal Noles lo the Flnanclal Stst•ments- contlnued for thg year ondod 31st March 2023 ACCOUNTING POLICIES- conllnu•d Taxatlon The ¢h8rity 1$ exempt from COfFxation tax on its charitable actllli88. Fund accountlng Unrestricted lund8 can Èe u8ed In Èccordance with the charitabb 04'gclives at tho d8crotion of the tnJ81ees. Restricted funds can only t used for p8rtlcular restrfdgd pu0$98 wlthln th8 obl8Gts Lrf thg charity. Reslridions when 8pecffied by the donor or when lund8 are raiswJ for part10r resthcted Irpose8. Furthgr explana0 of the nature and puw of each fund 1$ Induded In ts rths to the ffinaal stslèmènts. DONATIONS AND LEGACIE8 2023 O¢Jnaled o)od8 Donations Glft aid Legac8 Grant6 4762,420 226.850 172,604 1,000 6,760,827 130,864 1eo,820 17,321 16,558 6,161.874 1 7,085,gKI Gr1• recfved, Included In thè above. aro 08 follow6.' 2023 2022 Grants 18,558 INVESThIENT INCOME 2023 2022 Dep08118ccount interest 136 Page 21 contlnued...
Jacobs Well Appèal No¢0¥ to thg Flnanclal Statomonts - ry>ntlnuod for tha y•ar •nd•d 31$t March 2023 INCOME FROM CHARITABLE ACTMTIES 2023 2022 Adiwty Charitai4¢ 0(Ilvllles Stc¢k m¢)vement 416.083 (890.030} RAISING FUN08 Ral8lng don•llon• and leg•cl•• 2022 Prcy8ty expen8eB Printing and staticery Fundraising Admlnislralion •xpen8•6 Po8tage and cwria Sellin9 C08t8 Staff 11.340 14,447 3,179 4.311 127 3,213 -879 2,672 2.742 40,709 45,821 3,934 6.822 87,615 72.967 CHARITABLE ACTMTIES COSTS Dltect C08ts Charmable actlvhlo8 41)43,067 NET INCOMEIIEXPENDITURE) Inwmellexpendtturel 1$ stated after olarglrylluathtlrgl.. 2023 -¥: 2022 Depred8lk)n. 888et8 Audlors RemLneratlon 9,022 5,340 TRUSTeES' REMUNERATK)N AND BENEFrr8 There were no trustee8' remuneration C otr benefrts for the year endgd 31¥t Mar¢h 2023 Tr tr the year ended 3111 March 2022. Tru$t••8' •xp6n$ There were no trustees, expenses paid for the year ended 3181 Marth 21Y23 r for th• ygw erKlgd 3181 March 2022. Page 22 C(tinUed...
Jacobs Well Appeal NoteB to the Fln•nclal Slatsments - contlnu•d for tho year ended 31st Match 2023 STAFF COSTS 2023 Wages and laneS Pensions 72,120 1,010 92,227 891 73,130 93,118 2023 2022 Avewe numLw olèmployee8 No employee wa8 P8ld 8t a fate of more than £80,000 thrfrvJ the year. 10. COMPARATIVES FOR ThE STATEMENT OF FINANCIAL ACTIVITIES UNeslricted Rerkted fund fund Total INCOME AND ENDOWMENT8 FROM Donats'on8 8fKI legaries 8,884.649 201,341 7,085,990 Charlt•bh actlvlll•• Charlt8ble advltle8 1890,030} 1890,0301 othgr Income 114,128 7.040 121,188 Totsl 6,308,747 208,381 8,517,128 EXPENDITURE ON Ra181ng funds 72,462 495 72,957 Ch•rllabl• •ctlvlti Chwltablg activll•8 8,871287 147,5 7,018,332 Othor 95,867 14 95,881 Totsl 7,039.398 147,S74 7,188,970 Net gaIn{lO$S08} on invoStmw)ts (211) 12111 NET INCOMEIIEXPENDrruRE) 1730,860} 80,807 {670.0531 RECONCILIATION OF FUNDS Total furKl3 brought forward 1.612,186 40,062 1,e52,248 TOTAL FUNDS CARRIED FORWARD 881,326 1(10,869 982,195 Pag8 23 ojntlnued...
Jacobs Well App•al Notes to thè Flnanclal Statwnents- contlnued for the year •nd•d 31st M•rch 2023 11. TANGIBLE FIXED ASSETS Buildings and fitt1ry8 Motor vehides Contain8r8 Totsls C08T At 1st April 2022 Addibvn3 DIspo8al8 67.098 13.865 32,764 3,000 114227 3,000 Al 31st Marth 2023 67.890 13,866 3Q764 117,219 rEpRECIATION Al 181 Apnl 2022 Chwgo year 43,237 13,869 32.763 61)0 89,859 At 31st Marth 2023 46,480 13,869 33,363 93.702 NET BOOK VALUE At 318t March 2023 21,110 2,401 23,L417 At 318t Marth 2022 24,381 12. FIXED ASSET INVESrnNT8 Ll8ted Inveolment• IA4RKET VALUE At 181 Aprtl 2022 and 318t March 2023 34,183 PROVISION8 IMlmi•nIo 2,848 NET BOOK VALUE At 31ot Morth 2023 32,1)00 At 318t Marth 2022 34,853 There yre M Inve8bnent a868ts wtsld8 the UK. Incled %ithin Ihe obw18 ¢ash of £1,448 {2022: £1,318). Hlgtorfcal Cost of Inveslments The hi$lorirAI ¢08t of Investments 88 at 31 Marth 2023 wa8 £30,000 {2022.' £30,000). Cost or valuation a8 0131st Marth 202318 represent•J by.. Inv•¥tnnts Valuatlon in 2023 32.005 Page 24 o)ntinued...
Jacobs Well Appeal Notss to the FlnanclJl Stst¢m¢nts- ¢onllnu•d forthe year ended 318t March 2023 13. STOCKS 2023 2022 Shop •tock 4171 9,591 Warohousfr stock Hygiene Clothes ical disposaljes OBlomy supplies Medical equlpmènl c(tainer lo be 88nt Brk-a-brac and hou8ehohJ 4,205 1,942 3,831 162.246 77,687 613.160 398,154 137,073 23.374 194,598 89,980 4,981 5.911 Warohou•• •to¢k 1,001718 583,215 Total •tock 1,008,889 SW2,8( 14 DeBTOR8: AAKIuNT8 PALLING DUE WTHIN ONE YEAR 1023 2022 Othor debto 59.801 S7,870 CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Acuued expen8e8 8,208 27.382 ANALY818 OP Ner A88ET8 BEfwEEN FUND8 2023 Totsl fd$ 2022 Tolol fvndJ Ur*estrlcted Restricted fund Fixed 88set8 Investments Ctsrrenl assets Current liabllrtle8 23.617 32.005 1,314,165 18,208 23.S17 32.005 1,441,016 18.2081 24.368 34,853 950.336 127,3621 126,800 1.361.479 126.850 1.488.329 982.195 Page 25 contlnued...
Jacobs Wo11 Apwl 11010¥ to tho FlnanGlal Statfjments - wntlnuod for th• year end 31st March 2023 17. MOVEMENT IN FUNDS Trnnsl•rnl G•ln• Fund n•mo Op•nlng In¢om• Exwn•• Clo•lng Afghanistan Abandoned glrfs 8chool 125 125 125 13) 4,048 882 45,875 5,323 124,983 14,2031 24.940 2.005 Burkin8 Faso Child Spon8or8hip Burkina Fa80 ChNd Sponwr8hlp Konya Covld 331 273 870 5,548 871 1,199 (4,2971 (2.1181 (2.9531 (1.3231 1.088 2,327 2,563 1,250 280 4,779 871 873 303 235 3.701 2,578 70,992 4,212 5,328 18961 Dry Season Ghana FNII Tra88 Ghana Iltffaw prolocl Gfft for Llf• Helen Sm6th (S741 (1,1001 17051 327 3.701 8,725 813 5,070 71,IXh) 2,212 89,209 19,2251 (81 12,8501 1130,2821 1225} (28,1XI> Syrla earthwake Tamale Ukralno war 11 drilling 4.650 86,401 225 5,090 20,008 890 4,258 Tot•1 r••trlthd fund8 1LKI,889 238,155 (212,774> 126,850 Unre•trkt•d fijnd 881,328 5,884,780 {5,404,007> (800> 1,381,479 Totsl Fund• 982,196 6.122,915 10,616,781) 1,488,329 Page 26 ¢onWnued...
'Jacobs Well Appeal Not•s to the Flnanclal Statomonts - eontlnued for th• year endod 31st March 2023 2022 ¢omparatlv• m0ment In fundB Fund namo Openlng Incomo Exp•ns• Tran8f•rnlGaln8 Clo•lng Reslrl¢ted funds.. Afghanistan Abandoned Glds S¢hool 8rownwell 8urkina Faso Child Sponsorshlp 8urkina Faso Child Sponsorshlp Kenya Covld Doctor8 Ory Season Ghana Fiult Trees Gift for life Helen Smlth Hospital T8male Ukralne war Welldrllling other 563 625 {1,083) 125 8,607 2.060 14,SCh) 10,897 119,059) 111,8751 4,048 631 343 243 5.854 368 1.594 4,451 1,784 28,241 5,000 303 200 312 34.179 {4,751) {1,834) {25,814) {3,734) 331 273 870 5.548 671 1.199 327 3.701 6.725 4.650 86.401 225 (1.572) (1,595) 175) {36.310) 1,000 5.832 8.725 4.628 170) {22,823) 89.224 225 2.298 185711 572 Total rostrl¢led fund$ 40,062 208,361 (147.574) 100,869 Unreslrthd fund8 1612 18e 8 308 747 7 039 3981 211 TOTAL FUND8 1652 248 8517 128 7 1869701 211 RELATED PARTY D18CLOSURES The land on whlch Jacob's Well Appeal bulldlngs sland18 owned by the Beynon Famlly Dlscretlonary Trust IBFDTI. Jacob's Well Appeal rents its warehouse from the BFDT. The trust 18 also a benefactor of Jacob's Well App681. Ils trustees are Davld Beynon, Rev John Beynon, Samuel Nunes and Dr Beryl Beynon. Dr Beryl Beynon is also a Irustee and medical dlrector of Jacob's W811 and Rev John Beynon Is CEO. John Beynon, the son of trustee Dr Beryl Beynon, is employed by the charity and is remunerated at th8 UK Living wage in his role 88 CEO. In the event of any discussions regarding payment8 to b6 made by Jawb's Well App8al lo the BFDT, Dr Beryl Beynon and John Beynon are asked lo leave the room so Ihal a conflict of Interest does not occur. The financial transactions b?en Jacob's W811 and tha BFDT are listed below.. 2023 2022 Flnanclal transactlons botw••n Jacob's W•ll and tho 8•ynon Famlly Dlgcrellonary Tru8t Incomo to Jacob's Wo11 Appeal General donations Tax reclaimable on gmt ald donatlon8 12,500 12.500 22,727 21,474 Expense8 for Ja¢ob'8 Woll Appoal Rep8ir8 WarehiJu8e rent 152 18.000 18,000 18,000 Page 27 continued...
Jacobs Well Appeal Nots# to the FlnanGlal Siat•monts- ¢ontlnu•d for the year ond•d 318t March 2023 19. MERGED ENTITIES As both entittes have the same name. for clarty purposes. in the table below the orlglnal unlncorporated charity. Well Appeal (reg no. 5152JS} will be referred to 88 UnIncorp1Qd Charfty, and the CIO. Jacobs W611 Appeal (reg no. 11923731 will be referd to a8 CIO. Analy•l• of prln¢lpal 8oFA oomponont8 for th• p•rlod •nd•d 31 M¥r¢h 2023: Unincorporatod Charlty cio Charlty (prm•ry•r) (prn-m8ry•r) (pogt-m•rg•r) Combln•d lotal Total income Total expenditure 5.621.850 5 200 698) 84,982 5,706,832 5.200 698) Net In¢omel(expendlture) 421,152 84,982 506,134 Net movgment in fvnds 421 152 84.982 506.134 An•1 of prlndpo18oFA Pon9n1• for th• poriod endod 31 March 2022: Unln¢orporatod Charlty Cornblnod total Total Income Total oxpendilur8 6,517,128 7 186970} 8,517.128 7 186970) N8t Incomel{expendlture) ,Othor galn81(10s6es) ieeg,842) (869,8421 Net movem8nl fund8 670 053) Analy818 ol n•t ass•ts at th• 1 Aprfl 2022: Unln¢orporat•d Charlty Comblnod cio Net a88ets represented by: Unwlrlcted funds Restricled furK18 881,326 100 889 881.328 Total fund8 982 195 Page 28
Jacobs Well Appeal Dotalled St•t•ment of Flnanclal Acllvliles for th• year end 31st March 2023 2023 2022 IIKOME AND ENDOWMENT8 Don•tlon8 and l•gacl Donated gc<Jd8 Donatr)n8 Gfft akl Legac Grwts 4,762.420 226,850 172,604 1,IXIO 6.760,827 130.884 180,620 17,321 18.558 5,151,874 7,085.990 InvMtm•nt Incom• DeFK)8it occount Interest Ch•rltabl• •ctfviti Stttk movement 416,083 (890,030} Oth•r Incom Shop 8ale8 Other 8al88 othgr income 51,326 62,235 -48,033 10.900 | 121,1e8 46.789 138,739 Total Incomlno mourc•8 6,706.832 8,517.128 EXPENDITURE Rahlng donatlon• Ind 18gacl Propety 8XFen8e8 Printlng and Slats'onory Fundraislng AdmSnl8tralon 8xwn8e8 Poslage and carrkqge Selling Go8ts Staff Transport 14.447 508 127 3.213 679 2,742 45,821 5,822 3,179 4.311 807 2,672 40.709 3.934 87,616 72,957 ch•rftats •cllvltl•8 Wages Medi¢al ¢08ts d sent AdmlnlstratiI expen8e8 Educa81 and pa8toral expenses ShippirwJ of aid SUF* ofov8r8eas proj¢¢ts 7,774 33,615 4.770.960 7,069 9,497 19,324 8.781.648 2,174 2,416 95.134 108.141 124.298 97.467 S,043,007 7,018,332 Thls page does not form pgrt of the 8latutory finanaal 5tstemfjnts Page 29
Jxob8 W1 AppMI Dotallgd Ststemont of Fln•ncl•l Aclmd for th• yHrend6d 31•t March 2023 2023 Charfl•bl• •¢OvRI•• 36,386 38,000 79 877 879 10,918 23,012 13.094 InwrArth Ilcer Phcrn and Int•m•t Adminislratson expen Proputy eXFnO Tr8nspc Ffeehdd yopwty FLYtur•8 and 11ttl• Mctr v•hld•B 20,265 19,603 6.629 3,251 600 5,023 87,278 95.681 5,197,880 7,188,970 N•t Inconrf•xp•ndltyrn) b•forn gal d Io•B 508,982 1889,8421 Reall••d r•cognlwl galn• and lo•••• Re•ll8•d galnollhJM••) on flx•d aM•t v•knnl• 12,8481 {211) Pl•t In•xp•ndv•? 506,134 {870,053) Thls page dpe8 notfom) pArt of thg ¥Iory fin•ndal otthmon18 P•Jo 30