## **ANNUAL REPORT AND ACCOUNTS**
**TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024**
**CHARITY REGISTRATION NO 1195953**
**1**
## **TABLE OF CONTENTS**
**Table of contents ............................................................................................................................ 2 Reference and administrative information ...................................................................................... 3 Trustees' Report ............................................................................................................................. 4 Statement Of Financial Activities ..................................................................................................... 6 Balance Sheet ................................................................................................................................. 7 Notes to the Financial Statements ................................................................................................... 8**
**2**
## **REFERENCE AND ADMINISTRATIVE INFORMATION Trustees & Officers of the Charity**
**Chairperson Naina Chauhan Trustees Gillian Cammack Giuseppe Marcantonio Rahul Devan Chauhan Rishil Patel Robert Rea Charity Number 1195953 Charity’s Office 47 The Glade Epsom KT17 2HL Banker Barclays**
**3**
## **TRUSTEES' REPORT**
## **Report of the trustees for the year ended 30th September 2024**
## **Objectives**
The charity exists to support people with glioblastoma, their families and carers, by relieving financial hardship providing information about glioblastoma.
## **Structure, Governance and Management**
The Jay C Trust was founded in May 2021 and registered with the Charity Commission as a CIO on 28th September 2021. There are 6 trustees. The trustees have acted in line with the charity's constitution and its other policies. During the year, trustees’ meetings were conducted in a variety of formats: online, hybrid and face-to-face. In November 2023 Will Porter stepped down as a trustee after serving for three years. The charity is registered with HMRC for Gift Aid
## **Staff**
The charity does not employ any staff but did pay for a variety of professional help during the set-up period to ensure that the appropriate policies, procedures and associated documents were in place for registration with the Charity Commission.
## **Activities**
During the year, the charity focused on raising awareness of the availability of grants by making contact and liaising with hospitals and G.P. surgeries in the areas of operation. During the year the decision was made to expand the area of operation to include Greater London and the whole of the West Midlands and we made contact with Kings College hospital London. The social media presence and website continued to enable the public to interact with all aspects of the charity.
During the year the charity continued to raise awareness and funds through a range of events including a coffee morning and a charity race night. During Glioblastoma Awareness Week 2024, we held a street collection in our local community, Stoneleigh Broadway. We have networked with other charities in similar fields including some of the major brain tumour charities.
Throughout the year, individuals and small groups have continued to raise money for the charity by regular giving, sponsored challenges and other events. The charity was listed on the 2024 Ultra Challenge Series and has been sponsored by Four Master Audio and Bronze Era in Birmingham.
A small monthly support group has been run in Stoneleigh throughout the year.
**4**
## **Financial Review**
During the year the charity's main source of income has been fundraising done by the charity, fundraising done by others in aid of the charity and the regular giving of some donors. The charity's major expenditure has been on the giving of grants to those affected by glioblastoma, with some expenditure on events and publicity.
The Reserves Policy sets the reserves at three months’ operational expenditure.
## **Declaration**
The Trustees declare that they have approved the Trustees Report above.
Signed on behalf of the Trustees
## _Naina Chauhan_
…………………………………… Naina Chauhan (Chair) Dated: 25/07/2025
**5**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **(INCOME & EXPENDITURE ACCOUNT) For the year ended 30 September 2024**
|Notes
**Income and endowments from:**
**Donations, legacies and similar**
**income**
Gift Aid, Covenants and
general donations
[2]
**Incoming resources from**
**charitable activities**
Fundraising Activities
Investment Income
**Total incoming resources**
**Expenditure on:**
Charitable activities
[3]
Donation to Charitable
Organisations
**Total resources expended**
Net incoming (outgoing)
resources for the year
Transfers between funds
Net movement in funds
**Funds at 01 October 2023**
**Funds at 30 September 2024**|**Unrestricted**
**Restricted**
**Total 2024**
**Total 2023**
**£**
**£**
**£**
**£**
10523.94
-
10523.94
29325.77
2906.01
-
2906.01
2481.42
-
-
-
25.46|
|---|---|
||**13429.95**
**-**
**13429.95**
**31832.65**
3220.43
-
3220.43
5838.21
-
-
-
100.00|
||**3220.43**
**-**
**3220.43**
**5938.21**
10209.52
-
10209.52
25894.44
-
-
-
-|
||10209.52
-
10209.52
25894.44
**51878.86**
**-**
**51878.86**
**25984.42**|
||**62088.38**
**-**
**62088.38**
**51878.86**|
The notes on pages 8 to 10 form part of the accounts.
**6**
## **BALANCE SHEET**
## **For the year ended 30 September 2024**
|Notes
**CURRENT ASSETS**
Cash in hand and at bank
[4]
**CURRENT LIABILITIES**
Creditors: Amounts falling due
within one year
[5]
NET CURRENT ASSETS
**NET ASSETS**
**Funds & Reserves**
**Accumulated Funds**
[6]|**Unrestricted**
**Restricted**
**Total 2024**
**Total 2023**
**£**
**£**
**£**
**£**
62088.38
-
62088.38
51878.86|
|---|---|
||**62088.38**
**-**
**62088.38**
**51878.86**
-
-
-
-|
||**-**
**-**
**-**
**-**
62088.38
-
62088.38
51878.86|
||**62088.38**
**-**
**62088.38**
**51878.86**|
||**62088.38**
**-**
**62088.38**
**51878.86**|
Approved by the trustees on
## _Naina Chauhan_
_Naina Chauhan Rishil Patel_ …………………………………….. …………………………………….. Naina Chauhan (Chair) Rishil Patel (Trustee) Dated: 25/07/2025
The notes on pages 8 to 10 form part of the accounts.
**7**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1. ACCOUNTING POLICIES**
## _**a) Basis of preparation**_
The accounts have been prepared under the historic cost convention except for investments, which are valued at market value. The accounts have been prepared in accordance with the Charities Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities" and the Charities Act 2011.
## _**b) Fund Accounting**_
The unrestricted Income Fund can be spent on any purpose within the organisation's objects at the discretion of the trustees.
## _**c) Incoming Resources**_
All 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. Interest and dividends are fully accrued at the balance sheet date.
## _**d) Resources expended**_
Resources expended are included in the statement of financial activities on an accrual’s basis, inclusive of any VAT, which cannot be recovered. Grants and donations payable are accounted for when a legal or constructive obligation arises. A constructive obligation arises where the other party has a reasonable expectation of receipt.
## _**e) Tangible fixed assets**_
Fixed assets comprise office furniture and equipment are now fully depreciated. All assets costing more than £100 are capitalized at historic cost.
## _**f) Related party transactions and trustee's remuneration**_
Trustees received no emoluments during the year (2023: £nil) nor expenses in the year (2023: £nil).
## _**g) Valued Added Tax**_
VAT is not recoverable by the charity.
**8**
## **2. GIFT AID, COVENANTS AND GENERAL DONATIONS**
|Donations
Fundraising Contributions
Gift Aid Claimed
Grants - Non Recurring
JustGiving Contributions
Matched Donations
Payroll Giving
Sponsorships
Other Incoming Resources|**Unrestricted**
**Restricted**
**Total 2024**
**Total 2023**
**£**
**£**
**£**
**£**
7984.66
-
7984.66
14232.83
-
-
-
525.00
-
-
-
1543.32
2000.00
-
2000.00
1700.00
189.28
-
189.28
4910.41
-
-
-
4400.00
350.00
-
350.00
1000.00
-
-
-
1000.00
-
-
14.21|
|---|---|
||**10523.94**
**-**
**10523.94**
**29325.77**|
|**3. EXPENDITURE ON CHARITABLE ACTIVITIES**||||||
|---|---|---|---|---|---|
|**Unrestricted**||**Restricted**||**Total 2024**|**Total 2023**|
||**£**|**£**||**£**|**£**|
|Grants Paid Out|2000.00||-|2000.00|3500.00|
|Fundraising Expenditure|8.50||-|8.50|1337.41|
|Bank charges and merchant fees|91.74||-|91.74|79.83|
|Insurance|96.00||-|96.00|96.00|
|Marketing & Promotions|113.86||-|113.86|118.88|
|Postage Costs|1.95|||1.95|76.61|
|Printing and Stationary Costs|390.36||-|390.36|228.67|
|Software and Computer|186.48||-|186.48|186.48|
|expense||||||
|Sundry Expenses|140.60||-|140.60|34.75|
|Telephone and Email|97.48||-|97.48|86.12|
|Website Running Cost|93.46||-|93.46|93.46|
||**3220.43**||**-**|**3220.43**|**5838.21**|
|**4. CASH IN HAND AND AT BANK**||||||
|**Unrestricted**||**Restricted**||**Total 2024**|**Total 2023**|
||**£**|**£**||**£**|**£**|
|Petty Cash|19.46||-|19.46|24.86|
|Current Account|62048.86||-|62048.86|51608.39|
|Paypal and Stripe Accounts|20.06||-|20.06|245.61|
|**62088.38**|||**-**|**62088.38**|**51878.86**|
**9**
## **5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Accruals and deferred income|**Unrestricted**
**Restricted**
**Total 2023**
**Total 2022**
**£**
**£**
**£**
**£**
-
-
-|
|---|---|
||**-**
**-**
**-**|
## **6. ACCUMULATED FUNDS**
|**. ACCUMULATED FUNDS**||
|---|---|
|General Funds (Unrestricted)|**Opening**
**Balance**
**Income**
**Expenditu**
**re**
**Transfers**
**Closing**
**Balance**
**£**
**£**
**£**
**£**
**£**
51878.86
13429.95
3220.43
-
62088.38|
||**51878.86**
**13429.95**
**3220.43**
**-**
**62088.38**|
**10**
THE JAY C TRLST
FIJANCI.4L ST.4TENIENTS
FOR THE YEAR ENDED 30 SEPTEMBF.R 2024
We report to ihe members olThe Jav C Trusi on accounts for the }ear ended 30 S¢ptember
Res
ectiTr'e res
onsibilities of Trustees and Examiner
The charitv's trustees are restK>nsible for the preparation of the accounts. The charit!"s
IrusT¢¢s consider that an audil is noi required for ihis N'ear under Seciion 144 of the Chariiies
Act ?0 I l {the Charities Aci) and thai an Rndependeni examinaiion required.
It is our responsibilit). to-
eNarnine the accounts under Section 14) of the CharilLes .4ct-
toll0. procedures laid do in the tseneral Direclions g?ii"en by the Charit), Commission
(under Seciion 14ili)Ib) of ihe Chariiies .4cil- and
slate "hether particular matters haN'e come lo our aiteniion
Basis of Inde
endent Examiner's re
ort
Our examination was carried out in accordance with ihe general Direciions given bN the
Charil!, Commission. An examination includes a rel'ie" of the accounting records kepi bv the
charil!, and a compari50n of the aceounis presenied ii-iih those r¢eords. li also includes
onsideraiion of an). unusual ileTlls or disclosures in ihe financial reiurn. and seeking
explanaiions from the trustees concerninu anv such mailers. The procedures undertaken do
noi proi.'ide all ihe ei'idence thal "OUld b¢ required in an audit. and consequenil!, no opinion
is l7jN'en as io M'heiher ihe accounts prcs¢ni a -"Irue and fair I'le" and the repon is limited to
thosc matters sei OUT in the siaietnent below.
Inde
endent Examiner's statement
In connection w'ith our examination. no matteT has come io our attention:
which ojN'es us reasonable cause to belieN"e ihai in anN' maierial respect. the requirernents:
to keep proper accounting records in accordance ii.ith section 130 of the Charities Act.
to prepare accounts "hICh accord Hith the accounTino records and comply TrIh the
accouniing requirements of the Chariiies Aci hai"e noi been mei; or
2. 10 which, in our opinion. aiieniion should be dra in order to enable a Proper
understanding of the accounts to be reached.
18, THE BROADWAY
STONELEIGH, EWELL
EPSOM,
SI,"RRF.Y, KT17 2Hti.
L & F ACCOL,NTING LTD.
CH.4RTERED ACCOL)TANTS
?) JULY ?0?5