## **Trustees’ Annual Report for the period** ## **From:** October 2021 Period start date, To January 31st 2023 Period end date. ## **Charity name:** The Jump ## **Charity registration number:** 1196196 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To
promote,
for
the
public
benefit,
the
conservation, protection and improvement of
the
physical
and
natural
environment,
in
particular, but not exclusively, by providing the
public with information and guidance about
individual lifestyle changes that can be made
to prevent or reduce climate change and
encouraging and supporting them to make
their own lifestyle changes to help prevent or
reduce climate change, including through the
use of practical tools.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and 1.19|We have a powerful, two-pronged approach to
inspiring citizens and communities to ‘take The
JUMP’ and form a movement:
1) Local projects: Targeted outreach in specific
locations to achieve high JUMP uptake by
citizens,
business, civil society, and local
government,
all
in
one
place.
These
‘community JUMPs’ will offer proof of principle
and sources of practical & visual inspiration.
They are co-developed with local community
voices
and leaders and start with local plan
co-creation, then events, buddy groups, street
fairs, grief sharing,
JUMP citizen assemblies
and other ways of engaging and connecting
people on the ground. Current
projects are
underway in Surrey, with community JUMPs in
Guildford and Godalming, Bristol with a focus
on local business JUMPs, and Leeds with a
focus on marginalised groups, including low
income and BIPOC communities.
2)
Digital
movement
building:
General
outreach and promotion to catalyse a digitally
connected emerging
movement across the
target demographic in the UK, and eventually| |||Europe and North America. Building
on our
strong message, ethos and brand style to
undertake targeted campaigns across social
media,
press, blogs, and events. Combined
with online influencer & supporter outreach
with organic social
activation (people, not ad
placement!), The JUMP is inspiring a visible
and active cohort of citizens and communities
to sign up to ‘taking The JUMP’, wherever they
live.
By
connecting
JUMPers
online
and
unlocking and broadcasting their journeys and
stories we will debunk consumerist narratives,
replacing them with better ones.
Together
these
two
prongs
create
an
international network of JUMP ambassadors,
both on the ground
and online, who are
supported to inspire and recruit others, leading
to
a
self-sustaining
movement.
The
populations that are specifically being targeted
by The JUMP are the 25% in typical high
consuming
countries, who are increasingly
open to climate action and must now be
activated if any cultural shift is to happen, as
identified
in
research:
https://climateoutreach.org/reports/britain-talks
-climate/. This is Civic
pragmatists, (13% in
UK) who want to engage but feel helpless,
progressive views but not political, and to
a
lesser extent established liberals, (12% of UK)
high consumption and wealth, prioritise taking
personal
responsibility and are moderately
concerned about climate change. The JUMP is
designed
to
engage
these
groups
by
remaining
positive,
practical
and
avoiding
party politics.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|The trustees regard the guidance issued by
the Charity Commission on public benefit.| ## **Achievements and Performance** SORP reference |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|- 15 local communities have pledged to to
'Take the Jump’ across the UK, providing
mutual support for citizens and local groups
taking The Jump in each area.
- 3,500 people have signed up and taken the
jump
-
Digital
community
platform,
(hub.takethejump.org) and community toolkit
have been created and made available for
individuals and groups around the UK
-
Several
interactive
one-day
events,
including workshops, music, games, crafts
and more, promoting The Jump lifestyle shifts
have taken place in local communities across
the country, such as in Guildford Cathedral,
Battersea
Arts
Centre,
Guildford
Climate
Emergency Centre, Leeds City Centre and
Margate.
- Several long-term community campaigns
have taken place in local communities across
the
country.
In
Woking,
events,
talks,
showcases and other activities related to
taking The Jump were put on for 6 weeks in
the Summer of 2022.| |---|---|---| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end of
the period|Para 1.21|Cash position, we started with £0, we have
ended with £59,082, after £45,475 spend and
£104,540 income. This covers our working
capital.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Held for operational purposes. We hold three
months
of
operational
reserves
for
core
operations. Take The Jump reserves policy
stipulates that the cash and reserves position
is to be sufficient to cover a minimum of 3
months' operating costs and to enable the
charity to develop new initiatives in support of
its charitable objects.| |Amount of reserves held|Para 1.22|With
3
months of future operating costs
estimated at least £15k, the Trustees have
agreed on a target reserve of £15k. At the
end of the financial period, the Charity’s free
reserves exceeded £15k.| |Reasons for holding zero
reserves|Para 1.22|We hold reserves for 3 months or more.| |Details of fund materially in
deficit|Para 1.24|We are not in deficit, we have no loans or
financial instruments| > Para 1.23 No uncertainties Explanation of any uncertainties about the charity continuing as a going concern ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**| |---|---|---| |You may choose to include further statements where relevant about:||| |
The charity’s principal sources
of funds (including any
fundraising)|
Para 1.47|
Committend
philanthropic
and
institutional
funders with repeat donations, with aim to
scale this.| |Investment policy and
objectives including any social
investment policy adopted|Para 1.46|Take
the
Jump
currently
does
not have
investments, if we do they will be social
impact driven.| |A description of the principal
risks facing the charity|Para 1.46|Major risks and management of those risks.
The charity's activities expose it to a number
of financial risks including credit risk, cash
flow risk and liquidity risk.
Cash flow risk
●
The
charity’s
activities
expose
it
primarily
to
the
financial
risks
of
changes in foreign currency exchange
rates and interest rates.
●
The charity uses foreign exchange
forward contracts and interest rate
swap
contracts
to
hedge
these
exposures.
●
Interest-bearing assets and liabilities
are held at a fixed rate to ensure
certainty of cash flows.
Credit risk
●
The charity’s principal financial assets
are bank balances and cash.
●
The
charity
has
no
significant
concentration of credit risk.
Liquidity risk
●
Further details regarding liquidity risk
can be found in the Statement of
accounting
policies in the financial
statements.| |Other||| ## **Structure, Governance and Management** |Description of charity’s trusts:||None| |---|---|---| |
Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |
How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|Para 1.25|Trustee selection is overseen and verified by
existing trustee board. Nominations are made
by The Jump CIO Director, and then agreed
or refused in a trustee meeting.| ## **Reference and Administrative details** |Charity name|Take The Jump| |---|---| |Other name the charity uses|(Formerly‘The Jump’)| |
Registered charity number|
1196196| |Charity’s principal address|61 CLAREMONT ROAD
BRISTOL
61 Claremont Road
BS7 8DW| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**
**Name of person**
**(or body)**
**entitled to**
**appoint trustee**
**(if any)**| |---|---|---|---| ||Ben Hewitt|Chair|19/10/2021 - ongoing
Tom Bailey| ||Tonye Vianana|Trustee and
Treasurer|19/10/2021 - ongoing
Tom Bailey| ||Lachlan Ayles|Officer for Young
People and Board
Secretary|19/10/2021 - ongoing
Tom Bailey| ||Marvina Newton|Trustee and Officer
for Equality and
Diversity|19/10/2021 - ongoing
Tom Bailey| ||Emily Dyson|Trustee and Officer
for Communications
and Media|19/10/2021 - ongoing
Tom Bailey| ## **Funds held as custodian trustees on behalf of others** Description of the assets held No assets held in this capacity in this capacity Name and objects of the No assets held in this capacity charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for No assets held in this capacity. safe custody and segregation of such assets from the charity’s own assets ## **Declarations** **Signature(s) Full name(s)** LACHLAN WILLIAM NORMILE AYLES **Position (eg Secretary,** Officer for Young People and Board Secretary **Chair, etc) Date** 18/11/22 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **Charity number 1196196 CIO number CE026936** ## **THE JUMP** ## **REPORT AND FINANCIAL STATEMENTS** **FOR THE PERIOD ENDED 31 JANUARY 2023** DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **CHARITY INFORMATION** **Charity number** 1196196 **CIO number** CE026936 **Trustees** Ben Hewitt – Chair (Appointed 19 October 2021) Tonye Vianana (Appointed 19 October 2021) Lachlan Ayles (Appointed 19 October 2021) Marvina Newton (Appointed 19 October 2021) Emily Dyson (Appointed 19 October 2021) **Registered office** 61 Claremont Road Bristol BS7 8DW **Independent examiner** Grant Thornton UK LLP Victoria House 199 Avebury Boulevard Milton Keynes MK9 1AU DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **CONTENTS** ||**PAGE**| |---|---| |**Trustees’ Report**|1 - 3| |**Statement of Trustees’ Responsibilities**|4| |**Independent Examiner’s Report**|5 – 6| |**Statement of Financial Activities**|7| |**Balance Sheet**|8| |**Notes to the financial statements**|9 - 13| DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2023** The Trustees present their report together with the financial statements for the period from formation on 19 October 2021 to 31 January 2023. ## Structure, governance and management The Jump, (commonly referred to as Take The Jump) is registered with the Charity Commission (No. 1196196) and is constituted as a Charitable Incorporated Organisation (CIO number CE026936). The charity is a CIO, it is governed by its governing document: CIO - Foundation Registered 19 October 2021. Please refer to the Company Information page for the registration numbers, address of the principal office and the names of the Trustees who served during the year. The Trustees confirm they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities. ## Trustee selection methods Trustee selection is overseen and verified by existing trustee board. Nominations are made by The Jump CIO Director, and then agreed or refused in a trustee meeting. ## Objectives and activities To promote, for the public benefit, the conservation, protection and improvement of the physical and natural environment, in particular, but not exclusively, by providing the public with information and guidance about individual lifestyle changes that can be made to prevent or reduce climate change and encouraging and supporting them to make their own lifestyle changes to help prevent or reduce climate change, including through the use of practical tools. We have a powerful, two-pronged approach to inspire citizens and communities to ‘take the jump’ and form a movement: 1. Local projects: targeted outreach in specific locations to achieve high JUMP uptake by citizens, businesses, civil societies and local government, all in one place. These ‘community JUMPs’ will offer proof of principle and sources of practical & visual inspiration. They are co-developed with local community voices and leaders and start with local plan co-creation, then events, buddy groups, street fairs, grief sharing, JUMP citizen assemblies and other ways of engaging and connecting people on the ground. Current projects are underway in Surrey, with community JUMPs in Guildford and Godalming, Bristol, with a focus on local business JUMPs, and Leeds with a focus on marginalised groups, including low income and BIPOC communities. 2. Digital movement building: general outreach and promotion to catalyse a digitally connected emerging movement across the target demographic in the UK, and eventually Europe and North America. Building on our strong message, ethos and brand style to undertake targeted campaigns across social media, press, blogs, and events. Combined with online influencer & supporter outreach with organic social activation (people, not ad placement!), the JUMP is inspiring a visible and active cohort of citizens and communities to sign up to ‘taking the JUMP’, wherever they live. Page 1 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 **THE JUMP TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2023** ## Objectives and activities (continued) By connecting JUMPers online and unlocking and broadcasting their journeys and stories we will debunk consumerist narratives, replacing them with better ones. Together these two prongs create an international network of JUMP ambassadors, both on the ground and online, who are supported to inspire and recruit others, leading to a self-sustaining movement. The populations that are specifically being targeted by The JUMP are the 25% in typical high consuming countries, who are increasingly open to climate action and must now be activated if any cultural shift is to happen, as identified in research: https://climateoutreach.org/reports/britain-talks-climate/. This is Civic pragmatists, (13% in UK) who want to engage but feel helpless, progressive views but not political, and to a lesser extent established liberals, (12% of UK) high consumption and wealth, prioritise taking personal responsibility and are moderately concerned about climate change. The JUMP is designed to engage these groups by remaining positive, practical and avoiding party politics. ## Achievements and performance Since the charity was incorporated on 19 October 2021, it has achieved the following: - 15 local communities have pledged to 'Take the Jump’ across the UK, providing mutual support for citizens and local groups taking the JUMP in each area. - 3,500 people have signed up and taken the JUMP. - A digital community platform, (hub.takethejump.org) and community toolkits have been created and made available for individuals and groups around the UK. - Several interactive one-day events, including workshops, music, games, crafts and more, promoting The JUMP lifestyle shifts have taken place in local communities across the country, such as in Guildford Cathedral, Battersea Arts Centre, Guildford Climate Emergency Centre, Leeds City Centre and Margate. - Several long-term community campaigns have taken place in local communities across the country. In Woking; events, talks, showcases and other activities related to taking The JUMP were put on for 6 weeks in the Summer of 2022. ## Financial review During the period the charity received donations totalling £104,540 and bank interest of £38. The charity expended funds totalling £48,746 resulting in an overall surplus for the year of £55,832. As a result, unrestricted funds carried forward for the charity total £55,832. This is considered to be sufficient to cover the charity's working capital. ## Reserves policy Reserves are held for operational purposes. We hold three months of operational reserves for core operations. The Jump’s reserves policy stipulates that the cash and reserves position is to be sufficient to cover a minimum of 3 months' operating costs and to enable the charity to develop new initiatives in support of its charitable objects. Page 2 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2023** ## Reserves policy (continued) With 3 months of future operating costs estimated to be at least £15k, the Trustees have agreed on a target reserve of £15k. At the end of the financial period, the Charity’s available free reserves exceeded £15k. We hold reserves for 3 months or more. Page 3 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2023** ## Statement of Trustees’ responsibilities The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. The Charities Act 2011 requires the trustees to prepare financial statements for each financial year. The trustees have to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP (FRS 102) - Make judgements and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the board of Trustees and signed on its behalf by: **Ben Hewitt Chair, The Jump** **Date:** 3/11/2023 Page 4 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JUMP** I report on the accounts of The Jump for the period ended 31 January 2023, which are set out on pages 7 to 13. Your attention is drawn to the fact that the charity's trustees have prepared the charity's accounts in accordance with the Statement of Recommended Practice '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) issued in October 2019 in preference to the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2005)' issued in April 2005 which is referred to in the Charities (Accounts and Reports) Regulations 2008 but has been withdrawn. I understand that the charity's trustees have done this in order for the charity's accounts to give a true and fair view in accordance with United Kingdom Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. This report is made solely to the charity's trustees, as a body, in accordance with the regulations made under section 154 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act 2011; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011; and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a comparison of the accounts with the accounting records kept by the charity. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below. Page 5 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JUMP** ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Charities Act 2011; - to prepare accounts which accord with the accounting records; and - to comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 have not been met; or - to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Christopher Bagnall FCA** Grant Thornton UK LLP Chartered Accountants **Milton Keynes** Date: 3/11/2023 Page 6 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 JANUARY 2023** |**Note**
**Incoming resources from:**
Donations and legacies
2
Investment income
2
**Total incoming resources**
**Resources expended**
Raising funds
3
Charitable activities
3
**Total resources expended**
**Net incoming resources**
**Net movements in funds**
**Total funds brought forward**
9
**Total funds carried forward**
9|**Unrestricted**
**funds**
**£**
**92,840**
**38**|**Restricted**
**funds**
**£**
**11,700**
**-**|**19 October**
**2021 to**
**31 January**
**2023**
**Total**
**2023**
**£**
**104,540**
**38**| |---|---|---|---| ||**92,878**|**11,700**|**104,578**| ||**(1,295)**
**(35,751)**|**-**
**(11,700)**|**(1,295)**
**(47,451)**| ||**(37,046)**|**(11,700)**|**(48,746)**| ||**55,832**|**-**|**55,832**| ||**55,832**
**-**|**-**
**-**|**55,832**
**-**| ||**55,832**|**-**|**55,832**| There are no recognised gains or losses other than those included above. The results above relate to continuing activities. The income and expenditure is measured under the historical cost convention. The notes on pages 9 - 13 form part of these financial statements Page 7 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **BALANCE SHEET AS AT 31 JANUARY 2023** |**Note**
**Current assets**
Debtors
6
Cash at bank and in hand
**Total current assets**
**Creditors: amounts falling due within one year**
7
**Total liabilities**
**Net assets**
**Funds of the charity**
Unrestricted funds
9
Restricted funds
9
**Total funds**|**Unrestricted**
**funds**
**£**
**16**
**59,066**|**Restricted**
**funds**
**£**
**-**
**-**|**Total**
**2023**
**£**
**16**
**59,066**| |---|---|---|---| ||**59,082**
**(3,250)**|**-**
**-**|**59,082**
**(3,250)**| ||**(3,250)**|**-**|**(3,250)**| ||**55,832**|**-**|**55,832**| ||**55,832**
**-**|**-**
**-**|**55,832**
**-**| ||**55,832**|**-**|**55,832**| The financial statements were approved by the Trustees and authorised for issue and signed on its behalf by: **Ben Hewitt** **Chair – Board of Trustees** 3/11/2023 **Date:** The notes on pages 9 - 13 form part of these financial statements Page 8 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 1 ## **THE JUMP** **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JANUARY 2023** ## Accounting Policies ## 1.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), and the Charities Act 2011. Please refer to the Company Information page for the registration numbers, address of the principal office and the names of the Trustees who served during the year. The accounts have been prepared for the period from incorporation on 19 October 2021 to 31 January 2023. ## 1.2 Incoming resources ## **Recognition of incoming resources** These are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources; - the trustees believe it is probable that they will receive the resources; and - the monetary value can be measured with sufficient reliability. ## **Incoming resources with related expenditure** Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. ## **Investment income** Investment income comprises dividend and interest income from the company’s investments, accounted for on an accruals basis. ## **Grants and donations** Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. ## 1.3 Expenditure and liabilities ## **Raising funds** Expenditure incurred directly in the effort to generate funds which are then applied to the charity’s work. ## **Charitable activities** Expenditure incurred directly in the fulfilment of the charity’s objectives. ## 1.4 Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts. Page 9 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JANUARY 2023** ## Accounting Policies (continued) ## 1.5 Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## 1.6 Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount after allowing for any trade discounts due. ## 1.7 Going concern The Charity is reliant on continued support in the form of fundraising income and donations received. On the basis of this support and the ongoing activities of the Charity, the Trustees are of the opinion that the Charity's activities are able to continue for the foreseeable future, being twelve months from the date of approval of the financial statements, and therefore have prepared the financial statements on a going concern basis. ## 1.8 Fund accounting Restricted funds are to be used for specified purposes laid down by the donor. Expenditure for those purposes is charged to the fund, together with a fair allocation of overheads and support costs. Unrestricted funds are donations and other incoming resources received or generated for expenditure on the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. ## 1.9 Financial instruments The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and trade and other creditors. Page 10 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JANUARY 2023** ## 2 Analysis of incoming resources |**Donations and legacies**
Grants from foundations
**Incoming resources from investment**
Bank interest
Analysis of resources expended
**Raising funds**
Marketing
Management
**Charitable activities**
Development costs
Marketing costs
Management costs
Recruitment costs
Subscriptions costs
Travel costs
Accountancy costs
Bank Charges
**Total**|**Unrestricted**
**£**
**92,840**|**Restricted**
**£**
**11,700**|**19 October**
**2021 to**
**31 January**
**2023**
**£**
**104,540**
**104,540**
**38**
**38**
**19 October**
**2021 to**
**31 January**
**2023**
**£**
**143**
**1,152**
**1,295**
**3,227**
**15,006**
**22,798**
**1,500**
**886**
**778**
**3,250**
**6**
**47,451**
**48,746**| |---|---|---|---| ||**92,840**|**11,700**|| ||**38**|**-**|| ||**38**|**-**|| ||**Unrestricted**
**£**
**143**
**1,152**|**Restricted**
**£**
**-**
**-**|| ||**1,295**|**-**|| ||**450**
**14,483**
**14,398**
**1,500**
**886**
**778**
**3,250**
**6**|**2,777**
**523**
**8,400**
**-**
**-**
**-**
**-**
**-**|| ||**35,751**|**11,700**|| ||**37,046**|**11,700**|| ## 3 Analysis of resources expended Fees totalling £3,250 + VAT were incurred in relation to the independent examination and accounts preparation for the period ended 31 January 2023. Page 11 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 ## **THE JUMP** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JANUARY 2023** ## 4 Employees The average number of employees during the period was 0. No employees received emoluments exceeding £60,000 per annum. ## 5 Trustees’ remuneration During the year no trustees received remuneration. No trustee received any expenses. ## 6 Debtors **2023 £ Amounts falling due within one year** Prepayments and accrued income **16 16** ## 7 Creditors |**Amounts falling due within one year**
Accruals and deferred income|**2023**
**£**
**3,250**| |---|---| ||**3,250**| ## 8 Related party transactions During the year The Jump did not enter into any transactions with related parties. Page 12 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 9 ## **THE JUMP** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 JANUARY 2023** ## Reconciliation of funds |**Unrestricted funds**
General funds
**Restricted funds**
National Lottery
David Family Foundation|**Brought**
**forward**
**£**
-|**Incoming**
**resources**
**£**
92,878|**Resources**
**expended**
**£**
(37,046)|**Carried**
**forward**
**£**
55,832| |---|---|---|---|---| ||**-**
-
-|**92,878**
9,700
2,000|**(37,046)**
(9,700)
(2,000)|**55,832**
-
-| ||**-**|**104,578**|**(48,746)**|**55,832**| Income is recognised in line with the Charities SORP. Income received in excess of expenditure is carried forward in the reserves. Page 13 DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 The Jump CIO 61 Claremont Road Bristol BS7 8DW Grant Thornton UK LLP 300 Pavilion Drive Northampton Business Park Northampton NN4 7YE Dear Sirs ## The Jump accounts for the period ended 31 January 2023 This representation letter is provided in connection with the independent examination of the accounts of The Jump for the period ended 31 January 2023 for the purpose of making of an independent examiner’s report in accordance with Section 154 of the Charities Act 2011. We confirm that to the best of our knowledge and belief having made such inquiries as we considered necessary for the purpose of appropriately informing ourselves: ## Accounts - I. We have fulfilled our responsibilities, as set out in the terms of our engagement letter dated 7 March 2023, for the preparation of accounts in accordance with section 132 of the Charities Act 2011 and comply with the Statement of Recommended Practice for 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) (‘Charities SORP (FRS 102)’) effective 1 January 2019, in particular the accounts give a true and fair view in accordance therewith. - II. We acknowledge our responsibility for the design, implementation and maintenance of internal control to prevent and detect fraud. - III. The methods, the data and the significant assumptions used by us in making accounting estimates and their related disclosures are appropriate to achieve recognition, measurement or disclosure that is reasonable in the context of the applicable financial reporting framework. - IV. Related party relationships and transactions have been appropriately accounted for and disclosed in accordance with the requirements of the Charities SORP (FRS 102) and any subsequent amendments or variations to this statement. - V. All events subsequent to the date of the accounts and for which the Charities SORP (FRS 102) and any subsequent amendments or variations to this statement require adjustment or disclosure have been adjusted or disclosed. - VI. We can confirm that: - a. all income has been recorded; - b. constructive obligations for grants have been recognised; and - VII. The charity has complied with all aspects of contractual agreements that could have a material effect on the accounts in the event of non-compliance. There has been no non-compliance with requirements of regulatory authorities that could have a material effect on the accounts in the event of non-compliance. DocuSign Envelope ID: 6A870DB7-2146-494F-B8EB-CA0A4228D3D0 - VIII. We have no plans or intentions that may materially alter the carrying value or classification of assets and liabilities reflected in the accounts. - IX. Actual or possible litigation and claims have been accounted for and disclosed in accordance with the requirements of UK Generally Accepted Accounting Practice. - X. The charity meets the conditions for exemption from an audit of the accounts as set out in section 145 of the Charities Act 2011 and Part 16 of the Companies Act 2006. ## Information Provided - XI. We have provided you with: - a. access to all information of which we are aware that is relevant to the preparation of the accounts such as records, documentation and other matters; - b. additional information that you have requested from us for the purpose of your examination; and - c. unrestricted access to persons from whom you determine it necessary to obtain evidence. - XII. We have communicated to you all deficiencies in internal control of which we are aware. - XIII. We have disclosed to you the results of our assessment of the risk that the accounts may be materially misstated as a result of fraud. - XIV. All transactions have been recorded in the accounting records and are reflected in the accounts. - XV. We have disclosed to you our knowledge of fraud or suspected fraud affecting the charity involving: - a. management; - b. employees who have significant roles in internal control; or - c. others where the fraud could have a material effect on the accounts. - XVI. We have disclosed to you our knowledge of any allegations of fraud, or suspected fraud, affecting the charity’s accounts communicated by employees, former employees, analysts, regulators or others. - XVII. We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing accounts. - XVIII. We have disclosed to you the identity of the charity's related parties and all the related party relationships and transactions of which we are aware. - XIX. We have disclosed to you all known actual or possible litigation and claims whose effects should be considered when preparing the accounts. - XX. We confirm that we have reviewed all correspondence with regulators, which has also been made available to you, including the guidance 'How to report a serious incident in your charity' issued by the Charity Commission updated in June 2019. - XXI. We also confirm that no serious incident reports have been submitted to the Charity Commission, nor any events considered for submission, during the year or in the period to the date of signing of the balance sheet. Yours faithfully Name: Ben Hewitt Position: Trustee 3/11/2023 Date……………………………. Signed on behalf The Jump