The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 May 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 May 2025.
Reference and administrative details
Registered charity name The Janus Foundation Charity registration number 1197949 Company registration number 13422409 Principal office and registered 71 New Dover Road office Canterbury CT1 3DZ England The trustees Mrs K Bright (Appointed 5 December 2024) Mrs N Cowley Mrs K Crush (Appointed 5 December 2024) Dr A F Richardson Mr S J Weymouth Rev J Desrosiers (Resigned 17 March 2025) Independent examiner Matthew Jones ACA Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
The trustees
Structure, governance and management
a. Constitution
The Janus Foundation is registered as a charitable company limited by guarantee and was set up by a Trust deed.
b. Methods of appointment or election of Trustees
Trustees are appointed and retire in accordance with the requirements of the Articles of Association. In selecting new individuals for appointment as Charity Trustees, the Charity will have regard to skills, knowledge and experience needed for an effective administration of the Charity.
- 1 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Objectives and activities
a. Policies and objectives
The Foundation focuses its support around five themes: history and archaeology, the environment, arts and culture, local community and medical research The Foundation prioritises projects which are focused in a radius around Newenden In Kent but it is not restricted by geography. The charity also aims promote gender inclusivity through supporting the growth of women in the pursuit and achievement of their ambitions. The trustees in particular seek to support charities or projects in any or all of the following areas:
Local history and archaeology.
Support of academic research in history, archaeology and environmental related disciplines through the funding of PhDs, Masters and other research related projects.
Local community projects
Support for increasing understanding of the historic environment.
Supporting creative artists, musicians and writers and encouraging accessibility of art, music and theatre within local communities.
Habitats and species of conservation interests in the local landscape, including those associated with traditional farming practices.
Support for trialling alternative land management models which benefit the environment.
Supporting and encouraging projects and events that enhance physical, moral, spiritual and cultural lives with particular emphasis on young and disadvantaged people.
Providing educational activities relating to natural and cultural heritage.
Supporting the maintenance of historic buildings.
Increasing public understanding of and access to natural and cultural heritage and improving access to art and culture, as evidenced by the support of the Foundation for the wide-ranging activities undertaken by the Lossenham Project.
Providing support to the activities of clergy supporting the communities in their local parishes by the provision of grants to those parishes.
Preserving/promoting dying or scarce art forms and practices.
Supporting medical research projects with a local health or wellbeing focus, especially those which do not have access to support or funding through the usual vehicles.
During the year, the charity received a donation from the Hypatia Foundation, a charity with similar objectives and activities. The Hypatia Foundation closed during the year and the final funds of £31,638 were transferred to the Oxus Foundation to continue to support objectives and activities that the Hypatia Foundation had supported. The objectives of the Hypatia Foundation were to promote gender inclusivity through supporting the growth of women in the pursuit and achievement of their ambitions. The trustees in particular seek to support charities or projects in any or all of the following areas:
domestic abuse;
period poverty;
getting back into the workplace, for example smart works, offering clothing for interview, mentoring charities with heavy hitting connected influencers to join the dots for women with career aspirations, training funds;
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
- 2 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Achievements and performance
a. Main achievements of the Charity
An example of projects which the charity provided funding to throughout the year includes the following, which all fall within its objectives:
The Lossenham Project
This community research project investigates the archaeology, history and landscape of Lossenham. It also includes research on the parish of Newenden (of which Lossenham is part) and the surrounding fifteen parishes, in a study area that straddles the boundary between Kent and East Sussex.
The project involves partner organisations and individuals from the local and regional heritage sector and community, including the Carmelite Order. Volunteer participation, involving a wide range of age groups, drawn mainly from communities in Kent and Sussex, has been a key aspect of the project from its inception.
As part of the project, the Janus Foundation has also provided a grant and a loan facility to Isle Heritage CIC, a community interest company focused on archaeology and public heritage.
A grant to the East Kent Rape Crisis Centre
This funded a webchat facility and the "Breaking down the barriers project in Thanet". This project offers children and young people who have experienced sexual abuse the opportunity to access specialist counselling in a safe space at school. Out of term time the project runs from one of the East Kent Rape Crisis Centre's outreach sites or at a local community centre to ensure continuity of the therapy.
Lossenham Medieval Pottery Project and Rye Museum
A grant was awarded to artists Russell Burden and Philip Warren to undertake an experimental and creative project to produce medieval style pottery and other ceramic products (such as floor tiles) at Lossenham Farm. The project utilised clays found at the farm, and the products were fired in a handbuilt kiln at the farm. The project involved a number of volunteers and also provided its products for a temporary display on ceramics at Rye Museum.
Zooarchaeology
The Janus Foundation has continued to support zooarchaeological studies, reference collections and teaching in the UK, with grants to support post-graduate study and the cataloguing and enhancing of teaching collections at the Universities of Sheffield and York.
- 3 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Financial review
a. Going concern
The Trustees have prepared budgets for the upcoming year, and based on this the charity has adequate funds to continue to operate and meet grant payments as they have been agreed from 12 months of signing off on the accounts. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
The Foundation must present its case to the beneficiary for the continuance of funding on a periodic basis. The Trustees are planning to present its case in the upcoming months, and have a reasonable expectation that funding will be received to cover the grants payable and to allow the Charity to continue in operational existence for the foreseeable future.
b. Reserves policy
The Trustees aim to hold reserves to cover the costs of operating the Charity for 6 months. Given the grant making nature of the charity and as administrative costs are currently very low this has been met during the year, and as detailed above forecasts and budgets are prepared to ensure the Charity has sufficient funds to continue. The Trustees will continue to review the reserves policy in line with the charity's future aims.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Dr A F Richardson Trustee
- 4 -
COMPANY REGISTRATION NUMBER: 13422409 CHARITY REGISTRATION NUMBER: 1197949
The Janus Foundation
Company Limited by Guarantee Unaudited Financial Statements 31 May 2025
BURGESS HODGSON LIMITED
Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
The Janus Foundation
Company Limited by Guarantee
Financial Statements
Year ended 31 May 2025
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 |
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 May 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 May 2025.
Reference and administrative details
Registered charity name The Janus Foundation Charity registration number 1197949 Company registration number 13422409 Principal office and registered 71 New Dover Road office Canterbury CT1 3DZ England The trustees Mrs K Bright (Appointed 5 December 2024) Mrs N Cowley Mrs K Crush (Appointed 5 December 2024) Dr A F Richardson Mr S J Weymouth Rev J Desrosiers (Resigned 17 March 2025) Independent examiner Matthew Jones ACA Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
Structure, governance and management
a. Constitution
The Janus Foundation is registered as a charitable company limited by guarantee and was set up by a Trust deed.
b. Methods of appointment or election of Trustees
Trustees are appointed and retire in accordance with the requirements of the Articles of Association. In selecting new individuals for appointment as Charity Trustees, the Charity will have regard to skills, knowledge and experience needed for an effective administration of the Charity.
- 1 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Objectives and activities
a. Policies and objectives
The Foundation focuses its support around five themes: history and archaeology, the environment, arts and culture, local community and medical research The Foundation prioritises projects which are focused in a radius around Newenden In Kent but it is not restricted by geography. The charity also aims promote gender inclusivity through supporting the growth of women in the pursuit and achievement of their ambitions. The trustees in particular seek to support charities or projects in any or all of the following areas:
-
Local history and archaeology.
-
Support of academic research in history, archaeology and environmental related disciplines
-
through the funding of PhDs, Masters and other research related projects.
-
Local community projects
-
Support for increasing understanding of the historic environment.
-
Supporting creative artists, musicians and writers and encouraging accessibility of art, music and
-
theatre within local communities.
-
Habitats and species of conservation interests in the local landscape, including those associated
-
with traditional farming practices.
-
Support for trialling alternative land management models which benefit the environment.
-
Supporting and encouraging projects and events that enhance physical, moral, spiritual and
-
cultural lives with particular emphasis on young and disadvantaged people.
-
Providing educational activities relating to natural and cultural heritage.
-
Supporting the maintenance of historic buildings.
-
Increasing public understanding of and access to natural and cultural heritage and improving access to art and culture, as evidenced by the support of the Foundation for the wide-ranging activities undertaken by the Lossenham Project.
-
Providing support to the activities of clergy supporting the communities in their local parishes by
-
the provision of grants to those parishes.
-
Preserving/promoting dying or scarce art forms and practices.
-
Supporting medical research projects with a local health or wellbeing focus, especially those which
-
do not have access to support or funding through the usual vehicles.
During the year, the charity received a donation from the Hypatia Foundation, a charity with similar objectives and activities. The Hypatia Foundation closed during the year and the final funds of £31,638 were transferred to the Oxus Foundation to continue to support objectives and activities that the Hypatia Foundation had supported. The objectives of the Hypatia Foundation were to promote gender inclusivity through supporting the growth of women in the pursuit and achievement of their ambitions. The trustees in particular seek to support charities or projects in any or all of the following areas:
-
domestic abuse;
-
period poverty;
-
getting back into the workplace, for example smart works, offering clothing for interview, mentoring
-
charities with heavy hitting connected influencers to join the dots for women with career aspirations, training funds;
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
- 2 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Achievements and performance
a. Main achievements of the Charity
An example of projects which the charity provided funding to throughout the year includes the following, which all fall within its objectives:
The Lossenham Project
This community research project investigates the archaeology, history and landscape of Lossenham. It also includes research on the parish of Newenden (of which Lossenham is part) and the surrounding fifteen parishes, in a study area that straddles the boundary between Kent and East Sussex.
The project involves partner organisations and individuals from the local and regional heritage sector and community, including the Carmelite Order. Volunteer participation, involving a wide range of age groups, drawn mainly from communities in Kent and Sussex, has been a key aspect of the project from its inception.
As part of the project, the Janus Foundation has also provided a grant and a loan facility to Isle Heritage CIC, a community interest company focused on archaeology and public heritage.
A grant to the East Kent Rape Crisis Centre
This funded a webchat facility and the "Breaking down the barriers project in Thanet". This project offers children and young people who have experienced sexual abuse the opportunity to access specialist counselling in a safe space at school. Out of term time the project runs from one of the East Kent Rape Crisis Centre's outreach sites or at a local community centre to ensure continuity of the therapy.
Lossenham Medieval Pottery Project and Rye Museum
A grant was awarded to artists Russell Burden and Philip Warren to undertake an experimental and creative project to produce medieval style pottery and other ceramic products (such as floor tiles) at Lossenham Farm. The project utilised clays found at the farm, and the products were fired in a hand-built kiln at the farm. The project involved a number of volunteers and also provided its products for a temporary display on ceramics at Rye Museum.
Zooarchaeology
The Janus Foundation has continued to support zooarchaeological studies, reference collections and teaching in the UK, with grants to support post-graduate study and the cataloguing and enhancing of teaching collections at the Universities of Sheffield and York.
- 3 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Financial review
a. Going concern
The Trustees have prepared budgets for the upcoming year, and based on this the charity has adequate funds to continue to operate and meet grant payments as they have been agreed from 12 months of signing off on the accounts. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
The Foundation must present its case to the beneficiary for the continuance of funding on a periodic basis. The Trustees are planning to present its case in the upcoming months, and have a reasonable expectation that funding will be received to cover the grants payable and to allow the Charity to continue in operational existence for the foreseeable future.
b. Reserves policy
The Trustees aim to hold reserves to cover the costs of operating the Charity for 6 months. Given the grant making nature of the charity and as administrative costs are currently very low this has been met during the year, and as detailed above forecasts and budgets are prepared to ensure the Charity has sufficient funds to continue. The Trustees will continue to review the reserves policy in line with the charity's future aims.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Dr A F Richardson Trustee
- 4 -
The Janus Foundation
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Janus Foundation
Year ended 31 May 2025
I report to the trustees on my examination of the financial statements of The Janus Foundation ('the charity') for the year ended 31 May 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matthew Jones ACA Independent Examiner
Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
- 5 -
The Janus Foundation
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 May 2025
| 2025 | 2025 | 2024 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 61,638 | 61,638 | 181,818 |
| Investment income | 6 | 882 | 882 | 2,251 |
| Other income | 7 | 63,920 | 63,920 | 172,750 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 126,440 | 126,440 | 356,819 | |
| ================================ | ================================ | ================================ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 8,9 | 129,232 | 129,232 | 156,838 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 129,232 | 129,232 | 156,838 | |
| ================================ | ================================ | ================================ | ||
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net (expenditure)/income and net movement in funds | (2,792) | (2,792) | 199,981 | |
| ================================ | ================================ | ================================ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 51,069 | 51,069 | (148,912) | |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 48,277 | 48,277 | 51,069 | |
| ================================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.
- 6 -
The Janus Foundation
Company Limited by Guarantee
Statement of Financial Position
31 May 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 15 | – | 47,953 |
| Cash at bank and in hand | 49,945 | 147,054 | |
| ---------------------------- | -------------------------------- | ||
| 49,945 | 195,007 | ||
| Creditors: amounts falling due within one year | 16 | 1,668 | 143,938 |
| ---------------------------- | -------------------------------- | ||
| Net current assets | 48,277 | 51,069 | |
| ---------------------------- | ---------------------------- | ||
| Total assets less current liabilities | 48,277 | 51,069 | |
| ---------------------------- | ---------------------------- | ||
| Net assets | 48,277 | 51,069 | |
| ============================ | ============================ | ||
| Funds of the charity | |||
| Unrestricted funds | 48,277 | 51,069 | |
| ---------------------------- | ---------------------------- | ||
| Total charity funds | 17 | 48,277 | 51,069 |
| ============================ | ============================ |
For the year ending 31 May 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
Dr A F Richardson Trustee
The notes on pages 8 to 14 form part of these financial statements.
- 7 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 May 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 71 New Dover Road, Canterbury, CT1 3DZ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The Trustees have prepared a budget and this forecasts that running costs and grants will continue to be met for at least the twelve month period from the authorisation of these accounts. As a result, the Trustees have concluded that the Charity expects to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
- 8 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
- 9 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
3. Accounting policies (continued)
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Loans and borrowings are initially recognised at transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Limited by guarantee
The company is a company limited by guarantee. The members of the company are the Trustees named on Page 1. In the event of the company being wound up, the liability in respect of the guarantee is £10 per member of the company.
5. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Grants | ||||
| Grants receivable | 61,638 | 61,638 | 181,818 | 181,818 |
| ============================ | ============================ | ================================ | ================================ |
6. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Bank interest receivable | – | – | 1,119 | 1,119 |
| Other interest receivable | 882 | 882 | 1,132 | 1,132 |
| -------------- | -------------- | ----------------------- | ----------------------- | |
| 882 | 882 | 2,251 | 2,251 | |
| ============== | ============== | ======================= | ======================= | |
| Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Grants returned | 63,920 | 63,920 | 172,750 | 172,750 |
| ============================ | ============================ | ================================ | ================================ |
7. Other income
- 10 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
7. Other income (continued)
Included within the 'Grants returned' line are amounts of £63,920 (2024: £172,750) which had previously been recognised as Grant funding expenditure and within the committed grants creditor. On review of these amounts in the current year, it was noted that these committed grants were still subject to Trustee review of annual feedback reports on the usage of the grant, and in some cases following correspondence with the grantee projects were discontinued. The Grants returned reflect the reversal of the previously stated committed grant expenditure where projects were cancelled in the year.
8. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Grant funding | 127,007 | 127,007 | 154,603 | 154,603 |
| Support costs | 2,225 | 2,225 | 2,235 | 2,235 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 129,232 | 129,232 | 156,838 | 156,838 | |
| ================================ | ================================ | ================================ | ================================ |
9. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Grant funding | 127,007 | 35 | 127,042 | 154,638 |
| Governance costs | – | 2,190 | 2,190 | 2,200 |
| -------------------------------- | ----------------------- | -------------------------------- | -------------------------------- | |
| 127,007 | 2,225 | 129,232 | 156,838 | |
| ================================ | ======================= | ================================ | ================================ |
10. Analysis of support costs
| Analysis of | |||
|---|---|---|---|
| support costs | |||
| - grant | |||
| funding | Total 2025 | Total 2024 | |
| £ | £ | £ | |
| General office | 35 | 35 | 35 |
| Governance costs | 2,190 | 2,190 | 2,200 |
| ----------------------- | ----------------------- | ----------------------- | |
| 2,225 | 2,225 | 2,235 | |
| ======================= | ======================= | ======================= |
- 11 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
11. Analysis of grants
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Grants to institutions | |||
| Anglo-Saxon Lyminge | – | 12,000 | |
| Chevening Parochial Donation | 6,000 | 6,000 | |
| Community open space project | – | 1,200 | |
| Dumas | – | 11,050 | |
| East Kent Rape Crisis | 33,090 | – | |
| Free Range | 10,000 | – | |
| Homeless | 5,431 | 3,000 | |
| Kent Beekeepers Association | 3,200 | – | |
| Lossenham Stories | 15,810 | 18,871 | |
| Maeve Moorcroft | – | 20,000 | |
| Other grants | 6,188 | 17,190 | |
| Pottery project | – | 18,891 | |
| Rye Museum | 12,684 | – | |
| Tenterden Wildlife | – | 6,118 | |
| Tom Kane | – | 16,500 | |
| University of Sheffield | 25,000 | – | |
| University of York Archaeology | 2,500 | 2,500 | |
| Violet pictures funding | 5,700 | 10,500 | |
| Visiting Artist | – | 6,000 | |
| Voice lessons | – | 4,000 | |
| -------------------------------- | -------------------------------- | ||
| 125,603 | 153,820 | ||
| -------------------------------- | -------------------------------- | ||
| Total grants | 125,603 | 153,820 | |
| ================================ | ================================ | ||
| 12. | Independent examination fees | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fees payable to the independent examiner for: | |||
| Independent examination of the financial statements | 2,190 | 2,200 | |
| ======================= | ======================= |
13. Staff costs
The average head count of employees during the year was 5 (2024: 6). The average number of full-time equivalent employees during the year is analysed as follows: 2025 2024 No. No. Trustees 5 6 ============== ==============
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
- 12 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
14. Trustee remuneration and expenses
During the year, no Trustees received any remuneration or other benefits.
During the year, expenses totalling £nil (2024: £nil) were paid directly on behalf of 1 Trustee. The expenses related to travel and subsistence costs required for attendance at meetings and other charitable events.
15. Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Other debtors | – | 47,953 | |
| ============== | ============================ | ||
| 16. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 1,668 | 3,768 | |
| Other creditors | – | 140,170 | |
| ----------------------- | -------------------------------- | ||
| 1,668 | 143,938 | ||
| ======================= | ================================ |
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 | June 2024 | Income | Expenditure | 31 May 2025 | |
| £ | £ | £ | £ | ||
| General funds | 51,069 | 126,440 | (129,232) | 48,277 | |
| ============================ | ================================ | ================================ | ============================ | ||
| At | At | ||||
| 1 | June 2023 | Income | Expenditure | 31 May 2024 | |
| £ | £ | £ | £ | ||
| General funds | (148,912) | 356,819 | (156,838) | 51,069 | |
| ================================ | ================================ | ================================ | ============================ |
- 13 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
18. Analysis of net assets between funds
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2025 | |
| £ | £ | |
| Current assets | 49,945 | 49,945 |
| Creditors less than 1 year | (1,668) | (1,668) |
| ---------------------------- | ---------------------------- | |
| Net assets | 48,277 | 48,277 |
| ============================ | ============================ | |
| Unrestricted | Total Funds | |
| Funds | 2024 | |
| £ | £ | |
| Current assets | 195,007 | 195,007 |
| Creditors less than 1 year | (143,938) | (143,938) |
| Creditors greater than 1 year | – | – |
| -------------------------------- | -------------------------------- | |
| Net assets | 51,069 | 51,069 |
| ================================ | ================================ |
19. Related parties
At the balance sheet date, the Charity was owed £nil (2024: £47,953) from Isle Heritage CIC, there is a common director between the Charity and CIC. Repayments of £48,367 (2024: £19,500) were made during the period. The loan is interest bearing at 2% per annum, interest of £414 (2024: £1,132) was charged during the period.
There were no other related party transactions during the year.
- 14 -
COMPANY REGISTRATION NUMBER: 13422409 CHARITY REGISTRATION NUMBER: 1197949
The Janus Foundation
Company Limited by Guarantee Unaudited Financial Statements 31 May 2025
BURGESS HODGSON LIMITED
Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
The Janus Foundation
Company Limited by Guarantee
Financial Statements
Year ended 31 May 2025
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 |
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 May 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 May 2025.
Reference and administrative details
Registered charity name The Janus Foundation Charity registration number 1197949 Company registration number 13422409 Principal office and registered 71 New Dover Road office Canterbury CT1 3DZ England The trustees Mrs K Bright (Appointed 5 December 2024) Mrs N Cowley Mrs K Crush (Appointed 5 December 2024) Dr A F Richardson Mr S J Weymouth Rev J Desrosiers (Resigned 17 March 2025) Independent examiner Matthew Jones ACA Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
Structure, governance and management
a. Constitution
The Janus Foundation is registered as a charitable company limited by guarantee and was set up by a Trust deed.
b. Methods of appointment or election of Trustees
Trustees are appointed and retire in accordance with the requirements of the Articles of Association. In selecting new individuals for appointment as Charity Trustees, the Charity will have regard to skills, knowledge and experience needed for an effective administration of the Charity.
- 1 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Objectives and activities
a. Policies and objectives
The Foundation focuses its support around five themes: history and archaeology, the environment, arts and culture, local community and medical research The Foundation prioritises projects which are focused in a radius around Newenden In Kent but it is not restricted by geography. The charity also aims promote gender inclusivity through supporting the growth of women in the pursuit and achievement of their ambitions. The trustees in particular seek to support charities or projects in any or all of the following areas:
-
Local history and archaeology.
-
Support of academic research in history, archaeology and environmental related disciplines
-
through the funding of PhDs, Masters and other research related projects.
-
Local community projects
-
Support for increasing understanding of the historic environment.
-
Supporting creative artists, musicians and writers and encouraging accessibility of art, music and
-
theatre within local communities.
-
Habitats and species of conservation interests in the local landscape, including those associated
-
with traditional farming practices.
-
Support for trialling alternative land management models which benefit the environment.
-
Supporting and encouraging projects and events that enhance physical, moral, spiritual and
-
cultural lives with particular emphasis on young and disadvantaged people.
-
Providing educational activities relating to natural and cultural heritage.
-
Supporting the maintenance of historic buildings.
-
Increasing public understanding of and access to natural and cultural heritage and improving access to art and culture, as evidenced by the support of the Foundation for the wide-ranging activities undertaken by the Lossenham Project.
-
Providing support to the activities of clergy supporting the communities in their local parishes by
-
the provision of grants to those parishes.
-
Preserving/promoting dying or scarce art forms and practices.
-
Supporting medical research projects with a local health or wellbeing focus, especially those which
-
do not have access to support or funding through the usual vehicles.
During the year, the charity received a donation from the Hypatia Foundation, a charity with similar objectives and activities. The Hypatia Foundation closed during the year and the final funds of £31,638 were transferred to the Oxus Foundation to continue to support objectives and activities that the Hypatia Foundation had supported. The objectives of the Hypatia Foundation were to promote gender inclusivity through supporting the growth of women in the pursuit and achievement of their ambitions. The trustees in particular seek to support charities or projects in any or all of the following areas:
-
domestic abuse;
-
period poverty;
-
getting back into the workplace, for example smart works, offering clothing for interview, mentoring
-
charities with heavy hitting connected influencers to join the dots for women with career aspirations, training funds;
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
- 2 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Achievements and performance
a. Main achievements of the Charity
An example of projects which the charity provided funding to throughout the year includes the following, which all fall within its objectives:
The Lossenham Project
This community research project investigates the archaeology, history and landscape of Lossenham. It also includes research on the parish of Newenden (of which Lossenham is part) and the surrounding fifteen parishes, in a study area that straddles the boundary between Kent and East Sussex.
The project involves partner organisations and individuals from the local and regional heritage sector and community, including the Carmelite Order. Volunteer participation, involving a wide range of age groups, drawn mainly from communities in Kent and Sussex, has been a key aspect of the project from its inception.
As part of the project, the Janus Foundation has also provided a grant and a loan facility to Isle Heritage CIC, a community interest company focused on archaeology and public heritage.
A grant to the East Kent Rape Crisis Centre
This funded a webchat facility and the "Breaking down the barriers project in Thanet". This project offers children and young people who have experienced sexual abuse the opportunity to access specialist counselling in a safe space at school. Out of term time the project runs from one of the East Kent Rape Crisis Centre's outreach sites or at a local community centre to ensure continuity of the therapy.
Lossenham Medieval Pottery Project and Rye Museum
A grant was awarded to artists Russell Burden and Philip Warren to undertake an experimental and creative project to produce medieval style pottery and other ceramic products (such as floor tiles) at Lossenham Farm. The project utilised clays found at the farm, and the products were fired in a hand-built kiln at the farm. The project involved a number of volunteers and also provided its products for a temporary display on ceramics at Rye Museum.
Zooarchaeology
The Janus Foundation has continued to support zooarchaeological studies, reference collections and teaching in the UK, with grants to support post-graduate study and the cataloguing and enhancing of teaching collections at the Universities of Sheffield and York.
- 3 -
The Janus Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 May 2025
Financial review
a. Going concern
The Trustees have prepared budgets for the upcoming year, and based on this the charity has adequate funds to continue to operate and meet grant payments as they have been agreed from 12 months of signing off on the accounts. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
The Foundation must present its case to the beneficiary for the continuance of funding on a periodic basis. The Trustees are planning to present its case in the upcoming months, and have a reasonable expectation that funding will be received to cover the grants payable and to allow the Charity to continue in operational existence for the foreseeable future.
b. Reserves policy
The Trustees aim to hold reserves to cover the costs of operating the Charity for 6 months. Given the grant making nature of the charity and as administrative costs are currently very low this has been met during the year, and as detailed above forecasts and budgets are prepared to ensure the Charity has sufficient funds to continue. The Trustees will continue to review the reserves policy in line with the charity's future aims.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
Dr A F Richardson Trustee
- 4 -
The Janus Foundation
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Janus Foundation
Year ended 31 May 2025
I report to the trustees on my examination of the financial statements of The Janus Foundation ('the charity') for the year ended 31 May 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matthew Jones ACA Independent Examiner
Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN
- 5 -
The Janus Foundation
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 May 2025
| 2025 | 2025 | 2024 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 61,638 | 61,638 | 181,818 |
| Investment income | 6 | 882 | 882 | 2,251 |
| Other income | 7 | 63,920 | 63,920 | 172,750 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 126,440 | 126,440 | 356,819 | |
| ================================ | ================================ | ================================ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 8,9 | 129,232 | 129,232 | 156,838 |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 129,232 | 129,232 | 156,838 | |
| ================================ | ================================ | ================================ | ||
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net (expenditure)/income and net movement in funds | (2,792) | (2,792) | 199,981 | |
| ================================ | ================================ | ================================ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 51,069 | 51,069 | (148,912) | |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 48,277 | 48,277 | 51,069 | |
| ================================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.
- 6 -
The Janus Foundation
Company Limited by Guarantee
Statement of Financial Position
31 May 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 15 | – | 47,953 |
| Cash at bank and in hand | 49,945 | 147,054 | |
| ---------------------------- | -------------------------------- | ||
| 49,945 | 195,007 | ||
| Creditors: amounts falling due within one year | 16 | 1,668 | 143,938 |
| ---------------------------- | -------------------------------- | ||
| Net current assets | 48,277 | 51,069 | |
| ---------------------------- | ---------------------------- | ||
| Total assets less current liabilities | 48,277 | 51,069 | |
| ---------------------------- | ---------------------------- | ||
| Net assets | 48,277 | 51,069 | |
| ============================ | ============================ | ||
| Funds of the charity | |||
| Unrestricted funds | 48,277 | 51,069 | |
| ---------------------------- | ---------------------------- | ||
| Total charity funds | 17 | 48,277 | 51,069 |
| ============================ | ============================ |
For the year ending 31 May 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
Dr A F Richardson Trustee
The notes on pages 8 to 14 form part of these financial statements.
- 7 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 May 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 71 New Dover Road, Canterbury, CT1 3DZ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The Trustees have prepared a budget and this forecasts that running costs and grants will continue to be met for at least the twelve month period from the authorisation of these accounts. As a result, the Trustees have concluded that the Charity expects to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
- 8 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
- 9 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
3. Accounting policies (continued)
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Loans and borrowings are initially recognised at transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Limited by guarantee
The company is a company limited by guarantee. The members of the company are the Trustees named on Page 1. In the event of the company being wound up, the liability in respect of the guarantee is £10 per member of the company.
5. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Grants | ||||
| Grants receivable | 61,638 | 61,638 | 181,818 | 181,818 |
| ============================ | ============================ | ================================ | ================================ |
6. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Bank interest receivable | – | – | 1,119 | 1,119 |
| Other interest receivable | 882 | 882 | 1,132 | 1,132 |
| -------------- | -------------- | ----------------------- | ----------------------- | |
| 882 | 882 | 2,251 | 2,251 | |
| ============== | ============== | ======================= | ======================= | |
| Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Grants returned | 63,920 | 63,920 | 172,750 | 172,750 |
| ============================ | ============================ | ================================ | ================================ |
7. Other income
- 10 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
7. Other income (continued)
Included within the 'Grants returned' line are amounts of £63,920 (2024: £172,750) which had previously been recognised as Grant funding expenditure and within the committed grants creditor. On review of these amounts in the current year, it was noted that these committed grants were still subject to Trustee review of annual feedback reports on the usage of the grant, and in some cases following correspondence with the grantee projects were discontinued. The Grants returned reflect the reversal of the previously stated committed grant expenditure where projects were cancelled in the year.
8. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Grant funding | 127,007 | 127,007 | 154,603 | 154,603 |
| Support costs | 2,225 | 2,225 | 2,235 | 2,235 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 129,232 | 129,232 | 156,838 | 156,838 | |
| ================================ | ================================ | ================================ | ================================ |
9. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Grant funding | 127,007 | 35 | 127,042 | 154,638 |
| Governance costs | – | 2,190 | 2,190 | 2,200 |
| -------------------------------- | ----------------------- | -------------------------------- | -------------------------------- | |
| 127,007 | 2,225 | 129,232 | 156,838 | |
| ================================ | ======================= | ================================ | ================================ |
10. Analysis of support costs
| Analysis of | |||
|---|---|---|---|
| support costs | |||
| - grant | |||
| funding | Total 2025 | Total 2024 | |
| £ | £ | £ | |
| General office | 35 | 35 | 35 |
| Governance costs | 2,190 | 2,190 | 2,200 |
| ----------------------- | ----------------------- | ----------------------- | |
| 2,225 | 2,225 | 2,235 | |
| ======================= | ======================= | ======================= |
- 11 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
11. Analysis of grants
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Grants to institutions | |||
| Anglo-Saxon Lyminge | – | 12,000 | |
| Chevening Parochial Donation | 6,000 | 6,000 | |
| Community open space project | – | 1,200 | |
| Dumas | – | 11,050 | |
| East Kent Rape Crisis | 33,090 | – | |
| Free Range | 10,000 | – | |
| Homeless | 5,431 | 3,000 | |
| Kent Beekeepers Association | 3,200 | – | |
| Lossenham Stories | 15,810 | 18,871 | |
| Maeve Moorcroft | – | 20,000 | |
| Other grants | 6,188 | 17,190 | |
| Pottery project | – | 18,891 | |
| Rye Museum | 12,684 | – | |
| Tenterden Wildlife | – | 6,118 | |
| Tom Kane | – | 16,500 | |
| University of Sheffield | 25,000 | – | |
| University of York Archaeology | 2,500 | 2,500 | |
| Violet pictures funding | 5,700 | 10,500 | |
| Visiting Artist | – | 6,000 | |
| Voice lessons | – | 4,000 | |
| -------------------------------- | -------------------------------- | ||
| 125,603 | 153,820 | ||
| -------------------------------- | -------------------------------- | ||
| Total grants | 125,603 | 153,820 | |
| ================================ | ================================ | ||
| 12. | Independent examination fees | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fees payable to the independent examiner for: | |||
| Independent examination of the financial statements | 2,190 | 2,200 | |
| ======================= | ======================= |
13. Staff costs
The average head count of employees during the year was 5 (2024: 6). The average number of full-time equivalent employees during the year is analysed as follows: 2025 2024 No. No. Trustees 5 6 ============== ==============
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
- 12 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
14. Trustee remuneration and expenses
During the year, no Trustees received any remuneration or other benefits.
During the year, expenses totalling £nil (2024: £nil) were paid directly on behalf of 1 Trustee. The expenses related to travel and subsistence costs required for attendance at meetings and other charitable events.
15. Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Other debtors | – | 47,953 | |
| ============== | ============================ | ||
| 16. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 1,668 | 3,768 | |
| Other creditors | – | 140,170 | |
| ----------------------- | -------------------------------- | ||
| 1,668 | 143,938 | ||
| ======================= | ================================ |
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 | June 2024 | Income | Expenditure | 31 May 2025 | |
| £ | £ | £ | £ | ||
| General funds | 51,069 | 126,440 | (129,232) | 48,277 | |
| ============================ | ================================ | ================================ | ============================ | ||
| At | At | ||||
| 1 | June 2023 | Income | Expenditure | 31 May 2024 | |
| £ | £ | £ | £ | ||
| General funds | (148,912) | 356,819 | (156,838) | 51,069 | |
| ================================ | ================================ | ================================ | ============================ |
- 13 -
The Janus Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 May 2025
18. Analysis of net assets between funds
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2025 | |
| £ | £ | |
| Current assets | 49,945 | 49,945 |
| Creditors less than 1 year | (1,668) | (1,668) |
| ---------------------------- | ---------------------------- | |
| Net assets | 48,277 | 48,277 |
| ============================ | ============================ | |
| Unrestricted | Total Funds | |
| Funds | 2024 | |
| £ | £ | |
| Current assets | 195,007 | 195,007 |
| Creditors less than 1 year | (143,938) | (143,938) |
| Creditors greater than 1 year | – | – |
| -------------------------------- | -------------------------------- | |
| Net assets | 51,069 | 51,069 |
| ================================ | ================================ |
19. Related parties
At the balance sheet date, the Charity was owed £nil (2024: £47,953) from Isle Heritage CIC, there is a common director between the Charity and CIC. Repayments of £48,367 (2024: £19,500) were made during the period. The loan is interest bearing at 2% per annum, interest of £414 (2024: £1,132) was charged during the period.
There were no other related party transactions during the year.
- 14 -