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2024-12-31-accounts

Charity registration number 1198260 (England and Wales)

JL12

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

JL12

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees J M Dixon
G Beasley
S Bakare
Charity number 1198260
Principal address 431 Luton Road
Harpenden
AL5 3QE
Independent examiner Philip Glyn-Smith BA FCA
Unit F
Whiteacres
Cambridge Road
Whetstone
Leicestershire
LE8 6ZG
Bankers Metro Bank
Solicitors Gunnercooke LLP

JL12

CONTENTS

Page
Trustees' report 1 - 9
Statement of Trustees' responsibilities 10
Independent examiner's report 11
Statement of financial activities 12
Balance sheet 13
Notes to the financial statements 14 - 18

JL12

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their annual report and financial statements for the year ended 31 December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "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).

In reviewing the reporting year and considering objectives the Trustees have had regard to the Charity Commission guidance on public benefit and the duty under and of the Charities Act 2011 and received a full induction and Trustee training during the set-up phase of JL12 (Trustee Training by Michele Price – Partner at Gunnercooke)

JL12 OBJECTIVES

Charitable Objectives of the CIO as set out in our constitution are:

“For the public benefit to advance in life and relieve needs of young people (the beneficiaries) through the provision of grants and funding:

The charity makes small, targeted grants in line with these objects and our grant giving criteria.

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Achievements and Performance

  1. Trustees completed several training courses that focused on issues affecting children and their welfare

  2. Connected with more community organisation’s in Luton, London, and Belfast

  3. Improved the application form following feedback from the first round

  4. Awarded 9 community grants across the 3 priority areas

  5. Welcomed one new ambassador to the JL12 team

  6. Added new content, including imagery for the social media platform to increase awareness of JL12

  7. Produced a second short video demonstrating the impact of receiving funding

Professional Engagements and Outreach

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

DIRECTOR OF OPERATIONS REPORT

The following report covers the period from 1st January 2024 - 31st of December 2024.

This report aims to demonstrate the progress made during the second year in operation. During this period JL12 developed and implemented a strategy for growth and awarded its first round of funding, building on the positive start made in year one.

Connecting with community organisation’s:

JL12’s aim is to support organisations that help young people manage challenges and overcome adversity to reach their full potential. During this period, we continued to connect with more community organisations to build trusted collaborative relationships to address issues impacting children and young people facing disadvantage.

Numerous networking engagements took place including attending events and meetings as well as visiting organisations across the 3 priority areas in London, Luton and Greater Belfast.

During 2024 JL12 provided funding to 9 organisations who delivered a range of services directly impacting on 270 disadvantaged children and young people across the 3 target areas, Luton, London and Greater Belfast.

As a secondary outcome, there was a further 600 children and young people engaged in project work that contributed to the delivery on the funded projects which contributed to community cohesion.

2024 Funding generated multiple positive impacts

  1. Increased Access to Extracurricular Activities : By funding sporting, educational, and cultural programs children from disadvantaged backgrounds have been able to participate in activities they may not otherwise afford, broadening their horizons and promoting personal growth.

  2. Enhanced Well-being and Mental Health: Many of the funded programs included mentoring, counselling and emotional support services for the children and young people to help them with issues such as anxiety, depression, and trauma, fostering resilience and improving their emotional well-being.

  3. Improved Academic Outcomes: The funding enabled organisations to offer new or more educational initiatives, including tutoring, mentoring and after-school programs directly contributing to improved performance within education and increasing life chances for future success.

  4. Social Inclusion and Community Engagement: All the funded programs encouraged social interaction and teamwork. By helping children and young people build stronger relationships with peers and mentors reducing isolation and increasing the sense of belonging, crucial for mental health and social development.

  5. Long-term Skill Development: The funding has supported skill-building in areas such as music, arts, and sports helping children develop talents that can lead to long-term career opportunities. Being able to access these opportunities instils discipline, teamwork, and confidence, contributing to personal and professional growth.

  6. Support for Marginalized Communities: Funding has supported children and young people from marginalized groups, ensuring that those most at risk of exclusion in society have been provided opportunities for personal development and success.

  7. 3 -

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Quotes:

“We extend our heartfelt gratitude to you for funding this project, your generous support made the Culturally Sensitive Welcome Pack Project possible. We would like to thank you on behalf of the young people whose lives have been touched. We thank you for seeing our vision and supporting us to make this dream a reality. Together, we are raising aspirations and building a stronger, more united community”

Mary Seacole Housing Association – LUTON

“We at Tokko would like to thank Boxing Saves Lives and JL12 for the valuable contribution they have brought to supporting young women and girls within our service and for the hard work, dedication and passion for supporting positive outcomes for young people” Tokko Youth Space – LUTON

“Child X who has SEN in year 10 (EHCP), this child has Downs Syndrome and started judo in September; thanks to the funding we were able to purchase his suit and first grading, he then went on to compete in his first competition this weekend earning himself 2 bronze medals fighting in two categories. He had 9 fights in one day and was backed by the entire club.”

All Saints Catholic School Dagham LONDON

Child in year 11 (Looked After Child and SEN) who while completing his GCSEs has graded to yellow belt, competed in the London Youth Games and has also become a qualified official in the sport, allowing him now to be invited to volunteer and work at larger events, he officiated at the London Youth Games and will go on to support the running of other events across London and Britain in the future. All Saints Catholic School Dagham LONDON

“Thank you for providing funding to support our work: Building an Inclusive Society by bridging cultural gaps and promoting diversity. This initiative is aligned with research highlighting the positive effects of cultural exchange programs on mental health, well-being, and community cohesion” I AM IRISH LONDON

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Summary of Grants awarded:

1. BOXING SAVES LIVES – LUTON: Trauma-informed organisation Using the sport of boxing to improve the physical and mental health of young people.

2. ALL SAINTS CATHOLIC SCHOOL - DAGENHAM GREATER LONDON: Breaking Barriers in Judo in collaboration with All Saints Judo Academy and British Judo Breaking Barriers Project, empowers young athletes from Deprived Communities to have equal access to training and competition.

3. I AM IRISH – LONDON: Provision of cultural trips to harness a sense of belonging and identity for young people of Mixed Irish heritage, aligning with research that highlights the positive effects of fostering a connection to one's heritage on mental health and well-being. (children from low economic backgrounds were supported by the funding)

4. LUTON IRISH FORUM – LUTON: Interact Youth Group, a flagship project at LIF where young people from diverse and minority backgrounds attend youth sessions to develop leadership skills enabling them to deliver Social Action Projects. JL12 funding supported 13 young people from of the Interact group to go to Scotland to take part in personal development programme.

5. MARY SEACOLE – LUTON: Cultural Harmony Welcome Packs Cultural Welcome Packages for migrant children, including separated migrant Children (UASC) newly arriving in Luton. These children are experiencing extreme hardship with no secure housing, living in poverty and are marginalised from society.

6. SPORTING INSPIRATIONS – LUTON: Sporting Inspirations focus on engaging Young People from disadvantaged backgrounds to support them and transform lives by improving social, physical and emotional well-being through basketball. Sessions are more than providing sport, the coaches and mentors are role models who use their lived experiences to address issues impacting on YP with a focus on understanding the impact of making positive life choices.

7. ST TERESA’S YOUTH CLUB – BELFAST: The only full-time voluntary youth provider serving Greater Andersonstown. The Glen Road and Andersonstown wards are areas of multiple deprivation ranked in the top 8% most deprived electoral wards within Northern Ireland. The choices not consequences project delivers fitness, sporting, educational sessions and alternative therapies to address mental health and trauma and the importance of making positive choices versus consequences of negative choices.

8. WEST WELLBEING – BELFAST: West Wellbeing mental health charity offers a safe space for people in need of help, providing counselling services for those experiencing mental distress with the aim to reduce the number of suicides in West Belfast. The area has one of the highest rates of death by suicide across Europe.

9. YOUTH UNITY – LONDON: Thamesmead located in the London Borough of Bexley and the Royal Borough of Greenwich. Youth Unity CIC provides mentoring, workshops and training for young people, professionals, parents / carers to support vulnerable young people affected by gang violence drugs and other forms of exploitation such as human trafficking, CSE and extremism. Funding bursary was needed to distribute to young people who needed support to purchase equipment, kit, travel and food.

CASE STUDIES

ALL SAINTS CATHOLIC SCHOOL - DAGENHAM GREATER LONDON

Thanks to the funding we have been able to take a team of 6 players to their first ever Adaptive and VI (Visually impaired) judo competitions. These players started judo supported by the funding JL12 provided they were equipped with their judo suits and licenses (and first gradings for some).

The team competed in UEL (University of East London) were a mix of EHCP, SEN, PP, FSM students who were able to enter an event against other players from other judo clubs in London and surrounding areas. 6 members participated and 7 medals were won. Two in the VI category and 5 in the Adaptive section.

We have been working closely with the SEN department to grow the class. We now have 25 students consistently involved in our Thursday afterschool adaptive session, 50+ students on our mainstream afterschool club.

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

YOUTH UNITY Thamesmead —gang exit work With Wayne Hill

Funding used to provide bursaries for 20 young people

Thamesmead, located in Southeast London, is an area that grapples with significant socio-economic challenges. High levels of deprivation, unemployment, and crime have created a tough environment for many of its residents, particularly the young people who are often exposed to negative influences. The limited access to quality housing and essential services further exacerbates these issues, contributing to a cycle of poverty and limited opportunities for upward mobility.

Youth Unity, through the dedicated efforts of our gang exit worker Wayne, is committed to making a difference in Thamesmead. Wayne focuses on young people involved in the criminal justice system, using sport as a powerful tool for rehabilitation and personal growth. By engaging these individuals in positive and structured activities, he helps them find a sense of purpose and direction.

The funding from JL12 funding was for bursaries providing children and young people with the specific items that would be most impactful for them such as clothing, sports kit, travel, mentoring and activities.

An example of this was the provision of six-month gym memberships for three young people, who regularly use the facilities under Wayne's guidance. This access to a supportive and constructive environment is crucial for their physical and mental well-being, offering an alternative to the negative paths they might otherwise pursue. The gym not only serves as a place for physical fitness but also as a space for building discipline, resilience, and a sense of community.

Youth Unity's efforts in Thamesmead, spearheaded by Wayne, aim to break the cycle of crime and deprivation. By supporting these young people through sport and other positive activities, we strive to empower them to make better life choices and foster a safer, more cohesive community.

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Summary:

Overall, JL12’s 2024 funding has played a key role in breaking down barriers by supporting organisations who deliver exceptional services to open doors of opportunity to ensure access to educational, sporting, and developmental activities are available for disadvantaged children, and young people who might otherwise be excluded

This has been another year a success in terms of growth, creating robust processes, developing working relationships with charities, voluntary groups, schools and service providers contributing to the wealth of great work taking place in communities to benefit disadvantaged children and young people.

Looking ahead JL12 remains dedicated to widening its reach and impact – ensuring more children can access the support and opportunities they need to thrive.

Catrina Lewis - Director of Operations

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Financial review

The results for the year are set out on pages 12 to 18.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, governance and management

The charity is a charitable incorporated organisation.

The Trustees who served during the year and up to the date of signature of the financial statements were: J M Dixon

G Beasley

S Bakare

JL12

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Recruitment and appointment of trustees

Trustees

The first charity trustees are as noted above.

Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

The Trustee’s meet quarterly, to discuss matters affecting the charity, review the charity’s activities and performance against its objectives.

Management

The organisation is managed by a director of operations (Catrina Lewis) along with the Trustees who have taken on key roles.

Remuneration

All roles are being carried out in a voluntary capacity.

Policies

The following policies are in place and are reviewed annually or when we make changes to our working practices.

All policies can be viewed upon request and the privacy policy and grant policy can be accessed on the website www.JL12.org

Potential risks of all projects and engagements are carefully considered as part of the charity’s standard governance procedures, and suitable oversight and contracts are put in place.

Organisational structure

The Trustees' report was approved by the Board of Trustees.

G Beasley Trustee

14 October 2025

JL12

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping sufficient accounting records that 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.

JL12

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JL12

I report to the Trustees on my examination of the financial statements of JL12 (the charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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 that in any material respect:

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 financial statements to be reached.

Philip Glyn-Smith BA FCA

Unit F Whiteacres Cambridge Road Whetstone Leicestershire LE8 6ZG 14 October 2025

JL12

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income from:
Donations and legacies 3 15,168 16,319
Investments 4 25 56
Total income 15,193 16,375
Expenditure on:
Charitable activities 5 18,016 13,773
Total expenditure 18,016 13,773
Net income/(expenditure) and movement in funds (2,823) 2,602
Reconciliation of funds:
Fund balances at 1 January 2024 17,881 15,279
Fund balances at 31 December 2024 15,058 17,881

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

JL12

BALANCE SHEET AS AT 31 DECEMBER 2024

Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
The funds of the charity
Unrestricted funds
12		 2024
£
15,388
(330)		 £
15,058
15,058
15,058		 2023
£
18,181
(300)		 £
17,881
17,881
17,881

The financial statements were approved by the Trustees on 14 October 2025

G Beasley Trustee

JL12

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

Charity information

JL12 is a Charitable Incorporated Organisation.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

JL12

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

JL12

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

3 Income from donations and legacies

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 10,668 10,819
Gift Aid 4,500 5,500
15,168 16,319
Income from investments
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 25 56

4 Income from investments

5 Charitable activities

Charitable
expenditure
Charitable
expenditure
2024
2024
£
£
Legal & professional
fees
1,205
-
Accountancy
330
-
Bank charges
240
-
Telephone
168
-
Computer expenses
158
-
2,101
-
Grant funding of
activities (see note 6)
-
15,915
2,101
15,915		 Total
2024
Charitable
expenditure
Charitable
expenditure
2023
2023
£
£
£
1,205
6,284
-
330
300
-
240
240
-
168
149
-
158
-
-
2,101
6,973
-
15,915
-
6,800
18,016
6,973
6,800		 Total
2023
£
6,284
300
240
149
-
6,973
6,800
13,773

6 Grants payable

Five grants were during the year to educational establishments for various projects meeting the aims of the charity.

JL12

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

7 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements 330 300

8 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

The average monthly number of employees during the year was:

The average monthly number of employees during the year was:
2024 2023
Number Number
Total - -
There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 330 300

12 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January Incoming Resources At 31
2024 resources expended December
2024
£ £ £ £
General funds 17,881 15,193 (18,016) 15,058

JL12

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

12 Unrestricted funds (Continued)
Previous year: At 1 January Incoming Resources At 31
2023 resources expended December
2023
£ £ £ £
General funds 15,279 16,375 (13,773) 17,881
13 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).