**REGISTERED CHARITY NUMBER 1198293** ## **Report of the Trustees and** **Unaudited Financial Statements for the Period From 18 March 2022 to 31 March 2023** **for The Jansen Foundation** Kudos Accountants (Newton Aycliffe) Limited Units 8&9 Parsons Court Welbury Way Newton Aycliffe County Durham DL5 6ZE 1 **The Jansen Foundation** ## **Contents of the Financial Statements for the Period from 18 March 2022 to 31 March 2023** ||Page| |---|---| |Report of the Trustees|3-5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9| |Detailed Statement of Financial Activities|10| 2 ## **The Jansen Foundation** ## **Report of the Trustees For the period from 18 March 2022 to 31 March 2023** The trustees present their report with the financial statements for the period 18 March 2022 to 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS 102) ## **REFERENCE AND ADMINSTRATION DETAILS** |**Charity Name:**|The Jansen Foundation| |---|---| |**Registered Charity Number:**|1198293| |**Principal address:**|Little Sheephurst Farm House| ||Sheephurst Lane| ||Marden| ||Tonbridge| ||TN12 9NZ| |**Trustees:**|**Paul Jansen - Chair**| ||Colin Kingsnorth| ||Alison Wright| ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Jansen Foundation is a Charitable Incorporated Organisation (CIO) and is governed by a constitution, which is registered with the Charity Commission. A copy of the constitution is available on request. ## **Recruitment and appointment of new trustees** New trustees will be invited to apply when a vacancy arises or the number of trustees falls below the minimum number required by the governing document. In selecting individuals for appointment as charity trustees, the charity trustees will consider the skills, knowledge and experience needed for the effective administration of the CIO. Following application, a series of meetings takes place to ascertain if the applicant and charity are suited to work together and then a vote is taken by the trustees to confirm the appointment. 3 ## **Risk management** Risks are highlighted and managed within the context of trustee meetings. The charity will if required take out the appropriate insurance needed to cover risks it may face in the future. At present based on the current activities there is no insurance required. ## **OBJECTIVES AND ACHIEVEMENTS** ## **Objective and aims.** Our mission is the prevention or relief of poverty amongst people in the UK and India by providing grants and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty in particular, but not exclusively by: - Donation of food supplies to existing organisations - Providing financial assistance for the relief of food poverty - Supporting feeding and nutritional programmes - Providing or assisting in the provision of projects to improve urban and rural sanitation. ## **Significant activities** During the year, the day-to-day activities of the charity were managed by the trustees. ## **Charitable activities** Every year, 100,000 tonnes of readily available and edible food from the UK’s retail and food manufacturing sector is wasted, equivalent to 250 million meals going uneaten. Additionally, some 1.5m Britons went entire days without eating during the height of the Covid-19 lockdown and with the recessionary trends and increased fuel/energy prices many more people are finding themselves unable to afford the most basic essentials to feed themselves. The number of UK adults who can’t afford to buy food has doubled in the past 15 years. Food waste and food poverty are global issues and whilst many are doing their utmost to help in these areas, the startling fact is that a third of all food produced worldwide ends up being discarded. From distribution of food that would otherwise go to waste, through to provision of basic foods to those most in need, there is so much more that can be done. We hope to be able to provide assistance in helping resolve some of these issues both in the UK and in India. There are many wonderful organisations already doing what they can help. The major supermarkets are genuinely making big strides in reducing the food they send to waste and have partnered up with a number of charitable organisations to help get this food to the mouths that need it most. And of course, the smaller charities offer an equally important service, whether that is distributing food donated from the public or beavering away in kitchens to ensure that hot, nutritional meals are available when required. So, we are actively seeking out those areas where there might be a particular service that is lacking or a common need between local organisations that we could provide for. 4 ## **FINANCIAL REVIEW** ## **Providing funding sources** Within this financial period, we received grants of £65,000.00 Approved by the board of trustees on 11[th] May 2023, and signed on its behalf by: ………………………………………………………… Paul Jansen - Chair 5 ## **Independent Examiner’s Report to the Trustees of** ## **The Jansen Foundation** I report to the trustees on the accounts for the period from 18 March 2022 to 31 March 2023. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the 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. My role is to state whether any material matters have come to my attention giving me cause to believe: 1. the accounting records were not kept in accordance with section 130 of the Charities Act; or 2. the accounts did not accord with the accounting records; or 3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. ## **Independent examiner’s statement** 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. Kudos Accountants (Newton Aycliffe) Limited Units 8&9 Parsons Court Welbury Way Aycliffe Industrial Park Newton Aycliffe County Durham DL5 6ZE Date: 8th May 2023 6 ## **The Jansen Foundation** ## **Statement of Financial Activities for the period 18 March 2022 to 31 March 2023** |
**INCOMING RESOURCES**
**Incoming resources from generating funds**
Donations received

Total incoming resources

**RESOURCES EXPENDED**
**Charitable Activities**
Wages Expenses

Administrative Expenses

**Total resources expenses**

**NET INCOMING RESOURCES**

**Other interest receivable and similar income**
Bank Interest receivable
**TOTAL FUNDS CARRIED FORWARD**
|**31.03.23**
**£**
65,000
65,000
23,455
25,949
**49,404**
**15,596**
**55**
**15,651**| |---|---| 7 ## **The Jansen Foundation** ## **Balance Sheet as at 31 March 2023** |**Current assets**
Cash at bank and in hand

**NET CURRENT ASSETS**

**TOTAL ASSETS LESS CURRENT LIABILITIES**
Accruals and deferred income
**NET ASSETS**
**FUNDS**|**2023**
**£**
16,551
**16,551**
**16,551**
(900)
**15,651**
**15,651**| |---|---| The financial statements were approved by the Board of Trustees on 11[th] May 2023 and were signed on its behalf by: …………………………………………….. Paul Jansen - Chair 8 ## **The Jansen Foundation** ## **Notes to the Financial Statements for the Period Ended 31 March 2023** ## **ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011, and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended.** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to headings, they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purpose. 9 ## **The Jansen Foundation** ## **Detailed Statement of Financial Activities for the period 18 March 2022 to 31 March 2023** |**INCOMING RESOURCES**
**Voluntary Income**
Donations
**Total Income**
**RESOURCES EXPENDED**
**Charitable Activities**
Wages and salaries
**Administrative Expenses**
Travel expenses
Computer and IT consumables
Accountancy fees
Bank Charges
Charitable donations
**Total**
**Net movement in funds**
**Other interest receivable and similar income**
Bank interest receivable
**Total funds carried forward at 31 March**|**2023**
**£**
**65,000**
**65,000**
23,455
372
167
900
35
24,475
**49,404**
**15,596**
55
**15,651**| |---|---| 10