JN UK FOUIYDATION CIO FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 arlty Number.. 119934J Business Addr". Mey¢rs Flefcher & Gordon IS Cambridge Court )nd0 W6 7NJ Tntee$. D Webley Ms P Slmp80n Mi¢lKgal Toohlg Ind6peTrJellt Ex8mirters.' Leroy Reid & Co. Chartercd Certifled Accountants and Re8LSteJ%d Auditors 299 NorthbDroush Road Norlyjry iA)tthn SW16 4TR
JP4 FOUNDA-fioN CIO INDEX TO THE FINANCIAL STATEM&iYTS YEAR ENDEDJIST MARCH 2024 COI¥TEPfts PAGE Report of the Trustees Report of the Indcpend¢nt EKamincr Statenient of Fittan¢ial Aetiwities Balance Shect Notes to the Financial Statement5
REPORT OFTHE TRUSTEES TO THE MEMBFRS OF JN IIK FOUNDATION CIO SN UK FOUNDATION pleasure in prcsentins our report and the Examined financial 5taiement for the year end¢d 31 March 2024. UK FOUNDA TION 15 a Charitabl¢ Incorporated Or¥anisation and was entered on the register of chariti¢5 on 16th June 202? wilh regisiered charity nuniber 1199345. Th¢ tN5t¢Cs ctsnfirm that there wer¢ no activities during the p¢riod undtt review. Trnstee 'Ihe irustees at th¢ end ofthc year w¢r¢.' E Jarrett {appointed on 161061?0221 D Webley lapp¢>inted on 161061?0221 Ms P Simpson lappjinled on 16106120?21 Michael Toohig lappoinled on 16J061202?1 Trust¢ts Reswnsibil•ti¢5 Ffrr The Financlxl Statements Th¢ Iftw Tequires 11$ the trustees to prepare the financial statements for eA¢h yc8r whl¢h give a true and fair view of the statr of affairs of thr Of8anisation and of its SUTplu$ and deficit for ihai period. In prrpRring the financial stdlements we gr¢ Tequired ts>: seleBI siiitable a¢¢Dunttll8 poliei¢s and apply theTh ¢ohsi5t¢nilv through the yeaJ5 make judgements 8nd ¢stimas th are rcasonlblc alld prudent stste whether applicable acLounling 5tandard% have been followed. subject to any m4terial departur¢$ that should be disclosed and ¢xplairted in the financial statements. prepar¢ thc fjnancial statements on the 80ing concern basis unless il 15 inappropriak to presume that the organisatioTr wi51 continu¢ in busintss. Ib) {dl W¢ are re8ponsibl¢ for ke¢ping proper accountin8 records whi¢h disclose wth reasonable acGuracy at aoy lime thc financial position of the charity and enable them tu ensure thai the fIn¢tal Statements wmply with th¢ Charities Art 2011. We Ire a150 Tcsponsible for safeguarding th¢ a55e15 of the charity and taking reasonabl¢ steps for ihE prevention nd d¢tection of fraud and other itregularities should they e¥i5t. Messrs Leroy Reid & Co. have ItlCated their willingn¢s5 10 serv¢ As the independent examiners and a resolution rc-apwinting them will be proposed at tlie annual gcn¢rnl meeting. By Order Of The Trustees Trustee
REPORTOFTHE IXAMINEILSTO THE MEMBERS OF JN UK FOUNDATION CIO We report on the fithancial statements of the charity for the year ended 31st Nqarch 2024, which art set Dut on p88e$ 3 10 6. Th¢ finanLial rEWrting frnmework that has b¢¢n Applied in th¢iT preparation 15 ¥pplicable law and United Kin¥dom Accounting Standards including Finan¢ial Reportin8 Standard 10? Respective Respon$ibllltle8 of Tr¥$t¢ts Ex2mlther5 -4$ thc th&ritys Iru$tee$. you arc resptsn5ible for th¢ preparation of the ¥¢ounts. YTru also consider that the audit reqtsir¢ment of Section 1441?) of the Charities Atl I (the 2011 Acil du¢s not apply and th21 art iDd¢pcndtnt ¢xamiiiation 1$ ne¢d¢d. Having satisfied oursclv¢5 that the charity Is not 5ubj¢¢t to an audit and is eligible for indepcndent ¢xaminion. il is our r¢5wn5ibility to.. examlne the accounts under sectitsn 145 of the 201 l Act follow the procedores laid down in the general Directions given by the Charily Commission under seciion 1451511b) of the 2011 A¢i,' ?nd liiil. 10 8iat¢ whether particular matter5 have coryic to OUT attention. Bgsts of Independent Exlminerls Rèport Our examina¢ic>n wa5 carried out in accordan¢e with the G¢n¢ral Directions give4) by the Charity CornmisJLOt)crs. An examinati(>n includcs a review of the accounting records kept by the charty and a comparigon of the accounts pr¢5¢nied with th05c records. It alw in¢lud¢s consid¢rIDn of any unusual items or di$¢losures in thc accoun15. and tkill£ uplan&tioThs from you B5 Iru$te¢s ¢rJncernin8 any 5u¢h m&iers. Thp procedutes und¢rtakcD do not piovide all lh¢ evidence thai would be r¢quired in an aiidit, ahd consequently no opinion is gin 4s to whether the Jccounts preseni a IrJe and fair view, and Ihe r¢port is limited lo IIK>S¢ matters set out in the statement b¢low Independent ExAmln¢r'$ Stxtement In wnnection with our &xamirtation. 00 matter h45 corne lo Dur attention.. whlch give us re&50nablt caus¢ to bElbeve ihai ith any material respect the r¢ouir¢rnents to keep ¥wunting rewrd5 in accordance with Seaion 130 of the201 l Act.. and to prcpatE accounts which accord with the &(ounling re¢¢)nls and coinply with the accouftdng rcquirement5 cf the 2011 Act have not b¢¢D met; or 121 ro which, in our opinion. attention Shold be drawn in order lo ¢nable a prvp¢r undersrdnding io be reachcd. LEROY RCID&CO CHARTERED CERTIFIED ACCOUNTAvfs AND REGISTERED AUDITORS ?99 NorthtrN>rou Road Norbury London SW16 4TR
JN UK FOUNDATION CIO srATEMEiYT OF FINANCIAL ACTIVITILS YEAR ENDED 31ST MARCH 2024 OTE I InrcbifiLtL 2024 2023 RESOURCES EXPEP4DED Ch4ritable activities (Ig) 300 300 300 Total Tewiir¢r5 expendcd 300 300 300 Net IDcomiDg resources (3001 13001 (3DO) Fuftds brou8ht forward Fund5 rarrled forward 6001 600 Joo) There were no r04lsed goins and 108s¢5 Otherthan thD5e ping through the Income End Expenditur¢ The oxompanying notes form integrdl partof the accijunts
JN UK FOUNDATION CIO BALANCE SHEET AS AT JIST MARCH 2024 NOTES 2024 2023 CREDITORS: Amounts hlllTrg due wlthln one yeAr 6001 300} NET CURRENT (LIABILITIES) ASSETS 16001 {300) NET ASSETS 6001 FINANCED BY: UiYRESTRlED VUNDS General furtd 16001 (300) 300 Approved by the Twstees 8nd slgned on its beTr. Trustce..... The accompanylng note5 forni an integral part of the I¢ut5
JN UK FOUNDATION CIO NOTESTOTHE FINAf4CIAL STATEMENTS VILAR ENDED 31ST MARCH 2024 ACCOiJNTING POLICIES Aeoounting CoDveTrtio The account5 ¥r prepared Ltnd¢r the hiswrical eost wnvertlion. The financial statements hav¢ been prepatEd in accordance with thc slatemcnt of Recommended Practir¢.' Accounting and Reporting by Charities preparing their account$ in accordance wilh the Finlncial Rep)rtsnE Standard applicable ID the UK and Repllbli¢ of Ireland (Charities SORP FRS 102 and the Ch¥itics Act 2011}. N UK FOUNDAI'ION wnstitutC5 a public benefit entity as det7n by FRS I02 Ibl Income All incorning resourG¢5 are included in the stsi¢m¢Trt of financial activities whcn the charity i5 entitled to thc incom¢ and the amount cali be quantified wilh reasonable g£cura¢y. The following specific tK>licies re applied to pthrticular cale80r1 of income.. VoluTJtary in¢ome is received by way ofgrAnts. donations and gift and is a>nditiottJl on the d¢livery of a 5pecifLC performan¢e by the cornpauy. and is recogDised when th¢ Gharity becomes uncDndition&lly titled to the Brant. Investmeni in¢ome is includ¢d when rec¢iv&ble. Incoming resources from charitable IrAding activity are accounted for when earned. Incomin8 resour5 frorn grants, wherc related to perfomiance and delivernbles, are aco)untd for &% the ¢hATity eams the right to th¢ ¢on$tderation by its perfomianc¢. (Cl Fund Aecountlng Grants and similar income which are 5ubjeele41 to f¢StrT¢tion5 by thc donors are shown as restric fund5 any expenditure incurred will be set off Against the fund. All othcr income and expendittLr¢ ar¢ $hown as unrestrirtcd.
JN UK FOUNDATION CIO NOTES TO THF. FINANCIAL STATEMENTS I'EAR ENDED31ST MARCH 2024 Idl R¢sources Expendrd Resources expended are includ¢d in the Siai¢m¢ril of Financial A¢LivitFes ()h an awrual ba%is, inclusive of any VA T, whith cannot bc recovered. ExpetMliiu¢r which is directly Ottributable spe¢ifi¢ actie8 h8s been included in these cost categorie5. Where cpsls are attribuiabl¢ 10 fflQTe than one a¢tiMty, tky have been apwrtioned across the c05t cate8ories on a consistent basis with the use of th¢s¢ rcsources. le) VAlw added tx Value added tax is not r¢cowernble by the cli&rity and as suth i$ in¢lud¢d in the relevant costs in th¢ Statement of FinanGial Acliviiies. {fj CknaritAhle ctiviti¢5 Cost of activities rwesent5 those cost incurred by the charity in the delivery of its activities and Se1¢e3 for the beneficiarics. It in¢lud¢s both cost thot can be allocated diFectly to such a¢tiviti¢$ and those cosi of an indirect ttature necessary to support them. 2 CREDITORS: AmouDts fallinE du¢ within ome y¢gr 2023 Othcr ¢r¢ditOT5 and accnjals 600 £600 300 £300 MOVLMEYTS IN FUNDS N¢t Al movemertt At Unre5trlcted JiiDJllts23 in fufjd5 3110J12024 G¢nernJ funds 13001 1600} To¢*1 Funds 3001 3QOI £(600} TRUSTEES R£MVNERATION AND 8XPENSES No remneratIOn was paid 10 trustee5 in theyear, nor were any ¢xpen5es reimbursed to them.