JN UK FOUNDATION CIO FII4AI¥CIAL STATEMENTS YEAR EI¥DED 31ST MARCH 2(J25 Churity Number.. 1199345 B91nesS Address: Meyets Fletcher & Gordon 15 Cambridge Court Londo W6 7NJ Tryst¢¢s: Hon. E Jarrett OJ, CD, JP D Webley MBE P Simpson CBE Michael Toohig Ind¢wd¢nt Examiners: Leroy Reid & Co. Chartered Certified Accountants and Registered Auditors 299 Northly)TOU8h Road Norbury London SW16 4TR
JN UK FOUNDATION CIO INDEX TO THE FINANCIAL STATEMENTS YKAR ENDED 31ST MARCH 2025 CONTENTS PAGE Report of the Truslees Report of the Indedent Examin¢r Statement of Financial Activities Bal4nce Sheet Notes to the FinJnci81 Stat¢m¢nts
REPORT OF THE TRUSTEES TO THE MEMBERS OF JN UK FOUNDATION CIO JN UK FOUNDATION plwure In pr*scntlng our report and the examined financial 5tatemMt for the ye4r endcd 31 Match 2025. StAt JN UK FOUNDATION Is El ChAritable In¢orpor8t¢d Org4ni5ation and was eThtered on th¢ giSter of ch4ritl¢$ on 16th June 2022, with reBistered charity number 1199345. The trustees ¢onfimi thE4t the¥e were no actlvitles durln8 the period under review. Tre¢l Th¢ ttee5 at thc end of thc Y¢ were.. Hon. E Jarrett OJ. CD, JP, UU, Hon. LL4 Hon. EdD, HOA. Unlw. FrA, AIS D W¢bl¢y MBE P Slmpson CBE M'foohiB TrnBteu Ruponilbllltltl For Th• Flnon¢l81 Stalements The law requires us the trujteu to prepare the financial sl&tcments for each year which 8ive a true and fair view of the state of affairs of the orgonisalion and of its surplus and doficlt for that p¢riod. In preparing the financSal sIAlem¢nts we ar¢ requlred to: (a) select suitgbl¢ CoUnting policieg and apply them con$i8ten¢ly through the yea18 (b) makejudgements ¥5tim&te3 that are re&son&ble and pNd¢nl (cl It&tc wh¢th¢r applicable accountin¥ standards have bKn followed, subject to any m¢Ti&l d¢pArtum that hould be disclosed and explalned in the fitJanci&l statements. (d) prepare the financial stalem¥nl$ on the 8oin¥ conL¥rn bB8is unless it is inappropriate to pSum¢ thY4t the or8ani5atlon will continuc in buslnexs. We ar¢ r¢spwisible lor kerping propcr acLoun¢in¥ rerdS which di.1Se with rellsonthle accur&cy at any time thc fJnan¢i&l position of the chariry and ¢nDbl¢ ¢h¢m to ensur¢ thai the financial ststemen15 comply with the Charitles Act 2011. We Are d50 responsible for safeguarding the assets of the charity and t&kin8 reasonable Steps for ihe prevention and detection of fraud and other Irre8ulorili¢5 should they exisL Exwmlner Messrs Leroy Rcid & Lo. have indicated their willingness to serve as the ind¢pend¢nt u&miner8 8ThJ a resolution reypoin(ing the 'Il be prop)5ed at the annual genernl meetin& yord rvy¢¢eJ P Simpsort CBE Trust
REPORT OF THE EXAMtNERS TO THE MEMBEIiS OF JN UK FOUIYDATION CIO We report on the financial statements of the charity for the year ended 3 1st March 2025. which are set out on page$ 3 to 6. The financial reporting framework that been applied in their prcparalion is applicablc law Unit Kingdom Accounting Standards including Financial Reporting Standard 102. Respeetlve Responsibilitie8 of Tnisteej IlDd Examiners As th¢ ¢h8rity's trust¢es, you arc responsible for the preparntion of the accounts. You also consider that th¢ audit requIremt of S¢clion 144{2) of the Charities Act 2011 (the 2011 Acl) does not apply and that an independent examination is needed. Having satisfied ourselves that ihc charity is not subject to an audil and is eligibl¢ for Indedent exAmination, it is our responsibility to.. examine the accounts under section 145 of th¢ 2011 Act (ii). lo follow the procedures laid down in the general Dire¢tions given by the Charity Commi55ion und¢r section 145{5Mb) of the 2011 Act., and (iii). to state whether particular matters have come to our attenlion. Bayi8 of Independent Ex•mlner'8 Report Our examination was ¢arricd out in Y4ccordance with the General Direclions given by the Charity Commissioners. An examination includes a review of the accountin¥ records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and 8eeking explanations from you as Iruslees concerning any such mattcr5. The proccdurcs undcrtakcn do not provide all the evidence that would be required in an audiL and wn5equently no opinion is ¥iven as lo whether the accounts present A,tn And fair view, and the report is limited lo those matters set out in the stAtement below Independent Examiner's S¢a¢ement In connection with our examination, no matter has come to our attention: which give us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Se¢tion 130 of the2011 Act. and - to prepare &ccounts which accord with the accounting records and comply with the arxounting requirnents of ihe 2011 Act haye not bKn mct: or (2) lo which. in our opinion, att¢nlion Should be drnwn in order to enable a proper undeT5tanding to be reached. LEROY REID & CO CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS 299 Northborough Road Norbury London SW16 4TR
JN UK FOUNDATION CIO STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED31ST MARCH 2025 OTES Unrestricted 2025 20 RESOURCES EXPENDED Charitable actiYilic5 (18) 300 300 3(K) Total resources exFnded 300 300 Net Incoming resources (300) (300) (300) Funds brought forward ndg earrled forward 9(10 900 600 Ther¢ w¢r¢ no T¢nISed gains and los other than those passing through the Income and Expenditure The accompanying notes forn) an inte8ral part of the accounts
JN UK FOUNDATION CIO BALANCE SHEET AS AT 31ST MARCH 2•25 OTL8 202 CREDITORS: fAlllng due wlthlm y¢4r 14ET CURRENT (LIABILITIES) ASSETS NET ASSETS FINANCED BY: UNRESTRicfED FUNDS Gen¢ral futMI (900) (6)) 91JO Approved by he and signed on 11$ behalf: P Simpson CBE Trugtee 9¥/2 Dale The 8ccomponylng notes fonn an inie8r&] part of the accounts
JN UK FOUNDATIOL¥ CIO NOTES TO THE FINANCIAL STATEMEIYTS YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES (a) Accounting Conventlon Thc accounts are prepared under the historical cosl convcntion. The financial stst¢ments have prepared in accordance with the statement of Recommended Practice.. Accounting and Repofling by Charities preparing their accounts in 4rdance with the Financial Reporting Stand8rd applicable in the UK and Republic of Ireland (Charities SORP FRS 102 and the Charities Act 2011). JN UK FOUNDATION constitutes a public benefit entity as defined by FRS 102 {b) Income All incoming resource5 are included tn the statement of financial tIvitIeS when the charity is entitled to the incoTT)c and the amount can be quontified with reason&ble accur&cy. The followin8 specific policies are applied lo particular categorie5 of income.. Voluntary income is received by way of grants, donations and gift and is not conditional on the delivery of a spccifi¢ perfomAnce by the compBny. and is reco8nised when the Charity becomes UnconditionlY entitled lo the grant. Inve8tmcnl income 15 included when re¢¢ivabl¢, Incoming resource5 from charitablc trading activity are accounted for when earned. Incoming resources from grants, where related to perfomiance and deliverables, are accounted for a5 the charity earns the right lo thc consideration by its perforniance. (C) Fund A¢¢ountlng Grants and similar income which are subje¢t¢d to rc8tri¢tions by the donors are shown as reslricled funds and any ¢xp¢nditure Incurr will be sel off 88ainst the fund, All other income And expenditure are shown as unrestricted.
JN UK FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 (d) Resources Expended Resources exnd¢d arc included in the Statemenl of Financial Activities on an accrual basis, inclusive of any VAT, which cannot bc Tccovered. Expenditure which is directly altributsble to Specific activates has been iluded in these ¢05t calcgories. Where costs are attributable to more ihan one activity. they have been aprtIoned &cross the ¢ost categories on a congistent basis with the use of these resources. (e) Value Added tax Volue &dded lax is not recoverable by the charity and as such is included in the relevant costs in the Ststement ofFinancial Activities. (D CharltAble actlvitles Cost of activities represents those cost incurred by the chanty in the delivery of its activities and services for the beneficiaries. It includ¢s both ¢08t Ihal can be allo¢aied directly to such activities and those cost of an Indire nature necessary to support ihem. 2 CREDITORS: Amounts falllnzdue wlthln one yemr Other creditors and accruals £900 MOVEMENTS IN FUIYDS Nel At movemen¢ A¢ Unre8irl¢ted funds 31103n024 In 3110312025 General funds (600) TotAI Ftsnd# 600 300 900 4 TRUSTEES REMUNERATION AND EXPENSES No remun¢ralion was ld lo trustees in the year. nor were any extKnses reimbursed to them.
JN UK FOUNDATION CIO INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST MARCH 2025 INCOMING RESOURCES A¢tiviti¢s and donation COST OF CHARITABLE ACflVITIES Independent Examiner fces 300 300 3(Ki Total resourc expended £300 £300 £300 N¢t incoming resources J(h)