Ch¥rFty reglstratlon nUm￿r 1202928 (Engl•nd ond Wales)
Compony reglstralion numbar 13944207
THE JOBS FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE JOBS FOUNDATION
LEGAL AND ADMINISTRATNE INFORMATION
TruBt•e8
N A Baxter
S Boyd
N A G8mester
V Hewson
C AJolly
AA Rankin Frost
M G C Wgbster
AH￿lurn
(Appointed 9 July 2024)
IAppoSnted 10 D8c8mber
20241
S•crntary
GEBri81
S•ni¢r manag•m•nt
G E 8ristd
M Elliott
Chi&f Execubve Off¢er
President
Charlty nUrn￿r
1202928
Company number
13944207
R•glBtered offic•
33 Cannon Str881
Clty of London
EC4M 5SB
Ind•p•nd•nt oxamin•r
Rogers Spw¢er
Newstead House
Pelham Road
Notbngh8m
NG5 1AP
8ank•r8
Barclay8 Bank UK PIC
1 Churchill Plac8
London
E14 5HP

THE JOBS FOUNDATION
CONTENTS
Pag•
Tru8te68' report
Independent ¢xamingrf8 rep
Statemènt of financiel actiVI￿e$
Balonce shaet
10
Not88 to the financia 8tatemènts
12-18

THE JOBS FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The ITUStee8 present thelr annual report and fln8nolal statements for the year &nd8d 31 December 2024.
The flnanrial ststémènts have b88n pr8pgred In ￿cOrdanCe vmih the accounting pollcles set out in t)0ts 1 to the
ffin8ncial statements and comply with the charlty's govemlng document, the Compani85 Act 2006 and "AccounliNJ
and ReFX)rting by Charibes.. Statement of Recommend8(I Practice applicablo to charilies preparing their accounts In
accordance with the Fin8ncial ReporbrrfJ Stsndard applicable in the UK arKI Republic of Ifeland {FRS 1021.
loff8dve 1 Jgnuary 20191.
Obl•ctlv•s and 4¢tlvltl•s
The Jobs Foundatlon is a charfty Ihat offeTS practical assi8tance to busine8888 as they move peop￿ from poverty
Inio prosperity lh￿Ugh ethic81 employment PTadces. We see bu8ln8sses and the lobs and training thèy offer as an
effective tool for a118vlating poverty 8nd unefflploymgnt.
Our charltable objects, embedded In our Memordndum ofA8$odatbn, arg as folbws..
To prevent and r&llève poverty8fKI ￿l￿ve unemploymenl by..
(a) educating arnl tralnlng employers on etlwGal r8iwitmenl and Irwntng practices (by dgvolowng and
ov8rseeNng the delivery 0ftail￿d Iraffrnry prc*Jrammes) ￿th the aim of imwovlng enwloymenl 8ttainm8nt,"
sodal moblllty and long4grm sustanable 8mploymenl,'
(bj encour89ing and fostering gtl)kal reuuilnwnl and traintng practiC8S 8mory61 member <ryani$atlons
(b&lng employers that ￿￿mItted to adopting ethlcal rewllmgnt and training practices). To 8dv8nce
the education of the public in $ubjè¢l$ rglaling to gthical r8cruilmgnt and lrnining pr8CtAces and to promote
study and researoh such subj8cls pmiryded that the u88ful results ol such study are dl$somlnated to the
public at larye." and
(CJ Oth8rpU￿o8es 8$ ￿ excluslv8ty charlteble.
Publlc benefft
The Irust888 have pgld due regard to guldance i8suad by the Charfty Comml88k)n in d8cidirYJ what adthos the
Gharlty should undèrtake.

THE JOBS FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢hl•vgmonts Ind Porforman¢e In 2024
Thls year mafked tha hjffilment and concluston of the Jobs Foundglon's Phase 2 Strot8gy Plan. saeing the charfty
Lwild both our Busine88 Council to 1,000 bu8ines8 leaders. and demon3trating the Ilnk befv￿en business, job$ and
poverty allevlalm. In thi8 period, w8 h8vtr focused on buildiNJ a scalab￿, impact(ul charity - dellvering inslghts.
mo￿lIs11¥j busin8s888 to support d18advantsged wrAe Snto sustsinatle empltyment. and looking at the policy
condltlons required ts budnassgs and Job creatlon to thrive.
1. Bu$In￿• Councll Growth
The Job8 Foundatlon's Business Council has grown to over 1.lJ)O memberB, bringing t(vJether a diver88 and
engaged community of busine88 leaders acro88 every UK reglon. size, and sector k88n to support individuals in
lèssness and pov8rty into 8UStainabl• aM￿0Yrnent. Coundl mombors have *Ive￿.
Contributed b8St practi¢e ca8e studl88 to our monthly newBletter8 and r888arch oulixil
P8rtidpated kn reglonal rDundtables, natbnal 8vonls and onllng webinars
Engoggd In p8er-lo-p6w ne￿rkIr@ 8ntl be8t practise kno4%qedg8 $h8fing
CdlAbor8led on thO￿ht18ad0r$h1p around ernpbymenl and trdlning
Our events calendar in 2024 includ8d meeting$ in London, Bglfa61. Boumernouth. MBnch881er. Hatyewl and
NvKastb, alongside iYTrdustyry8pecffic r￿JndIatA6S M apprentlceshlps, Al and dpJitsl Inclusion and re8115ence in the
wrykplacg.
2. FoundallOn8lRese•￿h.' 7k¥o Mllllon Jobs
In 21r24. the Jobs Foundation publishèd Two Million Jobs.. HLW Buslrwses Play a Cruual Role In Helping Pec*)18
from Walfgr8 Inlo W￿￿, our first major research publicalion and a unique report on weffare to work best pracdse.
The r8port provided an in4leplh explor8tion of how busingssgs across the UK are lifts.ng indivldual$ and
communlil88 Out of povety by C￿￿tI￿J jobs and offatlng mg8ningfvl tralnlng. 11 is both 8 call to adon and
¢elebr81ion of Ihe b￿Ings9¢S who aro an Inspiration lo other busSn8S8es to help more p8opl8 Into work.
Two Mimion Jobs. wrltten by our Re80ar¢h Dlwtor, Nick Tyron8. dr8ws on more than 100 in4dgplh In￿￿ewS wrfh
employers. entrepreneurs. apprentices. and communlty le8d8rs across fryjr key locations.. Sheffield (a ¢tyl,
Loughbor0￿h la town). Hartkpool18 ¢r)85ts1 communtyl, and Pgmbrokeshlrg la Nral county). Those case studle8.
chosgn to rpllect a broad range of ¢omTnunities across the UK, look at the Intsgral role that bu￿neSseS play In
taklng people out of Foverty and unemploymant into work. The report breaks down into the followir@ ch8Pt8
A. Sheffi8ld.' Forglng Steel and Embra¢lng Tgch
This chapter examines the clty's industrial pa8t and its evomng fijlurts, with stories from firms like Evc41rtion Powor
Tool8 and Shèffiold Precr6ion M8dlcal. These companSe$ demLMstratè how manufacturSng. p81red mc
tachnology and a focus on training. Is h8lping peopl6 movo from multi-genaratitsnal WOrkJe$￿$s8 Into lorvJ-temi
amployment. Thls chaplgr also features the Ascend F*tyJTamme. a chartty whl¢h support8 young pgoplg from
dlsadvantaged backgrounds wilh employablllty $ki118. of the companies fBatUTad In the Sheffi8l¢Y chapter
exempllfy how CC￿M￿nNY initlatlves and buslne&s Can partn8rto tsckle entrenched povety.

THE JOBS FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
B. LoughboroLvJh.. Looklng lo the Futur8
Situatsd In the ffiddle of Eroland. both geographl¢ally and 8conomically, Louyhborough offers insuqht Ir￿ a town
bolancing large employer8 (likè the Access Group, who are fè8tured) wlth vibrant SMES and univgrslty spinouts.
The Loughborough Univer8tty Sci8nce and Enterprfse Park fealuTrs prominentty. as f( hwses entrepreneurs Ilk8
Kale Allan of ExpHand and the Everydesign tèam. These businesses hlghllght how Institutions can incubate
Innovation and how appreniice8hips.ll streamllned, could be bettgr lèvewed by SMES. The ch8pler also examines
how the interconnertivity of Inslikntions can be vital to economy stsbity and grovrth.
C. HarUep(K)I'. Th8 Coalf8c8 of Change
This chapter contextualls8d Harll6pool w￿h1n the broader chall0r￿S of coastal communllies. Organisatlons like
Orangebox Trainlng Soluticffls and tho Hartlepool Furthèr Education College were spotllghted for thelr 8ffrJrts to
break cyde of unémployment in thé Brea. Storf&8 Include 8lud8nts tralnlng on decommissioned military
heli¢optern- an emblem of the town's ambilion to provide gdvanc•d techni¢•l skills Io Te¥ldènts.
D. Pembrokeshire.. The Cutting Edge of Britsln
The wral chapter of tha report focused on eeonomic relnventlon-P8rtkularfy the Intersecllon of energy, agriculiuro,
8nd toufi%m. The report profiled Pembrokeshire College, Valero'5 reffinéry oparations, and the revitalisatlon of the
vlllag8 of L8wrenny by lo¢al gntrepreneurs. It also underscored challenge8 ¥uth as pwr Infrastru￿Ule and limltgd
access to capital, calling for tsilored policy lo unlock rural economlc potential.
from the R
The IntsN8ws and ca88 8tudle$ played on ¢on$istent national theme8, desplle each area'8 distinct challenges. The
report Id￿tified slx prK)riti8s that must be add￿ssed rf Brftaln 1$ to me81 its ambltlon of getting mlllknn peop18 off
welfare and into work:
Transport Infrastructure Is Holdlng Back Growth - Inadequate transport was the most common complainL
particularfy In rural and coastal are83. BU￿ness9$ stressed that wllhout reliable public transport, 3¢X888 to
jobs and training Is saverely limited.
2. Bettoi Allgnment B8tween Buslnesses, Government, and Institutions - Where coll8ges, local euthoiibes,
and gmployers collaLM)rata, employm9nl outcome8 ImpTOV8. The rewrt argues for stronger local
ecosystems where ski118 tralnlng al￿n5 wmh amployer n8ed$.
3. Probationary HlriThJ Must 88 PrOl￿d - Bv5inesses expr8s88d concem that removlThJ the abllity 10 19*
new hires during a probation perfod would reduce rfsk-ts￿￿g, 8sp8dalty wh8n hlring those with non-
traditional Cvs or barrfers to work.
4. Apprenllceship Roform Is Overdu8 - All busines888, particularfy SME$. found the apprgnttsshlp 8y8l¥m
Ovgrly complèx. Thè ￿port calls for str80ffl1ined pn)cosses a￿1 bgtt8r incentives to expand qual
apwrenlceship opportun￿9$.
S. Green Targ8ts Must Be Stoble and Invostable - Bu81n688&8 wont to 8UPPOrt r￿t zero goals but ffind the
policy envlronm8nt loo volafjle. The report urge$ Clear, long-tsrm tsrgets th8t catalyse private Investment.
Jch a8 tha gxamplo of Teesworks In Redcar.
6. Access to Homegrown CapS181 1$ Weak - Many entrepren$urs rgported difficulty accessing Brltish
Investment. Several had to go abroad, partlcularly to the US, for startup fundlng. The report highlights th1$
as a ￿ltural and slru¢tur31 gap that must be bridged.

THE JOBS FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT> (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A Human Fae8 on Economic Chan
Two Mllknn Jobswas I￿1 lust a policy ￿pOrt. bui It was a portralt of Brfl8ln In 2￿24. Every ch8ptsr paired
macroeconomlc anaty$l8 wlth deeply pèrsonal stories: Reec8, who went from Imng In hls car to 18adlng
Constr(￿tIOn crèw in Sheffleld,. Lauren, who credits the Ascend Programm8 for her carear in w8nt8,' Aneesa, who
mov8d from t8chni¢al colege to faCtory￿00r apprenOcoshSp in pwsion ￿￿Ineeri￿j.
These are storfes of dignity rgslored. 8mbthon reawakened, and communlues r8built- not by 9)vemn*nt alone. but
by budn88sas dèt8miined to mak8 a difference.
A Platfom forAdv
and Actson
The h88 become a com8rstona of our pollcy ¢ommuntslion8 Strategy hoaillng into 2025. It wa8
launche<l alongside a photography exhlbltlon thal featured people from across the county, capturfng the facgs of
Brflaln's worklng future. The ffindings are already informlng our work with national polirymakers, local instilulions,
and bU￿neSs leaders to shap9 0 labour mart¢et that works for everyone.
Two millit￿ Job$ affirmed what w8 belleve at th8 Job8 Foundatlon.. when busin883es hava th8 fr88t1om and 9UPPOrt
to grow, thoy not onty createJob￿lheY changg IIv9$.
Informed by insights from our Bu$In¢￿ Council and research, we've laid the groundwork for a rotrMI 8dvocacy
programme. BusIneS￿ consisténuy told us need:
Predictsble, 8uppcwUv8 tax aNI regulatory wJli¢y.
Simpler and rrK)ro Bcce8sIN8 appren￿￿5hip 8y8tem8.
Bettgr Infro8twthre, p8rUcul8rty transrKJrt and digital cOnn￿tiVIY.
The8e insMJhts have Infomied our recommendatlon8 to polwmaker8 and will gulde our 2025 activltk*s 81med at
bolst8rirwJ an environment th8t allo￿ Biiti8h buslne88es to support peopjo into long-term wjstslnable empwmènt.
Fundralslng practl¢•8
The Jobs Foundation Is erfrety I￿lependent of any pollUc31 party or group and 18 fvnded by a broad base of
voluntary donations from individuals. companieB and founda￿On8 who want to support work.
SupporteT8 arg r*orousty Ch￿k8{1 to ensure thal donations hav8 b8&n v8tted and approved oc¢iwdlng to our strict
intemal wlK>&S.
Financlal r•vl•w
Totsl incotne foi the year was £648,870 (2023.. £477.8421 and total èxpenditure was £634,546 (2023: £489.1611.
The finan¢i81 statemerts, 14yJether with the not88 th8r8to, èxpand on th88e ouuine d8ts11s.
The Board ot Trustees r8gularfy ra￿aW th8 amount of donaliorbs. We are grateful to all our don0￿ fcf 8upporUng
our work.
Reserves pollcy
Slnce the Jobs Foundation fom)ally launched in S8Pternb8r 2023, 11 has set ltsalf thg ambltk*n to havg 8 thro8-
rr￿nth monthly run rata roserve wlw. In orderto glve the organisation a stron9 financial foundation.
Thls is somelhing the d)0rity18 Still worfting towards havirrfJ on a ccnslstènt basls, 88 it balances thls otsective wbth
the negd to tskg on addttltsnal pernonnel to sch￿Ve tt8 mis&on.
Th6 TnJste88 are happy wlth the expBndlng plpellne of SrKome from Ind￿idual8. bu81ne88e8 aTrJ charftablg
foundations and we are grateful lo all of them for thgir support.

THE JOBS FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclal rfsk manag¢m•nt
The trustees reccgnlse that effective managenwnt of financial risk is essenyol lo the su51ainabilty of th8 charity- At
pr8sent. the charity does not operate 8 fomal risk r8gisler or stnjctured risk review proce88, but the tnjslees
COn￿der￿n81￿￿￿l ri$k$ at each meeting a8 part of thelr overskJhl responslblllugs.
Th& most slgnffic8nl financial risk identffied ty the trustees r8latss to Incomg ￿nern￿On. Th8 charity is rèliant on a
range of fundlng streams. ar￿ any reduction in these Sources could affe¢t the ¢harity's abilty to delwer its
obj8cbvg5. To mitKJate this, the thjsteès are focused on..
mmitoring Income and expenditure closely to ensure earty klentlfication of Sh￿ra118.
malntslnlng a prudent levd of re8erve$ to provide a flnancial buff8r.
seeking opportunitigs to dfversty incorne Strèams where po3wblo.
Whole the cJ)arttys finar￿la1 risk managgmert proce&8es fomaln proportionate to 118 siz?, th• tru8t••s are committed
to strengthening Ihesg arTangemenl6 ovèr ￿m•. induding considèring the introdu¢tlon of a d8k register Bnd a more
fornial review process.
Looklng ahead, the Irustèa# have identif*d sever81 extemal factor8 that could infiuence the charity'6 financial
perfomBnce:
Funding Environment.. Ongolng inflationary pressure$ and cost of livty ¢h•lltngès could impact donors.
abillty to gfve.
Incorn? Gonttration Capacity.. A dedine in donations could ￿$the1 the charity's ability to 8UStaln118 current
level of 8¢Uvlty. Dlversifying incom& rem8lns a key StraI￿1C priority.
Rlsing Operation81 Costs.. IrKr8ased costs $uch as utilitses and payroll may place pressure on eXIs￿Nd
budgèts and reserves.
Regulatory or Policy Changes.. Any changes to charity rggulauon or law could impaci 0￿rational or
ffinancial plannlng.
The trustees wll continue to monllor these fadors •YJ adapt the chprty's plans and fin￿￿la1 management
a¢cordIng￿ to help ensurè ra￿11&ne@ and lonfftrm sustainablllty.

THE JOBS FOUNDATION
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Looklng Amad to Phas¢ 3 •nd 2025
With the suceessftd rgcwuiiment of ov8r 1.000 bu81r￿S badeTS Snto our Bu61ne88 c(￿nCIl, the Job8 Foundatlon 18
now fijlty f0CL￿8￿ on Pha88 3.. ExecullThJ ow mlssion on a n￿￿Onal scale.
Phas• 3 12025 ¢mv4rds) maths thè shift from bulldSng our pwom lo aclfvely dgllweriNJ impaot. both through
shaping publ￿ policy and empowerfng bu81nesse8 wlth practlcal tools to drive induslve 6mploym8nt.
1. Practlcal Work: Supportlng Bu#lne8se8 to Do Ev•n klor•
Our locus in 2025 is to lay the foundalions for a major new InlUatSve- th& Jobs Foundatlon Ac¢rodltatlon Schemo
set to roll (yJt in 2026. This Sc￿Me will recogniBe and celebrnte businesses that e¥empJify outstandlrvJ
re¢ruMment, lrnining, and upsklllln9 pr8ctr(xs, fccuBlng on indlvlduals frorn dlsadvanlaggd backgrounds into long-
tem employment.
In preparat￿￿ for Ihelounch, wo wll-.
Publlsh 8 newLadders of Opp(¥tunily reportln AUlUrr￿ 2025, 8howc881ng examplary mode18 of
employment4ed 8￿la1 motilty from 8er0s8 UK.
. C(mvene a Stserfng COMM￿ of experl8nced busfine88 and clvH 8odèty leadern to guide dèsign of ihe
Ac¢ffjdltatKJn Scheme.
Worf( dosely ￿th our 8u8in888 Councll and natlonal bU￿n￿8 ne￿￿rkS to en8ure vJid• adOP￿On and
imm.
2. Pollcy Work. Chompl¢nlng PrfyJob6 R•fomM%
On8 of tha Govtmmttnvs core aMb￿on9 Is to in¢rea3e the UK employment r81e lo 80°A, bringing million more
people into the workforce. The Jobs Foundauon - and our Businèss Councll- strongty suptx)rt8 this goal. However.
empbyer3 have highlighted their cone•m8 Ihal the wider pollcy 8nvironment {5uch as hioher Employer'8 National
Insurance Conlribulons and the Employmènt Righls Bllll ￿11 make tt mor8 difficult for them to help pe￿e from
weltsre Into wort.
In 2025, we wlll hlghlwJht th￿e Concer￿6, so pojky makws are aware of their polwual Imm the 8mbiticffi to gèt
more people Into work. ThrO￿h media erg898mènt, consultation respMses, events, and divecl dialo9￿ wtth
policymakers, we will advocate for r8forns that unlèash the power of enterprise lo'Get Britoin Working. again.
3. Dmponlng L¢cal E￿gagem9nt. Roglonal Councll8
At the heart of our model is the Jobs Foundalion Businass C(yJncil, over 1,(KX) members sirong. In 2025, we
will dggpen ￿ reach and Impact Ihrcwgh the creBtbn of thr•• new Reg5onal Councll8. These 10¢81 forums VAII
promde a direct channel belween frontline busin88sÈs and our nalional strategy. ensuring that our w<xk reflects the
reallues, Innovth'ons, and challgrvJ88 faced by fim18 In every part of the UK.
We b81kn that I(￿1 buslnossa8 arè not just am￿0Yers, they are plllars of trust and character In their communll88.
By gmpowering them wilh the tods. netsvorks. and recognition they deserve, we can drive real 8(Kial change from
the ground up and ensure tyJrAccredSlation s&￿rne refl￿ts tha n88d$ and concem$ of bcal communlOe8.
Ctyidu•lon
2024 was a dofinlng year for the Jobs Foundallon. With our foundational research pub￿shed. our Business Counul
IhrNMig, and pollcy 8ryagemenl underway. we are now well-positioned to fvlfll OUT mlsskjn: t*lplng bu81ne88e8
move people from povoty Into prosperlty throwJh the dignity ofwork.
Th8 tru8te88 w18h to thank cmjr stsff team. supporter8, partners. and BusSnos8 Cwncll n*mbws ftr thglr bellef in our
work and for helping buihj a Thbjvgrnonl that ch8mplons bu8lness BS a force for good.

THE JOBS FOUNDATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structur0* go¥•man¢• and m•nag•mgnt
The Jobs Foundathon is a charitable company limlted by guarantsg. The Foundation wa$ 9ranted Charitab￿ stslus
in May 2023 and fomially launched In S8plembgr 2023. It was set up under a Mernorandum of Assouation which
sets out its objects and poww8 and is govern￿1 under Its Articles of AssoclaUon Ilncorporated In February 2022). It
18 a registerad ¢harlty 1202928 as w911 os a Privats Limltsd Company by guarantee {139442071.
The tDJStees, who are 8180 the directors for the purp08e of company law, arKI who s8Ned during thè year and up lo
the dote ol signature of tho financlal stsl8m8nts were-
Lady S AnStwthgr￿ough-CaIthOT
N A BBxter
S Boyd
D S A Chakravaty
N AGam&$19r
V Hgwson
CAJdly
AA Rankin Frt)$t
M G C Webster
A H Allum
{Roslgned 10 Septamber 20241
{Re8ign&d 10 Do¢ember 20241
(Appointed g July 20241
(Appointed 10 December 2024)
R•crultment and aPWntm•nt of tru•tees
As set out in the Artides DfAs80Ciation. trustees are apwlnted for Ihree-year torms of office 8rKI may onty seNe for
three fvll terms {nin8 y88rs in totall.
All new Tnjstees are onboarded suffid8nty and rgmlnded of their respon5ibiliti85= thelr legal oNigaYons under
charity and company law, the Charity Commission guida￿¢ on publSc benefit, aThJ the contenl of the Mwnorandum
and Arbdes of Assodation,
AII tru8t8es glve thelr Ilme voluntsrfly and recelve no ban&fits from the th8rity.
Th$ Job$ Foundatlon has built a strong board of trustees vllh a range of skills to 8UPPOrt the charity'$ missl¢)n.
combining l•gal. charilable, pollcy and tr4JBin&ss eX￿￿orr￿.
All our truslegs arè dadicated lo supporting Jobs Foundation's wortt In supportlng people move from poverty artd
unemploymenl Into work. supported wrth greal trdining, through iheir combinad knovAec>Je, tslont, and dedication to
tho work of the organlsauon. Board Ma￿1ngS oc￿rfi>urt1meS a year.
Ex•cutlve team
Thg Jobs Foundalon 18 m8nag8d by Georuièna Bristol {Cnlef Execulvel and M8tthew Elllott IPre61dantl. who arg
)inly responsible for all aspects of Ils affair8 and are responsiNe for a¢hlovlng Ils go815.
Details tsf st8ff remuneration al￿ ￿lated paty tr8nwtlons are di9do8ed wlthln the ac¢ounts.
The pay of the senior staff 15 revi8w8d annually and rK)malty in¢rea8ed In accordance with aver8ge 8amlngs. In
view of the natur8 of the charity, the dlrectors b8nchmart 8galnst pay levels in othgr charities of a similar size.
The trustees, report was approved by thè Board of Trustees.
N A Gam&stgr
Tru8t•
..29th September 2025...........................

THE JOBS FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE JOBS FOUNDATION
I report to the tnjstees on my 8xamin8tion of the flnand81 statements of The Jobs Foundauon (tho charity) for tha
year endad 31 D￿mber 2024.
Rospon•lbllltlo8 and ba818 of report
As the INstee8 of th& charfty land altso its direct￿8 for the wrposes of company law), you are rosponsible for the
prppar8tion of the flnanclal statements In a(£ordance vAlh the rgqulrements ofthe Companl8s Act 2006.
HaV￿J satlsfied myself thBt the ffinanclal 8ts1ements of the ¢harlty are not raquir8d to be aL*JW un(lsr Part 16 of
thé Companias Act 2006 and are ellglble for Indfrpfrndent 8X8mination, I raport In respect of my ex8mination ol thè
chartys finandal state￿ntS carried out under s&¢tlon 145 of the Charrfitr$ Act 2011. In carying oul my examination
I h8v& fdlowed the Dlrecllons given by the Charity Corrimlsslon under section 14515Xbl of th8 Charitie8 Act 2011.
Ind•pendent examlnerf¥ 8t•t•m•nt
Sln¢6 the charitys gross income ex¢eede<l £250,000, the independgnl examiner must b8 8 rnember of o tody listed
In section 145 of the Charltie$ Act 2011. 1 confllln that l am qualtfig(I to undertake the examination because l am
member ofthe Institute of Chart•r8d A¢¢wnlanls in England and Wales, which Is ong of the Ilstsd bodlÈ8.
I hava comtknd my exaThMnallon. I ￿nI7￿7 that no matters havg ¢c4ne to my 8ttentlon In conn8ction ￿ the
examlnatlon giving me cause to believe that In any material respect
accountirg records ￿re not kept in respect of the (l)arity as Tequlred by $OL￿On 386 of the Companles Act
20Ch8.
the financlal statement8 do not accord wrth those records,. or
the financlal stslements do not comply Ylth tho accountiNJ rèquTrments of sedon 396 of the Companies Act
2(K)6 other than any requirgmtrnt th81 th8 flnandal statemènts glve a true and fair view, which is not 8 matter
conBidered as part of an Indèpènd8nt examinatlon,. or
the fin8ncS8l stat8m&nts have not been prepared In accordance wlth the melhods and prfndples of the
Slal8ment of Recommended Practice fDr accounting And reporting by charitse8 appllcable to tharttle$
preparing thalr ffinanoal Statements in aco)rdarbCe Wth the FinanrAal Reportlng sts￿laTd appficable in the UK
and Republic of Irdand IFRS 1021.
I hava no C(￿M$ and have coma across no other matters In connection wrfh th8 exAmlnotlon lo which attenllon
8hould b8 drawn tn this report in order to 6nable a proper understondiry of the financial statornents to b? reached.
Llsa Johnst(*n FCA
for and on behaw of
Roggrs Spen￿r
Newslead House
Pelham Road
Noilingham
NG5 1AP
q.10g12025

THE JOBS FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
UnT￿trICted Unrestrlcted
fvnds
funds
2024
2023
Incom• from:
Dcfflations and legèues
648,870
477,842
Total Incom•
648,870
477.842
Expondltur• on:
Charltsble actiMtig8
634.546
489,161
Total •xpondllur•
634,546
489,161
N•1 ineom&1lex￿nd1¢ur•) and movemant In fvndty
14,324
111.3191
RxoncSllation of funds:
Fund balances at 1 January 2024
8.658
19.977
Fund bal•n¢e8 at 31 D0￿Mb￿r 2024
22,982
8,658
The statement of ffinanolal actIvit￿6 Includ8$ all galns and losses reccgnlsed in the year. All income and exp8ndlture
dertve from continuing activlUgS.

THE JOBS FOUNDATION
BALANCE SHEET
ASAT31 DECEMBER 2024
2024
2023
Fix•d a8•0ts
TangIb￿ assets
2.430
Curront aBBets
Debtors
Cash ot bank 8nd In hand
10
28.250
18.201
36.743
38,723
46,451
Creditern: amourts hlllng due wlthlft
on• yoar
11
118.171)
138.283}
N•t ¢urront amets
20.552
8.168
Tetal Iv• ¢urrnnt liabillti
22,982
Th• funds of ¢harfty
Unrestrfcted fijnds
13
22,982
8.658
22,982
The company Is entitled to Ihe exQMpfj(￿ from tha audli requlrement contalned In sedlon 4T7 of tho Companies Act
2006. for the year ended 31 Decemb8r 2024.
Th8 dire¢lc*s ackno￿8￿ge their responslbilitigs for cOmpl￿ng ￿ th8 r8qulrem8nt8 of th8 Companles Act 2006
wlth respect to ￿nting re¢ord8 and th& prèp8r8tlon of financial slatemgnts.
The memivs have not required the ¢ompany to obtaln an aLwJit of ils financial thments for the y88r In question In
accordancg with secllon 476.
Th880 ffinanci81 statements have been pr8par8d in accud8nce tho provl$i¢)n8 appll¢oble to compBnleB 8ubl&
lo ts small cornpan19s rogime.
The Ilnancial &alements were approved by the Iwstees on ...29th S•ptamb•r 2025......................
N A Gamester
Tru8t••
Company reglstrnlon numb8r 13944207 IEwland and Wal881
-10-

THE JOBS FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Ca$h flows from opgr¥ting actlviti•$
Cash generatgd fromllabsort*d by)
opgrations
16
21.458
112,662}
Inv•sllng actlvftl•
Purchase of tangible fixed a858ts
12.916}
¢a•h used In Investlng actlvStlo*
12,9161
Net cash pn•r4tsd from finandng 8ctlvltle$
N•t Incr•as•lld•¢rna8el In ¢a•h and cash
•qulvalents
18,542
112.662)
Cash and cash equNalents at beglnning of year
18.201
Cash and cash equival•nts at end of year
36,743
18,201
11

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢counting pollcles
Charlty Inforniallon
The Job8 Foundation is a chadty, Ilmlted by guarantee In England & Wales. that offers pracU¢al assistance to
t￿$1￿￿*8eS as ￿Y nTh)v8 P80ple from povgrty Into prosperity through ethlcal employment prgctlces. We s88k
to ensure 8rltBln 18 o place wher8 businesses can flourish so they are an offective tool for allevlaung poverty
and un8mploymenL
Tho regl*red offlc8 18 33 c￿nOn Street, city of London. EC4M 5SB,
On 3 May 2023, The Job$ Found8fjon wa8 granted charllablo status.
1.1 Accountlng conv•ntion
The financial statements havo been prepared In ac£ordance wth the chorftys governing document. th
Companies Act 2006, FRS 102 The Financial Reportlng Standard applicèL4e in the UK and Republic of
Ireland" I'FRS 102'18nd the Chariiies SORP 'A￿UntIng and Reporting by charit￿s.. Statement ol
omrnendgd Practkè applicable to Charltles prepari￿ their accounts In ac￿rdanCe wlth the Fin8w81
Reportlng StBndard applicable in th6 UK 8tMI Republic of Ireland IFRS 1021. {effectiv8 1 January 2019). The
chadty Is a Public Bengfft Entlty as deflnod by FRS 102.
Th8 chartty ha8 taken advantag8 of the provosions in the SORP for dwrities not to prepare a Statsment of
Cash Flows.
The fjnandal statemènts 8rn prepared in 6teding. whk* Is the fvnctional currBncy of tha charity. Monetary
amounts in lhasa financial statements are rounded lo the nearest £.
The financi818lai8m8nts have been prepared undar the historfi¥l cost corwenti¢)n. Th8 princlpal accounting
lidès Adopted are set out b810w.
1.2 Golng conc•rn
Al Ihe time of approving the flnancial ststements. truBtees h8ve a rea￿nabl8 8xperAation that Ihe charlty
has adequate reSOUTces to continug in operatlonal existence for the foreseeable future. Thus the trustee$
corttinue lo adopt Ihe golro concem ba&s of accountlng In preparing the financial 8ts1emenls.
1.3 Ch•rltsble funds
Unrestrictèd funds are avallable fr)r uso al the dI￿r￿li(￿ of thg trustaes in furth8ranc6 of thelr tharTtable
CAl￿e8.
R•strfct8d funds 8re 8ublect to specific conditK)ns by donors or grantors as to how they may be used. The
rAifp08e8 8nd u888 of the restricted fund8 are set ¢JJt in th8 notes to the )Inanclal stotoments.
1.4 Incom•
Income15 reojgnlsed when the charity Is legally 8nlUed to il aft8r any perfomance condrlion$ have be8n nMt,
th8 amounts can be rneosur8d reli8bty. and it Is probablg that income w511 b& recgiveLI.
Cash donations are rerw)gni$8d on r8¢6iPt. Other donallon8 ar8 recognlsed once the ¢h8Trty has i>een noUff8d
of Ihe donation, unless performancg condTtions r8quir8 d9ferdl of the amount. Income tax recoverable in
relatlon to donalons roceivo(J uNJer Gift Aid or deeds of covenant 18 rwnised at lh& time of the donation.
Le9acles are re¢ognbyed receipt or othe￿ise If thè chaftty has been notifi6d of an impendlng dl8trlbution.
the amount 18 known. ond ￿¢81p1 18 6XP8Cted. If th& amount 58 not known. the legacy Is treated as a
eontirYJent asseL
12-

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Ac¢ountlng pollcle•
{C￿lInU•d)
1.5 Exp•ndltur•
Expenditur8 Is reccNJni88d ￿ce there Is 8 ￿81 or COr￿t￿Ctive obligabon to transfer economt b8neflt lo
third party. it Is probable that a transfer of economlc bengfiis wlll be required in sètuemenl, and the amount of
lh8 obligation can be measured reliably.
ExpendItu￿ 18 classlfied by acliwty. The ¢xJsts of each xti¥ty ar8 made up of the tolal of dlrect ry)8ts aThJ
sha￿d costs. Including support costs invofve(I In undertaklThJ each acllvty. Dlr8Ct costs attrfbutsble lo a slng
acb"Mty are 8llocated difecty lo that actlvity. Sh8rod Costs which ¢Mtrfbute lo morè than one athty and
Support cos15 whith Are not attributabl8 to a singlè aclivty are apportioned be￿Ben those activ￿leS on 8 basi
conslstenl wilh the use of resovro&s. Central staff ¢osts are all(Kated on the basis of tlme spent. and
dewaciation charg9$ ore allocated on lh• portion of the asset's use.
1.6 T￿gIbl• tlxod *880ts
Tangible fixed assets are initi81ty moasured at cost and SL4)sequ9ndy measured at cost or valu81ion. net of
depr8clation 8nd any Imparment k)ss8S.
Depreciation Is rgcognised so as to off th8 Cost or voluatlon of g$s8ts18ss their rpsidual values over thelr
U8eftJl Ilves on the follt)vAng bases.
FixbJr88 and fithJs
2 Ygars Straigm LSn
The gain or loss arislng on the disposal of an asset bs detsmlned as the differencg b9￿een the $81è proceeds
and the carylng value of th6 88Sgt, arHJ is re¢ognl$ed In the stat8m8nt offinancial octswti6$.
1.7 Impalrm•nl of fixed
At &ach ￿porting ènd date, ihe ¢harfty revièws th& ¢aryiTrJ amounts of Ils tangible assets to determinè
whether there 18 any indication that those assets have suffered an imp8imi8nt loss. If any such indicalon
exists, the recoverable amount of Ihe 8988t t8 estimated In order to detsrmlnè the extent of U)e Impainnent
loss Irf any).
1.8 Employ88 beneflts
The cost of any unus•d holiday enlitbment is recogni8gd In the period in which the employee's Se￿Ic￿ aro
rgcel¥8d.
Termin8tion beneffts are recognised immgdlately as an expènse when the charity Is d8monstr8bly committ&l
to t•minale the employmènt of an employ80 or to provble teM￿natiOn benefits.
1.9 R•tlrement b•noffts
Payfflents to defined ¢ontrlbutlon retirament benefft sch8m&s ore charged a8 an ¢XFfjnse as they fall due.
crttl¢al accounting •Stlfflate¥ and Judgement8
In the application of the ¢harlty's a¢￿U￿tIng policies. th8 truslees are requSred to make judgements, eslimales
and a$sumptions 8boul the carying amount of assets an(1 llabl1￿88 that are not readily appar•nt from other
80ur¢es. The estimat88 ana associaled assumpllons are bas•d on histOriC81 experience and other foctors that
are consldergd lo be Telev¥nL Actual resuh8 may differ from these estimates.
The estimates and underlying as$umptK)ns ar& revie￿Ed on an ongoing ba￿8. RevSsion8 to accountlr
esllmates ar8 facogni8ed in thè period in whlch 6stlmats 18 revlsed where the ievl4on affects onty that
peiiod. OT In the perlod of the revlslon and ftrture pgriods wherg ths rèvSsion affects iY>th ujrrent and ftjturo
perlod$.
13-

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Incom• from donatlon8 and109a¢les
Unr•strlct•d Unr08trffict•d
funds
fund•
2024
2023
Donations and glfts
648.870
477,842
Expendlturn On ch•rltsblo actlvftie•
Total
2023
2024
staff costs
Depieciation and Smpalmient
Rent
Prfntlng & stsllon
SubsrJiptions
Computer expensas
Td8phon$
Bank charges
Sundry expen$88
Equlpment
Lgjal fee8
Accountancy
Rècruitment expenses
PolllThJ costs
Exiemal rosegrch
Management & consultancy lee8
373.705
976
50,467
4.433
3.118
158,296
678
34,591
527
3,977
12
86
38
81
495
2,504
3.268
18.000
86,030
12,400
148.269
9,720
1,023
94.129
22.681
57.906
630,346
473,069
Shar• of gtsvernanc• costs Is•• nots 5)
Govamance
4,200
18,092
489,161
Analysls by fvnd
Unrestrfcted knds
489,161
Governance costs
2024
2023
A￿untanCY f888
4,2
16.OW2
The aLwe indudes £2,82012￿23. £2.70)) with regard lo ind8Fendent examination fges.
14-

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Trust￿*
None of Ihe tru6ts88 lor any per80n8 conngGt9d with thèm) r8ceived 8ny remun6rallon or beneffts from th
tharity during the year.
Employ••B
The average mcthly number of employees durlng thg y88r was:
2024
Mumb•r
2023
Numb•r
Eryloym•nt costl
2024
2023
w￿eS and $818rfes
Social securty costs
other pension costs
335,533
32,171
6.001
144.663
12,253
373,705
158.296
The number of empbyees vthose annual femuneration was more than £60.(
Is as folk)ws:
2024
Numbor
2023
Number
(AS rnstatedl
£60,￿0 to £70.QYJO
£80,000 10 £9),000
£90,C4)O to £100,000
R•mun•ratlon of k•y marIa￿ment p•rsonnol
The remuneration of key management p8rsonnel was as frAIows:
2024
2023
IA8 r•statod)
Aggregate compgnsatbn
182,912
91,106
Prfor y•ar r0Stat•m•nt
It was identified th81 the comparatives for 8mploye8 bandlngs & Key Management Personnel above were
incorrect and have Ihgreforg been rgstslgd. This is a restatement of a dlsclosure only and does not affect any
other figur8s in the fin8niial statements.
Toxatlon
The charfty is oxempt from taxation t)n Ils actlvlties beCa￿e 011 Incom8 Is applled for charftoble purposes.
15-

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
T•nglbl• ffix•d a88ets
Flxlwets
CoBt
At 1 January 2024
Additi￿8
1,356
2,916
Ai 31 De¢ember 2024
4.2n
D•pr•clatlon and Imp•lmwnt
At 1 January 2024
DepreC￿tiOn Cha￿6d in the year
866
976
At 31 t)ecember 2024
1,842
Carrying •mount
At 31 Dec8mbgr 2024
At 31 D8cember 2023
490
10 D•btor8
2024
2023
Amounts falllng due wlthln on• ￿r.
Olherdebtors
Prepaym8nls and 0￿rUed income
28,250
28.250
11 Credltors: amounts falllng due wlthln on• y•gr
2024
2023
Other taxalon and social securtty
Trade Cred￿￿S
Other creditors
A¢cruals and deferred I￿0Mè
12,045
1,694
8.684
25.125
4,432
18,171
38,283
12 R•tlrement lJen•fit gehèm••
2024
2023
D•fin•d contrlbutlon s¢hem•8
Charge to profil or1088 in respect Ofdefl￿d contribution scheme5
6.001
1,380
16-

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 R•tlr•ment benefit schemts
Iconllnuedl
The Cha￿ operdles 8 d8flnod contribution p9nslon sch￿• for all qualifyirwJ employèe8. The 888ets of th8
scheme are hold separatoty from those of the chority in an Indepermlenlly admin18tergd fund.
13 Unrostrlct•d fund$
The unrgstrlcted fun(Is of th• charity comprise the unexpend8d bolanc88 of (knotlons and grants whlch are
not Subject lo specific Conl￿onS by donors and grantors as to how tw may be u8od. These indude
designated funds which have bgen $91 askle oui of unrests￿￿ fvnds by the trusle&s fr)r specific purp0808.
At 1 January
Incomlng
2024 rnsour¢es
Rg*oure•s
exp•ndod
At31
D•combBr
2024
GBngr31 funds
8,658
648,870
{634,5461
22.982
Pr•vlous y•ar:
At 1 January
2023
Incomlng
sourcos
R•sourc•8
•xp•nd•d
At31
DecOm￿r
2023
General funds
19.977
477,842
{489,1611
14 Analy81• of n•t a88èts boiw#n funds
Unrn•trlct•d
funds
2024
At 31 D•cemb•r 2024:
Tangible a$8et8
Current assetsllliabllityg$}
2,430
20,552
22.982
Unro$trl¢t•d
fund8
2023
At 31 D•c•mb¢r 2023:
Tangible assets
Current asse￿{11•bII￿ieSI
8,168
8,858
15 Rolatgd party Iransactlons
Thère ware NJ dlsdosable r8latsd party tran8a¢tSons duriTrJ the yoor12023- none).
17-

THE JOBS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Cash g•nerat￿ from1{ab￿rbÈd by) operntloffts
2024
2023
Surplu81ldeficit) for the year
14.324
(11,3191
Adju$tments for.
Doprgdatkin and Impawmenl of tsroible fixed assets
976
678
Mov•m•nts In worklng ￿pItal.
Decreasbllincroasel In debtors
{Decreaseylncreaso in credito
26,270
{20,112}
{28.2￿)
26,229
CaBh g•n•ratsd fromllabsorbed by) operatlons
21.458
112,6621
18-