THE FOUNDATION OF JOANNA sco￿ AND OTHERS
ACCOUNTS
Year ended 31st MARCH 2024
Charity Reg18tratlon No. 311263

UN
AT
ON OF JOANN
sc
AND OT
ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2024
IN
Page
Ind•pondent examlnern raport
Balance 8he
Rocelpts and Paymonts
Noto8

DEP
DENT E
INE
TTOTHE
FO
DAT
F JOAN
THER
RTHEY
CH2
I report on the accounts of the Trust for the year ended 31s1 March 2024.
whl¢h aFe 8fr1 o￿t on p8g83 2 and 3.
Re•pectlve ro8pon$lbllltle• of tfugte88 and oxamlner
The ChaNV8 Tru6toe8 8fe rosponslblo for th8 preparollon oflhe accounts.
You con81der that an audlt18 not requlred for Ihl8 year, (under Secllon 144(2) of the
Charitles Act 2011 (the Act).
1115 rny re6pon31blllty lo slat6, on Iho ba815 of proixdui06 6p8dlkd In Ihe gaft8ral dlrectlons glven
by the Charlty Comm1881oner8 undér Sedlon 145(5)(b) of the Act. and stsle whether partlcular
matters have come to my attèntlon.
8a81• ol Independent oxamlnee8 •t8toment
My examlnatton was rArrled oul In accord8nc8 with Ihe general dlrectlons gl¥en by the Charlty
CommlbJloneT3. An èxamlnallon Includes a rè¥lew of the accounllng rec￿rd￿ kept by the Charlty
and a comparfson ol Iho accounts pre$8nted wlth Iho8e fecofds. It 8180 Includes ¢onBlderation of
any unu6u41 Items or dl8c106ur88 in th8 accounlg. and 8eoklng oxplanatlon8 from tho tru8ts88
concemlng any 8uch matters. The procedure8 undertaken do not provlde all the evldenrA thal would
be requlred In an audlt, and consequentty I do not expr088 8n audll opknlon on th6 acA)unt8.
Indep8ndont ex4mlnof• •latom•nt
In the cour80 of my examlnatlon, no matter ha8 com8 to my attentlon:
(1) whlch glv88 me fe88on8ble cau8e to belleve Ihal In any malerlal r88peGt the trustee8
have not met the requlrements to ensure thal:
<1) proper 8ccounllng record8 are kept (In accorda￿* wlth Secllon 130 01 Ihe Act),. and
{11) prapare accoun18 vthlth ac￿)Id with Iho o¢county rocords and ¢offlWy wlthll
accountlng requlrem8nt8 01 thè Act,. or
(2) to whlch, In my oplnlon, attentlon Should be drawn In order to enabla a propor
under8tandlng of the 8ccounl6 to be reach8d.
C H PHILLIPS
INDEPENDENT EXAMINER
PAGE 1

TH
UND
TIO
F JOANNA
COTh AND OT
BALANCE SH
AT 31st M
RCH 20
2024
2023
INVESTMENTS at markot value
Endownment portfollo
Charities Property fund
Reserve investment COIF Income units
3.215.899
43,964
63,2g9
3,052.701
46,571
57,974
Total investments
3,323,162
3.157.246
CURRENT A88ET8
Ca6h at bank, COIF and In hand
87,801
47,871
NETCURRENT ASSETS
3.410.963
5,117
FUND8
Permanent Endowment Fund8
General Fund
3,262.209
148,754
3,099,011
106,106
3,410.963
3,205,117
The accounts were approved by the trustee8 on:. Dats
and slgned on Iholi be
alf by
Tru8te8
PAGE 2

THE FOUNDATIO
OF JOANNA scorr AND OTHERS
RECEIPTS and PAYMENTS
FOR THE YEAR ENDED 318t MARCH 2024
2024
2023
INCOME
Divldends and Interest
Interest
Grant8 retumed l Not taken
Gran18 received
77,534
71,759
175
17
300
Total Incomlng re8our¢o8
77.728
72,059
EXPENDITURE
Grant8 for Indivlduals Includlng unlform8
Grants for Out of school activities 8nd Trips
Grants for Organisations
Other Grants
Admlnlstratlon
11,254
17,093
1,000
31,896
2D.926
1,900
101
8,045
8,449
Tolal r080urce8 oxpended
37,796
62,868
Exc888 of Incomel(expense8) over expendlture
39,930
CILI
ONOF
EXPENDITUR
2024
2023
Current account at Caler Allen
89,885
49,199
Less Transfer from Charity Property Fund
Less unpresented cheque8
2,084
87,801
1,328
47,871
COIF deposlt
Cash In hand
3110312024
87,801
47,87
Ca8h in hand
3110312023
47,871
Increase l (decrease) rn cash over the year
3g,930
14,726
Amount of Income l (Expenditure) In excess
39,930
9,191
PAGE 3

FOUN
N OF JOAN
COThA
RS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2024
Income is countsd when it is recelved.
Expendlture is counted when the cheque is drawn.
Loans to beneficlaries are always paid from income, so are counted as
payments when made and repaym8nts as receipts.
Durlng the year the Tw8t made changes to its inve31ment portfolio by
selllng and purchasing share8 as recommended by its financial advlsers.
The investments have been v8lued at 31st March 2024 as follows :_
Endownm8nt Portfollo - Barrett & Cooke
£ 3,215,899
Chafit168 Propety Fund
43,984
COIF Income Unlts
83,299
PAGE 4