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2025-03-31-accounts

JOHN JAMES CHARITABLE TRUST

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Registered number: 328359

JOHN JAMES CHARITABLE TRUST

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS

Page

Trustees’ report 1-3 independent examiner's report 4 Statement of assets and liabilities 5 Receipts and payments account 6 Notes to the accounts 7-9

JOHN JAMES CHARITABLE TRUST

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||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |TRUSTEES|REPORT|FOR|THE|YEAR|ENDED|31|MARCH|2025| |Charity|Number:|328359| |Trustees:|G W|Reid| |P|J|Reid| |RP|Dunn| |C|G|Pate| |Principal|Office:|6 Mina|Road| |Wimbledon| |London| |SW19|3AU| |Bankers:|CAF|Bank|Ltd| |25 Kings|Hill Avenue| |Kings|Hill| |West|Malling| |Kent| |ME19|4JQ| |Independent|Examiner:|JCS|Accountants| |5|Robin|Hood|Lane| |Sutton| |Surrey| |SM1|2SW| |investment|Manager:|LGT|Wealth|Management|UK|LLP| |14|Cornhill| |London| |EC3V|3NR| |Objectives|and|activities| |To|promote|the|advancement|of education|in|the|Christian|religion|amongst|children|and|young|people.|

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To advance the Christian faith by providing grants to those undertaking training for a specific ministry.

To relieve poverty, advance religion, promote education and do anything charitable for the benefit of the community.

by making grants to parish churches and other organisations in deprived areas to support pastoral and support work amongst families in the context of which there is opportunity for individuals to explore the Christian faith.

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JOHN JAMES CHARITABLE TRUST

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (continued)

The trustees have complied with their duty under section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission when performing their role and duties.

The existing trustees are responsible for recruiting and training new trustees as and when required. The governing document of the unincorporated charity is its trust deed, dated 13 September 1989.

How our activities deliver public benefit

Training in ministry develops those who undertake the training as well as equipping them to serve communities in a variety of ways, including providing instruction in the Christian faith, pastoral care and counselling.

The activities run by the organisations which receive grants (many of which operate in deprived areas) are open to all families, children and young people in the schools or communities in which they are carried on, providing an opportunity for fun and enjoyment, personal care and support and to receive instruction in the Christian faith.

The individuals and organisations who receive grants provide regular feedback on their activities so that the Charity can be satisfied that those activities continue to be in line with the Charity's objects.

Review of the year

During the year under review, the Trustees continued to implement the strategy agreed in March 2022. This strategy involves ongoing grants to a range of individuals and organisations but also the establishment of a limited number of key partnerships where substantially larger grants are paid to support specific projects. Two such partnerships are ongoing. The Trustees continue to investigate opportunities for other such partnerships.

During the year under review the Trustees developed their strategy further and decided to provide support for those in training through bursary funds to a number of selected training organisations rather than by way of grants to individual applicants as previously. The Trustees believe this will be a more effective means of ensuring that funds reach those in greatest need of support since the various training organisations will determine the allocation of funds and they are better placed than the charity to make such determination.

The Trustees will continue to review and develop the grant-making strategy and ensure effective use of the charity resources for its charitable purposes.

Grant payments of £324,670 (2024: £265,530) were made during the year.

The statement of assets and liabilities now shows net assets of £1,257,613 (2024: £1,386,168).

Investment policy

The charity's funds are held in an investment portfolio managed by LGT Wealth Management. LGT's mandate is to seek to grow the capital value of the fund as the Trustees have determined it is appropriate to expand both capital and income to allow the charity to respond positively to applications for funding which meet the charity's charitable objects.

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JOHN JAMES CHARITABLE TRUST

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (continued)

Reserves policy

The Trust will always hold in reserve (i) sufficient funds to cover all grant commitments made for future years; (ii) such sums as the Trustees consider appropriate to meet the Trust’s proper operating expenses each year and (iii) such sums as the Trustees consider reasonable to meet any applications for urgent funding which may be received from time to time.

(he on behaftjof the trustees on 26 August 2025. G Reid a Trustee

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JOHN JAMES CHARITABLE TRUST

INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 MARCH 2025

| report to the trustees on my examination of the accounts of the John James Charitable Trust (the Charity) for the year ended 31 March 20285.

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).

| report in respect of my examination of your charity's accounts as carried out under section 145 of the Act. In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act: or 2. the accounts do not accord with those records.

| 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. Mix hei ei! Ne

Miriam Hickson CTA FCA

JCS Accountants

5 Robin Hood Lane

Sutton Surrey SM1 2SW

Date 10 Sepkeiwteay 02S

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JOHN JAMES CHARITABLE TRUST

STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025

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Note 2025 2024
£ £ £ £
Cash funds 39,852 172,552
Investments at valuation 1
COIF fixed interest fund 12,081 11,776
Listed investments 1,662,188 1,799,110
1,674,269 1,810,886
Unrestricted funds held 1,714,121 1,983,438
Other assets/liabilities
Debtors
Tax refund due .
Creditors
Grants committed 2 (454,300) (595,170)
Creditors 7 .
Accruals (2,208) (2,100)
Total assets less liabilities 1,257 613 1,386,168
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All funds held are unrestricted.

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Approxed on behalf of the trustees on 26 August 2025
G Reid
Trustee
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JOHN JAMES CHARITABLE TRUST

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

Note 2025 2024
£ £ £ £
Receipts
incomefrom investments:
Interest received
CAF account 180 452
Dividends and unit trust income received
COIF fixed interest shares 337 263
Listed investment income 21,273 18,102
Other income:
Tax refund _. _ 349
Gross income 21,790 19,166
investment sales proceeds 322,150 211,718
Liquidation proceeds 1 1,087,672
Total receipts 343,940 1,318,556
Payments
Grants and donations paid:
Children & Youth Organisations 123,750 131,770
Support for Full Time Training 149,720 93,760
Voluntary Organisations/Other 51,200 _____ 40,000
4 324,670 265,530
Supportcosts:
Investment management fees 12,311 6,827
Independent examiner's fee 2,100 1,350
Bank charges 60 60
Website and computer costs 135 250
Administration expenses : 2,615 a 2,355
17,221 ___-.10,842
Gross expenditure 341,891 276,372
Purchase of investments 134,749 934,557
Total payments 476,640 1,210,929
Net receipts/({payments) (132,700) 107 627
Cash funds brought forward 172,552 64,925
Cashfundscarriedforward 39,852 172,552

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JOHN JAMES CHARITABLE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 Investments

Donated investments

The investment held in FTL Holdings Ltd was donated to the Trust. At the time of the donation the market value was not readily available. It was liquidated during the year ended 31 March 2024.

Investments cost

2025 2024
£ £
COIF fixed interest shares 11,000 11,000
Listed investments 1,522,775 1,664,682
1,533,775 1,675,682
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2 Commitments

Before the year end, the charity had entered into the following commitments to pay specific grants under the trust objects over the next four years:

Commitments
at 31 March		 Newgrants
awardinthe		 Amounts
paidinthe		 Commitments
at 31 March
2024 year year 2025
£ £ £ £
Object 4 (A) Support of Children & 186,150 30,700 (123,750) 93,100
Youth Organisations
Object 4 (B) Support for Full Time 372,820 104,500 (149,720) 327,600
Training
Object4 (D) Support ofVoluntary 36,200 48,600 ( 51,200) 33,600
Organisations
595,170 183,800 (324,670) 454,300

Further commitments totalling £nil (2024: £92,500) have been entered into since the year end date.

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JOHN JAMES CHARITABLE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)

3 Accounting policies

The accounts of the Trust are prepared on a receipts and payments basis. Both the current and previous accounting periods covered twelve months.

4 Grants paid in the year

2025 2024
£ £
Object4 4 (A) Support of Children & Youth Organisations 123,750 131,770
Object 4 (B) Support for FullTime Training 149,720 93,760
Object4 4 (D) Support ofVoluntary Organisations 91,200 40,000
324,670 265,530
2025 2024
Number Number
Object4 4 (A) Support ofChildren & Youth Organisations 28 26
Object4 4 (B) Support for Full Time Training 41 45
Object 4 (D) Support ofVoluntary Organisations 20 14
89 85
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Of the grants paid in the year, 35 (totaling £174,410) were paid to institutions (being churches, other charities or training establishments) with the balance paid to individuals. The average grant paid to an institution was £4,714.

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JOHN JAMES CHARITABLE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued)

4 Grants paid in the year (continued)

Grants considered to be material were paid to the following institutions:

2025 2024
£ £
Church Army - 13,000
Cross Connections 10,000 -
Crosslands 15,000
CrossTeach 35,000 25,000
Hidden Treasure Trust - 5,070
Inspire Football 30,250 30,000
Kids World Alive - 6,000
Living World International 8,000
Oak Hill College 10,000 -
Pathway - 5,600
Proclamation Trust 10,000 -
Scottish Cornhill 15,000
South West Youth Ministries - 6,000
St Cuthbert’s Church, Wood Green - 5,000
The London City Mission 15,000 -
Grants < £5,000 34,160 27,860
174,410 131,530
es

All of the charity's support costs relate to grant-making activities.

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