Charity registration number 511088 MAURICE JAGGER CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
MAURICE JAGGER CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trugtees Margaret Mattingley (Chair) Geoffrey Wright ((Vice Chair) Doreen Uoyd (Shop Manager) Davld Greenwood June Spark Renee Webster (Appointed 25 March 2024) Management Commlttee Denise Tyas Ali80n Stevens TraY Poskitt (Minute Secretary) (Transport Manager) (Group Representatlve) Charlty number 511088 Prlnclpal addro59 The Maurlce Jagger Centre Lister Street Halifax West Yorkshlre HXI IUZ Independent examlnor BK Plus Llmlted 52 St Johns Lane Halifax West Yorkshire England HX12BW Banker• Lloyds Bank PLC Commercial Street Halifax West Yorkshire HX1 1BB
MAURICE JAGGER CENTRE CONTENTS Page Trustees, report Independent examinevs report Statement of financial activilles Balance sheet Notes to the financial statements 8-17
MAURICE JAGGER CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024, The financlal statements have been prepared in accordance with the accounting policies set out in note 1 to the financial Statements and comply with the charity's Igoveming documentj. the Charities Act 2011 and "Accounting and Reporting by Charities.. Stalement of Recommended Practice applicable lo charities preparlng thelr accounts in accordance wilh the Financlal Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 102) (effective 1 January 2019). Objectlves and acllvltlès The charitable objects were amended and approved by the Charity Commi85ion on 7 February 2024. The revised objects of the charity are:. to promote the welfare of all ages and le95 able In any manner which may be deerned by to be charitabl8, by providlng and maintaining a Day Centre for the purpose of recreation and other leisure time actlvltles In the interests of social welfare and wilh the object of improving their physlcal and mental wellbeing. to do all such Ihings necessary to achieve the above objectlves, includlng the holdlng of property and raising of fijnds from statutory and voluntary sources. Public b&nelit The trustees have paid due regard to 9uidan¢e i88ued by the Charity Commission In deciding what activities the charity should undertake. A¢hlevements and performance Slgnificant ac¢ivitles and 8chl&vementS 8g8inst objectives We are pleased to report that the Centre has beèn well used by many groups providing our clients wilh recreation and lelsure time occupations to improve their quality of life. Thanks to our team of volunteers we have Introduced more social aclivlties cn a Saturday. The Centre is now designated as being for the elderly and less able and lonely. The Truslees took a Stand at an exhibition for the over 55's In Calderdale, showing the facilities and actlvlties available at Ihe Centre, as well as advertislng locally. We also contlnued to support the free concert for the Young at Heart. The appearance of our building from the outslde has been improved by the renew81 of the vamlsh on our hard wood windows and al the same Ilme some of our inside doors. The boundary haG been fenced in, the walk way al the side and back have been concreted, making easy aGces5ibllity all round the building. The garden has benefltted by a volunteer coming on a weekly vi8it, weather permitted to keep it free from getting over grown. Our plans submStted last year to redesign our kitchen as the gas cooker and hood did not comply wllh health and safely. After various quotes were recelved a contractor was chosen and Ihe work completed July 2023, During September we were inspected by the food hygiene inspectorate and given 5 slar5. We have lost of our volunteers, our luncheon dub manager Michele. retlred due to ill health, our finance officer Jean and Chris our caretaker took retirement. each one, had given valuable servic8 to the Centre. Alison our senior administrator and Tracey have continued lo work hard dealing wilh our adminlstration and care of the buildlng. Transport is one of our top priorities as It makes the Centre easlly available to Ihose who are handicapped or disabled who are unable to use public transport or laxis. The bus station opposite has been c105ed all year, maklng it harder for those more able to get to the Centre. Vve look forward to tt opening in May 2024. Our plan for the coming year is to find a replacement caretaker to start April. To continue looking for a suitable new bus to replace one bus when we have all Ihe p0551bllilles and quotes. We look fonNard to the year ahead.
MAURICE JAGGER CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnan¢lal revlew The charlty had Income ft)r the year of £158,828 (2023.. £96,617>. The charity had expenditure for the year lotaling £118.535 (2023: £96.601). The charlty's investment assets showed net gains in the year of £38,420 (2023.. £22.76310ss>. The charlly had unrestricted funds to cary loard of £842.606 (2023: £783,893) at 31 March 2024. R8S8tves pollcy The trustees are aware of the fortLtnate positlon of the charity In having a sl9nifi¢ant level of resources and are aware of their responsibilities under the SORP to hold justifiable level of re8erves. The trustees have consldered this matter and conclude that due to the voluntary nature of all ils Income, they are at risk on incurring dèficits on a recurring basis. However they are aware that the current reserve5 of £842,606 are In excess of that requlred to ensure the continuation of the Centre's activities in the short term. Accordingly ihe Iruslees are looking at ways to utilise the reserves held, in a way that advance$ the charitable objectives, by creallng designated funds for planned expenditure. The trustees chose to designats £6.000 a year. towards the purchase of a new mlnl bus. At 31 March 2021 the trustees have chosen to increase the annual designation to £12,000 and this fund now totals £72,000 8131 Marth 2024. Added to this the trustee3 have al80 chosen to designale a legacy of £27,063 received from thè late Donald Short in the 2019120 year, towards the purchase of a minibus, it is the intention of the Irugtee5 thal thls new minibus will have the name ol Donald Short inscribed on it. A further legacy of £78,531 was received In the 2023124 year from Rosemary Mlller, a160 to be used for a new minil)us. and it is also the intentlon of the Iru$tees to inscribe Rosemary Millerfs name on the new minl bus. The total designated funds for minibuses therefore total £177,594. The trustees have chosen to designate funds toward the property renovation fund, and added £50,000 for a kitchen revamp, this fund tolaled £180.000 at 31 March 2023, During the last year the kitchen renovaliong have been completed. and so part of the deslgnated fund had been released. Leaving £120.847 as the balan¢e at 31 March 2024. The trustees conslder, that with careful malntenance of the reserves of the charity, there will be sufficient resource5 lo ensure a conslstent quality of servlce delivery to Iho elderly and digabled of Calderdale for many more years to Come, Investment pollcy The trustees have considered the m051 appropriate policy for investing funds and have concluded Ihe majority of the centre's funds should be placed on deposit with reputable banks, whilst also utilising balanced investment products lo increase investment income. Structure, governance and managemènt The charity was registered with the Charfty Commission on 20 F6bruary 1981 and is governed by its constitution adopied 26 January 1981, and as amended 3 December 1981, 29 June 1998 and 23 October 2023. The tTUStees who served during the year and up ID the date of signature of the finandal statements wer8.. Margaret Mattingley (Chalr) Jean Redford (Treasurer) Michelle Wood (Lunch Club Manger) Geoffrey Wright {(Vice Chair) Doreen Lloyd (Shop Manager) David Greenwood June Spark Renee Webster (Re51gned 28 August 2023} (Resigned 27 November 2023) (Appointed 25 March 2024)
MAURICE JAGGER CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recrultingnt and appointm8nt ortnist88S All Irustees are appointed on a voluntary basis, and do not receive any remuneratlon for their time, All expenses reimbursed to tru8lee5 are disclosed in the accounts. Organisalional slniclure The trustees meet at regular intervals to discuss, review and deal with ongoing affalrs of the Cenlrè. The trustees are appointed and provided wlth tralning by the exisling irustees. The day to day running and care for the Centre is Ihe responsibility of Christopher Peter the part.tlme caretaker. The 8dministration of Ihe Centre is the responsibility of Alison Stevens, the part time senior administrator, a part tlme admlnlstrator, Tracey Poskltt. The admlnistrators are also responsible for all the users of the Centre who are key holders, The cooking at Ihe Centre Is the SponsIbl11ty of Susan Mitchell, the part tlme cook. The trustees, report was approvèd by the Board of Trustees. Margaret Mattingley (Chalr) Trustee Dale..
MAURICE JAGGER CENTRE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees are responsible for preparing the Twstees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Pracllce). The law appllcable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair vlew of the state of affairs of the charity and of the incoming resources and appllcation of rèsources of the charity for that year. In preparlng these financial Statements. the trustees are required to.. select suitable accounting polictes and then apply them consistenlly; - observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent: state whether applicable accountlng standards have been followed. subject to any materlal departures disdoged and explained In the financial statements,. and prepare Ihe financial $tatemenls on the golng concern basis unless it18 Inapproprlate to presume that the charity will continue in operation. The trustees are responsible for keeplng sufficlent accounting records that discjose with reasonable accuracy at any tlme the financal position of the charlty and enable them to ensure that the financial slalements comply with the Charities Act 2011, the Charity (Account5 and Reports) Regulations 2008 and Ihe provisions of the trust deed. They are also responsible for safeguarding the a$sel3 of the charlty and hence for taklng reasonable steps for the prevention and detectlon of fraud and other iffegularities.
MAURICE JAGGER CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MAURICE JAGGER CENTRE I report to Ihe trustees on my examination of the financial statements of Maurice Jagger Centre (Ihe charity) for the year ended 31 March 2024. Responsibllltles and basls of report As the trustees of the charity you are responsible for the preparation of the finanual statements in accordance with the requirements of Ihe Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under se¢tion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commi88ion under section 145(51{b) of the 2011 Act. Independont examiner's Statoment Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accountlng and Reportlng by Charitles preparlng their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reportlng by Charities.. Statement of Recommended Practice i88ued on 1 Ap1 2005 whlch is referred to in the exlant regulations but has now been withdrawn. l understand that this has been done In Order for financial statements to provide a true and fair view In accordance with Generally Accepled Accountlng Practice effective for reporting period8 beginnlng on or after 1 January 2015. I have completed my examination. I confirm tt7at no matter8 have come to my attention in connection with the examination glving me cause to believe that in any materlal respect.. ac¢ountlng records were not kept In respect of the charity as reqUId by section 130 of the 2011 Act,, or the financial statements do not accord with those records; or the financial statements do not comply wilh the applicable requirements concemlng the form and content of accounts set out in Ihe Ch8ritles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 9lve a true and fair view which is not a matter con51dered as part of an independent examination. I have no concerns and have come across no other matter8 in connection with the examlnatlon to whlch attention should be drawn in this report in order to enable a proper understandlng of the financial slatemenl8 to ba reached, BK Plus Llmltsd 52 Sl John8 Lane Halifax West Yorkshlre HX128W England eivs knrnIcI
MAURICE JAGGER CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrostrlcted funds 2024 Unrostricted funds 2023 Notes Income from: Donations and legacies Charitable activities Investments 112,917 44,543 1,368 47,760 48,637 220 Total In¢ome 158,828 96,617 Expandlture on". Charitable activities 118,535 98,801 Total expendlturo 118,535 96,601 Net gainsl(lo$se8) on investments 10 38,420 (22,763) Not Incomellexpendlture) and movoment In fund8 78,713 (22,747) Reconclllallon of fund8: Fund balances at 1 April 2023 763,893 786,640 Fund balance# at 31 March 2024 842.608 763,893
MAURICE JAGGER CENTRE BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Nolos Fixed assets Tangible assets Investments 12 13 302,264 398,882 258,411 364,130 701,146 622,541 Current a$8et8 Debtors Cash at bank and In hand 14 5,449 139,118 4,354 139,927 144,565 144,281 Crodltors: amounts falllng due wlthln one year 15 {3,105) 12,929) Net current assets 141,460 141,352 Total a8sets1088 current Ilabllltlos 842,606 763,893 Nel assets èx¢ludlng pen8lon Ilablllty 842.606 763,893 The funds of the charlty Unrestricted funds 842,606 763,893 842,606 763,893 The financial statemenls were approved by the trustees on ......................... Margaret Mattingley (Chair) Trustee
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charlty Infomiation Maurice Jagger Cenlre is a registered charity, number 511088, regislered in England and Wale5 wlth the Charity Commisslon. 1.1 Accountlng conventlon The financial statements have been prepared In accordance with the charity's Igovernlng do¢um6ntl, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland. ("FRS 102") and the Charities SORP "Accounting and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities preparlng their accounts in accordance with Ihe Financial Reporting Standard applicable in th& UK and Republic of Ireland (FRS 102). (effective 1 January 2019). The charity 18 a Publlc Benefit Entlty as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepar8 a Statement of Cash Flows. The financial statements have departed from the Charities (Accounls and Reports) Regulation8 2008 only to the extent required to provide a INe and falr view. This departure has Involved followlng the Statemenl of Recommended Piactlce for charities applying FRS 102 rather than the veTslon of the Statement of Recommended Pral¢e whlch is referred to in the Regulations but which ha8 since been wllhdrawn. The financlal slalements are prepared in sterling, thich is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convenllon, Imodified to include tha revaluation of freehold properties and to indude investment propertie8 and certaln financial instruments at falr valuel. The prlncipal aCunting policie8 adopted are set out below. 1.2 Golng ¢on¢em At the time of approving the finanaal statements, the trustees have a reasonable expectation that th8 charity has adequate resources to continue In operational exlstence for the foreseeable fijlure. Thus the trustees conllnue to adopt the going concern ba8is of accountin9 in preparing the [nanCIal statements, 1.3 Charltable funds Unrestricted fund$ are available for use at the discretion of the Irustees In furtherance of thelr charitable objectives. Restricted funds are subject to Specific conditlons by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are sel out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capltal must be maintained by the charlty. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donatlons are recognised on receipt. Olher donations are recogntsed once the charity has been notified of the donatlon, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Glft Ald or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or othenNise rf the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy Is Ireated as ontingent asseL
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Iconllnued) 1.6 Expendlture Expendlture is recognised once there is a legal or constructive obligation lo transfer economio beneflt to a third party, it is probable that a transfer of economic benefit$ wlll be required in settlement, and the amount of the obligxtion Can bè measured reliably. Expenditure Is cla555fied by activity. The ¢osts of @ach activity are made up of the total of direct costs and shared costs, Induding support costs involved In undertaking each activity. Direct costs attributable to a single actlvily are allocated directly to that aclivity. ShaTed costs which contribute to more than one a¢tivlty and 8UPPQrt cost$ which are not attributable to a single actlvity arè apportioned beeen those activities on a basls ¢onsislent with the use of resources. Cenlral staff costs are allocated on the basis of tlme spent. and depreclatlon ¢harges are allocated on the portion of the asset's Use. 1.6 Tanglblo flxed a$$ets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of deprecSation and any impairment losses. D8preciation Is reLX)gnised so a5 to write off the cost or valuation of 888ets less thelr re$ldual values over thelr useful lives on the followlng b8se$'. Freehold propety and garage Fixtures and fittings Computers Minibu8e8 not provided 20•A redudng balance 33Yo on cost 20% redudng balanc The galn or loss arising on the dispos81 of an asset is detem)Ined as the difference bee8 the sale proceeds and the carrylng value of the asset, and is recognised in the statement of financlal activitles. 1.7 Flxed asset Inve6tments Fixed asset investments are Inltially measured at transaction price excludlng transaction cost8, and are Subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net In¢omel(expendilure) for the year. Transaction costs are expensed as incurred. 1.8 Impalrnent of fixed assets At each reporting end date, the charity reviews the cairying amount$ of Ils tangible assels to determine whelher there is any indication that those assets have suffered an impairment loss. If any such indicallon exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.9 Cash and cash equivalents Cash and cash equivalents indude cash in hand, depo$its held at call wlth banks, other short-term Ilquid nvestments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown wlthin borrowings in current liabilities. 1.10 Financlal Inslruments The Charity has elected to apply the provlslons of Section 11 '8asi¢ Financial Instruments, and Section 12 'other Finanual Instruments Issues, of FRS 102 to all of it5 financial instruments. Financlal Instruments are recognised in the charity'5 balaneR sheet when the charity becomes party to the contractual provislons of the instrument. Financial assets and liabilities are offset, with the net amounls presented in the financial statements. when there is a legally enforceable right to set off the recognised amounls and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Icontlnued Baslc Ilnanclal assets Basic financial assels. which indude debtors and cash and bank balances, are inltially measured at transaction price including transaction costs and are subsequently carried at amortlsed cost using the effective interest method unless thé arrangement constitutes a financing transaction, where the transaction Is measured at Ihe present valuè of the future receipts discounted at a market rate of interest. Flnan¢lal as8ets classified as receivable wlthin one year are not amortised. Baslc financlal Ilabllltles Baslc financlal liabilities, incjuding creditors and bank loans are initially recognised at transaction pric8 unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the fulure payments dlscounted at a market rale of interest. Financial liabillties classified as payable within one year are not amortised. Deljt instruments are subsequently carTied at amortised cost, uslng the effectlve Interest rate method. Trade credltor$ are obligations to pay for goods or seNi¢es that have been aewuired in the ordinary course of operations from supplSers. Amounts payable are da8sified as current liabilllies if p8yment is due wSthin one y6ar or less. If not, they are presented a6 non-current liabilities. Trade creditors are recognised inltially at transacllon prlce and Subsequently measured at amortised cost using the effective interest method, Derecognltlon olflnanclal Ilabllltles Financial Ilabllltles are derecognised when Ihe charity's contraclual obligations expire or are dlstharged or cancelled. 1.11 Employeo benèfll8 The cost of any unused holiday entitlement is recognised in the perlod In which the employee's $ervl¢es are received. Tennlnallon benefits are recognised Immediately as an expense when the charity Is demongtT8bly commltted to terminate the employment of an employee or to provide temilnalion benefits. Crltlcal accountlng e$tlmate$ and Judgemfyntg In the appllcation of the charity's accounling pollcies, the trustees are requlred to make judgements, estlmates and 88sumptions about the carrying amount of assets and liabilities Ihat are not readily apparent from other sources. The estimates and assoated assumptions are based on historical experfence and other factors that are considered to be relevant. Actual results may differ from these estsmates. The estlmates and underlylng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only Ihat pèriod, or in the period of the revision and future persods where Ihe revision affects both current and future perfods. 10-
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Incomo from donatlons ond1ggacl8S Unrestricted fund8 2024 Unrastrlctad fund$ 2023 Donations and gifts Grants 112,014 903 46,915 845 112,917 47,780 Grants recelvablè for core actlvltles Bus Service Operators Grants Ward Fowm 403 500 345 500 903 845 Income from ¢hailtablo actlvltle8 Unrestrlcted Unrestrl¢t8d fund8 fund8 2024 2023 Contre actlvltle8 Bazaars, autumn fayre etc Sale of goods Transport donation8 Luncheon club 5,251 6,918 7,895 24,335 4,955 7,121 9,050 22,265 44,399 43,391 Income from Investments Unrestrlctsd Unre5trl¢ted funds funds 2024 2023 Interest receivable Olher fixed asset invest- Fll 1,368 144 220 5,246 1,512 5,466 11
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on chayltable activitles Centre actlvlt85 2024 Centre actlvites 2023 Dlrèct costs staff cos18 Depreclation and impaimient Premises cost$ Office Gosts Stafflvolunteer costs Professional fees Motorltravel costB Other costs Advertlsing and spon50rship 40th Anniversary costs Luncheon ¢b expenses 46,284 15,301 23,993 1,408 600 1,594 7,866 3,802 560 42,248 9,568 13,661 1,196 75 3,757 7,937 551 1,366 1,485 12,349 14,799 116,207 94,173 Share of support and governance Ctal600 nots ) Support Governance 2,328 2,218 210 118,535 96,601 Analyslg by fund Unrestricted funds 118,535 96,601 Net movement In funds 2024 2023 The net movement In funds is staled after chargingl(creditlng>'. Depreclatlon of owned tanglble fixed assets 15,301 9,568 Trustees None of the trustees (or any persons connecled with them) received any remuneration or benefits from the harity during the year. 12-
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employee5 The average monthly number of employees during the year was: 2024 Number 2023 Numbèr Caretaker Admlnistration Cooking Totsl Employment costs 2024 2023 Wages and salarles 46,284 42,248 There were no employee$ whose annual remuneration was more than £80,000. 10 Galns and10880$ on Investment8 Unre8trl¢ied Unre8trlcted funds fund8 2024 2023 Gainsl(Iosses) arising on: Sale of Investments 38,420 (22,763) 11 Taxatlon The charlty is exempt from tax8tlon on Its activities because all Its income 15 applled for charitable purpo$e8. 13-
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tanglble flxed assèts Frnèhold Flxtur•s and op•rty and fittlngl Coinputers Mlnlbuses Totsl Cost At 1 Aprll 2023 Additions 209,883 107,396 57,978 3,708 1.175 69,923 390,910 59,153 At 31 March 2024 209,883 165,374 4.883 69,923 450,063 Depreclatlon and Impaimient At 1 April 2023 Depreclation charged In the year 63,944 13,874 3,678 418 64,876 1,009 132,498 15,301 Al 31 March 2024 77,818 4.096 65,885 147,799 Carrylng amount At 31 March 2024 209,883 87,556 787 4,038 302,284 At 31 March 2023 209,883 43.452 30 5,046 258,411 13 Flxad a888t Investments L18tad invostments C08t or valuatlon At 1 Aprll 2023 Valuation ¢hange8 364,130 34,866 At 31 March 2024 398,998 Carrylng amount At 31 Mardi 2024 398.996 At 31 March 2023 364,130 14 Debtors 2024 2023 Amounts falling due wlthln one year: Other debtors Prepayments and accrued income 1,883 3,566 1,250 3,104 5,449 4,354 14-
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Credltors: amounts falllng due wlthin one year 2024 2023 Other tsxalion and social sècurity Accruals and deferred income 299 2,806 296 2,633 3,105 2,929 15-
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Unr••irf¢i•d fund• Th• imr•ilrtclod fundi of lh• tb8rlty com11th• un•xp•nd•d b•l•ncoi cl donalkn¥ gr4nls vthl¢h •r• not •p•dfi¢ ¢Mdltton• by ¢onor• •nd qr•ntori Is 10 howlh•y b• umd. Th•1• Intkd• doind lundlwthkh hw• b•en •ild• TrsIr1d•d frJnd• by iho tsuit••iforspaemc purpose•. Incomlnq R•¥ouic•• r•Aoure• Mp•nd•d Tf•n•l•r• GAln• •nd At31 Mirch los•È 2024 2025 O¢n•rJl fvnd Oeslgnal•d lund.. Mknlbui•$ D•slunaled lund.. Proyrty A0val¥ Revqluallon mierv¥ 481.7QS 87.063 180.000 35,125 40.297 78.531 1118,5351 47,153 12,000 159,1S51 470,620 177,594 120,847 73,S45 31,420 763.693 168,828 1118,S361 38,420 842.808 Pr•vlou¥ y•r, t1Aprti 2022 Incomlnp Re•Ou• r••our¢•• •xp•nd•d Tr•n•l•r• Quln• and At J1 Mir¢h 2023 Gener81 fund D¢%lEn8led fund.. Mlnltuiqj D•8lgn8led fvnd.. Property Renov•llM¥ De8lgnalod lund.. 40th Annlversary R8¥81uwlloTh reseryo 464,064 76,083 180.ODO 8.825 S7.88B 93,291 195.1361 481,70S 87,063 180,000 12.000 3.328 11,4851 111,4861 122,7631 35,125 786.640 96,817 122,7831 763.893
MAURICE JAGGER CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Relatèd party transacllons There were no disclosable related party transactions during the year (2023 - none). 17-