Registered number. 02371519 Charity number: 701537 JABADAO (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
JABADAO (A company limited by guarantee) CONTENTS Page Refernnce and administrative details of th6 Charity. its Trustees and advisers Trustees. report Independent examinerfs report Statement of financial activities 10 Balance sheet Notes to the financial statements 12-17
JABADAO (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustses Helena Rodwell Joanna Ruth Jones Finn Morrell Rachael Mary Savage Company registered number 02371519 Charity registered number 701537 Reglstered office Unit10 Court Farm strutton Road Brantham Manningtree C011 1PW Accountants Larking Gowen LLP Chartered Accountants 1 Claydon Business Park Great Blakenham Ipswich IP6 ONL Page 1
JABADAO (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practi (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). sin the Charity qualifies as small under section 382 of the Companies Act 2006. the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors. Report) Regulations 2013 has been omitted. Objectives and activities . Charitable object To relieve those suffering from physical and mental disabilities, and the aged and to help and educate children (so as to develop their physical and mental capacities that they may grow to full maturity as individuals and members of society, and their conditions of life may be improved) and, in particular, by the therapeutic use of dan. To advance the aesthetic education of the public. and. in particular in the art of dance. and to advance the education and training of persons involved in the provision of dance as therapy. In setting objectives and planning for activities, the Trustees have given due consideration to general guidan published by the Charity Commission relating to public benefit. including the guidan 'Public benefit: running a charity (PB2)'. b. stegle$ for achieving objectives Through four areas of work (research, projects, training and resource development), the charity aims to: Demonstrate the strong link between sensory development, motor development and wellbeing over a lifetime. Inspire and infomi new thinking and practice amongst early educators. to involve children in more developmentally significant movement play experiences at an early age. Improve young children's development. leaming and wellbeing. especially where they face significant life challenges- currently with specific regard for the emerging developmental effects of the pandemic. Page 2
JABADAO (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Objectlves and actlvltles (contlnued) ¢. Activities undertaken to achieve objectives Establish partner Eady Years settings with whom to carry out on-going practical observation and research. Develop training courses and events for early years practitioners, to grow greater understanding of physical development and re-examine the things that affect it. Maximize engagement in training, through an on-line platform as well as face to face Organise events through which to share contemporary ideas about physical development. Develop an on-line resources hub to provide infomiation about a developmental movement approach. Develop and sell resources to support child-led developmental movement play. In planning the programme for the year, the trustees have considered the Charity Commission's guidance on public benefit, giving careful consideration to the reach and scope of the work and ways to ensure that new opportunities contribute to our aims and objectives. d. How our activities deliver public benefit Improving children's physical development and the way this supports learning, health and wellbeing. Support for children who face the greatest life challenges developmental delay, autistic spectrum disorder. chaotic family life. sensory processing disorders. Children facing povety and deprivation. Children living with the most profound physical and cognitive challenges. Achlevements and perforniance a. Maln achlevements of the Charlty Jabadao's work impacted over 13,000 children this year, in nurseries, schools and playgroups, helping them to build stronger foundations for physical development, social and emotional learning, and wellbeing. The context for training continued to shift SI0Y following changed patterns established during the pandemic. This year we did some face to face training again - although across the UK this is only reostablishing SI0y. We changed the way we deliver the content of our training to match the changing profile of practitioners - more neY recruited practitioners who want specific guidance. It is now doser to a model. rather than an approach and we plan to develop more changes of this nature over the coming two years, creating Toolkits vthich offer a step-by-step prc#Jramme for change and development. Our aim. as ever. was to offer training in ways the sector could most readily access through a mixture of online courses, live webinars and face-to-face training, in ways that meet current need. It is still uncertain how the sector will want to receive training in future and we will continue to adapt and develop new models to meet emerging needs. Page 3
JABADAO (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and perforniance (contlnued) b. Projects over the years We offered online. fa to face and blended leaming packages to individual schools and nurseries and to clusters of settings organised by early Local Authority Early Years. 1,333 courses were taken over the year, supporting 2,972 hours of training.. 824 people enrolled on 692 online courses were taken (with 299 unique students) 641 face to face course attendances (with 525 unique students) Stronger Practice Hub.. We worked with one of the Stronger Practice Hubs delivering best practice training on behalf of the Department of Education in England - part of a post pandemic support package. Groups in Scarborough and York set up Movement Play Areas with kits provided by us, then learnt the developmental movement theory that allov them to identify the learning and development that children bring to the area. Participants were very engaged and enthusiastic about developing new ways of thinking and new practice - followng the training. They said- "It has made me look at movement a lot differently since these courses - and I find it very interesting how babies move Sin observing them more. And understanding how rough and tumble is ok and that children know their limits and can play'rough, without hurting others.. 'Some of the young people in my class are demonstrating behaviour and skills that we have not seen before. This has been very surLessful to support their development." .1 feel my understanding and opportunities to bond with the pupils has been valuable. Support staff have observed these movement conversations and are now having more of them with the pupils. The pupils also seem to know when moving they can involve you in their conversation and quickly realise they are tum taking in a conversation lead by themselves." Multi Academy Trust: We began a longer project V*ith a multi academy trust across Milton Keynes and surrounding areas, training eady years practitioners, special needs support staff and reception class teachers. We know the influence of this work has fed out into classes higher in the schools ere children continue to need support for the sensory development that underpins learning and wellbeing. Baby Room project: We ran an online training programme to support practitioners working in Baby Rooms across Bedfordshire. Training specifically for o-2s is not common and this was the first offered in this area. Engagement was high. brilliantly supported by the area advisor, and all participants completed a project at the end highlighting changes in their thinking and practice. At the end they said.. More awareness by the practitioners of how the children are moving and why. Understanding vthy the children move in the ways that they do and sitting back and watching how and y, before waiting to be invited and not interrupting their play. We have changed our room layout and the children have the opportunity to go on the carpet which is new. They all love laying on it rolling on it and we also do baby floor play on it. The babies liked that we were all sat on the floor and just letting them explore and not interfering. Page 4
JABADAO (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and perforniance (contlnued) Wales: Interest in Wales remained strong. We worked Vth practitioners at annual conference I training events across Isle of Anglesey and Powys. We continued to develop work in Convry where we have longstanding a collaboration - this year offering online courses to school practitioners. We also completed the full Developmental Movement Play package on-line for two groups from across Powys. Northem Ireland.. Interest remains strong across the whole Surestart movement across Northem Ireland. The aim is that all Centres will incorporate the Jabadao approach into their practice supporting the youngest children and their families. Practitioners from Centres in Portadowi. Moume and Dery took the full DMP on-line training. Additional needs in mainstream education: A growing area of work for us is to support teachers in mainstream primary schools who now have children with more complex needs in their class. A school in Dorset asked us to support their staff in developing new practice we led a lie webinar and modelled the use of a Movement Play Area with their children. Special Needs: We led training for three groups of Special School teachers (Knaresborough, Middlesborough and Gateshead) offering a non-verbal practice to support children with the most complex needs. We also developed out approach to support children with complex additional needs vtho are not in school particularly focusing on the thallenges of demand avoidance autism. We worked with a family who are unable to access a school place to grow our understanding of the challenges - and ways to support children through child-led. non-verbal practice. Partner Settings: We continue to work dosely wth partners early years settings from whom V learn about the approach in practice over the long term. We offer training in retum and delivered days for staff in Sheffield and Haverhill, Suffolk this year. On-line courses sold independently: Most of our training is done in partnership Vth local and regional support networks. 142 courses were also taken by purchasing them directly from our website. Resources: The on-line shop sold just over £30,000 worth of resources to support new practice. Some of these wre kits purchased specifically to accompany training. allowing practitioners to make immediate changes. This represents 45 /0 of all income this year. Percentage of sales of different resources: Kits- 36 % Elastics= 220 Lycras: 17 % General movement play items: 10 / Vouchers.. 7 /0 Mats separate for kits: 50/0 Soft Play separate from kits: 30/0 Page 5
JABADAO (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and perforniance (contlnued) c. Investment policy and performance The Company has a savings account in which it can invest surplus funds. We continue to build and use any surplus to fund development work and, as business grows, we intend to invest in more team member to support further gro. d. Team Development This year we have spent considerable time researching. taking on-line courses and talking together to develop our understanding of how to make maximum impact in the current climate. The result has been a change in the way we deliver training - which will be further extended in future years. Flnanclal revlew a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial statements. Further details regarding the adoption of the going concem basis can be found in the accounting policies. b. Reserves policy The Trustees have the aim of aayS retaining an unrestricted resenie of at least £15,000. We currently have additional funds which are eamiarked for the development of new training resources. At 31 December 2024 reserves were £92.619 (2023 - £115,837) as a result of a deficit of £23,218 (2023 - surplus of £15.007). The deficit for the year is partly the result of the team development as detailed above. c. Financial risk management objectives and policies Trustees operate a low risk policy - there continued to be no salaried staff - and administration work was undertaken on a voluntary basis throughout the year. Contracts for self-employed Associate Practitioners are only offered if there is known income to match the fees. Internal risks.. are minimised by the implementation of procedures for authorisation of all transactions and projects, to ensure consistent quality of delivery for all operational aspects of the charitable company. These prOdureS are periodically reviewed to ensure that they still meet wth the needs of the charity. d. Principal funding This year we again achieved our aim of running the company entirely through eamed income. We received no grants. Income has been eamed through two strands of the company's work- income from training and income from reSoUrs. Page 6
JABADAO (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, governance and management a. Constltutlon Jabadao is a charitable company limited by guarantee without share capital incorporated on 12 April 1989 and registered in England and Wales. Jabadao also registered as a charity on 9 May 1989. The company was established under a Memorandum of Association which estsblished the objects and powers of the charitable ompany and is governed under its Articles of Association. In the event of the company being wound up during the period of membership or wthin one year after, each member undertakes to contribute such amount as may be required not exceeding £10. b. Methods of appolntment or electlon of Trustees The management of the Charity is the responsibility of the Trustees vtho are elected and co-opted under the terms of the Trust deed. The directors of the company are also the tharity trustees for the purposes of charity law and under the company's articles of association are known as members of the management committee. Under the articles. the members of the management committee can be appointed at any time by the committee but must be elected at the AGM. One third of the management committee retire each year and are eligible for re-election. Recruitment of Trustees.. The Charity is eager to recruit trustees vtho can act as stakeholders. scrutinizing both planning and implementation on behalf of specific sectors education, health, social care, and community development. Trustees are recruited from these sectors. they are people in positions of responsibility in allied fields who have some knowledge of, and a genuine interest in, the purpose and impact of Jabadao activities. c. Organisational structure and decision-making policies A board of Trustees of four members with considerable experien in different aspects of running a charity. or working in the areas covered by JABADAO, administers the charity. They are advised by the CEO of 39 years. (0 continues to offer her experience and expertise largely in a voluntary capacity). The Board sets the policy framework, which is then put into action by the CEO on a daily basis. d. Policies adopted for the induction and training of Trustees Trustees re1ve a thorough induction pack including details on their role and responsibilities. A meeting with the Chief Executive Officer to discuss the role of the Board, core principles and ethos of the company is encouraged at the outset, plus a visit to the company premises to talk with the team and view the specialist infomiation resources kept in the resource room. Trustees are encouraged to visit activities in action to gain an understanding of impact and value. and to talk to colleagueslparticipants from their field to gain feedback about the work in action, and the company in general from participant's viewpoint. Each is encouraged to use the Charity Commission website to remain fully abreast of their role. Page 7
JABADAO (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statement of Trustees. responslbllltles The Trustees {0 are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law. the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of reSoUrs, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently. observe the methc(Js and principles of the Charities SORP (FRS 102)., make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by: Helena Rodwell (Chair of Trustees) Date: 9 December 2024 Page 8
JABADAO (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent examlnerfs report to the Trustees of Jabadao {Yhe Charfty.) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024. Responslbllltles and basls of report As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independont èxaminerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act. or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fai¢ view which is not a matter considered as part of an independent examination" or the accounts have not been prepared in accordance wth the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems 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. This report is made solely to the Charity's Trustees. as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters l am required to state to them in an Independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body. for my work or for this report. 115 Signed.. Dated.. 10 December 2024 Christopher Yeates FCA DChA Larking Gowen LLP Page 9
JABADAO (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Unrestrictsd funds 2024 Total funds 2024 Total fvnds 2023 Note Income from: Charitable activities Investments 71,011 48 71,011 113,960 Total Income 71,059 71,059 113,969 Expenditure on: Charitable activities 94,277 94,277 98, 962 Total expendlture 94,277 94,277 98, 962 Net movèment in funds (23,218) (23.218) 15,007 Reconciliation of funds: Total funds brought fonward Net movement in funds 115,837 (23,218) 115,837 (23,218) 1CIO, 830 15,007 Total funds carrled forward 92,619 92,619 115,837 The Statement of financial activities includes all gains and10&8es recognised in the year. The notes on pages 12 to 17 fonn part of these financial statements. Page 10
JABADAO (A company limited by guarantee) REGISTERED NUMBER: 02371519 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Current assets Stocks Debtors Cash at bank and in hand 6.436 7.825 100.166 5,051 4, 839 128,483 114,427 138,373 Creditors: amounts falling due within one year (21,808) (22, 536) Net current assets 92,619 115,837 Charfty funds Restricted funds Unrestricted funds 10 10 92.619 115,837 Total funds 92,619 115,837 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordan with section 476 of Companies Act 2006. The Trustees acknOedge their responsibilities for complying with the requirements of the Act viith respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordan with the provisions applicable to entities subject to the small companies regime. The financial statements wre approved and authorised for i&sue by the Trustees and signed on their behalf by: Helena Rodwell (Chair of Trustees) Date: 9th December 2024 The notes on pages 12 to 17 form part of these financial statements. Page11
JABADAO (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles 1.1 Basis of préparation of financial statèménts The financial statements have been prepared in accordance wth the Charities SORP (FRS 102) - Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Jabadao meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 1.2 Income AJI income is recognised once the Charity has entitlement to the income. it is probable that the income will be reiVed and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt. its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the income is accrued. 1.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs lch are not attributable to a single activity are apportioned between those activities on a basis consistent wth the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 1.4 Interest recelvable Interest on funds held on deposit is included vthen receivable and the amount can be measured reliably by the Charity- this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 1.5 Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Page 12
JABADAO (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (contlnued) 1.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 1.7 Cash at bank and in hand Cash at bank and in hand indudes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.8 Liabiliti•s and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event. it is probable that a transfer of economic benefit will be required in settlement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwnding of the discount is recognised in the Statement of financial activities as a finance cost. 1.9 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the eXptIon of bank loans which are subsequently measured at amortised cost using the effective interest method. 1.10 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Investment income, gains and losses are allocated to the appropriate fund. Page 13
JABADAO (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activitiès Unrestricted funds 2024 Total funds 2024 Total funds 2023 Income from charitable activities- Project & Training Income from charitable activities- Resources 39,693 31.318 39,693 31,318 70. 084 43.876 71,011 71,011 113,960 Investment Income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Bank interest 48 Analysis of expenditure by activities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Total fvnds 2023 Online courses Resources 54,859 20,721 10,259 8,438 65,118 29.159 62,214 36, 748 75,580 18,697 94.277 98. 962 Total 2023 80,275 18,687 98, 962 Page 14
JABADAO (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expènditure by activities (continued) Analysis of direct costs Onllne courses 2024 Total funds 2024 Total fvnds 2023 Resources 2024 Shop expenditure Course costs 20,721 20,721 7.954 46.905 29, 554 2,971 47, 750 7,954 46,905 Consultancy 54,859 20,721 75,580 80,275 Total 2023 50,721 29, 554 80,275 Analysis of support costs Online courses 2024 Total funds 2024 Total fvnds 2023 Resources 2024 Premises Accounting and Legal Insurance Subscriptions Bank Charges Post. Telephone and Stationery Marketing and Publicity 5,941 1,935 554 596 4,899 1,576 456 491 10,840 3.511 1.010 1.087 99 8, 121 3, 158 983 1,066 102 45 491 404 567 895 1,255 3.402 1,855 10,259 8,438 18,697 18,687 Total 2023 11,493 7, 194 18,687 Support costs have been allocated to each activity on a pro-rata basis between the two income streams. Page 15
JABADAO (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Independent examinerfs rèmuneration 2024 2023 Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts Fees payable to the Charity's independent examiner in respect of: All other services not included above 3,000 1, 700 800 Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL). Stocks 2024 2023 Shop stock 6.436 5,051 Debtors 2024 2023 Due within one year Trade debtors Prepayments and accrued income 7,825 2, 609 2, 230 7,825 4, 839 Creditors: Amounts falling due within one year 2024 2023 Bank overdrafts Other creditors Accruals and deferred income 42 16,184 5,582 18,390 4, 146 21,808 22, 536 Page 16
JABADAO (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Statement of funds Statement of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Unrestricted funds General Funds 115.837 71.059 (94.277) 92.619 Statement of funds - prlor year Balance at 31 March 2023 Balance at l Apn'l 2022 Income Expenditure Unrestrictèd funds General Funds 100,830 113,969 (98, 962) 115,837 11. Operating lease commitments At 31 March 2024 the Charity had commitments to make future minimum lease payments under non- CanlIable operating leases as follows.. 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years 3,020 7, 320 3, 020 3.020 10.340 12. Related party transactions The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owng between related parties and the Charity at 31 March 2024. Page 17