Job Directions Limlted Directors. Re ort The trustees present their report and financial statements for the year ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) °Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. The financial statements comply with the Charities Regulations (Northem Ireland) 2015, the Companies Act 2006, the Memorandum and Articles of Association. and 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 2015). The trustees, who are also directors for the purpose of company law and who served during the year end and up to the date of this report are as follows: Sandra Pollock John Mccosker Eamon Mccay Christina Mullen David Canning Paul Crawford Prlncipal actlvities The charity's principal activity during the year was to provide work for unemployed adults in the Strabane District Council area with the mentoring, advice, guidance and training required to improve their prospects of gaining employment. The aim is to give individuals the opportunity to obtain employment or advance their educational training goals. The charity administrates various schemes which operate on the above principles. Objectives and Actlvities Job Directions Limited has been established for over 20 years and is renowned for their grass roots level approach in supporting the community by providing a range of services that provide vital support to people within the community who are unemployed and may become employed, job seekers, apprentices, trainees. or persons who may come into the foregoing categories. The charity assists by competing for and securing employment through the provision of relevant education. training, guidance and experience. Job Directions Limited has been successful in placing multiple individuals in employment and training and education programmes through the 'Lemis North Wesf, 'Seeds' & 'Wee Job, programmes during the year. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning for future activities and setting the policy for the year. Public Benefit Statement The direct benefits which flow from purpose the purpose is to assist those persons who are or may become employed. job seekers. apprentices. trainees, or persons who may come into the foregoing categories, in competing for and securing employment through the provision of relevant education, training, guidance, experience and or for the advancement of any such category of person in the labour market, such activity to include any part of the European Union. We also aim for unemployed people or economically inactive people to gain employment or take up education and training. Employment income helps relieve povety. The charity's beneficiaries are the unemployed who live in the European Union, who claim out of work benefits. The economically inactive who live in the European Union, who claim benefits. The economically inactive who live in the European Union, who do not claim benefits. The only private benefit flowing from this purpose is that individuals will gain employment or access to education and training and this is incidental and necessary because Job Directions purpose is to assist all those who are unemployed or economically inactive to achieve this purpose.
Job Directions Limited Directors. Re ort Achlevements and perforniance Job Directions secured ongoing funding for the 2022-23 financial year to enable it to deliver all existing programmes, Wee Job, SEEDS and Lemis. The "A Wee Job" programme assisted 40 beneficiaries, 14 obtained employment with our support, 9 progressed to formal education, training or voluntary work and 5 gained a qualification via the programme, a significant improvement on the previous year. The "Lemis" programme supported 159 beneficiaries during the year, 93 obtained employment, 12 Pfogressed to further education or training and 10 obtained a qualification. The SEEDS" programme assisted 197 beneficiaries. 76 secured employment, 77 progressed to further education or training and 61 obtained a qualification via the programme. Flnanclal Rovlew During the year 31 March 2023, the charity received total income of £538,985 and had an overall surplus of £78,207. Income from grants showed an increase of £58,196 during the year. No fixed assets were purchased. The charity had reserves at 31 March 2023 of £1,284,939. The charity is in a solid financial position and there are no concerns about its ability to continue as a going concern. Reserves Pollcy While funding for the charivs core activities is secured until 2023, Job Directions Limited needs reserves policy to have sufficient cash reserves should the charity experience cash flow problems, to service lease agreements on property, to honour service contracts in place or costs involved in any potential wind up of the charity andlor provision for redundancy costs. It is recommended that reseNes for the running costs of core activities be retained. The target set and realised in the previous year is £500,000. The level of reserves are reviewed by the trustees and management regularly throughout the year. The minimum level of reserves for the ongoing needs of the charity is reviewed by the trustees on annual basis. Plans for the future As we enter into 2023124 the organisation will continue to provide services. whilst new soruces of funding are sought. Actions have been taken to reduce costs, downsizing premises and dUCIng the overall staffing levels via voluntary redundancy. no staff were made redundant on a compulsory basis. The charities reserve policy has been revised and the trustees are clear that there is sufficient funding to met the demand for services form beneficiaries for the next 3 years, even in the absence of new funding sources. Despite the loss of funding Job Directions will continue to provide services to the unemployed and economically inactive across the district in 2023-2024.
Job Directions Limited Directors, Re ort Structure, governance and management Job Directions Limited is a company limited by guarantee with charitable status. incorporated on the th 4 May 1995. and registered as a charity in Northern Ireland on 17 Septernber 2015. The company was established under Memorandum of Association that established the objects and powers of the charitable company and is govemed under its Articles of Association. In the event of the winding up of the company each member 15 required to contribute no more than £1. The trustees of the charity when elected serve until the next annual general meeting at which they must be re-elected. The trustees of the charity seek to appoint new charity trustees be contacting individuals who have shown an interest in the charity activities and have sufficient knowledge or skills to carry out the role of a trustee. The management operate a system of internal control designed to provide reasonable assurance. but not absolute assurance aqainst material misstatement or loss. They include the'.- regular consideration by the trustees of progress reports regarding operational activities. These are carried out detailing PerfOnanCe indicator levels such as participant numbers and financial breakdowns. Any deviations from targets are highlighted and contingency actions are implemented. delegation of authority and segregation of duties among staff. identification and managernent of risks to which the charity is exposed. Statement of trustees, responsibilities The trustees (who are also directors of Job Directions Ltd for the purposes of company law are responsible for preparing the Trustees, Annual Report (including the Strategic 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 the law the trustees have elected to prepare the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the directors are required to= select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities ISORP 20191 (FRS 102): • make judgements and estimates that are reasonable and prudent., state whether applicable UK accounting standards 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 operation. The trustees are responsible for keeping proper accounting records that 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 Charities Act (Northem Ireland) 2008, the Charities (Accounts and Reports) Regulations (Northem Ireland) 2015 and the provisions of the trust deed. 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.
Job Directions Limited Directors. Re ort Independent Examiner FMC Accountants were appointed independent examiners to the charity and a resolution proposing their reappointment will be put to the Annual General Meeting. Small company exemption This report has been prepared in accordance with Ihe provisions in Part 15 of Ihe Companies Act 2006 applicable to companies subject lo the small companies regime. The directors are of the opinion the company is entitled to exemption from audit in accordance with sedion 47512) and section 47513) of the Companies Act 2006. The Trustees, Annual Report, and the Strategic Report included therein, was approved by the board on 24 November 2023 and signed on its behalf. Christina Mullen Trustee (Chairperson) ohn Mccosker Trustee (Secretary)