Charity Number: 102829
Company Number: Nl 029506
Job Directions Limited
Acom
an
limited b
uarantee
Trustees, Re
ort and Financial Statements
for the
ear ended 31 March 2024

Job Directions Limited
Re
ort and financial statements
Contents
Page
Company Information
Trustees, Report
Independent Examinerfs, report to the trustees
Statement of financial activities
Balance Sheet
Cash flow statement
Notes to the financial statements
10-17

Job Directions Limited
Com
an Information
Trustees
Christina Mullen
David Canning
Paul Crawford
Sandra Pollock
John Mccosker
Eamon Mccay
Secretary
John Mccosker
Independent Examiners
FMC AccoLJnlanls
34 Market Street
Strabane
Co. Tyrone
BT82 8BH
Bankers
AIB Bank
71 Main Street
Slrabane
Co. Tyrone
BT82 8AU
Bank of Ireland
Abercofn Square
Slrabane
Co. Tyrone
BT82 8AH
Shawbrook Bank
Gfeal Wafley
Brenhvgod
Essex
CM13 3BE
Aldemoro
Block B We$lern House
Lynch Wood
Pelerborough
PEZ 6FZ
Hampshire Trust Bank
131 Finsbury Pavement
London
EC2A 1 NT
Dudley Building Society
7 Harbour Buildings
Wesl Midlands
DY5 1LN
Virgin Money
30 Sl Vincent Place
Glasgow
G1 2HL
Unrf(ed Trust Bank
1 Ropemaker Street
London
EC2Y 9AW
Cambridge & Counties Bank The Charity Bank Ltd
Charnwood Court
Fosse House
5B New Walk
182 High Street
Leicester
Tonbridge
LE16TE
TN9 1BE
Redwood Bank
Nationwide Building Society
The Nexus Building
Kings Path Road
Letchworth Garden City Moulton Park
Hertfordshire
Northampton
SG6 3TA
MN3 6NW
Allica Bank Limiled
100 Avebury Blvd
Milton Keynes
MK9 1FH
Loughborough Buikiing Society Saffron Building Society
56 Woodgale
la MaTkel Street
Loughberough
Essex
LE11 2TZ
C810 1HX
Sollcltors
Mccay Solicitors
1 John Wesley St
Slrabane
Co. Tyrone
8T82 8EF
Registered office
Unil 10
>5 Upper Main Street
Slrabane
Co. Tyrone
8T82 8AR
Registered number
NI 029506
Charity number
102829

Job Directions Limited
Directors. Re
ort
The trustees present their report and financial statements for the year ended 31 March 2024. 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 {Northern Ireland) 2015, the
Companies Act 2006, the Memorandum 2nd 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-
Christina Mullen
David Canning
Paul Crawford
Sandra Pollock
John Mccosker
Eamon Mccay
Principal activities
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 goa15. The charity administrates various schemes
which operate on the above principles.
Objectives and Activities
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 setvices 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 'Ready4Work' and 'Empowerf programmes during
the year.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefil 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 15 that individuals wll 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
Achievements and perforniance
Job Directions secured on-going funding for the 2023-24 financial year to enable it to deliver all
existing programmes, Ready4Work and Empower.
The "Ready4Work" programme assisted young people completing year 12 to transition into the world
of work whilst furthering their education. It is targeted to support young people who are at a
disadvantage due to health conditions, poor attendance at school, living in kinship care, sexual
orientation, low educational attainment or other disadvantage.
The Empower programme is delivered in partnership with Disability Action, funded by the UK Shared
Prosperity Fund and is designed to support people with long term ill health or disability who are
economically inactive to enable them to participate in the labour market. Job Directions recruited 70
customers from within the Derry City and Strabane District Council area. 27 customers obtained
employment, which represented 70°/o of those leaving the programme. Customers on Empower
were able to access one to one mentoring and support regarding employability together with access
to mental health counselling and professional benefits advice.
Financial Review
During the year 31 March 2024. the charity received total income of £122,091 and had an overall
deficit of £72,398. Income from grants showed an decrease of £436,071 during the year. Investment
income has increased by £19.177. No fixed assets were purchased. The charity had reserves at 31
March 2024 of £1,212,541. The charity is in a solid financial position and there are no concerns
about its ability to continue as a going concern.
Reserves Policy
Job Directions Limited needs a reserves policy to have sufficient cash reserves should the charity
experience cash flow problems, to service lease agreements on propety, 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 reserves 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 on-going needs of
the charity is reviewed by the trustees on annual basis.
Plans for the future
As we enter into 2024125 the organisation wll continue to provide services, whilst new sources of
funding are sought. The on-going plan is to:.
Maximise the potential income from Empower having now secured an increase in the total number of
ustomers Job Directions could recruit from 70 to 100.
Implement a strategy to maximise income generated from reserve funds.
Explore the potential involvement in the delivery of'workable, as a partner of Disability Action.
Explore the potential to derive an income by charging for advertising on Job Directions social media
pages.
Job Directions will continue to seek funding opportunities to provide services to the unemployed and
economically inactive across the district in 2024125.
Actions have been taken to reduce costs, downsizing premises and reducing the overall staffing
levels via voluntsry redundancy, no staff were made redundant on a compulsory basis.
The charities reseNe 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.

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 September 2015. The company
was established under Memorandum of Association that established the objects and powers of the
charitable company and is governed under its Articles of Association. In the event of the winding up
of the company each member is required to contribute no more than £1.
The trustees of the charity when elected serve until the next annual general meeting at which they
musl 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 performance 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 management of risks to which the charity is exposed.
Statement of trustees. responsibilities
The trustees {who are also direclors 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 stalements 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 2019] {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 Ihem to ensure that the financial
statements comply with the Charities Act {Northem Ireland) 2008, the Charities (Accounts and
Reports) Regulations (Northern 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 the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the small companies regime.
The directors are of the opinion the company is entitled to exemption from audit in accordance with
section 475(2) and section 475(31 of the Companies Act 2006.
The Trustees, Annual Report, and the Strategic Report included therein, was approved by the board
on 23 November 2024 and signed on its behalf.
Christina Mullen
Trustee (Chairperson)
ccosker
uslee {Secretaryl

Job Directions Limited
Independent examinerfs report to the members of Job Directions Limited on the unaudited financial
statements for the year ended 31 March 2024
We report on the financial slalements of the company for the year ended 31 March 2024 which are set out on pages 7 to
15.
Respective Responsibilities of Directors and Independent Examiner
As the charitable company's directors, who are the trustees for Ihe purpose of charity law, you are responsible
for the preparation of the financial statements in accordance with the requirements of the Companies Act
2006. Having satisfied ourselves that the charitable company is not subject to audit under company law, and
is eligible for independent examination. it is our responsibility to:
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008-
follow the procedure5 laid down in the general directions given by the charily commission for Northern
Ireland under section 65{9){b) of the Charities Act (Northem Ireland) 2008., and
slate whether particular matters have come to our attention
Basis of Independent Examlnerfs Report
We have examined your charitable company's financial statements as required under section 65 of the
Charitie5 Act (Northern Ireland) 2008 and our examination was carried out in accordance with the general
directions given by the Charity Commission for Northem Ireland under section 65(9)(b} of the Charities Acl
(Northern Ireland} 2008. The examination included a review of the accounting records kept by the charitable
company and a comparison of the accounts presented with those records. 11 also includes consideration of
any unusual items or disclosures in the accounts. and seeking explanations from you as a charitable company
directors concerning any such matters.
Our role is lo state whether any material matters have come to our attention giving us cause to believe..
that accounting records were not kept in accordance with section 386 of the Companies Act 2006., or
that the accounts do not accord with those accounting records; or
that the accounts do not comply with the accounting requirements of section 396 of the Companies Act
2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable
lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland., or
that there is further information needed for a proper understanding of the accounts to be reached.
Independent Examiner's Statement
We have completed our examination and have no concerns in respect of the matters listed above and, in
connection with following the directions of the Charity Commission for Northem Ireland, we have found no
matters thal require drawing to your attention.
Stephen Mccartan
for and on behalf of
FMC Accountants
Chartered Accountants
23 November 2024
34 Malket Street
Strabane
Co. Tyrone
BT82 88H

Job Directions Limited
Statement of financial activities
inco
for the ear ended 31 March 2024
oratin
the income and ex
enditure account
Notes
Unrestricted Restricted
funds
funds
2024
2023
Incoming resources from generating funds..
Voluntary income
Investment income
94.382
94,382
27,709
530,453
8,532
27,709
Incoming reSoUr￿S from charitable activities
Totsl incoming resources
27,709
94,382
122,091
538.985
Resources expended
Charitable activities
191.545
192,089
458,078
Governance costs
2,400
2.400
2,700
Total resources expended
193,945
194.489
480,778
Net incomingl{outgoingl resources before transfer¥
27,165
{99.563)
(72.3981
78,207
Transfer5 between funds
{83.0001
83.000
Net incominglloutgoingl ￿sOurceS for the year
{55.8351
116,563)
(72,3981
78,207
Total funds brought fo￿ard
1.248.289
36,650
1.284,939
1,206.732
Total funds carried forward
1,192,454
20,087
1,212,541
1.284,939
The charity has no recogriised gains or losses olher than those shown in the statement of financial activities in the
above financial period and there have been no discontinued activities or acquisits.ons in this period.
The notes on pages 12 to 19 fom an integral part of these financial statemenls.

Job Directions Limited
Balance Sheet
as at 31 March 2024
Notes
2024
2023
Fixed assets
Tangible assets
12
2,178
2,722
Current assets
Debtors
Cash at bank and in hand
13
45,605
1,170,842
1,216,447
58,992
1,239,882
1,298,874
Creditors: amounts falling due
within one year
14
(6,084)
(16,657)
Net current assets
1,210,363
1,282,217
Net assets
1,212,541
1,284,939
Funds
Restricted funds
General fund5
Designated funds
16
17
20,087
692,454
500,000
36,650
748,289
500,000
Shareholders, funds
1,212,541
1,284,939
For the year ended 31 March 2024 the company was entitled to exemption from the requirement to
obtain an audit under section 477 of the Companies Act 2006 relating to small companies.
No member has required the company to obtain an audit of its accounts for the year ended 31
March 2024 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the
Companies Act 2006 with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the provisions in Charities
(Accounts and Reports) Regulations (Northern Ireland) 2015 and Part 15 of the Com
anies Act
2006 applicable to companies subject to the small companies regime.
Christina Mullen
Trustee (Chairperson)
Approved by the board on 23 November 2024
n Mccosker
rustee {Secretary}
Company Registered number:
NI 029506
The notes on pages 12 to 19 form an integral part of these financial statements.

Job Directions Limited
Statement of Cash Flows
for the
ear endin
31 March 2024
Notes
2024
2023
Cash used in operating activities
19
96,749
75,851
Cash flows from investing activities
Interest income
Purchase of tangible fixed assets
27,709
8,532
Cash provided by (used In) investing activities
27,709
8.532
Increase (decrease) in cash and cash equivalents in
the year
(69,040)
84,383
Cash and cash equivalents at the beginning of Ihe year
1,239,882
1,155,498
Total cash and cash equivalents at the end of the
year.
1.170,842
1,239,881

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
1 Accountin
olicies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in
the preparation of the financial statements are as follows..
a) Basis of preparation
The financial statements have been prepared in accordance with 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 1021 (effective 1 January 2015} (Charities SORP (FRS 10211, the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Job Directions Limited meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless OtheNise staled in the
relevant accounting policy notes.
The financial statements are prepared on a going concern basis under Ihe historical cost
convention, modified to include certain items at fair value. The financial statements are presented in
sterling which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set
out below. These policies have been Gonsistenlly applied to all years presented unless otheNise
slated.
b) Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled
to the income and the amount can be quantified with reasonable accuracy. The following specific
policies are applied lo particular categories of income..
Voluntary income is received by way of grants, donation5 and gifts and is included In full in the
statement of financial activities when the charity is legally entitled to the income and the amount can
be quantified with reasonable accuracy.
Grants for the purpose of capital expenditure are credited to deferred income when receivable and
amortised in line with depreciation.
Investment income is included when receivable.
Incoming resources from charitable trading activities are accounted for when earned.
c) Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a
third party, it is probable that settlement will be required and the amount of the obligation can be
measured reliably. Expenditure is classified under the following activity headings..
Costs of charitable activities includes the costs of training programmes delivered, commercial
trading and other educational activities undertaken to further the purposes of the charily and their
associated support costs.
Governance costs represents those items required to audit and report on the charity activities.
10

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
dl Fund accounting
The Charity has kno types of funds for which it is responsible..
(1) Unrestricted funds the unrestricted fund is under the control of the Board of Trustees, to be
used in the furtherance of the objectives of the charity.
{2) Restricted fund5 the restricted fund represents donations and grants received where the donor
has irnposed restrictions on the use of the funds which are legally binding on the Board of Trustees.
Designated funds are unrestricted or restricted funds of the charity which the trustees have decided
at their discretion to set aside to use for a specific purpose.
el Tangible fixed assets
Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their
estimated useful economic lives. Tangible fixed assets are stated at cost {or deemed Costl or
valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs
directly attributable to making the asset capable of operating a5 intended.
fj Depreciation
Depreciation is provided on all tangible fixed assets, at rates calculated lo write off the cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as
follows..
Fixtures, fittings & equipment
200kn reducing balance
gl Investments
Current asset investments are short term highly liquid investments and are held at fair value. These
include cash on deposit and cash equivalents with a maturity of less than one year.
h} Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
i) Cash at bank andin hand
Cash at bank and cash in hand includes 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.
j) Pensions
The Charity operates an auto enrolment contribution pension scheme for staff who wish to avail of it.
The assets of the scheme are held separately from those of the charity. Contributions are charged
to the Statement of Financial Activities as they become payable in accordance with the rules of the
scheme.
k) Tax
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation lax purposes.

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
11 Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that
no material uncertainties exist. The trustees have considered the level of funds held and the
expected level of income and expenditure for 12 months from authorising these financial
statements. The budgeted income and expenditure is sufficient with the level of reserves for the
charity to be able to continue as a going concern.
2 Legal status of the Charity
The Charity is a company limited by guarantee and has no share capital. In the event of the charity
being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
3 Provisions available for audits of small entities
In common with many other businesses of our size and nature, we use our independent examiners
to assist with the preparation of the financial statements.
4 Incomin
resources
Unrestricted
funds
Restricted
funds
2024
2023
Grants & Donations
Disability Action - Empower
National Lottery - Ready4Work
Department for the Economy- 'Seeds'
Department for the Economy- 'Wee Job,
Derry City & Slrabane District Council
'VVee Job,
84,382
10,000
84,382
10,000
448,136
53,506
28,811
530,453
94,382
94.382
5 Income from investments
Unrestricted
funds
Restricted
funds
2024
2023
Interest- deposits
27.709
27.709
27,709
27,709
8.532
8,532
12

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
6 Cost of charitable activities
Unrestricted
funds
Restricted
funds
2024
2023
Training provider cosls
Training placement allowances
Training course costs
Wages and salaries
Wages and salaries - redundancy costs
Employee costs - Staff training and welfare
Pensions
Rent and rates
Insurance
Light and heat
Repairs and maintenance
Meeting expenses
Travel and subsislence
Telephone and internet
Stationery, printing and promotion
Legal and professional
Bank Gharges and interest
Sofvare
Directors expenses
Sundry expenses
Depreciation
637
5.226
145
149,055
637
5,226
145
149.055
72,815
10,454
2,474
295.492
17,347
500
3,072
4,866
2,507
2.346
7.140
1,003
77
3,228
1,103
6.120
331
1,321
2,559
289
500
3,072
4,886
2,507
2,346
7,140
1,003
77
3,228
1,103
6,120
331
1,321
2,559
289
544
4,401
14.288
2.951
5.382
7,740
2.591
135
3.200
968
13.290
244
769
2,202
655
680
544
544
191,545
192,089
458,078
7 Governanco costs
Unrestrlcted
funds
Restricted
funds
2024
2023
Audit and accountancy
2,400
2.400
2.400
2,400
2,700
2,700
8 Em
lo ee costs
2024
2023
Wages and salaries
Wages and salaries - redundancy costs
Employer NIC
Pension costs
141,992
278,752
17.347
16.740
4,401
317,240
7,063
3,072
152,127
No employee received remuneration in excess of £60,00012023 -. None).
Number of Employees
2024
2023
Finance and administration
Training and placements
13

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
9 Trustees. information
Trustees are reimbursed for administration costs incurred in performing their duties. No
remuneration is paid to any trustee.
10 Pension costs
2024
2023
Pension charge
3,072
3,072
4,401
4.401
The charity operates a defined contribution pension scheme in respect of the staff who wish to avail
of it. This scheme 15 run by Workers Pension Trust. The assets of the scheme are held separately
from those of the charity.
11 Taxation
The charity is claiming lax exemption to the extent that income andlor gains are applicable and apply
to charitable purposes only.
12 Tan
ible fixed assets
Flxture8,
fittings and
aqulpment
Websito
Total
Cost
At 1 April 2023
At 31 March 2024
50,878
50,878
3,997
3,997
54,875
54,875
Depreciation
Al 1 April 2023
Charge for the year
Al 31 March 2024
48,156
544
3,997
52,153
544
48,700
3,997
52,697
Net book value
At 31 March 2024
2,178
2,178
At 31 March 2023
2.722
2,722
14

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
13 Debtors
2024
2023
Trade debtors
Other debtor5 and prepayments
24,382
21,223
45.605
52.803
6,189
58,992
14 Creditors: amounts fallin
due within one
ear
2024
2023
Trade creditors
Other taxes and social security costs
Accruals
1,135
2,549
2.400
6,084
8,967
5.290
2.400
16.657
15 Contin
ent liabillties
There is a contingent liability to repay all grant monies should they not be distributed under the terms
of the various initiatives. The trustees do not anticipate any repayment falling due under the terms
on which grants were received.
16 Restricted funds
Fixed asset Net assots
funds
funds
Total
funds
Balance at 1 April 2023
Surplusl(deficit) for year
Transfer of funds
36,650
(99,563)
83,000
36,650
(99,563)
83,000
20.087
Balance at 31 March 2024
20.087
Surplus funds which are not restricted at the year end are trar)sferred to unrestricted funds.
Net assets fund
The net assets fund consists of monies receivable at 31 March 2024 and monies held, but not yet
spenl, or expenditure provided for. for restricted purposes. The funders of the net assets fund are.,
Disability Action funding 'Empowef project and National Lottery funding 'Ready4Work' project.
15

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
17 Unrestricted funds
Desi
nated
funds
Cashflow
reserve
General
Fund
Total
funds
Balance at 1 April 2023
Surpluslldeficitl for year
Transfer be￿een funds
748.289
27,165
183,000)
692,454
500,000
1,248,289
27,165
(83,000)
1,192,454
Balance at 31 March 2024
500.000
Designated funds have been set aside for the following purposes:
Cashflow reserve - to ensure that the charity can meet its debts as they fall due, in the event that
payments by funders are delayed or where costs are met relrospeGlively.
18 Anal
Si5 of net assets between funds
Restricted
Income
funds
General
funds
Desi
nated
funds
Total
funds
Fund balance at 31 March 2024
as represented by..
Tangible fixed assets
Current assets
Current liabilities
2,178
690,276
2,178
1,216,447
(6.084)
1,212.541
26,171
(6,084)
20,087
500,000
8alance at 31 March 2024
692.454
500,000
19 Reconciliation of movement In funds to net
cash flow from o
eratin
activities
2024
2023
Net movement in funds
(72,3981
78,207
Add back depreciation charge
Deduct interest income shown in other incoming resources
Decrease (increase) in debtors
Increase {decrease} in creditors
544
(27,7091
13,387
{10,573}
680
18,532)
17,818
(12,322)
Nel cash used in operating activities
96,749
75,851
16

Job Directions Limited
Notes to the Financial Statements
for the
ear ended 31 March 2024
20 Related
transactions
Four directors were reimbursed for administration expenses incurred. This reimbursement of
directors tolalled £2,559 for the year.
There were no other related party transactions for the year under review.
21 Ultimate controllin
The company is limited by guarantee. There is no ultimate controlling paty.
17