Company Company Registration Registration Number: Number: NJ62()841 NI620841
Northern Northern Ireland[Ireland] Charity Charity Number: Number: NIC107212 NIC107212
JENGANA ANA ASSOCIATION A OC TO L LIMITED ED (A (A Company Company Limited Limited by by Guarantee) Guarantee) REPORT REPORT AND[AND] FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEA ENDED ENDED 3][3] MARCH MAR 2025 20
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JENGANA JENGANA ASSOCIATION LIMITED ASSOCIATION LIMITED
REPOR REPORT AND ND FINANCIAL FINANCI L STATEMENTS STATEMENTS FOR FOR THE THE YEAR ENDED YEAR NDED 31 1 MAR MARCH H 2025[2025]
CONTENTS CONTENTS
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|Page|Page|
|Officers|Officers|[and]|and|Professional|Professional|advisers|advisers|2|2|
|Trustees|Trustees|Annual|[Annual]|[Report]|Report|incorporating|incorporating|Director's|Director’s|[Report]|Report|3-4|
|Statement|Statement|of|of Financial|Financial|[Activities]|Activities|5-6|5-6|
|Statement of|Statement|of|Financial|Financial|Position|Position|7|7|
|Notes|Notes|to|to|[the]|the|[financial]|financial|statement|statement|8-10|8-10|
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JENGANA ASSOCIATION LIMITED
OFFICERS AND PROFESSIONAL ADVISERS ADVISERS
DIRECTORS/TRUSTEES DIRECTORS/TRUSTEES Mr Mr F[F] Mukula[Mukula] Mrs Mrs R[R] Mukula Mukula Mrs Mrs H[H] Darragh[Darragh] Mrs Mrs P[P] Hurst[Hurst]
Mrs Mrs K K Small[Small] Mr Mr L L Taylor[Taylor] (from (from 7"[7th] Nov[Nov] 2025)[2025)] Mr Mr P[P] Stewart[Stewart] (from[ (from][ 7th] 7" Nov[Nov] 2025)[2025)]
SECRETARY SECRETARY Mrs Mrs H[H] Darragh Darragh REGISTERED REGISTERED OFFICE[OFFICE] 68 68 Sealstown Sealstown Road Road Newtownabbey Newtownabbey Co Co Antrim Antrim BT36 BT36 4QU 4QU
BANKERS BANKERS Ulster Ulster Bank Bank Limited Limited Darling Darling Street Street Enniskillen Enniskillen Co Co Fermanagh[Fennanagh]
SOLICITORS SOLICITORS Cooper Cooper Wilkinson Wilkinson
Imperial Imperial Buildings Buildings Enniskillen Enniskillen Co Co Fermanagh[Fermanagh]
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JENGANA[ASSOCIAIUON][LIMITED] TRUSTEES TRUSTEES[ANNUAL] ANNUAL REPORT REPORT (INCORPORATING[(INCORPORATING] THE[THU;] DIRECTOR’S[DIRECTOR'S] REPORT)[REPORIO] FOR FOR THE YEAR THE YEAR[ENDED] ENDED[31] MARCH MARCH 2025[2025] statements statements I | The The Trustees, Trustees,for[for][the] the who whocharity[charity] are are[also] also for for[the] the year yeardirectors directors ended[ended][3] 31“for[för][1] st March March the[the] purposes purposes2025. 2025.[of] of Company Conlpany Law,[Law,] present[present] herewith[herewith] the[the] financial[financial] 2Review Review2 The The results resultsof[of] Activities Activitiesfor for the the[and] and year yearPost[Post] and and Balance[Balance] the[the] tuanner mannerSheet[Sheet] in[in][Events] Eventswhich which it it is is dealt dealt with with are are set set out out in in the the statement statement of of financial financial activities activities on on page page[5.] 5. Charitable Charitable Objectives Objectives and and activities[activities] 3 3 The The Association Association is is established established to to further further the the gospel gospel[of] of[Jesus] Jesus Christ Christ and[and] to[to] relieve[relieve] poverty[poverty] in[in] the[the] ‘Third[•Third] World’[World'] beginning beginning[in] in Kenya Kenya and[and][its] its neighbours neighbours[in] in[East] East Africa Africa and[and] in[in] particular:[palticular:] - To To partner partner[with] with similar silliilar[charities.] charities,[NGOs,] NGOs, local[local] churches[churches] and[and] para-church[papa-church] organisations[organisations] and[and] Christian[Christian] missions,[missions,] in[in] the the area area of of benefit; benefit: -- To To To To assist[assist][help] help[medical] medical[those] those[in] in care care[poverty] povertywith[with][with] withbabies[babies] education[education][or] or[ children] childrencosts,[costs,][born] born[leading] leadingwith[with] HIV/AIDS[HI] to[to] establishing[V][establishing][ LAI DS] an[an] education[education] provision[provision] in[in] the[the] area[area] of[of] benefit[benefit] - To To[support] support Christian[Christian][education] education[and] and[training] training - To To encourage encourage and[and] support[support] our our partners partners[with] with[their] their practical[practical] help[help] to[to] the[the] poor[poor] and[and] the[the] disadvantaged.[disadvantaged.] In[In] particular[particular] in[in] the the areas areas of of housing, housing. clothing, clothing, health health and and ti)0d. food. - TO To support support local local employment employment through[through][local] local[purchase] purchase in[in] the[the] area[area] of[of] benefit[benefit] - To To encourage encourage[niissionary] missionary interest interest and and active active participation participation in in mission lilission from from the[the] Christian Christian community comnulllity in[in] UK UK and[and] Ireland Ireland
Achievements Achievements and[and] Performance Performance 4 4 Both Both the the level level of of activity activity during during the the period period and and the the period period end end financial financial position position were were satisfactory, satisfactory, the the trustees trustees expect expect that[that][the] the present present[level] level of of activity[activity] can can be[be] sustained[sustained] and[and] improved[iniproved] upon. upon. The The charity[charity] holds holds[L'8] £81,769[1] , 769 (2024 (2024€89,099) £89.099)[in] in nett nett current current assets assets for for future tllture promotion promotion of[of] its its objectives. objectives.
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5 5 Directors/Trustees Directors/Trustees The The directors;rrustees directors/Trustees of of the the Company Cotupany at at[the] the 31S[3][1] SI March March 2025, 2()25, each each of of whom whom had'been had •been directors directors for for the the whole whole of of
the the financial financial period period were:were:-
Mr Mr[F] F[Mukula] Mukula Mrs Mrs[R] R Mukula Mukula
Mrs Mrs H H[Darragh] Darragh Mrs Mrs[P] P Hurst Hurst Mrs Mrs K K[Small] Small
8 8 Director's Director's Responsibility Responsibility statement statement
The The directors directors are are[required] required[by] by coinpany company law law to[to] prepare prepare financial[financial] statements statements for for each[each] financial[financial] year year which[which] give[give] a[a] true[true] and fair view of[the] state[of] affairs[of][the] at the end of the financial period and of the financial activities and fair view of the state of affairs of the company cornpany at the end ofthe financial period and of the financial activities for for that that period. period. The T'he directors directors confirm confirm that that suitable suitable accounting accounting policies[policies] have have been been used used and and applied applied consistently, consistently, and and reasonable reasonable[and] and[prudent] prudent judgements[judgenlents] and[and] estimates estimates have[have] been[been] made[made] in[in] the[the] preparation[preparation] of[of] the[the] financial[financial] statements[statements] for[for] the the period period ended ended 31 31 March March 2025. 2025. The The directors directors also also confirm confirm that that applicable applicable accounting accounting standards standards have have been been followed followed and and[that] that the[the][financial] financial statements statements have have been been prepared prepared on on the[the] going[going] concern concern basis.[basis.] The The directors directors are are responsible responsible for[tor] keeping keeping proper proper[accounting] accounting records records for[för] safeguarding[saféguarding] the[the] assets[assets] of[of] the[ the] Company,[Company,] and[and] hence hence[for] for taking taking reasonable reasonable steps steps[for] for[the] the prevention prevention and[and] detection detection of[of] fraud[fraud] and[and] other other irregularities. irregularities.
vis Taxation Taxation: status status 9 9 The company The company is is a a not not for for profit profit organisation organisation and and has has charitable charitable status. status.
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JENGANA_ ANA ASSOCIATION ASSOCIATION LIMITED LIMITED
TRUSTEES USTEESA ANNUAL A REPORT REPORT (INCORPORATING INC RPORATING THE THE DIRECT DIRECTOR’S R'S REPORT) REP RT FOR O THE T YEAR ENDED YEAR NDED31 31 MARCH MARCH 2025[2025]
Small Small Company Company Provisions Provisions 10 10 This This report report has has been been prepared prepared in in accordance accordance with with the the provisions provisions applicable applicable to to companies companies entitled entitled to[to] the the small small company's company’s exemption.[exemption,] The The trustees trustees annual annual report report was was approved approved on on[7th] 7" November November 2025 2025 and[and] signed signed on on behalf behalf of[of] the[ the] trustees[trustees] by: by:
Charity Charity Sccrctaryrrrustee Secretary/Trustee
Mrs Mrs H H Darragh Darragh
Newtownabbey Newtownabbey
7th 7" November November 2025 2025
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JENGANA JENGANA ASSOCIATION ASSOCIATION LIMITED LIMITED
| JENGANA ASSOCIATION LIMITED JENGANA ASSOCIATION LIMITED |
5 5 |
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|---|---|---|---|---|
| STATEMENTOF FINANCIAL ACTIVITIES STATEMENTOFFINANCIAL ACTIVITIES |
(INCLUDINq (INCLUDING |
INCOME AND INCOME ANDEXPENDITURE |
EXPENDITURE EXPENDITUREACCOUNT) |
ACCOUNT) ACCOUNT) |
| F YE RENDE M CH 202 FORYEARENDED 31 MARCH 2025 |
||||
| CURRENTFINANCIAL YEAR CURRENTFINANCIAL YEAR |
||||
| Restricted Restricted |
Unrestricted Unrestricted |
|||
| Notes Notes |
Funds 2025 Funds 2025 |
Funds 2025 Funds 2025 |
Total 2025 Total 2025 |
Total 2024 Total 2024 |
| £ | £ | £ | é | |
| INCOMING RESOURCES INCOMING RESOURCES |
||||
| Fundraisinganddonations InterestEarned 5 Fundraising anddonations 5 Interest Earned |
93586 93586 - |
81138 81138 - |
174724 174724 - |
124403 124403 - |
| TotalIncomingResources TotalIncomingResources |
93586 93586 |
81 138 81138 |
174724 174724 |
124403 124403 |
| RESOURCES EXPENDED RESOURCESEXPENDED |
||||
| Cost ofactivities: Cost ofactivities: |
||||
| Management and administrationexpenses Managementand administration expenses |
- | 6018 6018 |
6018 6018 |
7491 7491 |
| Direct charitable activity Direct charitable activity |
93270 93270 |
82766 82766 |
176036 176036 |
131041 131041 |
| Total Charitable Expenditure 6 Total Charitable Expenditure 6 |
93270 93270 |
88784 88784 |
182054 182054 |
138532 138532 |
| NET MOVEMENT IN FUNDS NETMOVEMENT IN FUNDS |
E316 £316 |
E(7646) £(7646) |
E(7330) £(7330) |
E(14129) £(14129) |
| STATEMENT OF RESERVE FUNDS STATEMENT OFRESERVE FUNDS |
||||
| Brought forward at 3 1 March 2024 Brought forward at 31 March 2024 |
21341 21341 |
67758 67758 |
89099 89099 |
103228 103228 |
| Net (Expenditure)/lncome for the year Net(Expenditure)/Income for the year |
316 316 |
(7646) (7646) |
(7330) (7330) |
(14129) (14129) |
| Total Funds Carried forward at 31 March 2025 Total Funds Carried forward at 31 March 2025 |
221657 £21657 |
E60112 £60112 |
EM 769 £81769 |
E89099 £89099 |
The The notes notes on on pages pages 8[8] to to IO 10 form form part part of of these these financial[financial] statements statements
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JENGANA JENGANA ASSOCIATIO ASSOCIATION LIMITED LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR YEAR ENDED 31 MARCH 2025
PRIOR PRIOR FINANCIAL[FINANCIAL] YEAR YEAR
| PRIOR[FINANCIAL] YEAR PRIOR FINANCIALFINANCIALYEAR |
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|---|---|---|---|---|
| Restricted Restricted |
Unrestricted Unrestricted |
|||
| Notes Notes |
Funds 2024 Funds 2024 |
Funds 2024 Funds 2024 |
Total 2024 Total 2024 |
|
| £ | £ | £ | ||
| INCOMING RESOURCES INCOMINGRESOURCES |
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| Fundraising and donations InterestEarned Fundraisingand donations Interest Earned |
5 > |
74819 TA819 ~ |
49584 49584 é |
124403 124403 s |
| Total IncomingResources Total IncomingResources |
74819 74819 |
49584 49584 |
124403 124403 |
|
| RESOURCES EXPENDED RESOURCES EXPENDED |
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| Cost ofactivities: Cost ofactivities: |
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| Management and administration expenses Dircct charitable activity Management and administration expenses Direct charitable activity |
95900 - 95900 |
7491 35141 7491 35141 |
7491 131041 7491 131041 |
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| Total Charitable Expenditure Total Charitable Expenditure |
6 6 |
95900 95900 |
42632 42632 |
138532 138532 |
| NET MOVEMENT IN FUNDS NETMOVEMENTINFUNDS |
E(21081) £(21081) |
C6952 £6952 |
E(14129) £(14129) |
|
| STATEMENT OF RESERVE FUNDS Brought forward at 31 March 2023 Net (Expenditure)/lncome for the year Total Funds Carried forward at 31 March 2024 STATEMENTOFRESERVE FUNDS Brought forward at31 March 2023 Net(Expenditure)/Income fortheyear TotalFundsCarriedforwardat31March2024 |
42422 (21081) E2i341 42422 (21081) ierareren £21341 somo |
60806 6952 $67758 60806 6952 aslo £67758 mesma |
103228 (14129) C89099 103228 (14129) cian £89099 — |
The The notes notes on on pages pages 8[8] to to[IO] 10 form form part[part] of[of] these[ these][financial] financial statements[statements]
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JENGANA ASSOCIATION LIMITED
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
| notes 2025 2024 notes 2025 2024 |
|---|
| £ £ £ £ |
| CURRENT ASSETS CURRENTASSETS |
| Bank and cash balances 81769 89099 Bank and cash balances 81769 89099 |
| 81769 89099 81769 89099 |
| CREDITORS - amountsfalling due within one year Other creditors CREDITORS -amounts falling due within oneyear Other creditors > 3 |
| NET CURRENT (LIABILITIES)/ASSETS 81769 89099 NETCURRENT (LIABILITIES)/ASSETS 81769 89099 |
| E81769 NETASSETS E89099 NETASSETS £81769 £89099 |
| FUNDS FUNDS |
| 21657 Restricted Funds 21341 RestrictedFunds 21657 21341 |
| 60112 Unrestricted Funds 67758 Unrestricted Funds 60112 67758 |
| E81769 TOTALCHARITYFUNDS 9 E89099 TOTALCHARITYFUNDS 9 £81769 £89099 |
| For the financial period ended 3 ISt March 2025 the company was entitled to exemptionfrom audit under section 477 ofthe Companies Act 2006 relating to small companies. The directors acknowledge their responsibilities for complying with the requirementsofthe Act with respect to accounting records and the preparation offinancial statements. For the financial period ended31" March2025 the company was entitled to exemption from audit under section 477 oftheCompanies Act2006 relating to small companies. The directors acknowledge their responsibilities for complying with the requirements oftheAct with respect to accounting records and thepreparation offinancial statements. |
| The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section476 . Themembers havenotrequired thecompany to obtain an audit ofits financial statements for the year in question in accordance with section476 . |
| These financial statements have beenprepared and delivered in accordance with the provisions applicable to Companies subject to the small companies'regime. These financial statements have beenpreparedand delivered in accordance with the provisions applicable to Companiessubjecttothesmallcompanies'regime. |
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These These [financial] financial statements statements were were approved approved by by the [the] board board of of trustees trustees and [and] authorised authorised for [for] issue [issue] on on 7 [7th] November November 2025 2025
and and are are signed on behalf signed on behalf of of the the board board by:- by:-
.MrF Mri F ) la Ia (Director) (Director)
LLL Mrs Mrs ukula ukula (Director) (Director)
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The The notes notes on on pages pages 8[g] to to[10] 10 form form[part] part of of these these financial[financial] statements statements
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JENGANA ASSOCIATION LIMITED 8 8 NOTESTO THE FINANCIAL STATEMENTS — 31 MARCH 2025 IGENERAL INFORMATION M TION Jengana Jengana Association Association Limited Limited is is a a public public benefit benefit entity entity and and a a private private company company limited limited by by guarantee guarantee incorporated incorporated in in Northern Northern[Ireland] Ireland and and a a registered registered charity charity in in Northern Northern Ireland. Ireland. The The registered registered office office is is 68 68 Sealstown Sealstown Road Road Newtownabbey Newtownabbey Co Co Antrim[Antrim] BT36 BT36 4QU 4QU .
The The financial financial statements statements have have been been prepared prepared in in accordance accordance with with FRS FRS 102, 102, The The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland, Ireland, the thc Statement Statement of of Recommended Recommended Practice Practice applicable applicable to to charities charities
preparing preparing their their accounts accounts[in] in accordance accordance with with the[the] Financial Financial Reporting Reporting Standard[Standard] applicable applicable in[in] the[the] UK UK and[and] Republic[Republic] of[of] Ireland Ireland (FRS (FRS 102) 102) (Charities (Charities SORP SORP (FRS (FRS 102) 102) and and Companies Companies Act Act 2006. 2006.
3 3 PRINCIP PRINCIPAL ACCOUNTING ACCOUNTING POLICIES POLICIES
Basis Basis of of Preparation Preparation
The The[financial] financial statements statements have have been been prepared under prepared under the[the] historical historical cost cost basis, basis, as as modified modified by by the[the] revaluation revaluation of of certain[certain]
financial financial assets assets and and liabilities liabilities and and investment investment properties properties measured measured at[at] fair fair value value through through income income and[and] expenditure. expenditure.
Thc The[financial] financial statements statements are are prepared prepared in[in] sterling, sterling, which which is is the[the] functional functional currency currency of of the[ the] entity. entity
Going Going Concern[Concern] Thcrc There are are no no material material uncertainties uncertainties about about the the charity's charity's ability ability to to continue. continue. Disclosure Disclosure exemptions exemptions The The[entity] entity satisfies satisfies the[the] criteria criteria of of being being a a qualifying qualifying entity[cntity] as as defined defined in[in] FRS FRS 102,[102,] As As such, such, advantage advantage has[has] been[been] taken[taken] of of the[the] following following disclosure disclosure exemptions exemptions available available under under paragraph paragraph 1.12[1.12] of of FRS FRS 102: 102: (a) (a) No No cash cash flow flow statement statement has has been prescntcd been presented for for the thc company. company. (b) (b) Disclosures Disclosures in in respect respect of of financial financial instruments instruments have have not not been been presented, presented,
Judgements Judgements and and key key sources sources of of estimation estimation uncertainty uncertainty
The The preparation preparation of of[the] the[financial] financial statements statements requires requires management management to[to] make make judgements,[judgements,] estimates estimates and[and] assumptions[assumptions]
that that affect affect the the amounts amounts reported. reported. These These estimates estimates and and judgements judgements are are continually continually reviewed reviewed and[and] are are based[based] on on
experience experience[and] and other[other] factors, factors, including including expectations expectations of[of] future[future] events events that[that] are are believed[believed] to[to] be[be] reasonable[reasonable] under[under] the[the]
circumstances. circumstances. .
the the There Thereprocess process are are no judgements noof of judgements applying applying the thein[in] entity’s entity's[the] the current current accounting accounting year year (apart[(apart] policies policies from from thoseand andthose that that involving involving have have a a significant significant estimations) estimations) effect[effect] that[that] managementon onmanagement the[the] amounts amounts have have recognised recognised made made in[in]
in in the[the] financial financial statements, statements,
FundUnrestricted Fund Accounting Accounting funds are available[for] use[at][the] discretion[of][ the][trustees][to][further] any[of][ the][charity's] ; purposes, RestrictedDesignated DesignatedRestrictedUnrestricted[fünds] fundsfunds funds fundsare are are unrestricted arc aresubjected subjectedunrestricted availableto[to] for fundsrestrictions restrictionsfunds use atearmarked earmarked the discretionon on their their by by theexpenditure[the][expenditure declared] oftrustees trustccs the trusteesfor[for] declared particular particular to furtherby[by] the[the] future future any ofdonor[donor] project project theor[or] charity’s through[through] or or commitment. commitment. purposes.the[the] terms[terms] of[of] an[an]
appeal, appeal, and and fall fall into into one one oftwo of two sub-classes; sub-classes; restricted restricted income income funds funds or or endowment endowment funds.[funds.] Incoming Resources Allamount charity;(a)Allamount Incomingcharity;(a) Income Income[incoming] incoming can can[it] it Resources[is] is from befrom[be] probable probable reliably resources resources[reliably] donations donations measured.[that] that[measurcde] are areor or[the] the grantsincluded includedgrants economic economic[The] The is is following recognised[following] recognised[in] in the[the] benefits[benefits] statement[statement][ specific] specific when whenassociated associatedthere thcrc is of[of] policies[policies] financial[financial] iswith[with] evidence evidence are arc the[the] applied[applied] activities[activities] transaction[transaction] of of entitlement entitlement to particular[to] when[when][particular] will will entitlement[entitlement] to toflow flow categories[ categories] the the togift, togift, the the receipthas[has][receipt] of[ of] charity[charity] passed[ income;] income;[passed] is is and and to[to] thethe[the][the]
probable probable (c) (b) (b) Legacy Legacy income Incomeand and incomefromits its amount amountdonated is is recognised recognised when can cangoods[be] be measured measured when is measured receipt receiptreliably reliablyis isat probable probablethe fair and andvalue entitlement entitlementof[the] goods is is established. established.unless ;[thig] is impractical[to] measure
reliably, reliably,(c) Incomein[in] which which from donated cage case the[thc] goods value value derived derived is measuredfrom from atthe[the] thecost[cost] fairto[to] thevalue[the] donor[donor] of the or or the[the] goodsestimated estimated unless[ resale] resalethis isvalue.[value,] impracticalDonated[Donated] to facilities[facilities] measure and[services] are rccognised in thc accounts when received if the value can bc reliably[measured.] No amounts are
included includedand services[for] for the[the] arecontribution contribution recognised inof of general general the accounts[volunteers.] volunteers.when received if the value can be reliably measured. No amounts are
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JENGANA JENGANA ASSOCIATION LIMITED ASSOCIATION LIMITED TES T TO THE 1 •FINAN FINANCIAL STATEMENTS STAT MENT — -31 31 MARCH A H 2025[2025]
(d) (d) Income Income from from contracts contracts for for the the supply supply of of services services[is] is recognised recognised with with the the delivery delivery of of the the contracted contracted service. service. This This is is
classified classified as as unrestricted unrestricted funds funds unless unless there there is is a a contractual contractual requirement requirement for for it it to to be be spent spent on on a a particular particular purpose purpose and and
returns returns if[if] unspent, unspent,[in] in which which case case it it may may be be regarded regarded as as restricted. restricted.
Resources Resources Expended Expended
Expenditure Expenditure is[is] recognised recognised on on an an accruals accruals[basis] basis as as a a liability liability is[is] incurred.[incurred.] Expenditure Expenditure includes includes any any VAT VAT which which cannot cannot be be fully fully recovered, recovered, and and is is classified classificd under under headings headings of of the the statement statcrnent of of financial financial activities activities to to which which it it relates: relates:
(a) (a) expenditure expenditure on on[raising] raising funds funds includes includes the the costs costs of of all all fund fund raising[raising] activities, activities, events, events, non-charitable non-charitable trading trading activities, activities, and and the[the] sale sale of of donated donated goods. goods.
(b) (b) expenditureon expenditure on charitable charitable activities activities includes includes all all costs costs incurred incurred by by a a charity charity in in undertaking undertaking activities activities that that further further its its charitable charitable aims[aims] for[for] the[the] benefit[benefit] of[of][its] its[beneficiaries,] beneficiaries, including including those[those] support support costs[costs] and[and] costs[costs] relating relating to[to] the[the] governance governance
of of the[the][charity] charity apportioned apportioned to[to] charitable charitable activities. activities.
(c) (c) other expenditure includes other expenditure includes all all expenditure expenditure that that is is neither neither related related to to raising raising funds finds for for the the charity charity nor nor part part of of its its
expenditureon expenditure on charitable charitable activities. activities.
All All costs[costs] are are allocated allocated to[to][expenditure] expenditure categories categories[reflecting] reflecting the[the] use use of[of] the[ the] resource. resource. Direct[Direct] costs[costs] attributable[attributable to] to a a single[single] activity activity are are allocated allocated directly directly to to[that] that activity. activity. Shared Shared costs costs are are apportioned apportioned between between the[the] activities activities they they contribute contribute to to on on a a reasonable, reasonable, justifiable justifiable and[and][consistent] consistent basis.[basis.]
Tangible Tangible[Fixed] Fixed[Assets] Assets
Tangible Tangible[fixed] fixed assets assets are are measured measured at at cost cost less less accumulative accumulative depreciation depreciation and and any any accumulative accumulative impairment impairment losses. losses. Depreciation Depreciation[is] is[provided] provided on on all all tangible tangible[fixed] fixed assets, assets, other[other] than[than] freehold freehold land,[land,] at[at] rates[rates] calculated calculated to[to] write off off the[the] cost,[cost,]
less less estimated estimated[residual] residual value, value, of of each each asset asset evenly evenly over over its its expected expected useful useful life. life.
Financial Financial Instruments Instruments A provisionsA provisions[financial] financial asset of of[asset] the[the] or a[or] instrument.[instrument.][a] financial[financial] liability liability is[is] recognised[recognised only] only when[when] the[the] charity[charity] becomes[becomes] a a party party to the[to][the] contractual contractual Basic Basic[financial] financial instruments instruments are are initially initially recognised recognised at[at] the[the] amount amountreceivable receivable or or payable payable including including any any related[related] transactions transactions costs. costs.
Current Current[assets] assets[and] and[current] current liabilities liabilities are are subsequently subsequently measured measured at[at] the[the] cash[cash] or or other[other] consideration consideration expected[expected] to[to] be[be] paid paid or or received[received][ and] and not not discounted. discounted.
Debt Debt instruments instruments are are subsequently measured subsequently measured at[at] amortised[arnortised] cost. cost.
Where Where investments investments in[in][shares] shares are are publicly publicly traded traded or or their their fair fair value value can can otherwise otherwise be[be] measured measured reliably, reliably, the[the]
investment investment is is subsequently subsequently measured measured[at] at fair fair value value with with changes changes in[in] fair fair value value recognised recognised in[in] income income and and expenditure. expenditure. All All other[other] such[such] investments investments are[are] subsequently subsequently measured measured at[at] cost[cost] less[less] impairment. impairment.
Other Other financial[financial] instruments, instruments, including including derivatives,[derivatives,] are arc initially initially recognised recognised at at fair fair value, value, unless unless payment payment for[for] an an asset asset is is deferred[deferred] beyond beyond normal normal business business terms terms or or financed financed at[at] a a rate rate of of interest interest that that is is not not a a market market rate, rate, in[in] which which cast cast the[the]
asset asset is is measured measured at at the the present present value value of of the the future future payments payments discounted discounted at at a a market market rate rate of of interest interest for for a a similar similar debt debt
instrument. instrument.
Other Other[financial] financial instruments instruments are are subsequently subsequently measured measured at at fair fair value, value, with with any any changes changes recognised recognised in[in] the the statement statement of of financial financial activities, activities, with with the the exception exception of of hedging hedging instruments instruments in in a a designated designated hedging relationship. hedging relationship.
Any Any reversals reversals[of] of impairment impairment are are[recognised] recognised immediately, immediately, the[the] extent extent that[that] the[the] reversal[reversal] does[does] not not result[result] in[in] a[a] carrying[carrying]
amount amount of[of][ the] the[financial] financial[asset] asset that[that] exceeds[exceeds] what what the[the] carrying[carrying] amount amount would would have been[have] been had[had] the[the] impairment impairment not not
previously previously been been recognised. recognised,
Financial Financial assets assets that that are are measured measured at[at] cost cost or or amortised amortised cost cost are are reviewed reviewed for[for] objective objective evidence evidence of of impairment impairment at[at] the[the]
end end of of each each reporting reporting date. date. If If there there is is objective objective evidence evidence of of impairment impairment and and impairment impairment loss loss is is recognised recognised under under the the appropriate appropriateheading heading in[in][the] the statementof statement of financial[financial] activities activities in[in] which which the[the] initial initial gain gain was was recognised. recognised.
10 10
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| | | | | || |
JENGANA A ASSO ASSOCIATION IATION LIMITED LIMITED
NOTES TO THE FINANCIAL STATEMENTS ~ 31 MARCH 2025
For For all all equity equity instnjmcnts instruments regardless regardless of of significance,[significance,] and and other other financial financial assets assets that that are are individually individually significant, significant, these these
are are[assessed] assessed individually individually for[for] impairment. impairment. Othcr Other financial financial assets assets are are either[either] assessed assessed individually individually or or grouped grouped on on the[the]
basis basis of of similar similar credit credit risk risk characteristics. characteristics.
4 LEGAL L G STATUS STATUS OF THE OF THE COMPANY COMP
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The|The|Charity|Charity|is|is|a|a Company|Company|Limited|Limited|by|by|guarantee|guarantee|and|and|has|has|no|no|share|share|capital.|capital.|The|The liability|liability|of|of each|each member|member|in|[in]|the|[the]|event|event|
|of|of winding-up|winding-up|is|is|[limited]|limited|to|to|£1.|LI.|
|5JNCQMING|[RESOURCES]|
|CURRENT YEAR|CURRENT YEAR|Restricted|Restricted|Unrestricted|Unrestricted|
|Funds|Funds|Funds|Funds|Total|Total|
|2025|2025|2025|2025|2025|2025|
|£|£|£|
|Incoming|Incoming|resources|resources|from|from|Donations|Donations|and|and|charitable|charitable|activities|activities|93586|93586|81138|81138|174724|174724|
|£93586|03586|£81138|$81138|£174724|74724|
|PRIOR|PRIOR YEAR|YEAR|Restricted|Restricted|Unrestricted|Unrestricted|
|Funds|Funds|Funds|Funds|Total|Total|
|2024|2024|2024|2024|2024|2024|
|&|£|£|
|Incoming|Incoming|resources|resources|from|from|Donations|Donations|and|[and]|charitable|charitable|activities|activities|74819|74819|49584|49584|124403|124403|
|£74819|E74819|£49584|E49584|£124403|E124403|
|6 EXPENDITURE|1|E|ON|ON|CHARITABLE|CHARITABLE|ACTIVITIES|ACTIVITIES|
|2025|2025|2024|2024|
|£|£|
|Support|Support Costs|Costs|[for]|for projects|[projects]|£182054|E182054|£138532|E138532|
|7|ZTSTAFF|TAFF|COSTS|O|T|
|The|The|Charity|Charity|does|does|not|not have|have|any employees|any|employees|all|[all]|services|[services]|are|are|provided|[provided]|on|on|a|a|voluntary|voluntary|basis.|[basis.]|
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8 8 TRUSTEES TRUSTEE REMUNERATION REMUNERATION AND ND EXPENSE EXPENSES
No No remuneration[remuneration] or[or] other[other][benefits] benefits[from] from employment[employtnent] with[with] the[the] charity[charity] or[or] a[a] related[related] entity[entity][ were] were received[received] by[by] the[the]
trustees. trustees. No No trustce’s[trustee's] expenses expenses[have] have[been] been incurred. incurred.
9 ANALYSIS OF CHARITABLE FUNDS
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2025|2024|2024|
|At|At|[31]|31|March|March 2024|2024|89099|89099|£|103228|103228|£|
|ExpenditureIncome|IncomeExpenditure|[for]|for the|[thc]|for|[for]|period|period|the|[the]|period|period|182054174724|174724182054|124403138532|124403138532|
|Balance|Balance|[at]|at|[31]|31|March|March 2025|[2025]|£81769|$81769|coamaans|£89099|E89099|eile|
|=|—==|
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