Registered number N1653491 Charity number NIC107583 J29 Project Ltd Report and Accounts for the year ended 30 June 2024 ADF)RCC3 0911112024 COMPANIES HOUSE A15
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J29 Project Ltd Report and accounts Contents Page Company information Trustees, report Independenl examiners, report Statement of financial activities Balance sheet Notes to the accounts
J29 Project Ltd Company Infonnation Trustees Mike Bambri¢k (appolnted 1 July 2023) Lena Bambrick (appointed 1 August 2023) Jane Carr (appointed 1 September 2023) Hilary Leathem (appointed 10 October 2023) Barbara Anne Gamble (reslgned 1 August 2023) David James Gamble (resigned 1 August 2023) ndrew Hackett (resigned 1 July 2023) Cheryl Elizabeth Hackett (resigned 9 October 2023) Accountants SJO Accountants Ltd 37 Movilla Street Nevrtownards Co Down 8T23 7JQ Registered office 26a Downshire Place Banbridge Co Down BT32 3DF Reglstered number N1653491 Charity numb•r NIC107583
J29 Proleet Ltd Regi8tÈr•d numb•r: Trustee•, Report 141653491 The trus¢ee$kvnI thr P)rtaa a¢cfyJnts fr year eThled 30 Jufte 2024. C¢nstitutlon The ¢ho1ty l$wKtl¢uted a8 a Limited ty GLo¥arrte8 In acts)rthnc8with the Compan8 ObA•ets ofth• eharlty The ehaiws otlectth ale as fc4k8.'. The athan¢emt of the chrbl.an rdigion for the befi10f the PL41¢ witiiintho 8anbriLtyt and suffothdirvJ e3$. The prevention ¢Y p)vety * tsciltsting 8duc8tiDn wcwarnrne4 rnenk¥irvJ and pastoral fortts)se ijeemed al dsk of tng In poverty. The rellef ol Fovety by way of IocAldor•llon• and ryKttc•l luppyt lo f•millu lrnlNl¢Ali wllhln Ihg e•nMd38 ir•J Ilvlng In ilbJatk)rA ol lood, I1 cknthing povety. The use ol plwsKal fifv8s. heath and wellteingforthB greater g)Jd oflhe local c¢rnmthty. The and protection c4 hearth by eTrJagiThJ dlrectty in ol cl •utk1• and 4Ckl èemvloui by WOFde thIn tm 8DthTldg• •reJ and Ihe fiitatton olouldd• irtefy•ntton tr•kni¢w Ind preventa k¥cgramm. The advancemtrt ol eanmuthty ¢evelopment * provldin9 a FYOFety whern th• IfAI eommunity came corne logethei and oyall of the le< provldèd for the tettement of ts kxal ?rea and lo wovtdp thB CPF#Jlunity for l¢xal 10 show¢88e thelr e&lIve 8ts"Ie8 In keen9 the Chrfjstlan 81$ of t Lyganhgtw. Th• 808101 th"#J tyoirdrg •ndth ty FyovWI • ring• ol kYoyarnme8. work•hO •rJ prolect$ loi ts IcrAI cornrnuThty. Tlw rdlel ol t10 In rn•d by r•tton el youth, ag•. 111 h8Jllh. Lllutslty, nnjrnlil ha¥dthp or olher diM&4onlMg• ty •m¢O all our 8•fvleM and uNvothlro of our purFO8M •m ai a¢¥18 Ict e¥w of Ilw loe41 mMty •• l• thyik•My poMlt4• r•q•rd•M cl •oclal •tsr¢Jr4 or pef8onol clrcum$IaQ. relkl of uremployment lor bBnefil Ly a#rdliryJ thD6e not ¢wrenlty In emthrnerrt wllh ernF4wgIty skllb in Lythr to obt8ln empnt •nd to Ilnk wilh ¥nd ac¢ety enpp wtth loral empers In order lo prtyli ernploynpnt ATrJ irnpyovo Ihe corxilion8 of Ill• lor É8id Inhabrtants ty a6sociatirvJ with th• 6t8tsrt¢Yy I011118. volurrtary ¢rganlMtx+r ar Inhabttonl• In • common frffort to m••1 our obl•CtlI In•oC0rthn t•n•ltt10 m• or•aler Bfftfti¥W cornmmty. Tiu#t••s The InJ8teeB, are akn Ilw directorn lor Ihe PWFQ80 ol compry IwAt. a1 ¥erj thB year are IIBt8d beluw, and are #ppDJnt•d at It• annual genergl mBe None ol the tTUSi•e$ f•• ary ter¢ll¢lo1 Inlere•t In I cornpony, All ¢1 tht tru&t••i •r• of Il ¢nyA guir•nte to ¢ontrtbL¢e £1 Intp •v•rt ol •ny r1a u J29 Prol•cl Ltd cwrenlty h•• lour trwt•e8 who all (8pte In the djy to ¢•y wnnlN4oftr• twslnM#. Mlke 8arnMck lapwirded 1 JUW 20231 Lena Barnl¢k lappolnted 1 August 20fdl Jane C8rr l•pm)Inled ISeptemLr 20231 Hllory Le•tlm lappolnted 10 Ctlcter 20231 Il•tht•d part The charty has rK+ related part. A•VI polley It18 th8 pollty d lh• Board ol L¥r•dor• lo Mplrtaln•dentlr£o 1è5ery05 th• onwirg financlal rnquhm•nt• of th• CKgrty. man•g•m•nt The 8oafd of .ClOr$ Nqve Jswse(l the mpjw r8 lo wlich Ilw ctrorty is •xp)std, in rt•r10s• rdala<Jto OFeratknn oftfe Charty and are sab'6fied t1 6y8tem$ are In Vg¢e to rnillgate wr expvsur8 lo thè major risks. Small ¢omynyprovhkns Th1& reprrt ha5 ten prerAred in KwriJanc• wllh Ihe provhlon& In Part 115 of comF•n Act 2CQ6 aF¥i¢able lo ¢onwr4•6 8itsl•ct to Il• srnll ¢ornp¥rdv5 180ime. Th repJrlwas apprned by Iho t¥Jard on 8 Novemtei 2024 and Sig on hall. Hllary Le8lPem Trltstee
J29 Project Ltd Independent Examln¢rs' Report Independent examlners, report to the ¢hailty trustees al J29 Project Ltd We Trport on Ihe ata)unts for Ihe year ended 30 June 2024. arn sot outon pagès 4- 6. Re5pectlve responslbllltles of ¢harlty trustees and examln¢r As the charity's ffitsièes (ond also th• d1CtOrS of the company lor th8 purposes of cfjfflp•ny l•wl you are r8$Fonsiblè for the preparation of the ac£¢unts In oc¢xl1an¢• thith tha Compani•$ Act 2006. Having satisfied ourselves that the charity 1$ not $ubiecl to audit under company law. and is eligible for an indepeThdent examinalion. it is our msporibility to: - examine the aonts under section 65 ofthè Charities kt - follow1he prpcedur8s13id in the general Difecliorts 9iven by tho Charity Commisslon for Northern Irgl•nd under seclion 65I9llbl of lh• Charili•s Acl - stat8 wthèr particular motter& havè come tg our •a•nlon. Basls of Independent examlftets. report We have examin your chgrity •¢ts)Ltnts #s rgquiTed under %clion 65 Of th• Ch8riti•s h£t ¥nO our •xamination canied out in acts)rdance V•ith th• genernl Dirn¢lions given by ts Charity Commission for Northgm Irel•nd under S•Lt'on 65 (911bl of Iho Chafilies Act. The ex4mino1ion Included 4 review ol the accountin9 r•¢or(Is kept by the charfty and • <•mp4nson ol th• I(Unts presentod within Ihose re¢ord$. It also induded Mnsideration ol any unusual items or disclogJrns in the accounts. ond seoking oxrAan?tions from you. 90 charity trust•e8 (x>nc•rnin9 any suth matrors. Our role 18 10 Ststs 4th•th•r •ny m•t•rf•l mattern h•ve come to our 8ltsntion, 919 US C•US• to b•li•vo'. 1. Th•1 th? •cc•unling records •rn not k•pt In act0•nC• Yith q•cllon 388 vf Comp•nl•s kt 2008 2 That the arUnts do not acc4rd ith thoge a¢oufttiftg rnts)fds 3. That th• acuunts do not MPFY wilh the 8rt•unting requirnments of s•ction 396 of Ihg Companies Act 28 arKI with th& ffffjlhods arrfj prinaplos ol thb Charitios Statement of Roc4mmendod Prnclice gpplicobio ty tharbties preparing Ihoir accounts In accordanc• With th• Financièl R•wting Stsndgrd pICable in th? UK and R•publl¢ of Ir•hrKI 4. That th•r• 1$ lurthfrr inlomwton no•d•d lor a propel und•rntsnding 01 th• a¢Utr ts b• r••¢h•d. Independent Examlners. Statement Wo have c•mpl8tsd our eMgmintion and hav• no c•nefjms in rgsppct of tho m81tsrn (11 to (41 list8d •bov• •nd, in eannoctron ¥•ith follofjng th• Dir•cllon8 of th• Ch8rity Commls*ion for 14orthom Irel•nd, hav• found no m•ttor8 th•t rnquir• drnY•ing to your ott•ntion. Jo thccounfronts ltrd SJO Axount•nty Ltd Chartorod Man8Ment A¢c•untsnts 37 Movllla Str••l No4rd5 Co Oown 8T23 7JQ 8 Novwnb•r 2024
J29 ProJKt Ltd Statement ol Flnanclal kllvlllos for the •r ended 30 Jun• 2024 2024 Unr•s¢vl¢t¢d Funds 2024 R•strl¢t•d Funds 2024 2023 Tgtrl Total Incomin9 Resour5 42.072 86.7 110.161 Coots ol g¢n•rollng voluM•ry Ir¢om• 7,641 15.4tr2 23.043 24,932 Gros¥ surplu4 37,043 28,670 63.713 Charitable expenditu 84,327 19,496 103,8r3 104,C62 Net Incomlnglloulgolngl r•V)u 147,2841 7,174 (40.110) {18,853) Net movemwt In funds Reconclliation of funds Fund bal•nc• t 1 July 2023 82,810 31,572 94,382 113,235 Tr4n81ers b•tw) lund• (1.1621 1.1S2 Fund bal•nu at 30 Jun• 21r24 94 382
J29 Project Ltd Registered number: Balance Sheet as at 30 June 2024 N1653491 Notes 2024 2023 Fixed assets Tangible assets 11,840 14,800 Current assets DebtOTS Cash at bank and in hand 11,448 70,858 82,306 45,132 45,132 Creditors: amounts falling due within one year (2.700) (2,724) Net current assets 42,432 79,582 Net assets Total Funds General Funds Restricted Funds 14,364 39.908 62,810 31.572 Shareholders. funds The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge thelr responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered In accordance with the special provisions applicable to companle8 Subject to the small companles regime. Approved by the directors and signed on their behalf by: Lth¢- Hilary Leathem Trustee Approved by the board on 8 Novernber 2024
J29 Project Ltd Notes to the Accounts for the year ended 30 June 2024 1 Statement of Trustees Responsibilities The rules of the Charity reqlre th8 Trustees lo prepafe 4co)unls for ••¢h financlal year whlch glve a truo and lair view ol Ihe &ale ol affairs of the Chartty arvj of the surplvs or deflcll lor that riod. In preparing those accaunls, the Truees are required to.. select suitable accounting p)licies and then apply them consistently., m•ko judgements and esllmale& Ihat are reasonable ond piudenl.. and prepare the aCntS on the goln9 ncM basis unless11 1$ Inapprowlale lo presume that the Charty will continue in business. The Truslees are re8pon%ble lor maintaining pro1 ac¢ounling records under Section 63 of thg Charities Aot (Northern Ireland) 2008 are suffkbent lo show and explaln all the Ch8rlty'8 Iransacllon.. whlch are Such as lo dI8c1088 wKh r•a80nable ac£urary the financlol posllon of the Charlty,. and vknlch •nabkn the trustee8 lo ensure Ih•l the ount$ prepared o)mply wllh sedion 64(1) of the Act. They are also responwble for safeguardln9 the assets of the Charity, Including the maintenance ol adequate prooedures to prevent and deted fraud and other Irregularilles. 2 Accountlng pollcles A¢counllng Conv•ntlon The accounts are piepared under the h10 cost 0)nventn. They ¢ompty with the requlroments ol Slalement ol Re¢ommended Practlc• 'Afxounllng and R•portlng by Cher+tles' I'SORP) and are In •cra•n¢• %%llh •ppllcabl• accounllrw slandardB. Genernl A¢¢umulatgd Funds General acGumulalpd funds are unrestrlcled lunds avallable to the Challty k+r Ils general purposes and Indude lunds designal•d by the Charty for a partlcular purpose,. the use ol su¢h lynds remains al Ihe dls¢retlon of the Charty$ Tru8t••8, Rastrkt•d Fund8 Reslrlctèd funds arè funds subct to restrictions Imposed by Ihe donor or ty the ¥peGifi¢ lerms of the appeal under which the funds are ralsed. The restridlons are binding upon the Company. Incom• All Inc4)me Is aCC¢Ltnted f¢r vthln lh• Ch•rfty ha$ onlitl¢m•nt, there 1$ rtaInty of recelpt and the amount 1$ measurabl•. Gov•m•n¢e. Il•nag8nMnl & Admlnlstratlon Governan, m•nag&menl and admlnlstrallon •xpenses felale to th• %tho18 ol th• CharlV$ actlvllies • proportlon ol thesè charges ar• allocal•d lo expendllure headlngs on a basls that Is CnI1¥tOnI %lh the us• ol th• resources. Tanglble ffxed as$8ts Tanglble flxed awls are measured at accumulotNe depreclallon and any aUMUlat5¥ Impalrnenl1018es. Depreciallon 18 provided on all tènglbte fixod 08sa18. other than freehold land and bulldlro8. al rnle• c•lculaled lo wrlte off the coat. less estimated iesdual value, of eaGh owt, a¥ follows.. Furniturè & èqulpmont 20% Teduclng balanc•
J29 Prolect Ltd Notes to the Arxounts for the year ended 30 Jun• 2024 Short tgrn dèbtors are measured at transactlon pri¢e {whlch Is Lwally the involce prlce}, less any impaimient108ses for bad and doublfvl debts. Loans and other financial assets are initially recognised at Iransadion price including any transacllon c#$ and subsequgnlly measured al Jmortised wsl dglermined u8lw th• elfvctlvo Interest mglhod, I•Gs any impalrmanl bsses for bad and doubtful debls. Cr110T$ Short lem credito(s are measured al Iransaclion price {1¢ is usually the invoice wice). Loans and olhei finandal liabilities 4r• inlbalty rettjgnised at transacllon price net ol any Iran8acllon coats and sub8equentty measured •t amortlsed Gosl d•termined usjng th? effe¢tlvo Int•rosl method. Taxatlon No lax has been provldèd In these aetounts becausè thè Incomè of thè charlty 18 vlthln the èxèmptlon granted by Secllons 466-493 ofthe CoTporalkn Taxes Ac 2010. P•nslon8 ConlribulSons lo deflned contr[lttOn plgn8 are empnd In the pgriod lo YthlGh th?y relate. J Employe88 2024 Number 2023 Number Av8rag• number ol p•r8on8 •mploy•d by th• compny 4 Tanglble 1Sxed •sset¥ Furngturn & equlpm•nt Cost Al 1 July 2023 At 30 JLtne 2024 D•pr•clatlon Al 1 July 2023 Charge for th¢ y¢ar AI 30 June 2024 18.853 Net boolt value AI 30 June 2024 AI 30 June 2023
J29 Project Ltd Notes to the Acc¢)unts for the year ended 30 Jun• 2024 6 Debtors 2024 2D2J Accrued Ino)rne other debtors 11.172 276 6 Credmors.. amounls lalllng due wtthln on• year 2024 1023 Accruals Taxollon so¢1 se¢urlty ¢ost$ 1.938 762 2.194 530 T Stsl•m•nl of Funds At 0110712023 In¢om• Exp•ndltyr• Tr•n•f•r• Ai General Reserves 62.810 (91.9681 (1.1621 14,364 Tolal Unroslrlcted lunds Restrlcaed Resepies 31.572 42.072 134,8981 1.162 39,908 Tol•l Reslrlcled R•serv•s 42072 Restfl¢ted reser41: Donatfon Rosehip food Oonalions Chrislmas Appeal Compasston family 94!pport R*stilcled donallon - wage8 ABC Councll Tttomp8on Gr•nl Halllax 8enef8Ct for staff costs Clanmill Houang Small Capftal Grnnt All ¢hurchè8 re 8asem•nl Co-operation Ireland - heaters 2020 Flxed assets 2019 Trusthou8e Grant 18,239 8,71)0 (S,7501 19,189 1,9(X) I1,9Cl 14,0431 14,5001 (7,3821 19,6521 2.957 4,000 7,382 7.362 8.490 2,100 2,100 3,681 461 138 4,952 576 11,2711 (1151 1285) Total i•strlcled lunds
J29 Project Ltd Notes to the Accounts for the year ended 30 June 2024 8 Twstees None of trustees received any remunerallon durlng the yg4r. 9 Other inlornmtlon J29 Project Ltd is a Private company limlted ty guarante• and incorporated In Northern Ireland. Ils iegistefed offi¢¢ 26a Downshlre Place Banbrldg8 Co Down BT32 30F
J29 Pioject Ltd Detalled proffit and togs account lor th• ènded 30 Jun• 2024 Thsscl&Julo do8s nol ft)m) p8rtollhg 81uWacccuiii$ Unr•Jtrlcted Tot•1 T1 Gener81 D)nalb) CXFer Income GAnt Irmrnè 41.922 2.714 41.922 2.714 74.Sg4 11.167 44 636 110143 Inwstrnntln¢off• 8•nk inl8r8Et rate 18 In¢ornfrnmwr•tlng actfvltlqs 110161 44 684 110161 R•%ourus •xp•ttded YothTh fftrk Costs Proglamme ce4t• Famty supwI sUpEB Chrslma$apt?lexpetw 7.25S 9.852 5,7 16.907 5.79) 12.448 12,(n) t>4•rh•d costs $4.575 1.922 1.479 781 3.470 1.126 4,412 9.70J 11.425 52.343 1.763 1,922 1.479 781 3.470 lrnlnlnga rkn•ni Tmel Repak5, mabfflenar & Ganlng Ingjtance Heata Yllhl R•nta rat•8 Pnnllno 8 8tqtknry 4.570 1.013 17.854 13.20) 271 4,912 1s.etsj 5.9CO 78 1,810 42 970 78 1.610 42 970 TdèpMcn?and fax CwwterMst8 Egvipmenl Expwsed AUnIBncY fee5 Volunteer refhm•nd vwth• gjndry nk inlvrut 4nO Brg•S 1.422 3.477 1.519 233 75 12 3,7C 165 26 26 1,2 1.671 Ch•TfAble •xpndlturn T1 mjHxp•n1I•d 919 129 014 10