APPENDIX 2 The St Jerome's Centre SC044241 Receipts and pa ments accounts For the pfrriod from 01 oi 2024 31 12 2024 Section A Statement of receipts and payments Unrestricted Rostrictod funds funds Expendable endowment funds Pennanent •ndowment furHI$ Total funds current period Total funds last period to n•arest £ Ornst £ to n•4rg81 t io ￿￿rest É to rnarosl £ io Marnst £ A1 Recei Donalions 48,667 2,050 SO,717 49,717 Le aaes Grants Receipts from fundraising activities Gross trading receipls Incon* from Investn*nts other than land and buildings Rents trom land & buildings Gross receipls from other charitable activilies Reciepts from Gift Aid Olher 18,314 4,697 4,69f 3.859 Al Sub total 63,007 2,050 65,057 71,890 A2 Receipts from asset & investment salg5 Proceeds from sale of lixed assets Proceeds from sale of Investments A2 Sub total Total receipts 63,007 2,050 65,057 71.890 A3 Payments Expenses for fundraising aclivities Gross Irading payments nvesltr£nt Mafiage￿￿nt costs Payments relating directly to charitable aclivilies Grants and donations 68.091 68.091 47,835 Governan￿ cosl5' Audit l independenl examination Bank Charges Trustee expenses 426 426 330 624 688 635 A3 Sub total 69,141 69,205 48,800 A4 Payménts relating to asset and Investment movements Purchases ol fixed assets Purchase of Investmenls A4 Sub total Total payments 69.141 69.205 48.800 16,134) 1,986 4.148 23,090 A5 Transfers to l (from) fund5 Su￿lUs / (deficit) foryear (6,134) 1,986 (4,148 23,090 APPENDIX 2 The St Jerome's Centre Section B Statement of balances SC044241 Unrestrfcted funds Expendable endowment funds to nearest £ Pefmanerrt endowrnent funds to n•ar•si £ Total current perlod to noarest £ Total last perlod to nearest £ Restricted funds lo nearest É to nearest £ 81 Cash funds Cash and bank balances at slart of year 30,689 4,358 3S,047 11,958 Surplus l (defial) shown on receipts and payments accounl 23,OB9 16,134) 1,986 (4,148) Cash and bank balances at end of year 24,555 30,899 35,047 Fund to whrch asset belongs valuation Last year to n•arest £ to n•arest £ B2 Investments NIA Totsl Fund to which as58t bolongs Cost (If avall•bkn Currant ¥alL•• (M ayailable) to n•arnst £ Last year to ￿ar•s1 £ to n•afO$t f 12.230 10,766 8,730 12,230 10.766 8,730 B3 Other assets Land and buildi remains an asset Unfestiicled Bus remains an asset Second ￿ece of land remains an asset wilh second buildi Unrestricted UnrestTiCted Total 31.726 31,726 F und lo which Ilabihty relaies Amount du• Last y•ar to n••r•st £ to r￿reSt £ 425 Accountanc Unrestncted 426 84 Lia bilities Total 426 425 Fund to which liabllity r•lates Amount du• (estimate) lo nearest £ Last yeai to Thurost £ B5 Contingent Ilabilities NIA Total Slgned by on• or two trustees on behalf of all the trustees Date of approval Slgnaturg Print Name 26 04.2025 APPENDIX 2 The St Jerome's Centre SC044241 Section C Notes to the Accounts C1 Nature and purpose of funds (may be stated on analysis of funds worksheets) This year we continue with our second bank account for an unrestricted fund. All funds recieved into the St Jerome's primary bank account are unrestricted. Unrestricted funds are those that may be used at the discretion of the trustees to use for the furtherance of the charity's purposes. All funds received into the St Jeromes LAPB bank account are restricted. This being is restricted for a developing project of funding of further education (post secondary school). This is still in its early fundraising stage. Indivldual I Instftution Number of grants made C2 Grants NIA Total C3a Trustee remuneration If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) C3b Trustee remuneration - details NIA C4a Trustee expenses If no expenses were paid to any charity trustee during the period then CfOSS this box (othewse complete section 4b) Number of trustees C4b Trusteo expenses - details Transaction amount (£) Balance outstanding at eriod ènd C5 Transactions with trustees and connected persons C6 Other information APPENDIX 2 The St Jerome's Centre SC044241 Additional analysis (1) Analysis of receipts and payments 1 Donatlons Unrestricted funds Expendable endowment funds to nearest £ Pernianent endowmenl funds to nearest £ Total ¢uffent period lo noamt £ Total last period to neamt £ Restrlcted funds to ngarest £ to noargst £ Regular donations One off donations 46,667 2,000 110 1,940 46,777 3,940 43.495 6.222 Totsl 48,667 2,050 50,717 49,717 2 Grants U nrestricted funds to nearest £ Total current period to nearnst £ Total last period to nearnst £ Restrlcted funds 10 nearest £ NIA Total 3 Gross receipts from other charitable activltles Unrtstrlcted funds Expendablo endowment funds to n•afest £ Pernianent endowment funds to nearnst £ Totsl currnnt rlod Total last period to nearesi £ Restricted funds to noaresl £ to noarost £ to nurost £ NIA Total 4 Payments relating directly to charitable activitles Un restflcted funds Expendable endowm•nt funds to nearest £ Pemian•nt endowrnent funds 10 nearest £ Total current period lo nearest £ Total last perlod lo nearftst £ Restricted funds lo nearest £ to nearest £ Wages (In Kenya) Food Water Energy SchoollNurserylCollegelEducation MedicallHealth Communication Transport AnimalslAgriculture Home repairslbuilding development Household Clothing Leisure AdministrationlKenyan feeslPaperwork Other one-offlProject costsIMis￿IIaneouS 20,261 13,277 1,095 2,410 16,910 2,013 244 1,387 660 3,922 415 2,049 1,1S2 1,165 1,130 20,261 13.277 1,095 2,410 16,910 2,013 244 1,387 660 3,922 415 2.049 1.152 1,165 1,130 16,263 10,535 826 1,631 11,932 1,104 204 813 834 1,002 60 426 415 1,321 469 Total 68,091 68.091 47,835 APPENDIX 2 SC044241 Additional analysis (2) 5 Brèakdown of unrestrlcted funds General Fund Total unrnstrfcted funds Total unrestflcted funds last period Recelpts Donations Legacies Giants Receipts from fundraising aclivities Gross trading receipts buildings Rents from land & buildings Gross re￿iptS from other charitable activities Reciepts from Gift AKI Other 48,667 48,667 47,250 9,644 18,314 4,697 4,697 3,859 Sub total 63,007 63.007 69,423 Receipts from asset & investment sales Proceeds from sale of fixed assets Proceeds from sale of investmenls Sub total Total receipts 63,007 63,007 69,423 Payments Expenses for fundraising activities Gross trading payments Investment management costs Payments relating d wectly to charilable activities Grants and donations Govemance costs: 68,091 68.091 65,154 Audit l independent examination Bank Charges Trustee expenses 426 426 300 624 624 710 Sub total 69,141 69,141 66,164 Payments relating to asset and invegtment movernents Purchases of fixed assets Purchase ol Investments Sub total Total payments 69,141 69,141 66,164 (6,134) 16,134) (4,282) Transfers to l (froml funds Surplus / (deficit) for year 16,134) (6,134) 14,282) Nature and ur ose of funds Scottish Charity Number: SC044241 Report of the Committee and Unaudited Financial Statements for the Year Ended 31 December 2024 for The St Jerome's Centre THE ST JEROME'S CENTRE Contents of the Financial Statements for the Period Ended 31 December 2024 Page Report of the Committee Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 5t07 Detailed Statement of Financial Activities Report of the Committee for the Period Ended 31 December 2024 The committee present their report with the financial statements of the voluntary organisation for the period ended 31 December 2024. The committee have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS Principal address Independent examiner STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The voluntary organisation is controlled by its governing document, a deed of trust, and constitutes as a SCIO. Risk Management The committee have a duty to identify and review the risks to which the voluntary organisation is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ON BEHALF OF THE COMMirrEE: 15/09/25 Date Independent Examinerfs Report to the Committee of The St Jerome's Centre I report on the accounts for the period ended 31 December 2024 set out on pages three to seven. Respective responsibilities of committee and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ("the 2005 Act") and the Charities Accounts (Scotland) Regulations 2006 (as amended) ("the 2006 Regulations"). The charity's trustees consider that the audit requirement of the Regulation 10(l)(d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section (44)(1)(c) of the 2005 Act and to state whether particular matters have come to my attention. Basis of the independent examinerfs report Our examination is carried out in accordance with Regulations 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In connection with our examination, no matter has come to our attention: (l) Which given us reasonable cause to believe that, in any material respect, the requirements To keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and To prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Regulations have not been met, or (2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date 15/09/25 Statement of Financial Activities For the Period Ended 31 December 2024 Year ended 31112124 Year ended 31112123 Total Funds Total Funds Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income 65,057 71,890 RESOURCES EXPANDED Costs of generating funds Costs of generating voluntary income 69,205 48,800 Governance costs Other incoming resources Total resources expended 69,205 48,800 NET INCOMING RESOURCES -4,148 23,090 Total funds brought forward 35,047 11,958 TOTAL FUNDS CARRIED FORWARD 30,899 35,047 Balance Sheet At 31 December 2024 Year ended 31112/24 Year ended 31112/23 Notes Total Funds Total Funds CURRENT ASSETS Cash in hand Cash at bank 30,900 35,047 30,900 35,047 CREDITORS Amounts falling due within one year NET CURRENT ASSETS 30,900 35,047 TOTAL ASSETS LESS CURRENT LIABILITIES 30,900 35,047 NET ASSETS 30,900 35,047 Funds Restricted Funds Unrestricted Funds 6,344 24,555 4,358 30,689 TOTAL FUNDS 30,899 35,047 The financial statements were approved by the Committee on 15/09/25 and were signed on its behalf by: Notes to the Financial Statements For the Period Ended 31 December 2024 I. ACCOUNTING POLICIES Accounting Convention These accounts have been prepared on the accruals basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts {Scotland) Regulations 2006 (as amended). Incoming Resources All incoming resources are included on the Statement of Financial Activities when the voluntary organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy Resources expended Expenditure is accrued for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resource. Taxation The voluntary organisation is exempt from tax on its voluntary organisation activities. Fund accounting Unrestricted funds can be used in accordance with the voluntary organisations objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the voluntary organisation. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 2. COSTS OF GENERATING VOLUNTARY INCOME Wages Food Water Energy School/Nursery/College/Education Medical/Health Communications Transport Emergency Fund Animals/Agriculture Home Repairs/Building Development Household Clothing Leisure Administration/Kenya Fees/Paperwork Other & Bank Charges 20,261 13,277 1,095 2,410 16,911 2,013 244 1,387 130 660 3,922 415 2,049 1,152 1,591 1,688 £ 69,205 3. TRUSTEE'S REMUNERATION AND BENEFITS There were no committees, remuneration or other benefits for the period ended 31 December 2024. 4. MOVEMENT IN FUNDS At 01 January 2024 Net Movement In Funds At 31 December 2024 Restricted Funds LAPB 4,358 1,986 6,345 Unrestricted Funds Donations Fundraising Other 26,185 3,029 1,475 (5,234) (605) (295) 20,951 2,423 1,180 35,047 (4,148) 30,900 5. MOVEMENT IN FUNDS (CTD) Net movement in funds, in the above are as follows: Incoming Resources Resources Expended Movement In funds Restrirted Funds LAPB 2,050 (64) 1,986 Unrestricted Funds Donations Fundraising Other 48,667 9,644 4,696 (53,901) (10,249) (4,991) (5,234) (605) (295) TOTAL FUNDS 65,057 (69,205) (4,148) Detailed Statement of Financial Activities For the Period Ended 31 December 2024 INCOMING RESOURCES Year Ended 31112124 Voluntary Income Income 65,057 65,057 Total incoming resources 65,057 Fundraising trading: cost of goods sold and other costs Wages Food Water Energy School/Nursery/College/Education Medical/Health Communications Transport Emergency Fund Animals/Agriculture Home Repairs/Building Development Household Clothing Leisure Administration/Kenya Fees/Paperwork Other & Bank Charges 20,261 13,277 1,095 2,410 16,911 2,013 244 1,387 130 660 3,922 415 2,049 1,152 1,591 1,688 Other incoming resources Bank interest received Total resources expended 69,205 Net Income (4,148) APPENDIX 1 oscr,.. Period start date Month Year Period end date Month Year Day Day To 01 01 2024 31 12 2024 Office of the Scottish Charity Regulator Reference and administration details Charity name Other names charity is known by Registered charity number Charity's principal address The St Jerome's Centre St Jerome's Children's Home SC044241 Names of the charity trustees on date of approval of Trustees, Annual Report Name of pe￿on (or body) entltled to appolnt trustee (If any) Trusteo name Offico (If any) Dates acted If not for whole year 10 11 12 13 14 15 16 17 18 19 20 Reference and administration details Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period) Name Datss acted If not for whole year Structure, governance and management Type of governing document The St Jerome's Centre's governing document is a constitution, effective from 2nd September 2013, the date OSCR granted charitable status. This constitution still stands and has no amendments. Trustee recruitment and appointment As per the constitution: Application for Charity Trusteeship. Any person, nominated individual or body wholwhich wishes to become a Charity Trustee must sign a written application for Charity Trusteeship; and for a corporate body, that application must be signed by an appropriately authorised officer of that body who will remain as the representative of that corporate body until such time as the corporate body informs the Board otherwise. Applications will then be considered by the Board at its next Board meeting. The Board must notify each applicant promptly (in writing, which includes by e-mail) of its decision on whether or not to admit him/her/it to Charity Trusteeship. Under the constitution there must be a minimum of 3 trustees and a maximum of 9 trustees. Objectives and activities Charitable purposes On registering with OSCR our charitable purposes were stated as: The advancement of education The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage. We have been and still are working with these purposes in mind. Summary of the main activities in relation to these objects Although The St Jerome's Centre carries out most of its fundraising activities in the UK, our activities are carried out in Kenya. Currently The St Jerome's Centre runs a children's home in Nakuru, Kenya. In 2024 we provided full time care, accommodation, food, healthcare, welfare and nurserylprimary schooling costs for 24 children. Throughout the year this number may have varied slightly as we continued to take temporary care of a number of children whilst family tracing or suitable family guardians were assessed. We have also been supporting 11 additional children in secondary education, providing full secondary school fees and some support with accommodation and living costs. We also have been supporting 8 young people in college, having chosen a vocational course instead of formal secondary education. In 2024, The St Jerome's centre continued to develop community outreach projects, including a local feeding programme, and supported a further 33 children. In order to run this facility, we employ local Kenyan staff to take care of the day to day running - in doing this we are also providing a living wage for those staff. Throughout 2024 we have been employing 7 Kenyan staff. Details of any deficit For our primary account (unrestricted fund) in 2024, expenditure exceeded income by £6134. This was contrary to 2023 where we raised a large surplus. on￿ again there were no points during the year where our bank balance went into negative or we were in any debts. We aim to continue to push fundraising in 2025 including our second charity ball. For our new LAPB account and restricted fund we have began fundraising and not yet commenced the project so our income has exceeded expenditure by £1986 in this fund. Donated facilities and services (if any) Other optional information Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Position (e.g. Chair) Treasurer Date 30.04.2025 Achievements and performance Summary of the main achievements of the charity during the financial period During the financial period of 1st January 2024 to 31st December 2024 there have been many achievements for The St Jerome's Centre. Here are some of the significant ones: Improvements were made to the home including completion of the perimeter wall, new sink and washing area, roof and kitchen improvements. Improvements in health noted following a change to treated water. 2 of our post secondary students are now undertaking a college course - 1 in plumbing and 1 in travelltourism. Both are performing well and enjoying living independently. Improved grades at school with tuition and revision books. The children enjoyed a day trip to agricultural show and swimming trips with trustees visiting. Many years ago St Jerome's supported a young person who was resident at St Jerome's and subsequently supported through Secondary School. One of our generous sponsors continued to support them with catering and barista courses and a few years later this young person went on to work in Dubai. In 2024 they had secured the fInan￿S and an employment sponsorship to come and work in the UK. They have since continued to give back to St Jerome's financially and have visited St Jerome's to encourage others with their inspirational journey. We continued to push fundraising and participated in the Big Give Christmas Campaign. We Financial review Brief statement of the charity's policy Our aim is to have 3 months, reserves in the account, to cover basic on reserves running costs in order to cover unexpected expenditure and to keep the organisation running should normal income be reduced. At the end of the financial year the bank balances totalled £30,899. This amounts to about 4-5 month's reserves. We aim to maintain, or exceed, the 3 month target in the next financial year.