Charity Registration No. 1097999
Company Registration No. 04691806 (England and Wales)
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
S D Jenkins
S Derderian
Charity number
1097999
Company number
04691806
Registered office
6th Floor
9 Appold Street
London
EC2A 2AP
Bankers
Barclays Bank Plc
1 Churchhill Place
London
E14 5HP
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
CONTENTS
Page
Trustee' report
1 - 2
Statement of Trustee' responsibilities
3
Independent examiner's report
4
Statement of financial activities
5
Balance sheet
6
Notes to the accounts
7 - 10
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
TRUSTEE' REPORT (INCLUDING DIRECTORS' REPORT)
For the year ended 31 March 2023
Page 1
The Trustees present their report and accounts for the year ended 31 March 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's Memorandum and Articles, the Companies Act 2006 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)”

Objectives and activities

The Sanela Diana Jenkins Foundation for Bosnia (In Memory of Irnis Catic) acts as administrative consultants and advisers with the aim of organising, funding, managing and administering the treatment of illness, disease or infirmity, promoting physical and mental health, and supporting the relief of poverty, whether by the provision of accommodation or otherwise. The Foundation’s work is undertaken in connection with any place or activity in any part of the world but particularly in Bosnia and Herzegovina and the United Kingdom.

 

In addition, the charity aims to establish and carry on in any part of the world but particularly in Bosnia and Herzegovina and the United Kingdom any activity by means of which students may obtain education and instruction in languages, mathematics, geography and history, and all other subjects whatsoever that may be included in a commercial, technical, scientific, classical or academic education, or may be conducive to knowledge of or skill in any pursuit or calling.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Achievements and performance
Financial review

The Board of Trustees consider that the charity has made satisfactory progress in achieving its objectives. The Board of Trustees aim to continue offering financial support for selected projects as decided by the trustees.

It is the policy of the Board of Trustees to maintain a reserve sufficient to assist the organisation in its financial planning by making funds available to cover temporary cash flow deficits and allowing the organisation to react to issues by being able to give donations to relevant causes over and beyond those already budgeted for in any given financial year.

 

Surplus funds are deposited in an interest bearing account with Barclays Bank Plc.

The Board of Trustees has assessed the major risks to which the Foundation is exposed and is confident that the necessary management systems and strategies have been implemented to mitigate against those risks.

Structure, governance and management
The Trustees, who are also the directors for the purpose of company law, and who served during the year were:
S D Jenkins
S Derderian
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
TRUSTEE' REPORT (INCLUDING DIRECTORS' REPORT) (Continued)
For the year ended 31 March 2023
Page 2

Trustees are appointed by ordinary resolution, but (unless otherwise determined by ordinary resolution) shall not be subject to any maximum. Selection of trustees is based on their expertise and specific interest in the activities of the charity.

 

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £10 in the event of a winding up.

The Sanela Diana Jenkins Foundation For Bosnia (In Memory of Irnis Catic) is a company limited by guarantee without any share capital and is governed by a Board of Trustees that convenes on an ad hoc basis. Organisational decisions are made by the Trustees who are also responsible for financial management of the charity.

The Trustee' report was approved by the Board of Trustees.

S Derderian
Dated: 7 November 2023
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
STATEMENT OF TRUSTEE' RESPONSIBILITIES
For the year ended 31 March 2023
Page 3

The Trustees, who are also the directors of The Sanela Diana Jenkins Foundation for Bosnia (In memory of Irnis Catic) for the purpose of company law, are responsible for preparing the Trustee' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

 

Company Law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

In preparing these accounts, the Trustees are required to:

 

- select suitable accounting policies and then apply them consistently;

 

- observe the methods and principles in the Charities SORP;

 

- make judgements and estimates that are reasonable and prudent; and

 

- prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

 

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Companies Act 2006. 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.

THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
Page 4

I report to the Trustees on my examination of the financial statements of The Sanela Diana Jenkins Foundation for Bosnia (In memory of Irnis Catic) (the Charity) for the year ended 31 March 2023.

Respective responsibilities of Trustees and examiner

The Trustees, who are also the directors of The Sanela Diana Jenkins Foundation for Bosnia (In memory of Irnis Catic) for the purposes of company law, are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

(i)
examine the accounts under section 145 of the 2011 Act;
(ii)
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
(iii)
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:
(a)
which gives me reasonable cause to believe that in any material respect the requirements:
(i)
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
(ii)
to prepare accounts which accord with the accounting records, comply with the accounting requirements of 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
have not been met or
(b)
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Moore Kingston Smith LLP
6th Floor
9 Appold Street
London
EC2A 2AP
Dated: 7 November 2023
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
For the year ended 31 March 2023
Page 5
Unrestricted
Unrestricted
2023
2022
Notes
£
£
Income from:
Donations and legacies
2
77,400
66,148
Investments
3
40
1
Total income
77,440
66,149
Expenditure on:
Charitable activities
4
65,211
65,398
Net income for the year/
Net movement in funds
12,229
751
Fund balances at 1 April 2022
1,213
462
Fund balances at 31 March 2023
13,442
1,213

There are no recognised gains and losses other than those passing through the profit and loss account.

The profit and loss account has been prepared on the basis that all operations are continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
BALANCE SHEET
As at 31 March 2023
Page 6
2023
2022
Notes
£
£
£
£
Current assets
Cash at bank and in hand
24,510
12,281
Creditors: amounts falling due within one year
8
11,068
11,068
Net current assets
13,442
1,213
Income funds
Unrestricted funds
13,442
1,213
13,442
1,213

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The Trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

 

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved by the board of directors and authorised for issue on
7 November 2023
07 November 2023
and are signed on its behalf by:
S Derderian
Trustee
Company Registration No. 04691806
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
NOTES TO THE  FINANCIAL STATEMENTS
For the year ended 31 March 2023
Page 7
1
Accounting policies
Charity information

The Sanela Diana Jenkins Foundation for Bosnia (In memory of Irnis Catic) is a private company limited by guarantee incorporated in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.

1.1
Accounting convention

The accounts have been prepared in accordance with the Charity's Memorandum and Articles of Association, the Companies Act 2006 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)” (as amended for accounting periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102.

 

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The accounts are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustee' continue to adopt the going concern basis of accounting in preparing the accounts.

1.3
Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4
Incoming resources
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
NOTES TO THE  FINANCIAL STATEMENTS (Continued)
For the year ended 31 March 2023
1
Accounting policies
(Continued)
Page 8
1.5
Resources expended

Project expenditure has been charged to the income and expenditure account in the period the project opens, is published, or occurs. Expenditure on future projects is included in current assets as work in progress.

1.6
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Debtors and creditors

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans and other debtors receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 

Creditors

Short term trade creditors and other current creditors payable on demand are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in net income/expenditure for the period.

2
Donations and legacies
2023
2022
£
£
Donations and gifts
77,400
66,148
3
Investments
Unrestricted
Unrestricted
funds
funds
2021
2020
£
£
Interest receivable
40
1
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
NOTES TO THE  FINANCIAL STATEMENTS (Continued)
For the year ended 31 March 2023
Page 9
4
Charitable activities

 

 

2023
2022
£
£

Difference on foreign exchange

637
(124)

Consultants

61,171
59,739

Bank charges

151
229
61,959
59,844
Share of support costs (see note 5)
-
2,494
Share of governance costs (see note 5)
3,252
3,060
65,211
65,398
5
Support costs
Support costs
Governance costs
2023
2022
Basis of allocation
£
£
£
£

Support costs

-
-
-
2,494

Accountancy fees

-
3,252
3,252
3,060
Governance
-
3,252
3,252
5,554
Analysed between
Charitable activities
-
3,252
3,252
5,554
6
Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.

7
Employees

The average monthly number of persons employed by the company during the year was:

2023
2022
Number
Number
-
0
-
0
THE SANELA DIANA JENKINS FOUNDATION FOR BOSNIA (IN MEMORY OF IRNIS CATIC)
(LIMITED BY GUARANTEE)
NOTES TO THE  FINANCIAL STATEMENTS (Continued)
For the year ended 31 March 2023
Page 10
8
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
-
4,560
Other creditors
8,068
3,508
Accruals and deferred income
3,000
3,000
11,068
11,068
9
Related party transactions

At 31 March 2023 £8,068 (2022: £3,508) was owed to S D Jenkins. This balance is interest free and repayable on demand except that S D Jenkins has indicated she will not withdraw these monies if to do so would leave the charity unable to pay other creditors. During the year S D Jenkins made donations of £77,400 (2022: £66,148) to the charity.

Remuneration of key management personnel

The remuneration of key management personnel, who are also directors, is as follows.

2023
2022
£
£
-
-
2023-03-312022-04-01falseCCH SoftwareiXBRL Review & Tag 2022.2The members have not required the company to obtain an audit046918062022-04-012023-03-3104691806bus:Director12022-04-012023-03-3104691806bus:Director22022-04-012023-03-31046918062023-03-31046918062021-04-012022-03-31046918062022-03-31046918062021-03-31046918062022-03-3104691806bus:FRS1022022-04-012023-03-3104691806bus:IndependentExaminationCharity2022-04-012023-03-3104691806bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP