Charity registration number 1130719 (England and Wales)
Company registration number 06826136
THE JEWISH VOLUNTEERING NETWORK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
THE JEWISH VOLUNTEERING NETWORK
LEGAL AND ADMINISTRATIVE INFORMATION
President
Rosalind Preston
Trustees
Joanne Coleman
Karen Cooper
Richard Werth
Daniel Levy
Eli Gaventa
Clive Nathan
Max Sobell
Debra Morris
(Appointed 4 July 2024)
Charity number
1130719
Company number
06826136
Registered office
Schaller House
Wohl Campus
44A Albert Road
London
NW4 2SJ
Chief Executive
Nicky Goldman
Bank
Unity Trust Bank
PO Box 7193
Planetary Road
Willenhall WV1 9DG
Independent examiner
Blinkhorns
27 Mortimer Street
London
W1T 3BL
THE JEWISH VOLUNTEERING NETWORK
CONTENTS
Page
Trustees' Report report
1 - 6
Independent examiner's report
7
Statement of financial activities
8
Balance sheet
9
Notes to the financial statements
10 - 18
THE JEWISH VOLUNTEERING NETWORK
TRUSTEES' REPORT REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The trustees, who are also directors of the organisation for the purposes of the Companies Act, present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum 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)" (effective 1 January 2019).

 

The Jewish Volunteering Network (JVN) is the leading hub for volunteering in the UK Jewish community. Since its establishment in 2007, JVN has connected thousands of volunteers with hundreds of charities, helping strengthen Jewish life and the wider voluntary sector. The trustees confirm that they have complied with their duty under the Charities Act to have due regard to the Charity Commission’s guidance on public benefit when carrying out the charity’s aims and activities.

 

Structure, Governance & Management

 

The charity is a company limited by guarantee without share capital. JVN is a registered charity governed by its Articles of Association. The charity is overseen by a Board of Trustees, who are responsible for strategic direction, governance, and compliance. Day-to-day management is delegated to the Chief Executive, supported by staff and volunteers. The board has also delegated authority to the following subcommittees:

 

 

 

Trustees are recruited for their skills, knowledge, and experience, and induction and training are provided to ensure they understand their responsibilities under charity law. The Board met regularly throughout the year, supported by sub-groups for finance, fundraising, and strategy.

Objectives and activities

JVN Exists to:

 

1. Connect volunteers to volunteering opportunities

2. Support volunteer managers in charities

3. Promote and celebrate volunteering in the Jewish community and wider charity sector

 

These objectives guided all our work in 2024-25.

Achievements and performance

 

Headline Impact 2024-25:

THE JEWISH VOLUNTEERING NETWORK
TRUSTEES' REPORT REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

1. Connect Volunteers to Volunteering Opportunities

Case Study: Volunteer Impact Story – Ivan’s Journey

Ivan, a young professional fundraiser, wanted to find a way to give back outside of his work. Through JVN’s brokerage service, he was matched with a befriending role at Jewish Care. He now spends an hour each week visiting an 86-year-old woman, sharing conversation and reading aloud from her memoirs.

For Ivan, volunteering has been a way to connect more deeply with the community and enrich his own week. For his befriendee, it has meant friendship, stimulation, and the joy of knowing her life story is being celebrated. This simple, regular commitment demonstrates the ripple effect of JVN’s work: one volunteer, one placement, but two lives transformed.

Case Study: Community Impact Story – Maccabi GB Community Fun Run

In June 2024, JVN recruited and managed over 40 volunteers for the Maccabi GB Community Fun Run. Volunteers supported runners and families, kept the event safe and welcoming, and were celebrated on social media with their own stories. This high-profile event showcased the power of volunteering in action — community spirit, teamwork, and fun.

2. Support Volunteer Managers in Charities

 

Case Study: Volunteer Manager Story – Learning Together

 

At a Volunteer Managers’ Forum, JVN brought together 16 managers to learn from Dominic Pinkney, who is leading London’s Vision for Volunteering project. One manager said afterwards:


“It’s rare to have a space just for us to share challenges and ideas. JVN gives us the tools and the confidence to manage volunteers well.”

 

Forums like these strengthen the whole sector, ensuring charities can recruit and retain volunteers more effectively.

 

3. Promote and Celebrate Volunteering

THE JEWISH VOLUNTEERING NETWORK
TRUSTEES' REPORT REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -

Case Study: Celebration Story – The JVN Awards

 

The JVN Awards 2024 brought together 350 people at The Grove to celebrate 103 volunteers and teams from 53 charities. One charity leader reflected:

 

“Being recognised at the JVN Awards gave our volunteers the biggest boost — they felt proud, valued, and part of something much bigger.”

 

The Awards do not just celebrate individual achievements; they inspire others to step forward and volunteer.

Financial review


During the year to 31 March 2025 the charity received donations, grants and other income amounting to £425,814 (2024: £340,727). Expenditure during the year amounts to £328,610 (2024: £362,596). Unrestricted reserves at 31 March 2025 amounted to £172,967 (2024: £165,093), restricted reserves amounted to £116,382 (2024: £27,052).

JVN continues to strengthen its financial position through diversified income streams:

 

Reserves are managed in line with policy to ensure sustainability. Detailed financial statements are provided in the statutory accounts.

 

Risk Management


Key risks identified in 2024–25:

Funding risk – there are risks inherent in the type of funding the charity has, the risk associated with this mitigated by continually reviewing funds available to the charity and following up to obtain donations.

Also the following keys controls are in place:

1. Regular monthly management accounts which are reviewed by senior management and trustees

2. Regular review of the monthly management accounts against budget

THE JEWISH VOLUNTEERING NETWORK
TRUSTEES' REPORT REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
Plans for future periods


In 2025–26 JVN will:

 

JVN Reserves Policy

 

Purpose

This policy sets out the approach of Jewish Volunteering Network (JVN) to maintaining reserves, ensuring the charity can manage risks and continue to operate.

 

Definition of Reserves

Reserves are the unrestricted funds available to the charity, excluding tangible fixed assets, designated funds, and any funds already committed to specific purposes or projects

 

Why JVN Hold Reserves

As JVN receives a very small amount of its funding from statutory agencies and relies heavily on donations, JVN must ensure that in the event of a significant drop in funding that it will be able to continue its activities until additional funds are raised.

 

Reserves are also maintained to:

 

Target Level of Reserves

The trustees have established a reserves policy to ensure that the charity has sufficient funds to meet its ongoing commitments and manage financial risk. The charity aims to maintain unrestricted reserves equivalent to 6 months with a target of 9 months of core operating expenditure.

 

This level allows the charity to manage short-term income fluctuations and unexpected expenditure.

 

This target is based on an assessment of the charity’s financial risks, commitments, and the need to maintain continuity and will be reviewed by the trustees annually.

 

Review and Monitoring

The reserves policy and the actual level of reserves held will be reviewed by the trustees at least annually, or more frequently if circumstances change. The trustees will take steps to build up or adjust reserves as necessary to meet the agreed target.

 

Disclosure

Details of the charity’s reserves policy and the current level of reserves will be included in the annual report and accounts.

Structure, governance and management

 

JVN is a charity registered with the Charities commission, registered no. 1130719, and an incorporated Company registered with Companies House, registered no 06826136. Trustees are appointed by the existing members of the trustee board and are listed with both Companies House and with the Charities Commission. The charity is a company limited by guarantee and was set up by a Memorandum of Association on 20 February 2009.

THE JEWISH VOLUNTEERING NETWORK
TRUSTEES' REPORT REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Joanne Coleman
Karen Cooper
Richard Werth
Daniel Levy
Paul Collin
(Resigned 4 July 2024)
Sara Conway
(Resigned 30 May 2024)
Eli Gaventa
Clive Nathan
Max Sobell
Debra Morris
(Appointed 4 July 2024)
Recruitment and appointment of trustees

The management of the charity is the responsibility of the trustees who are appointed and co-opted under the terms of the Articles of Association. New trustees are proposed following a transparent, skills-based recruitment process and approved by trustees at board meetings.

 

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Trustee's Responsibilities

 

The trustees, who are also the directors of The Jewish Volunteering Network for the purpose of company law, are responsible for preparing the Trustees' 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 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 financial statements, the trustees are required to:

 

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 financial statements 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.

 

In preparing this report, the trustees have taken advantage of the special provisions relating to small companies within Part 15 of the Companies Act 2006.

THE JEWISH VOLUNTEERING NETWORK
TRUSTEES' REPORT REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -

The Trustees' Report report was approved by the Board of Trustees and signed on their behalf by:

Clive Nathan
26 November 2025
THE JEWISH VOLUNTEERING NETWORK
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE JEWISH VOLUNTEERING NETWORK
- 7 -

I report to the trustees on my examination of the financial statements of The Jewish Volunteering Network (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

D M Cramer FCA
Blinkhorns
27 Mortimer Street
London
W1T 3BL
Dated: 26 November 2025
THE JEWISH VOLUNTEERING NETWORK
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
240,830
98,983
339,813
181,443
50,483
231,926
Charitable activities
4
81,704
-
81,704
105,207
-
105,207
Investments
5
4,297
-
4,297
3,594
-
3,594
Total income
326,831
98,983
425,814
290,244
50,483
340,727
Expenditure on:
Costs of raising funds
6
11,430
-
11,430
27,399
-
27,399
Costs of charitable activities
7
307,527
9,653
317,180
290,544
44,653
335,197
Total expenditure
318,957
9,653
328,610
317,943
44,653
362,596
Net income/(expenditure) and movement in funds
7,874
89,330
97,204
(27,699)
5,830
(21,869)
Reconciliation of funds:
Fund balances at 1 April 2024
165,093
27,052
192,145
192,792
21,222
214,014
Fund balances at 31 March 2025
172,967
116,382
289,349
165,093
27,052
192,145

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THE JEWISH VOLUNTEERING NETWORK
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
12
421
1,261
Current assets
Debtors
13
18,300
-
Cash at bank and in hand
326,562
206,884
344,862
206,884
Creditors: amounts falling due within one year
14
(55,934)
(16,000)
Net current assets
288,928
190,884
Total assets less current liabilities
289,349
192,145
The funds of the charity
Restricted income funds
16
116,382
27,052
Unrestricted funds
17
172,967
165,093
289,349
192,145

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 trustees on 26 November 2025
Clive Nathan
Chairman
Company registration number 06826136 (England and Wales)
THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 10 -
1
Accounting policies
Charity information

The Jewish Volunteering Network is a private company limited by guarantee incorporated in England and Wales. The registered office is Schaller House, Wohl Campus, 44A Albert Road, London, NW4 2SJ.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 2019). 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 not to prepare a Statement of Cash Flows.

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

The accounts have been prepared under the historical cost convention. The accounts present a true and fair view and no changes have been made to the principal accounting policies adopted below.

 

The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Restricted funds are donations and grants which the donor has specified are to be solely used for a particular area of the charity's work or for specific projects undertaken by the charity. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income

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.

 

The charity received money mainly through donations and events occurring within the year.

Donations

Donations are recognised on receipt or when JVN becomes entitled to the income and receipt is probable. No income is recognised for donations that are promised but not yet received (e.g., pledges), unless there is sufficient evidence of entitlement and receipt is probable.

THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 11 -

Grants

Grant income is recognised in the Statement of Financial Activities (SoFA) when JVN has:

 

1. Entitlement - control over the rights or other access to the resource has passed to the charity,

2. Probable receipt - it is more likely than not that the economic benefits will flow to the charity, and

3. Reliable measurement - the amount of income can be measured with reasonable accuracy.

 

Where a grant is performance-related or has specific conditions attached that must be met before the charity becomes entitled to the funds, income is deferred until those conditions are fulfilled or it is matched with expenditure.

 

Where a grant is for a particular time period the income will be spread over the relevant time period.

Income tax recoverable in relation to donations received under gift aid or deeds of covenant is recognised at the time of receipt of the gift aid.

1.5
Expenditure

All expenditure is accounted for on an accruals basis and has been included under expense categories that can be directly related to each activity. Where costs cannot be directly attributed to particular activities they have been allocated on a consistent basis.

 

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

 

Costs of charitable activities relate to the furtherance of the charities objectives.

 

Costs of raising funds relate to events and other activities through which the charity raises its profile.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity’s activities.

 

These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 8.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33.33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
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.

THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 12 -
1.8
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Donations and gifts
203,730
25,000
228,730
167,343
25,000
192,343
Grants
37,100
73,983
111,083
14,100
25,483
39,583
240,830
98,983
339,813
181,443
50,483
231,926
THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 13 -
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Membership Subscriptions
9,900
13,480
Events
70,774
86,082
Fees
1,030
5,645
81,704
105,207
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Bank interest
4,297
3,594
6
Expenditure on costs of raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Staff costs
11,430
27,399
THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 14 -
7
Expenditure on charitable activities
2025
2024
£
£
Direct costs
Staff costs
228,770
225,676
Depreciation and impairment
840
1,608
Travel costs
1,601
2,020
Consultancy
2,740
3,236
Miscellaneous expenses
3,578
4,591
Seminars and meetings costs
2,273
3,407
Awards
20,160
12,901
Rent and service charges
21,280
21,300
Advertising and marketing
10,340
18,188
Website and IT
9,018
18,088
Bank charges
471
284
Insurance
1,288
1,569
Training and membership
8,123
17,391
Accountancy
5,016
3,600
Professional subscriptions
1,682
1,338
317,180
335,197
Analysis by fund
Unrestricted funds
307,527
290,544
Restricted funds
9,653
44,653
317,180
335,197
8
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's independent examiner:
- for other financial services
3,600
3,600
Depreciation of owned tangible fixed assets
840
1,608
The independent examination was carried out by the examiner on a pro bono basis, and no remuneration was paid for this service.
9
Trustees

None of the trustees (or any persons connected with them) received any remuneration or were reimbursed for any expenses during the year.

 

During the year total donations of £20,800 (2024: £16,760) were received without conditions from trustees or other related parties.

 

THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 15 -
10
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
9
9
Employment costs
2025
2024
£
£
Wages and salaries
220,176
232,551
Social security costs
15,400
16,227
Other pension costs
4,624
4,297
240,200
253,075
The number of employees whose annual remuneration was more than £60,000 is as follows:
2025
2024
Number
Number
£70,000 - £79,999
1
1
11
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12
Tangible fixed assets
Computer equipment
£
Cost
At 1 April 2024
9,522
At 31 March 2025
9,522
Depreciation and impairment
At 1 April 2024
8,261
Depreciation charged in the year
840
At 31 March 2025
9,101
Carrying amount
At 31 March 2025
421
At 31 March 2024
1,261

 

THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 16 -
13
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
18,300
-
14
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Other taxation and social security
5,116
5,240
Deferred income
15
45,933
6,050
Trade creditors
252
-
Other creditors
1,033
1,110
Accruals
3,600
3,600
55,934
16,000
15
Deferred income
2025
2024
£
£
Other deferred income
45,933
6,050

Deferred income is included in the financial statements as follows:

2025
2024
£
£
Deferred income is included within:
Current liabilities
45,933
6,050
Movements in the year:
Deferred income at 1 April 2024
6,050
5,150
Released from previous periods
(6,050)
(5,150)
Resources deferred in the year
45,933
6,050
Deferred income at 31 March 2025
45,933
6,050
THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
16
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

 

At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
Website Refresh
17,710
25,000
(5,670)
37,040
Training & Seminars
9,342
-
-
9,342
Grant Writer
-
70,000
-
70,000
Regional
-
3,983
(3,983)
-
27,052
98,983
(9,653)
116,382
Previous year:
At 1 April 2023
Incoming resources
Resources expended
At 31 March 2024
£
£
£
£
JVN Connect
11,243
18,250
(29,493)
-
Website Refresh
4,990
25,000
(12,280)
17,710
Training & Seminars
4,989
7,233
(2,880)
9,342
21,222
50,483
(44,653)
27,052
17
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025
£
£
£
£
General funds
165,093
326,831
(318,957)
172,967
Previous year:
At 1 April 2023
Incoming resources
Resources expended
At 31 March 2024
£
£
£
£
General funds
192,792
290,244
(317,943)
165,093
THE JEWISH VOLUNTEERING NETWORK
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 18 -
18
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
421
-
421
Current assets/(liabilities)
172,546
116,382
288,928
172,967
116,382
289,349
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
1,261
-
1,261
Current assets/(liabilities)
163,832
27,052
190,884
165,093
27,052
192,145
19
Related party transactions

During the year, JVN received a donation of £70,000 from The Nimrod Trust where the Chief Executive of JVN, is a trustee.

 

This transaction has been disclosed in accordance with the Charities SORP (FRS 102), as it represents a material related party transaction with conditions attached.

 

No other related party transactions occurred during the year, other than trustee transactions detailed in note 9 of the financial statements.

 

 

 

 

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