REGISTERED CHARITY NUMBER: 1041297
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
FOR
DONOR CONCEPTION NETWORK
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
Rye
East Sussex
TN31 7LJ
DONOR CONCEPTION NETWORK
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
|
Page |
Page |
Page |
Reference and Administrative Details |
|
1 |
|
Letter from the chair |
|
2 |
|
Report of the Trustees |
3 |
to |
5 |
Independent Examiner's Report |
|
6 |
|
Statement of Financial Activities |
|
7 |
|
Balance Sheet |
|
8 |
|
Notes to the Financial Statements |
9 |
to |
14 |
DONOR CONCEPTION NETWORK
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 JULY 2024
TRUSTEES |
Ms S Dean Chair |
|
Mr G Marx Trustee |
|
Ms H Drinkwater Trustee (resigned 13/10/2023) |
|
Ms E Issacs Trustee (resigned 19/9/2023) |
|
Mr T Amies-Cull Trustee |
|
Ms R Wall Trustee |
|
Ms R Gundesen Trustee |
|
Ms C Le Guyader Trustee (appointed 6/11/2023) |
|
Ms C Gilling Smith Trustee (appointed 6/11/2023) |
PRINCIPAL ADDRESS |
Unit 305, Clerkenwell Workshops |
|
27-31 Clerkenwell Close |
|
Farringdon |
|
London |
|
EC1R 0AT |
REGISTERED CHARITY |
1041297 |
NUMBER |
|
INDEPENDENT EXAMINER |
Gibbons Mannington & Phipps LLP |
|
Chartered Accountants |
|
Landgate Chambers |
|
Rye |
|
East Sussex |
|
TN31 7LJ |
Page 1
DONOR CONCEPTION NETWORK
LETTER FROM THE CHAIR FOR THE YEAR ENDED 31 JULY 2024
ThisyearhasbeenahighprofileonefortheDonorConceptionNetwork.Notonlydidwecelebrate the
Network's30thanniversarybut2023wasasignificantyearasthefirstcohortofchildrenconceived after
theUKlawchangeturned18attheendoftheyear.Weheldasuccessfulfundraisingdrinksevent and
launchedamajorsocialmediacampaigntocelebrateour30thandarepreparingnewsupport services
foryoungpeopleandfamilies.Wehavealsodevelopedourrelationshipswithourclinicsupporters and
expanded the scheme to include new clinics.
Thisyearsawsomesignificantprogressinseveralareas.WehaveseentheNetworkgofromstrength to
strengththankstoexpandingourservicesonlineandcontinuedinvestmentintoourpresence and
engagementonsocialmedia.Wehavealsomadeasignificantinvestmentindevelopmentofa new
website,whichwentliveMarch2024.Thisisalreadytransformingthewayweofferservices and
increasingourefficiency.Ourmembersarenowseeingthebenefitsintermsofimprovingaccessto the
support and information we offer.
Wehavecontinuedtooffermanyofourservicesonlineintandemalongsidein-personeventsaswe know
thereishugevalueinboth.WeranconferencesinLondonandBristol,bothwell-attended,atestament to
thevalueofbringingourcommunitytogether.WealsointroducedanewGettingStartedevent for
prospectiveparentswhichwashighlysuccessful.Ouronlineoffercontinuestobevery successful,
attracting a lot of participants to our workshops from beyond the UK, which is fantastic.
Weareverygratefultoourvolunteerteamofaround100dedicatedindividualswhodosuchgreat work
supportingmembers,actingasourfrontline.Wecontinuetowelcomemorenewmembers,aswell as
increasing retention of existing members.
Mythanksgotothestaff,volunteers,trusteesandsupportersforyourongoingcommitmentto the
Network.Wearewellplacedtocapitaliseonthesuccessfullaunchofournewwebsiteand increased
socialmediapresencetoensuretheNetworkcontinuestothriveandmeetthesupportand information
needs of the wider donor conception community.
Sue Dean
November 2024
Page 2
DONOR CONCEPTION NETWORK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31July2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
OBJECTIVES AND ACTIVITIES
Objects of the charity
Thecharityisanunincorporatedassociationwhichwasestablishedbyaconstitutiondated24 September
1994andamended3March2000and20thOctober2015withthefollowingobjectives:to advance
educationinhumanfertility,fertilisationandembryology,assistedconception,geneticsandtheimpact of
non-geneticrelationshipsbytheprovisiontoparentsofchildrenconceivedbysperm,embryoor egg
donation,tothechildrenthemselvesandtothosecontemplatingorundergoingtreatment, of
information, advice, counselling and support.
Donor Conception Network's Vision and Mission
TheDonorConceptionNetwork'svisionisasocietywhereaclimateofopennessandunderstanding about
donorconceptionenablespeopleconsideringittomakeinformeddecisionsandhelpsbuildfamilies who
are confident, accepted and have a secure identity.
TheDonorConceptionNetwork'smissionistodeliverhighquality,non-judgementalandinclusive support
andinformationtowould-beandcurrentparentsandtheirchildrentoenablethemtonavigatethe often
complex and individual journey of donor conception.
Weareapioneeringparent-ledandchild-centredorganisationandatrustedauthorityonthesocial and
emotionalaspectsofbuildingorexpandingafamilyusingdonorconception.Weareattheforefront of
thedonorconceptionmovement,bringingour30yearsofexperienceandthevoicesofourmembers to
inform professionals, practitioners and policy makers in the UK and worldwide.
How our activities deliver public benefit
TheNetworkisaprofessionally-runsupportorganisationforfamiliesusingdonorconception.It performs
a vital role in providing information and support to prospective parents and donor conception families.
Page 3
DONOR CONCEPTION NETWORK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024
OBJECTIVES AND ACTIVITIES
Our activities
Membership
MembershipcontinuedtogrowovertheyearandinNovember2023wedidamajortidyupofold records
andnon-activemembers.TheintroductioninNov2022ofbothautorenewasthedefaultandthe option
topaymonthlyhaveprovedverysuccessfulintermsofretentionandimprovingaccessibility by
spreading the financial load for members across the year.
Website
InMarch2024welaunchedournewwebsitewhichwillenableustodomuchmoreandoffer members
more content and service access online.
DCN Helpline
Ourphoneandemailhelplinesprovideinvaluablesupporttomembers,thegeneralpublic and
professionals working in the field wishing to discuss specific donor conception-related issues.
Local groups/meetups and online chats - for members
During2023/24ourvolunteersranlocalmeetupsaroundtheUK,someeventsbeingforadultsonly and
others catering for families with children. We also ran our popular, facilitated Zoom Chats for members.
Theseactivities,pluswelcomingnewmembers,weremadepossiblebyourteamofaround 100
volunteers.Weranseveralvolunteersupportsessionsduringtheyearwhichwerewellattended and
appreciated.
Communications
Werebrandedourbi-annualJournal-nowcallingitamagazinewithanewname,'DCNPerspectives'. We
producedourregularweeklynewsbulletinformembersandhadanactivepresenceonsocialmedia. We
spokeatvariouseventsandengagedwithprofessionalsworkinginthefieldtoeducatethemon the
long-term implications for families using donor conception.
Workshops
Weranafullprogrammeofworkshopswhichareopentobothmembersandnon-members.We offer
DestinationParenthoodworkshopsforpeopleconsideringdonorconceptionandTellingandTalking for
thosewithchildrenupto7yrs.Wealsorunaworkshopforprofessionalsworkinginthefield'Making It
Real'.
DCN Conferences
Wearefullybacktobusinessasusualwithregardtoourconferences.Weheldanout-of- London
conferenceinSheffieldinOctober2023andinMay2024weranourannualLondonconference.In June
weheldour4thVirtualConference.Beingonline,itmeantpeoplefromallovertheworldwereable to
access this valuable event.
Getting Started - New event
WehavelongrecognisedthattheLondonconferencecanbeoverwhelmingforpeoplewhohaven't had
childrenyet.InApril2024welaunchedaneweventspecificallyforprospectiveparentscalled 'Getting
Started'.Thiseventisplannedtocomplementourconference,bothintimeandcontent.Theformat is
designedexclusivelyforpeopleattheearlierstageofconsideringdonorconception.The London
conferencewillbecomeourmaineventforfamilies,wherepeoplecanbringtheirchildrenandhave the
opportunity of attending the activities we run for children.
Projects
AprilTrustfundingtomakeanewfilmforourworkshops:Theprojectworkcontinued,with a
slight delay due to availability of the editing team. The planned completion date is November 2024.
Website and Digitalisation project: this project completed in March 2024.
Advocacy and awareness
Wesupportedanumberofresearchprojectproposals.DCNResearchOfficer,YaelIlan,continuedin her
roleaspartoftheConnecteDNAprojectbeingrunbyManchesterUniversityandontheadvisory board
fortheDigitalDCproject.ThroughtheyearweparticipatedintheregularHFEAandPOSGmeetings and
had regular meetings with the HFEA.
Page 4
DONOR CONCEPTION NETWORK
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024
OBJECTIVES AND ACTIVITIES
InAugust2023weparticipatedintheFNUKLGBTroutestoparenthoodcourse.Intheautumnof 2023,
weattendedtheMySurrogacyJourneyconferenceandhadastandattheModernFamilyShow, where
we also spoke.
In January 2024, Nina Barnsley was invited to speak at the BFS conference in Edinburgh.
InMarch2024wewereinvitedtoattendthefirstFutureFertilityShowinDublin,Ireland,havinga stand
thereaswellas2speakingslots.SurrogacyUKinvitedustoparticipateintheirannualconference in
April 2024, both speaking and running an information stand.
We exhibited at the Fertility Show in May 2024 as well as having a speaking slot that weekend.
InNovember2023weparticipatedinNationalFertilityAwarenessWeekandinApril2024we participated
in the second International Donor Conception Awareness Day (IDCAD).
Wehadseveralengagementswithjournalists,raisingawarenessoftheparticularissuesfor donor
conceptionfamilies.Autumnof2023wassignificantasthefirstchildrenconceivedaftertheUK law
changeturned18inNovember.Thenumberofpeoplethatthenewlawappliedtowhohaveturned18 is
currently small, but that will change dramatically over the coming years.
How we are funded
TheDCNetworkhasfivemainsourcesofincome:membershipsubscriptionsanddonations; membership
activities(e.g.conferences);publicationsales;workshopincome;andincomefromourClinicand Lawyer
Supporter Schemes.
Membershipsubscriptions,giftaidanddonationsaccountforalargeproportionofourincomeand this
incomesupportstheservicesthatweoffertomembers.Theseinclude:planningourannual conferences;
biannualjournal/magazinetomembers;supportingourlocalgroupsandmeetupsthroughouttheUK; our
regular bulletins to members; and our email and telephone support services.
Publicationsales:Ourpublicationscontinuetosellwellaroundtheworld,reflectingthebroader reach
that our small charity achieves.
Workshopincome:Tokeeppricesaslowaspossible,ourworkshopsaredesignedtobe self-funding,
ratherthanprofitmaking,withtheincomereceivedmatchingthecostofdeveloping,organising and
delivering these specialised, highly-sensitive and professionally-run events.
Ourcorporatesupporterprogrammesgeneratepartofourincomeandweareverygratefultoall our
clinic and lawyer supporters.
FINANCIAL REVIEW
Reserves policy
At the balance sheet date the total funds of the Charity were £66,673 (2023: £57,422).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.
Approved by order of the board of trustees on 31 January 2025 and signed on its behalf by:
Ms S Dean - Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
DONOR CONCEPTION NETWORK
Independent examiner's report to the trustees of Donor Conception Network
IreporttothecharitytrusteesonmyexaminationoftheaccountsofDonorConceptionNetwork (the
Trust) for the year ended 31 July 2024.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under Section 145(5)(b) of the Act.
Independent examiner's statement
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalisted body.
IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberofthe Association
of Chartered Certified Accountants, which is one of the listed bodies.
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention 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 Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Mr David Ashby FCCA ACA
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
Rye
East Sussex
TN31 7LJ
7 February 2025
Page 6
DONOR CONCEPTION NETWORK
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
76,551
Charitable activities
Charitable Activities
172,386
Other trading activities
3
42,347
Investment income
4
524
Total
291,808
EXPENDITURE ON
Charitable activities
Operations
280,714
NET INCOME/(EXPENDITURE)
11,094
RECONCILIATION OF FUNDS
Total funds brought forward
51,262
TOTAL FUNDS CARRIED FORWARD
62,356 |
Restricted
funds
£
-
-
-
-
-
1,843
(1,843)
6,160
4,317 |
2024
Total
funds
£
76,551
172,386
42,347
524
291,808
282,557
9,251
57,422
66,673 |
2023
Total
funds
£
78,838
169,608
36,819
-
285,265
308,535
(23,270)
80,692
57,422 |
|
|
|
|
The notes form part of these financial statements
Page 7
DONOR CONCEPTION NETWORK
BALANCE SHEET 31 JULY 2024
Unrestricted
Restricted
fund
funds
Notes
£
£
FIXED ASSETS
Tangible assets
9
520
-
CURRENT ASSETS
Debtors
10
12,611
-
Cash at bank
60,197
4,317
72,808
4,317
CREDITORS
Amounts falling due within one year
11
(10,972)
-
NET CURRENT ASSETS
61,836
4,317
TOTAL ASSETS LESS CURRENT
LIABILITIES
62,356
4,317
NET ASSETS
62,356
4,317
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS |
2024
Total
funds
£
520
12,611
64,514
77,125
(10,972)
66,153
66,673
66,673
62,356
4,317
66,673 |
2023
Total
funds
£
-
1,900
62,633
64,533
(7,111)
57,422
57,422
57,422
51,262
6,160
57,422 |
|
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
31 January 2025 and were signed on its behalf by:
Ms S Dean - Trustee
The notes form part of these financial statements
Page 8
DONOR CONCEPTION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
1. STATUTORY INFORMATION
DonorConceptionNetworkisanunincorporatedcharity,registeredinEngland&Wales. The
charity'sregisterednumberandregisteredofficeaddresscanbefoundintheReportof the
Trustees.
2. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
INCOME
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Anyamountsreceivedinadvanceforeventstakingplaceaftertheaccountingperiod are
recognised as deferred income when received.
EXPENDITURE
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Computer equipment- 33% on cost
TAXATION
The charity is exempt from tax on its charitable activities.
FUND ACCOUNTING
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charity's
pensionschemearechargedtotheStatementofFinancialActivitiesintheperiodtowhich they
relate.
continued...
Page 9
DONOR CONCEPTION NETWORK
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024
3. OTHER TRADING ACTIVITIES
Publication sales
Sponsorships
INVESTMENT INCOME
Interest income |
2024
£
37,347
5,000
42,347
2024
£
524 |
2023
£
36,819
- |
|
|
36,819 |
|
|
2023
£
- |
4. INVESTMENT INCOME
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2024norfor the
year ended 31 July 2023.
TRUSTEES' EXPENSES
Therewerenotrustees'expensespaidfortheyearended31July2024norfortheyear ended
31 July 2023.
6. STAFF COSTS
Wages and salaries
Social security costs
Other pension costs |
2024
£
142,583
6,862
3,085
152,530 |
2023
£
131,625
5,525
3,172 |
|
|
140,322 |
The average monthly number of employees during the year was as follows:
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
78,838
Charitable activities
Charitable Activities
169,608
Other trading activities
36,819
Total
285,265
EXPENDITURE ON
Charitable activities
Operations
285,423 |
|
2024
6
Restricted
funds
£
-
-
-
-
23,112 |
2023
6
Total
funds
£
78,838
169,608
36,819 |
|
|
|
|
|
|
|
285,265 |
|
|
|
308,535 |
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
Page 10
DONOR CONCEPTION NETWORK
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
NET INCOME/(EXPENDITURE)
(158)
RECONCILIATION OF FUNDS
Total funds brought forward
51,420
TOTAL FUNDS CARRIED FORWARD
51,262
8.
INDEPENDENT EXAMINERS' REMUNERATION
Fees payable to the charity's independent examiners for the
preparation and examination of the financial statements
Fees payable to the charity's accountants for bookkeeping and payroll
support
9.
TANGIBLE FIXED ASSETS
COST
Additions
DEPRECIATION
Charge for year
NET BOOK VALUE
At 31 July 2024
At 31 July 2023
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments |
Unrestricted
fund
£
NET INCOME/(EXPENDITURE)
(158)
RECONCILIATION OF FUNDS
Total funds brought forward
51,420
TOTAL FUNDS CARRIED FORWARD
51,262
8.
INDEPENDENT EXAMINERS' REMUNERATION
Fees payable to the charity's independent examiners for the
preparation and examination of the financial statements
Fees payable to the charity's accountants for bookkeeping and payroll
support
9.
TANGIBLE FIXED ASSETS
COST
Additions
DEPRECIATION
Charge for year
NET BOOK VALUE
At 31 July 2024
At 31 July 2023
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments |
|
|
Restricted
funds
£
(23,112)
29,272
6,160 |
|
|
|
|
|
2024 |
|
|
|
|
|
£ |
|
|
|
|
|
|
|
|
|
|
|
990 |
|
|
|
|
|
|
|
|
|
|
|
2,232 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,222 |
|
|
|
|
|
|
|
|
|
|
|
2024
£
2,750
8,770
1,091
12,611 |
|
|
|
|
|
|
|
continued...
Page 11
DONOR CONCEPTION NETWORK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
CREDITORS: AMOUNTS FALLING DUE WITHIN |
ONE YEAR |
|
|
2024 |
2023 |
|
£ |
£ |
Taxation and social security |
2,526 |
2,424 |
Other creditors |
8,446 |
4,687 |
|
10,972 |
7,111 |
12. MOVEMENT IN FUNDS
At 1/8/23
£
Unrestricted funds
General fund
51,262
Restricted funds
April Trust Film Project
4,317
Digital fund
1,843
6,160
TOTAL FUNDS
57,422
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
291,808
Restricted funds
Digital fund
-
TOTAL FUNDS
291,808 |
Net
movement
in funds
£
11,094
-
(1,843)
(1,843)
9,251
Resources
expended
£
(280,714)
(1,843)
(282,557) |
At
31/7/24
£
62,356
4,317
-
4,317
66,673
Movement
in funds
£
11,094
(1,843)
9,251 |
|
|
|
Comparatives for movement in funds
|
|
Net |
|
|
|
movement |
At |
|
At 1/8/22 |
in funds |
31/7/23 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
51,420 |
(158) |
51,262 |
Restricted funds |
|
|
|
April Trust Film Project |
5,434 |
(1,117) |
4,317 |
Digital fund |
21,338 |
(19,495) |
1,843 |
30th Anniversary Fund |
2,500 |
(2,500) |
- |
|
29,272 |
(23,112) |
6,160 |
TOTAL FUNDS |
80,692 |
(23,270) |
57,422 |
continued...
Page 12
DONOR CONCEPTION NETWORK
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
April Trust Film Project
Digital fund
30th Anniversary Fund
TOTAL FUNDS |
Incoming
resources
£
285,265
-
-
-
-
285,265 |
Resources
expended
£
(285,423)
(1,117)
(19,495)
(2,500)
(23,112)
(308,535) |
Movement
in funds
£
(158)
(1,117)
(19,495)
(2,500)
(23,112)
(23,270) |
|
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
|
|
Net |
|
|
|
movement |
At |
|
At 1/8/22 |
in funds |
31/7/24 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
51,420 |
10,936 |
62,356 |
Restricted funds |
|
|
|
April Trust Film Project |
5,434 |
(1,117) |
4,317 |
Digital fund |
21,338 |
(21,338) |
- |
30th Anniversary Fund |
2,500 |
(2,500) |
- |
|
29,272 |
(24,955) |
4,317 |
TOTAL FUNDS |
80,692 |
(14,019) |
66,673 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Unrestricted funds
General fund
Restricted funds
April Trust Film Project
Digital fund
30th Anniversary Fund
TOTAL FUNDS |
Incoming
resources
£
577,073
-
-
-
-
577,073 |
Resources
expended
£
(566,137)
(1,117)
(21,338)
(2,500)
(24,955)
(591,092) |
Movement
in funds
£
10,936
(1,117)
(21,338)
(2,500)
(24,955)
(14,019) |
|
|
|
|
Description of Restricted Funds
April Trust Film Project - Grant to update the films we use to support our workshop content.
continued...
Page 13
DONOR CONCEPTION NETWORK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
12. MOVEMENT IN FUNDS - continued
DigitalFund-Websiteanddigitalisationprojecttoupgradeourwebsiteandonline content
delivery.
30th Anniversary Fund - Funds allocated to support our 30th anniversary celebrations.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2024.
Page 14