THE DANDY CHARITABLE TRUST (Registered Charity No 1071115)
REPORT AND ACCOUNTS
For the year ended 30 June 2022
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THE DANDY CHARITABLE TRUST
(Registered Charity No 1071115)
REPORT OF THE TRUSTEES for the year ended 30 June 2022
OBJECTS
The Charity was constituted by a Deed of Trust dated 29[th] May 1998 and is registered for the following purposes :
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a) the relief of poverty and human suffering and distress,
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b) the advancement of education,
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c) the advancement of religion,
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d) other purposes beneficial to the community and public interest.
ACTIVITY
During the year covered by this Report the Fund’s financial highlights were :
2022 2021 £ £ Total income 120,996 77,168 Total expenses 235 239 Grants and donations 19,325 17,143 Net investment in stocks and shares 102,299 60,207 Realised gains (net) on portfolio sales 3,008 20,321 Unrealised (depreciation)/appreciation of portfolio (138,038) 152,441
During the year 5 stocks were sold; and £102,299 was invested, improving the quality of the portfolio; the total distributions from investments increased by 20.2% and the Trustees resolved to increase most of the regular grants and donations to worthy causes, at a rate higher than inflation once again. 4 one-off donations were made: there were 4 in the previous year.
The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission, in determining those charities to which grants are made.
TRUSTEES
The Trustees who served during the year were :
J E Donovan M B Donovan T M Townsend and M G Donovan
The minimum number of trustees is two. The present trustees were appointed at the formation of the Trust in May 1998; appointments and re-appointments are made in accordance with the Trust Deed, and present terms of office are four years.
Mr J E Donovan held office until 19 May 2022, when he was re-appointed for a further period of 4 years. The attached Statement of Financial Activities and Balance Sheet have been approved by the Trustees.
Main address : 42 Eastmont Road
Hinchley Wood, Esher, Surrey, KT10 9AZ
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THE DANDY CHARITABLE TRUST
(Registered Charity No 1071115)
Statement of Financial Activities for the year ended 30 June 2022
Incoming Resources Donations Distributions from investments Interest Income tax recovered Movement in value of investments : realised “ “ “ “ “ : unrealised ( Outgoing Resources Grants and donations (detailed in Note 3) General expenses Independent Examiner’s fee |
2022 £ 71,400 31,350 - 18,246 120,996 3,008 138,038) (14,034) 19,325 110 140 19,575 |
2021 £ 40,600 26,082 - 10,486 77,168 20,321 152,441 249,930 17,143 109 130 17,382 |
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THE DANDY CHARITABLE TRUST
(Registered Charity No 1071115)
| Balance Sheet at 30 June 2022 2022 £ FIXED ASSETS Investments (Note 1)815,125 CURRENT ASSETS Cash at bank Cash with stockbroker Net current assets Total Assets 3,701 2,189 5,890 821,015 REPRESENTED BY General Fund (Note 2) 821,015 NOTES 1.Investments– balance at 1 July 2021 Additions at cost Disposals at market value Net investment (losses)/gains in the year Balance at market value at 30 June 2022 Two investments had a value of more than 5% of the total : Chesnara £46,231 and SPDR ETF s Europe £45,297. 2.General Fund– balance at 1 July 2021 Incoming resources Outgoing resources Balance at 30 June 2022 848,476 140,902 (38,603) (135,650) 815,125 854,624 (14,034) (19,575) 821,015 |
2021 £ 848,476 1,422 4,726 6,148 854.624 854,624 615,387 141,280 (80,973) 172,782 848,476 622,076 249,930 (17,382) 854, 624 |
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THE DANDY CHARITABLE TRUST
(Registered Charity No 1071115)
NOTES
| NOTES | ||
|---|---|---|
| 2021/22 | 2020/21 | |
| 3.Grants and donations | £ |
£ |
| Alzheimer’s Society | 360 | 330 |
| Amnesty International UK | 360 | 330 |
| British Heart Foundation | 360 | 330 |
| British Red Cross | 360 | 330 |
| CAFOD – Donation and World Gifts | 510 | 518 |
| CAFOD - Haiti Appeal, & Afghanistan Appeal | 1000 | 1000 |
| Cardinal Hume Centre | 360 | 330 |
| CRISIS | 360 | 330 |
| De Paul UK | 360 | 330 |
| Diabetes UK | 360 | 330 |
| Elmbridge Rent Start | 360 | 330 |
| Emmaus | 360 | 330 |
| Freedom from Torture (formerly The Medical Foundation) | 360 | 330 |
| Friends of Arundel Cathedral | 360 | 330 |
| Friends of The Venerabile (English College, Rome) | 360 | 330 |
| Glaucoma UK | 360 | 330 |
| Greenpeace Environmental Trust | 100 | 100 |
| HCPT | 360 | 330 |
| Jesuit Development Fund | 360 | 330 |
| Kingston Hospital Cancer Unit | 360 | 330 |
| L’Arche UK | 360 | 330 |
| Leonard Cheshire Disability | 360 | 330 |
| LEPRA | 360 | 330 |
| Life – Guildford and National (2) | 720 | 660 |
| MacMillan Cancer Relief | 360 | 330 |
| Mary’s Meals | 360 | 330 |
| Medecins sans Frontieres | 360 | 330 |
| Multiple Sclerosis Society | 360 | 330 |
| Orbis International | 360 | 330 |
| Our Lady Of Lourdes Parish (2) | 720 | 660 |
| OLOL - Parish Priest (Christmas and Easter) | 360 | 320 |
| Practical Action | 360 | 330 |
| Princess Alice Hospice | 360 | 330 |
| Prostate Cancer UK | 360 | 330 |
| Shelter | 360 | 330 |
| Sightsavers International | 360 | 330 |
| SPICMA | 360 | 330 |
| SPUC Educational Research | 100 | 100 |
| Survive-Miva | 100 | 100 |
| Sustrans | 360 | 330 |
| St Mungo’s | 360 | 330 |
| St Patrick’s Missions | 360 | 330 |
| The Passage | 360 | 330 |
| The British Refugee Council | 100 | 100 |
| UNICEF | 360 | 330 |
| Versus Arthritis | 360 | 330 |
| Volunteer Service Overseas | 360 | 330 |
| Water Aid | 360 | 330 |
| 4 One-off appeals, including L’Arche, Ukrasine £1,000 (2021 – 4) | 1,905 | 945 |
| Total | 19,325 | 17,143 |
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THE DANDY CHARITABLE TRUST (Registered Charity Iyo 1071115) Independent Examiner's Report to ibe Trustees of The D•ndy Ch4ritable Trust I report on the accounts of The Trust for the year ended 30th June 2022. which are set out on pages 2 to 4. Respeetive responsibilities of Trustee5 and Exsmlner The charity's trustees are responsible for the preparation of the aountS. The charity's trwstees consider that an audit ts not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to '. Examine the accounts under section 145 of the 2011 Act To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5Kb) of the 2011 Act. and To state whether particular matters have come to my attention. Basis of Independent Examitier'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 wmparison of the accounts presented with those OrdS. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations frorn you as trustees conceming any such matters. The prO¢reS undertaken do not provide all the evidence that would be required in an audiL and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the rerKIrt is limiled to those rnatte set out in the statement below. Ind¢pendtnt Exarniner's St4t¢ment tn connection with my examinatio no matter h&s come to my attention: l. which gives me reasonable Ca to believe that in any material respect the Tequirements: - to keep accounting records in accordance with seclion 130 of the 2011 Act, and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met. or 2. to Whic in my opinion, attention should be drawn in ordeT to ¢nable a proper understanding of the accounts to be reached. Holmes & Co Ltd Chartered Accountants Claygate Date November 2022