Charity Registration No. 1079236
THE DAGNY RAYMOND CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED5 APRIL 2025
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BUSINESS
ADVISORS
& ACCOUNTANTS
1 e Street
Christchurch
Dorset
BH23 1EF
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THE DAGNY RAYMOND CHARITABLE TRUST
CHARITY INFORMATION
Trustees Dr DV Evans Humphries Kirk Trustee Company Dr GDS Smart CS White Charity number 1079236 Independent examiner TC Group 10 Bridge Street Christchurch Dorset BH23 1EF
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THE DAGNY RAYMOND CHARITABLE TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The trustees have adopted the provisions of 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).
Objectives and activities
The Charity's objects are to pay or apply the income and (if and when the Trustees in their absolute discretion think fit) the whole or any part or parts of the Capital of the Trust Fund to or for such charitable institution or institutions or other charitable object or objects in any part of the world as the Trustees shall in their absolute discretion think fit to support or establish.
The Trustees are consulted in connection with the affairs of the Trust by being asked to consider the reports and matters requiring decision as presented at each Trustees meeting.
The Trustees decide the total amount available for donation and which charities or charitable objects to donate to at biannual Trustee meetings. The Trustees' have due regard for the Charity Commission's public benefit guidance when making these decisions.
Achievements and performance
Significant activities and achievements against objectives
The charity has made total donations of £110,000 during the year to 5 April 2025 compared with £165,000 in the year to 5 April 2024.
Investment performance
The charity has achieved a return of £108,344 on investments by way of dividends. Slightly lower than the amount which was received in the previous year, £110,592.
The market value of investments at 5 April 2025 has decreased by £25,524 on the previous year.
Financial review
The charity achieved a deficit in the year of £34,427 , compared with a deficit of £46,349 in the prior year. The change is caused by the changes in the value of fixed asset investments in each year. Investments achieved a gain of £22,705 in the prior year, and a loss of £16,817 in the current year.
Total unrestricted funds carried forward at the year end amounted to £2,171,452 (2024: £2,205,879)
Reserves policy
The Trustees' policy on reserves is to review reserve levels on a regular basis and to maintain a level of reserves which will provide a stable base for the Trust's continuing activities while at the same time ensuring that excessive funds are not accumulated.
Total unrestricted funds at the year end amounted to £2,171,452 made up of £60,752 cash reserves. The remainder of the funds relate to a debtor and fixed asset investments which can only be released on the sale of those assets.
The charitable company has free reserves of £57,362 as at 05 April 2025 (2024: £66,265). The Trustees consider this level of reserves to be sufficient to deliver charitable objectives for the next twelve months. Free reserves are calculated by deducting fixed assets from the unrestricted (and undesignated) reserves held at the year-end.
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THE DAGNY RAYMOND CHARITABLE TRUST
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1079236
Principle address 40 High West Street Dorchester Dorset CT11UR
Trustees
GDS Smart C White Humphries Kirk - Corporate Trustee D Evans
Humphries Kirk Executor and Trustee Company- Laura Staples
Investment Advisers
Farley & Thompson Pine Grange Bath Road Bournemouth BH1 2NU
The trustees’ report wag approved by the Board of Trustees. A Kirk Trustee Company Corporate trustee Date: At01- 2026
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Dated: .....eeeeeeeeteeeeees 28 January 2026
THE DAGNY RAYMOND CHARITABLE TRUST
BALANCE SHEET
AS AT5S APRIL 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Investments | 11 | 2,114,090 | 2,139,614 | ||
| Current assets | |||||
| Cash at bank and in hand | 60,752 | 69,408 | |||
| Creditors: amounts fallingduewithin one | 12 | ||||
| year | (3,390) | (3,143} | |||
| Net current assets | 57,362 | 66,265 | |||
| Total assets less current liabilities | 2,171,452 | 2,205,879 | |||
| The funds ofthe charity | |||||
| Unrestricted funds | 13 | 2,171,452 | 2,205,879 | ||
| 2,171,452 | 2,205,879 |
The financial statements were approved by the trustees on Qt: Ol, RO 26
Ae: Kirks Company Corporate trustee
Pr a
THE DAGNY RAYMOND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
- 1 Accounting policies
Charity information
The Dagny Raymond Charitable Trust is a charitable organisation, registered in England and Wales. The registered office is noted on page 2.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, 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 financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
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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.
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1.3 Charitable funds
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Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
- 1.4 Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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THE DAGNY RAYMOND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
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1 Accounting policies
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1.5 Expenditure
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Liabilities are measured at transaction price and recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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 resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
1.6 Fixed asset investments
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Investments included in the accounts are included at market value. Gains arising from the sale of quoted investments are disclosed in the SOFA as realised gains. Gains arising from changes to the market values of quoted investments are disclosed in the SOFA as unrealised gains.
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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.
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1.8 Taxation
The charity is a registered charity and so there is no charge for taxation with the exception of Value Added Tax. The irrecoverable element of VAT is included within the item of expense to which it relates.
- 1.9 Debtors
Trade debtors and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount of prepaid net of any trade discounts due.
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1.10 Investments
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Investments included in the accounts are included at market value. Gains arising from the sale of quoted investments are disclosed in the SOFA as realised gains. Gains arising from changes to the market values of quoted investments are disclosed in the SOFA as unrealised gains.
1.11 Governance costs
- Governance costs comprise all the costs involving the public accountability of the charity and its compliance with regulation and good practise.
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THE DAGNY RAYMOND CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
5 Grants payable
| Grants payable | |
|---|---|
| Grants to institutions: First Church of Christ Scientist Poole The Aid Fund for Christian Scientists in Need of Nursing Care Bamardo's Fundraising Account The Dorset Childrens Foundation PurbeckYouth and Community Foundation IndependentAge Mountlands Trust Royal British Legion The Christian Science Trust in Great Britain Woodland Adventure Joint Christian Science Reading Room UK Bournemouth YMCA Blind Veterans UK Canine Partners for Independence The Claremont Fan Court Foundation Computer Aid International Family for Every Child Hawthorne Trust United NSPCC Pension Trust for Christian Scienes Nurses RNID The Bible Society Send a Child to Hucklow Fund Whitehaven Trust Limited Women's Holiday Fund SOS Children's Villages Claremont Fan Court School Everychild Hawthorne Trust Limited |
Charitable Charitable Activity Activity 2025 2024 £ £ 24,906 37,358 7,472 11,209 6,226 9,341 6,226 9,340 6,226 9,340 6,226 9,340 4,981 7,472 4,151 6,226 4,151 6,226 4,151 6,226 4,151 6,226 2,076 3,113 2,076 3,114 2,076 3,113 2,076 - 2,076 3,113 2,076 - 2,076 - 2,076 3,113 2,075 3,113 2,075 3,113 2,075 3,113 2,075 3,113 2,075 3,113 2,075 3,113 2,075 3,113 - 3,113 - 3,113 - 3,113 |
| 110,000 165,000 |
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