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2021-03-31-accounts

Registered number: 04169352 Charity number: 1088282

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Trustees and advisers 1
Trustees' report 2 - 19
Independent examiner's report 20
Statement of financial activities 21
Balance sheet 22 - 23
Notes to the financial statements 24 - 33

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021

Trustees Gerald Ackroyd, Trustee (appointed 5 September 2018)
Michael Cook, Trustee (appointed 9 December 2019)
Jessica Norman, Trustee (appointed 9 December 2019)
Company registered
number
04169352
Charity registered
number
1088282
Registered office
4 Priory Park
Mills Road
Aylesford
Kent
ME20 7PP

Page 1

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their annual report together with the financial statements of the Digital Pipeline Computers for the 1 April 2020 to 31 March 2021. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

The Charity also operates under the working name "Computers 4 Charity".

Objectives and activities

l Policies and objectives

The Charity's objects ("the Objects") are to promote any charitable purpose for the benefit of the public as the Trustees see fit and in particular, but not exclusively:

(a) Promote the relief of unemployment for the public benefit in such ways as may be thought fit.

(b) Promote volunteering for the public benefit.

(c) The protection and preservation of the environment for the public benefit by:

(d) The relief of hardship for the public benefit by the re-furbishing, recycling and provision of IT equipment, in particular, but not exclusively to the unemployed, charity volunteers and other charities, including charities who support schools in developing countries.

(e) To advance the education of the public in the subject of IT, computers, communications and digital media, in particular, but not exclusively, the unemployed, charity volunteers and other charities, including charities who support schools in developing countries.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)' and believe this is what the charity is delivering and achieving.

The charity’s new strategy and offer to the public is:

The Computers 4 Charity appeal by Digital Pipeline Computers invites donations of surplus computers from organisations and people everywhere. With us you can donate safely, make a positive environmental impact and maximise community benefit.

Computers 4 Charity = Care 4 Climate & Community

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DIGITAL PIPELINE COMPUTERS (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Objectives and activities (continued)

We datawipe , refurbish and give-away free-of-charge for re-use as much as possible to other charities , recycle as few as possible and waste none ; your donations reduce carbon dioxide output. We rebuild and upgrade PCs to extend their lives from 5 years to 10, and laptops from 3 to 6 years.

Climate

Each device given a second life through refurbishment means a new one does not have to be manufactured; every refurbished laptop saving the planet from 30kg of CO2 emissions *.

Use your IT Asset Disposals (ITAD) for good. As a small, efficient and effective charity we make the most of your donations to help those in need.

Unusable or surplus equipment is sold through our charity e-shop, components are re-used or recycled to fund the charity, nothing goes to waste.

Community

All our refurbishing is done in-house by us on a purely charitable non-profit basis , not by a commercial refurbisher; there is no profit making from the generosity of others. We are providing previously unemployed young people with jobs and training under the government’s “ Kick Start ” scheme in our Workshop, creating social value from the refurbishing process .

Do some good with your unused laptops, tablets and PCs. Have them refurbished and given to young carers , homeless youth , hospices , charity volunteers , unemployed veterans and UK charities supporting schools in Africa .

Your donations of IT equipment are:

Our team has been refurbishing computers since 1996, for 25 years.

You can help:

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DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Objectives and activities (continued)

Donations of IT equipment

As a charity we give-away all we can free-of-charge , and are self-funding through the sales of surplus equipment. For this we need to let as many people as possible know about the safety and security we offer them, bearing in mind that devices are actually very difficult to properly datawipe and handling any personal data inappropriately is a criminal offence.

Large donations

For a donation of above 500 units in a single delivery we would manage and arrange the refurbishing through a sub-contractor, to our security and quality standards. This means we can deliver a very flexible service and can also respond to large delivery quantities, without carrying the ongoing burden of the overheads involved and keep our costs to a minimum; this makes us lean and efficient.

l Activities undertaken to achieve objectives

Give-aways

Help the Hospices

We are appealing for donations of unused IT equipment that we datawipe and refurbish, to get iPads, tablets and laptops to give away to hospices, so that patients can see their families and friends -

• Out-patients’ health can be assessed by doctors and nurses without having to visit, and can see their children and grandchildren

• In-patients can face-time with and, ultimately, say their final ‘goodbyes’ to their families if, and when, they are diagnosed to be in their last hours.

Patients normally only go into hospice when they need intensive care, especially 24/7 pain management. Patients can be of any age, and include children. They are usually only allowed one fully gowned, masked, gloved family member in at a time to hold their hand and talk to them, if any. There are wonderful caring staff; but it is not quite the same as your brothers and sisters, granny or grandad, mum or dad also being with you. Being able to see your family, talk face-to-face, is so much better than just a phone call.

Empower volunteers

At our outreach events, we display an exhibition showing what volunteering looks like and encourage people to give their time to the community. We also invite local charities to nominate a volunteer to receive a free laptop, as both a ‘Thank You’ and enable them to support their charity even more.

Enable veterans

We provide free laptops for unemployed veterans, who are nominated by a local charity at our event locations. This will help them job search and apply from home, instead of having to go into the Job Centre or local library; it is difficult to do these on a mobile phone.

Supply schools in Africa

In some developing countries, the school is the tree with the widest branches and the teacher is the villager who can read and write the best, who may never have left the local region. With computers, school attendances often double and IT literate children get jobs earning several times what their parents do, supporting their extended families for a lifetime, helping their nation develop and lifting them out of poverty.

Digital Pipeline’s “Computers 4 Charity” appeal deliver a World Class IT based education to an estimated 1.3 million children and, as Bill Gates said, “Digital Pipeline … can play a role in combating aids, malaria and other infectious diseases”. Now we are working through UK charities who support schools in Africa, to whom we donate laptops at our events.

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DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Objectives and activities (continued)

Achievements and performance

l Main achievements of the Company

Datawiping

We 100% datawipe your IT donations, with data-wiping certificates available and end-to-end security, free-ofcharge.

We offer to do this to any standard you prefer:

• HM Government IS5 Enhanced (Infosec Standard 5)

• US Department of Defence standard (DoD 5220.22-M)

• NIST SP 800-88 Rev.2

Or any using method you prefer:

• ATA Secure Erase

• DBAN

• Disk Wipe

• Eraser

Data storage media can be very different, requiring customised data wiping. We take our data erasure responsibilities very seriously and we make a deliberate effort to stay up to date with the latest understanding of both data erasure and data recovery.

This has led us to developing a very flexible data-wiping service, allowing us to always use the best methods for each data storage medium. We also verify each wipe and if any drive fails digital erasure, it is destroyed and rendered physically unreadable.

We also test random samples with data recovery tools to see if any meaningful data can be retrieved; so far, we have never found remnant data on a drive we have wiped.

Although our chosen processes are completely effective, we also know that many organisations have extra requirements, such as the need for drives to be wiped by a certain method or to a certain standard. In these cases, we are always able and willing to adapt to whatever your organisation needs and your ITAD policies.

Our data wipe is General Data Protection Regulation (EU) 2016/679 (GDPR) compliant, protects you (the donor) from identity theft, as well safeguarding the beneficiary.

Our data wipe log details the times and dates that each hard disk drive has been securely data wiped or destroyed and Data Destruction Certificates are available on request. We are registered as a Data Controller with the Information Commissioner’s Office (ICO) as number ZA560174.

https://ico.org.uk/ESDWebPages/Entry/ZA560174

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DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Please see the guidance from the National Cyber Security Centre (NCSC):

https://www.ncsc.gov.uk/guidance/secure-sanitisation-storage-media

End-to-end security

For highly sensitive data carriers, we use locked fully enclosed roll cages for bulk collections, tracked geofenced vehicles and government security cleared staff. All incoming devices are placed into a restricted area with multiple levels of access control until all data is erased. Our Workshop is based next door to Kent Police, who have set up and monitor CCTV in our compound and theirs, with entry through three secure doors, in a gated compound with 2m security fencing.

See below on Datawiping: re-formatting and Data Protection Act 2018 - Criminal Offences

- Datawiping: re formatting

Our experience is that most people do not know how to datawipe their devices and often mistake a re-format to have this effect; unfortunately it does not. Re-formatting a hard drive merely removes the ‘headers’ and leaves all their personal data still there on the device. The legal problem is that even if a donor thinks they have wiped the data and signs a waiver or receipt, this has no effect in law. If anyone’s personal data still exists on the device, regardless of what a donor has signed, it still exists and the law recognises this.

Whoever handles that device is subject to all the prevailing laws that apply, and these are onerous. They could knowingly, or unknowingly, be illegally handling personal data of the donor and anyone else the donor has collected data from or about (a criminal offence), as well as contravening electronic waste regulations, passing on unlicensed software and be responsible for residual liability.

Data Protection Act 2018 - Criminal Offences

Section 170 adds the offence of knowingly or recklessly retaining personal data (which may have been lawfully obtained) without the consent of the data controller.

https://www.cps.gov.uk/legal-guidance/data-protection-act-2018-criminal-offences

Environment

The UK generates 1.5m tonnes of e-waste annually.

https://globalewaste.org/statistics/country/united-kingdom-of-great-britain-and-northern-ireland/2019/

We aim to extend the life of a computer from 5 years to 10. Each device given a second life through refurbishment means a new one does not have to be manufactured; each refurbished laptop saving the planet from 30kg of CO2 emissions.

The United Nations say “ Manufacture a tonne of laptops and potentially 10 tonnes of CO2 are emitted. When the carbon dioxide released over a device’s lifetime is considered, it predominantly occurs during production ”.

Research into the average weight of laptops currently in production indicates an average weight of over 3kg. Extrapolated, this means that every computer given a second life saves a new one needing to be manufactured, reducing Carbon Dioxide release by 30kg.

IT equipment donors will be offered CO2 Certificates, indicating the Carbon Dioxide reduction they have achieved by their donation.

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DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

United Nations E-waste Coalition

A New Circular Vision for Electronics: Time for a Global Reboot, 2019

http://www3.weforum.org/docs/WEF_A_New_Circular_Vision_for_Electronics.pdf

Harvard University

Smaller, faster, greener: Examining the environmental impact of computation and the future of green computing, 2021

https://www.seas.harvard.edu/news/2021/03/smaller-faster-greener

Environmental compliance

We fulfil 100% of environmental rules, regulations and responsibilities, saving the computers from being scrapped, dumped or landfilled. In the event that we are given non-working IT equipment, that is “ waste ” (see notes), we are registered by the Environment Agency to carry out the repair or refurbishment of Waste Electrical and Electronic Equipment (WEEE) under waste exemption T11.

We hold:

Environment – “waste”

We aim to only accept donations of working, operational computer equipment; that is “ used ” or “ second hand ” but “ working ” as originally designed and intended as its original purpose of manufacturing. This is not “ waste ”.

We do not want to recycle, we only refurbish and re-use; recycling destroys the computers. We do not break down IT equipment into its basic materials and recycle the metal, plastic, aluminium, gold, platinum, etc. Rather, we datawipe, clean and repair, sometimes upgrading with additional hard drives and RAM, then load fresh operating system software for re-use. At all times all the equipment is in working condition and fully operational, from beginning to end.

We ideally do not want to receive, handle or process non-working, broken or irreparable computer equipment; that is “ waste ”. However as we do occasionally unintentionally, or sometimes intentionally in order to receive other donations of value and use, accept or receive non-working equipment, we have all the environmental permits we understand are needed.

Just in case we are given equipment we cannot use we have secured all the relevant permissions to handle IT waste, bearing in mind a fundamental difference between commercial refurbishers and us; we own the equipment from the moment it is donated. Commercial refurbishers do not normally own the equipment they handle and so require a different set of environmental permits. All our equipment belongs to us from when we receive it up until we give it away or sell the surplus, including non-operational IT waste.

Software

We operate a 100% software licence compliant process. We load Microsoft Windows 10 on all that we give away to our beneficiaries, and on request for surplus sales. We ask that (where possible and practicable) those donating to us also include all physical copies of OEM software and licenses with the equipment they came preinstalled on, as these are associated with the motherboard.

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(A company limited by guarantee)

DIGITAL PIPELINE COMPUTERS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Tracking

Every item is 100% tracked and traced throughout. All equipment is given a unique ID number and barcode label, with a duplicate label attached to each Donor Form, the ID is scanned into our database and assigned to a donation. Everything is tested and checked for functionality and, along with the serial numbers and specifications, entered into our database.

On request, an audit report can be provided, including any client asset tag details that were present on the devices to help you with your own internal end of life procedures; all donor data is held securely.

Historically our staff have been vetted to HM Government ‘ Baseline Personnel Security Standard ’ (BPSS) and our policy is to continue to implement this. Our most recent recruits are yet to go through this vetting, but it is our plan to implement this on an ongoing basis throughout our organisation.

Depending on volume, value and distance, for large-scale collections we use our own vehicles and drivers to collect your IT equipment, when and where it suits you, GPS tracked and geo-fenced. To request a collection, please fill out our collection form; alternatively, you can drop off your equipment at any of our appeal sites, or at our Workshop.

Give-aways

Homeless youth

600,000 young people have lost their jobs due to COVID-19 in the UK, according to the Office for National Statistics (ONS), and many are now being evicted from their homes.

We are placing computers into homeless shelters so they can immediately seek work and somewhere longterm to live.

We are partnering with LandAid, Porchlight, Single Homeless Project, Evolve, Look Ahead and others.

Hospices

We are appealing for donations of unused IT equipment that we datawipe and refurbish, to get iPads, tablets and laptops to give away to hospices, so that patients can see their families and friends -

• Out-patients’ health can be assessed by doctors and nurses without having to visit, and can see their children and grandchildren

• In-patients can face-time with and, ultimately, say their final ‘goodbyes’ to their families if, and when, they are diagnosed to be in their last hours.

Patients normally only go into hospice when they need intensive care, especially 24/7 pain management. Patients can be of any age, and include children. They are usually only allowed one fully gowned, masked, gloved family member in at a time to hold their hand and talk to them, if any.

There are wonderful caring staff; but it is not quite the same as your brothers and sisters, granny or grandad, mum or dad also being with you. Being able to see your family, talk face-to-face, is so much better than just a phone call.

Charity volunteers

At our outreach events, we display an exhibition showing what volunteering looks like and encourage people to give their time to the community. We also invite local charities to nominate a volunteer to receive a free laptop, as both a ‘ Thank You ’ and also to enable them to support their charity even more.

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(A company limited by guarantee)

DIGITAL PIPELINE COMPUTERS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Unemployed veterans

We provide free laptops for unemployed veterans, who are nominated by a local charity at our event locations. This will help them job search and apply from home, instead of having to go into the Job Centre or local library; it is difficult to do these on a mobile phone.

Young carers

There are over 700,000 young carers in the UK.

1/3 of young carers reported having a mental health problem and 1/4 have difficulties at school due to their caring responsibilities.

These are children under 18 who help look after someone in their family who is ill or disabled. They sometimes manage the whole family, including brothers and sisters.

This can include managing family finances, benefits, shopping, cooking, cleaning, helping someone out of bed, bathing, getting dressed, washing and ironing clothes, collecting prescriptions, giving medicine and communicating with the authorities.

COVID-19 has meant many young carers self-isolating to shield the vulnerable, not going to school and organising safety measures throughout the home. This can mean a year of missed schooling, handicapping their education, career and life potential. Other children don’t understand carers’ responsibilities and that carers have less free time than others, making friendships difficult.

Young carer families are often on benefits and live in poverty. They are less able to afford computers, which are critical for their schooling and important for their social lives.

You can help them.

A good computer can often transform a young carer’s life for the better. Donate yours today!

Bereaved Forces children

There are over 1,000 bereaved military children in the UK without access to support.

Any sudden death is a devastating event for children. When the death is that of a member of the Armed Forces there are additional factors to consider, such as the traumatic nature of a death in a combat situation, intense media interest, repatriation, an inquest and a service inquiry.

If a person has been on active service or deployed elsewhere, it may be difficult for a child to comprehend that they won’t be coming home as usual. It’s natural to want to spare children from learning how the death happened, however, it will soon become public knowledge and it’s better that they hear the facts first.

The family has often lost its bread-winner, a partner, a parent. Children can then go into shock and experience Post-Traumatic Stress Disorder (PTSD), disrupting their schooling and life chances.

Having their own device can be a source of solace, a way of reaching out to family and friends for encouragement, care and support.

https://www.scottyslittlesoldiers.co.uk/

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DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Schools in Africa

In some developing countries, the school is the tree with the widest branches and the teacher is the villager who can read and write the best, who may never have left the local region. With computers, school attendances often double and IT literate children get jobs earning several times what their parents do, supporting their extended families for a lifetime, helping their nation develop and lifting them out of poverty.

Digital Pipeline’s “ Computers 4 Charity ” appeal delivers a World Class IT based education to an estimated 1.3 million children and, as Bill Gates said, “ Digital Pipeline … can play a role in combating aids, malaria and other infectious diseases ”. Now we are working through UK charities who support schools in Africa, to whom we donate laptops at our appeals.

Digital Pipeline Partnership

In January 2020 the charity forged a new close working partnership with the charity Digital Pipeline . The following announcement was made on the charity web site:

“ Digital Pipeline’s “Computers 4 Charity” appeal invites donations of redundant computers, saving them from being scrapped or dumped, 100% securely datawipes and 100% fulfils all environmental responsibilities with every item tracked and traced throughout. As many as practicable are supplied on to schools in developing countries via other UK charities, or more recently to unemployed veterans, hospices and nominated volunteers in the UK, with the surplus used to fund the charity.

In some developing countries, the school is the tree with the widest branches and the teacher is the villager who can read and write the best, who may never have left the local region. With computers, school attendances often double and IT literate children get jobs earning several times what their parents do, supporting their extended families for a lifetime, helping their nation develop and lifting them out of poverty.

Digital Pipeline’s computers deliver a World Class IT based education to an estimated 1.3 million children and can play a role in combating aids, malaria and other infectious diseases.

Digital Pipeline started out as an internal project within Microsoft in February 2004 and was registered as a UK charity on 3rd April 2007 with Microsoft as the Founding Member; see the personal video from Bill Gates. In January 2011 Computers 4 Africa merged into Digital Pipeline and in January 2020 Digital Pipeline restructured to join forces with Digital Pipeline Computers, formerly called Contribute with a view to an eventual merger.”

The partnership with Digital Pipeline is being gradually reduced.

Business in the Community

On 26th November 2020 the charity partnership signed a Memorandum of Understanding (MOU) with Business in the Community (BITC), charity number 297716.

BITC is the oldest and largest business-led membership organisation dedicated to responsible business. Created nearly 40 years ago by its Royal Founding Patron, HRH The Prince of Wales to champion responsible business, BITC inspires, engages and challenges its members, mobilising that collective strength as a force for good in society.

The MOU says:

“BITC and Computers 4 Charity agree to work together on a national Tech Appeal in collaboration with business and other partners in the UK as part of BITC’s National Business Response Network. This Network links business resources to community needs arising from the Covid-19 pandemic. Donations from business partners

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DIGITAL PIPELINE COMPUTERS (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

support the acceleration of the efforts in response to the pandemic.

BITC and Computers 4 Charity seek to work in partnership to provide access to technology, namely laptops, tablets and other hand-held devices, to enable children to continue learning and older people to stay connected to families.”

The charity’s team have worked with BITC since 1996, when Patrick O’Meara arranged a series of “ Seeing is Believing ” visits to CyberCycle by groups of business leaders, 25 years ago.

During 2013/14 our team worked with BITC’s Business Emergency Recovery Group (BERG), facilitated by Joey Tabone, and were delighted to be publicly thanked by HRH The Prince of Wales at the BITC Responsible Business Awards on 8 July 2014 in the Royal Albert Hall.

Our hope is to fulfil our role as BITC’s Tech Appeal refurbisher partner, and also minimise our environmental impact, and maximise our community impact.

l Review of activities

Donors include:

290 (W.SM) Squadron Air Training Corps 2nd Woodley Scout Group Accord Group Acorn Veterinary Surgery Age UK Berkshire Aggregate Industries Agil8 AgileOne AIS Ltd Alan Rogers Ltd Amaze American International University Ampletech Andrew Halstead Anglo Saxons Ashanti Development Ashurst CE Aided Primary School Astute Mobile Data Solutions Astute Mobile Data Solutions Bass Educational Bean Testing Ltd BIBUS (UK) Ltd Borough Green Primary Brighton College Broadstairs Scaffolding BT Buzz Website Design BWOC Ltd Catalyst Commercial Services CD Electrical Services Chester Development Education Centre Children Liver Disease Foundation

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DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

ChildrenSalon Limited Citizens Advice Bureau Clemence Consulting Clemence Hoar Cummings LLP Club Chemistry Collins Aerospace Colmore Intermediate Ltd Compton Hospice Computer Network Services Conservative Party Coole Bevis LLP Cornerstone Church David Payne & Son (Coachbuilders) Ltd DG Cities Diocese of Mpwapwa Doggett Jones Ltd Downs Junior School Dream for the Future Easy Internet Education Enrichment Foundation Elaine Burton Elzware Ltd English Martrys Youth Club Ex Hidden Hearing Ltd Family Trust Fargo Systems Ltd Filmsmiths First Choice Computers Ltd Fly Victor Four Fifty Partnership George Cook George White Jnr School Giotech Ltd Global Outreach Tanzania Go Experience.com Go-Train Gray IT Ltd Greenacres Dental Practice Guideline Lift Services Harambee For Kenya Harvestore Systems (Holdings) Ltd Highway Learning& Support Holy Family School Howard Nurseries Ltd Institute of Development Studies Integrity ISG Construction Jerroms Business Solutions Limited JJ Systems Jubilee Resource Hub Judah Praise Community Centre KDC Projects Ltd

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DIGITAL PIPELINE COMPUTERS

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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Kent Business Finance Ltd Kilomo Primary School Kimberly-Clark Kimberly-Clark Flint Kimberly-Clark Gravesend Kimberly-Clark Reigate Kings Lynn Samaritans Kings Norton Coaches Koch Membrane Systems Kotikeni Charles Lakenheath Community Primary School Lee Evans Partnership Lobster Net Lombard Odier Asset Management London Hairdressing Academy Lorenden School Love of God Foundation MADM Maes Glas Vets MCS-Aware Medway Valley Countryside Partnership Medway Youth Trust Michelson Diagnostics MindLab International Ltd Mission and Relief Logistics Ltd MJR Accountants MoneyPlus Mooncup Ltd Morrison Utility Services Mpeni School, Malawi MVCP National Police Aid Convoys New Hope Foundation Africa Nicol and Co Estate Agents Nonington CEP School Oaklands Primary School Obart Pumps Our Ladys Catholic Primary Padre Pio College of Health And Allied Sciences (PCoHAS) Penbow Displays Penny Drop Solutions Pipers Corner School Pirtek Pop Developments Ltd Porsche GB Prima Stage School Production Resource Group UK Ltd Pro-Net Systems Quiss Technology Read Computer Services Read Computer Services Reanimated Games

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DIGITAL PIPELINE COMPUTERS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Recom Renault Retail Group UK Ltd Rev Gary Owen Ridhwaa Seminary RJG Consultants Robson Forth Limited Rotary Club Chelmsford Scott Wilkie Primary School Sega of Europe Ltd Senacre Wood Primary School SEO Nuts Simplify South African Children and Families Association Sovereign St Giles, Exhall, Parochial Church Council St Johns URC Orpington Church St Lawrence CE School St Martins Church Coventry St Martins School Steps to Work Stirling Transport STST Suez (Sita) Susie K Brooks AIP (Hypnotist, NLP Master & Coach) Suzuki Milton Keynes T&B Engineering Ltd Techsurgeons Ltd Terence Foster (EPA Ltd) Testbed Audio The Beeches Primary School The Charity Bank Limited The Code Company The Economist The Economist Group The Franconian Sausage Co Ltd The Hive Chorleywood The Living Well The School of Saint Yared TMJ Legal Services Tomorrow’s Accelerating Citizens-Youth Association TPS Global Logistic Training Associate Tydesley Distribution Services Ltd Tyre-Line Ursuline College Utech Solutions Valley Park Secondary School Wealden Talking News West Africa West Row School Wested Logistics Whitstable Umbrella Centre

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DIGITAL PIPELINE COMPUTERS

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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

WM Housing Group Wycliffe UK Ltd Zambia Orphans Aid UK Zi-Clone Multimedia

Donations have been given to:

Age UK Age UK Befriending Service Aid for Ummah Alabaré Christian Care and Support Alliance Young Carers Annie’s Orphans Armed Forces Cov. Hub Lancashire Ashworth High School Atherton & Leigh Foodbank Aurora Hospice Care Blessings in Disguise Books 2 Africa Borough Green Primary School Bristol Home for Veterans Broadstairs Town Shed Business In The Community Canterbury and Herne Bay Volunteer Centre Carers in Hertfordshire Carers Link Lancashire Caring Together (Young Carers) Child Action Northwest Chiltern Academy Chums UK Community Works Cynthia Spencer Hospice Daylight Foodbank Doncaster SSAFA Dove Hospice East Ham Hospice East Lancashire Hospice Empower the Gambia Evolve Housing Farley Junior Primary School Foxton Centre Friends of Sussex Hospices Garden House Hospice Groundworks Guestling Bradshaw Primary School Hall Cross Academy Hampton College Hampton Vale Primary Academy Home-Start Home-Start Lancashire

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DIGITAL PIPELINE COMPUTERS

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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Imago - East Sussex Young Carers Imago Young Carer Imago Young Carers Jill Flawn Just be a child Kathy Gore - Friends of Sussex Hospices Keep Britain Tidy Kent Coast Volunteering Kent County Council Kent County Council Social Services Landaid Llamau Look Ahead Mary Atkins - Keep Britain Tidy My Time Young Carers Nene Park Academy Newborough Primary School Paddock Wood Primary School PATCH (Pembrokeshire Action to Combat Hardship) Paul Sartori Hospice Pembrokeshire People First Peterborough Association for the Blind Phoenix Women’s Aid Pilgrims Hospice Preston Domestic Violence Support Preston Together Prospect Hospice SAAFA East Yorkshire School Gambia Shalom Hospice Shalom House Single Homelessness Project Sobell Hospice SSAFA SSAFA Wiltshire St. Catherine’s Hospice Stockwood Park Academy Swindon Night Shelter Tanzed UK Taylor Made Dreams The Brick The Foxton Centre The Wish Centre Tri Services & Veteran Support Centre Veteran (via SAAFA Pembrokeshire) Veteran via QRA Veteran via Wigan Armed Forces Voluntary Action Doncaster Volunteer Centre Wealden Talking News Weston Hospice Care Wigan Armed Forces HQ

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DIGITAL PIPELINE COMPUTERS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance (continued)

Wigan Youth Zone Wisdom Hospice XTND Improving Futures Young Carers Doncaster Young carer via Young Carers Crew Young carers directly

Financial review

l Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, albeit on a very much reduced level. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

l Reserves policy

The Trustees aim to establish free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.

l Deficit

During the year to 31st March 2021 the charity increased its activities due to a partnership with “Digital Pipeline”, charity 1118674 in England and Wales, SC043181 in Scotland.

Its spending on charitable activities increased from £61,375 in the year to 31st March 2020 to £218,698 in this year, funded by an increase in income from £52,080 up to £214,090.

Furthermore, in the eight months from 1 April 2021 to 1st December 2021 the charity’s total expenditure decreased to a draft figure of £51,437.98 and income to £66,675.

In partnership the charity continued to appeal for donations of IT equipment and give away laptops, free-ofcharge, to its beneficiaries. See the lists of donors and beneficiaries included in the Trustees report.

The charity is gradually winding down its partnership with Digital Pipeline (charity 1118674 in England & Wales, charity SC043181 in Scotland). Digital Pipeline has adopted the ‘Working Name’ “ Computers 4 Charity, incorporating Computers 4 Africa ” to reflect its role going forward.

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to support the current level of expenditure and to continue in operational existence for the foreseeable future. The Trustees have, however, recognised that, due to the impact of COVID-19, there has been a significant impact on the activities of the charity. The Trustees are committed to supporting the charity and will continue to evaluate the situation on an ongoing basis and to develop plans for the charity to manage the financial impact going forward.

Page 17

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

l Principal funding

Funding for charitable activities has largely come from Innovation Workshop Limited, a wholly owned subsidiary of the Cook Foundation, and has given a significant amount of donations in order to meet the day to day running costs of the charity.

Structure, governance and management

l Constitution

Digital Pipeline Computers is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 27 February 2001 and amended by various special resolutions - the current fully amended Memorandum of Association was lodged with Companies House on 22 June 2020. The company was registered with the Charity Commission for England and Wales (charity number 1088282) on 30 August 2001.

l Methods of appointment or election of Trustees

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Any natural person over the age of 18 is eligible to stand as a Trustee of the Company on the understanding they are willing to develop, the skills, knowledge and experience needed for the effective administration of the Charitable Company and are not disqualified from acting as a Director by the provisions of the Companies Act.

The Articles require a minimum of three Trustees at any one time with no maximum set.

l Organisational structure and decision-making policies

None of the Trustees has any beneficial interest in the company.

l Policies adopted for the induction and training of Trustees

The Company does not currently have any formal procedures or policies in place for the induction of new Trustees.

l Financial risk management

The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Members' liability

The Members of the Company guarantee to contribute an amount not exceeding £10 to the assets of the Company in the event of winding up.

Page 18

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes 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 . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 23 December 2021 and signed on their behalf by:

Jessica Norman

Page 19

DIGITAL PIPELINE COMPUTERS (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021

Independent examiner's report to the Trustees of Digital Pipeline Computers ('the Company')

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2021.

Responsibilities and basis of report

As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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

Independent examiner's statement

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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts 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 accounts 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 accounts to be reached.

This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report.

Signed: Marcel Jung

Dated: 23 December 2021 ICPA (Fellow), FFA/FIPA, FAIA

IT & Accounting Solutions Limited Certified Public Accountants 28 Harrow Way Maidstone Kent ME14 5TU

Page 20

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021

Note
Income from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2021
£
24,245
183,845
6,000
214,090
218,698
218,698
(4,608)
(8,103)
(4,608)
(12,711)		 Total
funds
2021
£
24,245
183,845
6,000
214,090
218,698
218,698
(4,608)
(8,103)
(4,608)
(12,711)		 Total
funds
2020
£
4,263
47,817
-
52,080
61,375
61,375
(9,295)
1,192
(9,295)
(8,103)

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 24 to 33 form part of these financial statements.

Page 21

DIGITAL PIPELINE COMPUTERS (A company limited by guarantee) REGISTERED NUMBER: 04169352

BALANCE SHEET AS AT 31 MARCH 2021

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current liabilities
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
14
Net liabilities excluding pension asset
Total net assets
Charity funds
Restricted funds
16
Unrestricted funds
16
Total funds		 72
11,747
11,819
(18,060)		 2021
£
6,326
6,326
(6,241)
85
(12,796)
(12,711)
(12,711)
-
(12,711)
(12,711)		 191
758
949
(9,052)		 2020
£
-
-
(8,103)
(8,103)
-
(8,103)
(8,103)
-
(8,103)
(8,103)

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

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

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

The financial statements were approved and authorised for issue by the Trustees on 23 December 2021 and signed on their behalf by:

Page 22

DIGITAL PIPELINE COMPUTERS (A company limited by guarantee) REGISTERED NUMBER: 04169352

BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2021

Jessica Norman

The notes on pages 24 to 33 form part of these financial statements.

Page 23

DIGITAL PIPELINE COMPUTERS (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. General information

Digital Pipeline Computers was setup on 27 February 2001 as a charitable company limited by guarantee and registered with the Charity Commission for England and Wales (charity number 1088282) on 30 August 2001. The registered address is 4 Priory Park, Mills Road, Aylesford, Kent, ME20 7PP.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Digital Pipeline Computers meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 24

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

2. Accounting policies (continued)

2.4 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery - 33% straight line
Fixtures and fittings - 20% straight line

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

Page 25

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

2. Accounting policies (continued)

2.9 Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Pensions

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

2.11 Fund accounting

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

3. Income from donations and legacies

Unrestricted
funds
2021
£
Government grants
Coronavirus Job Retention Scheme
20,917
Employer allowance
2,954
Bounce Back Loan interest
27
Subtotal
23,898
Donations
347
Subtotal
347
24,245		 Total
funds
2021
£
20,917
2,954
27
23,898
347
347
24,245		 Total
funds
2020
£
-
-
-
-
4,263
4,263
4,263

Page 26

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

4.
Income from charitable activities
Unrestricted
funds
2021
£
Appeals (PR income)
178,500
Refurbishing
5,345
183,845
5.
Income from other trading activities
Income from non charitable trading activities
Unrestricted
funds
2021
£
Rental from sub-let
6,000
6.
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2021
£
Appeals (PR income)
146,156
Refurbishing
72,542
218,698		 Total
funds
2021
£
178,500
5,345
183,845
Total
funds
2021
£
6,000
Total
funds
2021
£
146,156
72,542
218,698		 Total
funds
2020
£
47,817
-
47,817
Total
funds
2020
£
-
Total
funds
2020
£
60,874
501
61,375

Page 27

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

7. Analysis of expenditure by activities

Activities
undertaken
directly
2021
£
Appeals (PR income)
79,421
Refurbishing
70,205
149,626
Activities
undertaken
directly
2020
£
Appeals (PR income)
23,816
Refurbishing
501
24,317
Independent examiner's remuneration
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts		 Support
costs
2021
£
66,733
2,338
69,071
Support
costs
2020
£
37,058
-
37,058
2021
£
750		 Total
funds
2021
£
146,154
72,543
218,698
Total
funds
2020
£
60,874
501
61,375
2020
£
400

8. Independent examiner's remuneration

Page 28

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

9. Staff costs

Salaries and contractors
Social security costs
Contribution to defined contribution pension schemes		 2021
£
134,906
2,954
707
138,567		 2020
£
29,585
13
505
30,103

The average number of persons employed by the Company during the year was as follows:

Staff - Administration
Staff - Workshop
Contractors - Workshop
Contractors - Appeals (PR)		 2021
No.
1
2
2
2
7		 2020
No.
1
-
-
-
1

No employee received remuneration amounting to more than £60,000 in either year.

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) .

During the year ended 31 March 2021, no Trustee expenses have been incurred (2020 - £NIL) .

11. Tangible fixed assets

Cost or valuation
Additions
At 31 March 2021		 Plant and
machinery
£
6,075
6,075		 Fixtures and
fittings
£
1,000
1,000		 Total
£
7,075
7,075

Page 29

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

11. Tangible fixed assets (continued)

Depreciation
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020
Debtors
Due within one year
Other debtors
Creditors: Amounts falling due within one year
Bank loans
Other loans
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 Plant and
machinery
£
616
616
5,459
-		 Fixtures and
fittings
£
134
134
866
-
2021
£
72
72
2021
£
204
2
6,306
9,561
193
1,794
18,060		 Total
£
750
750
6,325
-
2020
£
191
191
2020
£
-
-
6,537
948
-
1,567
9,052

12. Debtors

13. Creditors: Amounts falling due within one year

Page 30

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

14. Creditors: Amounts falling due after more than one year

Bank loans
Included within the above are amounts falling due as follows:
Between one and two years
Bank loans
Between two and five years
Bank loans
Over five years
Bank loans		 2021
£
12,796
2021
£
2,477
7,813
2,506		 2020
£
-
2020
£
-
-
-

The charity took a Government backed £13,000 Bounce Back Loan in February 2021. The loan is repayable over 6 years with the interest rate fixed at 2.5% and the Government covers the first 12 months interest payments.

15. Financial instruments

2021 2020
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 11,747 758

Financial assets measured at fair value through income and expenditure comprise cash balances.

Page 31

DIGITAL PIPELINE COMPUTERS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

16.
Statement of funds
Statement of funds - current year
Balance at 1
April 2020
£
Unrestricted funds
General Funds - all funds
(8,103)
17.
Summary of funds
Summary of funds - current year
Balance at 1
April 2020
£
General funds
(8,103)
18.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
Total		 Income
£
Expenditure
£
214,090
(218,698)
Income
£
Expenditure
£
214,090
(218,698)
Unrestricted
funds
2021
£
6,326
11,819
(18,060)
(12,796)
(12,711)		 Balance at
31 March
2021
£
(12,711)
Balance at
31 March
2021
£
(12,711)
Total
funds
2021
£
6,326
11,819
(18,060)
(12,796)
(12,711)

Page 32

DIGITAL PIPELINE COMPUTERS (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

19. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £707 (2020 - £505). Contributions totalling £193 (2020 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

Page 33