| Pages | ||
|---|---|---|
| Trustees' Annual Report |
2to 3 | |
| Statement ofTrustee Responsibilities |
||
| Independent Examiner's Report |
||
| Statement ofFinancial Activities | ||
| Summary Income and Expenditure |
Account | |
| Balance Sheet | ||
| Notes tothe Accounts | 9to 15 |
| for the year | ended 31March 2 | 023 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Notes | E | E | E | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | 15,623 | |||||
| Investments | 246 | 246 | 23 | |||
| Other | 158,301 | 158,301 | 122,583 | |||
| Total | 158,547 | 158,547 | 138,229 | |||
| Expenditure | on: | |||||
| Charitable | activities | 185,447 | 11,335 | 196,782 | 164,332 | |
| Total | 185,447 | 11,335 | 196,782 | 164,332 | ||
| Net gains on | investments | |||||
| Net expenditure | (26,900) | (11,335) | (38,235) | (26,103) | ||
| Transfers between funds | ||||||
| Net expenditure before other gains/(losses) |
(26,900) | (11,335) | (38,235) | (26,103) | ||
| Other gains | and losses | |||||
| Net movement in funds |
(26,900) | (11,335) | (38,235) | (26,103) | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward | 116,412 | 1,053,074 | 1,169,486 | 1,195,589 | ||
| Total funds carried forward | 89,512 | 1,041,739 | 1,131,251 | 1,169,486 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | |||
| Income | 158,301 | 138,206 | |
| Interest and investment income |
246 | 23 | |
| Gross income for the year | 158,547 | 138,229 | |
| Expenditure | 179,141 | 145,328 | |
| Interest payable | 385 | 351 | |
| Depreciation and |
charges for | ||
| impairment offixed assets |
17,256 | 18,653 | |
| Total expenditure | for the year | 196,782 | 164,332 |
| Net expenditure | before tax for the year | (38,235) | (26,103) |
| Net expenditure | forthe year | (38,235) | (26,103) |
| at 31March 20 | 23 | 23 | 23 | |||
|---|---|---|---|---|---|---|
| Company No. |
04121285 | Notes | 2023 | 2022 | ||
| 6 | f | |||||
| Fixed assets | ||||||
| Tangible assets | 10 | 1,060,731 | 1,077,604 | |||
| 1,060,731 | 1,077,604 | |||||
| Current assets | ||||||
| Debtors | 11 | 8,246 | 24,376 | |||
| Cash at bank | and | in hand | 97,695 | 100,971 | ||
| 105,941 | 125,347 | |||||
| Creditors: Amount | falling due within one year | 12 | (26,013) | (20,183) | ||
| Net current assets | 79,928 | 105,164 | ||||
| Total assets less | current liabilities | 1,140,659 | 1,182,768 | |||
| Creditors: Amounts | falling due after more than one year | 13 | (9,408) | (13,282) | ||
| Net assets excluding | pension asset or liability | 1,131,251 | 1,169,486 | |||
| Total net assets | 1,131,251 | 1,169,486 | ||||
| The funds ofthe | charity | |||||
| Restricted funds | ||||||
| Restricted funds |
1,041,739 | 1,053,074 | ||||
| 1,041,739 | 1,053,074 | |||||
| Unrestricted funds |
14 | |||||
| Unrestricted | funds | 89,512 | 116,412 | |||
| 89,512 | 116,412 | |||||
| Reserves | 14 | |||||
| Totalfunds | 1,131,251 | 1,169,486 |
| January 2015) —(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the U Republic of Ireland (FRS102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
January 2015) —(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the U Republic of Ireland (FRS102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
January 2015) —(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the U Republic of Ireland (FRS102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
January 2015) —(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the U Republic of Ireland (FRS102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
January 2015) —(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the U Republic of Ireland (FRS102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
January 2015) —(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the U Republic of Ireland (FRS102)and the Companies Act 2006. Change in basis ofaccounting orto previous accounts |
K and | K and |
|---|---|---|---|---|---|---|---|
| There has been no change tothe accounting policies (valuation rules and method ofaccounting) |
since | ||||||
| last year and no changes have been made to accounts for previous years. |
|||||||
| Fund accounting | |||||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees in furtherance |
of | the | ||||
| general objects ofthe charity. | |||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular purposes. |
||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | |||
| restatement ofinvestment assets at their market values. |
|||||||
| Restricted | funds | These are available for use subject to restrictions imposed by the donor |
or | through | |||
| terms ofan appeal. | |||||||
| Income | |||||||
| Recognition | of | Income is included in the Statement ofFinancial Activities (SoFA)when the charity |
|||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | ||||
| the income can be measured with sufficient reliability. |
|||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | ||||
| expenditure | reported gross in the SoFA. | ||||||
| Donations | Voluntary income received by way ofgrants, donations |
and gifts is included | in the | ||||
| the SoFA when receivable and only when the Charity has unconditional |
|||||||
| entitlement tothe income. |
|||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFA at the |
same time as the | |||||
| donations | and gifts | gift/donation to which it relates. |
|||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, measurable |
and | |||||
| material. | |||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in the accounts. | ||||
| Investment | income | This is included in the accounts when receivable. |
|||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | |||||
| revaluation | offixed | at the end ofthe year. | |||||
| assets | |||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. | ||||||
| investment | assets |
| 3 | Statement | ofFinancial | Activities - prior year | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | |||||
| 2022 | 2022 | 2022 | |||||
| Income and endowments | from: | ||||||
| Donations | 15,623 | 15,623 | |||||
| Investments | 23 | 23 | |||||
| Other | 122,583 | 122,583 | |||||
| Total | 122,606 | 15,623 | 138,229 | ||||
| Expenditure | on: | ||||||
| Charitable | activities | 100,368 | 63,964 | 164,332 | |||
| Total | 100,368 | 63,964 | 164,332 | ||||
| Net | income | 22,238 | (48,341) | (26,103) | |||
| Net | income before other | ||||||
| gains/(losses) | 22,238 | (48,341) | (26 103) | ||||
| Other gains and losses: | |||||||
| Net | movement | in funds | 22,238 | (48,341) | (26,103) | ||
| Reconciliation | offunds: | ||||||
| Total funds brought forward | 94,174 | 1,101,415 | 1,195,589 | ||||
| Total funds carried forward | 116,412 | 1,053,074 | 1,169,486 | ||||
| 4 | Income from donations | ||||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| Donation | and grants from | ||||||
| Charitable | Trusts and | 15,623 | |||||
| Foundations | |||||||
| 15,623 | |||||||
| 5 | Income from investments | ||||||
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| E | E | f | |||||
| Bank interest receivable | 246 | 246 | 23 | ||||
| 246 | 246 | 23 |
| 6 | Other income | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| 2023 | 2022 | |||||
| f | ||||||
| Rental income | 158,301 | 158,301 | 97,179 | |||
| Covid 19small business | 25,404 | |||||
| government grant |
||||||
| 158,301 | 158,301 | 122,583 | ||||
| 7 | Other expenditure | |||||
| Unrestricted | Restricted | Total | Total | |||
| 2023 | 2022 | |||||
| Bank loan and overdraft | ||||||
| interest payable | 347 | 38 | 385 | 351 | ||
| Employee costs | 83,421 | 83,421 | 62,184 | |||
| Motor and travel costs | 51 | 6 | 57 | 70 | ||
| Premises costs | 49,143 | 5,460 | 54,603 | 44,075 | ||
| Amortisation, depreciation, |
||||||
| impairment, profit/loss |
on | 15,530 | 1,726 | 17,256 | 18,653 | |
| disposal offixed assets | ||||||
| General administrative | costs | 34,077 | 3,785 | 37,862 | 35,926 | |
| Legal and professional | costs | 2,878 | 320 | 3,198 | 3,073 | |
| 185,447 | 11,335 | 196,782 | 164,332 | |||
| 8 | Net expenditure before transfers |
|||||
| 2023 | 2022 | |||||
| This is stated after charging: | f | f | ||||
| Depreciation ofowned |
fixed assets | 17,256 | 18,653 | |||
| 9 | Staff costs | |||||
| 2023 | 2022 | |||||
| Salaries and wages | 83,421 | 62,184 | ||||
| 83,421 | 62,184 | |||||
| No employee received |
emoluments | in excess off60,000. |
| 10 | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Land and | Computer | Furniture | ik | Total | ||
| buildings | equipments | fixture | ||||
| Cost or revaluation | ||||||
| At 1April 2022 | 1,305,143 | 85,361 | 145,504 | 1,536,008 | ||
| Additions | 384 | 384 | ||||
| At31March 2023 | 1,305,143 | 85,361 | 145,888 | 1,536,392 | ||
| Depreciation and |
||||||
| impairment | ||||||
| At 1April 2022 | 243,350 | 84,718 | 130,336 | 458,404 | ||
| Depreciation charge forthe |
13,052 | 317 | 3,888 | 17,257 | ||
| year | ||||||
| At 31March 2023 | 256,402 | 85,035 | 134,224 | 475,661 | ||
| Net book values | ||||||
| At 31March 2023 | 1,048,741 | 326 | 11,664 | 1,060,731 | ||
| At 31March 2022 | 1,061,793 | 643 | 15,168 | 1,077,604 | ||
| 11 | Debtors | |||||
| 2023 | 2022 | |||||
| 6 | 6 | |||||
| Trade debtors | 7,724 | 24,081 | ||||
| Prepayments and accrued income |
522 | 295 | ||||
| 8,246 | 24,376 | |||||
| 12 | Creditors: | |||||
| amounts falling due within one year |
||||||
| 2023 | 2022 | |||||
| 6 | ||||||
| Bank loans and overdrafts | 3,875 | 3,875 | ||||
| Trade creditors | 15,572 | 13,088 | ||||
| Accruals | 6,566 | 3,220 | ||||
| 26,013 | 20,183 | |||||
| 13 | Creditors: | |||||
| amounts falling due after more than one year |
||||||
| 2023 | 2022 | |||||
| 6 | f | |||||
| Bank loans and overdrafts | 9,408 | 13,282 | ||||
| 9,408 | 13,282 |
| 14 | Movement | in | funds | ||||
|---|---|---|---|---|---|---|---|
| Incoming | |||||||
| resources | At31 | ||||||
| (including | Resources | March | |||||
| other | expended | 2023 | |||||
| At 1April | gains/losses | ||||||
| 2022 | ) | ||||||
| 6 | |||||||
| Restricted funds: | |||||||
| Restricted income funds: | |||||||
| 1,053,074 | (11,335) | 1,041,739 | |||||
| Total | 1,053,074 | (11,335) | 1,041,739 | ||||
| Unrestdcted | funds: | ||||||
| Designated | funds: | ||||||
| 116,412 | 158,547 | (185,447) | 89,512 | ||||
| Total | 116,412 | 158,547 | (185,447) | 89,512 | |||
| Total funds | 1,169,486 | 158,547 | (196,782) | 1,131,251 | |||
| 15 | Analysis of | net assets between funds | |||||
| Unrestricted | |||||||
| Total | |||||||
| funds | |||||||
| f | |||||||
| Fixed assets | 1,060,731 | 1,060,731 | |||||
| Net current | assets | 79,928 | 79,928 | ||||
| Creditors due provisions |
in more than one year and | (9,408) | (9,408) | ||||
| 1,131,251 | 1,131,251 | ||||||
| 16 | Reconciliation | ofnet debt | |||||
| At 31 | |||||||
| At 1April | March | ||||||
| 2022 | Cash flows | 2023 | |||||
| E | 6 | 6 | |||||
| Cash and cash | equivalents | 100,971 | (3,276) | 97,695 | |||
| 100,971 | (3,276) | 97,695 | |||||
| Bank loans | (17,157) | 3,874 | (13,283) | ||||
| (17,157) | 3,874 | (13,283) | |||||
| Net debt | 83,814 | 598 | 84,412 |
| forthe year ended 31M | arc | h 2023 | ||||
|---|---|---|---|---|---|---|
| Unrestricte | ||||||
| d funds | Total funds | Total funds | ||||
| 2023 | 2023 | 2023 | 2022 | |||
| E | E | E | ||||
| Income and endowments | from: | |||||
| Donations | ||||||
| Donation and grants from |
15,623 | |||||
| Charitable Trusts and Foundations |
||||||
| 15,623 | ||||||
| Investments | ||||||
| Bank interest receivable |
246 | 246 | 23 | |||
| 246 | 246 | 23 | ||||
| Other | ||||||
| Rental income | 158,301 | 158,301 | 97,179 | |||
| Covid 19small business | 25,404 | |||||
| government grant |
||||||
| 158,301 | 158,301 | 122,583 | ||||
| Total income and endowments | 158,547 | 158,547 | 138,229 | |||
| Expenditure on: |
||||||
| Other expenditure | ||||||
| Bank loan and overdraft | interest | 347 | 38 | 385 | 351 | |
| payable | ||||||
| 347 | 38 | 385 | 351 | |||
| Employee costs | ||||||
| Salaries/wages | 83,421 | 83,421 | 62,184 | |||
| 83,421 | 83,421 | 62,184 | ||||
| Motor and travel costs | ||||||
| Travel and subsistence | 51 | 6 | 57 | 70 | ||
| 51 | 6 | 57 | 70 | |||
| Premises costs | ||||||
| Rates | 1,657 | 184 | 1,841 | 525 | ||
| Light, heat and power | 19,223 | 2,136 | 21,359 | 11,967 | ||
| Premises cleaning | 7,942 | 882 | 8,824 | 6,511 | ||
| Premises insurances | 1,663 | 185 | 1,848 | 1,788 | ||
| Premises repairs and maintenance |
18,658 | 2,073 | 20,731 | 23,284 | ||
| 49,143 | 5,460 | 54,603 | 44,075 | |||
| Genera Iadministrative |
costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Depreciation ofComputer |
||||||
| equipments | ||||||
| Depreciation ofFurniture fixture |
& | 15,530 | 1,726 | 17,256 | 18,653 |
| Dallow Development Trust Limited |
||||
|---|---|---|---|---|
| Detailed Statement of Financial Activities | ||||
| Bad debts | 20,930 | 2,326 | 23,256 | 23,256 |
| Equipment leasing and hire charges |
3,109 | 345 | 3,454 | 4,531 |
| Software, ITsupport and related costs |
7,096 | 788 | 7,884 | 2323 |
| Stationery and printing |
1,003 | 111 | 1,114 | 2,015 |
| Sundry expenses | 317 | 35 | 352 | 1,671 |
| Telephone, fax and broadband | 1,622 | 180 | 1,802 | 2,130 |
| 49,607 | 5,511 | 55,118 | 54,579 | |
| Legal and professional costs |
||||
| Accountancy and bookkeeping |
2,203 | 245 | 2,448 | 2,448 |
| Other legal and professional | 675 | 75 | 750 | 625 |
| costs | ||||
| 2,878 | 320 | 3,198 | 3,073 | |
| Total ofexpenditure ofother costs |
185,447 | 11,335 | 196,782 | 164,332 |
| Total expenditure | 185,447 | 11,335 | 196,782 | 164,332 |
| Net gains on investments | ||||
| Net expenditure | (26,900) | (11,335) | (38,235) | (26,103) |
| Net expenditure before other gains/(losses) |
(26,900) | (11,335) | (38,235) | (26,103) |
| Other Gains | ||||
| Net movement in funds |
(26,900) | (11,335) | (38,235) | (26,103) |
| Reconciliation offunds: |
||||
| Total funds brought forward | 116,412 | 1,053,074 | 1,169,486 | 1,195,589 |
| Total funds carried forward | 89,512 | 1,041,739 | 1,131,251 | 1,169,486 |