Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 6 04 2022 To 5 04 2023
Section A Reference and administration details
Charity name DWYER HART FOUNDATION
Other names charity is known by
Registered charity number (if any) 1090297
Yarmer, Ilbert Road Thurlestone, Devon Postcode TQ7 3NY
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Declan Dwyer | Chairman | |||
| Susan Dwyer | secretary | |||
| John Hart | ||||
| Nuala Kalfayan | ||||
| Candi Hart | ||||
| David Chudleigh | ||||
| Kieran Dwyer | ||||
| Freddie Kalfayan | Treasurer | |||
| Names of the trustees for the charity, if any, (for example, any custodian trustees) | ||||
| Name | Dates acted if not for whole year |
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Names and addresses of advisers (Optional information)
| Type of adviser | Name Address |
Name Address |
|---|---|---|
| Name of chief executive | or names of senior staff members (Optional information) | |
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document (eg. trust deed, constitution)[Trust Deed] How the charity is constituted (eg. trust, association, company)[Trust] Trustee selection methods (eg. appointed by, elected by)[Trustees select & appoint]
Additional governance issues (Optional information)
Works with local schools to identify financially disadvantaged students and You may choose to include to finance them through further education. additional information, where relevant, about: A family trust with outside monitors. policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
Further education, professional training or sports training for beneficiaries who in the opinion of the trustees would benefit from financial assistance and have shown ability to benefit from such assistance, and in most cases living away from home.
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Advancing other charitable purposes including buildings, educational or sporting, for younger people or endowments to educational establishments Select and give bursaries to up to eighteen school leavers a year going on to or already in further education Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
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Rely on teacher selection, references and annual interview.
Students supply a report at the end of each university term and some are asked for a tutor report in addition.
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
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Section D Achievements and performance
Fourteen university students at ten different universities received Summary of the main assistance. achievements of the charity during the year
Section E Financial review
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Financially we operate conservatively. We do not expect to spend Brief statement of the significantly above the gross income of our invested fund,, and expenses charity’s policy on reserves are minimal.
Details of any funds materially in deficit
Nil
Further financial review details (Optional information)
Only source of funds have been Gift Aid from the trustees and income You may choose to include from the invested fund additional information, where relevant about:
The fund is invested via Rathbones at level 4 risk (max risk 6).
-
the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) D. Dwyer Full name(s) Declan Dwyer Position (eg Secretary, Chair, etc) Chair Person
Date 17[th] Feb 2024
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No (if any) T DWYER_HART FOUNDATION Receipts and payments accounts For the period Period start date To from 4/6/2022 4/5/2023
CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
| Section A Receipts and payments Unrestricted |
Restricted | Endowment | ||
|---|---|---|---|---|
| A1 Receipts INVESTMENT INCOME 16,362 - GIFT AID - - - - - - 16,362 - - Sub total - Total receipts 16,362 A3 Payments TRAVEL EXPENSES 350 COMPUTER EQUIPMENT 231 POSTAGE 72 BANK CHARGES 60 GRANT PAYMENTS 23,564 WEB PAGE - INVESTMENT MANAGEMENT FEES - - - Sub total 24,277 - - Sub total - Total payments 24,277 Net of receipts/(payments) - 7,915 A5 Transfers between funds - 7,915 A6 Cash funds last year end 2,705 Cash funds this year end - 13,125 funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases,(see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - funds |
to the nearest £ funds |
Total funds to the nearest £ 16,362 - 26,995 - - - - - 43,357 136,341 - 136,341 179,698 350 231 72 60 23,564 - 3,912 - - 28,189 100,478 - 100,478 128,667 51,031 7,683 58,714 |
Last year to the nearest £ |
| - - 26,995 - - - - - 26,995 |
16,362 | 13,388 | ||
| - | - | |||
| 26,995 | 12,247 | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 43,357 | 25,635 | |||
| 136,341 - 136,341 |
136,341 | 35,452 | ||
| - | - | |||
| 136,341 | 35,452 | |||
| 163,336 | 179,698 | 61,087 | ||
| - - - - - - 3,912 - - 3,912 |
350 | 435 | ||
| 231 | 634 | |||
| 72 | - | |||
| 60 | 15 | |||
| 23,564 | 17,128 | |||
| - | 154 | |||
| 3,912 | 4,310 | |||
| - | - | |||
| - | - | |||
| 28,189 | 22,676 | |||
| 100,478 - 100,478 |
100,478 | 86,043 | ||
| - | ||||
| 100,478 | 86,043 | |||
| 104,390 | 128,667 | 108,719 | ||
| - | 58,946 7,915 4,978 71,839 |
51,031 | - 47,632 | |
| - | - | |||
| - | 7,683 | - | ||
| - | 58,714 | - 47,632 |
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details HSBC RATHBONES Details Details RATHBONES INVESTMENTS Details Details Signature Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 7,148 - - - - - 7,148 - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) ENDOWMENT 633,825 - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
| 50,985 | |||
| - | |||
| 50,985 | |||
| Agreement Error | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 721,012 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of
Charity Name
THE DWYER-HART FOUNDATION
On accounts for the year ended
05 April 2023 1090297
Charity no (if any)
Set out on pages
SEPARATE DOCUMENT
(remember to include the page numbers of additional sheets)
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 / 04 / 2023
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.
Signed: R. Thorne Date: 17 FEB 24 Name: RAYMOND THORNE Relevant professional qualification(s) or body (if any):
CHARTERED ACCOUNTANT
October 2018
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IER
Address:
PECKWATER
EDDYSTONE ROAD, THURLESTONE
DEVON TQ7 3NU
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose . NONE
October 2018
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IER