## **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**||
March **2012**
**TAR**
1
## **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.
March **2012**
**TAR**
2
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)**
March **2012**
**TAR**
3
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
March **2012**
**TAR**
4
## 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**
March **2012**
**TAR**
5
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
March **2012**
**TAR**
6
**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
- 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**
1
**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**
2
**IER**