Accountancy Solutions
Dinnington Area Regeneration Trust Limited
Financial statements for the year ended 31st March 2025
Charity number: 1090654 Registered England and Wales
Company number: 3494038 Company limited by guarantee
[Call: 07926 450 250 ] Email: info@hslaccountancysolutions.co.uk www.hslaccountancysolutions.co.uk
Dinnington Area Regeneration Trust Limited Contents of the financial statements for the year ended 31st March 2025
| Page | |
|---|---|
| Administrative Details | 1 |
| Directors (Trustees Report) | 2 - 3 |
| Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the accounts | 7 - 9 |
Dinnington Area Regeneration Trust Limited Administrative details for the year ended 31st March 2025
Registered Charity number 1090654 Registered Company number 03494038 Directors (Trustees) Janet Carr Michael Gillam Colin Anthony Salt Jeanette Mallinder Kristian Denman Administrative address Middleton Hall Barleycroft Lane Dinnington Sheffield S25 2LE Bankers NatWest PO Box 37 38 Corporation Street Rotherham S601NH Independent Examiner Mr Heera Singh FMAAT HSL Accountancy Solutions Enterprise House 61a Carr House Doncaster DN1 2BY
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Dinnington Area Regeneration Trust Limited The Directors (trustees) present their annual report for the year ended 31st March 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and financial statements for the year ended 31st March 2025.
Exemptions
The trustees have taken advantage of the exemptions available to small companies, including the audit exemption (see statement on balance sheet). This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Governing document
The charity is operated under the rules of its memorandum and articles of association. The company is limited by guarantee and therefore has no share capital.
Appointment of trustees
Overall management of the charity is the responsibility of the trustees who are appointed under the terms of the governing document.
Objects and activities
The objects of the charity as described in its Memorandum are:
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a) The relief of poverty
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b) The relief of unemployment
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c) The advancement of education, training or retraining, particularly amongst unemployed people, and providing unemployed people with work experience.
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d) The creation of training and employment opportunities by the provision of workspace, building and/or land for use on favourable terms
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e) The provision of recreational facilities for the public at large or those who by reason of their age, infirmity or disablement, poverty or social and economic circumstances, have need of such facilities.
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f) Such other means as may from time to time be determined subject to the prior written consent of the Charity Commissioners for England and Wales
Achievements and performance
DART – Dinnington Area Regeneration Trust operates from Middleton Hall in Dinnington. Middleton Hall, situated nine miles from Rotherham town centre. We service the local communities and surrounding areas by providing facilities in the form of a community hall. Due to our location and rural isolation, there are limited opportunities for the community to engage in the activities enjoyed by those living in urban areas. Our aim is to provide activities needed to build a cohesive community. We previously ran daily sessions and in-tended to expand our programme of activities that would engage with the whole community in its diversity.
On joining the charity in a more formal hands-on role, Kristian joined Janet, specifically becoming more involved in the social prescribing, development of the charity resources and the promotion/marketing of the community centre From December last year, our initial task was to develop the existing groups via the use of printed material (A5 Flyers) for some of the less well funded and vulnerable users. DART donated funds to kick start the program, and this has and will continue to promote greater awareness of the facilities through systematic social media campaigns, encouraging user groups to promote themselves by word of mouth. Also, we are installing a development of direct advertising using new signage being installed, as well a redesigned highly functional web site to go live before the autumn program begins.
December
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Designed and branded user groups
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Created social media brand awareness
January
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Initiated a partnership with Yorkshire & Humberside Probation services for sponsored programs including Vocational and pay back schemes. The payback scheme allows us to schedule modernisation of resources while providing projects for the rehabilitation services.
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Created a marketing strategy including branding for DART User Groups and the charity
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Development of a new and highly functional web site allowing clients to view and book available resources through automation. The new site will be clear concise and updated as well as providing a framework for effective search engine optimisation.
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Development of entertainment services to combat the effects of loneliness through regular showing of movies on a new large screen.
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Programs to be developed for daytime users such as Tea Dances, theatre and maximising the available resources for schools and children’s groups.
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Initial development and discussions to develop existing currently unused rooms for the purpose of addressing short term homelessness and women’s shelter accommodation.
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Dinnington Area Regeneration Trust Limited The Directors (trustees) present their annual report for the year ended 31st March 2025
DART are committed to the regeneration of the area through meeting the needs of the most vulnerable in Dinnington and surrounding areas. We need more support, and we are currently looking for further grant funding to assist in the growing problems of disenfranchisement and the welfare of the most vulnerable including our vulnerable seniors, women and children from abusive situations. Our long term projection is to provide inclusive safe spaces with the objectives of assisting others to develop self-worth as well as providing a road map to independence. All enquires are welcomed. We are looking to broaden both our volunteer and salaried positions which should be directed in the first instance to: information@dinnington.org Thank you for your interest in our project.
Statement of Public Benefit
In planning our activities in the year we kept in mind the Charity Commissions guidance on public benefit. The main focus through the financial year were a) The support of local community groups - providing advice, training and help information and governance. b) The provision of activities to support children during holiday periods. c) The provision of social activities to support social cohesion d) The provision of an affordable venue to support the development of community groups.
Reserves Policy
Due to the nature of how the charity operates on a project by project basis, the charity’s reserves policy is to ensure funds, either held as reserves or secured and agreed with funders, are sufficient to enable to charity’s projects to be completed successfully. It is the general policy of the charity that project funding is obtained or agreed prior to any particular charity activity commencing. Reserves are therefore held which are sufficient to meet the funding requirements outstanding on the charity’s activity commitments at any particular time, less any amounts that have been agreed but not yet received. Due to the nature of the charity’s funding and funder’s restrictions on how it may be applied, the charity is only able to maintain minimal reserves which have been approved for more general expenditures.
Financial Review
DART reserves and its financial position have been maintained throughout the financial year allowing for further development of the organisation whilst maintaining 6 months running costs in reserve. It is the trustees intention to try to continue and develop DART to provide a first class affordable community venue.
Plans for the future
Our priorities for the coming year continue to be support to the isolated and elderly, work with other groups to bring benefit to the area and to maximise the letting capabilities in our building to generate income to aid our sustainability. We are in the process of submitting a funding bid to Reaching Communities to employ a manager and administrative assistant and we hope this will be successful.
Statement of Directors and Trustees' responsibilities
The trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' Annual 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 year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure of the charitable company and the group for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and of the group 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 charitable company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees declare that they have approved the above report.
Date: 16[th] September 2025
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Examiner's report to the trustees of Dinnington Area Regeneration Trust Limited for the year ended 31st March 2025
I report on the accounts of Dinnington Area Regeneration Trust Limited for the year ended 31 March 2025 which are set out on pages 5 to 9.
Respective responsibilities of trustees and examiner
The charity’s trustees (who are also the directors of the Company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other then the company and the company's trustees as a body, for my work or for this report.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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accounting records have not been kept in accordance with section 386 of the Companies Act 2006;
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- the accounts do not accord with such records:
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where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102)
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any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.
Mr Heera Singh FMAAT HSL Accountancy Solutions Ltd Enterprise House 61a Carr House Doncaster DN1 2BY
Date: 17[th] September 2025
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Dinnington Area Regeneration Trust Limited Statement of Financial Activities (Incorporating the Income and Expenditure Account) for the year ended 31st March 2025
| Income from: Donations Grants Room hire Bank interest Total income Expenditure on: Activity costs Advertising Equipment Insurances Licenses and subscriptions Printing, postage and stationery Professional fees Refreshments and catering Repairs and maintenance Salaries Staff and volunteer expenses Telephone Utilities Depreciation Total expenditure Net income/expenditure Balance brought forward at 1st April 2024 Balance carried forward At 31st March 2025 |
General Designated Restricted Total Total Fund Fund Fund 2025 2024 £ £ £ £ £ 5,585 0 0 5,585 2,474 0 0 7,000 7,000 6,000 12,378 0 0 12,378 13,645 677 0 0 677 551 |
|---|---|
| 18,640 0 7,000 25,640 22,670 |
|
| 0 0 25 25 585 0 0 0 0 325 0 0 1,353 1,353 0 1,908 0 0 1,908 1,588 210 0 0 210 40 12 0 626 638 309 0 0 500 500 513 1,351 0 1,674 3,025 2,404 1,071 0 1,154 2,225 1,398 0 0 2,259 2,259 1,480 0 0 804 804 257 768 0 0 768 765 5,127 0 0 5,127 4,220 0 4,973 0 4,973 4,973 |
|
| 10,446 4,973 8,396 23,814 18,857 |
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| 8,193 -4,973 -1,396 1,825 3,813 122,128 84,903 5,330 212,360 208,547 |
|
| 130,321 79,931 3,934 214,186 212,360 |
|
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All the above amounts relate to continuing activities.
The accounting policies and notes on pages 7 to 9 form part of these financial statements.
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Dinnington Area Regeneration Trust Limited Balance sheet As at 31st March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Fixed Assets | 158,806 | 163,779 | |
| Current Assets | |||
| Debtors | 3 | 738 | 404 |
| Cash at bank & in hand | 56,002 | 49,397 | |
| 56,740 | 49,800 | ||
| Liabilities | |||
| Creditors - amounts due within one year | 3 | -1,360 | -1,218 |
| Net current assets | 55,380 | 48,582 | |
| Net assets | 214,186 | 212,360 | |
| Funds of the company | |||
| Unrestricted Funds | 7 | 130,321 | 122,128 |
| Designated Funds | 7 | 79,931 | 84,903 |
| Restricted Funds | 7 | 3,934 | 5,330 |
| Total funds | 214,186 | 212,360 |
For the year 31st March 2025, the company is entitled to the audit exemption under section 477 (2) of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
a) ensuring the company keeps accounting records which comply with section 386; and
b) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and its profit or loss for the financial year, in accordance with the requirement of the companies Act 2006 relating to accounts, so far as is applicable to the company.
Small company provisions:
These accounts have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
The directors declare that they have approved the accounts above.
Date: 16[th] September 2025
The accounting policies and notes on pages 7 to 9 form part of these financial statements.
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Dinnington Area Regeneration Trust Limited Notes to the financial statements for the year ended 31st March 2025
1. Accounting policies
1.1.1. Basis of preparation
These accounts (financial statements) have been prepared under the historic cost convention, with items recognised at cost or transaction value, unless otherwise stated in the relevant note(s), in accordance with:
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The Charities Act 2011
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The Companies Act 2006
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The Financial Reporting Standard applicable in the UK and the Republic of Ireland: FRS102
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Accounting & Reporting by Charities: Statement of Recommended Practice (Charities SORP FRS102) (effective January 2015)
1.1.2. The charity meets the definition of a public benefit entity as defined by FRS 102.
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1.1.3. The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
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1.1.4. All figures presented in the statements and supporting notes have been rounded to the nearest pound.
1.2. Incoming resources
These are included in the Statement of Financial Activities. Incoming resources are recognised when:
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The company becomes entitled to the resources
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The trustees are virtually certain they will receive the resources; and
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The monetary value can be measured with sufficient reliability
Where incoming resources have related expenditure (as with fund-raising or contract income) the incoming resources and related expenditure are reported gross in the Statement of Financial Activities.
Grants and donations are only included in the Statement of Financial Activities when the company has unconditional entitlement to the resources.
Contractual income is only included in the Statement of Financial Activities once the related goods or performance related services have been delivered.
Investment income is included in the accounts when receivable.
1.3. Expenditure
Expenditure is charged to the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Expenditure is classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable expenditure comprises those costs incurred in the delivery of the charity’s activities and services for its beneficiaries, including both direct and support costs. The expenditure has been analysed but usage.
Professional fees include those costs associated with meeting constitutional and statutory requirements, including Accountancy fees.
1.4. Fund accounting
Restricted funds are funds received from donors which are subject to restrictions on the purposes for which they may be used of which have been raised for a specific project. Unrestricted funds are those where there are no externally imposed restrictions. These include funds freely available to the charity for expenditure or appropriation to reserves for internally designated purposes.
1.5. Assets
Tangible assets are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost, or, if gifted, at the value to the company on receipt.
The rates applicable are; Freehold buildings Audio and office equipment Computer equipment
2% Straight line 25% Straight line 33% Straight line
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Dinnington Area Regeneration Trust Limited Notes to the financial statements for the year ended 31st March 2025
1.6. Stocks
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
1.7. Debtors
Debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
1.8. Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount, usually the invoice amount. Accrued charges are normally valued at their settlement amount.
1.9. Taxes
The company is not VAT registered. As a Charity the company is exempt from taxation on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of chargeable gains Act section 505 of the Taxes Act 1988 or s256 of the Taxation of chargeable gains Act 1992 to the extent that these are applied to its charitable objects.
2. Income from:
| Income from: | |
|---|---|
| VAR - Social Prescribing VAR - Community fund |
General Restricted Total Total Fund Fund 2025 2024 £ £ £ £ 0 6,000 6,000 6,000 0 1,000 1,000 0 |
| 0 7,000 7,000 6,000 |
3. Fixed assets
| Fixed assets | ||
|---|---|---|
| Cost Additions Disposals At 31st March 2025 Depreciation At 1st April 2024 Charge this period Disposals At 31st March 2025 Net book value at 31st March 2025 Net book value at 31st March 2024 Debtors Prepayments Trade debtors |
Middleton Fixture, Fitting Computer Total Hall & equipment equipment £ £ £ £ 248,626 52,605 121,757 422,988 0 0 |
|
| 248,626 52,605 |
121,757 422,988 |
|
| 84,847 52,605 4,973 |
121,757 259,209 4,973 |
|
| 89,820 52,605 |
121,757 264,182 |
|
| 158,806 0 |
0 158,806 |
|
| 163,779 0 |
0 163,779 |
|
| £ £ 0 0 738 404 |
||
| 738 404 |
4. Debtors
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Dinnington Area Regeneration Trust Limited Notes to the financial statements for the year ended 31st March 2025
5. Creditors
6.
| Creditors - due with in one year Trade creditors Movement of funds Unrestricted funds General funds Designated funds Fixed asset depreciation fund Restricted funds*** Social Prescribing - VAR Community fund - VAR Charles Haywood |
Balance at Incoming 01/04/2024 Resources £ £ 122,128 18,640 |
2025 2024 £ £ -1,360 -1,218 |
|---|---|---|
| Expended Balance at Resources 31/03/2025 £ £ -10,446 130,321 |
||
| 84,903 0 |
-4,973 79,931 |
|
| 2,330 6,000 0 1,000 3,000 0 |
-7,395 934 -1,000 0 0 3,000 |
|
| 212,360 25,640 |
-23,814 214,186 |
Designated funds*
Continuing the accounting treatment of previous year the designated fund equates to the balance of tangible fixed assets financed by funding on which there remains donor restrictions at the balance sheet date. The designated fund therefore contains funds which are ultimately restricted in nature.
Each year the fund is increased by the restricted fund fixed asset additions during the year and reduced by the depreciation charge on those assets, together with any amounts which are no longer subject to any specific donor restrictions. This is carried out each year by an accounting transfer between funds via the Statement of Financial Activities.
Restricted funds**
Social prescribing – VAR funding was awarded to host a number of activities at Middleton Hall.
Community fund – VAR funding was towards equipment.
7.
Salaries
| Salaries and wages No employee received emoluments of more than £60,000 in the year. |
2025 2024 £ £ 2,259 1,480 |
|---|---|
The average weekly number of employees during the year was 0.5 FTE. (1 FTE: 2024).
8. Company Limited by Guarantee
The charity is a company limited by guarantee and has no share capital. The liability of each member, in the event of a winding up, is limited to £1
9. Directors Remuneration
No remuneration was received by any directors in the period of these accounts. Only expenses properly incurred were reimbursed.
10. Related Party Transactions
There were no related party transactions during the period of the accounts
11. Previous period comparison
Where available, the previous period’s figures have been included for comparison purposes only.
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