Charity registration number1093882 Compainy registratio￿ nurnbei. Tr4378S21 {Englsnd and WNl¢s) THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED LEGALAND ADMINISTRATJVE INFORMATION J W AndciEOII A E Andrcws JA Drcsner G Ga(es S P Sinith J P Smoothy (Appoint¢d 7 F¢bNary 2024) Charlty number 1093882 CiimpaTJy nwmher 04378521 Prlttelpal Y4ddress St Martins 59 In)perial Avenue Wesicliff Oli Sea Englllhd SSO 8NQ Reglst¢r¢d office St Mortins 59 1rn1)erial Av¢nu¢ W￿(clIff Oli Sea E55CX England SSO 8NQ Audltor FrllnctÈ James & Partn¢r5 LLP 1386 London Road L¥igh Sca Esscx Eiiglnnd SS9 2UJ THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED CONTENTS PaEe Trustees report Sthtenient of ¢nL$le￿ responsibilili Iiidepei)dent Auditorts T¢POrt Staten)eL)t of finai)ci81 a¢tiviii¥ Bolance $h¢¢t 12 Staiement of ¢&sh flows 13 No¢e8 ￿ Ili¢ fin#n¢ial $th￿￿en 14-24 THE SOUTHEND ON SEA DARBY & JOAN ORGANISATJON LIMITED TRUSTEES REPORT (INCLUDJNG DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th¢ (rusices wrs¢i?I ti)cir awiual rrpoyi and finyncial siatL'm¢nls for the yeoi. ended 31 March 2024. The fliiancial stalcm¢nts have been pr¢par¢d iii aecordailcc WÉth ilie ae¢ouniing polici&% set out iii ftfile I trj tlie linaiicial staieiiients aiid comply with Ihe chariLy's goveri)ing docum¢n¢. Ihe Con)ponics Ac( 2006 aiid 'Accouniing aiid Rei)oitiiig by cliurit5￿.' Statcmeiit of Rceon)niciidcd Prncuee applicil ble to chariiics iheir accounts ii) a¢cordaiiee witli (he Finaiicittl Rcpoitifig stand￿rd appli¢ablc in th¢ UK und Repiiblic of Tre￿ild (FRS 1021" leffectivc l J8nuury 2019). otJjcetiv&s and ACtivitlt& The Ariicles ol-AssoGiation State Ihat Ihc objcct of the Orgartlsalion is to as51$1 io th¢ rclief of th¢ needy ai)d ¢ld¢rly sn *icli ways 05 th¢ (n￿te¢S thiiik fLI in¢ludiiig through th¢ pyovisioii of itsidcntial homcs. Th¢ ain¢lldn)ent ro lh¢ Articles iii Dtecrt)bcr 201 I Irmoved the rcslr(etion of operatiii& withii) SouthcndaOII-Sc¥¢ 8nd Essex PArticularly m¢llniiig St Mai1ii)$ also iak¢y Itf¢ry31s froin fui11)er Dfi¢ld TL)cluding ihe l￿dart Boibughs. In 2012, eh¢ Soutl)cnd on Sea Daiby and Joan Organisation m¢iEed with The Mission of Help 8nd in doing so aequii'ed St Mortin% R￿Id￿nI)87 Cars hDm¢ for £76.596. Carc is DOW PLDvid¢d in one ￿K]St¢[L{l iL'sidLThtial home a¢ St Mal'lins in W¢siclift' on Sca wl)i¢h ofycrs dcm¢ntia-si)c¢iali8cd adult C8rc for up to 26 IEsid¢n(s. Flnliicial Objectlves Fin&t)¢i8IIyi the carc S￿[Or ¢oiiiinu¥5 10 LXP¥I'iLliCC ¢liall¥nbi¢s 114tityiolly. Our chariiy's finllncial obj¢divLS trinftiii focu4¢d an en.4uI'iiig cha¢ our op¢rations &Juicrnl¢ ¢nousli iiicome ia eover our liLbiliti¢5 willi any surplus funds invested piimji'ily iiii engui'ing (h&( S¢ MrLrlins coniinu¢s lo off¢i' o safe, seuiir and ciMnlori#ble hojne for oui. r¢.¢idcnrs. Tlic inoj()I'ity of Incon)c oming in Its tlie charity is fitsin rL'sid¥nt5' le¢$ wli¢ili¢r paid for privtst¢ly or via thc locftl aillhoriry. E&eh year, tnL*ieeS Irview residei)Is' f¢c s¢iwiures 10 eii$urc Iliai they aro sei ai a I¢￿1 ihot uvstec¥ feel is.. Adequatc to ¢ovcr our op¢i8linbp costs Fair, givin¥ coitsid¢Tntioii to Ihe aeces5ibility Df our %ervi¢cs to Ihox with limitcd iiwoinc tsiid in necd of oui. suiiporl In line with iLifl#tion io eiisuir we meet our liabl11￿$s and ihe chnTity 11) n fi*￿tIY ￿￿pOnSibl¢ fashioi) In a8reemen¢ wirh Local Authority fee l¢vel$ It 1$ R sad realily tbslt, likc mllny others across the UK, th¢ cost of css¢ntial items such d5 food. ci)ciEy and profe8sitsiitsI le¢s (SllLh as insurance) hAV¢ IISLn and cany on ¢Joiiig so. li eontinucs to b¢ g difficult limo foi. ull small op¢iUtions' Iiow¢v¢i', it is trusie¢s' belief tliat clever IManagciii¢nt of Ihc chariiy's finance% will provide a bolsi¢¥ io ft)tUTe tinaiiBial cliallengcs. To tl?is ¢nd. nd5 fibJ# tl)e sale of a pirJ￿Ily hive bccn iJvL8ted in k liigli intcs'es¢ gavlrtgs uccount. T]1¢ intcrtsi earft¢d 1$ re-inv¢sted foi. tlie bencfit of r¢sid¢nl.% (in leLimS of repair and main¢¢nal￿ of rh¢ home or rcsid¢nLS bencfit) or in tl)¢ iiirining of tlic cliarity loi. Ilio bei)efil of the wider Loii]rnuDiiy. EaLlI yexT. we lliso r¢ceive leg8cie% froits ivill d￿l￿tion¥ wliiL.l? urc alwthys wily #ppreLiJ(¢d. If iherE l% l)0 slipulaiion ¢0 l)ow tliis nJoney is to be used, we will &uoin look Iv ben¢fii resid¢Jit$ L( Si Marlins by pur01￿￿41￿1 iieitts Cor 8tttivi(ies (llaines. cookery ileins, ¢r¢aiive equipin¢iit) gr use the moiiey io fund re￿irS or improveDieJi(s iIi our l)ome Isucli a$ a iiew woj'kshoi slicd in th¢ garden). fn ad(lillOD, WC grt involycd irt liiniied fundraisin&¥ such as our Bardeii parli¢5 which ¥encr4Lt Bnough surplus to fund y(Jdiliunal resident cll*itsii)m¢nl oi. uclivi(ic%. Eniurlng ovr work dellvers our #SMJ Iii sliapiiig our objc¢tlVC5. th¢ tri15￿ eonftrii) that the Charity Comiiii$sion'8 gvidtsnee nn public bcncfit, ii)cludins Il)0 guiddllee 'piiblic bcJJcfit.' ￿nn1Th8 a charity (PB32}' ha$ been eoD5idcr¢d and followe¢L Our 5tfil(ebry is review¢d rcgularly t(J cnsiirc our choriry provides thc peoplc of South¢iMI tsnd n¢ighbouring areas the servi¢c$ amd support required yn the wny they ii¢ed it. Paroinouxi to thi5 is our provisioii foi. car4 provided in oiir residential hoilic 111 the hcarl of Westcliff. Tl)is i% whcrc our residcnts live. St M￿￿rE1￿$ is horne to 26 eldth.ly people sufferinu witli a rdnge ol. ctsndition.% iijcludriig d¢m¢iitla, linilry andlor iJ)mobilily. Tiust¢e3 meet regulaAy and OLE always k￿n to ILnpJDve opcrati01i4LI proc¢5￿6 aiiLI piDced¥re5. id¢i)tify oppomjnities, solve or8aAisaiioiial ¢lJallenx¥5 and rxploir opptsrtuiiiiies ai)d pabli1￿YhiPS. THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED TRUSTEES REPORT UNCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 NIARCH 2024 Views frorn Our Rolidents, Famllles 9nd Frf¢nd$ FLcdba¥k fi'oii) LxistiThB and poL¥nlièl Lli¢nl$ is always warinly receive4J wi¥J hclps us Iv btaugtt (lie suLL￿ti ufour GU￿L￿nI sei'vicL as w¢ll as offering us way$ io improvc our otrLrin8. We knld regular niectiiiU5 with r¢5idLI)t$ &nd tl)Lic rajiiili￿ irt whi¥l) WL sc£k f¢edbaLk on thc hoinc, the cnre received. Il)e food and (he enieitainiiiLnt. RL*idcnts aiid fGinili¢s always r¢8POIi ¢oiislru¢tivcly io our Incetings and surveys flnd IliB level of di&lo8ue widl m4na8LiM<#)i ttppropr¢atc Liid u¥¥ful. Witlioiit excepLion, t¢¢dlMck is consthnily po$ilivc. Pot¢nrittl clicni$ wolking (lirougli ￿1r doors for the firsr timc app￿rat¢ thc hoinely feel and ihe wam wcl¢onie by 3tall'. Loiig¢i' terni r¥sidttnts Ytslue Ihc frieiidly y¢1 prtsfes¢ionJl Yclaiionsliip with their key carer oiid (he ampl¢ spÈce Ihe hoi)ie provid¢s. Old ai)d Iicw love dic laytsut of oui. hoine wilh its WLdc co￿•dOr8, large ¢omii)unal Tooms aiid ibuiidante ol. wii)dtsws overl()nkii)g oii). ¢xteiisiv¢, aword-winiiing, d¢mentlil-Inciidly gard¢ii. It is tcstnmeiii fo the dediclltioii ond 1111Yd WOTk ofour 5raff Ihnt Inni)y of oiir new clientb hav¢ Come to u¥ throuxh word-tsf-niouth or ye￿MM0ndalIott. Achlevemcnts #nd p¢rfoMi4neo Gold Framework (GSF} In aciober 2022 we rcgi.It¢r¢d for tli¢ Gold Stand81'd Frnii)ework, ai) ac¢redi¢ThÉion for ¢ftYe homtg and lica1thcnl￿ pi'oviders Iii ¢arii)u for p¢oplc in Il)e I￿51 ytars of 5ifG. W¢ aTC eontinuing to work iOWArd$ our acc1rdi￿tIon Ihi'ougli trniiiiiig aiid by ciiib¢ddiii& best prnttice iii our opcrniions. Accrediration requires evideiiciThg whi¢h Inkc% lini¢ aiid rcsourcu to OlBllnis¢ ui)d pres¢nt. We hopc ¢0 wc¢￿sfi)1IY conelude our Irainiiig and aCCTeditaiion in thc IDst quarter of 2024. Otlier Aclilevements *Dd Perfoi'm8ncc Tli¢ Iwt year h&8 y¢#n Ihr Charity Lon501i¢JaLe ils Ill￿&th8 gnd forus on futtsrr L8r¢ provision iii Ihe borough. R¢¥ular In¥eiii)us with Soutl?end Cily Council (lirouuliou¢ lh¥ ye&r ensured Ilioi lh¢ ¢h4rily'% objecLiV¢% ajid fiiiur¢ bubine%b yirtsleby align will) Llie 8rea'$ deittand for adul¢ car¢. Re&iullli' meetijigs wiUi ¢un)Inissioiiers ai ihe couiicil und ihe outcomes uf ilittse meeLii)¥s ure mohitored ￿ ¢iisure our servke&% and our resid¢Ji(s are reprcs¢iil¢d. We have a number ofn)o¢k insp#cLiuElS from tlie couiicil and ¢ur T.IR I safcguardiftg providers both of whom llivc aceessed us as 'good'_ rAiing which wg ure proud 10 ¥chieve dnij trnly i¢fl¢cts th¢ hard work &nd dilligcncg Jll &iaff Rt St Martins. In addiLlOlI. w¢ w¢re llwarded a S-si&r rnling for kiiLlILn Iiygi¢nc from SCC wliicli is very we1141vs¢rvLd. OIIT kitchen .slaff work hard ￿ ensure tii¢ir f¢)od pi'¢parotion urc&s hJvg ilic liigli£%L ofslandards in hygiene and fuijd liindlinb PTAGliL¢s and Iliis is r¢fl¢cted li) Ihe Latcr?n&t serviLcs tliat we pmvidc. Tlic fiiioncial yollr sioi'i¢d p¢)siiively willi tnjsiees Rureeinbi a new S yetjr siraieby for tlic chai'iry wlii¢li nented. Chii¥tlDll> iy ulway$ o busy tin)e for Irsidcnts and and 2023 did not diwppoi))tl Thc fesiiv¢ yc&boii kicked OIY wilh a vi5ii IIvLn iouring eompany ivlKJ Put on a Uniq￿lY ¢rc8tivc production of tli¢ foiry illle pani(>iniLne CiiideiEll8. Tl)ere was also a staff caiol concci1 for relidents and ehurch 8wvi¢u fro1￿ members C*fsi Siviourg in Westcliff. lil addition 1¢) d)¥5L now visitors, w¢ have oui. s¢alwJrt ind rcgulAr ont¢rtain¢rs who cuntsnue to bring mucli joy ¢0 Si Marlii?s, SinuLrs and inusiLLan$ 5u¢li as D&vid Johns. Ronnic, MariK dic E-baiul. Adgm fron) tl)L Piano PavdiL)n aiid T1￿ Ladybirds arL' riuli(ly v¢ry popullr with oiir iuidwils JrKI 8itL'SKi til¢ hoine retsiularly ￿ cd6brai¢ birtlidays and In4jor iv¥nt8. ThL &unim¢r IMoiill)s our att¢iilioii MDWL. to morc ouidoor putsuiis. This is th¢ iimr wli¥ii our woiid¢i'ful d¢mentill.fi'SLiidly yurdcii rcAlly comes alivc. With a iicw King 01) lh¢ ihrone, Ihe Si Marlins cgmmunity cclcbrAied his corniiolioii in glylt will) a wond¢J.fiilly fitlittg Lnd plltrintic garden parry ar￿1)ded by TeEidents families and fricnds. We also hold our rcgulgr sumin¥r parti¢s iii Ilie gaTden Iw¢uthcr p¢rniiiiingl al(hoii8h we nev￿. forget thai Si Maiiins 1%. at Iiea51, a h(>me to oui. r¢5id¢nl% ond thc rdcn is ali ¢xicnsion of this. Tho gal.den provid¢$ a l)aven of iranquillity aiid pcace with liitle pocket% of pi'ivacy wh¢r¢ Ividciits sit And enjt)y qui¢t lim¢ alonc oi. with oth¢ts as they choos¢. For ti)osc unable to go out oli their owi), thc ¥#rdcii 18 exteii$ivo enoligh to piDvi(k much nCCd￿ ¢x¢iEise aloJiB a lengthy fikturc of eight potliway. Fin2llL,lul revlew ReserveR snd Inves¢mont S¢rAlegy Tru8tecs coiiiiliU¥ Its IfVlCW tlic orgotii8atlall'l Tcscfv¢5 policy whieh delailq how wJcryc¥ arc sct, olltlines wli&r purpose they ar piit lo Ind wliy Tl)c ehariry has moncy set isid¢. Thb policy identifies 4 relovaiit arcas foi. special expeiidittii'c, Marnely coi)iing¢n¢yi ¢osh flow. coiiservatloll Aiid comniitsiicni. Rcserves ni'e filiidcd by IhL ¢harity'S iocomc wheiher they oli¥ina￿ tlom ￿$Id￿lIs. fc¢s wliicli aiE reLeived both pi'lvn￿IY oiid Irom Ihe local authoi'ity, tbndimiginB, doi)olio1i￿1eg￿¢•e5 or 8raiit& nei of thc tosts of i?rovidin8 th¢ s¢rviceB foi. which tli¢ IrlBted income is earned. Tlie orgoni¥#tion produ¢¢s a busi11&ss con(inuity plan and risk 8ssessJncn4 & qilol'terly tasli flow and aniiu81 budge¢ or 4nilcipured cxpcildi￿ye. As & rosuI¢ of tl)¢ review of the activities of tlie organisation, I1￿ tiustecs ¢onsldei' tl)¢ Inogt 8PPiDpI'ia¢¢ Icv¢l of free rese￿￿$ Ith8( is fuTh(ts Mt tied up in fixcd assets, desi8nateA ai)d r¢glri¢t¢d funds) to be appK)ximatcly £500.OQU which is 6 Th)onihs of ¢xp¢ns¢s. Tlie funiLs which rem41D above aiid beyond our free r&8crves level will be used iii Pllrt througl)oui the Luinii)y years lo eiisure pgTdBs of efjuipineiil 7£ nd serviees in Hccordance with Ix)Ih Ihe Or￿T￿nISa11on's ¢Jpiial sp¢i)d siraleuy (for one.Dff Inlljur investtncnls or iinprov¢ments) and ¥ntsuAI In8inLenance expendilure (for our prowainine of sinall, on-goingy repair woi'kl. Any surplus lund$ (such a$ frotn iknc salc of ¥i8nifiunl assets) WILI bc kept in l)i8]i in￿r¢s[ &CLounis. eumins Gliw'ily significant Addiiional inconie unlil su¢h iiine a5 (11￿C furlds can bc PYL lo th¢ usc wide( community. THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORD (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Risk Managemcnt Tlie ￿re sec￿r is a liiyl) risk environmeni. with trusw smrf workiiig liard io ￿li117M1$C I'isk in 811 1¢$ forn)8. Oui. sLnioi' niÈnAbF¢ll)ciii review and assus dic oper8tionAI risks fatying U)c orbvÈnisAli(In pr$sible. Th¢ plan d¥wiIs Souiliejid. Wc IIAY¢ been exploring Ihe straiegic OPPT)rtunilics whi¢li could see di¢ chariiy ¢xpirtd it¥ oifei.iiib lo mor¢ ￿ljIhin * 1)055ibility of PLirLliasiJig anotlier care hume atso loukingi at otlicr ways wc can reLclI Out ¢0 vuli)LraL)l¢ CDnimuniii¢s wiiliiii SoutliLiid. W¢ liuvg unrivftllLd expertise WiLhin ili¥ od flooring Ihe dining aiEA. upgTrde our IT sysiein. li) addition 10 repnirs tsnd r¢iiov&tions w¢ plon io undcrtakc a of Si Marli115 to ¢Li&iirc thai IE will ¢ont>iiuB ¢0 providc a comforrthblc honie for our residei)t¥ far into the fu￿￿. TI￿stee5 ar¢ 0150 Co￿sIdering￿ oihci. wuys 10 odupt iht homc which involve Seeking to moke our energy consumoion m￿C sustainAbl¢ (e.& thiDu8h 901ui' panclingl. structu￿ governoncc 8Dd Thanag¢rn¢nt The cliirity is a Gomp0Dy liTh)ited by gutsronte4 governed by itt Memor01￿￿m 3nd Artic1¢8 of Association dutd 21 F¢bru&ry 2002 and aiMtftd¢d 8th Dceei•ber 2011. The liobiliiy of mwnbers ith Ihc cvcnt of the c(MllPaliy beiiig wound ￿P is liilli￿d to o .￿1￿ t￿t excc¢ding £10 eoch. Tl)e aS5¢13 of the original ¢hari¢y weie IranSfe￿¢d iiito the nJLnC of thÈ eharit-ble company in 2WS. The oribTriiial chfii'itys was foTnJcd in 1946, is u%ed for fuiidrai%ins* primarily focu￿ed oli exis¢in8 legacy aclivity. whi¢li Iii April 2012. two local clsari(ie& Si Mailins Rciidential Ltd 8Dd Mis8ioTr of Help, iiiergcd with Uic organisaiion. THK SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORD (CONTINUED) FOR THE YEAR EF4DED 31 MARCH 2024 Thc t￿￿te¢s, who also th¢ diitctots Cor the puiyose of coinpllny law, ¥nd who Mv¢d during thG y¢ar ond up to Ihc d8t¢ of signattiie of Lhe financial statements wur,. J W Ai)der8on A E Aiidrew8 J A Thtsncr GGO SPSmith J P Sixoothy P Roihwell OROW (Appoitt*d 7 Febrn￿y 2024) {Resi8n¢d 27 Aprtl 2023) (Resigned 10 Myy 2024) Atees ai% heavily Iiivolved iii nx)i)itorillB th¢ chprity's operation with res￿18r revh¢ws iiid fjjll bon1￿ iyoetings held every thi'ec months. Moiitllly visits to the care hthii¢ ait undcrtaken ttnd ttwwes review policies aid procedure$ dlli.lns ethcli visit. Bvery 4 week period, hvo tsii¥teeg are involved in approving expendiLure in ¢xcess of £l.000 artd tha coufttersigniiig of th¢se pAyin2nlS. FuTihermore, 2 ttus¢¢¢s are involved in ihe authorisaiioii of slaff sjlary payn)ents, ensuring that st8ff aie ¢onoctly paid for thc numbei. o(hours 8nd shift$ workcil. Tile Gharlty does not r¥muner8te its ttw¢¢es; all tswte¢J 8iv¢ th¢ir tim¢ and 8ki118 voluniarlly. Tliere Is a Uil¥t¢¢ Sullcli iii Deccmb¢r, Audltoy Fi'ai)¢is Jin)es & Portfte￿ LLP were appoinl¢d as AUdi￿r ￿ the conipny and a resoliitiott p￿pOsing thftt th¢y be Jt.oppoliited will be put at a Gen￿17 Meeting. The tnithes report wa6 approved by the B￿rd of Tn￿te¢s. J W And¢r8on 'ustee I l Dec¢mbcr 2024 THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED STATEMENT OFTRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The irusiees, who Lr¢ lllso the dire¢iots ol Tlie Souuicnd on Sea Darby & Jothn 0[￿VaniS111l0rt Limilcd for IIIL PUiPObC oc coinpany l&w. ale responsible foi" preparin¥ Ilic Trustces Rep¢)n und the findnciul uuicmcnts in ￿Col.danCe widi applicabl¢ law dnd Unitcd Kii)gdorn Accounlints S(undards (Un]￿d Kinb¥dDni G¢n¢Tally Ac£cp￿d A¢couiititis Prllcliee). Coiiipany l￿W rquires tlie fn)8t¢¢s to prqmre fin2nLial stot¢JneniÈ for eaL.li fiiillrKi31 year whiLh bTiV¢ a twe and fllir vicw uf the state of iffoirs of tlie Cliuriiy and of th¢ incoming resources application of resource% inclu(liiibT the inconic iiid exptndiÈurL. I'ilie cl)arl￿bjC ¢ompJny lor that year, li) preparing those finai)cial 5talemeiits, the tnL8tets aye Tequircd ro= select siiitable accounting polielei and Ihcn apply th¢m ¢￿￿ls￿ni1y. - obseN¢ ¢h¢ mtthod¥ and pi'ifft¢ipleq iii th¢ Cliarities SORP. - Imake judgements #nd eslimatcs th#t air rcason8ble and prud¢nf and pr#p2JL the fittan¢ial sthtcrnents on thL goin&1 cvnc¢m b85is il is inoppropri&te io thar ihe clidriiy will coiiiil)U¥ irt OPCTatiort. Tli¢ Iruyiees Tesponsibl¢ for keeping adwuale a￿Unlin$ r4¢ords thai diK105e with r¢asonabl¥ a¥¢urnLy OL Hiiy (iitte 11 rinlln¥ial position of the Lliorily at]d enable then) lo ensure thai ihe finantyial staleii￿nls LOLnply w>th Ilie CoinpAI)ies ALt 20U6. Tli¥y also responsible foi. ¥af¢yuardiiig t￿. 0ts5Cts charily Eliid hence for &kiny i￿$0114b1tt &Leps for IhL pi'¥v¢ntion an<1 d¢*¢tioii of Imud lliid other ini¥ularilics. THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED INDEPENDENT AUDITOR'S REPORT TO THEI TRUSTEES OFTHE soirrHEND ON SEA DARBY & JOAN ORGANISATION LIMITEI D Opliilon Wc Iiav¢ audifcd ti)e fis)Èncilll slaleineTrts of Th¢ Soudiend on SLY DJTby & Joan Organisatiui LimiL¢d Ithc '¢liai'ity') for Ihe year ended 31 MaiEh 2024 whicl) Goniprise thc siatcm¢nt of finaThLial a¥liVLtic4, the balanie slieet. tlie stawinci)t of L&%h flows and Iiotes to tlie fiii8n¢ial ¥iatL'Eth¢nts. i1￿]￿dI1]g xignifi¢ant aL¢ounliiig policies. The fioanLial ￿￿)01*111g fraimewoi'k tliit lia% beeii appliecl in dieir prepdralion is #pplicable law and Utiiicd Kingdom A¢￿￿ALl1)L Stsndards, iii¢luding fiiiurtcial Ilepoi'liiig Sialldor(I la2 The Fiiinjicial RL'ptsi'liitrg Siftiidord opJ)licablc in ihe UK Republic of Jivland {UrtiLed Kiiigdoiy Qei)¢rolly AccepiedA¢cOuniii￿ Prnrti¢¢). In our opiiiion. t1￿ fiii•iicial ltstcmcnts: givc a tru¢ aiio fair vithv of tli* stale of I1￿ LI￿rItablE cornpan*¥ atTairs ai ai 31 MaTtsli 2U24 ￿ld of its iiiLoii)iNg I'LsourL'es appliL'ation of r¥8ouirLs. for tlie yur then ¢nded: 118v¢ ￿en prtspefly pitpArcd in aLcor&111ee with Uni*d Kiiigdoiii Gciietally A￿epted Aecountiiig Prnctiee; and I￿ve be¢n prepared in acc￿￿￿¢t with the wuirui)cnts of ihc C￿npanIeS A¢% 2006. Ba¥1& foi. opinlo We condiLCted our aiidit in o¢¢ordancc witl) Internotional Standa￿$ on Atylliiiig (UK) (ISAS (UK)) appliuble law. Oiii. r¢sponsibilities under tl)o¥¢ siai)(laLJ4s furiliei. (Ses¢ri￿d ip the Audiliii's Itsiwiisiblllftex f()i' Ilig uiidll of illtt.rin￿IiC1iisidcird niater¢o1 it, ii)dividiially or iii the ag￿r£￿TraI¢, thcy wuld r¢uonobly be cxp¢¢*4 ￿ iiifliwi¢¢ tho ￿￿1101171C d¢ci$ions of users takeii OD bgsis of tho8¢ Tli¢ extent to which OUT prnce(Lurcs 8r¢ capable of d¢thetinbP Irr¢gu14rilics. includiiw fraud, is dctailcd below. W¢ idenlified #rems of luws Aiid rcgultsiinns iliai cuuld i*#son8bly be ¢xpc¢l¢(I w Iiavc ¥ inutcrial cffceL on ihL linan¢iil slJtcnicnt% Iruni our bicn¢ral eoinmerciol and scclor ¢xp¢ricnce' Ihrou&rli verbal and wiiiieii ¢oinrnur5i¢aiion3 willi il)()s¢ ¢li#i'b*td willi ￿0Ve1'no17¢c 2nd oihcr maiiogeiiienr; thIDugl) cornfftiinication5 with Icyal c￿l￿Se1, nnd via Inspcccio¢i of 11)¢ cl)oi'itoble ¢ompan￿8 rcgultLtoiy aiid legftl correspondertcc. Wc di$¢u$ged with those charged willi govemwi¢¢ ind oih¢r Im81￿￿ement th¢ policie5 and proccdures itgardii)g complillncc with lawg ond regulL(ions. We communicated idenlified laws ond lE8￿1&110￿3 to ollr Icam #nd rcmaincd Alert io Any Indiclliors ol. noi).coiiJpli01)te IhiDugliout the audit, w¢ al$0 specifically coi?SLd¢red whcie tsLiiI h)w fraud niay occui. wiihiii Ihe charithble compaiiy. Tl)e potenti41 effe¢t of tl)e5¢ l¥w¥ &rtd Jrgulotionx tsii tl)e finun¢i31 stswncnts vai'ie¥ considerably. FitTily, the charitablc ¢ompAny is sllbje￿ to laws artd regulations that di￿¢¢1Y 2ffcci Ihc fjnanclal .Iiatemctns. in¢luding'. the chariidbl¢ comp8ng5 con8ti¢ucion: r¢lcvanl finan¢ial rcportittg standar(Is: Ilic coinpany IAW: Ihc Statcmcni of ReLoixinend¢d Practice applic8bl¢ to chariti&s preparing Iheir aLcounis in accor¢l411¥¢ iviili FRS 102 leffecrive froi)I l J*nu&ry 2019): and we gssess the ex[￿1 of coinplian¢e wilh (hc5e laws ond re8ulalions parL ¢)r our piDccdures on tlie r¢ldÉcd fiiwnLial 81Aieii)enl iiems. S￿ondIY tlie charit3t*lc coii)pany is Subje￿ to many oth¥r IAWS aiml rcgulations w11￿¢ tlic eonsequ¥Jc&¥ of Moii-coi)Ip1iai)￿. Lould havb a mai¥ri05 ¢ffeci on lh¥ ¥mounlS or disclosurcs in finanLial s￿r¢In¢ll￿, for insMii¢e Llirougli Ihc iiiiposiii(Jii of riiics &iid p¢nul¢ies, or throu81i los%$ arising fiY)si1 liLiytion$. W¢ idcnrified the fnllowinbtr areas us LIKk8e moqt likely Lo IiuvL SLi¢h an llffcci.. legislation dir¢¢ily 8pi)licllble io chariii¢s secior such 0$ ihe Cliill'ilies Aci 2011, 01)¥tstinu 51cci)V￿ rcyordinb L*re' empluyn)cni I¢￿Ti$l￿tIon. I￿81t1) And s&fely legislation. the rebiulJJu)ry rquircmcnL% of the Charity Ci?mmis%ion; lax IcEi.%lation paiticulii'ly ii) rclation (o gift aid; UK-GDPR., &iiti-bribery and corruplion legislatloil. and ih¢ c&rc quality coiiimLS&LOn. Interiiationol AuditlL)g Standards (UK) liniit tli¢ r¢quir¢d pro¢￿ule5 to idcsillfy noii-COiTwliai)co with tlicse laws aiid T¥gulaiioiis to the PT()¢edurcs, ai?d i)0 procedur￿ over ond dbovL I1￿se already noknd rcquired. Th&8c limited procedures did iiot identify any aciuAI or suspcGted iion•compliaiice wilh laws a￿1 r¢BlllLtlOllS thal could Imvc a i)iateriÉl impact 011 ihe fInancial sMteni¢nts, THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE SOUTHEND ON SEI A DARBY & JOAN ORGANISATION LIMITED In Y¢laiiun to fraud, we performed ilK rtillowinbT %pccifib pl￿￿d[ir¢S in oddition w those already nuicd- Clidllcnginbj ￿li1]ipli01)S made i)y Inanagemeiii in its significoiil &CCOLiniinUk e81iinatcs in purliculai.: depTo¢iaison' Idcntifyiiig and testing jouynal entries, in p811icular Any enirics p0￿ed with UliUAual nomiiial Icducr aceouni ¢ombination5, jOLirnal enlri¢4 ptKs*d by senior Inena8¢iMent. joumal entrtes CI￿lting cash oi. any veveiiue nccount aiid IArso ycor ciid jouiTrals; PerforniinB nnolyli¢ul proc¢th￿S ￿ identify unexpe¢teil m0venien￿ in accownL balances which mThy be indicative or Ensui'ing that tCSlinbT undertaken on both the Statun¢iit of FinaneinS Activity (SOFA) aiid the BulaTh¢¢ Slic¢i iii¢lLid¢s iiumbcr ofilen)s s¢l¢¢led oil a iandoii) basis. T11¢5c piuccdur¢5 did not idcntify #ny aettjal Si￿pe¢red fTuudulent inrgulority tliai could I￿ve a ￿￿[Cri￿1 impuct on th¢ firtaiicial siaienieiit& Owin¥ w th¢ iiiheT¢iii liiniiaiioii$ of oil audii, there is an U￿Yo1dable risk thai we mtty Iioi Imve deLec(ed 8L¥ine I￿leriaL mi5$1u(Em¢nl¥ ILI fiiiatiCiSLI slmlcEnents, ¢vu? Ihou¥h we havc prop¢rly pluiined and peL"foni)ed our audii iii accoid)Iic¢ wilh Intcrnulion41 Audiring Sihndxi*s (UK). for exDmplc. the fiirthcr r¢moved nonpcoiiipliartee widi laws und ￿￿UlatIo1￿￿ is froin Ilie cvcnis and Irons&ciions refl¢clcd in finaneilll sim￿ments. th¢ Ic4s likcly I1￿ pluc￿llre$ ili¥t wc are ie4Lltrcd LU Iltidci'illkc would identify LL In tsddiiion, as willi &ny audil. ren)ains a hi&ili risk of iion-detcclion of iii'¥&rulurities, as Ilitse miglil involve Lollu%iDn. r(>rbiLry. inienlioi)fil oinissiun.%, mi$represcnta¢i(bn, OT ¢lic override of iniemal Lunlrols. W¢ •rc ii()t rcspunFiblL for preventinsF non.uiinpliJnLe wilh Inws Dnd reguloiions ur fmi(L and eminot bc expeLted lo detQLi non-voi￿pIl￿nce WiLlI Nll lh¢ IAWS aiid I'¢sullltions or every ineidcftec of fraud. A tsrthcr de%eripiioi) of our i'csponsibiliiics is avu>l*bl¢ on lh¢ FiiiaTrici81 Rcpodiii8 CounLil'$ web5ile at-. https.'Ilwww.frc.ory.ukl auditors1￿5pO￿Sibl1[[l￿. This description forms part L>f i)ur audiiorfs r¢poTL Use ofour report Tl)is reporL mh41e $olely to die eharily'¥ Lrnsl¢es. as a body. in a¢enrdance with puri 4 of ilie Charitiks (A¥6oui)1$ aL)d R¥iyoTl$) Reguldlions ?008, Our audit work has b¢¢N undcr(akcn $0 ihat we mi&ilii sts)tc ￿ ihc clioi'ily's Irusiv¥s iliosc maller$ nrc Jtquired io s18ts 10 lhein in on audi￿￿¥ repoii aiid for iio oilier piio)oqc. To tli¢ fullui exieni permitted by IDW, w¢ do Iioi n¢cept or Jsyume rnspoJ15ibilily ro aDyon¢ o¢li¢r thali (h¢ charity and thc chariry's inJst¢C5 is o body, tor oui. ¥udii work, foi. tl)is I'¢por¢. or IiJT Ihe opinions we l)ave fom)ed. Pjyl I An ior SIH(utory Audltor) (oi. #nd OD b¢lJalf of Fr4nc15 JirnoJ & Partners LLP 20 DeLemb¢r 2024 Ch9rter¢d A¢Eount#nlS Statutory Audltor 138(i ￿n￿ON Road Lciuh oil SL'a Essex Eiiglaiid SS9 2UJ Franci$ JBines & PartncTS LLP rs olikiible for appninli￿nI as auditor of ihc cliariiy l)y virLu¢ of its elib¥ib¥liiy f￿, oppoinll)ieiil as auditor ufa Eumpany und¢T section 1212 of the CompAnies ALI 2006. r4 x" THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets TaL)8Lble a88e¢s 13 862.258 846,964 Curr¢nt ts$sets Debtor$ Cash at bank And in hand 14 15,413 2.340.880 31,062 2J70,978 2,356293 2.402,040 Credltors: Amounts fAlllng due wllhln on¢ yeLr 15 (98.479) {79,878) Net eurrent Assets 2,257,814 2,322,162 Thtsi aJ$¢t$ less eurrellt Il&blllt1¢9 3,120,072 3.169,126 The funds ofthe chAtlly ResiTi¢ted income ￿lld$ Uiirc5tYi¢ted thnd8 X8 19 31.471 3,088.601 41,201 3,127,925 3,120.072 3.169.126 Th¢ coiiipany is ¢J)tiiled io lh¢ ex￿￿p(lO￿ froLI) the audit requiremeni ￿ntaIned Jection 477 of the Cijfftpanies Act 2006, for the year ended 31 ma￿]} 2024, although audit hos bcen Ca￿led out undér section 144 of tli¥ CIIoL'ities Act 2011. Th¢ dIL￿ctorS acknowledg¢ tli¢ir irsponsibiliiies for complying wtth ihe ￿qUU￿ments of the Colnpanies Act 2006 wilh I￿￿1)¢¢1 to 8c¢ountinB records 8nd ¢lie preparation of financial sthtements. Tl)e in￿nb￿At liave i)01 iequii'ed th¢ eompBny EO obtain art Riidi¢ of its financial slal¢muits uiid¢r tlie trquii¢in¢o(s of tl)e ConJpani¢s Act 2006, for (he yeAr in questlDn in occoithncc with section 476. These financial ststemenrs hav¢ b¢¢n ￿TPared in accordance with the provi8ion$ &pplirAbl¢ to Com￿nieS 8ubjeot to th¢ 5mAII compRni¢% r¢8ime. The financi41 slwtFmzn￿ ￿re ApwoY¢d by th¢ tsu#tts oll 11 De￿nE￿2024 J %VAnd¢rson Colnpany r¢8iSti¥tiO¥J number 04378S21 (Eng18nd and WaL¢s1 12- THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED sTATEmEr￿ OF CASH FLOWS FOR THE YEAR EIYDED 31 MARCH 2024 2024 2023 Notes Co8h nows from opergtlng *edvltlos Cil sh ￿enerated frornl(absnrbcd by) opu'alions 34,976 (31.OS5) Invesdng acllvltic5 Piir¢lia%e of ￿nsIble fixed as¥i¢¥ ProLeeds frorn disi)osal of tsn8ibk fixed osse (65,074) 1,225.0()O N¢t ca$li (used Inygtnerfited from lThve$tlTr# *¢tlvitios (65.074) 1,213,17J( Net casli Msed financlng Aettvlt5¢4 Nel {d¢cYeJs¢)Ilnereasc In cash and ¢a$h equivalenls {30.098) 1,182,124 C'ash Ind ¢asli ¢quivlllcnls ai beginnin8 of year 2.370,978 1,18B,854 Casli ¥nd cwh equlvaleiits at t￿d ofye¥r 2.34U.880 2,37U,978 13- THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢Lountlng policlei Charity InformxliD Th¢ Stsuili¢nd on Seg Darby & Joan Organi5AiiOfL Limi1￿ is a wival¢ Lom￿nY lijniied by guai?nl¢# iliLorp¢)ral￿￿ ii) EThglfftnd Liid Walcs. Tl)c r¢8islcrcd ofi¢# Is St M•rtins. 59 Imp¢rial Avbrtuq WestLliff Oil SLa, E58LX. SSO SNQ. Fnglniid. 1.1 AcCo￿ntIng conventlo Tlie fLnan¢ial 51alcinents ljave been pRpared in au01￿aliLe with Ihc ¢haTi(y's [uoverniiig doLum¢nt]. the Coinpaiiitt% Acl 2006. Fks 102 "Tlie Fina￿¢141 Reporting Stsndard ¥pplicJbl¢ in (he UK and RepublLL of ir¢lund" {"FRS 102") and Il)c ChllriLi¢s SOR￿ 'AccounliDg 8Dd Reporting by Cllariiies.. StaiemdD( of R¢Lomii)¢nde¢J Prac(ice applicabl¢ Iu Lliii'ilits pr6parin& t]￿.1r *LLouAls in aLLLTrrdlln￿ wilh il)L FinAnLi41 R¢P￿rting Siandard AppIiLabl¢ in Ili# UK 81)d RLpubliL Lbf Ir¥land IFRS 1021" lerreLliv¢ l Janu£￿ 2019). T1￿ Llthrity 15 8 Public BinefLI &iiiiy definLd by FRS 102. The fiiiunLidl staltrtienis Air pitparcd ID StÈrlbll& whieh is th¢ fijnetional cU￿¢Y of tli¢ charity. Moiietsry attlountg iii Ih¢se finantial stateinenL¢ Are rounded to ncarcsi £. T1￿ finlftelal slaiemLrtts have been prciilred un(k.r ili¥ l)isiorieal ¢ost eonv¢oliun, lJnodifLcd ic+ include Il)I r¥valua¢ion of freehold prop¥riies and lo snclud¢ inv¢sirn¢EiI prop¢rtl¢S 81)d Lerlain final￿1￿1 inkirniiienlA Ai fair vAluel. Tl)e i>rii?6ipal QLcoun¢ing poliLies &dopted Pre geL oui b¢l¢)w. l.2 Cytslng CODcerll At (lic ¢ime of #ppruving th¢ fiithncial SlAiemeni$. tl)e ITU￿¢¢$ liave o reasonabltt expcciation rliat lh¢ cliariiy lios &dcquiic rL'sour¢e$ tu kontinue in op¢ralional cxislcnce for th¢ for￿L¢ab]L fu[u￿. Thus th¥ trustees conlinu¢ lo Bdopi thL gL¥ing conLem bagis of accoun¢irtB in prep8ring Ille financihl Statements. 1.3 CttllrltoblL, fund$ Uiir¢$trici¢d fuiids air avwi18blc for tst the discrciion of th¢ (ni1￿¢$ in furd?eTartcc ot their chiritable objc¢iivcs. Deslgnaled Aii)ds ¢ompriqe filnds which have bctn set )iide ai thc discr¢¢ion of the truytCC5 for spctifie piirpAx¢y. Tl)G piirpose¥ and use$ of the dcsi8llUtcJ funds Lr¢ se( out in lh¢ iiotcs to the financial sthwiicnts. Restricted fviids subjeci w spceific eondi¢ions hy donorn or 8ltlit0￿ w to how they nthy be ￿$cd. ThL' puiposcs and US￿ of th¢ rcsti'i¢ted fiinds or¢ sci out in thc li0￿$ io th¢ financial s(Otemenls. 1.4 Incom¢ Incom¢ 1$ recoBtiiged when Ihe ch¥rily is lebwally enliil¢d LO il #fw any per[onnan￿ co1￿1[lon5 l)ave beeii In¢l, Ihe xinouiits Gan be Ineasured reliably, il IS pi'obxblc Ihat irteome will be r¢c¢ived. C8$h donations are rt¢ogiii5wi on r¢¢#ipl. Oilw donalion5 arL rwnis¢d th¢ ¥harity h85 been no(ified of Il>g donation, iinlegs peiforin2nce ￿nditI¢mis require defe￿1 ol lh¢ 4inounL IDcom¢ lax r¥Lov¥rabl# vLlaitoii to d¢)LialiL))1S rbL'Liveil und¢i' Gift Aid OT d¢eds of coyei)ai1l 15 r¢cogniscd at thc time oftli¢ donoiion. LcgJ¢itts arL' rccowiis¢d on rcrxipl or oihcrwis¢ if (Jic charily has bccn noiified of£n iinpen¢Jing (lisiributioi). Ilic aiiioutsl is known, and I'¢¢cipl is cxpcckd. Ifilic an)ouiii is rtot known, IIK lcycy is Ir¢&(cd d5 J Lvnlinuen( #ssel. 14- THE SOUTHEND ON SEA DAIIBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2024 Ac£ount1￿￿ pollcies ICDntlnued) .S Expcndltuit Expenditui'e ig tt¢ogniGed once there is a legal or constiiictivc obliEation to ir8itsf¢r ¢¢onoii)ic bcnefit to d Iliii'd pai'ty, il IS pIDbablc il)llr a llYLnxfei' of ecoiiomic benefits will bc rcquir¢d in s¢ttl¢meiiL and thc amount of tlie oblillaiioii ¢01) bo measured reliably. Ex'pendiDJre is t1￿$r1ed by xtLVl¢y. Tl)c c¢Jsts of e2¢h 8clivity are mftdc up of thc iolal ot dir¥ot ￿51S and sl)ared tiost5. in¥liiding support costs involved in u¢￿ertAkI1lg cach 4ciivily. D1￿cl LO$ts aiiributable tu a single o¢tivity aK alloLaled directly l() thai aciivily. Shai'¢41 wl)i¢h Lonlribuis ￿ more thart 01)¢ a¢Livily drtd suppo1% Losls wl)icli al'e not &iiribuiable to # $ing]e a¢liviry are APPOrtione41 belw¢en thos¢ ncliviries on tt basis consislenl wi(li I1￿ of reb0urc￿. L¥nlral Losts ar¢ ill¢a￿d on th¢ Ix*sis of (line spent, and dem'iaiioD LhDrgeA are &llocRLed OL) Ili¢ portion of tl)tt asget'$ u￿. 1.6 Tgnglblc fixed asscts T&n8ible fixed ait iiiiti#lly m¢4sured al cost ttnd sub5¢qU¢ntly mCQSUTed at ¢os¢ or Yuluution. nel of dcpr¢ciolioii and uny inlpaimienl low. D¢prc¢iolion i¥ Y¢eognised so fys to writs off lh¢ ¢051 ￿ valuition of a8s¢¢s le￿ their I'¢sidulll vntues over iheii. ug¢th1 livcs on (h¥ followiii&i b03tb'. Frcchold land aiid biiildlngs Plant and equipnienL Fixtures and filtiiigs SU y¢ars sirnight line 5 years 5(rYi￿}[ lin¢ 3 y¢&rs straiglit line 115% 51r8ight liiie Th¢ 8Jin OY io$$ irising on tho disposal of 411 a$set is determined as thc difftrciiee b¢tweei) thL stsle procccds gnd the c£irryIn￿ v¥lue of Ihe o¥scL und i¥ recognis¢d in the stsicm¢nt or riiunciul ￿tivIties. The Col￿panY kn adopted ) policy of coiilinuolly upgrnding and developing iu frecliold, thi￿ muliiiuSiiin8 a I'¢$idiiuI value in exeess to th¢ ¢osi of the fyeehold propcL1iC8. TherefoiA no depr¢ciutlon is provided in r¢sp¢¢i of freehold pyopcrry. 1,7 Imp#irmont of Ilxed asse¢$ Ai ¢o¢h reptsriing cnd d914 IIIL cliari(y rLViCWS ihL ¢anying oinounts of its thngiblc oss¢(s ts dw#iininc wlicili¥r LIIL•rtt is Bny i114Sicaiioii ihJL Uios¢ ¥ssets have su(fcTcd dli impaiTIIILIIL Ios5. If tti)y such indic#iioii ¢xi$i%, Ihb rLLMivci'abl¥ JrnQLlllt of tli¢ *¥sLL 1$ rstimJled in Trrder to d¢L¢nninc ilje cxt¢ni oftlie impairm¢nL losg (if inyj. 1.8 Casli and cash equlyilenls Casli and ¢thsli equiv8l¢LILS iiicludc in haiid. d¢posits Iicld J¢ call with bAi)ks, oth¢i' 8hoit-t¢rm liquid iiiv¢$tJncii18 will) Or1￿1n￿l maiuriiies L>f ihrL'O tnontlis or1¢5& and bank ovcrdr4fts. Bunk ovrrdiYft5 tsrc $l)own withirt boii.0win￿S in euri'enl 1.9 Flnlnctol Instrurnents The chariry h&s elccied to apply the provision5 of S¢dion I I '8￿1G Financiul I118m￿l￿1[s, eiid Scetion 12 '0thLr Finrlncilll InstNrnents1ssues' ofFRS 102 to all of its finarKial instNinciits. FinanLial ins(rumentS ILTe reLoBni¥ed in ¢h¢ ¢liarit￿$ balancc sheel wlien tIK thii¢y ￿￿rnes puity to Ihe Lontl'abtual psovision5 of tl)e insiivmenL Financial assets aiid liabililics are offse4 willi ihe Jjei amouiils pr¢s¢nkd iii Ih¢ fuiAtt¢i#l stalejnciits. Ivk¢i) there is a I¢￿811Y enforceablc ri&ht ￿ sel oifih¢ r¢co¥ni5ed amounLs and there 1% an in*niion to settle on a ftel bdsis or lo rcalise Ili¢ #lid settl¢ Ilie liabili(y simultarte¢iusly. 15- THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounti￿g pollcles (Conttnued) B&slcf114dlltlal ttssels Basic finoiici&l assets, which iiKlud¢ d¢biors aiid ¢ll$h oiid bank balancts, inytihlly Ln¢a¥ur¢d at Iraiisactioii yi'ice includiii&i trznsaction costs and are £ubs4uc#tly eaThicd at Amortis¢d ¢osi ￿Ing the effective iiiteitst method unleb5 thc o1'iunbYeinent constitute5 & financin¥ transaction, where the transttction is Iiiea5ur¢d at the p￿¥ent VSLlue of the fuiuiL' Irceipt$ discouiited at a market Izl¢ of intelf5L Fin)n¢ial W¢L8 classified receivable within on¢ y¢ar are not am011ise(L B4T¥l¢J711¢7Ncialllablllu¢& BasTC fLnBntiLI li2bilLlies. ineludiiig creditois fynd bank loans initially iEcognis¢d #t ttnTh$ncrion pi'ic¢ unlcss th¢ anii)gemciii constitu￿￿. a fiiiaii¢iiig rratts#¢liort, whtre the debt Instr￿￿£￿1 is iiietssurLd At tlie PTes¢i)t tue of Ilic fuiui'c poymen¢& discounTed at a market rltte of inter¢s1. Financial liabilities cla$$ified ali payable within onc yeir llre not amortised. Debt i11s¢run)¢i*s are sub8equ¢iitly tsrried at amortiwl cosi, using lh¢ ¢ff¢¢iivc irtreiist rnt¢ med)¢J(L Tra(k ¢￿ditOrS are obligotions to pay for good5 Dr servi¢es tliat I￿ve been acquired in Lhe ordinary LOUTse of op¢iitioJ)s rtoin suppliers. Amounts PRy¥Lblt Hre clButfic(l as Lurrcni liBbilili¢8 ifpayinenl is du¢ wiiliin one year or less. If no¢, tl)tty ure pr￿ttnI¢￿ 95 IWli.Lwrreni liabilities. TTud¢ ¥f¢Llilors are NLogniseJ inilially JI transaction priLe aiid $Libsequenily In¢asurLd a¢ amortised w¥t U8lll8 I1￿ ¢fr￿liv¢ ini¢rc41 Incti)￿. Financial likbiliii¢s 8re d¢rKognis¢d wbl￿ ihe charily's ¢ontraciu81 oblig&tion% Èxpir¢ or arL discliurwl or 6￿¢¢12¥d. l.l(l Emplfiyee b¢n¢flts Tlie cost of iny unused lioliday eniitlerncnt 18 r¢¢ognis¢d iii the period in which the eniploy¢e'8 seiviees arc reLeivcd. Terminaiion benefiLi are recogni8¢d iinmediately as tsn expense WI￿￿ tiK ¢li#riry is d2moii%trably conimiltcd 10 ¢iiniiiotc th¢ ¢mployment of emptoyc¢ or 10 provide iemiinalion buKfilS. 1.1 l Retlrement bencfiti Payments 10 defiiKd contribution ffiiran¢nt bencfit sch¢nKs •r¢ charged os an ¢xp¢n$c al they fall du¢, Crlil¢ol ac¢ountlng es¢lmaies And judgements In th¢ upplieaiioii of the ¢harity'$ aecoutliing policies. th¢ tNste&4 arc requiTcd 10 mAkc judgemeTht$, ¢stil￿￿te8 lli)d Assumptioiis about the canying ainounl of fys$¢t5 Jnd liabilities Ihni not It&dily upparent fi'oni other ¥oiir¢es. Th¢ estimat¢S 11 nd associated assumptioiis Aw based on lii%rorieal e%￿rienCe And otl)er facto￿ that are conyidel'od ￿ be IEl¢vant. A¢￿11 resul(s may diffo. from these esiirnaw. Tlio estimates and iind¢rlyinG a5SllLmptlON reviewed on on ongoing basig. Rcvisions to aceouniing csiin)8L¢S yre reco8nis¢d in thc p¢iiod in wliich ¢siim¥i¢ 1$ revise(I wliett tlie rcvi%ion #fY¢¢is oiily that pcriod. or in tlic pci'iod or th¢ revision aiid £uWre perityi$ where the rcvision affects boih cuttenl 8nd fuluLE pÈriods. Incoine frnm donntlnTL% aJLd legacles Unre$lritled ResÈrieled funds 2V24 Total Unrestricted Rcstrlcted fMrsd5 rund$ 21123 2023 Totsl 2024 2024 2023 Doi)a¢ion8 and gifts tiyanL 5.653 5.653 16J42 16,342 3,OOU 3.000 5.653 5.653 16,342 3.UUO 151,342 16- THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ineome fyom donotlons gnd l¢oi¢les (CrJntlnuLYl) IncomL from ¢liAritablt attlvlties Uni'estri¢t¢d fuiids 2024 UnrL15trlct¢d funds 2023 Resldents feL$ Rcsidcnts fexs Sundiy ii)come ,018.459 971.827 ,097 Servlces to residen¢$ SeJvicc¥ 10 residcrtts 4.735 5,85g 1.076.683 985,782 Otlier Income Unrcstrlered Unrcsti'lctod fund$ rundb 2021 2023 N¢t 8ain on dispo941 of tsngible fix￿ osset$ 647,lJU 17- THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditurc on rh21'lt#ble acllvitles GoverttgllCL L05ts 2024 CDvern#nce L'llsts 2023 Dirett eosts Siaff Los Dcprxi*tion and impairmeot Ca¢ering eApen5C% Insurnnc¢ R¢biistfLtion fe FrinLin¥. pos￿￿4 siation¥ry And odv¢rii8lllg Suiidry exp¢iises 841,433 48,229 5¥.640 14,221 5,105 2,790 6,174 40,290 3,806 6,813 239 15,843 44,561 872 78 4,733 743,542 3S.424 52.5S I 13,841 6,9?4 1.718 19,254 39,826 5,335 6.Ci95 2A4 15,346 43,101 844 6U 5,8S8 T¢lLphon¥ Ratc5 Go1th11 CleaninL7 co¥lS Maintenanec Bank ch#rgos DBS ¢l)ar8CS Otlier di8riiubl¢ 1,093,829 990,603 Share ofsupport ¥nd govern¥nce costs {s¢t note 7) Goveman4¢ 36,010 1.129,839 1.031,869 Analys1$ by fund Ui)rcsiri¢(cd ￿ndS Endowineiit fuiids- deSi￿la￿d R&¢trickd fuiids 1.120,109 999,44S 25.694 12,730 9.730 1.129,8.39 .037,86Y SuppDrt cost5 allocated to 4¢tivitles Governan¢e costs 2024 Total 2023 Goiiernuncc 36,010 47,266 18- THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2024 Support eosts #llocated to activili¢s (Continued) 2024 2123 CoverTranc¢ ¢ost8 cttrniprlse: PIK)fessional fc¢s Auditnrs reniuii¢r41ion 21,610 14,400 36,450 10.816 36.010 47,266 Net movcm¥nt in T￿ndS 2024 212.1 Ic nor ii)ovemei)( in funds is ¥¢al￿ aftcr cliaiEi1181(crtdilingl: D¢pre¢ia¢ion ¢)f owned ian8ible flxed ass¢L8 L0561(profii) on dispo.¥il ofiarbgible fixed 48.2291 35,424 1640.276) TruslL None of tlie trust￿ lor any pcrnons Connect￿ with them) r¢¢¢ived ony rem￿li¢￿tiOn or ben¢fits fron) th¢ ¢liai'ity during thc year. How¢v¢r ¢xp¢nses paid on behalf ol-trustees dtsriiig IIK year lotr41¢d £1.099 (2023 - £2,024) for expe1￿$. 10 Ei mploy¢Ls Tlle average IiiOL)thly nun)b¢r of ¢mployccs during the year was: 21124 Nuinbei. 2023 Nuinber Carc 5ervi¢es MRilltenttn¢e A23: TaiiLTibl# ¥Jssei¥ Curi'cnl as9c1￿(lIabilil1￿1) 805,7CI3 2,322,162 41,201 846,9C)4 2,322,162 3.127.925 41.201 3,169.126 21 RI.11t￿l par¢y trirtssictlons Th¢rt no dis¢losabl¢ related party Li•nsDctions durinÉ the y¢nr (2023- nonc). 22 SubJldl8rlcs Tl)e elinriwble eompony lias A wholly owned subsid¢Ary called T7￿ Mislion of Help with tlic Oli￿ Of providijibi ¢lioi'itabl¢ 4visiance ro th¢ poor Jnd needy. The Mi¥sion of Flelp is donnaiit And thot had hry siKnifJ¢&iit a¢counting trnitsnciions duriiis thc a¢ctsuiiting p¢riod. No v8lue h¢15 bc¢n atti'ibut¢d lo tliis subsidirtry undth'takinbt in ili¢ accourtrs. 23 Cthsh g¢n¢rAted from op¢rAtlons 2024 2023 (D¢fiGitysurpus foi. the yeTrr (49,034) 607,531 Adjusin)en15 for.. Lossllsuinl oii disposAI of l#n8ible fixed assets D¢pre¢ialion ajid iinpairmeiit ofthftgible fixeil ￿5s￿l5 1640.276) 35,424 48,229 MoveineiiL% irt Woi'kin¥ c&pital-. Dcci'eoscl{incre&se) in debtors In¥re&￿1(dCc1ea$e) li) ¢r¢ditOTS Incrtasc in defcrrcd i￿Orne 15,649 19,527) {49,228J 25,a21 1.149 C#sh geReroted froml(absoi*od by) oper#lioDS (31,055) THE SOUTHEND ON SEA DARBY & JOAN ORGANISATION LIMITED NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 24 Analysts of In n¢t funds TliE ¢huriiy had no rnaieriaj debi durin8 ih¢ ycar. -24-