The Daneford Trust
(A Company Limitcd by Cjudrantcc)
Company No. 4329952
Charity No. 1094607
Report and Flnanclal Statements
For the year ended
31 December 2023

The Daneford Trust Trustees. and Annual Report
For the year ended 31 December 2023
Contents
Contents:
Page:
Reference and Admlnlstratlve Inforniation
Trustees. Annual Report
34
Independent Audltorn. Report
statement of Flnanclal Actlvltles
(incorporating an income and expenditure account) Balance Sheet
Balance Sheet
Notes to the Flnanclal Statements
10-16

The Daneford Trust Trustees. and Annual Report
For the year ended 31 December 2023
Trustees:
Ayodele Bandele
Wendy Bisiker
Henry Chin (c￿0pled 31.05.2023)
Edward Clayton
Akilah Higgins
James Robinson
Mike Wardle
Company Secretary:
Anthony Stevens
Company number:
04329952
Charity number:
1094607
Registered office:
St Margaret's House
21 Old Ford Road
London E2 9PL.
Independent examiner:
Goldwins Limited
75 Maygrove Road
West Hampstead
London NW6 2EG
oldwins.co.uk
Bankers:
The Co-operative Bank
Olympic House
6 Olympic Court
Salford M6 2QP.

The Daneford Trust Trustees. and Annual Report
For the year ended 31 December 2023
The Trustees. who are also directors under company law, present their report and financial
statements for the year ended 31 December 2023. The Trustees confirm that the financial
statements of the charity comply with current statutory requirements, the memorandum and
articles of association and the Statement of Recommended Practice
Accounting and
Reporting by Charities: SORP applicable to charities preparing their accounts in accordance
with FRS 102.
Objectives and Activities Charitable Alms
The Daneford Trust is a company limited by guarantee and a registered charity with the
charitable objects of giving young people. locally and from abroad, the opportunity to
experience life in a different culture and their developrnent of international understanding.
During the reporting period the trustees have considered section 17 of the Charities Act 2011
and Charity Commission guidance on public benefit. We have sought to ensure that the charity
is fulfilling its charitable purpose to benefit the public by outreach to young people in London
and visits by trustees to several of our partners overseas. Grant making Daneford Trust
awards grants to groups and individuals from London taking part in projects with our partners
in South Asia, Africa and the Caribbean. We also award grants to young people from our
partner organisations who visit the UK.
This year we awarded grants to two community group exchange projects with partners in
Namibia and Uganda and two individual volunteers who went to Ghana and St Vincent and
the Grenadines. Trustees supported field visits made to St Vincent and the Grenadines by
Mica Duncan, Outreach Worker and by James Robinson. trustee to Botswana. The core of
both these visits was to strengthen the Trust's partnership in both countries (post Covid).
Staff and Volunteers
The Trustees continue to take on various roles to maintain the organisation's work. The
Trustees continue to support the two part-time staff, Mica Duncan, Outreach Worker and Tony
Stevens. Admin Worker and the services of Counting Stsrs have increased in line with social
media visibility. Trustees continue to seek new. enthusiastic and experienced Trustees,
particularly a Trustee Treasurer.
Our achlevements and perfomiance
The Trustees review the performance of the Trust at regular meetings. Beginning in January
2023. trustees met for a development day to identify clear SMART targets aligned to our
mission, part of which included raising our profile on social media and regularly publishing on
the blog section of the Trust website. Trustees also decided to consolidate the alumni network
to support the longevity of the Trust.
Over the year the Trustees were pleased to support bNo youth exchange projects.. 1. Bsix
College. Hackney, to Uganda (2023) and 2. Kori Youth Hub, Haringey to Namibia (planned for
2024).
We also supported two Overseas Volunteer Projects: 1. Serene Anderson, who worked on
two projects including Helping Hands special needs centre in Kingstown and 2. Folashade
Millar Maps, who worked with Girl Guides Ghana in Accra. Folashade gave a presentation at
the Trust's 40" Anniversary Reception in the House of Commons in October 2023.

The Daneford Trust Trustees. and Annual Report
For the year ended 31 December 2023
Trustees also received a proposal about an exciting prospective visit from a school group from
Botswana which led to initial ideas being discussed over Zoom.
Since establishing our charity in November 1981, we have supported over 8.270 young people
from across London and overseas in parts of Africa, Asia and the caribbean. to engage in life-
changing global education, cultural and voluntsry work exchanges.
We have also worked with teachers. lecturers. youth and community practitioners in schools.
colleges, youth and community organisations throughout the London boroughs, and with
partners in eleven countries world- wide. Apart from the three projects mentioned above we
continue lo maintain existing and new partnerships, including Bsix College, Hackney, Cleve
School, Bexley, Kori Youth Hub. Haringey. New City College (Hackney and Tower Hamlets)
Leyton Sixth Fonn College. Waltham Forest and Young Lyric, part of the Lyric Theatre
Hammersmith.
We remain unique in our mission to actively seek out young people who may have social,
economic or cultural barriers to volunteering or travelling overseas. Many of the young people
we have supported would have not benefitted from the experiences if it were not for the support
of the Daneford Trust. The Trust continued to fa￿ challenges, including the loss of activity
post Covid, throughout 2023, and we are thankful for volunteers and donors whose combined
sl
efforts have seen us through our 40th and now 41 year of youth work and education.
We continue to benefit from relatively low costs in rent, utility costs on our new office premises
in St Margaret's House in Bethnal Green.
James Robinson was re-elected as Chair of Trustees and Tony Stevens continues as
Company Secretary. Trustees were delighted to welcome new Trustee Henry Chin, a
Daneford Trust alumni who worked in Guyana. 2010.
Flnanclal Revlew
The statement of Financial Activities shows net income for the reporting period of £28.828
against expenditure of £30,832. a deficit of £2.004. Funds at 31.12.2023 stand at £54,098.
We continue to benefit from grants and donations from a number of loyal charitable trusts and
foundations, including: 'Anon'. The Lord Mayor's 800th Anniversary Trust. the Lorraine
Anderson Memorial Fund. The Pamela Leung Arts Fund. The Jack Petchey Foundation and
The K E Prideaux-Brune Settlement. The Trustees are mindful that the number of such
donations and support will change as we come out of the Covid pandemic. Charities and
companies are simply changing their priorities.
The Trustees held a Re￿ptIOn for supporters and friends House of Commons, in October,
towards the end of our 4th Anniversary celebrations. We are grateful to Rusharana Ali MP who
hosted us in the Jubilee Room. Over 40 guests heard words of encouragement from Ms Ali
and project presentations from Foleshade Millar Maps and staff and students from Bsix
College, Hackney
A large section of our income continues to come from loyal 'Friends' who donate through
Standing Orders with their banks. A significant number of these donations are made by the
Trust's Alumni (former volunteers).
The Trustees have continued to recruit the services of accountants Accountability Europe. All
funds are held in our bank account where balances eam interest.

The Daneford Trust Trustees. and Annual Report
For the year ended 31 December 2023
Reserves
The Daneford Trust cuffently holds resep4es of around 112% of its annual budget. Our
unrestricted free reser￿eS are 73 % of annual budget. Our reserves policy is to aim for free
reserves to enable us to meet our liabilities for up to 6 months. Going con￿rn The Trustees
confirm that the Daneford Trust is a going concem.
Principal risks and uncertainties
During the year the trustees kept under review the risks faced by the charity in relation to its
activities. finance. health and safety, govemance and management. Plans to mitigate these
risks were considered and policies were reviewed at trustee meetings. including safeguarding,
volunteering and health and safety.
Plans for Future Periods
The Daneford Trust exists to empower the next generation, building bridges with communities,
offering ladders to opportunities and supporting young people to change the world around
them for the better. It is our vision that these experiences will empower young people to
combat prejudice, barriers and injustice which they encounter in future life. In a fast changing
and challenging environment, it is important that our work continues- as now more than ever-
it matters. We are committed to sustainability, recognising that our work is in our ability to
make lasting change. As well as sustaining our existing relationships, we remain keen to
develop new partnerships with organisations from across sector that can support us in taking
our agenda forward. We passionately and unequivocally believe that collaboration,
participats'on and partnership with others will assist young people to have the best chances.
choices and opportunities. During 2023 we remained detemiined to reach out to and work with
more young people, teachers and youth workers. develop our work in supporting groups
interested in international education and volunteering projects.
Structure. Governance and Management
The charity is constituted as a registered charity and a company limited by guarantee. The
Trust was incorporated on 27th November 2001 and, on 1st January 2002. took over the
assets, liabilities and activities of the Daneford Trust, an unincorporated charity established in
1982. The provisions of the governing document have been complied with during the reporting
period under review. The Trustees serve on a Board of Trustees has met regularly during the
year and met in January to discuss and write a new 3-year Development Plan. This is now a
'bench mark, paper of reference for Trustees. in the immediate future.
At present there are seven Trustees. with experience in youth work, teaching, charity
Management, social work. Corporate IT and volunteering. We are currently prioritising the
appointment of a Trustee Treasurer. Trustees are elected for a two-year term at the Annual
General Meeting.
Statement of responsibilities of the Trustees
The Trustees (who are also the directors of the charitable company for the purposes of
company law) are responsible for preparing the report of the trustees and the financial
statements in accordance with applicable law and 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 incoming resources and application of resources, including the income and

The Daneford Trust Trustees, and Annual Report
For tho year ended 31 December 2023
expenditure, of the charitable company for that period. In preparing those financial statements.
the trustees are required to:
Select suitable accounting policies and then apply them consistently.
Observe the methods and principles of the Charity SORP"
Make judgements and estimates that are reasonable and prudent; and
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 that disclose with
reasonable accuracy at any time the financial position of the charitable company and to 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 hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of
the charity in the event of winding up. The total number of such guarantees at 31 st December
2023 was seven. The Trustees are members of the charity but this entitles them only to voting
rights. The trustees have no beneh'cial interest in the charity.
The Trustees, Annual Report has been approved by the Trustees on .....................-...... .......
James RobIr￿on, Chair of Trustees
Mlke Wardle, Vice-chair of Trustees

Independent Examlnevs Report
To the members of The Daneford Trust
For the year ended 31 December 2023
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31
December 2023.
Responslbllftles and basls of rnport
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the account5 in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independenl examination. I report in respect of my examination of your charity's
accounts as carried out under section 145 of Ihe Charities Act 2011 ('Ihe 2011 Acl.). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145{5) {b) of the
2011 Act.
Independent Oxamlnerfs Statsment
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe-
accounting records were not kept in respect of the Company as required by section 386
of the 2006 Act., or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of section 396 of the 2006
Act other than any requirement thal the accounts give a 'true and fair view which is nol
a matter considered as part of an independenl examination., or
the accounts have not been prepared in accordance with the melhods and principles
of the Statement of Recommended Praclice for accounting and reporling by charities
applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
10 June 2024
Anthony Epton B& FCA CT& FCIE
Goldwins Limited
Chartered Accountants
75 Maygrove Road
London NW6 2EG

The Daneford Trust
Statement of financial activities
(incorporating an income and expenditure account)
For the year ended 31 December 2023
2023
Totsl
2022
Total
Unrestrlcted Restrlcted
Income from..
Donations and legacies
28.828
28,828
21,329
Total Incomo
28,828
28.828
21,329
Expendlturn on:
Charitable activities
30.832
30,832
25,600
Total expendlture
30,832
30,832
25,600
Not Income l (oxpendtture) for tho yur
(2.004)
(2,004)
(4,271)
Transfers between funds
Net movement In funds
(2,004)
(2,0041
(4.271)
Reconclllatlon of funds:
Totsl funds brought forward
46.797
9.305
56.102
60,373
Total funds carrl•d fonvard
44.793
9.305
54,098
56,102
l of the above resulls are derived from continuing activities.
There were no other recognised gains or losses other than those stated above.
The attached notes fomi part of these financial statements.

The Daneford Trust
Balance sheet
As at 31 December 2023
2023
2023
2022
2022
Flxed assets:
Tangible assets
Currnnt assets:
Stock
Debtors
Cash at bank and in hand
150
8,310
150
10
61.223
61,373
55.098
Llabllltles=
Creditors-. amounts falling due within one year
11
1,000
Not currnnt assets l (Ilabllltles)
54,098
60,373
Totsl assets les• current Ilabllltles
60,373
Totsl net assets I Illabllltles)
54,098
60.373
Fund8
Restricted funds
Unrestricted funds-
General funds
Total unrestricted funds
13
9,305
9,305
44.793
46,797
44,793
46,797
Totsl fvnds
54,098
56,102
For the tinancial year cndLd 31 DcccmbLr 2023. thc Company was cntiilcd to cxcmption from audit undcr ScLlion
477 01. (he Companies ALt 21M)6. and no nolice has been deposil¢d under s￿lI0n 476. The direclors acknowledg)e
Iheir responsibililies for ensuring ihai ihe Company keeps accounting records which cumply with Section 386 01" Ihc
Act and prcpdring Financial Sialemcnls which give a Irue and fdir view of the state of alTdifs of ihe Company as &lt
the end of the period and of its profil or loss for the financial period in aLLordance witli ihe requireinenls of Seclions
-194 and 395 and which oih¢rwisc Lomply wilh thL fcquiT¢mcnts of th¢ Companics Aci 2006. so far as appliLablc 10
Ihc Company.
The Financial Sialcn]cnts hav¢ been prcparcd in accordancc with ihc spccial provisions rLlatingy tu small companics
within Part 15 ot- the Companies Acl ?006 and in accorddnL¢ with the Findncidl Reporling Standard iipplicable in
the UK and Republic of Ireland IFRS 10?) (elT¢clive l January 2015).
Thc Financial Statcmcnts wcrc approi'cd by ihc Board on
Mlke Wardle
Vlcelhalr of T
Company rngl•tratlon no. 04329952
The attached notes form part of the financial ststements.

The Danoford TN•t
Notss to the flnanclal statements
For th• year •nd•d 31 Decembor 2023
1 Accountlng pollcl•s
a) 8a•S5 of prep•r•tlon
The financial slatements have been prepared acu)rdance vrilh Accwnting and Reporting by Chanties." Statement of Recomrnended
Praclice applicable lo thantw wepanng Iheir accounts ￿ accordance wilh Ihe Financial Reporting Standard applicable in the UK and
Republic of IreLind IFRS 102- effeth"¥e 1 January 20151- (charit￿s SChgP FRS 1021 and the Companies Act 2006.
The charitsble (xxnpany meets the definIt￿n of a publc benefft enbty under FRS 102. Assets and liabilitses are inth'ally recognised al hJ$loriGal
¢ost or transaction v31ue unless othemse staled in the le￿ant accountsng pdicy or nole.
In preparing the account5. the trustees have considered whether In applw'ng the accounting policies required by FRS 102 and the Charilies
SORP FRS 102 a restatement ol comparats¥e rtem5 was required.
c) Golng eone•m
The trustee5 con5Kler that Iherg arg no mal8rial unc8rtainbes attht Ihe chanlable cwipany's ability to conbnue as 8 going wncem. The
trustees do nol consider that Ihere are any souices ol esumatson uncertainty at the reporting date thal have a s¢gnificanl nsk of causing a
materi81 adjustment lo the carryng amounts of a55ets and liabilitses wthin the next reporbng period.
dl Incom•
Income is recognised when the charily has entiUemenl to the funds. any perfom)ance conditions attached to the income have been mel. it is
probable Ih3t the illcome wll be recthved and thal Ihe al￿nt can be measured feliably.
Income ffom govemmenl and olher granls. whelher 'wlal' grants or 'revenue' grants. Is recognised when the charity has enlitlemeni io the
lund5. any performance conditions attached to the grants have been met. Il is IKobalAe Ihat Ihe income wll be received and the amount can
be measured rella￿Y and is not delerred. Incc*ne received in advan￿ for Ihe prow%on of speufied seryice is deferred unb"I the critena for
inc￿ne recognition a￿ met.
fj Inl•r•¥¢ w•c•lval)l•
Interest on lunds held on deF4)5it is inckKled ¥•hen Teceivable and the amwnt can be measured reliably by the charity; Ihis is normally upon
notification of the interest paid or payable by the bank.
g) Fund accountlng
Unresincle¢J funds are availab￿ to spend on activibes that lurther any of the purposes of charity. Designated funds are unrestncled funds ol
the charity which the trustee5 have deoded at theiv dIScrets￿ to set a￿de to use a speafic purpose. Reslricted funds are donations which
the donor has specjfied are lo be solely used for partJ"cular a￿￿$ of the tharity's W(xk or lor speufi¢ projecls being undertaken by the charity.

The Daneford TN8t
Notes to the flnanclal statements
For the year ended 31 De¢•mb•r 2023
1 Accourrtlng pollcl•• {conllnu•O)
h) Expendltt•r• al￿ Irv•cov•r•bl• VAT
Expenditure Is fecognised once there Is a l* ￿ construcb"¥e obligabon to make a payment io a thifd party. it is probable that seiuement wll
be required and Ihe amounl ol the obligats'on can be measured reltatAy. E¥pendrture 15 dassifivd under the following acbvity headin9S"
Costs of raising funds comprise of tr&ting costs an(1 the cosls In￿rred by the chantable company in induong third parties to make
voluntary contributions lo it. as well as Ihe cost of any acbwlies wth a fundraising purpose.
Expenditure on charIta￿e activities indvdes the costs of activities undertaken to lurther Ihe Purposes ol the chanty and their associ8ted
support costs.
Other expenditu￿ ￿preSentS those items not falling into any other head￿￿J.
Irrecoverable VAT 15 charged as a cosl against Ihe acb.wty lor which the exwmlilure was Ir￿1r1ed.
11 Alloutkn al •upwt costs
Support costs are those fundions that assist the wc*k of the charily tsJt do not direcily undertake chanlable aGtsvttses. Support Cosls Include
back oifiGe Gosis. finanrx, personnel, Pa￿￿1 antl governance cosis which support the chanly and Ils and activib"es. These c05t5 have been
allocated between cost of raising lund5 and expenditure on thant3ble 3CtMties. The bases on which support costs have been allocated are
set out in nole 6.
11 0￿￿11￿9 l•a
Rental charges are charged on a straight line basis over the temi of the lease.
k) Tanglbl• fix•d as••ts
Items ol equipmenl are capitalised vthere the purchase price exceeds £1.000. DepreciatK)n is provided at rales calculated lo wrile down ihe
cost of each asset to its estimated residual value over ts expected useful lrfe. The depferyati￿ rates in use are as folli>ws".
Office equipment
25%
l) Sto¢k•
Stock is Includèd at thè k)wer of cosl or rwt rnalisable value. Dmatgd rtems ol $1(K* arg ro¢(yJn1$9d at fair valuè which is the amount tho
charity would have been V•illing lo pay for the rtems on the open market.
m) D•btorn
Trade and other deblofs a￿ recognised at Ihe settlement affKyJnt due aftèr any trade discount offered. Prepayments are valued at the
amount prepaid n8t of any trade discounts du8.
n) Gish at bank and In hand
C35h at bank and cash In hand inckJde5 cash and Short lefm highly liquid inveslments wth a short maturity of three months or less frcrfn the
te of acquisrtion or opening ol the deposit or ymilar accounl.
o) Crndltor¥ •nd provl•lon•
C¥editors and provistons a￿ rec(4nise(I Whtr￿ the ¢h8wity has a present d)IwJ8tion ￿5V1b'n9 frorn a p8St event that will probAbly restslt in the
transfer of funds lo a third paty and Ihe 8moLsnt due fo sett￿ the ObligaD.￿ can be measured or esb"mateO reliably. Creditors and provisions
are normally recognised at their 5eltbement amoLtnl after allowng lor any irade discounts due.

Tho Danoford Tfust
Not•s to th• fin•ncl•l ststom
For the y￿r endod 31 Decembor 2023
Totsl
Donations and legac485
Funéraising
Inv8Stmeni incom8
21.329
21.329
21.32•
21Jl•
Raisrig lunds
Chanlabk acti￿tIeS
25.6(Kl
25.6LYJ
Il•f Incoffvj I
4371
Transfe
4,271
4.271
Total lunds ￿h1 f(Thard
51.
60.373
4Q797
¥102
2022
ZB.828
28 828
21,329
21.329
Totsi donal1￿$
12

The Daneford Trust
Notes to the Ilnanclal statsments
For the year ended 31 December 2023
Anatysls ol •xp•ndltur•
Cosl of
raising
lunds
Chartsble
activrt*s
Support [￿ts 2023 T¢*1 2021 Total
Fundraising costs
Gran15 payable
Su
ort costs
Rent and fates
Volunteers. Costs
Education & Promotion.. thjtrea
Telephone
Postage and stalionery
IT equipment
Sundry
Independent Examinerfs Fees
Bookkeeping
Trustees expenses
Legal and Professional
15,956
15,956
3.996
5,031
1,261
811
22
5.031
1.261
4.614
165
791
119
357
1.800
1.620
300
35
1,8110
1.620
2,004
726
Ti>tal •xp•ndlthr• 2023
15,956
14,876
25,600
Of the lolal expenditure. £30,832 vras unreslricted12022-. £25.6001 and Nil was restricted (2022." Nill.
4a Analysis OT expen(Jiiure (prior yeari
C05t of
raising
funds
Charrtable
activities
SuppKJrt costs 21r22 Tatal 2021 Total
Fundraising cos15
Grants payablè
Su
rt costs
Rent and rates
Volunteers. Costs
Education & Promoti￿. Outrea
Telephone
Postage and statsonery
IT equipment
Sundry
Independent Examinerfs Fees
Bookkeeping
Trustees expenses
Legal and professional
5.483
IT20
3.306
4.614
8,165
791
119
357
2.376
3,755
4,614
8.165
791
592
301
726
190
Tolal oxpendltur• 2021
5,483
20.117
25.600
13.969
Of the total expenditure. £25,600 was unrestn"cted12021'. £13.019} and Nil was restn"cted12021.. £9501.

The Daneford Trust
Notes to the flnanclal ststemonts
For the year ended 31 December 2023
Net In¢om¢ l (•xpendltur•) for th• year
Thi5 15 stated after charging l (crediting)".
2023
2022
Operating lease rentals..
Property
Independent Examination
3.306
2.004
1.800
Analysls of staff ¢o*ts, tru•t•• rnmunoratlon and oxp•n•M. and th• ¢￿t of k•y m•nag•ment Per￿n1￿1
Staff costs were as follows..
2023
2022
Salaries and wages
Social security costs
Trustees did not receive a remuneration during the yeaf12022.'Nill.
There were no employee benefits paymenls lo key management perscmnel in the year (2022.. Nill. Trustees have
been reimbursed £300 in the year {2022: Nill.
The average number of employees (head cnunt based on number of staff employed) during the year was as follows..
2023
2022
No.
Charilable activities
Taxatlon
The charitable company is exempl from corForats'on tax as all ils income is charitable and is applied for charitable purposes.
Tanglbk flx•d aM•l•
Plant and
machinery
Total
Cost
At the start of the year
Addition5 in year
Disposals in year
At the end of the year
9.202
9,202
9,202
9,202
Depreclallon
At the start of the year
Charge for the year
Eliminated on disposal
Al the end of the year
9,202
9,202
9,202
9,202
Net book valu•
At th• •nd of th• y•ar
Al the start of the year

The Daneford Trust
Notes to the flnanclal statements
For the year ended 31 December 2023
Stock
2023
2022
Finished goods
150
150
150
150
2023
2022
10 Dobtors
Gift Aid Accrual
8,310
8.310
11 Cr•dltorn: amounts falllng du• wlthln om y•ar
2023
2022
Accrua15
1.000
1,000
1,000
12 Ana￿18 of n•t b•tw••n lunds
General
unrestricted Designated
Total
funds
Restricted
Net Cu￿ent assets
N•t ass•ts at th• •nd of th• y•ar
44.793
44793
9,305
9.305
54.098
54,098
120 Anatysls of not asMts b•t¥Mon fvnd• (wlor y•ar)
General
unreslncted Designated
Totsl
funds
Restricted
Nel current assets
Net ass•ts at tho •nd of th• y•ar
46,797
46.797
9,305
9.305
56,102
56.102
13 Movements In funds
Ai the start of
the year
At th• end
of th• y•ar
Income Expenditure
Transfers
R•slrfct•d funds:
Restricted funds
9.305
9.305
Total r•strlct•d fund•
9.305
9.305
G•neral fund•
46.797
28,828
{30.8321
44,793
T•)tsl unrnslrfct•d funds
46,797
28.828
30,832
44,793
Total lund•
$6,102
28.828
30.832
54,098

The Daneford Trust
Notes to the flnanclal statements
For the year ended 31 December 2023
13a Movements In fund• Iprlor y•ar)
At the start of
the year
At the •nd
of the year
Income Expendilure
Transfers
Restrletsd lunds:
Restricted funds
9,305
T¢)tsl re•trlcl•d funds
9,305
9,305
General funds
51,068
21.329
(25.600)
46,797
Total unrestrbcted funds
51,068
21.329
25.61)0
46,797
Total fund•
60,373
21.329
25.600
56,102
Purpos•s of r•8trlct•d funds
Lorraln• And•r•on M•morlal Fund:
Funds musl be given directly lo individualslgroups of young people on the Overseas Volunteer Programrne. Awards of £300-
600 a￿ usually awarded. Lorraine Ander50n Fund is a legacy of Lorraine Anderson who passed away- the fund was set up in
her name to promote volunteering and active citizenship. The founders request project reports and invites lo events and
presentations as a reportiNJ method.
Pamela Leung Arts Scholarshlp:
Scholarship s are lo be awarded to individualslgroups ol young people on the Overseas Volunteer Programme, who 15
undertaking a project which promotes the 'Arts'. There 15 no typical size grant given, as it is dependent on the nature and
duration of project. Funds were given lo the Trust from a fom)er Trustee who's wfe passed away - the fund is a ￿acY of
Pamela Leung and her love of the Arts.
Slmon'• Charlty:
Fund5 must be given d1￿Ctty to individualslgroups of young people on the Overseas Volunteer Programme. Funds may be
carried foMard frorn one year to the next if for any reason the intended young personlsl is not able to undertake their project.
Awards of around £200-250 are usually awarded. Simon's Charity is a Small independent family run charity.
14 Logal status of the charlty
The charity is a company limite(I by guarantee and has no share capital. Each fflember is liable to contribute a sum not
exceeding £1 in the event of the charity being wound up.
15 R•lat•d party transactlons
There are no related party transaclions to disclose for 2023 (2022: none).