Charlty reglstratlon number 1099954 IEngland and Walesl Company registration number 04864374 DEVELOPMENT TRUST DONCASTER (FORMERLY NORTH DONCASTER DEVELOPMENT TRUST) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
DEVELOPMENT TRUST DONCASTER LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs B M Gill Mr J Mounsey Mrs V Powell-Hoyland Mrs L E Wagstaff Mrs l Beech Charity number (England and Wales) 1099954 Company number 04864374 Principal address Bentley Resource Centre High Street Bentley Doncaster South Yorkshire DN5 OAA Reglstered offlce Bentley Resource Centre High Street Bentley Doncaster South Yorkshire DN5 OAA Accountants Brearley & Co A¢countsnts Limited 39143 Bridge Street Swinlon Mexborough South Yorkshire S64 8AP Bankers Natwest Bank PIC 12 High Street Doncaster South Yorkshire DN1 1ED
DEVELOPMENT TRUST DONCASTER CONTENTS Page Trustees report Accountants. report Statement of financial activities Balance sheet 10 Notes to the financial statements
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the finanaal statements and comply rith the charity's governing document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" Oblectlves and actlvltles The charity is 2 not-for-proff( organisalion Created to promote the economic development and regeneration of North Doncaster. The primary area the Trust covers is the North of Doncaster, however this is not inclusive, and our reach includes working across Doncaster, diligendy war.ng in partnership with communities and all parts of the voluntary sector. Significant activities The Trust was created for the promotion of economic, environmental, and social regeneration of the primary area. Its, objectives concentrate on five major areas. Helping people move closer to work. Supporting small and emerging businesses and social enterprises. Supporting voluntary and community groups. Improving the quality of life in communities and the wellbeing of all Developing the Trust's sustainability. Public benefit The Iruslees have paid due regard to guidance issued by the Charity Commission in deading what activities the charity should undertake, whilst ensuring resident and community voice is listened lo, heard and action follows using coproduction. Volunteers People Powering Progress In the face of ongoing economic uncert8inly-particularly wlhin the voluntary and community sector, our staff, volunteers, and Board of Trustees continue lo demonslrale exceptional dedication. Their collective efforts have ensured the successful delivery of existing projects, the development of new opportunities, and the submission of competitive funding bids. The Trust remains committed lo strengthening its foundations and building on ils successes. This ongoing progress is only possible through the shared commitment and resilience of everyone involved. The Trustees would like to express their sincere gratitude to all who contribute to the Trust's work. especially our staff, whose professionalism, passion, and perseverance have been vital in navigating these challenging times and driving our mission forward.
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and perfomiance Signrficanl activities and achievements ag&insl objectives Over the past year the Trust has delivered a diverse programme of communily-led activities designed to improve health, reduce isolation, and strengthen so¢ial connertions across Doncaster. These initiatives reflect our commitment lo place-based working, family engagement. and inclusive awss to support and opportunity. Health & Wellbeing Through Food We delivered a series of Cook & Eat sesslons across schools and community venues, equipping families with practical cooking skills and nulrilional knowledge.. 24 $9sslon$ held across Castle Hills Primary, Woodlands Primary, Swim stars, and Shakers @ Askern Engaged over 100 participants, including children and adults Delivered fun, healthy recipes such as calzone pizzas, smoothies, fruit salads, and more At Askern Funday, 50 families made 117 fruit salads, combining food education wth community celebration Seasonal and Family Events Vve hosted a range of seasonal events that brought families together and created joyful, inclusive experiences.. Easter Party- 50 families attended,. every child received a book and Easter egg Summer Fayre- Free food, goody bags, bouncy Castles, DJ sessions, and skateboarding workshops Halloween Events- Bentley Scavenger Hunt and Bullcroft Party engaged over 60 families Chrlstmas Fayre- Santa visits. gifts for children, carols, and a community light swilch-on Clrcus Sklll$ Work$hop- Delivered during May half term lo promote active play Ongoing Community Support We continue lo provide essential services and social spaces that meet local needs and reduce inequalities.. Walk & Talk sesslons in Bentley lo support mental health and family ¢onne¢ts'on Uniform Bank- High demand. supporting families with school essentials Community Pantry & Foodbank-Addressing food insecurity Charity Shop- Promoting sustainability and reinvestment into community projects Regular social groupy- Monday Night Bingo, Monday Social, and the Carcroft Friendship Group for over- 55s These activities demonslrale the Trust's ability lo mobilise resources, engage diverse communities, and deliver meaningful outcomes in line wth our strategic priorities. Our work continues lo be shaped by local voices, data, and strong partnerships-ensuring we remain responsive, inclusive, and impactful. Signrficanl facto
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Continuing Uncertainty As with previous rellt years, this year continued lo be challenging for many Voluntary Sector organisations., the past year has seen continued Covid recovery, however as we move away from that challenge we are faced with challenges as part of the cost of living ¢risis. This report reflects those Challenges and how the board of Trustees and dedicated stsff have focused on enabling the partnerships and resources the Trust have built to be the foundations for the main activities throughout the past year. During 2024-25 the Trust continued lo work differently, building on the work of the previous year's successes, working with and for our residents, working Closing with partners such as City of Doncaster Council ICDCI, The Ridge and The Bread and Butter Thing. All build on our community offer including via a referral only food pantry, a self-referral weekly food offer, where residents Can request support at low cost yet affordable food that would otherwise go to food waste. This supports residents who are facing financial difficUleS and also provides an environmental solution. The development of Bullcroft Memorial Hall and Bentley Resource Centre continue to be a primary focus for the organisalion, creating community centres for local activities and wellbeing. and ensuring sustainability for the trust. Both buildings have had challenges throughout the year bul have started lo see an increase in revenue from ad-hoc bookings with residents returning to community activities. Fundraising prnCles strengthening Community Capacity Through Strategic Investment {20225) During 2024-25, the Trust successfully secured £19,794.40 in funding across multiple streams, enabling targeted community development and a deeper understanding of resident needs. Working in close partnership with key stakeholders and City of Doncaster Council, the Trust has ieinforced ils posrftion as a lead anchor organisation wthin the Well Doncaster Community Capacity Investment Fund. This strategic partnership has facililaled the distribution of funding lo grassroots organisalions and communty-led inilialives, supporting a wide range of activities that reduce social isolation and build local capacity.
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Funding Secured.. CW8 Community Grant- £3,000.00 War(1 Member Grant- Monday Social-£350.00 War(1 Member Grant- Allotment- £300.00 Household Support 5-£3,000.00 Household Support 6-£2,500.00 Reimagining Learning Space- £5,000.00 Anticipate 2024- £250.00 Growyour Own- £500.00 Smokefree- £542.00 VCFS- £4,352.40 Trustees played a vital role in the grant process. acting as panel members and promoting funding opportunities across North Doncaslgr. These investments have empowered the Trust to.. Deliver inclusive community activities Address social isolation Strengthen grassroots leadership Enhance local wellbeing and resilience Fundraising perfon77ance Empowering Communities Through the Community Investment Fund As the key anchor organisalion for North Doncaster, we continue lo work in close partnership with the City of Doncaster Public Health Team and Well Doncaster lo deliver the Community Investment Fund ICIFI. This collaboration enables us to support grassroots groups in accessing vital resources that strengthen community resilience and well-being. In the lalesl round. we supported 30 $ucces$ful CIF appll¢atlon$. awarding over £51,000 in funding for a wide range of community needs. These microgrants have helped local groups purchase essential items and services such as.. Facilities & Equipment.. venue hire, storage, tables and chairs, boilers, radiators, roof repairs, floodlights, solar panels Community Activities.. refreshments, craft materials, music equipment, play and SEN resources Operational Support.. DBS checks, licenses, training, staffing costs Engagement Tools. gazebos, generators, walkie-talkies, drone hi Everyday Essentlals.. soup makers, tea ums. fridges, allotment tools, benches, and even shoes These investments are making a tangible difference, enabling local groups to deliver inclusive. aSSible, and meaningftjl activities that reduce isolation, promote health, and build stronger neighbouthoods.
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Revitalising Community Transport to Tackle Isolation The impact of COVID-19 on our community transport services was significant. As our primary users are from vulnerable groups, many were unable lo travel during the pandemic, leading lo increased i501ation and reduced access lo essential services and social opportunities. In response, the development of community transport has become a key priority. We are working closely with local community groups lo co-design solutions that reduce loneliness, improve access, and enhance overall well-being. However, the rising costs of transport are placing increasing pressure on the Trust's resources. In light of this, the Board of Trustees has agreed to review the transport offer during 2025, ensuring it remains both impactful and finanryally sustsinable. Our approach will focus on.. Reconnecting isolated residents wth their communities Exploring cost-effeclive, community-led transport models Strengthening partnerships lo share resources and expertise Ensuring long-term viability of transport services Investment perfofftiance Financial review The financial resuyts of the charity are set out on pages 9 to 17 Al 31 sl March 2025 the accounts show the Trust to be in a financial position with nel assets of £695,727 of which £107,688 are unreslricled. The value of the Balance Sheet has Increased over the year by £1,027. The Trust's depellden on grant funding has reduced significantly bul il has benefited from some small project5 being funded by granl-making bodies. Unreslricled funding comes through a wide variety of activities. The accumulated reserves have been invested primarily in savings accounts chosen to provide appropriate security in uncertain financial markets. The expenditure over the last year continues to see the development of activities that meet the needs of deprived people living in the Doncaster area. Community Transport and The Bullcroft Memorial Hall are good examples of this, both of which have been successful in gaining additional funding to support projects in 2018. The main concern for the Trust remains the development of earned income so that the Trust can be self sufficient and can provide an infrastructure that supports the needs of communities and their organisalions. It is fell that there is still an important role for the Trust to play in this area. Unrestricted funds represent the Trust's working reserves that helps us lo ensure that we are able lo Continue with our obligations in the event of a shortfall in income or a sudden upturn in expenditure. The balance of unreslricled funds al 31 March 2025 represents a figure equating lo approximately three months of operating income in line with Charity Commission recommendations. The Trustees regard this as satisfactory and a necessarily prudent approach. However, the reserves policy is reviewed regularfy by the board. Major nsks The Trustees have reviewed the major risks to which the charity is exposed and systems have been established to mitigate those risks. These are reviewed periodically. The approach to addressing risk is in a broad contexi. with emphasis on strategic and reputational risks in addition to the more familiar areas of operational and financial risks, Complian with statutory requirements and internal control procedures. During the year our risk management has focused on a variety of issues ranging from safeguarding assets in a difficult investment market to addressing health and safely procedures.
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods Reflecting our evolving role- A new name for a broader vision As the Trust's work continues lo grow beyond ils original geographic focus, il has become increasingly clear that our identity must evolve lo reflect our pan-Doncaster approach. Vvhile we remain deeply rooted in North Doncaster, our partnerships. projects and impact now span communities across the city. To better represent this wider role and future ambitions, the organisalion will adopt a new name.. Development Trust Doncaster. This change acknowledges our unique position as a trusted, city-wide enabler of community development SuppOng grassroots organisab'ons, amplifying local voices and driving inclusive growth across Doncaster. Structure, governance and management The charity's governing do¢umenl is ils Memorandum and Articles of Association. dated 29th January 2003, which were revised in January 2016 at the Annual General meeting, where the board agreed to reduce the trustee board members lo a maximum of 12. The Iruslees, who are also the directors for the purpose of company law, and who served during the year we". Mrs B M Gill Mr C M Hogarth Mr J Mounsey Mrs V Powell-Hoyland Mrs L E Wagstaff Mrs l Beech (Resigned 20 November 20241 Recnjrfmenl 2nd appointment of trustees None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 In the event of a winding up. Organisational stctU The charity is governed by a Board of Trustees, which can have up lo 12 members, and is responsible for setting the strategic direction of the organisation and establishing policy. The Board meets regulady and sU00mmIttee$ are formed as necessary. The Community Co-ordinator, appointed by the Trustees, manages the day to day operations of the charity and facililales effective operations,. she has delegated authority, wthin temis of delegation approved by the Trustees, for operational matters including finance, employment and project development. However all final ijecisions are made by the board on key issues and strategic direction. The board made a decision in September 2016 to reslruclure the organization. This affected 3 staff members who all look voluntary redundancy. The Community Co-ordinator was then appointed lo work on the community development and management of siles. The restructure was essential due to the large staff overhead cost which required reducing lo fit in line with the current economic situation. InduclNon and training of tfustees New Trustees undergo orientslion lo brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events which facililale the undertaking of their role. The Trust is always keen to attract new Trustees lo ils board. RelatnShIp with relatgd partigs The charity has no related parties with whom it deals with.
DEVELOPMENT TRUST DONCASTER TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees report was approved by the Board of Trustees. Mrs V Powell-Hoyland Trustee Date..
DEVELOPMENT TRUST DONCASTER . ACCOUNTANTS, REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DEVELOPMENT TRUST DONCASTER FOR THE YEAR ENDED 31 MARCH 2025 In order lo fuWIl your duties under the Companies Act 2006, we have prepared for your approval the financial slalements of Development Trust Doncaster for the year ended 31 March 2025, set out on pages 9 to 17 from the charity's accounting records and from Information and explanations you have given us. This report is made lo the eharily's trustees, as a body, in accordance with the terms of our engagement letter dated 28 March 2024. Our work has been undertaken solely lo prepare for your approval the financial slalemenls of Devttlopmenl Trust Doncaster and slate those matters that we have aged lo stsle lo the Charity's Iruslees, To the fullest exlenl pemiilled by law, we do not accept or assume responsibility lo anyone other than Development Trust Doncaster and the charity's Iruslees as a body, for our Work or for this report. It is your duly lo ensure that Development Trust Doncaster has kept adequate accounting records and to prepare slalulory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of Development Trust Doncaster. You consider that Development Trust Doncaster is exempl from the slalulory audit requirement for the year, and is not required lo obtain an Independent examiner's report. We have not been instructed to carry out an audit or a review of the financial statements of Development Trust Doncaster. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given lo us and we do not, therefore, express any opinion on the statutory rinanaal slatemenls. Brearley & Co Accountants Limited . Accounlanls 39143 Bridge Street Swnton Mexborough South Yorkshire S64 8AP Dale".
DEVELOPMENT TRUST DONCASTER STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities North Doncaster Community Transport Proje¢t Bentley Resour Centre Bullcroft Memorial Hall 72,178 72,178 78,922 78,922 13,531 13,531 14,029 14,029 35,203 61,453 35,203 61,453 32,780 71,056 32,780 71,056 Investments 16,254 16,254 8,498 8,498 Total Income 198,619 198,619 205,285 205,285 Expenditure on- Charitable activities 197,592 197,592 196,788 196,788 Total expenditure 197,592 197,592 196,788 196,788 Nat incoma 1,027 1,027 8,497 8,497 Transfers between funds 22,654 122,6541 193,9161 93,916 Net movement in funds 23,681 122,6541 1,027 185,4191 93,916 8,497 Reconciliation of funds: Fund balances al 1 April 2024 84,007 610,693 694,700 169,426 516,777 686,203 Fund balances a131 March 2025 107,688 588,039 695,727 84,007 610,693 694,700 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continLJing activities.
DEVELOPMENT TRUST DONCASTER BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets 10 375,982 384,581 Current assets Debtors Cash al bank and in hand 11 42,387 553,905 32,940 564,118 596,292 597,058 Creditors- amounts falling due within one year Taxation and social securty other creditors 2,495 274,052 2,125 284,814 12 278,547 286,939 Net current as$et$ 319,745 310,119 Total assets less current liabilities 695,727 894,700 The funds ofthe charity Reslricled income funds Unreslricled funds 13 14 588,039 107,688 610,693 84,007 695,727 694,700 The company is enlilled to the exemption from the audit requirernenl contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. No member of the company has deposited a noti, pursuant to section 476, requiring an audit of these financial slalements. The director acknowledges her responsibility'es for complying with the requirements of the Companies Act 2008 with respect to accounting records and the preparation of finanaal statements. The members have not required the company lo obtsin an audit of its finanaal stslemenls for the year in question in accordance with section 476. These financial slalemenls have been prepared In accordance wth the provisions applicable to companies subject lo the small companies regime. The financial statements were approved by the trustees on . Mrs V Powell-Hoyland Trustee Company iegislralion number 04864374 IEngl8nd and Wales) 10-
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Development Trust Doncaster is a charitable cornpany limited by guarantee incorporated in England and Wales. The registered office is Bentley Resource Cenlre, High Street, Bentley, Doncaster, South Yorkshire, DN5 OAA. 1.1 Basis of preparation The accounts have been prepared in accordance with the charity's memorandum and artides of association, the Companies Act 2006 and Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las amended for accounting periods commencing from 1 January 20181. The charity Is a Public Benefit Enlily as defined by FRS 102. The charity has taken atlvanlage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepa a Slalemenl of Cash Flows. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng Concgm At the lime of approving the financial slatemenls, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial stalemenls. 1.3 Charitable funds Unrestricted funds are available for use al the discretion of the Iruslees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subjed lo speafic conditions by donors that the capital musl be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled lo il after any perfomiance conditions have been mel, the amounts Can be measured reliably, and il is probable that income wll be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless Performan conditions require deferral of the amount. Income lax recoverable in relation lo donations received under GiftAid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit lo a third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the lolal of dire Costs and shared costs. including support costs involved in Ljndertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned betteen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreaation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed as5et5 are initially measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Property & improvements Fixtures, fittings & equipment Motor vehicles 40kn slraighl line lo° & 25°A reducing balance 250A slraighl line The gain or loss arising on the disposal of an asset is detemined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalmient of flxed assets At each reporting end date, the charity reviews the carrying amounts of f(s tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid investments wth original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price induding transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement conslilules a finanryng Iransaclion, where the transaction is measured at the present value of the future reip1S dI$Unted al a market rale of interest. Financial assets ¢lassified as receivable within one year are not amortised. 12-
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement conslilules a financing transaction. where the debt instrument is measured al the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al amortised Cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 1.9 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's ServIS are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to lerminale the employment of an employee or to provide temiination benefits. Crltlcal accountlng estlmates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily appanI from other sources. The eslimales and associated assuTllplions are based on historical expèrience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted fund$ 2025 Unrestricted funds 2024 Grants 72,178 78,922 Income from Investments Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 16,254 8,498 13-
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities 2025 2024 Direct costs Staff costs Depreciation and impairment Training, secondments and other staff costs Premises costs Repairs and cleaning Printing and stationery Postage and telephone Sundries Compuer and inlernel costs Legal and professional Motor expenses Insurance Direct project costs Bank charges and interest 90,150 8,598 411 64,640 2,259 321 1,108 261 3,613 8,978 85,216 8,198 902 56,979 1,832 804 1.300 667 4,102 12.489 i i 6,132 6,422 4,052 649 7,592 7,567 8,475 665 197,592 196,788 Analysis by fund Unreslricled funds 197,592 196,788 Net movement in funds 2025 2024 The net movement in funds is ststed after chargingllcreditingl.. Depreciation of owned tangible fixed assets 8.598 8,198 Truste&s None of the Iruslèes lor any persons connected with them) received any remuneration during the year12024- £Nill. Also, none of them were reimbursed any travelling expenses during the year12024 £NIll. Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number 10 14-
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees (Continued) Employment Costs 2025 2024 Wages and salaries Social security costs 90,133 17 85,125 91 90,150 85,216 There were no employees whose annual rernuneralion was more than £60,000. Taxation The charity is exempt from taxation on ils activities because all ils income is applied for charitable purposes. 10 Tangible fixed assets Property & improvements Fixture5, fittings & equipment Motor vehicles Total Cost At 1 April 2024 472,314 213,197 49,115 734,626 At 31 March 2025 472,314 213,197 49,115 734,626 Depreciation and impairment At 1 April 2024 Depreciation charged in the year 101,004 4,893 199,927 3,705 49,115 350,046 8,598 At 31 March 2025 105,897 203,632 49,115 358,644 Carrying amount At 31 March 2025 386,417 9,565 375,982 At 31 March 2024 371,310 13,271 384,581 11 Dobtors 2025 2024 Amounts falling due within one year.. Trade debtors Other debtors Prepayments and accrued income 32,933 3,974 5,480 23,054 4,079 5,807 42,387 32,940 15-
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Debtors (Continued) Other debtors consist of VAT repayable £3,97412024 - £4,079). 12 Other creditors falling due within one year 2025 2024 Trade creditors Other creditors Accruals and deferred income 19,138 4,065 250,849 15,889 3,772 265,153 274,052 284,814 Other creditors consist of bonds held £3,77212024- £3,772) and pension creditor £29312024 - £Nill. 13 Restricted funds The restricted funds of the charity Comprise the unexpended balan$ of donations and grants held on trust subject lo speryfic conditions by donors as to how they may be used. At 1 April 2024 Transfers At 31 March 2025 Community investment fund Grant income Food bank Bullcroft memorial hall Investment 141,448 78,458 791 350,000 40,000 12,9941 120,0131 353 138,452 58.443 1,144 350,000 40.000 610,693 122,6541 588,039 Previous year- At 1 April 2023 Transfers At 31 March 2024 516,777 93,916 610,693 Core funding - The investment in Brooklands Trade Developments Limited was sold during the year. The gain arising from it's sale is to be ringfenced until 30 September 2028. Bullcroft memorlal hall - As of the 1 November 2012 the ownership interest in Bullcroft Memorial Hall was transferred from The Carcroft and Skellow Community Association to North Doncaster Development Trust. As a result of certain clauses in the ty'tle document, il is appropriate to treat this asset as relating lo reslrided funding. Grant Income - During the year several grants were received. Grants relating lo.. the community investment fund, food bank and other grant income were received for specific purpose and so are restricted. 16-
DEVELOPMENT TRUST DONCASTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2024 Incomlng r&sourGes Resources expended Transfers At 31 March 2025 General funds 84,007 198,619 1197,5921 22.654 107,688 Pr&vlous year: At 1 Aprll 2023 Incomlng r&sour¢es Resources expended Transfers At 31 March 2024 General funds 169,426 205,285 1196,7881 193,9161 84,007 15 Analysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Current asselsllliabililiesl 25,982 81,706 350,000 238,039 375.982 319,745 107,688 588.039 695,727 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024- Tangible assets Current asselsllliabililiesl 34,581 49,428 350.000 260,693 384,581 310,119 84,007 610,693 694,700 17-