2023-03-31-accounts - Dalgarno Trust

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		Page	Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement of Financial	Activities
Statement ofFinancial	Position	9	to	10
Statement ofCash Flows
Notes to the Statement	ofCash Flows		12
Notes to the Financial Statements		13	to	23

							2023	2022
					Unrestdcted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes		6		6
INCOME AND		ENDOWMENTS	FROM
Donations	and	legacies		2	38,286		38,286	15,681
Charitable	activities
Community	Champions					70,677	70,677	69,994
DYP						118,875	118,875	126,461
Healthworks						147,075	147,075	145,000
VIP						20,000	20,000	20,000
Other charitable		activities			22,640	134,650	157,290	177,145
Foodbsnk						82,099	82,099	42,394
Other trading activities				3	30,128		30,128	34,839
Investment	income			4	1,809		1,809	78
Total					92,863	573,376	666,239	631,592
EXPENDITURE		ON
Charitable	activities
Community	Champions					38,673	38,673	78,711
DYP						111,667	11'l,667	168,753
Healthwcrks						155,347	155,347	136,605
VIP						20,306	20,306	18,500
Other charitable		activities			144,659	69,565	214,224	170,986
Foodbank						81,780	81,780	32,881
Total					144,659	477,338	621,997	606,436
NET iNCOME/(EXPENDITURE)					(51,796)	96,038	44,242	25,156
RECONCILIATION OF FUNDS
Total funds	brought forward				222,545	169,243	391,788	366,632
TOTAL FUNDS		CARRIED FORWARD			~170749	265 281	436,030	391,788

				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	f	6
FIXEDASSETS
Tangible assets	12	3,954		3,954	11,673
CURRENT ASSETS
Debtors	13	17,002		17,002	45,813
Cash at bank		168,183	265,281	~433464	390,081
		185,185	265,281	450,466	435,894
CREDITORS
Amounts falling due within one year	14	(18,390)		(18,390)	(49,132)
NET CURRENT ASSETS		166,795	265,281	432,076	386,762
TOTAL ASSETSLESSCURRENT
LIABILITIES		170,749	265,281	436,030	398,435
CREDITORS
Amounts falling due after more than one year 15					(6,647)
NET ASSETS		170,749	265,281	436,030	391,788
FUNDS
Unrestricted funds				170,749	222,545
Restricted funds				~265 281	~169243
TOTAL FUNDS				436,030	391,788

		FOR T	HE YEAR ENDED	31 MARCH 2023
				2023	2022
			Notes	K
Cash flows from	operating	activities
Cash generated from operations			1	~51959	48,962
Net cash provided	by operating activities			51,959	48 962
Cash flows from	investing	activities
Purchase oftangible fixed assets Interest received				(1,702) 1,809	(5,067) 78
Net cash provided	by/(used	in) investing	activities	107	~4989)
Cash flows from	financing	activities
Loan repayments	in year			~8,683)	~8,683)
Net cash used in	financing	activities		~8,683)	~8,683)
Change in cash	and cash	equivalents
in the reporting period Cash and cash equivalents		at the		43,383	35,290
beginning ofthe	reporting	period		390,081	354,791
Cash and cash equivalents		at the end
ofthe reporting	period			433,464	390,081

		FOR THE Y	FOR THE Y	FOR THE Y	FOR THE Y	EAR ENDED 31 ll/IARCH 2023	EAR ENDED 31 ll/IARCH 2023	EAR ENDED 31 ll/IARCH 2023	EAR ENDED 31 ll/IARCH 2023
RECONCILIATION		OF NET INCOII/IE				TO NET CASH FLOW FROM OPERATING ACTIVITIES
								2023	2022
								f	f
Net income	for the	reporting			pedod	(as per the Statement	of
Financial Activities)								44,242	25,156
Adjustments	for:
Depreciation	charges							9,421	9,229
Interest received								(1,809)	(78)
Decrease in debtors								28,811	8,548
(Decrease)/increase		in	creditors					~28,706	6,107
Net cash provided		by	operations					51,959	48,962
ANALYSIS OF CHANGES				IN NET FUNDS
						At 1/4/22		Cash flow	At 31/3/23
							F	8
Net cash
Cash at bank							390,081	43,383	433,464
							~390081	43,383	433,464
Debt
Debts falling Debts falling	due within 1 year due after 1 year						(8,683) ~6,647)	2,035 6,647	(6,648)
							~15,330)	~8682	~6,648)
Total							374,751	52,065	426,816

					DALGARNO	TRUST	TRUST
				NOTES	TO THE FINANCIAL	STATEINIENTS - continued
					FOR THE YEAR ENDED		31 INARCtl 2023
2.	DONATIONS	AND LEGACIES
								2023 f	2022 f
	Donations							38,286	15,681
3.	OTHER TRADING ACTIVITIES
								2023	2022
									f
	Room hire							30,128	~34 839
4.	INVESTMENT		INCOINE
								2023	2022
								f
	Deposit account			interest				1,809	78
5.	INCOME FROIN			CHARITABLE ACTIVITIES
								2023	2022
	Activity							f
	Community	Champions						70,677	69,994
	DYP							118,875	126,461
	Healthworks							147,075	145,000
	VIP							20,000	20,000
	Other charitable			activities				157,290	177,145
	Foodbank							82,099	42,394
								596,016	580,994
6.	CHARITABLE		ACTIVITIES COSTS
								Support
							Direct	costs (see
							Costs f	note 7) f	Totals f
	Community DYP	Champions					38,673 111,667		38,673 111,667
	Healthworks						155,347		155,347
	VIP						20,306		20,3D6
	Other charitable			activities			212,224	2,0DQ	214,224
	Foodbank						81,780		81,780
							619,997	2,000	621,997

			2023	2022
			F	5
Independent Depreciation	Examiner's fee - owned assets		2,000 9,421	1,900 ~9229

There were no trustees' expenses paid for the 31 March 2022.	year ended 31 March 2023 nor for th	e year end
STAFF COSTS
	2023 f	2022
Wages and salaries Social security costs	354,496 25,900	331,922 20,832
Other pension costs	3263	5,648
	383,659	358,402

							2023	2022
							24	22
No	employees	received	emoluments	in	excess	ofF60,000.

	NOTES TO THE FINANCIAL STATEIIIIENTS - continued FOR THE YEAR ENDED 31 MARCH 2023	NOTES TO THE FINANCIAL STATEIIIIENTS - continued FOR THE YEAR ENDED 31 MARCH 2023	NOTES TO THE FINANCIAL STATEIIIIENTS - continued FOR THE YEAR ENDED 31 MARCH 2023
11.	COMPARATIVES FOR THE STATENIENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
			6
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		15,681		15,681
	Cha Stable activities
	Community Champions DYP			69,994 126,461	69,994 126,461
	Healthworks			145,000	145,000
	VIP			20,000	20,000
	Other charitable activities		93,087	84,058	177,145
	Foodbank			42,394	42,394
	Other trading activities Investment income		34,839 78		34,839 78
	Total		143,685	487,907	631,592
	EXPENDITURE ON
	Charitable activities
	Community Champions DYP			78,711 168,753	78,711 168,753
	Healthworks			136,605	136,605
	VIP Other charitable activities		124,890	18,500 46,096	18,500 170,986
	Foodbank			32,881	32,881
	Total		124,890	481,546	606,436
	NET INCOME		18,795	6,361	25,156
	Transfers between funds		10,836	~10,836)
	Net movement in funds		29,631	(4,475)	25,156
	RECONCILIATION OF FUNDS
	Total funds brought forward		192,914	173,718	366,632
	TOT'AL FUNDS CARRIED FORWARD		222,545	169,243	391,788

12,	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
				Improvements	Fixtures
				to	and	Computer
				property	fittings	equipment	Totals
				5	8	6	5
	COST
	At 1 April 2022			72,269	13,484	5,498	91,251
	Additions				1,702		1,702
	At 31 March 2023			72,269	15,186	5,498	92,953
	DEPRECIATION
	Al 1 April 2022			65,075	12,696	1,807	79,578
	Charge for year			7,194	1,128	1,099	9,421
	At 31 March 2023			72,269	13,824	~2906	88,999
	NET BOOK VALUE
	At 31 March 2023				1,362	2,592	3,954
	At 31 March 2022			7,194	788	3,691	11,673
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						2023	2022
						9	6
	Trade debtors					12,255	41,074
	Prepayments					4,747	4,739
						17,002	45,813
14.	CREDITORS'. AMOUNTS			FALLING DUE WITHIN ONE YEAR
						2023	2022
						F
	Other loans (see note	16)				6,648	8,683
	Trade creditors					2,127	8,047
	Social security and other		taxes			6,129	4,895
	Accruals and deferred	inoome				3,486	29,507
						18,390	49,132

		NOTES	TO THE FINANCIAL	TO THE FINANCIAL	STATENIENTS - continued
			FOR THE YEAR ENDED 31 MARCH 2023
15.	CREDITORS: AMOUNTS		FALLING DUE	AFTER MORE THAN ONE YEAR
						2023	2022
						f	6
	Other loans	(see note 16)					6,647
16.	LOANS
	An analysis	ofthe maturity	ofloans is given below:
						2023	2022
						6	6
	Amounts falling due witttin Other loans		one year on demand;			6,648	8,683
	Amounts falling between one and two years: Other loans - 1-2 years						6,647
17.	LEASING AGREEMENTS
	Minimum lease payments		under non-cancellable		operating leases fall due as	follows:
						2023	2022
						6	6
	Within one	year				2,808	5,616
18.	SECURED	DEBTS
	The following secured debts are included			within	creditors:
						2023	2022
						6
	Otherloans					6,648	15,330

MOVEMENT IN FUNDS
		Net
		movement	At
	At 1/4/22	in funds	31/3/23
		6	E
Unrestricted funds
General fund	222,545	(51,796)	170,749
Restricted funds
Healthworks RBKSC - DYP Community champions John Lyon's - DYP Kensington 8 Chelsea Foundation-	8,395 8,749 475 11,932	(8,272) (966) 26,004 (11,932)	123 7,783 26,479
VIP Landon Community Fund Grenfell-	(90)	7,044	6,954
DYP Westway Alternative Therapy Foodbank Ready Steady Cook - DYP Satellite - DYP Sport England - DYP City Bridge - DYP London Youth - DYP Clare Ferguson - VIP RBKC - VIP Westways Trust Isolation grant - VIP Big Give fund - foodbank	3,445 216 33,108 'I,OOO 3,375 5,910 10,922 5,759 556 5,500 1,493	(3,445) (216) 18,100 (1,000) (3,375) (5,910) (7,913) (5,759) (357) (5,500) (1,493) 24, 'I05	51,208 3,009 199 24,105
Capacity Building Change 4 Life Dalgarno ABC DYP GERF Paor Collective DYP Easter 2022 Foodbank Christmas fundraiser Health Digital Diabetes Inclusion	5,000 1,764 (646) 1,066 3,093 17,781	(3,260) (1,663) 3,094 (1,066) (3,093) (17,781)	1,740 101 2,448
Project Health NK Self Care Digital Household Support RBKC KT Dalgarno Boxing Event Mayor Community Speaces RBKC Omicron RBKC Community Protects Dalgarno Street party / Events Community Champions (HIU) DYP - Dalgamo Holiday Camps DYP —Awards far All DYP —Sheldon Trust Campden Charities John Lyons - Toilet Refurbishment KCSC - Digital Champions for BAME NHS - Health Winter DYP Prajecls and Equipment	8,735 5,517 9,842 2,360 12,376 1,071 539	(8,735) (5,196) (650) (1,919) 15,000 (1,071) (539) 2,453 4,552 8,227 10,000 8,207 6,000 25,000 6,800 7,330 233	321 9,192 441 27,376 2,453 4,552 8,227 10,000 8,207 6,000 25,000 6,800 7,330 233
DYP - Core		25,000	25,000
	169,243	96,038	265,281
TOTAL FUNDS	391,788	44,242	436,030

Net movement in funds, included in the above are	as follows:
	incoming	Resources	Movement
	resources 5	expended f	in funds
Unrestricted funds
General fund	92,863	(144,659)	(51,796)
Restricted funds
Healthworks	147,075	(155,347}	(8,272)
RBKLC - DYP	40,000	(40,966)	(966)
Communily champions John Lyon's - DYP	64,677	(38,673) (11,932)	26,004 (11,932)
Kensington &Chelsea Foundation- VIP	20,000	(12,956)	7,044
London Community Fund Grenfell- DYP	1,500	(4,945)	(3,445)
Westway Alternative Therapy Foodbank	82,099	(216) (63,999)	(216) 18,100
Ready Steady Cook- DYP Satellite - DYP		(1,000) (3,375)	(1,000} (3,375)
Sport England - DYP City Bridge - DYP London Youth - DYP		(5,910) (7,913) (5,759)	(5,910) (7,913) (5,759)
Clare Ferguson - VIP RBKC - VIP		(357) (5,500)	(357) (5,500)
Westways Trust Isolation grant - VIP Big Give fund -foodbank Capacity BuIlding Change 4 Life Dslgamo ABC DYP GERF Poor Collective	24,105 1,000 4,320	(1,493) (3,260) (2,663) (1,226) (1,066)	(1,493) 24,105 (3,260) (1,663) 3,094 (1,066)
DYP HAF Summer 2021	17,755	(17,755)
DYP Easter 2022	1,100	(4,193)	(3,093)
Foodbank Christmas fundraiser		(17,781)	(17,781)
Health Digital Diabetes Inclusion Project Health NK SelfCare Digital	10,000 12,225	(18,735) (17,421)	(8,735) (5,196)
Household Support RBKC KT Dalgarno Boxing Event Mayor Community Speaces RBKC Omicron	15,000	(650) (1,919) (1,071)	(660) (1,919) 15,000 (1,071)
RBKC Community Protects Dalgarno Street party / Events Community Champions (HIU) DYP - Dalgarno Holiday Camps Black History Month DYP - Awards for All	13,450 4,550 6,000 13,020 1,000 10,000	(13,989) (2,097) (1,448) (4,793) (1,000)	(539) 2,453 4,552 8,227 10,000
DYP - Sheldon Trust	10,000	(1,793)	8,207
Campden Chartties John Lyons - Toilet Refurbishment KCSC —Digital Champions for BAME lvHS - Health Winter	6,000 25,000 8,000 10,000	(1,200) (2,670)	6,000 25,000 6,800 7,330
DYP Projects and Equipment DYP - Core	500 25,000	(267)	233 25,000
	573,376	(477,338)	96,038

MOVEMENT IN FUNDS - continued	MOVEMENT IN FUNDS - continued
TOTAL FUNDS			666,239	(621,997)	44,242
Comparatives for movement	in funds
			Net	Transfers
			movement	between	At
		At 1/4/21 f	in funds	funds f	31/3/22
Unrestricted funds
General fund		192,914	18,795	10,836	222,545
Restricted funds
Healthworks RBK&C - DYP Community champions John Lyon's - DYP The Grove Trust SNB- DYP Kensington &Chelsea Foundation-		2,859 9,192 9,214 7,762 1,897	8,395 5,890 (8,717) 2,718 (7,762) (1,897)		8,395 8,749 475 11,932
VIP London Community Fund Grenfell-		(1,101)	1,011		(90)
DYP Westway Alternative Therapy Foodbank iwiil —DYP Kitchen Social —DYP Ready Steady Cook —DYP Satellite - DYP Sport England - DYP Sported —DYP City Bridge - DYP London Youth - DYP London Community Relief Fund Clare Ferguson - VIP	—DYP	13,283 1,050 15,888 9,978 1,587 1,000 3,375 5,910 2,653 41,650 3,900 10,836 230	(9,838) (834) 17,220 (9,978) (1,587) (2,653) (30,728) 1,859 326	(10,836)	3,445 216 33,108 1,000 3,375 5,910 10,922 5,759 556
RBKC - VIP Westways Trust Isolation grant Big Give fund - foodbank NYCK —DYP Capacity Building Change 4 Life Dalgarno ABC DYP GERF Poor Collective DYP Easter 2022 Foodbank Christmas fundraiser Health Digital Diabetes Inclusion	- VIP	4,330 2,500 25,488 237	1,170 (1,007) (25,488) (237) 5,000 1,764 (646) 1,066 3,093 17,781		5,500 1,493 5,000 1,764 (646) 1,066 3,093 17,781
Project Health NK Self Care Digital Household Support RBKC KT Dalgarno Boxing Event Mayor Community Speaces RBKC Omicron RBKC Community Protects			8,735 5,517 9,842 2,360 12,376 1,071 539		8,735 5,517 9,842 2,360 12,376 1,071 539
		173,718	6 361	~10,836	169243
TOTAL FUNDS		366,632	25,156		391,788