REGISTERED COMPANY NUMBER: 05093320 (England and Wales)
REGISTERED CHARITY NUMBER: 1105119
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS8
FOR THE YEAR ENDED 31 MARCH 2024
FOR
DALGARNO TRUST
Haines Watts
Chartered Accountants
Old Station House
Station Approach
Swindon
Wiltshire
SN13DU

DALGARNO TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Examiner's Report
Staternent of Financial Activities
10
Statement of Financial Position
Statement of Cash Flows
12
Notes to the Statement of Cash Flows
13
Notes to the Financial Statements
14 to 26

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present thelr
reportwith the financial statements ofthe charity for the year ended 31 March 2024. The trustees h3ve adopted
the provisions ol Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo
charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The overarching aim of the Dalgarno Trust is to improve lives in North Kensington. The objectives of the Trust
are to benefit the public in the Dalgarno ward, the Royal Borough of Kensington and Chelse2 and the wider
area, without distinction of race, gender, sexual orientation, political or ieligious beliefs or other opinions, by
associating the public, voluntary and private sector organisations and residents in a common effort..
l. To provide or improve facilities for community, social, recreational, sporting and other leisure-time
occupation in the interests of Social welfare with the object of improving the conditions of life of inhabitants in
the area of benefit and in adjoining local authority areas (including the protection and improvement of their
health).
2. To advance education for the public and to provide, or help lo prowde, opportunities for education, training,
work experience and access to employment or self-employment and to advice seTvices, particularly among
unemployed people and people suffering financial hardship or social exdu5ion.
3. To develop the capacity and skills of members of socially disadvantaged communities within the area of
benefit in such a way that they are better able to identify and help meet their needs and participate more fully
in society.
4. To promote the improvement of ihe physul and natural environment and access to open space for the
benefit of the public.
S. To undertake other charitable aclivities for the general benefil of the public.
Signiflcant activltles
A brief summary of the principal slreams of work undertaken by the Trust is as follows-.
Health programme - this includes Heallhworks Enables. Community Champions and the Emotional
Wellbeing Programme.
Youth programrrB - there are regular weekly sessions for ages 7 to 19 years offering boxercise,
football, drama and youth club activities. We also run activity camps during the schools. holidays.
Education, learning & employmenl programmes - this includes Digital Champions Programme helping
bridge the gap of digital inclusion, and other learning opportunities.
Helping people Ihrough economic inequality - this includes ourweekly foodbank supporting more than
150 people and their farnilies in our local community through each session.
Public benefit
Having consulted the latest Charity Commission guidance about public benefit, the Trustees are confident that
the work of the Trust remalns fully compliant with the principles established by the Commissioners
Page 1

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Achievement and performance
Charitable activities
Dalgarno Trust is growing from strength to strength, rnainLqining a strong and commilled vision in helping
people within its community and surrounding areas. We strive for belter health outcomes. increasing
opportunities and developing services in response to the needs of our service users. In this repoTling year,
programmes, services and activities have reinforced our ethos and continue to grow.
We remain indebted to the Incredib￿ selfless support of our volunteers, with consistent numbers helping with
the weekly foodbank, our Communily Champions Project, weekly boxing sessions and other programmes. In
2023124, our volunteers clocked up over 6167 hours. equivalent to a saving of £81,096 (based on London
Living Wage 2024).
Our weekly foodbank continued lo receive donab'ons from Felix, City Harvest, M&S, Lidl, Pret a Manger and
Salnsbury's as well as regular donations from individuals and trusts as well as the Ismaili Centre in South
Kensington and Holy Trinity Brompton Church. We raised over £25,000 in yet another successful Big Give
Christmas fundraising campaign in December 2023. match funded by the Childhood Trust, which helped
sustain the foodbank through the cost of living crisis.
Heallhworks Enables is one of our funded projects to improve health and wellbeing, encourage physical
activity and help overcome loneliness. In this year we increased the number of partners we work with from 9
to 11 (including DT) working collaboratÉvety to foster diversity and inclusion in Kensington & Chelsea. The
events and activities covered physical activities, well-being and self-empowerment sessions. The Emotional
Well-being programme (previously known as Volunteering in Partnership VIP), merged with Healthworks
Enables to deliver specific intervention lo people experiencing loneliness and isolation by offering weekly
engagement of activities and creative programmes, supported by the Kensington and Chelsea Foundation.
The Community Champions project Seeks to recruit residents to become positive role models and champions
within their own communities. offering volunteering placements, training and other opportunities. In this year,
we expanded the programme through apprenticeship placements developed by RBKCIWestminster Council
based in hubs funded throLtgh the programme. In May 2023, Dalgarno Trust hosted a placement for a
Community Champions Apprentice providing an employment and training opportunity for a local resident over
a 15-month placement. Weekly activities for Ihe programme were maintained through sewing classes, ESOL,
walking groups and Chair-BasedlZumba exercise. The Maternity Champions project was enhanced with
additional provision of a music sensory programme for babie5, a mum's club (working in partnership with
Change4Life) as well as weekly stay and plai/ sessions, and baby massage. Regular attendance by an RBKC
Health Visltor proved popular, offering an important service. The interventions helped new mothers build their
own supportive S￿la] ne￿Ork through the early years of pafenthood.
The Digital Champions programme received ongoing funding for another year to run weekly drop-ins and
outreach to help people access the digital world. The programme also aims to help people use the NHS online
service so that they can set up GP appointmenls and order prescriptions. Supported by the NHS ar)d
Kensington & Chelsea Social Council the programme expanded to deliver sessions in local GP surgeries and
other partner organisations in North Kensinglon. New partnerships formed with the RBKC Digital Inclusion
NeMork enabled greater growth and visibility for the programme where it continues to bridge a wide gap of
people who are excluded from digital awareness and ac￿sS.
The Dalgarno Youth Programme IDYP) is our fastest developing provision in 2023-24 reflecting a growing
demand for the high-quality service we provide for children and young people. Our registered numbers grew
this year to 6001500 in previous year). The weekly afterschool activities are well attended offering football,
healthy eating: guitar lessons, muli-spoits. mathslEnglish tuition and Ihe introduction of girls-onty fitrness
sessions. The Dalgarno Amateur Boxing Club. affiliated to the Amateur Boxing A1118n¢e (ABA, is our most
popular provision, with several championship wins for the club in 2023. A fundraiser was hosted at the club in
November 2023 attended by other local and nalional members of the ABA promoting further visibility of the
centre and our championship boxers.
Page 2

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
A Ihriving new partnership has been established with the new owners of Ladbroke Hall. The new local business
owner and entrepreneur, Loic Le Gaillard, has taken a keen interest in the boxing club and wider provision at
Dalgarno Trust, offering exclusive support which has included the design of our new boxing club logo and a
collapsible full siLe boxing ring funded through a photography evenl by world renowned photographer, Jamle
Morgan, who selected Dalgarno Trust as their sponsorship charity of choi￿.
During the school holidays we ran activity camps for young people. We received financial support from the
John Lyon's Charity. the Holiday Activity Fund (RBKC) and Kitchen Social (Mayor's Fund) as well as many
other funders and supporters. We had the pleasure and honour ofworking with Alison Jackson again this year
where our young talented photographers were exposed to incredible opporltsnilies like taking pictures at a
Chelsea football match.
Supported by the Trustees and led by the CEO, Dalgarno Trust is committed to the development and improved
standards of its work, none of which would be possible without the Dalgaino Trust staff team and volunteers,
including the sessional staff required to delNer the children's holiday camps. We have made multiple
enhancements to the centre such a brand new industrial kitchen, new toilets, and improved energy efficiency
around the building.
Page 3

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Financial revlew
Flnancial position
The financial position Df the charity al the year-end is set out on page 11.
Principal funding sources
The principal SOLJrces of funding for the Trust in pericMJ.'
Royal Borough of Kensington & Chelsea
West London CCG NHS
John Lyon's Charity
Lightbulb Trust
Kensington and Chelsea Foundation
The National Lottery Community Fund
Kensington and Chelsea Social Council
The Julia and Hans Rausing Trust
The Mikheev Charitable Trust
Young K&C
Childhood Trust
Astra Foundation
The Garfield Weston Foundation
Postcode Society
The Hedley Foundation
London Sport
North Kensington Community Energy
Westway Trust
Our well-established relationships with the above organisatR)ns and colleagues are the mainstay of funding
requests, with in-kind support from Salesforce, and NeighbourEy- We are always exploring new sources of
funding and by the nature of our work in the local area, these include local charities as well as some local
associations and individuals.
Investment policy and objectives
The Trustees continue to aspire to the establishment of an investment portfolio from which the Trust cou5d
derive income. As and when the charity's financial stability increase5 the Trustees still intend to examine the
possibilities for investment in the longer lerm bul not as a priority.
Page 4

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
Reserves policy
The Trust has total reserves at the year-end of £529.896 (2023 £436.0301- The Trustees wish to hold
approximately 6 months of core expenditure in reserve. We are pleased to have maintained this during the
course of the past year. Of ihe total reserves held at the year end £295.574 (2023 £265,281) are held in
restricted funds.
Al the year end the Trust has free reserves (unrestricted funds not tied up in fixed assets) of £231.341 (2023
£166,795).
Page 5

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Future Activities and Aims
During 2023124, we were able to run our full programmes and services.
Throughout this year, our strong and resilient leam of staff and committed volunteers provided the foundations
on which lo deliver impaclfuS services which resulted in positive outcomes for our residents and wider
communitie5.
Our aim over the next year is to continue engaging our seivices users across different platforms that will meet
the varied needs of individuals and families. Our focus is aimed at developing our existing provisions and
creating new programmes that meet the needs of our Servi￿ users.
Future plans will seek to include increasing our ne￿orkS and partnerships and to build upon our work with
existing partners such as the NHS, London Youth, the Kensington Foundation, The Childhood Trust who
supporled our Big Gwe Christmas Campaign and the RBKC & Westminster Chamber ofcommerce to enhance
our relationships within the private busines5 and corporate landscape.
Next year marks the 20th anniversary of Dalgamo Trust when we pSan to hold year-round celebrations of our
work to dale.11 also marks a pivotal point in exploring our direction and vision for the future against challenging
funding landscapes. Trustees will work closely with the CEO and wider leam to develop a new strategic plan
that will seek lo align with the needs of our Servi￿ users and explore how we can work together to become
better and stronger.
A8 parl of the strategic plan. we have reviewed our existing staffing stnjcture and will be seeking to intioduce
a completely new role to the organisalion as Head of Programme who will sit within the Senior Managemenl
Team to oversee programme rnanagers and services. At the moment this work lies with the CEO which we
have identified as a risk lo the organisation due to the volume ofwork required to navigate the daily HR matters
and service delivery.
Further developments are planned for the Dalgarno Youth Programme in line with growlng need for this
provision, We are seeking to increase our capacity and team by building in two new parl-time youth workers
to oversee two new youth clubs which we plan lo have in place twice a week. one specifically for girls,
We are exploring newways ofimproving our building to offer new and upgraded facilities to the local community
as this Is the only community facility available to them, with over 7000 residents living on our doorstep.
FollowTng refurbishment of our kitchen and toilets, we are looking at other improvements such as our sports
hall and café area lo offer residents a space where they can come together, share a coffee and build
relationships with neighbours and friends.
We have continued seeking opportunities lo consider a complete redevelopment of the outdated and
dilapidated outside football pitGh at the back of our building with the view that this would improve the external
facilities and create an important revenue stream for the trust. If we can develop the sile to a state-of-the-art
football facility which can also double up as a netball and basketball court, we would increase the use of the
space to a wider audience thus raising the profile of the centre and attracting a new cohort of people ac￿ssIng
the space.
Support from our local authority is paramount to helping us to continue to achieve our aim5 and whi15t
Iluctuating funding and time-consuming monitoring reports remain an ongoing challenge, our brilliant staffing
team remains determined and committed in building upon the vital support programmes we deliver to our
residents, families, 2nd communities. 11 is however imperative that funders recognise the repLJlable services
we deliver and consider long-term secure funding programmes that will enable us to really focus on what we
are best at- improving the lives of people in North Kensington.
Page 6

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is d charity and company limited by guarantee, incorporated on 5th April 2004 and registered
as charity on 26th July 2004. The company was established under a Memorandum of Association, which
established the objects and power of the charily and is governed under ils Artscles of Association. In the event
of the ¢ompanylcharity being wound up Trust Board members are required lo contribute an amount not
exceeding £10.
The Trust Board has overa51 authority for the charity, determining its strategic direction and ensuring the annual
report complies with both Company and charity laivs. The Trust Board meets at a minimum on a quarterly
basis. The Trust Board recruits new people to join the Board through advertising and invitation.
All new trustees are provided with information about the rdes and responsibilities of the Trust Board. They are
invited to meot the staff at the centre and hear about the range of activities on offer. The Trust Board seeks to
ensure that Ihe needs of the different user groups are represented.
We recruit Trust Board members with appropriate expertise and links to the community.
The Directors of the Company are also charity Trustees for the purposes of charily law and under the
company's Articles are known as members of the Trust Board. Under the requirements of the Memorandum
and the Articles of AssoGiation the members of the Trustee Board are elected to serve for a period of three
years after which they must be re-elected. One third of the longest serving commiltee members will retire every
year.
The Trust Board is responsible for overall governance. It is also reswjnsible for keeping financial records which
disclose the financial position of the charity.
The day lo day running of Ihe Trust Is delegated to the Chief Executive who reporis to the Chair of the Trust
Board. Key management remuneration is set by reference lo market conditions. Esma Dukali is the Chief
Executive Officer.
Related partles
The charity works as a multi-agency, multi-disciplinary or9anisation in pailnership with a variety of local
statutory and voluntary sector providers in order to provide lis programmes. services and projects.
Risk management
The Trust BoaTd with the Chief Executive reviews the risks the Trust faces on a regular basis. Reviews of the
onlrols of the financial systems have shown that sufficient resources should continue to be maintained in the
event of adverse fundraising condtlions. Other operational and business risks faced by the Trust are actively
managed to mitigale significant issues arising. An annual Health & Safety inspection is undertaken by an
independent service called WorkNesl who also provide ernployment law and advice on all HR matters. The
Trust works to BSI ISO 9001 and this ensures that the highest possible standards are mairitained.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05093320 {England and Wales)
Registered Charity number
1105119
Registered office
I Webb Close
Dalgarno Way
London
W10 5QB
Page 7

DALGARNO TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Mr C J Griffin
Mr S Divall
Ms H Darnell
Ms L Hughes
Mr A M l Mohamed
Ms M Poponne
Mr P Sharma
Ms P Tavridaki (resigned 2.1.24}
Ms A Whitworlh (resigned 5.12.23)
Mr A G A Ranawake- Chair of Tnjstees
Independent Examlner
Susan PILsmb ACA
Haines Walls
ChaTlered Accountants
Old Station House
Station Approach
Swindon
Wiltshire
SN13DU
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the
company directors, on 26 November 2024 and signed on Ihe board's behalf by:
MrA
anawake- Chair of Trustees
Page 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
DALGARNO TRUST
Independent examinels report to the trustees of Dalgarno Trust I'the Company,)
I report to the charity trustees on my examination of Ihe accounlg of Ihe Company for the year ended
31 March 2024.
Responsibilities and basis of report
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 accounts in accordance with the requirements of the Companies Act
2006 {'Ihe 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 independent examinats'on, I report in respect of my exarnination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my
examination I have followed the DireGlions given by the Charity Commission under Section 14515) (b) of the
2011 Act.
Indep9ndent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake ihe examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have compleled my examination. I confirm that no matters have come to my atlention in connection wlth the
examination glving 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 ac¢ounts do not accord with those records-, or
the accounts do not comply with the accounting requiremenis of Section 396 of the 2006 Act other than
any requirement that the accounts give a true and fair view which is not a matter considèred as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and princlples of the Statement
of Recommended Practice for accounting and reporling by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Stand8rd applicable in the UK and Republic
of Ireland {FRS 102}J,
I have no concerns and have come across no olher matters in connection with the examination lo which
attention should be drawn in this report in or(ler to enable a proper understanding of the accounts to be
reached.
RLa ACA
Susan Plumb ACA
The Institute of Chartered Accountants in England and Wales
Haines Watts
Chartered Accountants
Old Station House
station Appioach
Swindon
Wiltshire
SN13DU
Date..
S Oo¢,.......Lo. ILf
Page 9

DALGARNO TRUST
STATEMENT OF FINANCIAL ACTIVITIES
IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
91,564
91,564
38,286
Charltable activities
Communlty Champions
DYP
Healthworks
vip
Other charitable activities
Foodbank
97,665
68,766
161,560
97.665
68,766
161,560
70,677
118,875
147,075
20,000
157,290
82,099
86,569
162,939
100,171
249,508
100,171
Other trading activities
Investment income
38.411
6.093
38,411
6,093
30,128
1,809
Tolal
591.101
813,738
666,239
EXPENDITURE ON
Charitable activities
Community Champions
DYP
Healthworks
vip
other charitable activities
Foodbank
85,765
107,119
164,082
85,765
107.119
164,082
38,673
111.667
155,347
20,306
214,224
81,780
144,736
147,874
70,296
292.610
70,296
Total
144.736
575,136
719,872
621,997
NET INCOME
Transfers between funds
77,901
14,328}
15,965
14.328
93,866
44.242
18
Net movemènt in funds
63,573
30,293
93,866
44,242
RECONCILIATION OF FUNDS
Total funds brought fomard
170,749
265,281
436,030
391,788
TOTAL FUNDS CARRIED FORWARD
234,322
295,574
529,896
436,030
The notes form part of these financial slalement5
Page 10

DALGARNO TRUST
STATEMENT OF FINANCIAL POSITION
31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricled
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
12
2,981
2,981
3,954
CURRENT ASSETS
Debtors
Cash at bank
13
18.293
232 808
18.293
588,382
17,002
433 464
355 574
251.101
355,574
606,675
450,466
CREDITORS
Amounts falling due within one year
14
(19,760)
(60,000)
(79,760)
{18,390)
NET CURRENT ASSETS
231.341
295,574
526,915
432 076
TOTAL ASSETS LESS CURRENT
LIABILITIES
234,322
295.574
529,896
436,030
NET ASSETS
234,322
295,574
529.898
436,030
FUNDS
Unrestricted funds
Restricted funds
18
234,322
295.S74
170,749
265 281
TOTAL FUNDS
529,896
436,030
The charitable company is entitled lo exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 March 2024.
The members have not required the company to obtaln an audit of its financial statements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Acl 2006.
The trustees acknowledge their responsibilities for
la}
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
{b) preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as al the end of each financial year and of its surplus or deficit for each financial year in
accordanGe with the requirements of SeCt￿n$ 394 and 395 and which otherwise comply with the
requlrements of the Companies AGI 2006 relating to financial stalements, so far as applicable to the
charitable company.
Tho financial statements were approved by the Board of Trustees and authorised for issue on 26 November
2024 and were signed on Its behalf by:
anawake- Chair o
Trustees
The notes form part of these financial siatements
Page11

DALGARNO TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash generaled from operations
157,333
51,959
Net cash provided by operating actr￿ltieS
157 333
51,959
Cash ftows from investing actlvities
Purchase of tangible fixed assets
Interest received
(1,860)
6,093
{1,7021
Net cash provided by investing activities
107
Cash flows from financing activities
Loan repayments in year
6,648)
8,883
Net cash used in financing activities
6.648)
Change In cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
154.918
43,383
433,464
390 081
Cash and cash equivalents at the end
of the reporting period
588,382
433,464
The notes form parl of these financial statements
Page 12

DALGARNO TRUST
NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2023
2024
Net income for the reporting period las per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest re¢eived
(Increase)Idecrease In debtors
Increasel{decrease) in creditors
93,866
44,242
2,833
(6,0931
11,291)
68 018
9,421
{1,8091
28,811
28,7061
Net cash provided by operations
157,333
51,959
ANALYSIS OF CHANGES IN NET FUNDS
At 114123
Cash flow
At 3113124
Net cash
Cash at bank
433,464
154918
588.382
433.464
588,382
Debt
Debts falling due within 1 year
6.648)
6,648
Total
426 816
161,566
588,382
The notes fomi part of these financial statements
Page 13

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing the financlal statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance viith the Charities SORP {FRS 102) 'Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 {effective 1 January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical c05t convention.
Going concern
There are no material uncertainties around the Charity's ability to conlinue as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the Charity has enlillement lo the
ftjnds, it is probable that the income will be received. and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or conslructive obligation committing
the charity to that expenditure, it is probable that a transfer of economic benefits will be required in
selllement and the amount of the obligation can be measured reliably. Expenditure is accounted for on
an accruals basis and has been classified under headings that aggregate all cost related lo the category.
Where costs cannot be directly attributed to particular headings they have been allocated to activities
on a basis consistent with the use of resources.
Tallgible flxed assets
Depreciation is provided at the following annual rate5 in order to write off each asset over its eslimaled
useful life.
Improvemenls to property
Fixtures and filts'ngs
10°A on cost
20'k on cost
Taxation
The charity is exempt from corporation lax on tts charitable activities.
Fund accountlng
Unrestricted funds can be used in accordan￿ with the ¢haritable objectives at the discretion of the
trustees.
Restricted funds can onty be used for particular restricted purposes within Ihe objects of the charity,
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes lo the financial
statements.
Pension costs and other post-retirement benerrts
The charitable company operates a defined cOntribut￿n pension scheme. Contributions payable to the
charitable company's pension SGheme are charged to the Statement of Financial Activilies in the period
to which they relate.
Page 14
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
91.564
38,286
OTHER TRADING ACTIVITIES
2024
2023
Room hire
38,411
30.128
INVESTMENT INCOME
2024
2023
Deposit account interest
6,093
1,809
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activiiy
Community Champions
97,666
70,677
DYP
68,766
118,875
Healthworks
161,560
147,075
vip
20,000
other Gharitable activities
249,508
157,290
Foodbank
100,171
677,670
596,016
CHARITABLE ACTIVITIES COSTS
Support
Costs (see
note 7)
Direct
Costs
Tolals
Community Champions
DYP
Healthworks
vip
other charitable activities
Foodbank
85,766
107,119
156,929
7,153
290,210
85,765
107,119
156,929
7.153
292,610
70,296
2,400
717,472
719 872
Page 15
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Governance
costs
Other charitable activitie5
2,400
NET INCOMEI{EXPENDITURE)
Nel incomel(expendilure) is stated after chargingllcrediling)..
2024
2023
Independent Examinels fee
Depreciation- owned assets
2,400
2,833
2,000
9,421
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneratton or other benefits for the year ended 31 March 2Q24 nor for the
year ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
10. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
other pension costs
344,865
25,169
3,161
354,496
25,900
373.195
383,659
Termination payments of £nil12023 £17.5001 are included in wages and salaries above.
Key management personnel include all persons that have authority and responsibility for planning.
directing and controlling the activities of the charity. The total compensation paid to key management
personnel for services provided to the charity was £57,073 (2023.. £50,885).
The average monthly number of employees during the year was as follows..
2024
2023
19
24
No employees received emoluments in excess of £GO,000.
Page 16
conlinued,..

DALGARNO TRUST
NOTES TO THE FINANCIAL STATENIENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
38,286
38,286
Charitable actlvities
Community Champions
DYP
Heallhworks
vip
Other charitable activities
Foodbank
70,677
118,875
147,075
20,000
134,650
82,099
70,677
118,875
147,075
20,000
157,290
82,099
22,640
Olher trading activities
Investment income
30,128
1,809
30,128
1,809
Total
92,863
573,376
666,239
EXPENDITURE ON
Charitable activities
Community Champions
DYP
Healthworks
vip
other charitable activities
Foodbank
38,673
111,667
155,347
20,306
69,565
81,780
38,673
111,667
155,347
20,306
214,224
81,780
144,659
Total
144,659
477,338
621.997
NET INCOMEI{EXPENDITURE}
{51,796)
96,038
44,242
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
222,545
169.243
391,788
TOTAL FUNDS CARRIED FORWARD
170,749
265,281
436,030
Page 17
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
12. TANG18LE FIXED ASSETS
Improvements
to
property
Fixtures
and
fittings
Computer
equipment
Totals
COST
At 1 April 2023
Additions
72,269
15.186
5,498
1,860
92,953
1,860
At 31 March 2024
72.269
15,186
7,35B
94,813
DEPRECIATION
At 1 April 2023
Charge for year
72,269
13,824
1,362
2,906
88,999
2,833
At 31 March 2024
72,269
15,186
4.377
91,832
NET BOOK VALUE
At 31 March 2024
2.981
2,981
At 31 March 2023
1,362
3,954
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments
18,157
136
12,255
4,747
18,293
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other loans Isee note 15)
Trade crodilors
Social security and other taxes
Accruals and deferred income
6,648
2,127
6,129
3,486
7,185
9,473
63,102
79,760
18,390
Included in accruals and deferred income is £60.000 of deferred income which relates to projects to be
delivered In 202412025 year end.
Page 18
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
15. LOANS
An analysis of the maturity of loans is given below..
2024
2023
Amounts falling due within one year on demand..
Other loans
6,648
16. LEASING AGREEMENTS
Minimum lease paymenls under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Within two to five years
1,595
4,786
2,808
17. SECURED DEBTS
The loan detailed in note 15 was from the Comrnunity Builders Fund. It was repayable over a period of
10 years with interest being charged at 5¥0 per annum. 11 was secured by a fixed charge over the
leasehold property known as the Dalgarno Community Centre. This has now been repaid in full.
Page 19
continued.

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARGH 2024
18. MOVEMENT IN FUNDS
Nel
rrrf)vement
in funds
Transfers
behveen
funds
At
3113124
Al 114123
Unrestricted funds
General fund
170,749
77,901
(14,328}
234,322
Restricted funds
Heallhworks
RBK&C - DYP
Community Champions
K&C Foundation - VIP
Foodbank
City Bridge- DYP
Clare Ferguson - VIP
Big Give fund- foodbank
Capacity Building
Change 4 Life
Dalgarno ABC
Health NK Self Care Digital
Household Suppoit RBKC
KT Dalgarno Boxing Event
RBKC Community Protects
Dalgarno Street party l Events
Community Champions {HlU)
DYP- Dalgamo Holiday Camps
DYP - Awards for All
DYP - Sheldon Trust
Campden Charities
John Lyons - Toilet Refurbishment
KCSC - Digital Champions for BAME
NHS- Health Winler
DYP Projects and Equipment
DYP - Core
Communily Champion Apprenticeship
Father's Make A Differen
123
7.783
26.479
6.954
51.208
3,009
199
24,105
1,740
101
2,448
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
25,000
4,631
(5,2761
(1,056)
(6,954)
32,736
13,009)
{199)
12,861 }
{1,740)
{101}
12,777
(321)
(481)
{441)
(27,376)
(2.241)
3,370
(2,555}
(7,276)
(3,0321
7,500
(25,0001
1,923
{605)
22.795
4,754
2,507
25,423
83,944
21,244
15,225
8,711
212
7,922
20,000
2,724
5,175
13,500
14,328
8,723
6,725
48,028
25,000
(25.000)
9,586
11,171
9,586
11,171
265 281
14.328
295,574
TOTAL FUNDS
436,030
93,866
529,896
Page 20
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
18. MOVEMENT IN FUNDS - continued
Net Movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
222,637
{144,736)
77,901
Restricted funds
Healthworks
RBK&C - DYP
Community Champions
K&C Foundation - VIP
Foodbank
City Bridge- DYP
Clare Ferguson - VIP
Big Give fund - foodbank
Capacity Building
Change 4 Llfe
Dalgarno ABC
Health NK Self Care Digital
Household Support RBKC
KT Dalgarno Boxing Event
RBKC Community Protects
Dalgarno Slreet party l Events
Community Champions (HlU}
DYP - Dalgarno Holiday Camps
DYP - Awards for All
DYP - Sheldon Trust
Campden Charities
John Lyons- Toilet Refurbishmenl
KCSC - Digital Champion5 for BAME
NHS - Health Winter
DYP Projects and Equipment
Community Champion Apprenticeship
Father's Make A Difference
Black History Month
Comrnunily Organisations C05t of
Living Fund
161,560
37,100
58.155
(156,929)
(42,3761
(59,211}
16,954)
<37,139)
(3,009}
(199)
(33.157)
(1,740)
{101)
(2,362>
(321)
(481)
(441)
{38,392J
(2,271)
(2,630)
(23,495)
17,276)
(13,032)
4,631
(5,2761
(1,0561
16,954)
32,736
13,0091
(199)
12,861)
(1,7401
{1011
12,777
(321)
{481)
(4411
(27,3761
(2,241)
3,370
(2,5551
(7,276}
(3.032)
7,600
(25.000)
1.923
{605}
22,795
9,586
11,171
69.875
30,296
15,139
11,016
30
6,000
20,940
10,000
7,500
(25,000)
(25,745)
11,855)
(17,9311
(23,924}
(5,534)
(1,000)
27.668
1,250
40,726
33.510
16,705
1.000
42,631
42,631)
591.101
575,136
TOTAL FUNDS
813.738
719,872)
93,866
Page 21
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
18. MOVEMENT IN FUNDS- continued
Net
movement
in fvnds
At
3113123
At 114122
Unrestricted funds
General fund
222,545
151,796)
170,749
Restricted funds
Heallhworks
RBK&C - DYP
Community Champions
John Lyon's - DYP
K&C Foundation - VIP
London Community Fund Grenfell -
DYP
WesNvay 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
Capacity Building
Change 4 Life
Dalgarno ABC
DYP GERF Poor Collective
DYP Easter 2022
Foodbank Christmas fundraiser
Health Digital Diabetes Inclusion
Project
Health NK Self Care Digital
Household Support RBKC
KT Dalgarno Boxing Event
Mayor Community Spaces
RBKC Omicron
RBKC Community Protects
Dalgarno Street parly l Events
Community Champions {HlUI
DYP- Dalgamo Holiday Camps
DYP- Awards for All
DYP- Sheldon Trust
Campden Charities
John Lyons - Toilet Refurblshment
KCSC - Digital Champions for BAME
NHS- Health Winter
DYP_Projects and Equipment
DYP- Core
8,395
8,749
475
11,932
(90)
(8,272)
(966)
26,004
(11.932)
7.044
123
7,783
26,479
6,954
3,445
216
33,108
1,000
3,375
5,910
10,922
5,759
556
5,500
1,493
(3,445)
{216)
18,100
(1,0001
{3,3751
(5,910)
17,913}
(5,759)
1357)
(5,500)
{1,493)
24,105
{3,2601
11,6631
3,094
11,0661
13,0931
{17,781}
51,208
3,009
199
24,105
1,740
101
2,448
5,000
1,764
(646)
1.066
3.093
17,781
8.735
5.517
9,842
2,360
12,376
1,071
539
18,735}
15.196)
(650)
11,919)
15,000
(1,071)
1539)
2,453
4,552
8,227
10,000
8,207
6,000
25,000
6.800
7,330
233
25,000
321
9,192
44fj
27,376
2,453
4,552
8,227
10,000
8,207
6,000
25,000
6,800
7,330
233
25,000
169,243
96,038
265 281
TOTAL FUNDS
Page 23
continued..

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
18.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are a5 follows.
Incomirsg
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
92,863
(144,659)
(51,7961
Restricted fund5
Healthworks
RBK&C- DYP
Community Champions
John Lyon's - DYP
K&C Foundation - VIP
London community Fund Grenfell-
DYP
Weshvay Alternalive Therapy
Foodbank
Ready Steady Cook- DYP
Satellite - DYP
Sport England - DYP
City Bridge - DYP
London Youth - DYP
Clare Ferguson - VIP
RBKC- VIP
wes￿ayS Trust Isolation grant- vip
Big Give fund - foodbank
Capacily Building
Change 4 Life
Dalgarno ABC
DYP GERF Poor Collective
DYP HAF Summer 2021
DYP Easter 2022
Foodbank Christmas fundraiser
Health Digital Diabetes Inclusion
Project
Health NK Self Care Digilal
Household Support RBKC
Dalgarno Boxing Event
Mayor Community Spaces
RBKC Omicron
RBKC Community Prolecls
Dalgarno Street party l Events
Community Champions {HlU)
DYP - Dalgarno Holiday Camps
Black History Month
DYP - Awards for All
DYP - Sheldon TFUSt
Campden Charities
John Lyons- Toilet Refurbishment
KCSC - Digital Champions for BAME
NHS- Health Winter
DYP Projects and Equipment
DYP - Core
147,075
40,000
64,677
(155,347)
140,966)
(38,673)
(11,932)
(12,956)
18,272}
1966)
26,004
(11,932>
7,044
20,000
1,500
14,945)
{216)
{83,999)
(1,000)
(3,375)
(5,910)
(7,913)
(5,759)
(357)
(5,500)
11,493)
{3,445)
1216)
18,100
(1,000)
(3,375)
{5,910)
(7,913)
(5,759)
{357)
(5,500)
(1.4931
24,105
13,260)
11,663)
3.094
11,066)
82,099
24.105
(3,260)
(2,663)
(1,226)
<1,0681
{17,755)
(4,193)
{17,781)
1.000
4.320
17,755
1.100
(3,093)
(17.781)
10,000
12,225
(18,7351
(17,421)
(650)
(1,919)
{8,735}
15,196)
(650)
(1,919)
15,000
(1,0711
(5391
2,453
4,552
8,227
15,000
(1,071)
(13,989)
(2,097)
(1,4481
(4,7931
(1,0001
13,450
4,550
6,000
13,020
1,000
10,000
10,000
6,000
25,000
8,000
10,000
500
10,000
8,207
6,000
25,000
6,800
7,330
233
(1,793)
(1,200)
(2,670)
(267>
573,376
477 338
96,038
Page 24
continued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
18,
MOVEMENT IN FUNDS - continued
TOTAL FUNDS
621,997}
Healthworks - Our Healthworks programme works in partnership with a number of organisalions that
represent the BME community across the borough. This programme aims lo support wellbeing and help
people enjoy life more by bring people together so overcoming social isolation and loneliness and
encouraging physical activity. It is funded by RBKC Adults and Public Health.
H2althwork5 Emotional Wellbeing
We incorporated an emotional well-being community
developmenl worker post within the Healthworks programme with funding from Kensington & Chelsea
Foundation. The programme seeks to engage people experiencing social isolation and poor emotional
health. Weekly activities and programmes are delivered to encourage people to become socially
engaged with our seivices and other residents. By accessing this SUPPOfL people will have access to a
range ofother provision at Dalgarno Trust lo support them.
The Dalgarno Youth Programrne {DYP) iuns regular term time aclivilies for those aged 7+ These
include twice weekly Boxing classes (Tuesdays and Thursdays evenings), Junior Club on Tuesday and
Thursday afternoon and football every Friday evening al WeS￿ay. We offer different activities during
the school holidays. It is funded by RBKC Children's Commissioning, Lightbulb Trust, Sheldon Trust,
John Lyon's Charity, Awards for All, Weshvay Trust and London Sport.
Community Champions - this programme builds on the skills and knowledge of local communities,
bringing local people and setvices together to reduce inequalities and improve health and wellbeing. It
is funded by RBKC and Westminster Public Health. In this year, we received further funding to pilot a
new initiative developed by the funder for apprenticeship placements across the Community Champions
ne￿ork. Dalgarno Trust secured funding to hosl one placement providing a paid role to a longstanding
volunteer who completed her 15-monlh placement and secured her qualification at the end of her work.
Foodbank- The number of people coming to our foodbank increases week on week. We raised extra
funding from the Blg Give and have received large amounts of regular donations from people living in
Kensington and Chelsea including The Julia and Hans Rausing Trust who donated funding for food
vouchers over Christmas. In DeGember 2Q23, we took part in the Big Give Christmas campaign raising
a staggering £30.000 with the support ofthe Childhood Trust. Wilhout this funding we would not be able
to look after people as well as we can. Our foodbank is often considered the golden benGhmark of
foodbanks in RBKC, and many other foodbanks will approach us about our success.
Digital Champions this programme continued to grow in it5 popularity through responding to the
growing needs of our digitally exduded communities. 11 was developed over the pandemic where many
people struggled to engage virtually with services due to Iheir lack of digital knowledge and skills. We
deliver bespoke courses around a range of basic to intermediate short courses to help people get online
and become digitalty aware. It is funded by the NHS through KCSC.
Campden Charities - is a local trust that supports charities who successfully refer resKlents of RBKC
to the trust for practical and financial support. In this reporting period we secured sevèral referrals
bringing Dalgamo Trust funding to develop our service offer of support.
John Lyon's Charity- is a London-wide children's charity that funds and supports organisations deliver
services lo chlldren and young people. In this reporting period we concluded a renovation for our boys
and girl's toilets. We secured further funding to support our holiday camps in addition to a significant
grant that will develop the youth provision to include Iwo weekly youth clLJbs which includes a girls only
provision every Wednesday evening.
Wo se¢ured other new funding opportunities from The Garfield Weston Foundation, Astra Foundation
and Postcode Society, all of which made significant contributions to our core fvnding, enabling greater
capacity and business development.
Page 25
corstinued...

DALGARNO TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
19. RELATED PARTY DISCLOSURES
There were no related party transactions for Ihe year ended 31 March 2024.
Page 26