THE DX CLUB
FINANCIAL STATEMENTS
31 AUGUST 2021
Charity Number 1105261
Contents Pages
| Reference and Administrative details | 3 |
|---|---|
| Trustees Annual Report | 4 to 5 |
| Receipts and Payments Account | 6 |
| Independent Examiners Report | 7 |
THE DX CLUB FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2021
Reference and Administrative Details
| Registered charity name | The DX Club |
|---|---|
| Charity number | 1105261 |
| Principal Office: | Duxford Primary School |
| St Johns Street | |
| Duxford | |
| Cambridge | |
| CB22 4RA | |
| Trustees: | Giulia Falivelli |
| Lizzie Hart | |
| Julia Hutchings | |
| Catherine Ingle | |
| Bankers: | HSBC |
| PO Box 85 | |
| City Office | |
| Cambridge | |
| CB2 3HZ | |
| Independent examiner: | Tracey Nicholls FCCA |
THE DX CLUB FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2021
________________
Trustees Annual Report
The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31 July 2021.
Reference and administrative details
Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements.
The trustees
The trustees who served the charity during the period were as follows:
Julia Hutchings (appointed 14 November 2018) Chair Lizzie Hart (appointed 14 November 2018) Committee Member Catherine Ingle (appointed 14 November 2018) Committee Member Giulia Falivelli (appointed 28 November 2019 Committee Member
Structure, governance and management
The DX Club which was established in 2003 is an unincorporated charity, managed under constitution by a voluntary committee of parents of children at Duxford School.
The trustees are elected at the Annual General Meeting. The trustees hold office until the conclusion of the next Annual General Meeting, but are eligible for re-election. All trustees give their time voluntarily and received no remuneration or other benefits.
A Committee consisting of two to eight trustees elected at the Annual General Meeting is responsible for the policy and general management of the DX Club. The day to day running of the club is managed by the Business Manager.
There is a safeguarding/child protection policy in place. Enhanced DBS checks are carried out on commencement of employment. The DX Club is registered with Ofsted.
Objectives
The Objects of the DX Club are:
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To provide the necessary facilities for the daily care, recreation and education of children during out of school hours and during school holidays.
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To advance the education and training of the persons in the provision of such care, education and recreational facilities.
THE DX CLUB FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2021
Activities, achievements and performance
We started the year by continuing to deliver the before and after school childcare and holiday chidcare essential to so many families in our community.
Unfortunately, with the Covid-19 pandemic, we closed all our clubs in March 2020, with the plan to reopen for the Summer Holidays, however we were not able to open, due to the Fire at the End of July, until the start of the Autumn Term, September 2020. We are now based in a temporary classroom. This year was full of Covid19 restrictions and changes to risk assessments but the rebuild with designs started and we are looking forward to being in our new home.
All our current staff (1 FTE and 8 part-time).
We had a total of 104 children on roll 2020/21 and this is 43 families that use; the Breakfast Club, the Afterschool Club or the Holiday Club.
Financial Review
The DX Club ended the year with a loss of £1,503.53.
Overall Income from fees received has decreased by £25,781 and expenditure has increased by £1,255.
We were approved as a childcare setting that can offer the Holidays Food and Activities programme for the Dept of Education and our Local Authority. This programme runs at Christmas, Easter and Summer Holidays until 2024.
The trustees continue to acknowledge the importance of having enough qualified staff needed to keep within adult to child ratios on a daily basis. We are guided by our Insurance cover and Ofsted. Increases have been made in our pay rates to offer employment within a difficult employment market where jobs available outnumber applicants/job seekers.
09/09/2022
DX Club Receipts and Payments Account Year ended 31 July 2021
| Income Fees received - BC & ASC Fees received - HC HAF - LA Funding Reg Fees Fund raising Interest HMRC JRS Donations Grants Other Total income Expenditure Payroll HMRC Paye Pension Paroll Services Food Telephone/Mobile/Broadband Resources Membership/Licences Computer/printer cartridges Rent Rent HC Insurance Ofsted DBS Training Mileage Sundry Staff Ent Advertising and marketing Repairs and maintenance Total expenditure (Deficit)/Surplus for the year Surplus brought forward Add surplus for the year Surplus carried forward Closing bank balance Plus debtors Less Closing Accruals |
31/07/2021 £36,617.98 £6,956.60 £1,008.00 £330.00 £9,176.14 £1.40 £26,471.41 £0.00 £12,232.40 £0.00 £92,793.93 £65,591.34 £11,212.26 £1,034.12 £660.00 £1,714.91 £625.78 £5,503.06 £1,881.99 £1,070.30 £2,620.86 £0.00 £648.28 £85.00 £13.00 £151.20 £460.29 £604.97 £380.00 £35.80 £4.30 £94,297.46 -£1,503.53 £5,876.10 (1,503.53) £4,372.57 £12,025.03 £200.00 (7,852.46) £4,372.57 |
31/07/2020 £61,673.76 £8,690.82 £0.00 £850.00 £6,723.96 £9.04 £20,920.39 £0.00 £0.00 £0.00 |
|---|---|---|
| £98,867.97 | ||
| £63,340.09 £12,015.45 £2,649.60 £1,089.66 £2,002.63 £305.96 £832.63 £1,384.01 £576.49 £2,940.31 £3,230.00 £385.99 £50.00 £167.00 £463.00 £993.91 £516.38 £102.15 |
||
| £93,042.26 | ||
| £5,825.71 50.39 5,825.71 |
||
| 5,876.10 | ||
| 13,200.85 200.00 (7,524.75) |
||
| 5,876.10 |
The DX Club
Income and Expenditure Account For the Year ended 31 July 2021
Independent examiner’s report to the trustees of The DX Club
I report to the trustees on my examination of the accounts of the DX Club for the year ended 31 July 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tracey Nicholls FCCA
HFL Accountants Limited HFL House 1 Saxon Way Melbourn Cambs SG8 6DN
Date: 5 September 2022