OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Dial Barnsley

2024-04-30-accounts

Charity Registration No.1108982 Company Number: 05234581(England and Wales)

DIAL BARNSLEY

REPORT AND ACCOUNTS YEAR ENDED 30 APRIL 2024

DIAL BARNSLEY

TRUSTEES’ REPORT AND ACCOUNTS

YEAR ENDED 30 APRIL 2024

CONTENTS

Page
Legal and Administrative Information 3
Trustees’ Report 4 - 8
Independent Examiner’s report 9
Statement of Financial Activities 10
Balance Sheet 11
Statement of Cash Flows 12
Notes to the Financial Statements 13 - 21

| P a g e 2

DIAL BARNSLEY

LEGAL AND ADMINISTRATIVE INFORMATION

YEAR ENDED 30 APRIL 2024

Dial Barnsley is established as a company limited by guarantee and is a registered charity with the Charity Commission.

Charity Number: 1108982
Company Number: 05234581
Trustees & Directors: Glen Haigh
Nigel Middlehurst
Chris Ng
Stephen Race
Simon Ramshaw
Peter Robertshaw-Corbett
Anne Tilley
Moira Tombs_– resigned 01/02/2024_
Ian Turner

Chairperson:		 Ian Turner
Treasurer: Anne Tilley
Company Secretary: Sharon Brown
Chief Executive Officer: Sharon Brown
Registered office & McLintocks Building
Principal address: Summer Lane
Barnsley
South Yorkshire
S70 2NZ
Bankers: Unity Trust Bank plc
Nine Brindleyplace
Birmingham
B1 2HB
Independent Angela Hayes
Examiner: Community Accountant
22 Brocklehurst Avenue
Barnsley
South Yorkshire
S70 3EE

| P a g e 3

DIAL BARNSLEY

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30 APRIL 2024

Statement of Trustees’ Responsibilities

The trustees, who are also directors of the company and charity for the purposes of the Companies Act, present this annual report and financial statements of the company for the year ended 30 April 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP FRS102, 2019) Accounting and Reporting by Charities in preparing the annual report and financial statements of the charity.

Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources for that year. In preparing those accounts, the trustees are required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Company’s Act 2006. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

In so far as the trustees are aware:

Structure, Governance and Management

Governing Document

Dial Barnsley is a company limited by guarantee (Company No. 05234581) governed by its Memorandum and Articles of Association, dated September 2004 and most recently amended September 2020. The company is also a registered charity (No. 1108982) governed by the appropriate charities legislation. The charity has no share capital and the liability of each member in the event of winding up is limited to £1.

Management

The affairs of the charity are managed by the trustees who have control of the charity and its property and funds. The trustees delegate day-to-day management of the charity to the Chief Executive Officer, Sharon Brown.

Appointment of Trustees

The trustees are appointed at the Annual General Meeting. The charity is administered by a management committee who may also be trustees. Membership of the committee is open to any individual or authorised representative of an organisation interested in promoting the objects, who applies to the charity in the form required by the trustees. Recruitment of trustees and members of the management committee is undertaken as necessary, through volunteer and service-user involvement, requesting interested parties to contact the organisation.

| P a g e 4

DIAL BARNSLEY

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30 APRIL 2024

Trustee Induction & Training

As part of their induction all trustees will receive an induction pack which includes:

All trustees undertake an individual skills audit which forms part of their personal commitment plan and identifies their training needs. These plans link into our trustee training plan.

Related Parties

The trustees consider that there are no related parties to the charity.

Charitable Aims & Objectives

The objects for which the Charity is established are:

For the public benefit, the relief of disabled persons and their carers and the relief of persons in need, particularly but not exclusively by reason of disability, ill health, financial hardship or other disadvantage, principally by the provision of information, advice, guidance, support and advocacy.

Aims:

Public Benefit

In shaping the objectives for the year, the trustees have paid due regard to the public benefit guidance published by the Charity Commission.

| P a g e 5

DIAL BARNSLEY

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30 APRIL 2024

Achievements and Performance

Our year brought new beginnings, change and innovation. We brought together staff, trustees, volunteers and service users to develop and write our new Strategic Plan and have continued to work on new 3-year delivery plans to underpin this.

We have new investment and new partnerships too. SCOPE has invested in our connections hub - Stronger Together - and The Trussell Trust has supported our work with Barnsley Foodbank Partnership in local foodbanks. Sheffield University, Building Stronger Communities are supporting us in our ambition to develop a user-friendly app to enable people to complete their own PIP forms and we are currently engaging with local people to determine how this will look.

Lloyds Bank Foundation have also, provided us with three years unrestricted investment to enable us to become stronger and more sustainable in the future and Central Area Council have supported our timebank pilot, Time Together. We are forever grateful to all the Local Area Councils and Ward Alliances for their continued investment in our outreach provision across Barnsley.

We have recruited our first ever two apprentices this year, who will help us to fill the skills gap when recruiting advisors, with support from the National Lottery.

We have reviewed our brand guidelines and communications strategy, which has been signed off by the Board and supported our Board by embedding the National Occupational Standards for Trustees into our Board resources. Our external AQS (Advice Quality Standard) was passed with flying colours again! which means that residents across the borough can have confidence in the quality of the advice that we provide on a daily basis.

Our thanks to all the people who make DIAL what it is today including staff, volunteers, apprentices and trustees. Your commitment and passion are unequalled!

Full details of activities and achievements during the financial year are provided in our Annual Report which is available on our website: www.dialbarnsley.org.uk.

Future Plans

The Charity continues to source funding in support of meeting its charitable objectives, in particular:

In addition, the charity is looking to obtain accreditation with the Financial Conduct Authority (FCA) for it to be in a position to provide financial advice to the community of Barnsley.

| P a g e 6

DIAL BARNSLEY

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30 APRIL 2024

Financial Review

The financial year under review was satisfactory based upon strong financial management in furtherance of the company’s objectives.

Investment Policy

Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees see fit. The trustees aim to maximise the return from investments over the short term, whilst operating within an appropriate risk framework and will not make investments that will harm the charity’s objects. The charity will protect its reputation by being a socially responsible investor. The trustees will always decide what is in the best interests of the charity, taking into account all relevant factors, including, availability of funds to invest, overall financial position and how the investment will contribute to delivery of charitable purposes.

Reserves

The purpose of the Reserves Policy is to ensure that sufficient and appropriate designated and general reserves are available to meet the charity’s needs, statutory obligations and future commitments. The Reserves Policy will also explain to existing and potential funders, donors, beneficiaries and other stakeholders why DIAL is holding an amount of reserves. The Reserves Policy will give confidence to stakeholders that DIAL’s finances are being properly managed and will also provide an indicator of future funding needs and its overall resilience.

The Trustees have taken a three-step approach in developing the Reserves Policy, by considering the following:

  1. What reserves might be needed for:

  2. determining what resources may need to be held back for meeting any unforeseen emergency or other unplanned event, e.g. winding up the charity.

  3. covering any unforeseen operational costs, such as staff long term absence and the need to employ temporary staff.

  4. a source of income that is not renewed and time is needed to secure alternative income.

  5. planning for a major asset purchase or a project that requires the charity to provide ‘matched funding’.

  6. the need to fund short-term deficits in a cash budget, e.g. money may need to be spent before a funding grant is received.

  7. How much funding would be required to cover each of the identified needs each year: • The Trustees will consider what is actually held in reserves with the amount that is needed and if necessary put in place measures to reduce any surplus or increase the amount of reserves held.

  8. Information to be included in the Trustees’ Annual Report and Financial Statements about the Reserves Policy and the level of reserves held.

General Unrestricted Reserves

The General Fund is used to record all unrestricted resource inflows and outflows. It is most critical to maintain the General Fund at a level that will meet the working capital requirements of the charity. Therefore, DIAL will maintain a level of general funds to meet future administration and operational commitments and which will be equivalent to at least 3-months annual expenditure.

At the year end, the unrestricted funds stand at £148,144. This represents approximately 4 months annual expenditure at the current level of activity. The Trustees consider this to be appropriate, given the size of the charity and the nature of current funds.

| P a g e 7

DIAL BARNSLEY

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30 APRIL 2024

Designated Funds

The Trustees recognise that not all of the unrestricted funds held are readily available to spend. Designated Funds are unrestricted funds that have been set aside for particular purposes/ needs. In line with the Reserves Policy, the Trustees have agreed to designate the following funds: Designated Revenue Funds @ 30.04.2024 In the event that the Charity would need to wind up its operations £78,280 Contingency £15,000 An unplanned long-term absence and the need to employ additional staff £15,075 (e.g. average employee cost for a period of 6 months) Infrastructure Development Fund £58,766 Total Designated Funds £167,121 ~~==~~ Funds in Deficit There are no funds in deficit.

Financial Position

The financial statements are set out in pages 10 to 21. The charity received total income of £507,339 in this financial year (2023: £450,781). Full details of funding received are provided on page 15 of this report. Total expenditure for the year was £455,547, giving a surplus for the year of £51,792 (2024: a surplus of £96,097). The total funds at the year-end stand at £394,140 (2023: £342,348). A full analysis of funds held is provided on page 19 of this report.

Risk Management

The charity has attained PQASSO Level I and has procedures in place to ensure minimal financial and other risk to the organisation. This includes a comprehensive risk assessment and risk register. The risk register is reviewed at each Risk & Policy Committee meeting, with a summary of the risks presented to trustees at their Board meetings. The higher level risks that DIAL Barnsley face relate to funding, in particular, the loss of a major source of income, the risk that grants and contracts are insufficient to meet the short term objectives of the charity, or loss of income due to a banking crisis.

The Trustees have concluded that the overall risk appetite for DIAL is to have an open approach to risk management. Accepting an open approach will consider all potential options and choose the one most likely to result in successful delivery, while also providing an acceptable level of reward and value for money.

Approval

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:

Signed: Date: 10 October 2024

Ian Turner, Chair/ Director

| P a g e 8

DIAL BARNSLEY

REPORT OF THE INDEPENDENT EXAMINER

FOR THE YEAR ENDED 30 APRIL 2024

I report on the accounts of the charity, which are set out on pages 10 to 21.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

The charity’s gross income exceeded £250,000 in this financial year. I am qualified to undertake the examination, being a Fellow Member of the Association of Accounting Technicians.

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have no concerns and I 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.

Signed: Date: 10 October 2024

Angela Hayes, FMAAT Community Accountant

22 Brocklehurst Avenue, Barnsley, South Yorkshire, S70 3EE

Angela Hayes is licensed and regulated by AAT under licence number 1006755

| P a g e 9

DIAL BARNSLEY

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income & Expenditure Account)

FOR THE YEAR ENDED 30 APRIL 2024

Unrestricted
Funds
Note
£
Income:
Donations and legacies
2a
33,717
Income from charitable activities
2b
57,008
Income from other trading activities
2c
333
Investment income
2d
1,504
Total income
92,562
Expenditure
Cost of raising funds
3a
5,486
Expenditure on charitable activities
3b
135,252
Other expenditure
3c
-
Total expenditure
140,738
Net income/expenditure for the year
(48,176)
Transfers between funds
13
101,446
Total funds brought forward
94,874
Total funds carried forward
12
148,144		 Designated
Funds
£
-
-
-
-
-
-
1,240
-
1,240
(1,240)
17,280
151,081
167,121		 Restricted
Funds
£
241,790
172,987
-
-
414,777
-
313,569
-
313,569
101,208
(118,726)
96,393
78,875		 2024
Total
Funds
£
275,507
229,995
333
1,504
507,339
5,486
450,061
-
455,547
51,792
-
342,348
394,140		 2023
£
260,094
190,687
-
-
450,781
5,600
341,523
7,561
354,684
96,097
-
246,251
342,348

The Statement of Financial Activities includes all gains and losses recognised in the year. The activities of the charitable company are classed as continuing.

Prior year comparatives by fund are detailed in the notes to the accounts.

| P a g e 10

DIAL BARNSLEY

BALANCE SHEET AS AT 30 APRIL 2024

2024 2023
Note £ £ £ £
Fixed Assets
Tangible assets 6 - 360
Current Assets
Debtors 7 60,061 36,479
Cash at Bank and in hand 352,760 318,266
412,821 354,745
Creditors:
Amounts falling due in one year 8 (18,681) (12,757)
Net Current Assets 394,140 341,988
Net Assets 394,140 342,348
Funds: 12
Accumulated unrestricted funds 148,144 94,874
Accumulated designated funds 167,121 151,081
Accumulated restricted funds 78,875 96,393
Total Funds 394,140 342,348

Exemption from audit

For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to small companies subject to the small companies regime.

The trustees declare that they have approved the financial statements above. Signed on behalf of the charity’s trustees:

Signed: NS Date: 10 October 2024 Date: 10 October 2024

Ian Turner, Chair/ Director

| P a g e 11

DIAL BARNSLEY

STATEMENT OF CASH FLOWS

__

YEAR ENDED 30 APRIL 2024

Cash flows from operating activities:
Adjustments for:
Investment income
Depreciation
Purchase of property and equipment
Disposal of property and equipment
(increase)/decrease in debtors
increase/(decrease) in creditors
Net cash provided by (used in) operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash in hand and at bank
Notice deposits
Total cash and cash equivalents
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of the reporting
period
Cash and cash equivalents at the end of the reporting
period
Net income/(expenditure) for the reporting period
(as per the Statement of Financial Activities)		 Total
Funds
2024
£
51,792
(1,504)
360
-
-
(23,582)
5,924
32,990
1,504
-
34,494
318,266
352,760
279,038
73,722
352,760		 Prior Year
Funds
2023
£
96,097
-
120
-
-
5,438
3,457
105,112
-
-
105,112
213,154
318,266
246,048
72,218
318,266

| P a g e 12

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

1. Accounting Policies

Basis of the preparation of the accounts

The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) – (Charities SORP (FRS102) and the Companies Act 2006.

The financial statements are prepared in pounds sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

Dial Barnsley meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy note(s).

Going Concern note

After reviewing the charity’s forecasts and projections and its reserves, the trustees have reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. The charity has a healthy reserve and no material uncertainties exist that would put the charity at risk of closure in the 12-month period from the date of signing of these accounts.

The charity therefore continues to adopt the going concern basis in preparing its financial statements.

Incoming resources

All material incoming resources have been included in the Statement of Financial Activities when the charity is entitled to the income, when any performance conditions attached are met, when it is probable that the income will be received and when the amount can be measured reliably.

Donated goods and services

Donated facilities and services are recognised in the accounts, at the amount the charity would pay in the open market for a service equivalent to that being donated, when the charity would otherwise have purchased them and the value can be measured reliably.

Donated goods for the charity’s own use are recognised as income, at their fair value.

The contribution of general volunteers is not recognised as income in the charity accounts.

Resources expended

All expenditure is included on an accruals basis and is recognised as a liability is incurred. The charity is not registered for VAT and accordingly resources expended are shown gross of irrecoverable VAT.

Support cost allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and may include, admin costs, governance costs, professional fees and administrative payroll costs. Where support costs cannot be directly attributed to particular headings, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

| P a g e 13

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

Tangible fixed assets and depreciation

Tangible Fixed Assets with an original cost over £1,000 are capitalised.

The depreciation of tangible fixed assets is based on the annual rates, calculated to write off each asset over its estimated useful life; as follows;

In the year of acquisition, fixed assets are depreciated for the full year.

Funds structure

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity.

Restricted funds have been provided to the charity for particular purposes and may only be spent for the purposes for which they were given. Any balance remaining outstanding on a restricted fund at the end of the year is carried forward as a balance on that fund, unless permission has been given by the funder to remove the restriction on the balance outstanding.

Designated funds may be established as the trustees see fit, to set aside unrestricted funds for future projects or commitments.

Funds relating to capital expenditure are transferred to a designated fund against which depreciation is charged.

Leasing Commitments

Rentals payable under operating leases are charged to the Statement of Financial Activities as they are incurred.

Pension costs

The charity operates a defined contribution pension scheme for employees. Pension costs charged to the Statement of Financial Activities represent the contributions payable by the charity in year.

Taxation

As a registered charity, Dial Barnsley benefits from rates relief and is exempt from corporation tax on its charitable activities.

| P a g e 14

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

2. Analysis of income

2aDonations & legacies:
Gifts & donations
Grants received:
The National Lottery Community Fund (TNLCF)
Scope Connecting Communities
South Yorkshire Community Foundation
The University of Sheffield
Yorkshire Sport Foundation
Lloyds Bank Foundation
UK Shared Prosperity Fund
Energy Redress Fund
The Three Guineas Trust
2bCharitable activities:
Performance related grants
Local Authority funding/Service Level Agreements
Contracts & fees:
ICAS
Barnsley and District CAB
Barnsley Food Bank Partnership SLA
Miscellaneous & other income
2cOther trading activities:
Fundraising
2dInvestment income:
Bank interest
Total Income		 Unrestricted Restricted
Total
Unrestricted Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
£
£
£
£
£
£
8,717
-
8,717
6,168
-
6,168
-
-
-
86,463
86,463
-
75,207
75,207
-
-
-
-
40,314
40,314
-
-
-
-
2,354
2,354
-
4,500
4,500
-
5,500
5,500
-
-
-
-
3,150
3,150
25,000
-
25,000
-
-
-
-
19,065
19,065
-
7,200
7,200
-
99,665
99,665
-
120,201
120,201
-
32,097
32,097
-
-
-
33,717
241,790
275,507
6,168
253,926
260,094
-
-
-
-
-
-
-
101,474
101,474
-
82,422
82,422
-
41,683
41,683
-
44,921
44,921
55,979
-
55,979
55,672
-
55,672
-
29,830
29,830
7,535
-
7,535
1,029
-
1,029
137
-
137
57,008
172,987
229,995
63,344
127,343
190,687
333
-
333
-
-
-
333
-
333
-
-
-
1,504
-
1,504
-
-
-
1,504
-
1,504
-
-
-
92,562
414,777
507,339
69,512
381,269
450,781
2024
2023		 Unrestricted Restricted
Total
Unrestricted Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
£
£
£
£
£
£
8,717
-
8,717
6,168
-
6,168
-
-
-
86,463
86,463
-
75,207
75,207
-
-
-
-
40,314
40,314
-
-
-
-
2,354
2,354
-
4,500
4,500
-
5,500
5,500
-
-
-
-
3,150
3,150
25,000
-
25,000
-
-
-
-
19,065
19,065
-
7,200
7,200
-
99,665
99,665
-
120,201
120,201
-
32,097
32,097
-
-
-
33,717
241,790
275,507
6,168
253,926
260,094
-
-
-
-
-
-
-
101,474
101,474
-
82,422
82,422
-
41,683
41,683
-
44,921
44,921
55,979
-
55,979
55,672
-
55,672
-
29,830
29,830
7,535
-
7,535
1,029
-
1,029
137
-
137
57,008
172,987
229,995
63,344
127,343
190,687
333
-
333
-
-
-
333
-
333
-
-
-
1,504
-
1,504
-
-
-
1,504
-
1,504
-
-
-
92,562
414,777
507,339
69,512
381,269
450,781
2024
2023
6,168
253,926
260,094
-
-
-
-
82,422
82,422
-
44,921
44,921
55,672
-
55,672
7,535
-
7,535
137
-
137
63,344
127,343
190,687
-
-
-
-
-
-
-
-
-
-
-
-
69,512
381,269
450,781

| P a g e 15

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

3. Analysis of Expenditure

3a
3b
3c		 Cost of Raising funds:
Direct salaries cost
Support costs (salaries)
Cost of Charitable Activities:
Direct costs of charitable activities:
Salaries cost
Recruitment
Rent, rates & utilities
Insurance
Telephone & internet
Office supplies, printing & stationery
Office equipment & furnishing
Repairs, maintenance & cleaning
Staff travel
Volunteer expenses
Activities, projects & events
Training
Publicity & marketing
Subscriptions & membership
IT systems & maintenance
Bank Charges
Depreciation (Designated Funds)
Miscellaneous & other expenses
Support Costs:
Salaries cost (admin & management)
Professional fees & consultancy
Audit/Accountancy fees
Total Cost of Charitable Activities
Other expenditure
Return of grant
Total Expenditure		 Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
4,389
-
4,389
1,097
-
1,097
5,486
-
5,486
41,672
255,831
297,503
-
-
-
4,300
16,025
20,325
925
-
925
1,043
4,143
5,186
7,048
4,350
11,398
3,185
2,778
5,963
694
-
694
315
4,527
4,842
17
934
951
1,769
11,897
13,666
-
2,038
2,038
742
353
1,095
1,061
1,021
2,082
1,276
2,476
3,752
258
-
258
360
-
360
2,411
4,361
6,772
67,076
310,734
377,810
66,574
-
66,574
1,742
2,835
4,577
1,100
-
1,100
69,416
2,835
72,251
136,492
313,569
450,061
-
-
-
-
-
-
141,978
313,569
455,547
2024		 Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
4,480
-
4,480
1,120
-
1,120
2023
5,600
-
5,600
15,732
208,977
224,709
850
311
1,161
3,363
9,975
13,338
720
164
884
1,226
4,025
5,251
6,349
2,456
8,805
3,622
1,900
5,522
560
-
560
313
2,476
2,789
293
418
711
144
5,327
5,471
65
1,706
1,771
265
979
1,244
387
831
1,218
1,152
2,160
3,312
188
-
188
120
-
120
868
1,931
2,799
36,217
243,636
279,853
58,741
-
58,741
1,904
-
1,904
1,025
-
1,025
61,670
-
61,670
97,887
243,636
341,523
-
7,561
7,561
-
7,561
7,561
103,487
251,197
354,684

| P a g e 16

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

4. Staff Costs

Employer's NI
Average number of employees
No employees received remuneration exceeding
Gross salaries
Employer Pension Contribution		 2024
2023
£
£
329,355
257,085
17,040
13,814
23,168
18,151
369,563
289,050
20
15
£60,000

5. Independent Examination and Accountancy Services

The cost of accountancy services and Independent Examination of accounts for the year was £1,100 (2023: £1,025).

6. Tangible Fixed Assets

Cost
Balance b/f - 01 May 2023
Additions in year
Disposals
Balance c/f at 30 April 2024
Depreciation
Balance b/f - 01 May 2023
Disposals
Charge for the year
Balance c/f at 30 April 2024
NBV at 30 April 2024
NBV at 30 April 2023		 Office
Equipment
7,835
-
-
7,835
7,475
-
360
7,835
-
360		 Computer
Equipment
11,552
-
-
11,552
11,552
-
-
11,552
-
-		 Total
19,387
-
-
19,387
19,027
-
360
19,387
-
360

All fixed assets are considered to be for direct charitable purposes.

| P a g e 17

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

7. Debtors: amounts falling due within one year

Accrued income
Other debtors & prepayments
8. Creditors: amounts falling due within one year
Creditors/ Accruals:
Accounts payable and accruals
PAYE liability
Pension liability
Deferred Income		 2024
£
59,191
870
60,061
2024
£
1,484
2,776
2,052
12,369
18,681		 2023
£
35,623
856
36,479
2023
£
1,649
2,800
1,627
6,681
12,757

8. Creditors: amounts falling due within one year

9. Trustees Remuneration

No trustee claimed any remuneration or expenses in connection with their duties as trustee, in this or the previous financial year.

10. Related Party Transactions

There were no related party transactions in this or the previous financial year.

11. Analysis of Net Assets by Fund

30 April 2024
Fixed Assets
Current Assets
Current Liabilities
Total
30 April 2023
Fixed Assets
Current Assets
Current Liabilities
Total		 £
-
150,333
(2,189)
148,144
Unrestricted
Funds
-
96,919
(2,045)
94,874		 Designated
Funds
£
-
167,121
-
167,121
360
150,721
-
151,081		 £
-
95,367
(16,492)
78,875
Restricted
Funds
-
107,105
(10,712)
96,393		 Total
Funds
£
-
412,821
(18,681)
394,140
360
354,745
(12,757)
342,348

| P a g e 18

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

12. Movement in Funds

Restricted Funds
TNLCF - Know your Neighbour
TNLCF - Our Choices
ICAS
Scope - Connecting Communities
Energy Redress Fund
The Three Guineas Trust
BMBC Household Support Grant
Green Social Prescribing (SYCF)
Dearne Advice Project
Barnsley Food Bank Partnership
The University of Sheffield
UK Shared Prosperity Fund
NAC Connecting Communities
Royston Advice Project
Penistone Outreach
Cudworth Outreach
North East Area Service
Central Outreach
Central Social Isolation Challenge
Total Restricted Funds
Unrestricted Funds
General Fund
Other Unrestricted Funds
Total Unrestricted Funds
Designated Funds
Fixed Assets
Provision for Winding up Costs
Provision for Staff Costs
Infrastructure Investment Fund
Contingency Fund
Total Designated Funds
TOTAL FUNDS		 £
10,277
18,140
8,450
39,829
-
-
-
2,358
4,500
2,158
4,500
204
1,492
950
2,660
-
-
875
-
96,393
88,526
6,348
94,874
360
76,000
15,075
49,646
10,000
151,081
342,348
Opening
Balance		 £
21,020
65,443
41,683
-
99,665
32,097
19,065
-
10,488
29,830
4,500
-
38,068
4,820
5,356
3,615
4,820
29,597
4,710
414,777
50,586
41,976
92,562
-
-
-
-
-
-
507,339
Income		 Expenditure
£
(12,811)
(64,110)
(31,636)
(10,312)
(89,665)
-
(12,972)
(1,336)
(8,089)
(13,753)
(1,025)
(42)
(28,665)
(3,247)
(6,647)
(339)
(2,502)
(24,955)
(1,463)
(313,569)
(110,855)
(29,883)
(140,738)
(360)
-
-
(880)
-
(1,240)
(455,547)		 Fund
Transfers
£
£
(8,600)
9,886
(14,095)
5,378
(18,497)
-
(20,257)
9,260
(10,000)
-
-
32,097
(6,093)
-
(1,022)
-
(6,000)
899
(17,000)
1,235
(3,000)
4,975
(162)
-
(9,000)
1,895
-
2,523
-
1,369
-
3,276
-
2,318
(5,000)
517
-
3,247
(118,726)
78,875
116,410
144,667
(14,964)
3,477
101,446
148,144
-
-
2,280
78,280
-
15,075
10,000
58,766
5,000
15,000
17,280
167,121
-
394,140
Closing
Balance

| P a g e 19

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

13. Transfers Between Funds

13. Transfers Between Funds
General Unrestricted Restricted Designated
Fund Other Funds Funds
£ £ £ £
Management, Admin & Overheads 133,726 (15,000) (118,726) -
Transfers to Designated Funds (17,280) - - 17,280
116,446 (15,000) (118,726) 17,280

14. Designated Funds

Designated funds are unrestricted funds that have been set aside by the trustees for particular purposes/needs.

The value of fixed assets is held in a designated fund, against which depreciation is charged.

The Trustees have also designated funds to support the charity’s operational needs, future commitments and statutory obligations. Designated operational and strategic funds at the yearend include:

15. Restricted Funds

| P a g e 20

DIAL BARNSLEY

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 APRIL 2024

| P a g e 21