CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees. Annual Report for the period
From period start date 1st April 2022 to period end date 318t March 2023
Charity name: The Doouss Charitable Trust
Charity registration number: 1114447
Objectives and Activities
SORP reference
Para1.17
Summary of the purposes of
the charity as set out in its
governing document
Purposes of the trust are the relief of
poverty, furtherance of Education, the
furtherance of religion and any other
ur
oses which are charitable.
The trustees are interested in activities
and undertake grants and financial
support for the furtherance of
education, religion and relief of poverty.
The trustees pursue this grant making
and financial support provisions policy
throu
h makin
rants to other charities
All trustees have considered the
guidance from the charity commisslon
on public benefit.
Summary of the main
activities in relation to those
purposes for the publi
benefit, in particular, the
activities, projects or
services identified in the
accounls.
Slatement confirming
whether the trustees have
had regard to the guidan
issued by the Charity
Commission on public
benefit
Para 1.17 and
Para 1_18
Additional infomiation {optionall
You ma
hoose lo include further statements where relevant about=
SORP refence
The trustees are responsible for the
policies, activities and assets of the
charity. They meet regularly to review
developments with regard to the charity,
its grant giving activities and to make
any important decisions. This considers
all aspects of the grant making and final
support to be provided. When necessary
the trustees seek advice and support
from the charities professional advisers
Including solicitors and accountants.
The trust has no employees. The
management personnel comprised the
trustees only. The trustees do not
receive remuneration for their role as
trustee.
The Trustees review the proposals for
the grants to be made and other forms
of financial support, and approve such
rants as a
ro
riate.
Para 1.38
Policy on grant making
None Currently
PoliGy on social investment
including program related
investment
Para 1.38
None Currently
Contribution made by
volunteers
Para 1.38
Other
None Currently
Achievements and Performance
SORP referen
Durlng the yearthe trustees have made
grant of £150,500 to The Grace Trust
(£130,500) and Hereford Gospel Trust
{£20,000).
Summary of the main
achievements of the charity,
identifying the difference the
charity's work has made to
the circumstanos of its
beneficiaries and any wider
benefits to society as a
whole.
Par8 1.20
Additional information (optional)
You ma choose to include further statements where relevant about-.
Achievernents against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other
Financial Review
Review of the charity's
financial position at the end
of the
eriod
Statement explaining the
policy for holding reseNes
statin
are held
Amount of reserves held
Reasons for holding zero
reserves
Details of fund materially in
deficit
Explanation of any
nrtaIntieS about the
Charity continuing as a going
concem
Para 1.21
See accounts
Para 1.22
No reserves currently
Para 1.22
Para 1.22
Para 1.24
Pao 1.23
Additional Infomiatton {optional)
You rna
choose to include further statements where relevant about..
Donations and rent on property.
The charity's prrncipal
sources of funds (including
any fundraising)
Para 1.47
Charity assets currently are £2,019,241
in commercial property and £1,423,706
In educational propety
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
All property fully insured by the trustees
and ongoing maintenance program to
ensure a good 5tsndard of upkeep.
A description of the principal
risks facing the charity
Ptra 1.46
Other
Structure, Governance and Management
Description of charity's
trusts..
Type of governing document
h2iLer
P8ra 1.25
Trust Deed
How is the charity
constituted?
le.g unincorporated
Para 1.25
Trust deed dated 10" April 2006.
Approved by the charity with 2 trustees
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25
Current trustees themselves have the
power to appoint new or additional
trustees. Original trustees appointed
under the trust deed remain the current
trustees.
Additional infom)ation (optional)
You ma choose to include further statements where relevant about:
Policies and prOdureS
adopted for the induction
and training of trustees
Para 1.5
The charity's organisational
structure and any wider
network wilh which the
chartty works
Para 1.51
Relationship with any related
parties
Para 1.51
Other
Reference and Administrative details
Charit
name
Other name the chari
uses
isterod charit
number
Charity's principal address
Doouss Charitable Trust
None
1114447
The Orchard
Styles Lane
Gloucester
GL4 OXF
Names of the charity trustees who manage the charity
Trustee name
Officè lif any)
Dales acted if not for whole
ear
Trustee
TNstee
Name ot person lor bodyl entitli
toa
oint trustee
if an
Trustee's as left
Trustee's as left
Nicolas B Doouss
Benjamin N B
Doouss
SinGe 2006
Since 2006
Cor
orate trustees- names of the directors at the date the re
Director name
ortwasa
roved
Name of trustees holding title to property belonging to the charity
Trustee namè
Dates acted if not for wholt
ear
Funds held as custodian trustees on behalf of others
Description of the assets
None
held in this capacity
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charitls objects
None
Details of arrangements for
safe custody and
segregation of such assets
from the charity's own
assets
None
Additional information {optional}
Names and addresses of advisers (Optional inforniation)
Type of
Name
Address
adviser
Solicitor
Stephen Pallister
Wiggin Osborne Fullerlove. Solicitors
95 The Promenade, Cheltenham, Gloucestershire GL50 IHH.
Kingscott Dix Limited
Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL25EN
Accountant
Mark Spashett
Name of chief executive or names of senior staff members (Optional infonnation)
Exemptions from disclosure
Reason for non4isclosure of ke
ersonnel details
Other o
tional information
Declarations
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity,
stses
Signature{s)
tr
Full name{s)
Positlon (eg Secretary,
Chair, etc}
Nicolas Doouss
Trustee
Date
0810212024
**REGISTERED CHARITY NUMBER: 1114447**
**Report of the Trustees and**
**Unaudited Financial Statements For The Year Ended 31 March 2023**
**for**
**The Doouss Charitable Trust**
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
**The Doouss Charitable Trust**
## **Contents of the Financial Statements For The Year Ended 31 March 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|10|
|**Detailed Statement of Financial Activities**||11||
**The Doouss Charitable Trust**
## **Report of the Trustees For The Year Ended 31 March 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principal objectives of the trust are toward the relief of poverty, furtherance of Education, the furtherance of religion and any other purposes which are charitable for the community.
## **Public benefit**
The Charity looks to achieve these objectives, whilst demonstrating its charitable purpose for the public benefit by providing grants and financial support in pursuit of the charity's objective.
The trustees consider that they have complied with their duty to have due regard to the public benefit guidance when exercising any powers or duties to which guidance is relevant.
## **Grantmaking**
The trustees are responsible for the policies, activities and assets of the charity. They meet regularly to review developments with regard to the charity, its grant giving activities and to make key decisions. This considers all aspects of the grant making and final support provided.
When necessary, the trustees seek advice and support from the charities professional advisors including solicitors and accountants.
The trustees review the proposals for the grants to be made and other forms of financial support and approve such grants as appropriate.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
During the year the trustees made grants of £150,500 (2022: £353,406) to The Grace Trust £130,500 and Hereford Gospel Trust £20,000.
## **Investment performance**
The charity holds a portfolio of residential, commercial and educational property valued at £3,442,947.
Rental income received on the property portfolio totalled £122,004 for the year ended 31 March 2023.
All property is fully insured by the trustees and an ongoing maintenance program is in place to ensure a good standard of upkeep.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
Current trustees themselves have the power to appoint new or additional trustees. Original trustees appointed under the trust deed remain the current trustees.
## **Key management remuneration**
During the year, the charity did not employ or remunerate any staff.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1114447
Page 1
**The Doouss Charitable Trust**
## **Report of the Trustees**
## **For The Year Ended 31 March 2023**
## **Principal address**
Rose Cottage Sneedhams Green Gloucester GL4 6EG
## **Trustees**
B N B Doouss Esq N B Doouss Esq
## **Independent Examiner**
Mark Spashett Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
Approved by order of the board of trustees on 6 February 2024 and signed on its behalf by:
N B Doouss Esq - Trustee
Page 2
**Independent Examiner's Report to the Trustees of The Doouss Charitable Trust**
## **Independent examiner's report to the trustees of The Doouss Charitable Trust**
I report to the charity trustees on my examination of the accounts of The Doouss Charitable Trust (the Trust) for the year ended 31 March 2023.
## **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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent 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 I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. 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.
Mark Spashett
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
7 February 2024
Page 3
**The Doouss Charitable Trust**
## **Statement of Financial Activities For The Year Ended 31 March 2023**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
2
Other income
**Total**
**EXPENDITURE ON**
Raising funds
3
**Charitable activities**
General
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.3.23
Unrestricted
fund
£
298,068
122,004
-
420,072
1,069
160,356
161,425
258,647
4,261,246
4,519,893|31.3.22
Total
funds
£
-
122,004
142,632
264,636
1,104
371,273
372,377
(107,741)
4,368,987
4,261,246|
|---|---|---|
The notes form part of these financial statements
Page 4
**The Doouss Charitable Trust**
## **Balance Sheet**
## **31 March 2023**
|Notes
**FIXED ASSETS**
Investment property
6
**CURRENT ASSETS**
Debtors
7
Cash at bank
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
9
Unrestricted funds
**TOTAL FUNDS**|31.3.23
Unrestricted
fund
£
3,442,947
-
1,084,992
1,084,992
(8,046)
1,076,946
4,519,893
4,519,893
4,519,893
4,519,893|31.3.22
Total
funds
£
3,442,947
65,616
757,420
823,036
(4,737)
818,299
4,261,246
4,261,246
4,261,246
4,261,246|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 6 February 2024 and were signed on its behalf by:
N B Doouss Esq - Trustee
The notes form part of these financial statements
Page 5
**The Doouss Charitable Trust**
## **Notes to the Financial Statements For The Year Ended 31 March 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, 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 constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
No depreciation is provided on tangible fixed assets.
## **Investment property**
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the 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 to the financial statements.
Page 6
continued...
**The Doouss Charitable Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 March 2023**
## **2. INVESTMENT INCOME**
|Rents received
**3.**
**RAISING FUNDS**
**Investment management costs**
Property repairs|31.3.23
£
122,004
31.3.23
£
1,069|31.3.22
£
122,004|
|---|---|---|
|||31.3.22
£
1,104|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
|**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Investment income
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
General
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
122,004
142,632
264,636
1,104
371,273
372,377
(107,741)
4,368,987
4,261,246|
|---|---|
Page 7
continued...
**The Doouss Charitable Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 March 2023**
## **6. INVESTMENT PROPERTY**
|**FAIR VALUE**
At 1 April 2022
and 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
**9.**
**MOVEMENT IN FUNDS**
At 1.4.22
£
**Unrestricted funds**
General fund
4,261,246
**TOTAL FUNDS**
4,261,246
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
420,072
**TOTAL FUNDS**
420,072||31.3.23
£
-
-
-
31.3.23
£
990
7,056
8,046
Net
movement
in funds
£
258,647
258,647
Resources
expended
£
(161,425)
(161,425)|£
3,442,947
3,442,947
3,442,947
31.3.22
£
5,616
60,000
65,616
31.3.22
£
1,051
3,686
4,737
At
31.3.23
£
4,519,893
4,519,893
Movement
in funds
£
258,647
258,647|
|---|---|---|---|
|||||
|||||
Page 8
continued...
**The Doouss Charitable Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 March 2023**
## **9. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above
**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.21
£
4,368,987
4,368,987
are as follows:
Incoming
resources
£
264,636
264,636||Net
movement
in funds
£
(107,741)
(107,741)
Resources
expended
£
(372,377)
(372,377)|At
31.3.22
£
4,261,246
4,261,246
Movement
in funds
£
(107,741)
(107,741)|
|---|---|---|---|---|
||||||
||||||
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.21
£
4,368,987
4,368,987|Net
movement
in funds
£
150,906
150,906|At
31.3.23
£
4,519,893|
|---|---|---|---|
||||4,519,893|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|684,708|(533,802)|150,906|
|**TOTAL FUNDS**|684,708|(533,802)|150,906|
Page 9
continued...
**The Doouss Charitable Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 March 2023**
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2023.
Page 10
**The Doouss Charitable Trust**
|**Detailed Statement of Financial Activities**
**For The Year Ended 31 March 2023**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
**Investment income**
Rents received
**Other income**
Gain on sale of tangible fixed assets
**Total incoming resources**
**EXPENDITURE**
**Investment management costs**
Property repairs
**Charitable activities**
Rates and water
Insurance
Sundries
Grants to institutions
**Support costs**
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income/(expenditure)**|31.3.23
£
298,068
122,004
-
420,072
1,069
2,860
3,614
2,832
150,500
159,806
550
161,425
258,647|31.3.22
£
-
122,004
142,632
264,636
1,104
-
-
-
353,406
353,406
17,867
372,377
(107,741)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 11
**Independent Examiner's Report to the Trustees of The Doouss Charitable Trust**
## **Independent examiner's report to the trustees of The Doouss Charitable Trust**
I report to the charity trustees on my examination of the accounts of The Doouss Charitable Trust (the Trust) for the year ended 31 March 2023.
## **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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent 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 I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. 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.
Mark Spashett
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
7 February 2024
Page 3