CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From period start date 1st April 2023 to period end date 31st March 2024 Charity name: The Doouss Charitable Trust Charity registration number: 1114447 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its governing document Pala 1.17 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 commission on public benefit. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.17 and 1.19 Para 1.18 Additional information (optional) You ma choose to include further statements where relevant about: SORP reference 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 suppor( and approve such rants as a ro riate. Policy on grant making Par8 1.38 None Currently Para 1.38 Policy on social investment including program related investment None Currently Para 1.38 Contribution made by volunteers None Currently Other Achievements and Performance SORP referen During the year the trustees have made grants of £585,000. The Grace Trust (£565,000) 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 circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional information (optional) You ma choose to include further statements where relevant about: Achievements against objectives set Para 1.41 Performan￿ of fundraising activities against objectives set Para 1.41 Investment performance against objectives PaTa 1.41 Other Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding resenies statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties 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 Para 1.23 Additional information (optional) You ma choose to include further statements where relevant about.. Donations and rent on property. The charity's principal SoUr￿S of funds (including any fundraising) Para 1.47 Charity assets currently are £2,019,241 in commercial property and £1,423,706 in educational property Investment policy and objectives including any social investment policy adopted Para 1.46 All property fully insured by the trustees and ongoing maintsnance program to ensure a good standard of upkeep. A description of the principal risks facing the charity Para 1.46 Other Structure, Governance and Management Description of charity's trusts: Type of governing document {trLlSt dead. roii&l charter How is the charity constituted? (e.0 unincorporated association, CIO) 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 Trust Deed Para 1.25 Trust deed dated 10° April 2006. Approved by the charity with 2 trustees Para 1.25 Current trustees themselves have the power to appoint new or additional trustees. Original trustses appointed under the trust deed remain the current trustees. Additional inforniation (optional) You rna choose to include further statements where ￿levant about: Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Chari name Other name the chari uses Re istered charit number Charity's principal address Doouss Charitable Twst None 1114447 The Orchard Styles Lane Gloucester GL4 OXF Names of the charity trustees who manage the charity Trustee name Office (if any) Dates acted if not for whole ear Name of person (or body) entitled toa oint trustee ifan Trustee's as left Trustee's as left Nicolas B Doouss Benjamin N B Doouss Trustee Trustee Since 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 name Datss acted if not for whole 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 charity's objects None Details of arrangements for safe custody and segregation of such assets from the charity's own assets None Additional infomiation (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 GL2 SEN Accountant Mark Spashett Name of chief executive or names of senior stsff members (Optional infomiation) Exemptions from disclosure Reason for non4isclosure of ke ersonnel details Other o tional infomiation Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the chari ustees Signature(s) Full name(s) Position (eg Secretsry, Chair, etc) Nicolas Doouss Trustee Date 3110112025 REGISTERED CHARITY NUMBER: 1114447 ortof e Truste and Unau nancl statemen orT 1 March 2 oouss Ch bleT Kingscott Dlx Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershlre GL2 SEN oous Charftab Trus Conte or tsof he Financial Statements r Ende Ima 20 Page Report of tha Truste08 1 to 2 Independent Examln8rf8 Re"port Statsment of Flnanclal Adlvlu Balan￿ Sh••t Nots8 to the Flnanclal Statemgnts 6 to 9 D•tall8d Stat•meht of Flnandai Act[￿U68 10 Th8 Doo s Charitable Tru ort of the Trustees rEnd 31 Mar or 202 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. Thè trustees have adopted the provisions of Accounting and Reporting by Charitles: Statement of Recommended Practice applicable to chaiities preparing their accounts in accordance wllh the Financial Reporting Standard applicabl& in the UK and Republic of Ireland (FRS 102) (effeGtive 1 January 2019). OBJECTIVES AND ACTIVITIES Objectlves and aims The principal objectives of the trust are toward the relief of poverty, furtherance of Education, the furtherance of religion and any other purp08es whlch are charitable for the community. Publlc benefit The Charity looks to achieve these objectives, whilst derrDnstrating ts chariiable purpose for the public benefft by providing grants and financlal support in pursuit oflhe charity's objective. The trustees consider that they have complied with th8ir duty to tAve due regard to the public benefit guidance when exercising any powers or dulles to which guidance is relevanL Grantmaklng The trustees are responslble for the pollctes, actlvltles and assets of the ch8rfty. They meet regularly to review development8 With regard to the charity. its grant giving activiiles and to maka key decisions. This considers dl aspects Of the grant making and final support provlded. l•Vhen necessary, the trustees seek advlce and support from the ¢harfties professional advisors including solicliors and a￿aUntants. The trustees review the proposds for the grants to be made and other foms of financial support and approve such grants as appropriate. ACHIEVEMENT AND PERFORMANCE Charliabla actlvltles During the year the trustees made grants of £585,000 (2023: £150,500) to The Grace Trust totalling £565,000 and to Hereford Gospel Trust totalling £20,0(XI. Inveslment perfonnance The charity holds a portfolio of resKlential, commèrclal and educational property valued at £3.442,947. Rental income recelved on the property portfolio totalled £135,000 for the year erKl¢d 31 March 2024 (2023: £122,004) All property 18 fully Insured by the trustees and an ongolng malntenance program is in place to ensure a good standard of upkeep. STRUCTURE, GOVERNANCE AND MANAGEMEKr Governing document The charlty is controlled by ts goveming docum8nt, a deed of trust and constiiutes an unincorporated charity. Recrultment and appolntment of new trustsas Current trustees themselves have the power to appDlnt new or additional trustses. Orlglnal trustees appointed under the twst deed remain the current trustees. Key management remuneratlon During the year. the charity dtd not employ or remunerate any staff. REFERENCE AND ADMINISTRATIVE DEfAILS Reglstered CharKy number 1114447 Page 1 The Doouss arltable Trus Re ort of the Trustees Year ed3 March 2024 Princlpal address Rose Cottage Sneedhams Green Gloucester GL4 6EG Trustees B N B Doouss Esq N B Doouss Esq Independent Examlnor Marfc Spashett Klngscott Dlx Limltad Chartered AccI￿ntants GoodMg8 Court Goodridge Avenue Gloucester Gloucestershlr• GL2 SEN Approved by ord r of tha board of trustees on ..... .. .. ar￿ 81gned on Its ￿h¥ll ty. DOQIJ s Esq - Trust88 Page 2 endent Examinerfs Re to the Trustees of e Doouss Charitable Trust Independent examlnerfs 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 2024. Responslbllities and basls of report As the charity twstees of the TrLtst 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 AGt and in carrying out my examlnation I have followed all applicable Directions given by the Charity Commission under Sectron 145(5)(b) of the Act. Indep8ndent examlnerfs statement I have completed my examination. I confimi that no material matters have c<)me to my attention in connection wlth the examination gtving me cause to believe that In any material respect: accounting records were not kept in respect of the Trust as requlred by Section 130 of the Act; or the accounts do not accord with those records; or 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 olher than any requirement that the accounts give a true and fair view which Is not a matter considered as part of an Independent &X8mlnation. I have no concems and have ¢¢Jrne across no other matters in connection wlth the examinallon to whlch attention $hould be drawn In this report in order to enable a proper understanding of the accounts to be reached. M & Voknxt Mark Spashett Klng8cott Dix Limlted Chartered Accountants Goodridge Court Goodridge Avenue Gloucester GlouGest8rshire GL2 SEN 31 Page 3 The Doouss Charilable ust Statement of Financ orThe r Ended al Activities rch 20 31.3.24 Unrestrlcled fund 31.3.23 Total fvnds Notes INCOME AND ENDOWMENTS FROM Donatlons and legacies 111,OC(I 298,068 Investment inccmne 135,0 122,004 Totsl 246.000 420,072 EXPENDITURE ON Raising fvnds 1,197 1,069 Charltable acuvltles General 616,639 160.356 Total 617,836 161,425 NET INCOMEI(EXPENDITURE) {371,836) 258,847 RECONCILIATION OF FUNDS Total funds brought forward 4.519,893 4.261,246 TOTAL FUNDS CARRIED FORWARD 4,148,057 4.519,893 The note8 form part dthese financial statements Page 4 The Doo ss Charltable Trus Balance Sheet 31Ma ch 2024 31.3.24 Unrestricted fund 31.3.23 Total funds Notes FIXED ASSETS Inv8Stment property 3,442,947 3,442,947 CURRENT ASSErs Cash at bank 711,565 1,084,992 CREDITORS Amounts falling due withln on8 year (6,455) (8,046) NETCURRENT ASSETS 705,110 1,076,946 TOTAL ASSETS LESS CURRENT LIABILITIES 4,146,057 4.519.893 NET ASSETS 4,148,057 4,519.893 FUNDS Unrestricted funds 4,148.05T 4,519,893 TOTAL FUNDS 4,148,057 4.519,893 The fi statements were approved by the Board of Tru8tees and authorised for issue on . and were signed on ils behaff by: N B Doous Esq - Trustee The notes fomi part of these financial statemants Page 5 The Doouss C rilabl otes o the Financlal Statemen or The Year de March 2024 ACCOUNTING POLICIES Basis of preparlng the flnancial statements The financl81 statements of the charity, whlch ts a public benefit entity under FRS 102. have been prepared In 8c¢ordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities. statement of Recommended Practi￿ appllcable to charities preparing their aGcounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019),, Financial Reporting Slandard 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 ¢onvention. Income All Income Is r•cognised in the Statement of Finandal Actlvlties once the charty has entitlement to the funds, it i¥ probable that the Income wlll be recelved and the amount can bo mea8ured reliably. Expenditurn Liabllitles are recognised as expenditure as soon as there Is a legal or constructive obligatlon committing the Charity to that expenditure, it is probable that a transfer of economic beneffts 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 aggreg8te all cost relaied to the category. Vvhere costs cannot be dlrectly attributed to part¢cular headings they have been allocated to activitles on a basis consistent ￿th the use of resour¢e3. 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. Investment property Investment property is shown at most recent valuatlon. Any aggregate surplus or deficit arising from changes In falr value is recognised in the Statement of Financial Activities. Taxatlon The char5ty Is exempt from tax on its charitable activitle5. Fund accountlng Unrestrided funds can be used in accordance the charitable oblectiV88 at the discretion of the trustees. Restrictad funds c8n only be used for particular restricted purposes wlthln the objects of the charlty. Restrlctions arise when 8pecified by the donor or when funds are raised for p8rtlcular restrlcted purposes. Furthar explanatlon of the natur• and purpose of fund 13 Induded In the notes to the fin8n¢lal statemènts. INVESTMENT INCOME 31.3.24 31.3.23 Rents re￿iVed 135,000 122,004 Page 6 continued... TheD ss Chari le Trust ote to the Financlal St For eyea En ements - con 2024 nue RAISING FUNDS Investment management costs 31.3.24 31.3.23 Property repalrs 1,197 1.069 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year erKled 31 March 2023. Tru8tees' exp8n$es There were no tru$t•es' expenses pald for the year ended 31 March 2024 nor for tho year ended 31 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unr8Strlcted fund INCOME AND ENDOWMENTS FROM Donation8 and legades 298,068 Investment income 122,004 Total 420,072 EXPENDITURE ON R81slng funds 1,069 Charftable actlvltle8 General 180.358 Total 161.425 NET INCOME 268,647 RECONCIUATION OF FUNDS Total fund¥ brought forward 4,281,246 TOTAL FUNDS CARRIED FORWARD 4,519,893 Page 7 continued... The Doouss Charitable st otes to the Financial Statements - contlnued he Year nded 31 rch 202 INVESTMENT PROPERTY FAIR VALUE At 1 Aprll 2023 and 31 March 2024 3,442.947 NET BOOK VALUE At 31 March 2024 3,442,947 At 31 March 2023 3,442,947 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trdde creditor¥ Taxallon and 8c¢l816ecurity other creditors 120 4,320 2.015 990 7,056 6,455 8.046 MOVEMENT IN FUNDS Net movement in furKIs At 31.3.24 At 1.4.23 Unrestrlcted funds Gen8r81 fund 4,519,893 (371,836) 4.148,057 TOTAL FUNDS 4,519,893 (371,838> 4,148,057 Net movement In funds, included In the above are as follows.. Incomlng resources Resour￿5 Mtmment axpended in funds Unrestrlcted funds General fund 246,000 (617.836) (371,838) TOTAL FUNDS 246.000 (617,836> {371,836) Comparatlves for movement In funds Net movernent in funds At 31.3.23 At 1.4.22 Unrestrfcted funds General fund 4,261,246 258,647 4,519,893 TOTAL FUNDS 4,281,246 258,647 4,519.893 Page 8 continued... The Do scha ble Trus to the F" For The Y anc als En tements - contlnu 31 2024 MOVEMENT IN FUNDS - contlnued Comparative net movement in funds, induded in the ab￿ are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 420,072 1161,425) 258.647 TOTAL FUNDS 420,072 (161,425) 258,647 A current year 12 months and prior year 12 months combined posiilon is 88 follows.. Nat movement In funds At 31.3.24 At 1.4.22 Unrestrfcted funds General fund 4,261,246 (113,189) 4,148,057 TOTAL FUNDS 4,261,248 (113,189) 4,148,057 A current year 12 months and prior year 12 months comblned net movement in fund5, Included In the above are as follovA: Incomlng resources Resources expended Mov8m8nt In funds Unr8Strlct8d funds General fund 686,072 (r19,261 > (113,189) TOTALFUNDS 666.072 {779,261) (113.189) RELATED PARTY DISCLOSURES There werg no related party transaclions for the year ended 31 March 2024 or the year ended 31 March 2023. P•Je 9 Doouss Charitab rus Statement of Flnanclal Activltl heye nde 1 March 202 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donatlons andlogacles Gifts 111,000 298,068 Investment incomè Rants received 135,000 122,004 Total Incomlng resources 246.000 420,072 EXPENDITURE InveBtment man8gement costs Property repairs 1,107 1,069 Charltable actlvltl88 Rates and water Insurance Sundries Grants to In8titutlon8 2,860 3,814 2.832 150.500 (4.069) 585.000 580,931 159,806 Support C08t8 Governance cost8 Accountancy and legal fees 35,708 550 Total resources expended 817,836 161,425 Net (expendltureifincome {371,838) 258,847 This page does not form part of the statutory financial ststements Page 10 Inde ndent Examinerfs Re orttotheTr The uss Charitsble Trt￿t Independent examlneT'S report to the trustees of The Doouss Charitsble Trust l Teport to the ¢haiity trustees on my exaninatxM ol the accounts of The Doouss Charitable Trust {the Trust) for the year ended 31 March 2024. Responsibilitie5 and basis of report As Ihe charity trustees of the Trust you are reswisible for the preparation of the accounts in accordance with the requirements of the Charit￿$ Act 20111.lhe W. I report in respect of my examinatk?n of the Trust's accounts canied oui under Section 145 of the Act and in cafrying out my examination I have folithvgj all applicable DirecborB given by the Charity Commission under Section 145{5)Ib} of the Act. Independent examiner's statement I have completed my eXaminat￿n. I confiThn that no matenal fflatters have come lo my attention in connection with the examination gNing me cause to believe that in any material respect.. attounting records were not kept in respect ofthe Ttust as required by Sect¢on 130 of the Act." or the accounts do not aGcord with those records", or the accounts do not ¢ompty with the applitile requirements concemiThJ the fom content of accounts set OLrt in the Charitse5 (Accounts and Reports) RegulatIor￿ 2008 olher than any requirement that the accourrts give a lJue arKI fair blew whith is nc* a m*r considered as part of an independent examination. I have no concems and have come across no other matters in connection wth the examination to which attention should be drawn in this report in ¢Nder to enable a proper understanding of the accounts to be reached. M G