THE DAWE FAMILY TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
CHARITY NUMBER 1119140
‘
THE DAWE FAMILY TRUST
TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2025
Report of the trustees for the year ended 30. June 2025.
The Trustees have pleasure in presenting their annual report with the financial statements for the year ended 30 June 2025.
Legal and administrative information
| Trustees | MrsJoannaDawe | ||
|---|---|---|---|
| MrJacob Dawe | |||
| MrStephenFox | |||
| Mrs Jane Dawe | |||
| ; | |||
| CharityNumber | 1119140 | ||
| PrincipalAddress | Clifton Down House | ||
| 54A Whiteladies Road | |||
| Clifton | |||
| Bristol | |||
| BS8 2NH | |||
| Independent | Examiner | GC Barber, Chartered Accountant, | |
| Graham Barber Accountancy Limited | |||
| 18 MinsterWay | |||
| Bath, | |||
| BA2 6RH | |||
| Bankers | NationalWestminsterBankPLC | ||
| POBox 238 | |||
| Corn Street | |||
| Bristol | |||
| BSt tHQ | |||
| Solicitors | StoneKing, | ||
| UpperBorough Chambers, | |||
| . | Bath | ||
| BA11RG |
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Trust’s Charitable Trust Deed, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Charities Act 2011.
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THE DAWE FAMILY TRUST
TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2025
Structure, governance and management
The Trust was established by a charitable trust deed on 23 April 2007.
There are 2 Founder Trustees, Mrs Joanna Dawe and Mr J Dawe, as well as a First Trustee, Mr S P Fox. The second Trustee, Mrs Jane Dawe, was appointed on 1* June 2018. The Founder Trustees retain their positions for life. First & second Trustees are appointed for a term of 3 years upon which they have to apply for reappointment as set out in the Charitable Trust Deed.
The Trustees meet on a regular basis and at each meeting monitor the progress of the Charity’s income and expenditure as well as considering requests for grants.
Risk management
:
The Trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established procedures to manage those risks.
Object of the charity
The Trust’s objects are of aiding disadvantaged young people, between the ages of 16 and 30, in the United Kingdom.
The trust provides grants to benefit and support suitable candidates. As part of their objectives, in May 2020, the Trustees acquired two self-contained flats which are let, at a reduced rent, to disadvantaged young people with the aim of providing them with an initial stepping stone to independent living.
The trustees are in ongoing discussions to identify and acquire additional property to let out to suitable candidates.
Public benefit
The Trustees confirm that they have considered duties imposed on them by section 17(5) of the Charities Act 2011 regarding public benefit. In making grants during the year and in planning their grant making activities for the year ahead and continuing to provide assistance to disadvantaged young people in the United Kingdom and throughout the world they consider that they have complied with the Act.
Achievements and performance
The trustees have continued to provide financial support to suitable candidates throughout the year and have also provided a limited amount of assistance to other charities working to support young disadvantaged people.
Financial review
A donation of £600,000 was received in the year from Sanderson Solutions Group plc (Previous year £350,000).
During the year financial year ended 30 June 2025 the trustees approved 817 (2024 — 583) applications for assistance for disadvantaged young people at a total value of £619,804 (2024 — £486,861). Administrative costs and governance have again been kept to a minimum.
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THE DAWE FAMILY TRUST
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TRUSTEES’ REPORT FOR THE YEAR ENDED 30 JUNE 2025
In May 2020 the trustees acquired two new single bedroom flats in Bath & North East Somerset and these are leased to a Bath based housing charity for an initial 5 year period commencing on the 26 May 2020 to assist with the provision of housing. Rental income derived was £16,848 (2024 - £13,653). Associated costs were £2,949 (2024 - £4,815).
Reserves policy
It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between 3 and 6 month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the trust’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
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Grant making policy
The charity welcomes grant applications from both individuals and organisations working towards the same objectives. Grant applications are considered and discussed on a rolling basis by a minimum of two Trustees.
Plans for the future
The Trustees plan to continue existing grant making policies recognising that the present economic squeeze is having a disproportionate impact on the Charity’s clients.
Trustee’s responsibilities in relation to the financial statements
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements giving a true and fair view, the Trustees should follow best practice and:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates which are reasonable and prudent;
state whether applicable UK accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and:
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the trust will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities SORP (FRS102), Charities Act 2011, and the provisions of the trust deed. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 29April 2026 and signed on their behalf by:
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Mrs J Dawe
Trustee
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THE DAWE FAMILY TRUST
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES
I report on my examination of the accounts of the Trust for the year ended 30 June 2025, which are set out on pages 5 to 10.
Responsibilities and basis ofreport
As the trustees of the charity 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 charity’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 2011 Acct.
Independent examiner's statement
Since your charity’s gross income exceeded £250,000, your examiner must be amember of a listed body. I can confirm that I am qualified to under take the examination because I am a member of the Institute of Chartered Accountants in England & 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:
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
*¢ the accounts do not comply with the accounting requirements concerning 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 my examination.
I have no concerns and have come across no other matters in connection with the examination which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name of principal: Graham Barber Name of firm: Graham Barber Accountancy Limited Relevant professional qualification or body: Chartered Accountant Address: 18 Minster Way, Bath Date: 29 April 2026
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THE DAWE FAMILY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
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|||||||
|---|---|---|---|---|---|
|YEAR ENDED 30 JUNE 2025|
|Unrestricted|Funds|
|Notes|2025|2024|
|£|£|
|Income|and Expenditure|
|Donations|and legacies|2|600,000|350,000|
|Activities|in furtherance|of|the|charity's|objects:|
|Rental income|16,848|13,653|
|Investment income|,|
|Bank &|interest|3|511|2,024|
|Total Income|617,359|365,677|
|Expenditure|
|Charitable|activities:|
|Grants made|to|organisations|4|-|1,000|
|Grants made|to|individuals|4|619,804|486,861|
|Flat running costs|5|2,949|3,491|
|Amortisation and|depreciation|5|7,434|7,278|
|Postage|and|stationery|5|939|876|
|Bank charges|5|295|235|
|Independent examination|6|1,230|1,120|
|Total expenditure|on charitable|activities|632,651|500,861|
|Net Income/(Expenditure)|and net|
|movement in funds for the|year|(15,292)|(135,184)|
|Balances brought forward|at|1|July 2024|399,605|534,789|
|Balances|carried forward|at 30 June|2025|384,313|399,605|
|The notes on pages|8|to|10 form part of these|financial statements|
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THE DAWE FAMILY TRUST
BALANCE SHEET
AS AT 30 JUNE 2025.
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||||||
|---|---|---|---|---|
|2025|2024|
|Notes|£|£|
|Fixed assets|
|Long Leasehold|Properties|7|320,243.|327,521|
|Equipment|7|644|-|
|Current Assets|
|Bank balances|64,528|71,878|
|Debtors|8|128|1,324|
|Creditors: Amounts|falling due|
|within one year|9|(1,230)|(1,118)|
|Total Assets|Less|Current Liabilities|384,313|399,605|
|Accumulated funds|
|Unrestricted|funds|384,313|399,605|
|Restricted funds.|-|-|
|Total funds|384,313|399,605|
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The financial statements were approved by the trustees on 29 April 2026
yj J Dawe Trustee & Chair
Mr S P Fox Trustee & Hon. Treasurer
The notes on pages 8 to 10 form part ofthese financial statements
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THE DAWE FAMILY TRUST
STATEMENT OF CASH FLOWS
YEAR ENDED 30 JUNE 2025
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|---|---|---|---|---|---|---|
|Notes|2025|2024|
|£|£|
|Cash flows|from operating|activities|
|Net cash used by operating|activities|10|(23,909)|(144,862)|
|Cash flows from investing|activities|
|Interest and rent from investments.|17,359.|15,677.|
|Purchase of|equipment|(800)|-|
|Net cash provided by investing|activities|16,559|15,677|
|Change|in cash and cash equivalents|in the|
|reporting period|(7,350)|(129,185)|
|Cashand|cash|equivalents|at the|beginning|of|[the]|
|reporting period|71,878|201,063|
|Cash and cash equivalents|at the|end of the|
|reporting period|64,528|71,878|
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The notes on pages 8 to LO form part of these financial statements
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THE DAWEFAMILY TRUST
NOTES TO THEFINANCIAL STATEMENTS
YEAR ENDED 30 JUNE2025
i. Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
(a) Basis of accounting
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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
The Dawe Family Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
(b) Income
Donations, legacies and other forms of voluntary income are recognised as incoming resources when receivable, except insofar as they are incapable of financial measurement.
(c) Resources expended
Govermance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include accounting fees and fees for independent examination.
(d) Amortisation of long leasehold property
Amortisation is charged at 2% pa
(e) Depreciation of equipment
Depreciation is charged on a straight line basis over three years.
(f) Going concern
The trustees consider that there are no material uncertainties about the ability of The Dawe Family Trust to continue as a going concern.
(g) Legal status of the Charity
The Dawe Family Trust is constituted as a Trust, an unincorporated body.
|
| 2. | Donationsandlegacies | 2025 | 2024 |
|---|---|---|---|
| . | |||
| £ | £ | ||
| Donations and gifts | 600,000 | 350,000 | |
| ——————————SSSE—O—r—————— | |||
| 3, | Investmentincome | 2025 | 2024 |
| £ | £ | ||
| Interestreceivable | 511 | 2,024 | |
| Lowey. | |||
| 4. | Charitableactivities -Grants payable | 2025 | 2024 |
| £ | £ | ||
| Theamountpayable inthe yearcomprises | |||
| Payable to organisations: 0grants (2024: 1 grant) | - | 1,000. | |
| Payable toindividuals:817grants (2024:583grants) | 619,804 | 486,861 | |
| Total | 619,804 | 487,861 | |
| be |
%
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THEDAWEFAMILY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
YEAR ENDED 30 JUNE 2025
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|---|---|---|---|---|---|---|---|
|5.|Charitable|activities|2025|2024|
|£|£|
|Postage|and|stationery|939|876|
|Bank charges|295|235|
|Long|leasehold|amortisation|7,278|7,278|
|Depreciation:|156|-|
|Flat running|costs|2,949|3,491|
|11,617|11,880|
|No|trustee received any|remuneration|in|the|year.|
|No|trustee received|any|re-imbursement|of expenses|in|the year.|||
|Fhere were no staff|or|staff|costs.|
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6. Charitable activities - Governance Governance costs
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|---|---|---|---|---|---|---|
|6.|Charitable|activities|- Governance Governance|costs|2025|2024|
|£|£|
|Independent examiner's|fee|1,230|1,120|
|a|=|
|7.|Fixed|Assets|2025|2024|
|Long|leasehold property|£|£|
|Cost|at|1 July|2024 and|30 June 2025|363,911|363,911|
|Amortisation at|1 July|2024|36,390|29,112|
|Amortisation|for year|__ 7,278|7,278;|
|Amortisation at 30 June 2025|43,668|36,390|
|Net book value 30 June 2025|320,243|327,521|
|GS|
|Equipment|£|£|
|Additions|800|-|
|Depreciation for year|
|Depreciation|at 30 June 2025|156|"|-|
|Net book value|30 June|2025|644|-|
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THE DAWE FAMILY TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE2025
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|---|---|---|---|---|---|
|8.|Debtors|2025|2024|
|£|£|
|Prepay|ments|128|1,324|
|9.|Creditors: Amounts|falling due within one year|2025|2024|
|£|£|
|Accruals|1,230|1,118|
|10.|Reconciliation of net income|to net cash flow from operating|activities|2025|2024|
|Net expenditure|for the|reporting|period|(as|per the Statement|
|ofFinancial Activities)|(15,292)|(135, 184)|
|Adjustments|for:|
|Depreciation|and|amortisation|7,434|7,278|
|Interest|received|(511)|(2,024)|
|Rent received|(16,848).|(13,653).|
|Decrease/(increase)|in|debtors|1,196|(1,324)|
|Increase|in|creditors|112|45|
|Net cash usedby|operations|(23,909)|(144,862)|
|NN|
|"1.|Related party transactions|
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Donations received from Sanderson Solutions Group plc £600,000 (2024 £350,000).
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