Charky Rolllstratlon No. 1119324 81LVER STAR DIABETES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 DE¢EMYER 2023 John CumrninB Ross Llmhed Charterèd CèrtlfltdAt¢ountaThts 1st Floor. Klrkland House 11-16 Peterborough Road Harrow Mlddlo8OX HA1 2AX
SILVER STAR DIABETES LEGAL AND ADMINISTRATIVE INFORMATION Truste89 Ms R E C8rter MBE Dr D Mcconnell MrKVaz Charlty number 1119324 Prln¢lpal addrfrs8 Sllver Star Diabetes 201 Upplngham Road Leicester LES 4BQ Independent oxamln6r D P Unarkel John Cumming Ross Limited Chortered Certih'ed Accountants 1st Floor, Kirkland House 11-15 Peterborough Road Harrow HA12AX 8ank&rs TSB The Roundway 284a HtJrnbor$long Lane Leicester LE4 gJN
SILVER STAR DIABETES CONTENTS Pag Truslee8' report Independent 8xamlnerfB report Statement of finend81 actlvllle8 Balance she81 Note8 to the financial 8tal¢ments 8-14
SILVER STAR DIABETES TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Tho Twsleg$ present their r¢port and nanCIal 81alements for the year ended 31 December 2023. The financlal statements havè bean prep8red In attordance w7th the accounting policies set out In nots 1 to th8 financlal $1glemenis and comply with the charills govemlng document, the CharS1ies Act 2011 and 'Account1ng and Reporting by Charltie$'. Slalemenl of Recomrnended Pracllce applicable to charllles prèparlng their account8 in axordancg wllh tho Fb)anthal Reporting Standard applIcaa In the UK and RepubllG ol Ii&land IFRS 102}18ffecllv8 1 January 20191" Objectives and actlvltle5 The charity's objectives a.. 1. To educate and Iraln thg gener81 publle In the Unlled Klngdom on 811 matters related to diabetes ond lated diseases, Includlng ils causes, symptoms, treatment and re8earch, as well 85 the ¢h311ongé8 faced by those 8Lffter from it. 2. To r818e public awareness of the exSstenc• of dlabeles, aiming lo comb81 il beforé il progresses from a pre dl8belo$ Stagè to a diabetes Stage. 3. To prornole and protect the phy8l¢al and mentsl health of individuals sufferlng from diabetes, by piovidlng screenlng la¢11111gs, equipment and service5. 4. To promote resear¢h into dlobetgs ond to publlsh th8 useful re8u118 of such research. 5. To apply th8 Inrne 8nd tt)& capltsl of tte charity for such other charllabl¢ purpos and registered ch8rille$ as tho trus1g¢s, In Ihalr gb8olule di3crelion, deem appropriate from tSrne to ilm8. The Trustee$ meet regularly lo revlew the affaits of the charily,Th8y have paid due regard lo guldance Issued by the Charity Commlgslon whèn deciding which acilvilies th& ¢h81ily should undert8ke. We have referred lo th8 Charlty Commission's general guidance on PL¢blic benefit in tho reviow ol our work prg$&nlgd In IhSs report. The charlty belleves 11 has d&mon8traled thèf 11 provides public benefit through the sgrvices il offers and the largel groups it $8gk$ lo halp. Further delai18 can be found on th¢ ¢hailty'g websiie: www.silverslarind5a.org Achlevements and p•rforman¢• THE AFfERMATH OF COVID AS with many other charillos. Silvar Star Dlabale8 faced significant challenges durlng the COVID- 19 pand&ml¢. Durfng this period. fundrolsln9 had been difficult 8nd en8urlng that existing liabilities were covered became & malor conc6m. The Charity has experienced a struggle Sn re-ast&bllshlng the volume ol MDU visits, whSch also acted aB fundralslng events, The trustees aTe mlndful ol IhB Importanco of safeguardlng 88sel8 whlle also maintalnlng the ¢harlly'$ core principle8. Slnea its eslabllshmenl, the charity has tested ovgr 70,000 people for diabetes. referrad over 4.500 people for we- diabeleg. and has. in the past, provid@d courses of Insulln for people in North Afriea. Throughout [1$ exlslence. Silver Star Dlabeles ha8 worked wllh 330 dlfferenl partngrs. 11 ha8 a180 organized over 250 diabetes aw8r&nes8 camp5 inlernalionally, including Gamps held In Banglado8h, Indla, and Tvnlsla. THE DIABETES VILLAGE Silver Star Dlabeles successfully launched Ihg Dlabeles Village Inlliatlve In partnership with NHS Lelce81ei City Cllnical Cornrnlsionlng Group at the Merlyn Vaz Health and Social Care Centre Ilocalgd al 1 Splnnoy Hlll Road, Lticeslerl The Diabetes Village was establlshed to provlde comprehen8ive diabete8 care and support under one roof. We were mindful that, within thg same bulldlng, there wwe serv18 for dlabeles. dentsl care. ophlhalrnology, and three different do¢lor surgerie8. During 118 operation, the village tested hundreds of Individuals al rlsk of dlab¢le5, who were then Invlled lololn one of the many Intervention programs that the NHS had in mlnd localty.
SILVER STAR DIABETES TRUSTEES, REPORT ICONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 DIABETES CHAI CHAT Laun¢hod during Ihe pand8mic, the Dlabetes Chai Chat has conllnuèd to be a great success. This year. 40 se8slon8 were ¢ondu¢led with 8pedallsls, including diabetes doctors, lifestyle motivators, and dlel expèrtg. Alhough the number ol allendees has grown, Iruslees felt It was importsnl for Ihg expanslon lo contlnue beyond It8 core base, and measur&5 will be taken lo ensure thi8 happens. W8 a150 established ongoiThJ communication wSlh dlabeuc pr8clkloners and those who have used our servicès in Leicesler, London, Morocco, IndSa, and Bangladesh. Sharing Information remains ong ol the key alms ol the charlly. Since the Dlabele8 Chal Chal began, ovèr 90 68sslons have taken place. wllh an additlonal 1,600 peop19 gllandln9 thi$ ytrarfs aclivilies. LOLLIPOP PROJECT Launched In 2022, Sllver Stsr Dlabeles continues lo be a key partner In the Lollipop. prol@cl, a collaborallon wth Imperial College and the Welcome Trust. held al the MeTlyn Vaz Centre. Over 10.000 lett&r8 wero 8enl lo local residents. inlorming them about the importance of the Lollipop project. Silver Star vacated its prem18e$ al the Merlyn Vsz Centre lo 8¢commodale those conducting th& survey. To dale, ovei 50,000 partScipan19 havè completed as88ssmenls for the Lolllpop prolecl. Th13 8tudy18 dedl¢8led lo advancAng the understanding of genetic, environmentsl, and lileslylo factors speciflc lo the South Asian community. Although the prol¢ct was Inlllally due lo end In July 2024, both Sllvor Star Diabetes and the promoter8 of the South Aslan Blobank ISABBI project wish lo conllnue 11. Thg resgarth, led by Prof8ssor Jaspal Kooner, airns lo provlde 8arty in8ighl8 Into the needs of the communKy. Diaboles figures In the Lelcesler community GOnnUe lo ris¢, reaching 40.000 cases. Nalionally. Ihg number18 much hlgher, with 5.8 mllllon 8ffecled. Last year, we collaborated wllh 8evwal local authorilles. though rKIt on th$ same scal& 88 durlng the COVID pandemic. In addltton, the Moblle Diabetes Unit was requested by the East Lelceslgr Medical Practice followin9 0 sovere storm, whlch rendered Ihelr premlses inaccesglble. Th& unil was reroul¢d from 118 existing aclivili&$ and ststioned Ihwe to conduct routine consultations, allowing nurses and doctors frr>m onè of the I81est practlcas In Leicester to conllnue thelr ¢99onllal work. COMMUNITY OUTREACH As In prevlous years, Sllv&r Star Dlabeles ha8 organlsed acllvlues In oollaboralion with mosques. temples, guTudwaras, and churches. égpècially lèadino up to religious foslivals sueh 8$ Eld, Vai#akhi. and DlwaSi. Tho Charfly Intends for the Mobllg Dlabète8 Unll to ¢onllnue being PTe8enl 81 such ev8nl8. As menlloned earlier In Qui r&port, Ihg ¢hallenge5 following cov119 conlSnue lo Impact us. particu18rty In fundraislng. The biggest ch8llengo has been r818ing funds. However, the annual Diabetes Awareness Walk was held again this year and remalns one of the chatfjly's maln fvndraising events. The walk look place in the city of Leicesler, with many particlpanls loinlng In. 11 not only raised valuable funds but also enhanGed the charity's visibility. e¥peGially among the dlverse communlty of Lel¢esler, maklng people rnore aware of our work. Anolhor lundrai8lng 8Ct4vlty the charfty undertook was the annual raffle, wrth gold bars as priz&s. One gold bar WES Ihg maSn raffl& prtze, drawn dLtrlng the Oiwall leslival. Among th8 key ev8n18 that the Mobile Dlgbele$ Unll attended was Diwall In Lelc&sler, which regularfy attracis 40,000 people. The Mobilé Oiabele8 Unil, along wilh volunteers. was prgsenl lo tgst wopl6, 8ell raffle Ilckeis, and dlslflbule16allel8. INTERNATIONALWORK Individual donktions, which have been a cru¢lal $uppc>rt for Sllver Star in the past. havg not been a8 pl8nlllul In 2023. En8urlno the cOnnu8110n of such activltie5 Is essenllal, Sllver S18r al ¢tsllaboraled wSth 51$ partn8r, Silver Star Dlab&tes Indlo. to hold & 8ucc8s8ful diabetes carnp In Goa. Many people allended. were tested for dlabeles, and rec&lved Itfestyle advl¢&. We plan to continue this work and hotd onolher event in Kolkata. Tho charlty18 now approachlng ils 20th onnlvei8ary in 2027. Vvhalever challenges await u8 need lo be addressed, regarding our abilily we wlll conUnu8 lo collaborate with various local and nallonal organisalions lo further Sllver Star Diabete5' ml$8ion. Diabetes 1$ on the rlse whlch Is why Ihe work of this ehBrfty r&malns so Important.
SILVER STAR DIABETES llff/[£lllJ TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 FlnanGlal revlew The charity has experienced a significant drop In the level of income. A large proportion of the incorne In the previous year was mgde up of Donallon8 from the Local NHS Aulhoriliès and Counclls. In the current year, the NHS Councils and Aulhorltles havo not supported the charity with Donation8. This has led to the substantial decrease In Incom¢ from last year. The TNsl¢8s ensure Ihol Iheffj are always $uffiGienl funds in resèNe8 lo malntain Ihelr actlvllle8, which wa$ eBpeclally important this year due lo the decline In donallons. The Tru81908 have assessed Ihg major risks lo whlth tho Ghprily is exposed. and are 8all8lled that systems are In place to mlHgale exposure to the major rlsks. Tho charlty181o conllnue provldlng freg dl8b&tlc tesllng 8nd Information About dlab8tes across the United Klngdom with vlsits Irom the MDV$', Durlng this period. the charity also contlnued to offer online zoom group 8essions where they could glv8 advice lo pallenls. The8& sessSons are lo continue for th& foresggable fuluro. On top of ihlg. ihe charity helps out 81 the Dl8be11¢8 VilS8ge in L8icestsr. The reslrlded funds relat& lo a grant of £122,131 recelvod the year ended 31 Déc*nbèr 2014. A letler of varlallon was reIVed from th6 donor In Ihfy Year Ending 31 December 2016 explaining how the funds should b& allocated. Thg charlty has rastdcted funds Carripd foN4ard of £70,308. structure. govèrnance and management Sllver Star Dlabeles was consfjtLtl¢d by a trust deed doted 26 March 2007. The charlty wa8 reglslered on 21 May 2007. The Trustees who served durlng the year werè.. M8 R E CarterMeE Dr D Moconnell MrKVaz Trustee3 must be appointed by a resolullon of thè Twslees. As per the trust deed there must be no less than two or more Ihan fivts Iru81888 al any one lirne.
SILVER STAR DIABETES TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Statement of TfU$tees' responslbllltles The Trustees are responsible for preparlng th& Trustees, Report and the* finon¢ial stslemenls in accordance with applicable law and United Klngdom Accounllng Standard5 (Unhed Klngdom G&neralty Accepted Accountlng Pracllcfrl. Tho law appllcable to charllles In England and Wale8 requires the Trustees lo prepare fin8n¢lal $lalements foi each financlal year which glve a true and fair view ol Ihe 8lal6 ol affBlr$ ol Ihg chaTily and of the incoming resources and applicatlon of resource8 of the charity for Ih&l y&ar. In preparfng the88 financial slalaments, th8 Tru$le¥8 are requlr•d to: select sultablo aoUntIng polldgs and then apply Ihgm o)nststenlly.' - c4)8ervg the method8 and prfnclples In Ihe Charities SORP; - make judgements and esllmales that are reasonable and prudenl.. st819 vth&lher appllcable acctsunling 3lat)dards have be¢n followed, 8ublect to any matertal departuies dl8do8ed and explalned In th& finandal slalemenls., and prepare the financlal 81at8menl8 on tlio going concwn basls unle$8 it is Inapproprtgla lo wesume that tho charlty wlll conllnuo In operallon. The Trustees are rtssponsibla for kèeping sufficlanl accounling iecords that d18closa with reasonable accuracy al any lime the financial posilion of the charity and enable them to ensure that the financial statements comply with the Charllles AGI 2011, the Charlly (Flnancial 5t8lemenls anrl Reports) Regulatlon$ 2008 and the provisions ol the trust degd. They aro also re8pon8ible for $8feguardlng the assets of thè Charity gnd he¢Ke for 18knng rgasonable 81eps for the prevenllon and detection of Iraud and other irregularilles. The Truste&s' report was appr¢)vod by th8 Board ofTrusle&$. M8 R E Carter MBE T¥u8lee Dr D Mcconnell Trustee MTKVaz Trustee Dated.. IQ,. lo .202Q Dol¢d..LCs.,.io....2p24
Qffll£lOIf, SILVER STAR DIABETES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SILVER STAR DIABETES I r9POrt lo the Trusleas on my examlnallon of the flnanclal statements of Silver Star Dlabetes I'th& ¢harily'l for Ihe year endtrd 31 Do¢¢mb¥r 2023, which compris9 tho Stalomgnt of Flnan¢lai A¢liyilies, the Balan¢e She81 and related note8. This report 18 made solely lo the charity's Iruslees. as a body. in accordance with Section 145 of the Charilles Act 2011. My work ha8 béen undertaken $0 that I might ststg lo the Charlty'$ trustees those matters l am required lo slate to them in this port and for no other purpose. To the lulleg16xlgnl pwmitted by law. I do not accept or assum8 responslbllSly to anyono other than the ch8rfty and the ch8rlVs Iru8t8es 88 a body, for my work, lor Ihls report, or for tho oplnions I have forffled. R•8ponslbllltle8 And basls of report As the Trustees ol Ihe charlty you are responble for the preparallon of th& flnancfjal 8latèmenlg In accordance with the requiremenls ol tho Charltl&s A¢1 20111'tt)fyAcfl. I report In re8pect of my examlnallon ol the chafily's financlal statements carrled out under section 145 01 the Act and in carrying out my exarninalion I have fc41owed all th8 appllcable Dlredlon$ given by tha Charily Commi88lon under section 14515llbl ol theAct. An Independent examlnauon does not Involve gatherlng all the evldencè that would be required in 8n aLMlil and consequently does not cov&r all tha m8ller8 Ihal an audllor Conslders in glvlng Ihelr oplnlon on ihe flnancial stalernenls. The planning and Conduct ol an Audit goe8 beyond Ihts Ilmiled a58urance ih81 8n independent examlnalion can provlde. Cons&quenUy l èxprè9s no opinion 88 lo whalher tha financial 8lal8men18 present a 'true and fai¢ view and my report 1$ limitod lo those specifi¢ matters $8t oul In Ihtt independent examiner's Statement. Independent oxamlner'8 8tst&m$nt I have completed rny examinallon. I confirm th81 no malerfal maller8 ha eom8 lo my attenllon In Connectlon wfth the examinalion giving me cauge to believe Ihal any material respect.. a¢wunling cordS were not kept in r&sp6cI of the charity as requlred by section 130 of IhèAct.' or the financlal statements do not accord th those records.. or the flnanclal st8temonl$ do not Comply with the appllcable requiremenls conrnIng the form and nlent of accounts set out In the char118¥ IAccoun13 and Report81 Regulations 2008 olher Ihgn any requirement that thg accounts glve a Iru8 snd falrf vlew which 16 not a maller considered as part ol an Independent èxamination. I have no ¢oncern$ and have come a¢ross no other malier8 in conno¢llon wllh thé examination lo which attgnllon should b& drawn In thls roport In order lo enable a proper underslandlng of the flnandal 8tatemen18 to be reach&d. Mr D P Unafket FCCA John Cumming Ross Limited Charterèd Certified Accountants 191 Floor, Klrkland House 11-15 Peleiborough Road Harrow Middlesex HA1 2AX Daled..
SILVER STAR DIABETES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrastrlctgd Re$trlcted funds funds Total 2023 Total 2022 NotèB Donailon$ Invg$lmenls Other income 33,288 18,043 1.473 33,288 16.043 1.473 141,382 18.512 207 Total Incomg 50,804 50.804 158,101 Ex endlturè Ralslng funds 552 552 12,700 Charftable actlvltlès 86,456 88.458 152.166 Totsl r0ree5 expended 87,008 87.008 164,886 Net galn$ on inveslrnenls 85.000 Net lexp&ndlturelllncom& for th8 year 136,2041 136.2041 78,235 Net movoment In funds {30,2041 {3e.204} 78,235 Fund balances al l January 2023 487,536 70.308 557,844 479.609 Fund balancos at 31 D0¢trmb¥r 2023 451.332 70.308 521.640 557,844
SILVER STAR DIABETES BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Not98 Flxed a88trts Tongibl& assets Investment property io 11 18 350.000 18 350,000 350.018 350,018 Current agsots Debtor8 Ca8h al bank and in hand 13 2,587 208,629 174,395 174.395 209,216 Crfrdltors: amounts falllng duo wlthln ona yoar 14 (2.773) {1,3901 Nel current a88èts 171.622 207.826 Total a8sets188s currant 51abllllle$ 521,640 557.844 Income funds Re81rfctgd funds 1Y 70.308 70,308 Unr&$tfl¢led lun(l$ Fair valu& feserv& 17 17 318,444 134,888 352,648 134,888 451.332 487,538 521,640 587,844 Auihorlsad by tho Trustees for188Uè OI. Ms R E Carter M8E Trustee Dr D Mcconnell Tru8t¢e MrKVaz Trustee
SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢ountlng pollcle• 1.1 A¢countlng convontlon Thesè financial statements have been prepared in accordaneg wlth FRS 102 'The Flnan¢lal ReportSng Standard 8ppllcable in the UK and Republlc of Ireland" l°FRS 102.1, 'Accounling and Rep()rtlng by Charities" the Slalemenl of Recommended Practi¢8 lor charities applying FRS 102, the Charities Act 2011 and UK Generally Accepted Accounting PracUGe as il applle8 from 1 January 2019. Thg Gharily is a Public Benefit EnlSly a8 defined by FRS 102. Th8 flnandal statements hove departed from the Charities (Account8 and Reports) Regulations 2008 only lo the extent requlred lo provlde a true and falr vl@w. This departure ha8 Involvod following the Statement of Recommended Practico for charities applying FRS 102 rather than the verslon of Ihe Statement of Rècommended Practlce whith Is r8ferred to in Ihg R$gulatlon$ bul which has $inee been withdrawn. Thg fin8ncA81 slatemenl8 have been prepBred under the h181orical cost convenlktn. The principal accounllng pollcles adoptsd are Sel out below. 1.2 Golng ¢oncem At the tlmé of approwng the Flnand81 StOtemenl8, the Iw8tee3 have 8 reagonable expectation that th& charity has adequale resourcgs lo conllnu8 oper8lionBI Èxlstence. as wèll as re¢eiving donations frorn well w18hor8. Thus the Iru6ie&s' continue lo adopl tho yoin9 concein ba8lB of accounting In preparlng the fin8nclal $18lements. 1.3 Charltable lunds Unrestrictèd funds are avgllabl8 lor use at thè discretion of the Tru$lees in furtherance of Ihelr charitablo oty'eclive3. Rgslricled funds are subject 10 8pecifl¢ conditions by donors as lo how may be used. The pury)08e and us& of the restricted fund8 are 8el out In Iho notes lo the financial 8talements. 1.4 Incomlng r&sour¢e$ Income is recognised when the charlty 1$ leg?Ily enliued lo11 after any performon conditions have txen mel, the 8mounl8 c4n btr me88ured rellably, and It is probabl8 that Incom& will be reIVed. Cash donallons aro recognlsed on receipt. other don811on8 are rgcognlsed once tha charlty h88 been nollffed of the donation. unless performance condllions requir& deferral of the amounl. Inctsme lax recoverable in relation to dctnollons received under Gilt Ald or deeds of covenant Is recognlsed at the lime of Ihe donallon. Donated 9oods, 8grvl¢fjs or facilities are InGluded in Inwming rg$ources when the bonefil lo the ¢harlty 13 reasonably quantifiable and measurable. They are valuod by the Iru$le8s at thè amount the charity would have been willing lo pay for the goods. services or facllitles on the optsn market value. The charlty does not recogn18e the volunteer time In accordance with Slalement ol RgGomm8nded Practico for charlil&s applying FRS 102.
SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles (Contlnueill 1.6 Resources èxpeniJ6d Expèndlture on oharitable actlvllles Includes the costs of actlvllle8 undgrtakon lo further tha oble¢Xs ol th6 Gharity and Ihelr dlrectly associated c0518. Support C08t8 ar8 Ih08e costs whlch havè not been dlrectly allocated 10 an activity of the charity but nerthelesS SUPPOrt those aclivilios. Governance costs ¢omprS$e all ¢os15 invc4ving the publk a¢counlabilily of the charlty and ils MplianCe wllh iegulallon and goc¥l practice. 1.6 Tanglble fixed assets Tanglble flxed assets ore Inlllally mea6ur8d at co81 and 6ubsgquenlly rneasured al cost or valuation, net of depreciation and any impalmienl losses. Depreclallon is recognlsed so as lo write off tha cost or valuation of assets les$ Ihelr redUal values over Ihelr useful Ilvey on the foll¢)wing bases: Fixtures, flttlngs & equlpmenl Motor vahlde$ 25% per annum on a straight Ilne basls 25&h per annum on a straight Iln8 ba818 The gain or 108s ar181ng on the dl8posal of an asset 18 determlne¢J as the difference betweèn th8 8a18 proceeds and the carrySnu value of th& asset, ond Is recognlsed In nel In¢omollexpendilurel for the year. 1.7 Inv4stment property The property is held lo earn renlals andlor for capital apprgclglion. 11 is measured u8ing the falr value model 8tateil at Ils falr valu6 8$ thg reportbng and date. The surplu8 or on revaluats.on is fecogaised ITr nel Incomellexpendilure} for the yèar. 1.8 Impalrmènt of flx•d 88gets Al each reporting end date, tha chaiily revi9ws the carrying amount$ of Its langlble assets to delemiine whether there is any indic81ion that those assets have suffered an Impalrmenl loss. If any such indication exi81s. the recoverable amount of the a88et18 estimated In order to determine the extent ol the impalrm9nt 108s {If any). 1.9 Ca8h and cash equlvalents C88h and eash equlvalent8 Include cash al bank. 1.10 Taxatlon The charity Is recoonised by HM Revenue & Customs and therefore benellts from certoln exempUon8 from t8xallon on income and gain8, to the &xtent that they are applied for ¢harSlable purposes. No lax charges have arf8en In the ¢harlty.
SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles Icontlnuedl 1.11 Employ•e benoflt8 The c081 of 8ny unu88d hollday enlillement Is recognlsed in the pèiiod in which the employee's 8¢rvice6 are ¢eSved. TermInaOn benefits are recognised immediately 8$ an oxpense when the charily18 demon6trably commltted to lermlnate Ihe employment ol an employee or lo provlde lermlnalion benefits. 1.12 Retlrement b•n8flts Paymerils lo deflned contribullon retlremenl bon&fil seherne8 charged a8 an expanse 88 they f811 du¢. crftlcal accountlng 08tSmat•s and Judg8monts In the application of the ¢harilYs gccounllng poll¢ies, the Truste&$ ar@ raqulred lo make judgernonts, eslltnates and assumptions about the carrylng amount ol assets and liabiif(les that ore not readily 8ppargnt liom other sources. The &slimalg$ and assodaled a86umpllons are based on hlstorlcal experlence and 0er la¢lors IhBI are con8ldered lo be relevant. Therè were no 81gnificant accounllng ludgmonls or estimates in Ihe year. Investments 2023 2022 Rental income Interest re¢elv8ble 14,323 1.720 15.8S6 656 16,043 16,512 Other Incom¥ 2023 2022 Other Income 1,473 207 Expgndlturo on ralBlng fund8 2023 2022 R8ffl& prkws and event cos18 552 12.700 There wgre no gxpenses fiorn Ro8lrlclgd Funds In the current or prevlou8 year 10-
SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 ChaTllablo acllvlti Ch8rltable expendltur• Support Govgrnance COSt8 costs Total 2023 Total 2022 Wages and salarle9 Soclal security cost S18ff penslon DU'$ c0815 and dirg¢1 ch8tltabltt expenditure Printing. postage and stationgry Insurance Llghl and heal Rent and rates Telephonè Accountancy servlceB Sundry expenses 55.078 913 1,664 11,000 305 $54 ee,078 1,218 2,218 68.656 680 2.595 6.521 8.521 1,251 3,047 196 20 1,361 3,500 1,048 71,383 1,283 3,094 1,251 3.047 147 15 1,021 49 989 1,169 3,500 857 340 3,500 1,048 88.406 14,550 3,500 88.456 152,188 88,4Q6 14,650 3,500 68.456 152,166 In 2023 expondllurè on MDU'8 GOSIG and dirgcl charll8bl¢ activitie8 was £8.52112022.. £71,3e31 of whlch èxpenditur& from re$lricled funds was £Nil12022'. £Nill. Durfng v18118 made by the MDUS, IMobll& Dlabeles Unll'sl to varlous 8v&n18 acro89 the country, qualllled nurses have provided their services to help conduct diabeUG testing. Th&se nurs&$ h8ve been relmburs lor the expenses they have Incurred bul not received any additional payment. The charity does nol recognlse volunteer lime. The charlty rèceived ac¢ounlanGy 8ervlc6s worth £3.50012022.' £3,500) at no chargè. The value of Ih68e servlc¢8 Is Tecognised withln In¢omlng SOurceS a3 a donatlon. and 8n equival¢ charge included with accoun(an¢y servlces. Thw&weTe no expen9es Irom R08t¢lct8d Funds In Ihg current or praviou8 year Tru$tse8 None of the Trustee9 (or any per80n8 conneded wlth them) rw*lved any remuner8tlon or l>eMfits from Iho charity durlng the year. No èxpenses were r¢imbur88d to trustees. 11
SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 310ECEMBER 2023 Employee8 Number of employees The average monthly number of employees durlng the year w88: 2023 Number 2022 Numbgr Dlred charilable work Employment costs 2023 2022 Wages and salade8 Soclal securlty co$ls Other pension ¢0818 66,078 1,218 2,218 86.650 680 2.595 69,514 69,931 Staff whose prlmary dulle5 relate lo the dlrecl ch8rtlable 8¢INilies ol the charfty also 8pend Ilme on management and adrnlnl$lrallve dul¢es and ralslng fund8 for the Charity. There were no em Y¢e$ whose annual remunerallon was £60.000 or morg. Net galnslllo89091 on Snve8tm6nts 2023 2022 Revalutlon of Inveslmgnl propertles 85,000 12-
SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Tanglble flxed a$$¢ts Flxlur¢J. Motorv#hl¢l fiitlnas & oqulpmont Toial Cost Al 1 January 2023 7.525 91.225 98.750 At 31 December2023 7,525 91.225 98,750 Depreclatlon and Impalrment Al 1 January 2023 7,508 91,224 98.732 Al 31 December 2023 7,508 91,224 98,732 Carrylng amount Al 31 December 2023 17 18 Al 310ecember 2022 17 18 11 Invtgtmont proporty 2023 Falr valuo At 1 January 2023 and 31 December 2023 350,000 12 Flnanclal Instruments 2023 2022 Carryin9 amount of ffinanclal118bllStle$ 1,750 1,390 13 Dgbtors 2023 2022 Amounts falllng du• wlthln on• yg9r: Other debtors 2,587 14 Credltor8'. amounts falllng due wllhln on& yèar 2023 2022 Oth¢r taK4tion and sociol securlty Other creditors 1,023 1,750 1,390 2,773 1,390 13-
ff/l'£lOIJ SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DEGEMBER 2023 15 R•strlctod funds The income funds of tha charlty Includo restrScted lund8 GomprtsitYJ the followlng unexpendgd bBIBnces of donallons and grants held on trust for spedfic purposes.. Movement In funds Balanc• at 1 In¢omlng R¥sourc&s Balanctr at 31 January re$ources &xpend$d December 2023 2023 70,308 70,308 18 Unre8lrlcted fund$ The Incomg fund8 of the tharKy Include unrestrlcied fund8 lo be used al the dlscrellon of the Iruslees.. Movemort In funds Incomlng R&sources Balance at 31 sourc•8 &xpended December 2023 Balance at 1 January 2023 487,538 50,804 187,0081 451,332 487.536 50.804 (87.0081 451,332 17 Analy$ls of nat a#s•ts between lundB Unmtricted Falr Valuo Restrlcted funds Reser¥9 funds Total Fund balancas a131 December 2023 are repre8entsd by: Tangible assets Inve3tment property Curront as8etsllllabilltlesl 18 215,112 101,314 18 350,000 70.308 171,622 134,888 316,444 134,888 70,308 521,640 Ttte rtr1eAed fund8 relate to a giant of £122,131 recelved In the year ended 31 Decembèr 2014. A letter of varlation was r$ceived from tho donor in the Year Ending 31 December 2016 explalnlng how the funds should be allocated. There was no movement on the F81r Volue re$erve during the year. 14-