Registered number- 06317261 DOMLAL FOUNDATION LIMITED DIRECTORS, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Barker Maule & Co Chartered Accountants Ground Suite Navigation House Newark Nottinghamshire NG24 4TS
Doml*l Foundation Limited Contents Page Company Information Directors, Report Accountants, Report Income and Expenditure Account Balance Sheet Notes to the Finan¢ial Slal¢ments 7-8 The following pages do not forni part of the statutory accounts: Detailed Income and Expenditure Account
Domlal Foundation Limited Company Information For The Year Ended 31 December 2024 Directors Miss Amy Cartledge Mr Graham Cartledge Mr5 Jane Cartledge Mrs Josephine Cartledge Mrs Joan Lord Mrs Anna Booth Company Numb¢r 06317261 Registered Office Handley House North Gate Newark Nottinghamshire NG24 IEH Aceountants Barker Maule & Co Chartered Accountants Ground Suite Navigation House Newark Nottinghamshire NG24 4TS Page I
Domlal Foundation Limited Company No. 06317261 Directors, Report For The Year Ended 31 December 2024 The directors present their report and the financial statements for the year ended 31 December 2024. Dir¢¢tor8 The directors who held office during the year were as follows: Miss Amy Cartledge Mr Graham Cartledge Mrs Jane Cartledge Mrs Josephine Cartledge Mrs Joan Lord Mrs Anna Booth Statement of Directors, Responsibilities The director5 are responsible for preparing the Directors, Report and ihe financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial ststements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Ac¢ountin8 Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of th¢ surplus or deficit of the company for that period. In preparing the financial statemenls the directors are required to: select suitable accounting policies and then apply them consistently: make judgments and accounting estimates ihat are reasonable and prudent. prepare the financial statements on the 80in8 concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sutyicient to show and cxplain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and deteclion of fraud and other irregularities. Page 2
Domlal Foundation Limited Dirertors, Report (continued) For The Year Ended 31 December 2024 The directors are responsible for the maintenance and integrity of the corpornte and financial infonnation included on the company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small Company Rules This report has been prepared in accordance with the special provisions relaling to companies subject to the small companies regime within Part 15 of the Companies Act 2006. On behalf of the board Mr Graham Cartledge Director 26 March 2025 Page 3
Domlal Foundation Limited Accountsnts, Report For The Year Ended 31 December 2024 Ch4rtered Accountants, report to the direetors on the preparation of the un*udited $t4tutory aceounts of Domlal Foundation Limited for the year ended 31 December 2024 In order to assist you to fijlfil your duties under the Companies Act 2006. we have prepared for your approval the accounts of Domlal Foundation Limited for the year ended 31 December 2024 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting record5 and from inforniation and explanations you have given to us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethi¢al and other professional requirements which ar¢ detailed at http'.Ilwww.icaew.comlen/membershiplregulations-standards- and-guidance. This report is made solely to the directors of Domlal Foundation Limited. as a body, in accordance with the tern]s of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Domlal Foundation Limited and slate those matters that we have agreed to stste to the directors of Domlal Foundation Limited, as a body. in this report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent perniitted by law, we do not accept or assume responsibility to anyone other than Domlal Foundation Limited and its directors, a5 a body, for our work OT for this report. It is your duty to ensure that Domlal Foundation Limited has kepi adequate accounting records and to prepare statutory Counts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Domlal Foundation Limited. You consider that Domlal Foundation Limited is exempt from the statutory audit requirement for the year. We have not been instructed to cary out an audit of the accounts of Domlal Foundation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or infornlation and explanations you have given to us and we do not. therefore. express any opinion on the financial statements, Signed 26 March 2025 Barker Maule & Co Chartered Accountants Ground Suite Navigation House Newark Nottinghamshire NG24 4TS Page 4
Domlal Foundation Limited Income and Expenditure Aeeount For The Year Ended 31 December 2024 2024 2023 Notes TURNOVER 450,000 75,000 GROSS SURPLUS 450,000 75,000 Administrative expenses (99,250) (36.507) OPERATING SURPLUS Other interest receivable and stmilar income 350,750 2,566 38,493 SURPLUS FOR THE FINANCIAL YEAR 353,316 38,493 The notes on pages 7 10 8 fomi part of these financial slatements. Page 5
Domlal Foundation Limited Ba14nc¢ Sheet As At 31 December 2024 2024 2023 Notes CURRENT ASSETS Cash at bank and in hand 436,049 82,703 436.049 82,703 Creditors: Amounts Falling Due Withln One Year (558) {528) NET CURRENT ASSETS {LIABILITIES) 435,491 82,175 TOTAL ASSETS LESS CURRENT LIABILITIES 435.491 82.175 NET ASSETS 435,491 82,175 Income and Expendilure A¢count 435,491 82,175 MEMBERS, FUNDS 435,491 82.175 For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to ac¢ounting records and ¢he preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to ¢ompanies subject to the small companies regime. On behalf of the board Mr Graham Cartledge Director 26 March 2025 The notes on pages 7 to 8 fonn part of these fmancial statements. Page 6
Doml#l Foundation Limited Notes to the Financial Statements For The Ye4r Ended 31 December 2024 l. General Information Domlal Foundation Limited is a private Company, limited by guarantee, incorporated in England & Wales. registered number 06317261. The registered office is Handley House, North Gate, Newark, Nottinghamshire, NG24 IEH. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost Convention with items recognised at cost or transactional value unless othenvise slated in the relevant note(s) to these accounts. The financial statements have been prepared in a¢cordance with Ac¢ounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS102) (effective l January 2019}- (Charities SORP(FRS102)). the Financial R¢portAng Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The trustees a55es5 whether the use of going concern is appropriate i.e whether there are any matcrial uncertainties related to events or conditions that may cast significant doubt on the ability of the foundation to ¢ontinue as a going concern. The ISteeS make thi5 assessment each year in respect of a period of one year from the date of approval of the flnancial stalements. 2.2. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the Sale of goods and from the renderin8 of services. Turnover is reduced for estimated custorner returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is re¢o8nised when the significant risks and rewards of ownership of the goods ha5 transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. R¢nderlng of s¢rvl¢es Turnover from the rendering of services is recognised by reference to the sla8e of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work perfom]ed to date to the total ¢stimated Contract costs. Thrnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. 2.3. FlnAn¢lal Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bat& loans whlch are 5ub5equently measured at amortised cost using the effective interest method. 3. Average Number of Employees Average number of employees. including directors, during the year was: NIL (2023: NIL) 4. Crediton: Amounts FAlling Due Within One Ye4r 2024 2023 AccnlS and deferred income 558 528 Page 7
Domlal Foundation Limited Notes to the Financial Siatements (continued) For The Year Ended 31 December 2024 5. Related Party Trgnsactions During the year donations totalling £320,000 (2023.. £60,000) were received from Mr G S Cartledge and £40,000 from Mrs J M Cartledge who served as Directors and Trustee's of the Charity. 6. Company limlted by guarantee The company is limited by guarantee and has no share capital. Every member of the company undertakes to Contribute to the assets of the company. in the event of a winding up. such an amount as may be required not exceeding £1. 7. Analysis of Expertditure on ChAritsbl¢ Aetivitiess During the year the charity made donations of £24,768 to Homestart Newark (2023.. £23,357). £18.700 to Book Aid International (2023: £12,000), £13.000 to Imagination Library, £21,500 to Mercy Ships and £20,000 Over the Wall. Page 8
Domlal Foundation Limited DetAiled Income and Expenditure Account For The Year Ended 31 December 2024 2024 2023 TURNOVER Donations 450,000 450,000 75.000 75.000 GROSS SURPLUS Administr4tive Expenses Insurance Accountancy fees Charitsble donations 712 610 540 35,357 570 97.968 (99,250) (36.507) OPERATING SURPLUS 350,750 38,493 Other interest r¢¢eivable ond similAr income Bank interest receivable 2,566 2,566 SURPLUS FOR THE FINANCIAL YEAR 353.316 38,493 Page 9