CHARITY COMMISSION FOR ENGIAND AND WAIES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to th• trustees Down's South LorHlon On accounts for the year ended 31 t)ecember 2022 Charity no lil any) 1123045 S•t out on pag•$ 1108 I report lo the trustees on my examinalion ol the acc47unls of the alve charity I"Ihe Trust") lor year ended 3111212022 Respon8lbllltlès and basis of rnp¢rt As the charitys iTu$lees. you are responsrble for the preparation ol the accounts in accordance wilh Ihe requirements ol the Charities Act 2011 {"Ihe Ad"). I report In respect ol my examinalion ol the Trust's a¢¢ount$ Carried o under section 145 01 the 2011 Act an¢J in Carrying out my exarninalion, I have followed all Ihe applicabl¥ Diredion5 given by the Charity Commission undef sectKM 145(5llb} of the Acl. Independent I have completed my examination. I confirm Ihal no malerial matters havo examlnorfs 8tat•mgnt come lo my alterstion in connection wth the examinalbon whJ¢h gives me cause to believe that In. any matenal Sp¢t Ihe accounling records were not kgpl in accordance wlh se¢tion 130 ol the Charrtie$ Act. or the accounts did not accord with the accounlin9 T¢T$." or the a¢¢ount$ did not ¢omply vthh the applicable requirements corKeming the form and contenl ol accounls set oul in the Charities {Accounts and Reports) Regulalions 2008 other than any requirement that the accounts ge a Ifue and fair, view which is not a matter ¢onsthred as part of an independent examination. I have no ¢oncems and have come across no other matters in connection wrth the examination lo which attention should be drawn in this port in order lo enable a underslan(ling of a¢u19 lo be reached, Dt•: SIgn. zoij Nam•: Andrew Haggard FCA Relevant professlonal qualificationlsl or body- In51rtute of Chartered Accountants in England and Wales Address: Unrt D. 19 Heathmans Road. London 4TJ IER Oct 2018
Sèction B Disclosure Ollly complete If the examiner needs lo highlight malerial mailers of concern 15ee CC32. Independent examination of charity accoun15." directions and guiijance for examiners). Glve here bfief d¢tslls of any items that the txaminer wishes to di$¢1o5• The afe no matters to k disclosed. IER Oet 2018
DOWN’S SOUTH LONDON
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Directors / Trustees
Gün Akyuz Andrew Aylwin Natalia Piaggio Angela Gough Aelene Thorne Ruth Crawford
Company Number 6381649
Charity Number 1123045
Registered Office
59 Lyndhurst Grove London SE15 5AW
Bankers
The Cooperative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT
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REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Table of Contents
Directors' Report for the Period Ended 31 December 2022 ...................................................... 4 Statement of Directors’ Responsibilities in Respect of the Financial Statements ..................... 5 Income Statement ...................................................................................................................... 6 Statement of Total Recognised Gains and Losses .................................................................... 6 Balance Sheet ............................................................................................................................ 7 Notes to the Financial Statements ............................................................................................. 8
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REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Directors' Report for the Period Ended 31 December 2022
The Directors present their report and the financial statements of Down’s South London (the “Company”) for the year ended 31 December 2022 (“the period”).
Activities
The principal activity of the Charity is to provide specialist therapy services (speech and language, physiotherapy, occupational therapy) to children with Down’s Syndrome, living in South London. The group is open to all children with Down’s Syndrome and their parents or carers who live locally. There are no formal membership criteria nor fees.
This is supplemented by filling other significant gaps in provision that exist locally and nationally, including:
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a local network for information-sharing and parental support;
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assisting parents to develop strategies that promote their children’s language development, using alternative and augmentative communication aids such as Makaton; and
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social and recreational opportunities for children and their families.
Review of business and future developments
Funds are raised for the activities of the Company by its Directors, other parents of beneficiaries and independent third parties who are inspired by the services the Company provides. It is a key objective of the Company to increase the amount of funds raised year on year, specifically with a view to expanding the range and nature of services provided to members.
Donations in 2022 were £154,436 (2021 £69,633). This is up by £84,803 due to excellent fundraising efforts by parents and Trustees. Expenses relating to the provision of therapy decreased a little in 2022 but other costs, including fundraising costs, increased. As a result, total costs were up £3,683.
Overall, while expenses were a little higher than the previous year, donations were substantially higher, and the Company has healthy reserve levels and remains financially strong .
Directors
The names of the persons who served as Directors of the Company throughout 2022 and to the date of this report are as follows:
Gün Akyuz Andrew Aylwin Natalia Piaggio Angela Gough Aelene Thorne Ruth Crawford
By order of the Board
Mr A Aylwin Director 29[th] September 2023
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REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Statement of Directors’ Responsibilities in Respect of the Financial Statements
The Directors are responsible for preparing the annual report and financial statements in accordance with the applicable United Kingdom law and accounting standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Directors to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that year. In preparing those financial statements, the Directors are required to:
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a) Select suitable accounting policies and then apply them consistently;
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b) Make judgements and estimates that are reasonable and prudent;
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c) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Company and enable them to 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 detection of fraud and other irregularities.
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REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Income Statement For the Year Ended 31 December 2022
| Notes Income Donations 1 Expenses 1 Specialist therapy provision Therapy resources and other materials Hire of therapy rooms Family Socials Fundraising costs Miscellaneous costs Operating (deficit)/profit Interest income Profit/(Deficit) for the year |
2022 £ 154,436 (76,003) (1,188) (3,311) (438) (10,378) (220) (91,538) 62,898 - 62,898 |
2021 £ |
|---|---|---|
| 69,633 (80,993) (598) (2,395) (686) (3,183) (0) |
||
| (87,855) (18,222) - |
||
| (18,222) |
Statement of Total Recognised Gains and Losses For the Year Ended 31 December 2022
There are no recognised gains and losses, other than the gain of £62,898 (2021: loss of £18,222) attributable to the members of the Company in the year ended 31 December 2022.
The results of the Company are wholly attributed to continuing operations.
The notes on page 8 form an integral part of the financial statements.
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REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Balance Sheet As at 31 December
| alance Sheet s at 31 December |
||
|---|---|---|
| Notes Current assets Cash Debtors 1 Current liabilities Accruals 1 Net assets Represented by: Retained surplus at the beginning of the period 2 Retained (deficit)/surplus for the period Total funds |
2022 £ 175,325 - 175,325 (8,506) (8,506) 166,819 103,921 62,898 166,819 |
2021 £ |
| 106,446 - |
||
| 106,446 (2,525) |
||
| (2,525) | ||
| 103,921 | ||
| 122,143 (18,222) |
||
| 103,921 |
The company is exempt from the requirements relating to preparing audited accounts in accordance with section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements on pages 6 to 8 were approved by the board of Directors on 29[th] September 2023 and were signed on its behalf by:
Gün Akyuz Andrew Aylwin Chair Vice Chair
The notes on page 8 form an integral part of the financial statements.
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REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Notes to the Financial Statements For the Year Ended 31 December 2022
1. Accounting Policies
a. Basis of preparation
The financial statements are prepared on the going concern basis, under the historical cost convention, and in accordance with the Companies Act 2006 and Accounting Standards applicable in the United Kingdom (United Kingdom Generally Accepted Accounting Practice).
The financial statements are presented in Sterling, the primary and functional currency of operations for the Company.
b. Income
Income is recorded on an accruals basis.
c. Expenses
Expenses are recorded on an accruals basis.
d. Debtors
Debtors represent monies owing from charity fundraising events that occurred during the year, for which monies have been pledged or raised but for which the cash has not yet been received.
e. Share Capital
The Company is limited by guarantee and does not issue shares.
f. Funds
Unrestricted funds are available for use at the discretion of the Directors in furthering the general objectives of the Company. During the period and at 31 December 2022, there were no restricted funds (for use in accordance with specific restrictions imposed by the donors).
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