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← Dow Graduates Association Of Northern Europe (Dogane)

2024-03-31-accounts

Registered Charity Number 1126068

Dow Graduates Association of Northern Europe (DOGANE)

Report and Accounts

For the Year Ended

31 March 2024

Dow Graduates Association of Northern Europe (DOGANE) Report and Accounts Contents

Page
Charity Information 1
Trustees Report 2
Statement of Trustees' responsiblities 3
Accountants Report 4
Statement of Finanacial Activities 5
Income and expenditure account 6
Balance Sheet 7
Notes to the accounts 8-9

Dow Graduates Association of Northern Europe (DOGANE) Charity Information

Trustees

Accountants

MSJ CCA Limited t/a MSJ Chartered Certified Accountants 61 Grangethorpe Drive Burnage Manchester M19 2NF

Bankers

Natwest Bank Plc 267 Dudley Castle Street Dudley West Midlands DY1 1YY

Registered office

195 Southend Arterial Road Hornchurch Essex RM11 2SF

Registered charity number

1126068

1

Dow Graduates Association of Northern Europe (DOGANE)

The statement of trustees responsibilities for the year ended 31 March 2024

Statement of Trustees' Responsibilities

Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 06 January 2025 and signed on its behalf by:

Dr. Adeel Ahmed Siddiqui General secretary

3

Dow Graduates Association of Northern Europe (DOGANE)

The report of the trustees for the year ended 31 March 2024

Introduction

The trustees present their annual report and accounts for the year ended 31 March 2024 .

Status

Dow Graduates Association of Northern Europe (Dogane) is a registered charity under the charity number 1126068. It has no taxable activities and is therefore not liable to UK taxation. It is, however, unable to reclaim VAT on expenditure incurred.

Objectives

To promote and facilitate educational activities undertaken by graduates from DOW Medical College currently working in Northern Europe; and to help raise funds for charitable projects.

Organisational structure

The organisation is an independent charity. The Chairperson shall be responsible for the control, management and direction in all matters of the charity upon the advise of the trustees (Advisory board members) during the year.

Risks

The trustees have taken steps to establish the risks to which the charity is exposed and have put systems in place to mitigate risks.

Review of the results

I am pleased to announce that DOGANE has successfully completed its 20 years. The Annual event 2024 (19th Annual function) was held in Derby, and was very well attended. In the AGM various activities of the previous year were discussed and approval was given to the financial position. The recent financial year 2023-24 saw an ongoing generous charitable activities. A charitable amount of more than £15,000 was collected for Dow-98 Charity Foundation for Expansion of Plasmapharesis Services for Neurology at Civil Hospital, Karachi. This amount was transferred to the aforementioned charitity during the financial year. DOGANE, as previously, also continued to contribute towards education especially transferring clinical skills and providing training in various specialties through face to face teaching in the Dow University of Health Sciences, as well as webinars and other CME programs. I hope future events and years will be as successful as the previous events.

2

Dow Graduates Association of Northern Europe (DOGANE) Independent Examiner's Report to the trustees of the charity

Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended to 31 March 2024

We report on the financial statements of the Charity on pages 5 to 9 which have been prepared in accordance with the Charities Act 1993 and with the Financial Reporting Standard for Smaller Entities (FRSSE), effective January 2005 , adapted to meet the needs of unincorporated organisations, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005, revised in June 2008, under the historical cost convention and the accounting policies.

Respective responsibilities of trustees and examiner

As described on page 3 , the Charity's trustees are responsible for the preparation of the financial statements. The trustees consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. It is my responsibility to state , on the basis of the procedures specified in the General Directions given by the Charity Commissioners for England & Wales under Section 43(7)(b) of the Act, whether particular matters have come to my attention.

Basis of opinion and scope of work undertaken

We conducted our examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination. An independent examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales (effective April 2005), on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit opinion on the view given by the financial statements, and in particular, we express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity.

We planned and performed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.

Independent Examiner's Statement, report and opinion

Subject to the limitations upon the scope of my work as detailed above, in connection with my examination, no matter has come to our attention:

1) which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act; and to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the Act or of the Charities (Accounts and Reports) Regulations 2005 have not been met or

2) to which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.

This report is in respect of an examination carried out under section 43 of the 1993 Act and in accordance with any directions given by the Commissioners under subsection (7)(b) of that section which are applicable.

MSJ

Mohammed Suhail Jamil BA(Hons) FCCA

MSJ CCA Limited

t/a MSJ Chartered Certified Accountants 61 Grangethorpe Drive Burnage Manchester M19 2NF

Date: 22 January 2025

4

Dow Graduates Association of Northern Europe (DOGANE) Statement of Financial Activities for the year ended 31 March 2024

Notes
INCOMING RESOURCES
Donations and collections
Total incomming resources
LESS EXPENDITURE
Direct charitable expenditure
Administration expenditure
Total resources expended
NET SURPLUS/(DEFICIT) FOR THE YEAR
BALANCE BROUGHT FORWARD
BALANCE CARRIED FORWARD		 £
£
Restricted
General
0
53,731
0
53,731
0
17,113
0
49,258
0
66,371
0
(12,640)
0
15,715
0
3,075
2024		 2023
£
General
46,551
46,551
24,785
32,287
57,072
(10,521)
26,236
15,715

5

Dow Graduates Association of Northern Europe (DOGANE) Statement of Financial Activities for the year ended 31 March 2024

ANALYSIS OF INCOME AND EXPENDITURE

General
Restricted
1. Donations & Collections
Income from Charity events
34,092
0
DOW-98 project
15,701
Grants, sponsorships and donations
3,938
0
53,731
0
Direct Charitable Expenditure
DOW-98 project
15,413
0
Other charitiable causes
1,700
0
17,113
0
2. ANALYSIS OF INCOME AND EXPENDITURE (continued)
Administration Expenditure
General
Restricted
Accountancy fees
650
0
Bank charges
50
0
Printing, postage, stationery & website
951
0
Annual function & venue expense
47,463
0
Sundries
144
0
49,258
0
NET SURPLUS/(DEFICIT)
(12,640)
0
TOTAL FUNDS BROUGHT FORWARD
15,715
0
TOTAL FUNDS CARRIED FORWARD
3,075
0
2024
2024		 Total
34,092
15,701
3,938
53,731
15,413
1,700
17,113
Total
650
50
951
47,463
144
49,258
(12,640)
15,715
3,075

6

Dow Graduates Association of Northern Europe (DOGANE) Balance Sheet as at 31 March 2024

----- Start of picture text -----
Notes 2024 2023
£ £
CURRENT ASSETS
Other debtors & prepayments 0 0
Cash at bank and in hand 3,725 16,290
3,725 16,290
LIABILITIES :
Amounts falling due within one year 3 650 575
NET CURRENT ASSETS 3,075 15,715
TOTAL ASSETS LESS CURRENT LIABILITIES 3,075 15,715
General funds 3,075 15,715
TOTAL FUNDS 3,075 15,715
----- End of picture text -----

Dr. Khurram Mustafa

Treasurer Approved on 22 January 2025

7

Dow Graduates Association of Northern Europe (DOGANE) Notes to the Accounts for the year ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of accounting

The accounts have been prepared on the historical cost basis of accounting and in accordance with applicable accounting standards and comply with the Statement of Recommended Practice ' Accounting by Charities '.

Income

Income is accounted for on a receipt basis.

Tangible fixed assets and depreciation

Tangible fixed assets are stated in the balance sheet at cost less depreciation.

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value added tax is not recoverable by the company, and is therefore included in the relevant costs in the statement of financial activities.

2. WINDING UP OR DISSOLUTION OF THE CHARITY

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar to the charity.

3. STATEMENT THAT NO EXPENSES WERE PAID TO TRUSTEES OR CONNECTED PERSONS

No expenses were paid to the trustees or persons connected with them. Neither the trustees nor any persons connected with them have received any remuneration in the current year.

8

Dow Graduates Association of Northern Europe (DOGANE) Notes to the Accounts for the year ended 31 March 2024

4.CREDITORS
Amounts falling due within one year :-
Accruals
5. ACCUMULATED FUNDS
Balance at 1 April 2023
Net surplus/(deficit)
Balance at 31 March 2024		 2024
650
650
GENERAL
FUNDS
£
15,715
(12,640)
3,075		 2023
575
575
GENERAL
FUNDS
£
26,236
(10,521)
15,715

9