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2022-12-31-accounts

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 1[ST] January 2022 To 31[ST] December 2022

Section A Reference and administration details

Charity name DAISYCHAIN BENEVOLENT FUND TRUST

Other names charity is known by

Registered charity number (if any) 1127100 Charity's principal address 10A COLLEGE GREEN WORCESTER Postcode WR1 2LH ~~———~~ Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled to Trustee name Office (if any) year appoint trustee (if any) 1GREGORY ROWE CHAIR 2JONATHAN MOORE SECRETARY 3DAVINA ROBERTS 4[ELIZABETH ] HAWKETT ~~se~~ Names of the trustees for the charity, if any, (for example, any custodian trustees) ~~———————~~ Name Dates acted if not for whole year Names and addresses of advisers (Optional information) Type of adviser Name Address BANK CO-OPERATIVE PO Box 250 SKELMERSDALE WN8 6WT BANK PLC LEGAL BUSINESSLEGAL 9 HOLGRAVE CLOSE, KNUTSFORD, CHESHIRE WA16 LTD 6TX Name of chief executive or names of senior staff members (Optional information) ~~SesS=~~ TAR 1 April 2017

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

TRUST DEED, ADOPTED 17[TH] OCTOBER 2008

How the charity is constituted

TRUST

Trustee selection methods

APPOINTED BY THE EXISITNG TRUSTEES

Additional governance issues (Optional information)

THERE IS A CHILD AND VULNERABLE ADULT PROTECTION POLICY IN PLACE.

You may choose to include additional information, where relevant, about:

IT IS OUR POLICY THAT ALL TRUSTEES SUCCESSFULLY COMPLETE AN APPLICATION FORM, FORMAL INTERVIEW AND SIGNS A DECLARATION PRIOR TO COMMENCEMENT.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

THE RELIEF OF SICKNESS AND THE PRESERVATION OF HEALTH AMONG PEOPLE RESIDING PERMANENTLY OR TEMPORARILY IN THE UNITED KINGDOM AND TO MAKE DONATIONS TO SUCH CHARITABLE TRUSTS, FOUNDATIONS, INSTITUTIONS, OR OTHER ORGANISATIONS IN THE UNITED KINGDOM FOR SUCH CHARITABLE PURPOSES AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.

April 2017

TAR

2

Section C Objectives and activities

IN PLANNING OUR ACTIVITIES FOR THE YEAR THE TRUST KEPT IN MIND THE CHARITY COMMISSION’S GUIDANCE ON PUBLIC BENEFIT AT OUR TRUSTEE MEETINGS.

THE FOCUS OF OUR ACTIVITY REMAINS THE ALLOCATION AND PROVISION OF FUNDS RECEIVED.

THE MAJORITY OF THE FUNDS ARE THE PROCEEDS FROM THE TRADING ACTIVITIES OF DAISYCHAIN BENEVOLENT FUND LTD AND ITS SHOPS. THESE FUNDS ARE TO BE AWARDED BY THE TRUST AS GRANTS TO OUR NOMINATED CAUSES, FOR GENERAL AND SPECIFIC PROJECTS.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

THE GRANT AWARDS FOR 2022 WILL GO TO THE NOMINATED CAUSES,

Teenage Cancer Trust Charity, West Midlands.

The Children’s Wards at

ALL OF THESE ORGANISATIONS FULFILL THE OBJECTIVES OF THE TRUST

April 2017

TAR

3

Section C Objectives and activities

THE TRUST GRANT MAKING POLICY IS TO CONSIDER ONLY ORGANISATIONS AND CHARITIES THAT ARE LOCAL TO EXISTING SITES OF DAISYCHAIN BENEVOLENT FUND SHOPS AND THAT DO NOT HAVE A WELL ESTABLISHED IN HOUSE RETAIL OPERATION OR COMMERCIAL CLOTHING ACTIVITY.

You may choose to include further statements, where relevant, about:

THE TRUSTEES ARE EXTREMELY GRATEFUL FOR THE LARGE NUMBER OF VOLUNTEERS AT DBF LTD THAT HAVE HELPED BOTH THE SHOPS AND CENTRAL OFFICE.

Section D Achievements and performance

April 2017

TAR

4

Section C Objectives and activities

Summary of the main achievements of the charity during the year

THIS YEAR THE TRUST AND SUPPORTING ORGANISATIONS CONTINUED TO EXPERIENCE SOME ISSUES DUE TO THE COVID-19 PANDEMIC.

AS SUCH WE WERE UNABLE TO ISSUE SOME GRANT FUNDS TO NOMINATED CAUSES DUE TO DELAYS TO THEIR APPLICATION SYSTEMS. HOWEVER WE WERE PLEASED TO BE ABLE TO ALLOCATE MANY OF THE OUTSTANDING GRANTS.

IT WAS ONCE AGAIN AGREED TO HOLD ANY UNALLOCATED GRANT FUNDS UNTIL THE NOMINATED CAUSES CONCLUDED THEIR APPLICATION PROCESS.

THIS YEAR WE WERE ABLE TO ISSUE GRANT FUNDS TO THE NOMINATED CAUSES IN THE FOLLOWING PROPORTION.

TOTAL GRANT FUNDS AWARDED THIS YEAR EQUALS £235,627

GRANTS HELD UNTIL NOMINATED CAUSE COMPLETES APPLICATION PROCESS.

THESE GRANT AWARDS IN PART REFLECT THE LOCAL SUPPORT ACHIEVED BY THE SHOPS IN RELATION TO THE ACTIVITY OF THE NOMINATED CAUSE IN THAT AREA.

THE GRANTS HAVE BEEN USED TO BUY VITAL MEDICAL EQUIPMENT, TRAINING OF SPECIALIST NURSING STAFF, WARD DEVELOPMENT AND SERVICE DEVELOPMENT IN THE COMMUNITY.

THE TRUSTEES AGREED TO CONTINUE TO WORK TO SUPPORT BOTH THE VOLUNTEERS AND DAISYCHAIN BENEVOLENT FUND LTD THROUGHOUT THE ONGOING COVID SITUATION, WHEREVER POSSIBLE.

April 2017

TAR

5

Section E Financial review

THE TRUST HAS NO POLICY OF HOLDING SIGNIFICANT RESERVES Brief statement of the charity’s AT THIS STAGE policy on reserves Details of any funds materially NOT APPLICABLE in deficit ~~a~~ Further financial review details (Optional information) OUR MAIN SOURCE OF INCOME HAS BEEN BY THE ANNUAL You may choose to include DONATION FROM DAISYCHAIN BENEVOLENT FUND LTD. A NOT-FORadditional information, where PROFIT COMMUNITY FUNDING ORGANISATION REGISTERED IN relevant about: ENGLAND AND WALES NUMBER 4311438.

Section F Other optional information

FUTURE PLANS.

AS PREVIOUSLY MENTIONED THIS YEAR THE TRUST AND OUR NOMINATED ORGANISATIONS HAVE STILL EXPERIENCED ISSUES DUE TO THE ONGOING COVID-19 SITUATION. WE WERE ALSO UNABLE TO ISSUE SOME GRANT FUNDS TO THE NOMINATED CAUSES DUE TO DISRUPTION TO THEIR APPLICATION SYSTEMS. THE TRUST WILL THEREFORE AIM TO ISSUE THESE, ALONG WITH FUTURE GRANTS IN 2023.

COVID-19 WILL STILL PRESENT ONGOING ISSUES IN 2023 AND BEYOND. THE TRUST WILL CONTINUE, WHEREEVER POSSIBLE, TO SUPPORT OUR NOMINATED CAUSES.

IN ADDITION THE BOARD HAVE AGREED THE NEED TO DEVELOP PUBLIC AWARENESS OF THE TRUST THROUGH A WEBSITE AND FUNDRAISING EVENTS. WE RELY ON THE DAISYCHAIN BENEVOLENT FUND LTD SHOPS AND THANK THEM FOR THEIR CONTINUING SUPPORT.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) GREGORY ROWE

April 2017

TAR

6

Position (eg Secretary, Chair, etc)[CHAIRMAN ] Date 05/10/2023

April 2017

TAR

7

Charity Name No (if any) DAISYCHAIN BENEVOLENT FUND TRUST 1127100 Receipts and payments accounts CC16a For the period Period start date Period end date To from 1st January 2022 31st December 2022

Section A Receipts and payments
A1 Receipts		 Section A Receipts and payments
A1 Receipts		 Section A Receipts and payments
Unrestricted
funds
to the nearest £		 Restricted
funds
to the nearest £		 Restricted
to the nearest £		 Endowment
funds
to the nearest £		 Endowment
Total funds
to the nearest £		 Last year
to the nearest £
GRANTS AND DONATIONS
182,000
-
-
182,000
98,034
BANK INTEREST
81
-
-
81
-
HMRC XT15855 GIFT AID
20,367
-
-
20,367
24,492
OTHER
-
-
-
-
335
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Sub total 202,449
-
-
202,449
122,861
A2 Asset and investment sales,
etc.
-
-
-
-
-
Total receipts
202,449
-
-
202,449
122,861
A3 Payments
yam
UHNM NHS TRUST
32,697
-
-
32,697
-
TEENAGE CANCER TRUST
101,184
-
-
101,184
62,063
DERBY & BURTON ROYAL HOSPITALS
60,815
-
-
60,815
-
HEREFORD HOSPITAL
17,739
-
-
17,739
-
WORCESTER HOSPITAL
-
-
-
-
-
GLOUCESTERSHIRE NHS
FOUNDATION TRUST
23,192
-
-
23,192
-
BANK CHARGES
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Sub total 235,627
-
-
235,627
62,063
A4 Asset and investment
purchases, etc.
-
-
-
-
-
Total payments
235,627
-
-
235,627
62,063
oo
Net of receipts/(payments) - 33,178 - 33,178 - - - - - - 33,178 - - 33,178 60,798
A5 Transfers between funds - - - - - - - - - - - - - -
-		 -
A6 Cash funds last year end 61,301 61,301 - - - - - - - - - - - -
61,301		 503
Cash funds this year end 28,123 28,123 - - - - - 28,123 - 28,123 61,301

CCXX R1 accounts (SS)

20/09/2023

1

Section B Statement of assets and liabilities at the end of the period

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|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|CASH AT BANK|28,123|-|-| |-|-|-| |-|-|-| |Total cash funds|28,123|-|-| |—====| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|NONE|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |—=——| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|NONE|-|-| |-|-| |-|-| |-|-| |-|-| |7| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|NONE|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |ic| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|NONE|-| |-| |-| |-| |-| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |Gregory Rowe|05/09/2023| |———-| |CCXX R2 accounts (SS)|2|20/09/2023|

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Independent examiner's report on the accounts Section A Independent ExamIne￿3 Report Report to the trustsesl members of DAISYCHAIN BENEVOLENT FUND TRUST On a¢counls for the year ended 31ST DECEMBER 2022 Charity no (If any) 1127100 Sot out on pagos TWO PAGES Respectlve responsibilitlo$The charity's trustees are responsiblè for the p￿paratiOn of the accounts. The of tru8te•s and examinercharily's Iruslees consider that an audit Is not required for this year under section 43121 of the Charities Act 1993 (the 1993 Acll and that an independent examination is needed. It 15 my responsibility to: examine the accounts under section 43 of the 1993 Act, to follow the procedures laid down in the general Directions given by the Charity Commission (und8r section 4317llbl of the 1993 Act, and to stale whether particular matters have come to my attention. Ba818 of Independentmy examination was carried out in accordance with general Directions given examiner's statemèntby the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also include5 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion 18 given as to whether the accounts present a 'true and fair, view and th8 report is limited lo those matters sel out in the statement below. Indopandent examlnerfsln connection with my examination, no matter has come to my attention lolher 8tatemenVhan that disclosed below'l 1. whi¢h gives me reasonablè cause to believe that in, any material respect, the r8quiram8nl$'. to keep sccounting records in accordance with section 41 of the 1993 Act, and to prepare accounts which a¢cord with the ac¢ounting records and comply with the accounting requirements of the 1993 Act have not been met ', or 2. to which, in my opinion, attention should be drawn in order lo enabl8 a proper undèrstanding of the accounts lo be reached. Please delete the words in th6 br8ckets if they do not apply. Signed: Datè: Namè: J.D.￿l￿> Relevant professlonal qualification(s) or body lif any): I4?&F-3< Addre89: d/ IER April 2009

Section B Disclosure Only complete if the examiner needs lo highlight material problems. Give here brlef details of any items that the examiner wishes to disclose. IER April 2009