The Dedanists, Foundation Report and Financial Statements Year ended 31 July 2024 Charity number- 1145526 Company number- 7715011 AE0SFISP 1910412025 COMPANIES HOUSE A5
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The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 Reference and administratlve information Trustees and Dlrertor5 The following Trustees and Directors have served durin8 the year: David Mills, Chairrn3n John Farrall Julian Wilkinson, Secretary Simon Roundell Simon Mansfield Francis Moore Daniel Jones Graham Defries Michael Rummel Prlnclpal Office Queen's Club Palliser Road London W14 9EQ Charlty Number 1145526 Company Number 7715011 Independent accountlng examlners ' SBM Associates Limited, 24 Wandsworth Road, London, SW8 21W Honorary Solidtor Graham Defries Bankers CAF Bank Ltd, 25 Kings Hill Avenue. Kings Hill, West Malling, Kent, ME19 4JQ Web51te ww.dedanistsfoundation.o Emall info dedani5tsfoundation.org
The Dedanists, Foundation Report and Accounts - year ended 31 July 2024 Report of the Directors for the year ended 31 Juty 2024 The Directors present their annual report and financial statements of the Foundation for the year ended 31 July 2024. The financial statements cornply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charltles preparlng their accounts in accordance with the Financlal Reporting Standard applicable in the UKand Republic of Ireland IFRS 102) (effective l January 2019). Structure. governance and management The Dedanists, Foundation (the "Foundation") was formed on 22 July 2011 as a private company limited by guarantee (cornpany number 7715011) and registered as a charity (charity number 1145526). It is governed by its Memorandum and Articles of Association, company and charity law. It seeks to undertake it$ chosen charitable work through the deployment of its existing funds (both income and capital). It has nine directors12023- nine), who act as trustees of the Foundation. The existing directors will appoint new directors where necessary to cornplement the skills available to the board. The Memorandum and Artides of Asstxiation require a minimurn of two directors, with no maximum nurnber. As required by the Memorandum and Articles of Association, one third of the directors must retire by rotation at each annual general meeting. Francis Moore, Daniel Jones and Graham Defries will retlre at the annual general meeting of the Foundatlon held to conslder these accounts and being eligible, offer themselves for re-election. New directors are provided with inforrnation on their responsibilities as directors and trustees and are briefed on the areas of activity of the FOUndatn. Directors. meetings are held to discuss strategy, policy and major grants. Day-to-day administration, such as reviewing 8rant applications, monitoring grant recipients, bookkeeping, finance and general administration is handled by the Chairman and the responsible Directors. All the Directors glve thelr time and no remuneration was paid in the year. None of the Directors has claimed any expenses nor are there any related party transactions, eXpt as noted in these accounts. Risk management The Directors have consldered the major risks to which the Foundation is exposed and have discussed how to manage those risks. They consider the principal risks to be as follows." The prime risk to the Foundation is that funds Taised fail to rneet spending objectives. This risk is mitigated as the Directors will only approve grants to the extent that they are confident that they will have the funds to make payments over the agreed grant period and the expectation that new donors will be found as the grant recipients continue to deliver clear evidence of success. A further risk to the work of the Foundation is that money is granted for activities which are unsuccessful in achieving the Foundation's goals. The Directors have considered this risk and concluded that it is an
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 important aspect of the Foundation's work that it should make grants to untried and untested charitable activities which use innovative approaches. This risk is mitigated by a two-stage review process. Before the grant is made the proposal is reviewed thoroughly by the Foundation and clear objectives established. Once the grant is made, close contact is maintained with the recipient to ensure objectives are being met. Written reports are provided to the Directors at both stages and, where needed, adjustments made to the pro8rnmme. Objective5 and activitles for the public benefrt The object of the Foundation is the promotion of community participation in particular by the provision of facillties for the playing of real tennis and other indoor racquet-based sports. In deterrnining how to achieve this objective, the Directors have complied with their obligation to have proper regard to the guidance on public benefit published by the Charities Comrnission in exercising their powers or fulfilling their duties. Grant maklng pollcy The Foundation's objective is to persuade young people from all backgrounds to try real tennis and become regular players. The Foundation seeks to achieve this objective primarily by working with and through real tennls clubs that have their own court and the capacity to reach out to young people and schools in their local community. Most grants to clubs are made to help pay for the direct costs of recruiting and coaching juniors. In eXptIOnal circumstances and where there is a benefit to junior tennis, the Foundation also awards grants to improve the general viability of individual clubs and to Increase the number and quality of club professionals. Typically, a Director or Ambassador of the Foundation approaches individual clubs to propose that they should recruit rnore young people to play real tennis. The proposal Includes a template plan for how to do so and the offer of practical help In the form of cash grants, trainin81 marketing materials, sponsored events and, in special cases. direct intervention on-site by Foundation specialists and professionals. The template includes a description of resources needed such as equiprnent. club facilities. transport and trained professionals; a list of the accreditstions and statutory compliance required for working with young people; samples of the marketing, management and administrdtive tools that have worked for other clubs: and an example of a project plan, tlmetable and budget. Cash grants and other practical help are awarded to clubs to support specific activities over a specific period of time. Cash grants typically range from £500 to £2,000 and from to 100% of prograrnme cost where 100% rnay be awarded to clubs launching new programmes of high potential into previously uncharted territory. Foundation grants are intended to secure the continuity of junior programmes that are Successful and to provide seed funding for new initiatives. As programmes mature, the Foundation expects them, in most cases, to become substantially funded by the fees charged to participants and by dub subsidy. The Foundation can then transfer funding to new and emerging initiatives. If a club wishes seriously to consider the Foundation's proposal. key members of its management team {¢hairm•n, committee •nd/or head professional) meet a director of the Foundation to review the club's current state and oblectives with regard to junior real tennis, to scope a first draft plan for launching viable new junior programmes and to assess the club's readiness to implement against the Foundation's checklist. If satisfied with the club's commitment and the feasibility of the plan, the Foundation director will
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 rewmmend to fellow directors that they award a cash grant and attach appropriate conditions. Such conditions rnight include the requirement that club professionals complete relevant training, that the club bears a specified proportion of programme cost and that it reports regularly on progress and outcomes. Grants are typically awarded up-front but paid in arrears on the submission of invoices for goods and services (e.8. equipment, court & coaching tirne) actually delivered. The Foundation awards initial grants in rnanner that encourages club5 to try new initiatives. It links further awards to actual performance in order to control for quality and value for money. Achievements and Performance The Foundation works primarily with real tennls clubs with courts. There are twenty four such clubs in the UK. They provide the courts on which to play, the club professionals to recruit, coach and organise young people and the club members to help with fundin& administration and community contacts. The Foundation directs most of its funding towards helping these clubs to recruit and retain the children of club members and the puplls of local schools. The Foundation also funds a number of student real tennis clubs at universities that have no court. It funds student travel, court fees and coaching. The health of junior tennis depends on the viability of indivldual clubs and on the number and quality of club professionals. The Foundation has awarded grants in support of both of these factors. SUPPOR T TO CLUBS WITh1 COUR75 We support Clubs with courts In the following manner: (i) Planning & Best Practice Template plans for developing junior tennis which include the following best practice gleaned from past experience: Target participonts Target the children of club members and their friends. Target local schools. state and private. Target parents to become club rnernbers too. Schedule of regular coaching & motch play Publish and consistently deliver a programme of coaching and match play during school terms and holidays so that youngsters, parents and schools can plan ahead and develop routines that include real tennis. Open days Hold club open days in order to introduce local youngsters, parents and schools to the garne and as an opportunity to sign them up to a programrne of regular attendance at coaching and match plav. Affordable pricing Subsidise pricing so that youngsters can afford to play and schools and parents are happy to fund.
The Dedanists, Foundation Report and Accounts - year ended 31 July 2024 Club members Give members a role in developing junior tennis. Appoint one of them as a Youth Development Officer to work with the head professional. (li) Cash Grants We award cash grants to clubs for these purposes: To recruit and coach new young ployers We provide cash grants for 50% or more of initial court. coachin& marketing and set-up costs, plus additional grants for transport and state schools. These grants and awards are paid to clubs to subsidise the development and delivery of recruitment, coaching and activity prograrnmes directed primarily at local schools, university students and the offspring of club members. Wellington. Cambridge, Oratory, Jesmond and Seacourt have done a particularly good job of recruiting state schools. Examples of grants paid for these purposes in 202314 are: Cambridge £3,870 - Jesmond Dene £2.085 Oratory £1,525 - Moreton Morrell £1,465- Wellington £1,535 - Seacourt £1,460 Bristol £1,930 . We also partner with the T&RA in a national programme to recruit new youngsters to the game by offering them a free lesson at their local court. During the Christrnas and Easter school holidays, 70 youngsters took advantage of this offer and introduced themselves to 12 different clubs across the UK. ro support troinees & young profrssionals (partnering with the T&RA & Dedanists, Society) We have worked in the past with the T&RA and Dedanists. Society to award cash grants for thls purpose and have agreed to do the same again next year. {ili) Training Recruiting, coaching and organising juniors requires specialist skills and knowledge. It means working with parents, schools and chlld protection rules. It means coaching groups of young players on court and delivering a mix of structure, teaching, entertainment and competition that goes beyond what adults require. Two of our Ambassadors, Dan Jones and Paul Weaver, deliver formal. practical. on-court trainin8 for club professionals and selected club members (youth development officers) that dlrectly address these challenges. (iv) Materials & Equipment The Foundation provides most of the materials that a club will need to stsrt its own junior pro8rarnme. These include rnarketing materials and videos, equipment such as junior racquets and eye protection goggles and templates for player registration, perforniance tracking and administration. We design and print posters and brochures for clubs. We have a promotional video for use at school assemblies and other events. We lend out a kit bag of equipment for clubs to use when starting junior programmes and running open days. We fund the 'Smart Grille. as an innovation to delight the young at heart. It flashes when hit by a well-struck ball.
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 Iv) Tournaments & Competition Tournaments and competitions motivate juniors. They help club professionals to structure coaching programmes and set performance tsrgets. They help to create the social networks of juniors, parents and professionals that enrich the game for all particbpants. We sponsor 4 junior tournaments, half of which we devised and run ourselves." Peter Lu¢k-Hille Cup A national handicap tournament for club junior teams whose players are relatively new to the game (age 10 to 12 and handicap 75 to 95)- similar format to the 8rodie Cup- this year, 12 club tearns and 40+ players participated. The toumament was won, for the first time, bv Cambridge. Britlsh Junior Handicap Doubles {Dedonists' Foundation Cupj The Under 15 tournament took place at Bristol in April 2024. 8ritish Junior Handicap Sinqles Played over a long weekend at Wellington in December 2023 - 25 players participated. Inter-university Championships Played by students over a long weekend at Cambridge in March 2024 - 42 players from 6 universities participated. {vi) Practical Help Starting junior tennis from scratch and launching new programmes can generate peaks of activity and demand skills that are beyond the capacity of a club's existing professionals, We can provide practical help through our dlrèctors. ambassadors, tennis professionals and marketing speciallsts. (vii) Publicity & Communications We comrnunicate with clubs and the real tennis community through our website www.d danlstsf undation.or newsletters and the publicity associated with the events that we sponsor. Paul Weaver manages the webslte and its content. Tory Wall manages content presentation and graphics design. (viii) Prograrnme Management Josh Farrall and Paul Weaver manage the development and delivery of Foundation programmes and co-ordinate our interaction with clubs. SUPPORT TO STUDENTS & STUDENT CLUBS We advertise to school leavers, especially those goin8 to unlversity. that they should contact us for an introduction to and free lesson at the nearest real tennis club. We encourage students, especially at universities without a court of their own. to set up their own real tennis club and to play at their nearest local Urt. We subsidiso court fee$, coaching and travel. We typically pay grants of up to £1,000 per year to student clubs at the universities of Bristol, Cambridge, Durham, Exeter, Middlesex. Newcastle. St
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 Andrews and York. We also subsidise Cambridge to run the annual Inter-university Tournament which is now a highlight of the university real tennis season. IN CONCLUSION Measures of succe55 for the Foundation include the number of clubs that engage with its programmes, the number of youngsters that play in its tournarnents. the extent to which it connects with new groups of voungsters and the value of the cash grants that it pays out to clubs. In 202314, 90% of UK clubs with courts engaged with Foundation grants or tournaments. As the Foundation has pulled more youngsters into real tennis, so the number entering junior tournarnents has continued to rise. The nurnber of juniors entering the British Junior Singles Championships at Queen's in August has almost doubled over the last three years lup 83% from 23 to 42 players). Through working with the T&RA, the Foundatton can now connert directly with 2.000+ T&RA members and offer their offspring a first and special experience of real tennis. In the last year, the value of cash 8rants patd by the Foundatlon to clubs remained high at £22,141. this all augurs well for the future. The directors of the Foundation are grateful to our ambassadors for their hard work and to our Founder Patrons for their encouragement and financial Support. Financial Revlew In the year under review Founder Patrons pledged £l,SOO including gift aid12023- £58,750 pledged) whl¢h at the year*nd increased the arnounts pledged to £541,703 of which £456.640 had been received (2023- £540,203 of which £424,015 had been received). Other donations In the year arnounted to £3,247 (2023- £350). Expendlture on charitable activities included grants of £22,141 (2023- £22,544). Other charitable expenditure of £11,985 (2023 - £11,872) included Ambassadors. fees and expenses. the cost of the junior tournament Yhe Peter Luck-Hille Cup" and tratning and development expenses. Governance costs amounted to £7,298 (2023- £5.265}. The surplus for the year amounted to £280 (2023- £11,569). Investment policy and perforrnan The Foundation currently holds sufficient assets to cover nearly four years ot normal outgoings in bank accounts in cash. Available funds are in interest-bearing accounts as the trustees do not consider that they could justify the risks associated with higher investment returns. The cash holdings of the Foundation at the yearend were £163,92812023- £165,561). Bank interest receivable amounted to £5,83212023 - £1.713). Reserves policy Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned expenditure. The trustees considerthat the minimum level of free reserves at 31 July 2024 would be £60,000.
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 Plans for the future. We will continue to work primarily through those clubs with courts that are committed to developing junior real tennis. We will provide them with the cash grants and support services that they need. We will encourage them to adopt best practice and to innovate. We will support clubs in reaching out to schools In thelr local communlty, especlally state schools, and to youth organlsatlons such as The Scout Association. We will seek to work with sports organisations. such as the T&RA and MCC that are gateway5 to contact with youngsters who have an aptitude for ball games and are more readily recruitable to real tennis. We will support the growth of girls. tennis. especially at enthusiastic clubs and coed schools with courts. namely Welllngton, Oratory and Canford. Dlrector< responsibilities in relation to the financSal statements The Directors are responsible for preparing the Directors, Report and the financial staternents in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generallv Accepted Accounting Practice). Company law requlres the Directors to prepare financlal statements for each financlal year, whSch glve a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure, of the charitable companyfor the year. In preparing these financial statements. the Directors are required to: select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP: make judgements and estirnates that are reasonable and prudent; prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Foundation will continue in operation. The Dlrertors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguardin8 the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Directors are responsible for the Maintenance and integrity of the corporate and financial inforrnation included on the charitable companrfs website. Legislation in the United Kingdom governing the preparation and dissemination of the financtal statements may differ from legislation in other jurisdictions. Approved by the Directors on 6 November 2024 and signed on their behalf bv: David Mills Chairman
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE DEOANISTS, FOUNDATION FOR THE YEAR ENDED 31 JULY 2024 I report to the Charity Trustees on my examination of the financial statements of The Dedanists, Foundation (the charity) for the year ended 31 July 2024. Responsibilities and basis of report As the Charity Trustees land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act), Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examin3tlon of the charity's financial statements carried out under section 145 of the Charities Act 2011 {the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5}Ibl of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 11 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 2} the financial statements do not accord with those records; or 3) the financial statements do not comply with the accountlng requireiiients of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair vlew which is not a matter considered as part of an independent examination; or 4) the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Pauline 8 McAlpine FCA SBM Associates Limited 24 Wandsworth Road London SW8 2JW 12 December 2024 10
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 JULY 2024 Note Year to 31 July 2024 Year to 31 July 2023 Income: Donations Investment incorne- bank interest receivable 35,872 5,832 49.537 1,713 Total Incorne 41,704 51,250 Expendlture: Expenditure on raising funds Expenditure on charitable activities: 41.424 39,681 Total expendlture 41,424 39,681 Net Income belng net movement In funds 11,569 Reconclllatlon of Funds Unrestricted Funds brought forward at l August 2023 Unrestricted Funds carried forward at 31 July 2024 161,330 161,610 149,761 161,330 The above results are derived from continuin8 activities and relate to the unrestricted income fund. There were no other recognised gains or losses other than those stated above. li
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 Company Number - 7715011 8ALANCE SHEET AT 31 JULY 2023 Note 31 July 2024 31 July 2023 Current ossets Oebtors Cash at bankand in hand Total current assets 4,781 163.928 168,709 1,822 165,561 167,383 Uobllltles Creditors, amounts falling due within one year Net current assets 7,099 161,610 6,053 161,330 Net a55ets 161.610 161.330 Thefvnds olthe Foundatlon.. Unrestricted income funds Totsi Foundatlon funds 161,610 161,610 161,330 161.330 For the year ending 31 July 2024 the Foundation was entitled to exemption from audit under section 477 of the Companies Act 21X)6. The members have not required the Foundation to obtaln an audit of its accounts for the period in questton in accordance with section 476 of the Companies Act 2006 The directors acknowledge their responslbilitles for a) ensuring that the charltable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006: and bl preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 39S and which otherwise comply with the requlrements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. Approved by the Directors on 6 November2024 and signed on their behalf bv: ulian Wilkinson 12
The Dedanists, Foundation Report and Accounts - year ended 31 July 2024 NOTES TO THE ACCOUNTS l. Accounting Pollcie5 (a) Basis of preparation The financial staternents of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordan with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Flnanclal reportln8 Standard 102 - reduced dlsclosure exemptlons The Foundation has taken advantage of the following dixlosure exernptions in preparing these financial statements, as permitted by FRS 102 'The Flnancial Reporting Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash Rows; the requirement of Section 3 Financlal Statement Presentation para 3.17(d); the requirements of Section 11 Financial Instruments paras 11.39-11.48A the requirements of Section 12 Other Financial Instruments paras 12.26-12.29 (b) Funds structure The Foundation has only one fund. an unrestrirted income fund. The Directors may. at their discretion, allocate any part of the fund to the purposes of the Foundation. (c) Income recognition policies Items of income are recognised once the Foundation becomes legally entitled to the income, it is probable that the income will be received, any perforrnance conditions have been rnet or are fully within the control of the Foundation and the arnount can be measured reliablv. Id) Expenditure recognition Liabilities are ¢0nISed as expenditure as soon as there is a legal or constructive obligation committing the Foundation to the expenditure, it is probable that settlement will be required and the arnount of the obligation can be measured reliably. 13
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 NOTES TO THE ACCOUNTS (Continued> {e) Expenditure recognition (continued) Grants payable are recognised when they are approved by the Directors and the beneficiaries have been notified, whether orally or in writing, that the grants have been approved. Where multi-stage grants are approved and communicated to recipients and subsequent stages are dependent on a satisfactory review. the nature of which is defined in the communi(3tion to the recipient, only the approved and reviewed stages are accounted for. (f) Allocation of overhead and support costs Since the Directors are not paid and do not reclaim their expenses for operating as Directors, all support costs and overheads relate to governance costs. These costs are analysed in note 5. 2. Related Party transactlons and Dlrectors, remuneratlon The Directors received no emoluments and reclaimed no expenses during the year (2023- nil). 3. Expendlture on charltsble actlvities Note 2024 2023 Grants Ambassadors, fees Junior tournament - Peter Luck-Hille Cup Tralnlng development and expenditure Prizes 22,141 10,500 828 324 333 22,544 10,500 801 571 Governance costs 7,298 5,265 41,424 39.681 14
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 NOTES TO THE ACCOUNTS (Continued) 4. Grants Payable 2024 2023 Cambridge University Real Tennis aub Bristol Rea5 Tennis Club Canford Real Tennis Club Holyport Real Tennis aub Jesmond Dene Real Tennis aub Leamington Tenni5 Court aub Seacourt Tennis aub Middlesex University Real Tennis Club Moreton Morrell Tennis Court aub Marylebone Cricket Club Oratory Real Tennis Uub Petworth House Tennis Court Limited Prested Real Tennis Club Queen's aub The Hyde Tennss Club Wellington College Real Tennis aub Bristol Universlty Cambridge University Durham University Exeter University Middlesex University Newcastle University Northumbria Univers St. Andrews Unlversity York University The Tennis and Rackets Association Ltd. Tambour Development Tour Ladies Real Tennis Association Grants written back 3,070 1,930 347 1,532 1,042 700 4,381 1,518 470 2,847 678 1.460 1,200 1,465 542 1,055 1,114 246 1,525 233 2,100 394 1.297 45 75 I,S35 605 1,145 455 800 1,230 800 950 460 230 692 897 1,387 250 1,342 1,274 68 (728) (921) 22.141 22,544 15
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 NOTES TO THE ACCOUNTS (Continued) 5. Allocation of support costs and overheads The following expenditure was allocated in its entirety to governance costs: 2024 2023 Independent exarninerfs remuneration Marketingi media and website Printing, stationery and sundry costs Insurance Travel AGM and other meetings 3,158 969 1,329 330 1.187 7.298 5,265 6. Oebtors 2024 2023 Other debtors Prepayments and accrued income 1,275 3,506 4.781 800 1,022 1,822 7. Creditor5. amounts falling due wlthln one year 2024 2023 Grants Accruals and deferred income 5,131 1,968 4,225 1,828 6,053 8. Analysi5 of funds 2024 2023 Unrestricted income fund 161,330 41,71)4 (41,424) Unrestrirted incorne fund 149,761 51,250 (39,681) Fund brou8ht forward at l August Add: Income Less: Expenditure Add/Less: Gains and losses Fund carrled fOard at 31 July 161,610 161330 16
The Dedanists, Foundation Report and Accounts- year ended 31 July 2024 9. Legal ststus The Dedanists, Foundation is a company limited by guarantee. The liability of each member in the event of a winding up is limited to £10. 17