REGISTERED COMPANY NUMBER: 06040911 (England and Wales) REGISTERED CHARITY NUMBER: 1150624
Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 January 2025
for
Dolma Foundation
Dolma Foundation
Contents of the Financial Statements for the Year Ended 31 January 2025
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 to 6 |
| Notes to the Financial Statements | 7 to 13 |
| Detailed Statement of Financial Activities | 14 |
Dolma Foundation
Reference and Administrative Details for the Year Ended 31 January 2025
TRUSTEES Mr T E Gocher Company Director Mrs E M Gocher Secretary Mr A D S Smith Edo Salvation Army Mr D P Stanley Musical Director, Southend Mencap Mr D Gocher (appointed 11.6.25) COMPANY SECRETARY Mr A D S Smith REGISTERED OFFICE 1 Chadwick Road Westcliff-On-Sea London SS0 8LS REGISTERED COMPANY 06040911 (England and Wales) NUMBER REGISTERED CHARITY 1150624 NUMBER INDEPENDENT EXAMINER AMS Admin Services Limited 116 High Street Epping CM16 4AF
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Dolma Foundation
Trustees' Report for the Year Ended 31 January 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 30 September 2025 and signed on its behalf by:
Mr T E Gocher - Trustee
Page 2
Independent Examiner's Report to the Trustees of Dolma Foundation
Independent examiner's report to the trustees of Dolma Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner'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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts 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 accounts to be reached.
Drishti Khandelwal
The Association of Chartered Certified Accountants
AMS Admin Services Limited 116 High Street Epping CM16 4AF
30 September 2025
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Dolma Foundation
Statement of Financial Activities for the Year Ended 31 January 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 42,266 EXPENDITURE ON Charitable activities 3 Unrestricted 60,821 Restricted - Total 60,821 NET INCOME/(EXPENDITURE) (18,555) Transfers between funds 11 3,277 Net movement in funds (15,278) RECONCILIATION OF FUNDS Total funds brought forward 44,722 TOTAL FUNDS CARRIED FORWARD 29,444 |
Restricted fund £ 120,499 - 117,222 117,222 3,277 (3,277) - - - |
31.1.25 Total funds £ 162,765 60,821 117,222 178,043 (15,278) - (15,278) 44,722 29,444 |
31.1.24 Total funds £ 85,340 15,054 66,220 81,274 4,066 - 4,066 40,656 44,722 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Dolma Foundation
Statement of Financial Position
31 January 2025
| Unrestricted Restricted funds fund Notes £ £ CURRENT ASSETS Debtors 9 1,306 - Cash at bank and in hand 36,563 - 37,869 - CREDITORS Amounts falling due within one year 10 (8,425) - NET CURRENT ASSETS 29,444 - TOTAL ASSETS LESS CURRENT LIABILITIES 29,444 - NET ASSETS 29,444 - FUNDS 11 Unrestricted funds TOTAL FUNDS |
31.1.25 Total funds £ 1,306 36,563 37,869 (8,425) 29,444 29,444 29,444 29,444 29,444 |
31.1.24 Total funds £ 1,306 50,991 52,297 (7,575) 44,722 44,722 44,722 44,722 44,722 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) 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 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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continued...
Dolma Foundation
Statement of Financial Position - continued
31 January 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 September 2025 and were signed on its behalf by:
Mr T E Gocher - Trustee
The notes form part of these financial statements
Page 6
Dolma Foundation
Notes to the Financial Statements for the Year Ended 31 January 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 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.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Dolma Foundation
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
2. DONATIONS AND LEGACIES
| Donations and gifts 3. CHARITABLE ACTIVITIES COSTS Unrestricted Restricted 4. SUPPORT COSTS Unrestricted |
31.1.25 £ 162,765 Support Direct costs (see Costs note 4) £ £ 39,804 21,017 117,222 - 157,026 21,017 Governance Other costs £ £ 17,373 3,644 |
31.1.24 £ 85,340 Totals £ 60,821 117,222 178,043 Totals £ 21,017 |
|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.
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Dolma Foundation
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
| 6. STAFF COSTS 31.1.25 £ Wages and salaries - - The average monthly number of employees during the year was as follows: 31.1.25 No employees received emoluments in excess of £60,000. 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 48,795 36,545 EXPENDITURE ON Charitable activities Unrestricted 15,054 - Restricted - 66,220 Total 15,054 66,220 NET INCOME/(EXPENDITURE) 33,741 (29,675) Transfers between funds (29,675) 29,675 Net movement in funds 4,066 - RECONCILIATION OF FUNDS Total funds brought forward 40,656 - TOTAL FUNDS CARRIED FORWARD 44,722 - |
31.1.24 £ 5,026 5,026 31.1.24 Total funds £ 85,340 15,054 66,220 81,274 4,066 - 4,066 40,656 44,722 |
|---|---|
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Dolma Foundation
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
| 8. | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|
| Fixtures | |||
| and | |||
| fittings | |||
| £ | |||
| COST | |||
| At 1 February 2024 and | |||
| 31 January 2025 | 1,299 | ||
| DEPRECIATION | |||
| At 1 February 2024 and | |||
| 31 January 2025 | 1,299 | ||
| NET BOOK VALUE | |||
| At 31 January 2025 | - | ||
| At 31 January 2024 | - | ||
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| Other debtors | 31.1.25 £ 1,306 |
31.1.24 £ 1,306 |
|
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| Trade creditors | 31.1.25 £ 352 |
31.1.24 £ 352 |
|
| Other creditors | 6,023 | 6,023 | |
| Accrued expenses | 2,050 | 1,200 | |
| 8,425 | 7,575 | ||
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Dolma Foundation
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
| 11. MOVEMENT IN FUNDS Net movement At 1.2.24 in funds £ £ Unrestricted funds Unrestricted funds general 44,722 (18,555) Restricted funds Restricated - 3,277 TOTAL FUNDS 44,722 (15,278) Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds Unrestricted funds general 42,266 Restricted funds Restricated 120,499 TOTAL FUNDS 162,765 Comparatives for movement in funds Net movement At 1.2.23 in funds £ £ Unrestricted funds Unrestricted funds general 40,656 33,741 Restricted funds Restricated - (29,675) TOTAL FUNDS 40,656 4,066 |
Transfers between funds £ 3,277 (3,277) - Resources expended £ (60,821) (117,222) (178,043) Transfers between funds £ (29,675) 29,675 - |
At 31.1.25 £ 29,444 - 29,444 Movement in funds £ (18,555) 3,277 (15,278) At 31.1.24 £ 44,722 - 44,722 |
|---|---|---|
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Dolma Foundation
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Unrestricted funds general | 48,795 | (15,054) | 33,741 |
| Restricted funds | |||
| Restricated | 36,545 | (66,220) | (29,675) |
| TOTAL FUNDS | 85,340 | (81,274) | 4,066 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds Unrestricted funds general Restricted funds Restricated TOTAL FUNDS |
Net Transfers movement between At 1.2.23 in funds funds £ £ £ 40,656 15,186 (26,398) - (26,398) 26,398 40,656 (11,212) - |
At 31.1.25 £ 29,444 - 29,444 |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds Unrestricted funds general Restricted funds Restricated TOTAL FUNDS |
Incoming resources £ 91,061 157,044 248,105 |
Resources expended £ (75,875) (183,442) (259,317) |
Movement in funds £ 15,186 (26,398) (11,212) |
|---|---|---|---|
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Dolma Foundation
Notes to the Financial Statements - continued for the Year Ended 31 January 2025
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2025.
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Dolma Foundation
| Detailed Statement of Financial Activities for the Year Ended 31 January 2025 INCOME AND ENDOWMENTS Donations and legacies Donations and gifts Total incoming resources EXPENDITURE Charitable activities School fees Promoting Access Support costs Other Wages Computer cost Office cost Sundries Bank charges Governance costs Consultancy fee Accountancy and legal fees Total resources expended Net (expenditure)/income |
31.1.25 £ 162,765 162,765 69,019 88,007 157,026 - 1,650 13,057 1,904 762 17,373 - 3,644 3,644 178,043 (15,278) |
31.1.24 £ 85,340 85,340 25,504 19,115 44,619 5,026 - - 572 457 6,055 29,000 1,600 30,600 81,274 4,066 |
|---|---|---|
This page does not form part of the statutory financial statements
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