OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2024-08-23-accounts

Drug Watch Foundation (Registered charity, number 1153523) Financial statements for the year ended 01 April 2024

Page Contents
2 Trustees’ annual report
3 Receipts & payments account
4 Statement of assets & liabilities
5 Notes to the accounts

Drug Watch Foundation Trustees’ annual report for the year ended 01 April 2024

Full name Drug Watch Foundation

Registered charity number 1153523

Main address

14 Sandy Lane Prestwich Manchester M25 9RY

Committee members

Samantha Jolly – Trustee Debbie Lewis – Trustee Michael Kirby – Trustee

Bankers

Barclays bank

Governance and management

Drug Watch Foundation are managed by Mr Malcolm Roberts who oversees the day to day running of the charity.

Aims and objectives

To preserve and protect the good health of persons in the U.K. who are in danger of becoming addicted to or dependent upon or who have already become addicted to or dependent on drugs, and to educate the public in the dangers of drug abuse.

Summary of the main achievements during the period

Working along government guidelines, Drug Watch Foundation have highlighted potential risks and harms of using both legal and illegal drugs via forms of interception and education. We continue to tackle the problem early on and believe that the quality of drug education in schools that we provide will increase the knowledge and confidence to both recognise the risks and effects, and the confidence to resist peer pressure.

The charity’s policy on reserves

It is our policy to always keep a positive reserve balance where possible, any excess reserves will be invested into charities similar to ourselves.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Debbie Lewis, Chairperson

2

Drug Watch Foundation

Receipts & payments account for the year ended 01 April 2024

Receipts
Donations
Total receipts
Cost of sales
Opening stock
Purchases
Closing stock
Total cost of sales
Payments
Rent and rates
Telephone
Insurance
Motor and travel expenses
Wages
Accountancy
Computer costs
Depreciation
Total Payments

Net receipts/(payments)

Bank and cash at the start of the period
Bank and cash at the end of the period
£
2,904
2,904
2,940
632
(2,010)
1,562
780
285
252
215
300
613
100
19
2,564
(1,222)
£584
£100


3

Drug Watch Foundation

Statement of assets and liabilities as at 01 April 2024

Cash assets
Current account
Deposit account
Petty cash

Total cash assets

Other assets
Fixed Assets
Stocks
Total other assets
Total assets
Liabilities
Accruals
Net current assets
£
100
0
59
159
58
2,010
2,068
2,227
2,040
2,040
187

These financial statements are accepted on behalf of the charity by:

Signed _____ Dated _____ Debbie Lewis, Treasurer

4

Drug Watch Foundation

Notes to the accounts for the year ended 01 April 2024

1. Receipts & payments accounts

Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.

2. Grants & Donations

Donations
£
Grants and donations
Moy Park Ltd 600
Brian Clowes 859
Skanska Rashleigh 1,200
Just giving donations 46
Other donations 199
Total grants and donations 2,904

3. Committee members’ remuneration

No remuneration was paid to any of the committee members.

4. Related party transactions

The organisation is managed by Malcolm Roberts, who is the brother of Trustee Debbie Lewis.

5