REGISTERED CHARITY NUMBER: 1157390 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR DENNIS WISE IN THE COMMUNITY
DENNIS WISE IN THE COMMUNITY CONTENTS OFTHE FINANCIAL STATEMENTS For The Year Ended 30 Juna 2024 Page Report of the Trustees 1 to2 Independent Examinerfs Report Slatemant of Finanpial Activities Balance Sheet Notes to Ihe Financial Statements 6t08 Detailéd Statement of Financial Activitles
DENNIS WISE IN THE COMMUNITY REPORT OF THE TRUSTEES For Tho Yaar Ended 30 June 2024 The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. 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 oflreland (FRS 102) {effeclive 1 January 2015). OBJECTIVES AND ACTIVITIES Objecllves and alm8 The charity's objects are to understand and support the needy. disadvantaged and underprivileged In the community, through various means includlng= the provislon of financial support for education purposes the provlslon of transport seNices for disadvantaged indlvlduals 8UPPOrt for underprlvlleged individuals in varlous forms, providing asslstan¢e based on their m8rlt8. Grant8 The Iruste8s consider all requests for grants, and support8d certain of them. The trust885 have reviewed the allOtion of grants made during the year to confirm that they accord with the objects of the Trust, the aims of the Trustees and the outcome is detailed in the Stat8ment of Financial Actlvities. The sums expended fall wllhln the parameters set by the Trustees having regard to the need for adequate reserves they judge to be prudent. ACHIEVEMENT AND PERFORMANCE A¢tlvitles and Achlevaments The Charity was able to once again h08t118 Annual Charity Ball at the Savoy hotel. Th8 ¢harlty was also able to donate 3 MSnibuses to 3 Charitles thls yèar which will go a signlficanl way to helping schools and communllles. FINANCIAL REVIEW R08ervo8 poIScy The trustees hav8 reviewed the fingncial posltlon of the charity which shows sufflclent funds In hand to allow the work of th8 charity to go forward. The trustees have adopted a management policy to have sufficient funds available lo meet the needs of user8, and to maintain adequate reserves to m88t any unexpecled but necessary expenditure. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by ils governing document, a d8ed of trust, and conslltutes an unincorporated charSty. Appolntmgnt of new trustge8 New truslees are selected for their suitability in the Ilght of their previous experience of ch8rity work or other relevant qualrfications. New trustees are inducted through explanations of the Trust Deed, the current programme of allocatlon of funds together wlth on-golng training as required. Day to day runnlng The charity has no staff. The routine business of the trust continues to be carried out by the trustees. The management of the trust's assets contlnues to be carried out by the Board of Trustees as a whole. The Irustees meet on a regular basis to discuss matters and policy and other decisions are made by trustees at their meetlngs ana Dy telephoneleTnall alscusslon. Pago 3
DENNIS SE IN THE COMMUNITY REPORT OF THE TRUSTEES For The Year Ended 30 Juna 2024 REFERENGE ANO ADMINISTRATIVE DETAIL8 Reglstered Charlty number 1157390 REFERENCE AND ADMINISTRATIVE DETAILS Prlneipal addr988 CIO STONEGATE HOMES LTD ABINGER HOUSE CHURCH STREET DORKING SURREY RH41DF Trustses DFWise D Wicks J Hinds Independent oxamlner KD Accounting Solutions Ltd Office 112 17 Holywell Hlll St Albans AL11DT Approved the orde e 808rd of Trusta8s on 16 Oclob8r 2024, and 819ned on its behalf by DFWise Trustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DENNIS WISE IN THE COMMUNITY CHARITABLE TRUST Independont examlngrfs report to the trustoos of Dgnnl8 W180 In The Communlty I report to the charity trustees on my examinatlon of the accounts of the Dennls Wise In The Communsty (the Trust) for the year ended 30 June 2024. Responsibilitlès and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'theAct'). I report In respect of my examlnallon of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Ind•pond0nt oxamlnefs statement I have completed my examlnation. I confirm that no materlal matters have come to my attenllon In connection with the examination giving Me cause to believe that In any material respect: accounting records were not kept in respecl of the Trust as required by section 130 of the Act,. or the accounts do not accord with those records., or th8 accounts do not comply with the applicable requirements concerning ihe form and content of accounts set out In th8 Charities {Accounts and Reports) Regulations 2008 other than any requirement Ihat thè a¢¢ounts give a true and fair vlew whlch is not a matter considered as part of an independent examination. l Confirm that there are no other matters to which your attentlon should be drawn to enable a proper understandlng of the accounts to b8 reachèd. Kam Gr8wal KD Accounting Solutions Ltd Office 112 17 Holywell Hlll St Albans AL1 1DT 17 October 2024 Page 3
DENNIS WISE IN THE COMMUNITY STATEMENT OF FINANCIAL ACTIVITIES For Th8 Year Ended 30 Junè 2024 2024 2023 Unrestricted Unrestricted fijnd funds Notss INCOME AND ENDOWMENT8 FROM Donations and legacies 122.679 157,473 Total 122.679 157.473 EXPENDITURE ON Raising funds Charltable actlvltle8 Charitable donations paid Adminlstrative costs 47,897 95,993 154,559 7.680 5,800 5,165 Total 210,116 1ce,958 NET INCOMEI{EXPENDITURE (87.4371 50,515 RECONCILIATION OF FUNDS Totsl fund• brought forward 223,520 173,CQ5 TOTAL FUNDS CARRIED FORWARD 138,083 223,520 The notes form part of these financial statements Page4
DENNIS WISE IN THE COMMUNITY BALANCESHEET At 30 June 2024 2024 2023 Unrestricted Unrestncted fund Fund Notes CURRENT ASSErs Cash at bank Trade Debtors 129,889 6,200 248,945 CREDITORS Amounts falling due wthin one year {61 125,4251 NET CURRENT ASSETS 136,083 223,520 TOTAL ASSETS LESS CURRENT LIABILITIES 136,083 223,520 NET ASSETS 138,083 223,520 FUNDS Unrestricted funds 136.083 223,520 TOTAL FUNDS 136,083 223,520 The financlal statements were approved by the Board of Trust88s on 18 October 2024 and were slgned on its behalf by.. The notes form ar¢ of Ihe6e finanGlal staternents Pago 5
DENNIS VVISE IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENrs For The Year Ended 30 June 2024 ACCOUNTING POLICIES Basls of preparlng the flnanclal ststements The financial statements of the charity. which is a public benefit entity under FRS 102, have been prepared in accordance wilh 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) (effedive 1 January 2015),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in theUKand RepubliGoflreland' andthe CharitiesAct2011. Thefinanclal statements have been prepared under the historical cost convention. In¢om• All income Is recognlsed In th8 Statement of Financial Activities once the chadty has entltlement to the funds, it is probable that the income will be re¢elved and the amount can be measured reliably. Expendltum Liabilities are recognised as expendllure as soon as there is a legal or constructlve obligallon committing the charity to that expenditure, it is probable that a transfer of economic b8n8ffts will be required in settlement and the amounl of the obligation ¢an be measured reliably. Expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all cost related to the category. Where costs cannol be dlrectly attributed to particular headings they have b8en allocaled lo actlvllles on a basls conslstent wlth the use of resources. Taxatlon The charity is exempt from tax on ts ¢haritable activities. Fund accountlng Unrestrictèd funds can be used in accordance with the charltable obl8Ctlv8s at the discr8tion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charlty. Restrlctlons arlse when specified by th8 donor or wh8n funds are raised for partlcular restrfcted purposes. Further explanation of the nature and purpose of each fund Is Induded In the notes to the financial statements. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 June 2024 nor for the yoar ended 30 June 2023. Trustees. expen808 There were no trustees, expenses paid for the year ended 30 June 2024 nor for the year ended 30 Juna 2023. Page 6
DENNIS WISE IN THE COMMUNITY NOTES TOTHE FINANCIAL STATEMENTS-CONTINUED For The Year Ended 30 June 2024 COMPARATIVES FOR THESTATEMENT OFFINANCIALACTIVITIES Unrestrictec Funa 2003 INCOME AND ENDOWMENTS FROM Donations and legacies 157,472 Investment incom8 Total 157,473 EXPENDITURE ON Raising funds Charltable activities Charitable donaty'ons paid Administrative costs 5,800 5,165 Totsl 108,958 NET INCOMEIIEXPENDITURE) 50,515 RECONCILIATION OF FUNDS Total fund8 brought forward 173,005 TOTAL FUNDS CARRIED FORWARD 223,520 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 25,425 MOVEMENT IN FUNDS Net movement in funds At 1.7.23 At 30.6.24 Unrestrlcted funds General fund 223,520 (87,437) 136,083 TOTAL FUNDS 223,520 {87,4371 136,083 Pa9e 7
DENNIS WISE IN THE COMMUNITY NOTES TO THE FINANCIAL STATEMENrs - coMriNUED For The Year Ended 30 June 2024 6. RELATED PARTY TRANSACTIONS There were no related party tr2nsactiong for the year ended 30 June 2024 Page 8