Charlty reglstratlon number 1160651
Company re8Sstratlon number 03284438 IEngland and Wales)
DESIGN SOUTH EAST UMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

DESIGN SOUTH EAST LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
H Satchwell
B Rogers
S Willcox
M Cook
J Martin
R Nazzari
J Stockwell
Secretsry
CALamb
Charity number
1160651
Company number
03284438
Re8iStered office
70 Cowcross Street
London
ECIM 6EJ
Independent examlner
TC Group
Star House
star Hill
Rochester
Kent
MEI IUX
8anker5
Barclays Plc
62 Earl Street
Maidstone
Kent
ME14 IPS

DESIGN SOUTH EAST LIMITED
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financlal actlvities
io
Statement of financlal position
11
Statement of cash flows
12
Note5 to the financlal statements
13-21

DESIGN SOUTH EAST LIMITED
TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORn
FOR THE YEAR ENDED 31 MARCH 2024
The trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual
report together with the audited financial statements of Design South East Limited (the company) for the year
ended 31 March 2024. The Trustees confirm that the Annual report and financial statements of the company
comply with the current statutory requirements, the requirements of the company's governing document and the
provisions of the Statement of Recommended Practice ISORPI, applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective
l January 20191.
Constitution
Design South East is a Company Limited by Guarantee governed by its Memorandum and Articles of Association
dated 18 December 2014. It is re8lStered as a charity with the Charity Commission.
Method of appolntment or electlon of trustees
Directors are either 'A' or 'B' directors. 'A' directors are those appointed by 'A' members. 'A' members are
currently-.
Medway Council
University of Greenwich
Grave5ham Borough Council
Each 'A' member may nominate one 'A' director, carried out in accordance with our Articles of Association.
A'B, member is a member admitted a5 a 'B' member in accordance with the Article5 of Association. A 'B' director
is any director appointed as a 'B' member. Anyone wishing to become a B director must make an application for
membership and an appointment is subject to approval by a majority of the directors. When considerin8
applications the Board has regard to the requirement for any specialist skills on the board and 8eo8raphic
representation, in addition to the understanding of and alignment with the objects of the company.
Policies adopted for the indurtion and trainin8 of trustees
New trustees undergo an orientation session to brlef them on their legal obligations under charity and companv
law, the Charlty Commlsslon guidance on public benefit,. and to inform them of the content of the memorandum
and Articles of Association, the committee and decision-making processes, the business plan and recent financial
performance of the charity During induction they meet key employees and other trustees. Trustees are
encouraged to attend appropriate external training events where these will facilitate the undertakin8 of their role.

DESIGN SOUTH EAST LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Organlsatlonal structure and decision making
The board administers the charity. The board meets quarterly, or more frequently, if necessary. There is a
finance subcommittee which also meets quarterly, or more frequently if required.
A Chief Executive whose title is Director (though he is not a director for legal purposes} is appointed by the
trustees to manage the day-to-day operations of the charity. To facilitate effective operations, the Chief Executive
has delegated authorityj Wlthin terms of delegation approved by the trustees, for operational matters including
finance, employment and programme related activity.
Our objects are:
l. To advance public education and to develop and Improve the skills and capabilities of people of all ages by
encouraging the understanding of the arts, archltetture and the bullt environment,,
2. To promote soclal inclusion for the public benefit in particular those that are, or feel they are, excluded
from society by helpin8 local people to participate in the improvement of the quality of their built
environment Ibeing excluded from societyi or part of society, as a result of bein8 a member of a socially
and economically deprived community or on the grounds of thelr soclal and economlc p051tionl;
3. To promote sustainable development for public benefit in particular best practice in the field of sustainable
development. Sustainable development mean5 development which meets the needs of the present
without compromising the ability of future generations to meet their own needs
4. To advance the education of the public in urban and rural regeneration by promoting best practice in the
field of regeneration In areas of soclal and economic deprivation for the public benefit;
5. To help young people advance In Ilfe by developlng their skills in the art5, architecture and the built
environment; and
6. To further such other charitable purposes (charitable under English lawl as the Directors see tit from
time to time prlmarlly, but not excluslvely in the south of England.

DESIGN SOUTH EAST LIMITED
TRUSTEES, REPORT (INCWDING DIRECTORS. REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Review of activities
Our work this year has focused primarily on three of our objects; to develop and improve the skills and
capabilities of people, to promote social inclusion and to promote sustainable development for public benefit.
The majority of our activities have been delivered through on-location events, workshops, study tours. We have
where possible used online platforms (where their use has not been detrimental to the activity) on
sustainability grounds.
Though design review remained our main activity thereby helping to promote sustainable development we
have increased activities that promote social Inclusion, by establlshlng panels and forums to support public
engagement in planning and design processes.
Developing and improvlng the skllls and capabllltles of people
We launched a new local authority design code network to provlde tralnlng and support for local authorlties In
the 50Utheast who are developing or considering design codes. The network meets quarterly, with each session
starting wlth expert speakers with the rest of the session providing an opportunity for officers to meet
colleagues and to share knowled8e.
We organised a study tour of the urban extension of Chilmington Green in collaboration with Ashford Borough
Council to explore the delivery of the vision and design principle5 for this new community.
Our 'Revitalising Rural Places, workshop explored the challenges and opportunSties associated with managing
and revitalising rural places, including a revlew of best practices in rural master planning and placemaking.
Our tirst weblnar in 2024 was broadcast on 23 January. Our guest speaker explored best practices in street
design and drew on his experience working across the southeast.
Promotlng social inclusion
The Kingston Cltlzens, Panel, which we facilitated with officers at the Royal Borough of Kingston upon Thames
earlier in 2023 was shortlisted for the London Plannlng Awards for'Best Community Engagement Outcomes,.
With area-wide desl8n codes soon to becomlng a statutory requlrement, we supported local authorlties wlth
strateglc advlce on how to develop design codes. We also trained officers and stakeholders in the design coding
process, whlch Is predicated on effecttve communlty engagement. This work supported the in-house production
of an area-wlde desl8n code for Runnymede Borough Council.
We were also commissioned by a government department to carry out a short research project around the
concept of 'provably popular design, in relation to engaging communities in design coding and planning
processe5.

DESIGN SOUTH EAST LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REpom ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Promoting sustalnable development for public benefit
We continued to increase our emphasis on promoting sustainable development through our design review
activities and made this a key factor in how we structured sessions. This was particu larly importanl in relation
to larger urban projects, where we sought coherent sustainability strategies to underpin design development,
and for specific mea5ure5 and actions, including the reuse of existing built form and the inclusion of sustainable
urban drainage. On the major rural sites on which we were engaged we again promoted the importance of a
sustainability strategy and commitment to sustainable travel and drainage and a zero carbon approach. To
support this we delivered a training event to review the latest zero carbon developments being planned and
delivered across the UK, and particularly the south east, in line with the government's 2050 target.
We developed new design review panel on behalf of the London Borough of Bexley and Dover Dlstrlct Councll
and we became the desl8n revlew partner for Thurrock Council. Our Kingston upon Thames and Brighton and
Hove design review panels were refreshed in 2023 and continued to support the dellvery of sustalnab
developments.
We also created opportunitles to deliver activities that enabled us to engage wlth projects earlier in the
planning process than deslgn review typically allows; at the visioning, strategy, policy- or plan-makin8 Sta8es of
projects. We achieved this through design code support, ctrproduction, and community engagement activities.
This early engagement enabled us to help clients and communities embed the principles of sustainable
development at the formative stage of projects.
We continued to embed Building for a Healthy Life principles into the end-to-end development proce55 for
major sites in partnership with governmental and regional organisations that share our values and purpose
across En8land.
Durlng the 23-24 fi'nancial year we also planned a major conference that was successfully delivered in April
2024. With a theme of 'Planning for a Sustainable Future, the conference brought 150 people from the public
and private sectors together to share knowledge on sustainable placemaking, collaborate on new approaches
and reach agreement on the prlorlties for the 50Uth east.
Through our climate quarterly, we rounded up important sustainability news and inspiring projects from the
south east of England. In one edition we reflected on the need for climate adaptation and highlighted the work
being done to drive forward decarbonisation and nature recovery.
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate
resources to continue in operational exlstence for the foreseeable future. For this reason, they continue to
adopt the 80ing concern basis in preparin8 the fi'nancial statements. Further details regarding the adoption of
the goin8 concern basi5 can be found in the Accountin8 Policies.

DESIGN SOUTH EAST LIMITED
TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORT) {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
The charity achieved a surplus for the period; however, the charity experienced a slight decrease in income,
which fell to £801,000 from £860,000 in the previous year12022-23}. This reduction was primarily due to
reduced client demand, influenced by overall economic uncertainty. However, our costs were lower th
budgeted for the period, which enabled the charity to deliver a surplus of £32,000 for the year, a significant
improvement compared to the £71,000 deficit recorded in 2022-23. The reduction in costs was achieved
through careful budget management and efficiency improvements. Specific areas where cost savings were
realised included reduced administrative costs and renegotiation of contracts. Additionally, the charity
implemented several cost-saving measures to our service delivery processes, without compromising the quality
of our services.
We consider the main risks facin8 the company that might impact on financial performance to be:
Economlc recession and a downturn in development and housebuildin8.
A change in government policy on planning generally, or speclfically on deslgn review, causing
reduction in demand for our core service.
To mltlgate these risks, we are diversifying our activities and therefore our sources of revenue.
Reserves pollcv
From 2023-24, the reserve level has been set at £175,(X)O. The trustees consider that reserves at this level
ensure that, in the event of a significant drop in income, the charity can continue its current activities while
exploring ways to ralse addStional Sncome.
Our policy mandates maintaining a mlnimum reserve of £175,000. At the close of the fiscal year, we successfully
maintained this level and continue to do so.

DESIGN SOUTH EAST LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (cohrriNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future perlods
Our short-term objectives are aimed at addressing immediate needs within our communlty, improving
operational efficiency, and enhancing our service delivery. Specific short-term goals include:
Continued diversification: We will increase our range of activities by engaging with new and existing client
and stakeholder groups.
Increased Efficiency.. We will streamline our administrative processes to reduce our costs
Our long-term objectives are designed to ensure the sustainability and growth of our charity, while also
expanding our impact on the communities we work In. These objectives include..
Sustainable growth: Over the next five yeats, we aim to grow and diversify our fundingsources and
activities.
Stregthening our capacity., To support our long-term growth we are focused on building our Internal
capacity. Th15 Includes investing in staff development, Improvlng our operating processes and upgrading
our IT infrastructure to better support our operations.
To achieve these obJectlve5, the following key activities were planned and executed:
Stakeholder Enga8ement: We will conduct surveys and meet stakeholder groups to better understand
their needs and refine our service offerings accordingly.
Monitoring and Evaluation.. We will implement a robust monitoring and evaluation framework to track the
progress of our initiatives.
Partnership Building: We will establish new partnerships with local authorities and 8overnment
departments
Staff Training and Development: Continuous professional development will be provided to our staff to
ensure they have the skills necessary to implement our strate8ic objectives effectively.
Past experience has influenced our plans and decisions in terms of:
The importance of respondlng rapldly to a changin8 operating envlronment,
The need for effective prlclng of our activities.
The need for Investment in 5Y5tems and processes.
The value of beSng responsive to feedback from stakeholders.

DESIGN SOUTH EAST UMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Arrangements for setting pay of key personnel
All employees of Design South East are subject to annual appraisal and mid-term reviews. In the case of the
Chief Executive the appraisal is conducted wlth the Chalr of the Board. The remuneration committee comprises
three directors of the company, advised by the Chief Executive. Pay rises for staff were agreed by this
committee. The pay of the Chief Executive was also agreed by the committee but without the presence of the
Chief Executive. Decisions are reached in in accordance with our remuneration policy, includin8 factors such as
performance as judged by the appraisal process, and the financial position of the company.
Structure, governance and management
The charity is a company limited by guarantee.
The trustees, who are also the dlrectors for the purpose of company law, and who served durlng the year and up
to the date of signature of the financial statements were:
J J Armltt
H Satchwell
B Condon
B Ro8ers
Swillcox
M Cook
J Martin
Avon Bradsky
R Nazzari
L Archer
J Stockwell
(Resl8ned 29 June 20231
{Resi8ned 16 October 20231
{Resi8ned 4 March 2024)
IRes18ned 17 April 2024)
(Appointed 12 July 20231
None of the trustees has any beneficlal interest in the company.

DESIGN SOUTH EAST LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trustees, responslbllltfes statement
The Trustees (who are also directors of Design South East Limited for the purposes of company lawl are
responsible for prepa ring the Trustees, report and the fi'nancial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each fi'nancial year. Under Company law
the Trustees must not a pprove the h. nancial statements unless they are satisfied that they give a true and fair
view of the situation of the charitable company and of the incoming resources and application of re￿urCes,
including the income and expenditure, of the charitable company for that period. I n preparlng ihese financial
statements, the Trustees are requ ired to:
• select suitable accountlng pollcies and then apply them consistently,.
observe the methods and prlnciples In the Charltles SORP..
make judgments and accountin8 estimates that are reasonable and prudent,,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures d15closed and explained in the financial statements;
prepare the financia I statement5 on the going concern basis unless it is ina ppropriate to presume that
the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charitable company's transactions and 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 safeguarding the assets of the charitable company and
hence for takin8 reasonable steps for the prevents'on and detection of fraud and other irregularities.
The trustees, report was approved by the Board of Trustees.
B Rogers
.zt..Qcto.ty.o.r 2.Q.24.....

DESIGN SOUTH EAST LIMITED
INDEPENDEMf EXAMINER'S REPORT
TO THE TRUSTEES OF DESIGN SOUTH EAsf LIMITED
I report to the trustees on my examination of the financial statements of Design South East Limited (the charity)
for the year ended 31 March 2024.
Responsibilities and ba515 of report
A5 the trustees of the charity land also its directors for the purposes of company law) you are rspon5ible 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 examination ofthe 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 Commlssion under section 14515)Ibl
of the 2011 Act.
Independent examiner's Statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body Ilsted In section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ACCA,
whlch Is one of the Ilsted bodles.
I have completed my examlnatton. 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:
accounting record5 were not kept in respect of the charity as requlred by section 386 of the 2006Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of sect70n 396 of the 2006 Act
other than any requirement that the accounts give a true and fair view which is not a matter consldered as
part of an independent examlnation; or
the financlal statements have not been prepared In accordance wlth the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charltles applicable to charitles
preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and
Republic of Ireland {FRS 1021.
I have no concerns and have come across no other matters in connection with the examination to whrh attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be
reached.
S Meah FCCA
On behalf of TC Group
Star House
Star Hill
Rochester
Kent
MEI IUX
Dated: ....

DESIGN SOUTH EAST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlrted
funds
2024
Unyestrlcted
funds
2023
Note5
Income from:
Charitable activities
Investments
8(X),957
5,684
858,561
1,543
Totsl Income
806,641
860,104
Expenditure on:
Charitable activities
774,343
931,179
Total expenditure
774,343
931,179
Net Income/lexpendlture) and movemerrt in funds
32,298
171,075}
Reconciliatlon of funds:
Fund balances at l April 2023
178,629
249,704
Fund balances at 31 March 2024
210,927
178,629
The statement of financlal activities includes all gains and losses reco8nised In the year. All Income and
expenditure derlve from continuln8 activities.
10-

DESIGN SOUTH EAsf LIMITED
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2024
2024
2023
Notes
Fljted assets
Tangible assets
io
1,760
5,450
Current assets
Debtors
Cash at bank and in hand
11
143,710
267,106
115,723
251,551
410,816
367,274
Credltors: amount5 falllnz due wlthln one
year
12
{201,6491
{194,0951
Net current assets
209,167
173,179
Total assets less current liabilities
210,927
178,629
Net assets excludlng penslon Ilablllty
210,927
178,629
The funds of the charlty
Unrestricted funds
210,927
178,629
210,927
178,629
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies
Act 2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companles Act 2006
with respect to accountin8 records and the preparation of h'nancial statements.
The member5 have not required the company to obtain an audit of its financial statements forthe year In question
in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companie5 subject
to the small companies regime.
23 October, 2024
The financial statements were approved by the trustees on ..,.....................,
B Rogers
Company registration number 03284438 (En8land and Wales)
11

DESIGN SOUTH EAST LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCM 2024
2024
2023
Notes
Cash flows from operatlng attivities
Cash generated from operations
17
9,871
51,529
Investlng activltles
Purchase of tangible fixed assets
Investment Income recelved
{3,321)
1,543
5,684
Net cash 8enerated from/lused In)
investln8 artlvltles
5,684
11,778)
Net cash used In flnanclng actfvitles
Net increase In cash and cash equlvalents
15,555
49,751
Cash and cash equlvalents at beginnin8 of year
251,551
201,800
Cash and cash equlvalents at end of year
267,106
251,551
12-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charlty Information
Design South East Limited is a private company limited by guarantee incorporated in England and Wa les. The
registered office is 70 Cowcross Street, London, ECIM 6EJ.
1.1 Accountlng convention
The financial statements have been prepared In accordance with the charity's Igoverning document], the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" I'FRS 102") and the Charities SORP "Accountin8 and Reporting by Charlttes: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wlth the Flnancial
Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102)" (effective l January 20191. The
charity is a Public Benefit Entity as defi'ned by FRS 102.
The financial statements are prepared in sterling, which Is the functional currency of the charlty. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal a￿ ounting
policies adopted are set out below.
Design South East Limited meet5 the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognlsed at historical cost or transaction value unless otherwise stated in the relaiant
accounting policy.
The company'5 functional and presentational currency Is GBP.
1.2 Going concern
At the time of approvlng the financial statements, the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accountin8 in preparin8 the financial statements.
1.3 Charitable funds
General funds are unrestrlcted funds whlch are avallable for use at the discretion of the Trustees in
furtherance of the general objectives of the company and which have not been designated for the other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors
or which have been raised by the company for particular purposes. The costs of raising and administering
such funds are charges against the specific fund. The aim and use of each restricted fund is set out in the
notes to the financial statements.
Investrnent income, gains and losses are allocated to the appropriate fund.
1.4 Income
All income is recognised once the charity ha5 entitlement to the income, it is probable that the income will
be received, and the amount of income receivable can be measured reliably.
13-

DESIGN SOUTH EAST UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
Income tax recoverable in relation to investment income is recognised at the time the investment ncome is
receivable.
Grants received from County Council and Medway Council and are accounted for on receivable basis,
Project income is recognised when the company obtains the right to consideration under the terms Lrf the
individual contract. Where the right to consideration occurs before the service is invoiced the incrjme is
accrued. When the right to consideration occurs after the service is invoiced the income is deferred.
1.5 Expendlture
Expenditure Is recognlsed once there is a legal or constructlve obli8atlon to transfer economic b￿efit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, andthe amount
of the obligation can be measured reliably.
Expendlture Is classlfied by activity. The costs of each activity are made up of the total of dIr￿t costs and
shared costs, includin8 SUPPOrt costs involved in undertaking each activity. Direct costs attributaEle to a
single activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned between those actwitie5 on
a basi5 consistent with the use of resource5. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
Charitable activities and Governance costs are costs incurred on the company's operations, including
support costs and costs relating to the governance of the company apportioned to charitable activities.
1.6 Tanglble fixed assets
Tangible fixed assets are Initially measured at C05t and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreclation Is reco8nised so as to wrlte off the cost or valuation of assets less their residual values over
their useful Ilves on the following bases:
Fixtures and fittings
Computer Equipment
33% stralght Ilne
33% strai8ht line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with bank5, Other short-term liquid
Investments with original maturitie5 of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowin85 in current liabilities.
14-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles
{Contlnued)
1.8 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its fi'nancial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrurnent.
Flnanclal assets and Ilabllltles are offset. wlth the net amounts presented in the financial statements. when
there is a legally enforceable right to set off the recognised amounts and there is an intention tosettle on a
net basis or to realise the asset and settle the liability simultaneously.
Baslcfinanclal assets
Basic financlal assets, whlch Include debtors and cash and bank balance5, are Initially measured
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction
Is measured at the present value of the future receipts discounted at a market rate of interest. Financial
assets classified a5 receivable within one year are not amortised.
8oslcfinanclaTI Ilabllltles
Basic financial liabilitie5, includin8 creditors and bank loans are initially recognised at transaction price unles5
the arrangernent constitutes a financing transaction, where the debt instrument is measured at the p￿sent
value of the future payments discounted at a market rate of interest. Financlal liabllities classified as payable
within one year are not amortised.
Debt Instruments are subsequently carried at amorti5ed cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired In the ordin¥y course of
operations from suppliers. Amounts payable are classlfied as current liabilities if payment is due withln one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognlsed initially at
transactton prlce and subsequently measured at amortised cost using the effective interest method.
1.9 Company status
The company is a company Ilmlted by guarantee. The members of the company are the Trustees named on
page l. In the event of the company bein8 wound Upi the liability in respect of the guarantee is linited to £1
per mernber of the company.
1.10 Pensions
The company operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the company to the fund in respect of the year.
15-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitable activities
Unrestricted
funds
2024
Unrestricted
funds
2023
All charitable activitie5
800,957
858,561
Income from Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
5,684
1,543
Charitable activities
Unrestricted Unrestricted
funds
funds
2024
2023
Panel fees
Panel expenses
Venue hlre
Catering design review
Wages and salaries
National insurance
Pension cost
Seminars and conference fees
168,466
19,450
729
238,341
15,639
2,223
2.782
387,951
37,854
10,448
2,173
335,754
29,841
8,089
3,639
565,968
697,411
Share of sUPPOrt costs (see note 5)
Share of governance costs (see note 5)
206,955
1,420
232,353
1,415
774,343
931,179
18-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
costs
2024Support costs Governance
costs
2023
Consultan
Premises costs
Travel & entertainment
Office costs
Accountancy fees
Professional fees
Marketing and
communications
Bad debts
Wages and salaries
National insurance
Pension costs
Depreciation
36,257
26,352
11,644
25,971
3,225
6,338
36,257
26,352
11,644
25,971
3,225
6,338
25,917
34,168
8,852
45,594
2,917
8,506
25,917
34.168
8,852
45,594
2,917
8,506
762
3,420
78,259
9,716
1,321
3,690
762
3,420
78,259
9,716
1,321
3,690
4,045
4,045
86,761
9,257
1,452
4,884
86,761
9,257
1,452
4,884
Independent examiners,
remuneration
1,420
1,420
1,415
1,415
206,955
1,420
208,375
232,353
1,415
233,768
Analysed between
Charitable activities
206,955
1,420
208,375
232,353
1,415
233,768
Net movement In funds
2024
2023
The net movement in funds is stated after charging/lcrediting):
Depreciation of owned tangible fixed assets
3,690
4,884
Trustees
None of the trustees {or any persons connected with them) received any remuneration or benefits frc¥n the
charity during the year.
17-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS {coMfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Director
Head of Programmes
Programme Coordlnator
Pro8ramme Admlnlstrator
Events and Marketing Coordinator
Finance Mana8er
Head of Servlce Dellvery
Design Advlsor
Total
12
li
The number of employees whose annual remuneration was more than
£60,000 is as follows..
2024
Number
2023
Number
In the band £70,001- £80,000
In the band £60,000- £70,000
The key management personnel of the charity comprise, the Chief Executive Officer, Operations Manager
and the Head of Programmes. The total employee benefi'ts of the key management personnel of the Charity
were £189,78112023 - £151,586).
Taxation
The charity is exempt from taxation on its attivities because all its income 15 applied for charitable purposes.
18-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Tanglble flxed assets
FIMtur•s and
fittlngs
Computsr
Equiprnent
Totsl
Cost
At l April 2023
1,360
31,275
32,635
At 31 March 2024
1,360
31,275
32,635
Depreciation and Impalrment
At l Aprll 2023
Depreclation charged In the year
1,360
25,825
3,690
27,185
3,690
At 31 March 2024
1,360
29,515
30,875
Carrylng amount
At 31 March 2024
1,760
1,760
At 31 March 2023
5,450
5,450
11 Debtors
2024
2023
Amounts falllng due wfthln one year:
Trade debtors
Other debtors
Prepayments and accrued Income
133,128
760
9,822
102,854
300
12,569
143,710
115,723
12 Creditors: amounts falling due within one year
2024
2023
Notes
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals
40,022
85,455
17,524
1,172
57,476
37,588
62,675
29,048
2,220
62,564
13
201,649
194,095
19-

DESIGN SOUTH EAST LIMITED
NOTESTO THE FINANCIAL STATEMENTS (coNfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Deferred income
2024
2023
Other deferred income
85,455
62,675
Deferred Income is Included in the financlal statements as follows:
2024
2023
Deferred income Is Included withln:
Current liabilities
85,455
62,675
Movements in the year..
Deferred income at l Aprll 2023
Released from previous period5
Resources deferred in the year
62,675
162,675)
85,455
13,145
113,145)
62,675
Deferred income at 31 March 2024
85,455
62,675
14 Unrestrlcted funds
The unrestrlcted funds of the charity comprlse the unexpended balances of donations and 8rants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aslde out of unrestritted funds by the trustees for specific purposes.
At l Aprll 2023
Incomlng
resources
Resources At 31 March
expended
2024
General funds
178,629
806,641
1774,343)
210,927
Previous year:
At l Aprll Z02Z
Incoming
resources
Resources At 31 March
expended
2023
General funds
249,704
860,104
1931,179)
178,629
-20-

DESIGN SOUTH EAST LIMITED
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Related party transactions
During the year under review the following transactions took place with the company Tibbalds Planning and
Urban Design Ltd, a company in which H Satchwell is a Director and shareholder;
Sales of £720 (2023- £600)
All transactions were at arms, length and as at 31 March 2024 £Nil12023 - £Nill was due from Tibbalds
Planning and Urban Design Ltd.
16 Analysis of changes in net funds
The charity had no material debt durin8 the year.
17 Cash generated from operations
2024
2023
Surplusl{deficlt) for the year
32,298
{71,0751
Adjustments for:
Investment incorne recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
{5,6841
3,690
11,543)
4,884
Movements in working capital:
Ilncreasel/decrease in debtors
IDecreasel/increase in creditor5
Increase in deferred income
127,9871
115,2261
22,780
60,303
9,430
49,530
Cash generated from operatlons
9,871
51,529
21