CHARITY REGISTRATION NUMBER: 1163260
Django Girls Foundation Unaudited Financial Statements
30 June 2022
Django Girls Foundation
Financial Statements
Year ended 30 June 2022
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner’s report | 4 |
| Statement of financial activities | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 14 |
Django Girls Foundation
Trustees' Annual Report
Year ended 30 June 2022
The trustees present their report and the unaudited financial statements of the charity for the year ended 30 June 2022.
Reference and administrative details
| Registered charity name | Django Girls Foundation |
|---|---|
| Charity registration number | 1163260 |
| Principal office | 11 Florin Lane Salford |
| M6 5TF | |
| England | |
| The trustees | A Bello |
| A Makarudze | |
| C Rachell | |
| L Wing Yee So | |
| C Wicher | |
| Accountants | Tobass Limited |
| 14 Old Market Place | |
| Altrincham | |
| WA14 4DF |
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Django Girls Foundation
Trustees' Annual Report continued
Year ended 30 June 2022
Structure, governance and management
Governing document
The charity is constituted as a charitable incorporated organisation and is therefore governed by its constitution. The members of the CIO shall be its charity trustees for the time being. The only persons eligible to be members of the CIO are its charity trustees. Membership of the CIO cannot be transferred to anyone else. Any member and charity trustee who ceases to be a charity trustee automatically ceases to be a member of the CIO. Eligibility for membership of the charity and membership of the board of trustees is governed by the charity’s constitution.
Recruitment and appointment of new trustees
Trustees are appointed according to their relevant skills, knowledge and experience and based on the current operational climate and needs. Quality, characteristics and qualifications are essential when selecting members of the board of the trustees.
Organisational structure
At the initial state the trustees manage all aspects of the work including fundraising, programmes, finance and general management.
Induction and training of new trustees
All the trustees are introduced to their new role upon their appointment. A copy of the governing document, policies and procedures are also provided. This also includes an explanation of the function of the board of trustees. Besides this, all trustees are recommended to take part in different structured training courses.
Risk management
The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Objectives and activities
Objectives and aims
The objects of the CIO are to advance the education of the public in particular but not exclusively women in the subject of computer science by providing or assisting in the provision of programming workshops and educational material.
Significant activities
During this year of Django Girls Foundation activities, the charity focused on growing its community of volunteer workshop organisers as well as improving and promoting our free online resources for women to learn programming. Due to the COVID 19 pandemic, workshops remained online for the majority of the year, returning to in-person workshops in countries where restrictions were fully lifted from early 2022.
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Django Girls Foundation
Trustees' Annual Report continued
Year ended 30 June 2022
Achievements and performance
21 of our volunteers and 87 coaches organised 36 workshops in 24 countries all over the world, attended by 290 women. All of those workshops were available to participants for free. The charity focused on growing and supporting the number of volunteers by hiring a contractor to help manage online communication with them through email, video chat and online text chat. The charity also continued developing training material for volunteers and organised opportunities for them to meet, connect and collaborate.
The charity's online resources for learning programming that are available for free have been continuously developed by volunteers. To find new contributors, it organised and participated in events gathering web developers familiar with its technology.
Financial review
Principal funding sources
During the year, the charity received unrestricted income of £15,571. The majority of the funds were used to support volunteers and increase cash reserves. However, the management could not organise any big fundraising event, which has resulted in a decline in the charity's income.
The organisation has no guaranteed income. Its continued work is entirely dependent on the public's goodwill. To reduce the risk of significant income fluctuations, the organisation aims to foster public commitment to the charity's objectives.
Reserves policy
The Trustees recognise the need to have reserves in place to ensure the continuation of our work in the event of an unforeseen downturn. This is particularly important for a young charity like Django Girls Foundation, which is going through a period of organic growth, where a reliable income stream is being established. The Trustees aim to ensure they have sufficient reserves to cover six months running costs which is being comfortably met.
The trustees' annual report was approved on 11th September 2024 and signed on behalf of the board of trustees by:
C Wicher Trustee
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Django Girls Foundation
Independent Examiner’s Report
Year ended 30 June 2022
Independent examiner’s report to the trustees of Django Girls Foundation
I report to the trustees on my examination of the accounts of Django Girls Foundation (the Charity) for the year ended 30 June 2022.
Responsibilities and basis of report
As the charity trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination, and I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
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.
Signed: Date:
Tanya O’Toole FCMA
Tobass Limited 14 Old Market Place Altrincham WA14 4DF
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Django Girls Foundation
Statement of Financial Activities
Year ended 30 June 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | |||
| funds | Total funds | Total funds | |
| Note | £ | £ | £ |
| Income and endowments | |||
| Donations and legacies | 14,831 | 14,831 | 13,542 |
| Other trading activities | 740 | 740 | 3,453 |
| Total income | 15,571 | 15,571 |
16,995 |
| Expenditure | |||
| Expenditure on raising funds: | |||
| Costs of other trading activities | - | - | 6,126 |
| Expenditure on charitable activities | 13,275 | 13,275 |
16,152 |
| Total expenditure | 13,275 | 13,275 |
22,278 |
| Net (expenditure)/income and net movement in funds | 2,296 | 2,296 |
(5,283) |
| Reconciliation of funds | |||
| Total funds brought forward | 25,005 | 25,005 |
30,288 |
| Total funds carried forward | 27,301 | 27,301 |
25,005 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 12 form part of these financial statements.
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Django Girls Foundation
Statement of Financial Position
30 June 2022
| Fixed assets Note Tangible fixed assets 6 Current assets Stock 7 Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities Funds of the charity Unrestricted funds Total charity funds 9 |
2022 £ 150 - 28,651 28,651 1,500 27,151 27,301 27,301 27,301 |
2021 £ 300 - 25,238 25,238 533 24,705 25,005 25,005 25,005 |
|---|---|---|
These financial statements were approved by the board of trustees and authorised for issue on …………………., and are signed on behalf of the board by:
C Wicher Trustee
The notes on pages 7 to 12 form part of these financial statements.
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Django Girls Foundation
Notes to the Financial Statements
Year ended 30 June 2022
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 11 Florin Lane, Salford, M6 5TF, England.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the statement of financial activities.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
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Django Girls Foundation
Notes to the Financial Statements (continued)
Year ended 30 June 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable, and its amount can be measured reliably.
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legacy income is recognised when receipt is probable, and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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Django Girls Foundation
Notes to the Financial Statements (continued)
Year ended 30 June 2022
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
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Django Girls Foundation
Notes to the Financial Statements (continued)
Year ended 30 June 2022
3. Accounting policies (continued)
Financial instruments (continued)
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
| 2022 |
2021 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets | 150 | 300 |
| Foreign exchange differences | (1,097) | 1,325 |
5. Trustee remuneration and expenses
There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.
There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.
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Django Girls Foundation
Notes to the Financial Statements (continued)
Year ended 30 June 2022
| 6. Tangible fixed assets Cost At 1 July 2021 and 30 June 2022 Depreciation At 1 July 2021 Charge for the year At 30 June 2021 Carrying amount At 30 June 2022 At 30 June 2021 7. Stocks Raw materials and consumables 8. Creditors: amounts falling due within one year Trade creditors 9. Analysis of charitable funds Unrestricted funds Unrestricted fund - Computer Programming Workshops for Women Unrestricted fund - Computer Programming Workshops for Women |
At 1 July 2021 £ 25,005 At 1 July 2021 £ 30,288 |
Equipment £ 600 300 150 450 150 300 2021 2021 £ £ – – 2022 2021 £ £ 1,500 533 At Income Expenditure 30 June 2022 £ £ £ 15,571 (13,275) 27,301 At Income Expenditure 30 June 2021 £ £ £ 16,995 (22,278) 25,005 |
|---|---|---|
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Django Girls Foundation
Notes to the Financial Statements (continued)
Year ended 30 June 2022
10. Related parties
During the year C Wicher, a Trustee for the Charity, received a total of £4,425 (2021 - £3,075) for the provision of administration services and A Makarudze, a Trustee of the Charity, received a total of £5,450 (2021 - £5,131).
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Django Girls Foundation
Management Information
Year ended 30 June 2022
The following pages do not form part of the financial statements.
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Django Girls Foundation
Detailed Statement of Financial Activities
Year ended 30 June 2022
| Income and endowments Donations and legacies Donations Other trading activities Sponsorships Shop income Total income Expenditure Costs of other trading activities Opening stock Purchases Closing stock Expenditure on charitable activities Legal and professional fees Software and IT Other office costs Depreciation Foreign exchange gain/loss Bank charges Accountancy fees Subscriptions Advertising Total expenditure Net income/(expenditure) |
2022 £ 14,831 740 – 740 15,571 – – – – 9,158 – 50 150 (1,097) 212 1,510 577 2,715 13,275 13,275 2,296 |
2021 £ 13,542 3,453 – 3,453 16,995 6,000 126 – 6,126 11,201 – – 150 1,325 187 1,008 276 2,005 16,152 22,278 (5,283) |
|---|---|---|
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