Dal Dy Dir REGISTERED CHARITY NUMBER: 1171346
## REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Report of the Trustees p 3-5
Detailed Statement of Financial Activities p 6 - 9
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 December 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 of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
_The relief of people with disabilities and their families for the public benefit in particular but not exclusively by:_
_Providing opportunities for them that support and enable the creation of sustained life strategies, healthy lifestyles and support networks with the aim of promoting social cohesion and a greater understanding between them and different social groups;_
_Challenging perceptions of disability and other marginalised sectors of society and by supporting the creation of a community where all people can be regarded as equals irrespective of personal situation;_
_Creating a rural environment where people with disabilities can develop strategies and initiatives that aim to prevent or reduce poverty and isolation/exclusion through the creation of personal and educational training_
_opportunities alongside other minority groups; and by_
_Providing them with opportunities to develop themselves, experience greater community support and networking for their benefit without fear of judgement or discrimination._
## **Significant activities**
The main activities undertaken for the public benefit in relation to these objectives are as follows;
Outdoor training and activities for groups and individuals Crisis intervention Advocacy and support
## **Public benefit**
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit.
## **Volunteers**
We continue to receive support from volunteers within our community for a number of activities based around outdoor learning and development of our horticulture programmes.
## **ACHIEVEMENT AND PERFORMANCE**
As a charity we have continued to offer support and crisis intervention to people within our community. We have continued to see ramifications following the pandemic. We have also seen growing needs of the young people and adults that we work with. As Trustees we feel that we have achieved much since our start in 2016. We have see the charity grow and develop and support many people. After nearly ten years at the helm we will be stepping down to allow new Trustees to take over in 2025 so the charity can continue to grow and develop. We will scale down our funding applications during this time so that the new trustees and staff will be able to set their own targets and goals.
## **FINANCIAL REVIEW**
## **Financial position**
We feel that the has been a challenging time to find sustainable financial core funding for the charity and have sough our new partnerships to ensure that we can continue as a charity.
## **Principal funding sources**
Our principle source of fundraising was from charitable grants and from the provision of short breaks. We will continue to seek out opportunities for funding via charitable grants and partnerships over the coming year that will support the new structure proposed.
## **Investment policy and objectives**
We will continue to invest in our community and our staff and endeavour to find opportunities for them to continue to develop by offering opportunities for learning and training.
## **Reserves policy**
We do not hold reserves to allow for emergency repairs and expenditure this year.
## **Going concern**
The challenges of Coronavirus followed by the financial climate has meant that funding opportunities are still restricted. Further partnerships have been sought and it has been agreed that the current Trustees will step down to allow for new Trustees to move the charity forwards in lines wit the needs of our community.
## **Principal Risks**
The principal risks facing the charity are as follows;
General change in the charitable grants available and economic climate at the moment Seeking out new avenues of funding for core activities Ensuring smooth handover to new Trustees
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
The charity has planned for the appointment of new Trustees in 2025
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered Charity number 1171346
## **Principal address**
The Office, Station yard, Trefeglwys Road, Caersws, SY17 5HH
Trustees Dr K Palshis Ms D Gibbens S Burton Chairman
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 28th August 2025 and signed on its behalf by:
S Burton - Trustee
**STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED DECEMBER 2024**
|||
|---|---|
|Turnover||
|Donations received|50.00|
|Total Turnover|50.00|
|Cost of Sales||
|Accomodation costs|159.00|
|Charitable activities - Crafts|259.94|
|Holiday - Activity costs|61.50|
|Livestock|110.12|
|Staf and volunteer travel costs|28.38|
|Volunteer lunches / food etc|7.70|
|Total Cost of Sales|626.64|
|Gross Proft|(576.64)|
|Administrative Costs||
|Business Insurance|690.00|
|Computer & Software|446.40|
|Employee Wages and Salaries|6,100.00|
|General Expenses|1,980.00|
|Total Administrative Costs|9,216.40|
|Operating Proft|(9,793.04)|
|Other Income||
|Other income|6,654.02|
|Total Other Income|6,654.02|
|Proft on Ordinary Activities Before Taxation|(3,139.02)|
|Proft after Taxation|(3,139.02)|
## **BALANCE SHEET**
|Fixed Assets
Tangible Assets|Fixed Assets
Tangible Assets|
|---|---|
||Fixtures and fttings - Cost
8,582.33|
||Offce equipment and IT - Cost
1,456.31|
||Plant and Machinery - Cost
8,558.67|
||Total Tangible Assets
18,597.31|
|Total Fixed Assets
18,597.31
Creditors: amounts falling due within one year||
|Accounts Payable
117.81||
|Bank Account
2,646.58||
|Cash
75.61||
|Historical Adjustment
(631.30)||
|Total Creditors: amounts falling due within one year
2,208.70||
|Net Current Assets (Liabilities)
(2,208.70)||
|Total Assets less Current Liabilities
16,388.61||
|Net Assets
Capital and Reserves
16,388.61||
|Current Year Earnings
(3,139.02)||
|Proft and Loss Account
17,451.02||
|Reserves - CFIW RF
1,333.72||
|Reserves - Holidays
242.89||
|Reserves - The Big lottery RF
500.00||
|Total Capital and Reserves
16,388.61||
## **NOTES TO FINANCIAL STATEMENT FOR YEAR ENDIGN DECEMBER 2024**
## **ACCOUNTING POLICIES**
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The accounts are for the individual entity only.
These financial statements are presented in £ sterling, rounded to the nearest £1.
Dal Dy Dir is an unincorporated charity and its principle address and registered charity number can be found within the Report of the Trustees.
## **Going Concern**
The financial statements have been prepared on a going concern basis as the trustees are of the opinion that the charity will be able to pay its liabilities as and when they fall due.
The trustees have reached this conclusion after assessing the charity's future cash and funding requirements along with budgets and medium term plans.
## **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.
Plant and machinery - 20% on cost Fixtures and fittings - 15% on cost Motor vehicles - 25% on cost Computer equipment - 33% on cost
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from 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.
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Financial instruments**
Basic financial assets, including trade and other debtors and cash and bank balances, are initially recognised at transaction price, 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.
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
## **TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2024.
## **RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2022.
## **ULTIMATE CONTROLLING PARTY**
There is no one controlling party.