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2024-03-31-accounts

Charity registration number: 1174832

Dads Unlimited

Annual Report and Financial Statements for the Year Ended 31 March 2024

Dads Unlimited

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 9
Independent Examiner's Report 10
Statement of Financial Activities 11 to 12
Balance Sheet 13
Notes to the Financial Statements 14 to 21

Dads Unlimited

Reference and Administrative Details

Chairman Mr S Philips Trustees Mr B Leb Mr J McComas Mr S Philips Mr P Nelson Mr J Hanaway Mrs S Khan Mr P Burrows Charity Registration Number 1174832 Principal Office Metford Units 5 - 7 Evegate Business Park Station Road Ashford Kent TN25 6SX Independent Examiner Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge Folkestone Kent CT18 7TQ

Page 1

Dads Unlimited

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2024.

Objectives and activities

Objects and aims

Vision and Mission

Dads Unlimited is a registered charity providing vital support services to men and their families. We empower men to foster healthy emotional well-being, create positive connections, and build fulfilling lives. We provide:

●guidance and assistance to men going through family separation.

●1-1 and group support to male victims of domestic abuse, advocating for their safety and the safety of their families.

●help in navigating the court system to connect dads and their children.

●mental health and wellbeing services, with counselling and signposting to specialist support agencies.

Our mission is to support men experiencing domestic abuse, mental health challenges, and family separation. We listen to, understand and empower men, so they can gain the tools they need to understand their options, work through difficulties, and create their desired futures. We provide practical and emotional support to improve wellbeing and connection with others.

Our vision is for men and those they care about to experience healthy, happy relationships. We seek a future where men can talk about their mental health, feel listened to, empowered, connected and understood.

Objects The official objects of Dads Unlimited are:

  1. To advance the education of the public in the subject of relationship breakdown whereby children are involved, in particular by focusing on fathers;

  2. For the public benefit provide the relief of the physical and mental health of fathers in need, in particular by the provision of counselling, support and services for the ongoing safety of men who are abused and those who are affected by abuse.

  3. To provide, for the benefit of the public, assistance through conciliation for couples with children whose relationships appear to be breaking down, and where such relationships have already broken down, to advise and help in the settlement of differences or potential differences over associated matters such as custody and access to children, and financial matters.

Page 2

Dads Unlimited

Trustees' Report (continued)

Our work

The issues we are regularly presented with are anxiety, depression, PTSD, domestic abuse, loss of contact with children, loneliness, isolation, self-harm and suicidal ideation. We provide wrap-around support on all of these issues through our trauma-informed services of 1:1 Mentoring, Mental Health counselling, Male Victims IDVA service, Support Group Meetings, Family Court Support / Barrister Representation Service, Co-Parenting Workshops, and Community Activities for dads to enjoy with or without their children.

Dads Unlimited work hard to ensure the voice of the child is at the heart of the family breakdown process, whilst simultaneously working to reduce male-suicide, help male victims of domestic abuse, and reduce parental conflict post-separation to improve outcomes for our beneficiaries’ children.

Desired outcomes for the men we help are:

Our underlying position is that the involvement of both parents in a child’s life will further their welfare unless there is evidence to the contrary.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Use of volunteers

The Chair would like to record thanks to all Trustees for their contribution, and to our Patrons, The Lord Lieutenant of Kent, The Lady Colgrain CStJ and Nadra Ahmed CBE DL, for their kind encouragement and support.

Dads Unlimited do not currently have any other volunteer roles, however an expansion on our volunteering opportunities is planned for 2025.

Achievements and performance

Operational delivery

“You always remember the important details, like my children’s names and what I said I would do in between calls. This makes me feel valued, and heard. I feel believed, validated and supported. You must have so many clients, but I feel like I am the only one. This year would have been far tougher without your ongoing support”.

Dads Unlimited's impact extends far beyond the men we support. It echoes out to children, families, and the wider communities we all live in. Last year we supported 1957 men through family separation, domestic abuse, and contact with their children. This was an increase of 43% on the previous year. We did this through the following programmes:

Page 3

Dads Unlimited

Trustees' Report (continued)

Family services

Our family services department offers one-to-one mentoring and group support to men navigating family separation, co-parenting and court processes. The men we support can access our helpline, and receive ongoing support on a regular basis from a trained member of staff who can help with the practical and emotional aspects of family breakdown. In addition to one-to-one support, our group programmes inform men how to better co-parent, and how to navigate the court system.

Last year we supported 1137 men through family separation, a 42% increase on the previous year. From those we saw the following outcomes:

●Reduced Suicidal Ideation: 100% clients who initially reported suicidal thoughts experienced a decrease in the intensity or frequency of these thoughts, or the thoughts completely subsided.

DAVE (Domestic Abuse Victim Empowerment)

Our DAVE team offers one-to-one and group support for men experiencing domestic abuse, with trained professionals offering tailored support and safety planning tailored to each person’s unique set of circumstances. Complimenting this, our group work programme provides support in moving on from abuse, and is offered to clients as they come to the end of their support with us.

734 men were supported around domestic abuse last year, a 108% increase on the previous year. From those, we saw the following outcomes:

●Reduced Suicidal Ideation: 90% clients who initially reported suicidal thoughts experienced a decrease in the intensity or frequency of these thoughts, or the thoughts completely subsided.

We worked closely with other agencies, including attendance at Multi Agency Risk Assessment Conferences, and referring to other local and specialist agencies where more support was required.

Page 4

Dads Unlimited

Trustees' Report (continued)

Mental Health and Counselling

Our mental health and counselling department manage all mental health referrals, suicide risk assessments, and provides one-to-one counselling support. This department also processes all referrals to local safeguarding boards, and ensures ongoing safeguarding training and development. 86 men accessed our counselling service last year. From those:

●Reduced Suicidal Ideation: 100% clients who initially reported suicidal thoughts experienced a decrease in the intensity or frequency of these thoughts, or the thoughts completely subsided.

As part of our work highlighting the link between family issues and men’s mental health, we were invited to be key note speakers at the National Suicide Prevention Conference, where we talked about this link, and how it can be a contributing factor to suicidal ideation.

Learning and improvement

We are committed to the ongoing evaluation and improvement of our programmes. We utilise feedback from our clients to improve our approach to providing support, to update our workshop content, and to improve the clients experience of our charity. We listen to the wider sector on issues relating to men’s mental health, and feed into this through research and information sharing.

Over the past year we have contributed to the following research projects:

This year we’ve invested in staff training, through the provision of IDVA training for our domestic abuse team, and training for all staff on the family court process. We are committed to staying up to date on the current legislation and issues impacting the men and families we support.

Page 5

Dads Unlimited

Trustees' Report (continued)

Financial review

Policy on reserves

A surplus position has been recorded for this financial year of £290,831 . The charity aims to hold a minimum of £60,000 of unrestricted reserves to cover approximately 2 months running costs, as well as additional funds to cover any close down costs. As of 31st March 2024 there was £181,652 of unrestricted reserves and £507,867 of restricted reserves. The board agreed to designate £110,000 of unrestricted reserves towards the development of the organisation, with a focus on further building the foundations of our growing organisation, to ensure future sustainability and to better meet the needs of the people we are here to support. We therefore plan to invest in staff capacity building, staff and trustee learning and development, digital technology, systems, and a review of our fundraising and marketing. As the charity enters a period of growth and high demand for its services, this investment of unrestricted funds will enable us to improve internal processes, enhance the quality of our work, and invest in the building blocks for future service provision. The board has committed to reviewing our reserves policy again in March 2025, to ensure the Board remains satisfied with the level of risk, savings and expenditure.

Plans for future periods

Aims and key objectives for future periods

Strategic plan

In its 7th year as a charity, we have committed to evaluating our achievements to date, and agreeing how best to use our skills, experience and resources to make the most difference to the men we’re here to support now, and in the future.

In 2025 the Senior Leadership Team and Board of Trustees will be developing a three-year strategic plan to guide its work, along with an updated Theory of Change to focus on the impact the charity wishes to have. We will agree, as a team, how we can best work together to achieve our vision of a future where men and those they care about can experience healthy, happy relationships; where men can talk about their mental health, feel listened to, empowered, connected and understood.

This will guide the programmes we deliver, our evaluation framework, the projects we decide to focus on, and our main objectives for the years ahead. Our clients will be involved in the development of this strategy, ensuring the views, needs and preferences of our clients are central to everything we do. To achieve this, a Men’s Panel’ is being formed in 2025 to provide ‘lived experience’ feedback, input and ideas throughout this process. We will also consult with other key stakeholders for a rounded view, ensuring we are connecting with local and national agencies working together in this space.

Page 6

Dads Unlimited

Trustees' Report (continued)

Activities planned to achieve aims

Supporting factors

To support our work during this period, we will be investing time in:

●Income generation: We do not have enough staff to meet the demand for our services. We want to have sufficient income to maintain the programmes we have, and expand on these to meet the rising demand. Our income generation strategy focuses on growing and diversifying our income, with an emphasis on sustaining our work.

●Governance: Good governance is key to the effective management of any charity. With a new board of trustees in place, we are investing in board training and implementing effective board processes in line with the Governance Code. We are investing in a board Skills Audit and Governance Health Check to kick start this work.

●People and culture: We want Dads Unlimited to be a great place to work, with people that believe in our mission and vision leading our new strategy. We will continue to invest and develop our staff team through targeted learning & development, and aim to proactively create a positive work environment.

●Marketing and communications: We will review how Dads Unlimited comes across to the world outside, with a rebrand planned for 2025 and a campaign to raise awareness of our work. We will improve our communication with clients, supporters and those interested in learning more about our work. A marketing strategy has been developed, to ensure we are communicating our vision and our impact with the world outside.

●Systems and processes: we will update and improve our ways of working, and invest in the systems needed to ensure we are efficient in all areas of our work. This includes our databases, IT systems, and internal policies and procedures.

Structure, governance and management

Nature of governing document

The charity is a Charitable Incorporated Organisation and the governing document of the charity is the constitution as adopted on 25th September 2017.

Recruitment and appointment of trustees

All trustees undergo a formal recruitment and selection process followed by an induction period that includes any training considered necessary to effectively perform their role.

Page 7

Dads Unlimited

Trustees' Report (continued)

Organisational structure

All trustees undergo a formal recruitment and selection process followed by an induction period that includes any training considered necessary to effectively perform their role.

Strategic and other decisions are made at Board meetings held between four to eight times per year. The day-to-day running of the Trust is the responsibility of a Chief Executive who is answerable to the Trustees. The Chief Executive has regular contact with the Chair, the Vice Chair, the Treasurer and other Trustees with specific expertise throughout the year to discuss broader strategy as well as various aspects of the day to day running of the charity. The Chief Executive is supported by a Senior Leadership Team composed of the Head of Domestic Abuse, Head of Mental Health, Head of Mentoring, and Head of Court Support.

The following Board subcommittees are in place:

The name of the Director / CEO and other senior staff member(s) to whom day to day management of the charity is delegated by the charity trustees:

The Board would like to thank the full staff team for their skilled work during this period.

Page 8

Dads Unlimited

Trustees' Report (continued)

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities 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 of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Mr S Philips Chairman and Trustee

Page 9

Dads Unlimited

Independent Examiner's Report to the trustees of Dads Unlimited

I report to the trustees on my examination of the accounts of Dads Unlimited for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of Dads Unlimited 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 Dads Unlimited's accounts carried out under section 145 of the 2011 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

Since Dads Unlimited's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. 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:

  1. accounting records were not kept in respect of Dads Unlimited as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

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.

...................................... Mr Daniel Payne FCCA Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge Folkestone Kent CT18 7TQ

Date:.............................

Page 10

Dads Unlimited

Statement of Financial Activities for the Year Ended 31 March 2024

Note
Income and Endowments from:
Donations and legacies
2
Investment income
3
Other income
Total income
Expenditure on:
Charitable activities
4
Other expenditure
5
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Unrestricted
funds
£
75,598
3,381
1,287
80,266
(12,330)
(139)
(12,469)
67,797
67,797
113,855
181,652
Restricted
funds
£
775,364
-
-
775,364
(552,330)
-
(552,330)
223,034
223,034
284,833
507,867
Total
2024
£
850,962
3,381
1,287
855,630
(564,660)
(139)
(564,799)
290,831
290,831
398,688
689,519

The notes on pages 14 to 21 form an integral part of these financial statements. Page 11

Dads Unlimited

Statement of Financial Activities for the Year Ended 31 March 2024 (continued)

Note
Income and Endowments from:
Donations and legacies
2
Investment income
3
Other income
Total income
Expenditure on:
Charitable activities
4
Other expenditure
5
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Unrestricted
funds
£
103,516
483
437
104,436
(17,177)
(1,570)
(18,747)
85,689
85,689
28,167
113,856
Restricted
funds
£
538,034
-
-
538,034
(481,544)
-
(481,544)
56,490
56,490
228,343
284,833
Total
2023
£
641,550
483
437
642,470
(498,721)
(1,570)
(500,291)
142,179
142,179
256,510
398,689

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 14.

The notes on pages 14 to 21 form an integral part of these financial statements. Page 12

Dads Unlimited

(Registration number: 1174832) Balance Sheet as at 31 March 2024

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: Amounts falling due within one year
13
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
14
2024
£
18,821
22,868
651,948
674,816
(4,118)
670,698
689,519
507,867
181,652
689,519
2023
£
24,201
12,924
363,970
376,894
(2,406)
374,488
398,689
284,833
113,856
398,689

The financial statements on pages 11 to 21 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

......................................... Mr S Philips Chairman and Trustee

The notes on pages 14 to 21 form an integral part of these financial statements. Page 13

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Dads Unlimited meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Page 14

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £100.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Fixtures and fittings 10 years straight line Office equipment 5 years straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 15

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Trade creditors

are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 Income from donations and legacies

Donations and legacies;
Gift aid reclaimed
Donations received
Grants, including capital grants;
Grants, including capital grants
Unrestricted
funds
General
£
1,905
48,693
25,000
75,598
Restricted
funds
£
-
-
775,364
775,364
Total
2024
£
1,905
48,693
800,364
850,962
Total
2023
£
2,330
73,636
565,584
641,550

Page 16

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

3 Investment income

Interest receivable and similar income;
Interest receivable on bank deposits
4
Expenditure on charitable activities
Unrestricted
funds
Note
General
£
Depreciation,
amortisation and other
similar costs
3,529
Staff costs
3,144
Governance costs
6
-
Other expenditure on
main charitable activity
5,657
12,330
Unrestricted
funds
General
£
3,381
Restricted
funds
£
2,816
481,483
1,440
66,591
552,330
Total
2024
£
3,381
Total
2024
£
6,345
484,627
1,440
72,248
564,660
Total
2023
£
483
Total
2023
£
5,014
418,979
1,440
73,288
498,721

5 Other expenditure

Note
Legal and professional fees
Other resources expended
Unrestricted
funds
General
£
-
139
139
Total
2024
£
-
139
139
Total
2023
£
1,441
129
1,570

Page 17

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

6 Analysis of governance and support costs

Governance costs
Restricted
funds
£
Independent examiner fees
Examination of the financial statements
1,440
1,440
7
Net incoming/outgoing resources
Net incoming resources for the year include:
Depreciation of fixed assets
8
Staff costs
The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
Other staff costs
No employee received emoluments of more than £60,000 during the year
9
Independent examiner's remuneration
Examination of the financial statements
Total
2024
£
1,440
1,440
2024
£
6,345
2024
£
434,647
35,430
7,180
7,370
484,627
2024
£
1,440
Total
2023
£
1,440
1,440
2023
£
5,014
2023
£
377,175
29,252
6,283
6,269
418,979
2023
£
1,440

Page 18

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

11 Tangible fixed assets

11 Tangible fixed assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
12 Debtors
Prepayments
13 Creditors: amounts falling due within one year
Trade creditors
Pension contributions unpaid
Accruals
Furniture and
fixtures
£
4,523
458
4,981
396
490
886
4,095
4,127
Computer
equipment
£
29,902
507
Total
£
34,425
965
35,390
10,224
6,345
16,569
18,821
24,201
2023
£
12,924
4,981 30,409
396
490
9,828
5,855
886 15,683
4,095 14,726
4,127 20,074
2024
£
22,868
2024
£
30
1,389
2,699
4,118
2023
£
-
966
1,440
2,406

Page 19

Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

14 Funds

14 Funds
Unrestricted funds
General
Designated
Total unrestricted funds
Restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds
Balance at 1
April 2023
£
Incoming
resources
£
Resources
expended
£
Transfers
£
Balance at
31 March
2024
£
113,855
80,266
(12,469)
(110,000)
71,652
-
-
-
110,000
110,000
113,855
80,266
(12,469)
-
181,652
284,833
775,364
(552,330)
-
507,867
398,688
855,630
(564,799)
-
689,519
Balance at 1
April 2022
£
Incoming
resources
£
Resources
expended
£
Balance at 31
March 2023
£
28,167
104,436
(18,747)
113,856
228,343
538,034
(481,544)
284,833
256,510
642,470
(500,291)
398,689
Balance at
31 March
2024
£
71,652
110,000
181,652
507,867
689,519
398,689

15 Analysis of net assets between funds

15 Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Unrestricted funds
General
£
Designated
£
10,966
-
60,706
110,000
(19)
-
71,653
110,000
Restricted
funds
£
7,855
504,110
(4,099)
507,866
Total funds at
31 March
2024
£
18,821
674,816
(4,118)
689,519

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Dads Unlimited

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Unrestricted
funds
General
£
14,036
101,434
(1,614)
113,856
Restricted
funds
£
10,165
275,460
(792)
284,833
Total funds at
31 March
2023
£
24,201
376,894
(2,406)
398,689

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