Digitally Signed Document Document ID: 12B72919FC3277
Document Details:
| Filename: | Disability in Action - Charity Accounts - Year ended 31 03 23.PDF |
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|---|---|---|---|---|
| Client of: | Lewis Smith & Co. | |||
Signature Details
| Name: | Christopher Slinn | |||
| Email: | disabilityinaction.ulo@hotmail.co.uk | |||
| Date & Time: | 15/01/2024 13:39:49 PM (GMT) | |||
| IP Address: | 193.105.48.20 | |||
| The director(s) approve(s) the financial | ||||
| Signing Statement: | statements and gives Lewis Smith & Co authority to file with HMRC as necessary to |
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| accompanythe CT600 tax filing. |
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| On behalf of: | Lewis Smith & Co. | |||
| PDF digital certificate: | IRIS Software Group Limited | |||
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Please keep a copy of this document for your records.
REGISTERED COMPANY NUMBER: 1175330 (England and Wales) REGISTERED CHARITY NUMBER: 1175330
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Disability In Action Dudley
Disability In Action Dudley
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Disability In Action Dudley
Report of the Trustees for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. 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
Disability in Action are a forward thinking, progressive organisation based in Dudley West Midlands.
It is run by people with disabilities for the benefit of people who have disabilities.
We are a group of seven trustees who have been voted onto the board by a peer's in an election.
Our aim is to build our organisation with the help of fundraising. Our outlook is to be self sufficient of the local authorities.
We have a five-year business plan to try and achieve this.
FINANCIAL REVIEW
Financial position
The statement of Financial Activities for the year ended 31 March 2023 shows income for the year of £23,706 (2022 - £8,381) and expenditure for the year of £20,326 (2022 - £16,720. This gave a net surplus of income over expenditure for the year of £3,380 (2022 Loss - £8,339).
The charity's total funds at the end of the year were £30,802 (2022 - £27,422). This included unrestricted funds of £12,551 (2022 -£525) and restricted funds Innovation £18,234 (2022 -£26,880), Covid 19 Emergency Fund £17 (2022 £17), Lotto Fund Deficit £191 and Eveson Trust Fund Deficit £7.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
1175330 (England and Wales)
Registered Charity number
1175330
Registered office
Queenscross Network Wellington Road Dudley West Midlands DY1 1RB
Trustees
C Slinn S Harris Miss J R Simner Miss L C Webb J P Ward Miss C M Cashmore (resigned 31.10.23) Miss L Hemmings (resigned 26.4.22) S Ransfield (resigned 26.4.22) Miss S Davies (resigned 26.4.22) B Stanton (appointed 1.1.23)
Page 1
Disability In Action Dudley
Report of the Trustees for the Year Ended 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary
Bankers
Lloyds Bank Plc Po Box 1000 Andover Hampshire BX1 1LT
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ C Slinn - Trustee
Page 2
Disability In Action Dudley
Statement of Financial Activities for the Year Ended 31 March 2023
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME FROM | |||||
| Donations, Grants and Canteen Income | 2 | 19,995 | 3,711 | 23,706 | 8,381 |
| EXPENDITURE ON | |||||
| Raising funds | 3 | 422 | - | 422 | - |
| Other | 7,349 | 12,555 | 19,904 | 16,720 | |
| Total | 7,771 | 12,555 | 20,326 | 16,720 | |
| NET INCOME/(EXPENDITURE) | 12,224 | (8,844) | 3,380 | (8,339) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 327 | 27,095 | 27,422 | 35,761 | |
| TOTAL FUNDS CARRIED FORWARD | 12,551 | 18,251 | 30,802 | 27,422 |
The notes form part of these financial statements
Page 3
Disability In Action Dudley
Balance Sheet
31 March 2023
| 31.3.23 | 31.3.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 13,271 | 18,251 | 31,522 | 28,113 | ||
| CREDITORS | ||||||
| Amounts falling due within one year | 6 | (720) | - | (720) | (691) | |
| NET CURRENT ASSETS | 12,551 | 18,251 | 30,802 | 27,422 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 12,551 | 18,251 | 30,802 | 27,422 | ||
| NET ASSETS | 12,551 | 18,251 | 30,802 | 27,422 | ||
| FUNDS | 7 | |||||
| Unrestricted funds | 12,551 | 525 | ||||
| Restricted funds | 18,251 | 26,897 | ||||
| TOTAL FUNDS | 30,802 | 27,422 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
C Slinn - Trustee
The notes form part of these financial statements
Page 4
Disability In Action Dudley
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
Taxation
The charity is exempt from corporation 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS, GRANTS AND CANTEEN INCOME
| DONATIONS, GRANTS AND CANTEEN INCOME | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Donations | 3,613 | 234 |
| Grants | 14,000 | 7,261 |
| Admissions | 47 | 777 |
| Cafe Income | 3,933 | - |
| Dudley MBC | 2,113 | 109 |
| 23,706 | 8,381 | |
| Grants received, included in the above, are as follows: | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Other grants | 14,000 | 7,261 |
continued...
Page 5
Disability In Action Dudley
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
3. RAISING FUNDS
Raising donations and legacies
----- Start of picture text -----
31.3.23 31.3.22
£ £
Support costs 422 -
----- End of picture text -----
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME FROM Donations, Grants and Canteen Income 1,120 7,261 EXPENDITURE ON Other 2,668 14,052 NET INCOME/(EXPENDITURE) (1,548) (6,791) RECONCILIATION OF FUNDS Total funds brought forward 2,073 33,688 TOTAL FUNDS CARRIED FORWARD 525 26,897 |
Total funds £ 8,381 16,720 (8,339) 35,761 27,422 |
|---|---|
continued...
Page 6
Disability In Action Dudley
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| £ | £ | |||
| Tax | - | 61 | ||
| Accruals and deferred income | 720 | 630 | ||
| 720 | 691 | |||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.22 | in funds | 31.3.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 327 | 12,224 | 12,551 | |
| Restricted funds | ||||
| Innovation Funds | 26,880 | (8,646) | 18,234 | |
| Covid 19 Emergency Fund | 17 | - | 17 | |
| Lotto | 191 | (191) | - | |
| Eveson Trust Fund | 7 | (7) | - | |
| 27,095 | (8,844) | 18,251 | ||
| TOTAL FUNDS | 27,422 | 3,380 | 30,802 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 19,995 | (7,771) | 12,224 | |
| Restricted funds | ||||
| Innovation Funds | - | (8,646) | (8,646) | |
| Lotto | 2,711 | (2,902) | (191) | |
| Eveson Trust Fund | 1,000 | (1,007) | (7) | |
| 3,711 | (12,555) | (8,844) | ||
| TOTAL FUNDS | 23,706 | (20,326) | 3,380 |
continued...
Page 7
Disability In Action Dudley
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.21 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,073 | (1,548) | 525 |
| Restricted funds | |||
| Innovation Funds | 30,590 | (3,710) | 26,880 |
| Covid 19 Emergency Fund | 3,098 | (3,081) | 17 |
| 33,688 | (6,791) | 26,897 | |
| TOTAL FUNDS | 35,761 | (8,339) | 27,422 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,120 | (2,668) | (1,548) |
| Restricted funds | |||
| Innovation Funds | 7,261 | (10,971) | (3,710) |
| Covid 19 Emergency Fund | - | (3,081) | (3,081) |
| 7,261 | (14,052) | (6,791) | |
| TOTAL FUNDS | 8,381 | (16,720) | (8,339) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.21 | in funds | 31.3.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,073 | 10,676 | 12,749 |
| Restricted funds | |||
| Innovation Funds | 30,590 | (12,356) | 18,234 |
| Covid 19 Emergency Fund | 3,098 | (3,081) | 17 |
| Lotto | - | (191) | (191) |
| Eveson Trust Fund | - | (7) | (7) |
| 33,688 | (15,635) | 18,053 | |
| TOTAL FUNDS | 35,761 | (4,959) | 30,802 |
continued...
Page 8
Disability In Action Dudley
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 21,115 | (10,439) | 10,676 |
| Restricted funds | |||
| Innovation Funds | 7,261 | (19,617) | (12,356) |
| Covid 19 Emergency Fund | - | (3,081) | (3,081) |
| Lotto | 2,711 | (2,902) | (191) |
| Eveson Trust Fund | 1,000 | (1,007) | (7) |
| 10,972 | (26,607) | (15,635) | |
| TOTAL FUNDS | 32,087 | (37,046) | (4,959) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 9
Disability In Action Dudley
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Detailed Statement of Financial Activities for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| INCOME | ||
| Donations, Grants and Canteen Income | ||
| Donations | 3,613 | 234 |
| Grants | 14,000 | 7,261 |
| Admissions | 47 | 777 |
| Cafe Income | 3,933 | - |
| Dudley MBC | 2,113 | 109 |
| 23,706 | 8,381 | |
| Total incoming resources | 23,706 | 8,381 |
| EXPENDITURE | ||
| Other | ||
| Cafe Stock | 2,818 | 128 |
| Kitchen Equiment | 289 | 108 |
| Activities | 12,639 | 5,528 |
| Insurance | 609 | 573 |
| Laptop/ Tablets/ Equipment | 540 | 7,753 |
| Christmas/ Jubilee Decorations | 908 | 252 |
| Computer Accessories/ Software and | ||
| subscriptions | 932 | 811 |
| Accountancy | 720 | 1,096 |
| Printing and Stationary | 449 | 347 |
| Corporation Tax | - | 124 |
| 19,904 | 16,720 | |
| Support costs | ||
| Management | ||
| Bus and Taxi Fares | 422 | - |
| Total resources expended | 20,326 | 16,720 |
| Net income/(expenditure) | 3,380 | (8,339) |
This page does not form part of the statutory financial statements
Page 10