Charity No. 1178322 Dlg In CIO Report and Financial Statements For the year ended 31 March 2024 DIG IN CIO Reports and Ilnanclal statements For the year ended 31 March 2024 Contents Page: Trustees, report IndeFendent Auditors, Report Stslement of financial activth'es Balance sheet 7-12 Notes lo the financial statements DIG IN CIO Report of the trustees for the year ended 31 March 2024 (conbnued) learning rural craft skilLs and lo assist in the treatment and care of such persons who are in need of rehabilitation as a resutt of such COnd￿.0ns. 2, To pronxjte social inclusion among veterans of the am)ed forces. emergency SeN1￿ and prisoners and ex-offender5 for the public benefit by preventing them from becoming s¢xially excluded, relieving the needs of those who are socially excluded and assisting them to integrate into scKiety through the provision of facilibes in wh￿h they can meet jointly or individually to undert2ke creative. physical or recreational actwities, learn or pass on skills and knowledge and support ea¢h other ￿c￿o1ty. The above objectives are achieved by the Charity by providing therapeutic activities and distraction therapy through courses. workshops and shared activilps. The Charity also undertakes outreach projects with local schools. organisations and communty groups. The tfustees have complied with their duty to have due regard lo the guidance on public benefit published by the commission in exercising Iheir powers and duties. Achlevements ond pfrrformon¢o The charity held various workshops. coutses and sessions throughout the year that provided new skills, therapeutic activity and so¢ial inclusion lo our beneficiaries. We conbnue to provide much needed peer support to our beneficiar￿$ through providing a safe. inclusive environment that Supports them Ihrough or after clinical mental therapies. We undertook various partnership projects wlh Ic￿1 s¢hcols, community groups and distn'ct and parish councils lo improve outside Sp￿$. This not only benefits the wider communty as a whole but gives our beneficiaries the opportunity to get involved with projects outside of our site. Publlc b¢nellts The public benefits that the chanty provides include. Promote and protect mental health and wellbeing Contributing to the mentsl and spirrtual health of everyt0* wth whom they are in conlacl Promote social inclusion Flnanclal report for tho year During 2024 total income amounted to £87.921 {2023. £78,446). Of the income, a total of £76.329 12023-. £64,738) related lo donations and legacies. Income from ¢harrtable aclivitses lotalled £11.592 {2023'. £13,708) £3,7SO12023. £2.0001 of this in¢orne related to outreach work. Expendrture lotalled £105,055 12023.. £115,082). The totsl wages Costs amounted to £84,566 {2023'. £92,515). Expenditure on govemance costs, support costs and other costs amounted in total to £3,256 12023. £2,497). The above movements result in a net decrease in funds for the year of £17 134 12023 decrease.. £36,636). At the reporting date the charty has total funds of £4.855 which were all unrestricted The vast majority of these funds were held in the charity bank account at the year end. These reserves have been carried forward to the next accounth.ng perk)d and are being used to conb'nue to fvnd the charrtable activrties of the charity. R18k Management The Trustees have examined the major stralegtc, business and operational nsks which the Charity faces and confirm that systems have been established to enable regular reports lo be Produced so that the necessary steps can be Lgken lo lessen the risks. DIG IN CIO Report th the trustees for the year ended 31 March 2024 Introductlon The Trustees present their annual report and the financial ststements of the charty for the year ended 31 March 2024. The trustees have adopted the provisions of the Ststement of Recommended Practice (SORPI "Accoltnting and Reporting by Charibes" {FRS 102) in prepan.ng the annual report and financral statements of the charity. The financial statements have been prepared in accordance wth the accounting poli¢ies set out in notes lo the accounts and ¢ornply with the charty's goveming document, the Charities Act 2011 and Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Repo￿.n9 Standard appl￿ble in the UK and Republic of Ireland IFRS1021 published on 16 July 2014 {as amended by Update Bulletin 1 published on 2 February 2016 and Update Bulletin 2 published on 5 October 2018). Bankor8 The Co-operatrve Bank PLC Busines$ Direct PO Box 250 86 Indfrp•ndont oxamlner Mr Russell Spencer FCCA Champion TLL Limrted 7-9 Slatson Road Hesketh Bank Preston PR4 6SN Prfn¢lpal addrn88 Ashton Park Wdlled Garden Pedders Lane Preston Lancashire PR2 1HR structure, gov•Tnafftce and management The organisalion is a Charitable Incorporation Organisab'on and the goveming do¢um8nl 15 It's Conslilulion whlch was registe￿ wrth the Charty Commtssh)n on 10 May 2018. Trustees are selected by way of an interviffw prctess conducted by the existing trustees and then a vote held by the INstees with a simple majorty required for apwintment. Each Iruslee is appointed for 8 term of three years Once appointed trustees are provided with a copy of the constitution as well as the most rècent trustee$, annual report and accounts. The Trustees who served during the current period are.. Trustee Truste8 Trustee Mr P Newell Mr D Borrow Ms G Bennett Our purpose and actlvltie8 The purpjses of the charity are", I, To promote and protect the mental health and wellbeing of military veterans, emergency services personnel and prisoners and ex-offenders from trauma related condib'ons by providing OPFX)rtunilies for DIG IN CIO Report of the trustee5 for the year ended 31 March 2024 (conb"nu8d) Trusteos, responslbllltles statement The trustees are required undef the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the Charity's financial activities during the year and of its financial position at the year end. The trustees should follow best practice and.. select suitsble accounting policies and then appty them consistently., make judgements and esb'males that are reasonable and prudent., slate whether applrcable a¢¢ounling standards and statements of recommended pract￿ have been followed, subject to any material departures disclosed and explaingj in the financial statements". and Pfepare the accounts on Ihe going concem basis unless rt is inappropriate to presLtme that the Charity will ¢onbnue in op6ralion. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity. They also have a responsibility for safeguarding the assets of the charty and for taking reasonab￿ steps to prevent and delecl fraud and other iffegularities. Th& tru8ts08 for lh• ¢harlty The following persons wer8 trustees of the chanty. as defined by the provisions of the Chari(ies Act 2011 and were in office at 31 March 2023 and served throughout the year. Mr P Newell Mr D Borrow Ms G Bennett Approved by the trustees and on their behall by.. Date.. 28th January 2025 Gillian Bennett Trustee DIG IN CIO Independent Examiners, Report to the trustees of Dig In CIO I reF)Ort to th8 Charity's trustees on the accounts of the charity for the year ended 31 March 2024, which are set out on pages 5 to 12. Respon$lbllltlo8 and basls of report As the charity's trustees you are responsible for the p￿paration of the arLounts in accordance with the requirements of the Charities Act 2011 {'Ihe Acri. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying Olrt my examination, I have fdlow&l all applicable Direth"ons given by the Charity Commission under section 14515llb) of the Act. Indgpendont gxamSnorf8 statement I have completed my examination. l Confirm that no material matters have come lo my attention in connection with the examination whi¢h gives me Cause lo beI￿ve that in. any material respect.. The accounting records We￿ not kept in accordan￿ with SeCt￿n 130 of the Chanbes Act. or The accounts do not accord wrth the accounting rècords", or The accounts do not comply wilh the applicable requirements concerning the form and conlenl of accounts sel out in the Chanties IA¢¢ounl$ and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter conshlered as port of an independent examination. The accounts have not been p￿pared in accordance wth the melh&Ys and principles of the statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordan￿ with the Financial Reporb"ng Standard applicable in th& UK and Republic ol Ireland IFRS 102). I have no concems and have come a¢ross no other matters in connection with the examinatron to which attention shoLtld be drawn in this reF)Ort in order to enable a proper understanding of the accounts lo be reached. Russ Spencer FCCA For and on b8half of Champion TLL Limrted 7-9 Slalion Road Hesketh 8ank Preston PR4 6SN Date.. 281h January 2025 DIG IN CIO statement of financlal actlvitles for the year ended 31 March 2024 Un- restrlctsd R•strlettd funds fund& Total funds re8tn.cted Restricted 2024 funds fvnds Un- Total frJnd3 2023 Notes Income Donations and lègac InC￿e from Charitab￿ athvities Totsl income 56.803 11.592 68.395 19,526 76.329 11.592 87.921 60.035 13.708 74.013 4.433 64.738 13.708 78.446 19.526 4.433 Expenditure Chaiitable 8ctivile8 Total oxp•nditure 8S.529 8S,529 19,S26 19,S26 105.05S 105,OSS 110.649 110.649 4,433 4,433 115.082 115,082 Net Income l•xp•ndllur•l 117,1341 117.1341 {36,6361 136.636) Fund8 reconclllatlon: BalBnces brou9hl lomard 811 April 2022 Balanc￿ ¢*rrl•d lor•Mrd #t 31 Mar¢h 2023 21,989 21.989 58.626 58,625 4,855 4,8SS 21,989 21,989 All of the charity's actNities derNed from Continuing operations during the above tsvo finan¢ial periods. All recognised gains and losses are included in the above statement of financial aclivilies. The notes on pages 7 to 12 fomi part of these flnanclal statements. DIG IN CIO Balance 8heet as at 31 March 2024 2024 2024 2023 2023 Notes Flxed assets Tangible ass8ts 3.612 2,561 Current assèts Debtors Cash 01 bonk and in h8nd 18,758 18.758 30.154 30.154 Credltorn.. amounts falling dLK* wrthin one year Net current aMets 117.5151 {10,728} 1.243 19.428 Totsl 4,8SS 21.989 Th• funds ol the ch•rfty Restricted fvnds UnreslrKled funds 4.855 4,855 21.989 21,989 Approved by the Trustees on 27th January 2025 and swned on their behalf by.. Gillian Bennett Trustee The notes on pages 7 to 12 form part of these flnanclal statements. DIG IN CIO Notss forming part of the financlal statements for the year ended 31 March 2024 Ac¢ountlng policies Basis of Accounts"ng These a¢￿Unts have been prepared for the year to 31 March 2024 wilh comparative information provided in respect of the year to 31 March 2023. The accounts have been prepared under the histr)rical cost convention with items recognised al cost or IransaclK>n value unless otheMise stated in the relevant accounting policies below or the notes to these accounts. The accounts have been prepared in a¢¢ordan¢e wrth Accounting and Re￿o￿ng by Charities.. Stslem8nl of Recommended Practice applicable lo charib.es preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS 1021 issued on 16 July 2014las amended by Update Bulsetin 1 published on 2 February 2016 and Update Bulleb'n 2 published on 5 October 20181. the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The charity constibjles a public benefil entity as defined by FRS 102. The accounts ar6 presented in sterling and are rounded to the nearest pound. Reconciliats'on with prnvious Generally Accepted Accounting Praclice In preparing the accounts, the Iruslees have ￿nSidered whether in applying the a¢¢ounting policies required by FRS 102 and the Charib'es SORP FRS 102 a restatement of ￿mparatIVe items was needed. No reststements were required. Ass8ssm8nt ofgoing concern The Iruslees have assessed whether the use of the going concern assumptson is appropriate in preparing these accounts. The trustees have mad• this assessment in respect lo a period of one year from the dale of approval of these accounts. The Iruslees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast signfficant doubt on the ability of the charity to continue as a going concern. The trustees are of the opinion that the ¢hanty will have sufficient resources to meet its liabilities as they fall due. Income Recognition Income is recognised in the period in wh￿h the ¢hanty has enbuemenl lo the income, the amunl of income can be measured reliably and rt is probab￿ that the income will be received. Income comprises donations, legacEs, grants and chaTrtable activrties. Donations, legacies and other voluntary in¢ome are credited lo the Statement of Financ￿1 Activitffts at the earlier of the date on which an estate is finalised or when a distn"butson is received. e￿ funds are receNed foi a specffic purpose as defined by the donee, these are credited lo a Restricted Fund, and are matched against expenditure incurred with the purpose as specified. DIG IN CIO Notes fom)Ing part of the financial statements for the ygar endgd 31 March 2024 (ContAnu&d) Accounting pollcies (Continued) Expenditur8 R8cognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commitbng the charity to make a payment to a third paty. it is probable that a transfer of economic benefits will be required in settlemenl and the anTh)unt of the Obligat￿)n can be measured reliabty. All expenditu￿ is accounled for on an accruals basis. AlOCatv￿ of expenditure has been made on a basis consistent with the nature of the expenditure giving conSiderat￿n to the applic8bon. dire¢lly or otherwise, to external charitable causes. Tangible FixedAssets Dep￿latIOn is provKled on all tangible fixed assets at rates calculated to write off the cosl or valuation less estimated ￿Idual value, of each asset over its expected useful life. as follows'.- Plant and machinery Fixtures and fitb.ngs 200A reducing balance 33.3Q/o reducing balance Debtors Debtors are recognised at their setuernenl amounc fess any provision for non-recoverability. Prepayments are valued al the affKJunt prepaid. Crediton8 and provi&ons Creditors and provisions are re¢ognised when there is an obligation at the balance sheet dale as a resutt of a past event, rt is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement Can be &slimaleJ of the revision and future periods where the revision affects both current and futijre pgriods. In¢omo an•ly818 Un- w••trlcted Re•trict•d fund8 fund• Totsl funds rastrict8d Re$trkte(I 2024 fund$ fund8 Total funds 2023 Incom• 00rn81ion8 Granl income Donatlong and l•gacl 5.002 S1.801 S6,803 5,002 71.327 78,329 9,803 50.502 60.305 9803 54,935 64.738 19.526 19,526 4,433 4,433 W¢xJd 8ale8 Plant sales Out￿#th work other sales Ch8ritobl¢ •¢ttvltle4 Y.701 141 3.7S0 7,701 141 3,750 11,4CQ 11,4(XJ 11.592 11,592 13.708 13,708 DIG IN CIO Notes forniing part of the linancial statements for the year ended 31 March 2024 (Continued) Expendlluro analysis Un- re8tricted Restricted funds funds Total funds restricl8d Re$tncteil 2024 funds funds Total funds 2023 Expenditure Materials Wages Staff p8rtsfions Insurance softwa￿ and IT Printing, poslage and stationery Marketing Repairs and renewals Travel and motor ¢08ts Telephone Piof&88ion81 fees Sundry Depre¢ialK)n Accountan Ch•rlt•bl• acllvltl•• 11.253 63,709 1,331 18S2 63 11.2S3 83.235 1,331 1.852 63 5,872 4,313 10.185 90,964 1,551 2,935 129 19.526 1.551 2.935 129 129 129 137 289 3,719 1.513 137 289 3.719 1,513 1.005 72 85 1,009 1.488 115.082 S20 265 520 265 601 792 757 1,588 1,669 10S.055 120 792 757 1,688 1.669 8S.529 B5 1,46B 110,649 19,526 4,433 2024 2023 Stsff costs during th& year 8$ k*11th￿.. W8ge8 and $818ri¢8 Per*sion costs 83,235 1,331 84,568 ,964 1,551 92.515 The average number of employees during the year wa8 as follows.. 2024 2023 Avera number ofemployees io DIG IN CIO Notes forn)ing part of the flnanclal statements for the year ended 31 March 2024 (Continued) Tanglble flxod assgts Plant and machinery Fixtu￿$ and fitb'ngs Totsl Cost or valuation Al 1 April 2023 AdditK>ns Di8posals Al 31 Marth 2024 2,638 3,180 2.839 5,818 2.639 2.838 5.819 8.457 Depreclatlon At l Apnl 2023 Charge for year Elimlnated on di8PO8a18 At 31 Maf¢h 2024 1,558 216 1.699 1,372 3.257 1.588 1,774 3,071 4.845 Net book value8 At 31 Mar¢h 2024 Al 31 M8r¢h 2023 2.748 1,480 3,612 2,561 1,081 Capltal ¢ommltm•nts As al 31 March 2024 the chanty had no caprtal commtbnents12022 - £nill. Debtorn 2024 2023 Debtors Credltors: Amounts falllng due wlthln one year 2024 2023 Trade credrtors Ac¢w818 and deferred inc¢me Taxation and sockal security Other ¢redrtOFS 12,453 S,062 6.792 3.934 17,615 10,726 DIG IN CIO Notes forming part of the flnanclal statements for th• yèar and8d 31 March 2024 (Continuedj R￿trIcted funds The ificon￿ fvJrKls of the charty include festricted funds comprising the following unexpended balances of donations and grants held on trust to be applied for specific purposes". At31 March 2024 April 2023 Income Exp•ndlturn Trnn8fer8 Veteran¥ Foundation 19,526 19.526 119.526) 119,5261 Related party tran8actlon• There were no related paty tran$a¢b'on$ during the year. No trustee had any material interest in any contract undertaken by the chanty. No trustee received any remuneratson or expenses in relation lo their servi¢e$ to the charity. 12