Docusign Envelope ID: 93C44CFF-FB8D-4818-8538-913BBD2F1633
REGISTERED CHARITY NUMBER: 1179157
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR DRIVEN FORWARD
Cogs Accountancy Services Limited 54 Vale Road Windsor Berkshire SL4 5LA
Docusign Envelope ID: 93C44CFF-FB8D-4818-8538-913BBD2F1633
DRIVEN FORWARD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| Detailed Statement of Financial Activities | 9 |
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Page 1
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 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 2015).
Driven Forward is a charitable incorporated organisation (CIO) registered 11th July 2018. The objectives of the CIO are to promote social inclusion for the public benefit by working with people across Berkshire and The Royal Borough of Windsor and Maidenhead, to prevent people becoming socially excluded and to relieve the needs of the socially excluded and assist in reintegrating these persons into society and the community.
ACHIEVEMENT AND PERFORMANCE
The financial performance of the charity is shown on pages 4 to 9.
OUR OBJECTIVES AND ACTIVITIES
Driven Forward's objectives are set to reflect our aims in the context of the our broader goals
Key objectives for the year include-
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1 Obtain larger premises that would allow longer opening hours, additional space for storage and enable improvements to cope with the increased demand.
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2 Set-up recycling scheme to run in the community fridge. Enabling harder to recycle items to be recycled in cooperation with Terraccycle.
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3 Run a customer survey to obtain feedback on future projects they would like to see delivered from the community well being hub.
FUNDING AND SUPPORT
Driven Forward is dependent upon charitable giving from individuals and organisations. Individuals have been generous in their support, both in money and in kind, as have a number of charitable trusts and foundations with their funding donations, most recently Neighbourly and Abri.
Driven Forward has enjoyed a range of good working partnerships. For example, our close working relationship with Morrisons in Bracknell, Kerith Church Bracknell who both assist with donations of food for the community Fridge.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, CIO - FOUNDATION Registered 11 Jul 2018
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1179157
Principal address
1 Winch Terrace, Tinkers Lane Windsor Berkshire SL4 4NA
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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Clare Suares Trustee Franziska Maunder Chair Frankie Theobalds Trustee Tiia Stephens Trustee Douglas John Mckeown Trustee
The Trustees are initially appointed are remain Trustees until resignation.
The work of the Trustees has been to establish the charity, to develop and to steer the charity and to ensure that the charity is well managed, funded and supported. Day to day operations of projects is managed by Tiia Stephens, with active volunteers who attend and support on all of the trips and activities.
Independent examiner
Cogs Accountancy Services Limited 54 Vale Road Windsor Berkshire SL4 5LA
04 December 2024 | 16:53 GMT
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. Mrs T Stephens - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DRIVEN FORWARD
Independent examiner's report to the trustees of Driven Forward
I report to the charity trustees on my examination of the accounts of Driven Forward for the year ended 31 March 2024
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
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:
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Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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The accounts do not accord with those records; or
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The accounts do not comply with the applicable 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
John Jasinski
Cogs Accountancy Services Limited 54 Vale Road Windsor Berkshire SL4 5LA
04 December 2024 | 16:23 GMT Date: .............................................
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| DRIVEN FORWARD | Page 4 |
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 |
|
| Notes | 2024 2023 Unrestricted Total fund (£) funds (£) |
| INCOME AND ENDOWMENTS FROM Total EXPENDITURE ON Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward Total funds brought forward TOTAL FUNDS CARRIED FORWARD Donations Other income Costs of generating voluntary income and other |
|
| £ 21,268 £ 13,449 |
|
| £ 21,268 £ 13,449 |
|
| £ 16,048 £ 14,919 |
|
| £ 16,048 £ 14,919 |
|
| £ 5,220 £ (1,470) |
|
| 32,582 34,052 |
|
| 37,802 32,582 |
|
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BALANCE SHEET AT 31 MARCH 2024
| BALANCE SHEET AT 31 MARCH 2024 |
||
|---|---|---|
| Notes | 2024 2023 Unrestricted Total fund (£) funds (£) |
|
| FIXED ASSETS CURRENT ASSETS CREDITORS NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Tangible assets Cash at bank and in hand Accounts Receivable Prepayments Cash Donations CF Cash Donations Other Debtors Amounts falling due within one year |
6 8 |
|
| 3,161 4,545 |
||
| 34,298 27,761 (50) (50) 66 261 458 - (197) 600 600 |
||
| 35,175 28,572 |
||
| 535 535 |
||
| 37,802 32,582 |
||
| 37,802 32,582 |
||
| 37,802 32,582 |
||
| FUNDS TOTAL FUNDS Unrestricted funds |
||
| 37,802 32,582 |
||
| 37,802 32,582 |
04 December 2024 | 16:53 GMT
The financial statements were approved by the Board of Trustees on …............................ signed on its behalf by:
............................................. Mrs T Stephens - Trustee
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Page 6
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. 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 2015)', 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.
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 & Machinery
- 25% on reducing balance
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024
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|---|---|---|
| NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 |
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| 3. TANGIBLE FIXED ASSETS COST At Purchase |
Plant and Machinery Totals £ £ 10,989 10,989 |
|
| DEPRECIATION 1,079 1,079 7,828 7,828 NET BOOK VALUE 3,161 3,161 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ 0 535 Charge for year At 31 March 2024 At 31 March 2024 Accounts Payable PAYE Payable |
||
| 1,079 1,079 |
||
| 7,828 7,828 |
||
| 3,161 3,161 |
||
| 2024 | ||
| £ 0 |
||
| 535 | ||
| 535 | ||
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NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2024
| FOR THE YEAR ENDED 31 MARCH 2024 | |
|---|---|
| 5. MOVEMENT IN FUNDS Unrestricted funds TOTAL FUNDS General fund |
At 31/03/23 Net movement in funds At 31/03/24 £ £ £ 32,582 5,220 37,802 |
| 32,582 5,220 37,802 |
|
| Unrestricted funds TOTAL FUNDS Net movement in funds, included in the General fund |
|
| Movement in funds £ £ £ Incoming resources Resources expended above are as follows: 21,268 16,048 5,220 |
|
| 21,268 16,048 5,220 |
|
Docusign Envelope ID: 93C44CFF-FB8D-4818-8538-913BBD2F1633
DRIVEN FORWARD DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| DRIVEN FORWARD Page 9 |
|
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 |
|
| INCOME AND ENDOWMENTS Voluntary income Donations In - Not Reserved Donations In Reserved |
2024 2023 £ £ 14,968 12,849 6,300 600 |
| 21,268 13,449 |
|
| Total incoming resources EXPENDITURE Raising donations and legacies Support costs Management Finance Direct Expenses Advertising & Marketing Telephone & Internet Consulting Motor Vehicle Expenses IT Software and Consumables Light, Power, Heating Staff Entertainment Cleaning Insurance Other Consumables Pension Costs Profit/Loss on disposal of Asset Rent Repairs and Maintenance |
|
| 21,268 13,449 |
|
| 989 97 93 202 152 101 |
|
| 1,234 400 1,700 - 381 2,320 - 120 - 200 740 - 194 - 726 - - 249 - - (4,690) - 7,100 7,820 5,369 128 |
|
| 11,518 10,837 |
|
| Governance costs Total resources expended Bank charges Interest Paid Depreciation Audit & Accountancy Fees |
- - - 38 1,079 1,515 |
| 1,079 1,553 |
|
| 2,217 2,128 |
|
| 16,048 14,918 |
|
| Net (expenditure)/income | 5,220 (1,469) |