, (HAR￿¥ (011M Trustees. Annual Report for the period Period start date Dal Period end dale Day Jlonlh Y8ar Aonlh Year From To Section A Reference and administration details Charity name Danbro Foundation Other names charity is known by Registered charity number (if any) 1179303 Charlty's prlncipal address Jubilee House East Beach Lytham, Lancs Postcode FY8 5FT Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee namè Office (Ff any) Name of person lor body) entltled toa oint trustee ifan Helen Broughlon Emma Cornah Secretary & Director Director 5 Years 5 Years Leanne Edwards Director 3.5 Years Katie Gamble Director 2.5 Years Tery Glenister Susan Hughes Liam Winstanley Jenny Richmond Samuel Wright Director 3.5 Years 3.5 Years Director Director 2.5 Years Director 3 Years Director 10 12 13 14 15 16 17 18 20 Names of the trustees for the charity, if any, (for example, any custodian trustees Name Dates acted if not for whole ear TAR March 2012 Names and addresses of advisers Ioptional infomiationl a of advisor Name Address Name of chief executive or names of senior stsff members (Optional infomiatlonl Section B Structure, governance and management Description of the charity's trusts Memorandum and Articles inc 0311112017 Type of goveming document How the charity is constitutèd Company Trustee selection methods "l-u L)j elei.yd o., Appointed Additional governance issues (Optional infomiation} You may choose to include additional information, where relevant, about-. policies and proCedU￿S adopted for the induction and training of trustees- the charity's organisalional structure and any wider nelwork with which the charity works., relationship with any related parties., trustees, consideration of major risks and the system and Pro￿dureS to manage them. Section C Ob ectives and activities The objects of the charity, which are for public benefit, are soecifically restricted to the following 1.1.1 Such exclusively charitable purpose (according to the law in England and Wales) as shall be selected by the trustees in Iheir ab501ule discretion from time to time. Summary of the objects of the charity set out in its governing document TAR March 2012 The foundation has long term commitments to Operation Orphan and Street Angels. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidanco issued by the Charity Commission on public benefit) Additional details of objectives and activities {Optional infonnationl You may choose lo include further statements, where relevant, aboLrt'. policy on grantmaking., policy programme related investment., contribution made by volunteers. TAR March 2012 Section D Achievements and performance The foundation continues to underwrite 1000A of Operation Orphan admn costs to allow all the money they raise to go directly to the charity. Summary of the main achievements of the charity during the year Street Angels continue to support the homeless community in Blackpool TAR March 2012 Section E Financial review Reserves are kept to a minimum and utilised the next financial year. Brief statement of the charity's policy on reserves Details of any funds materially in deficit None Further financial review details Ioptional informalion) You may choose to include additional information, where relevanl about.. the charity's principal sources of funds (including any fundraising}', how expenditure has supported the key objectives of the charity. invéstment policy and objectives including any ethical investment poliGy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trus ees Signature{s) Full name(s) Position (eg Secretary, Chair, etc} O, (cc￿l Date TAR March 2012 **REGISTERED COMPANY NUMBER: 11046410 (England and Wales) REGISTERED CHARITY NUMBER: 1179303** Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 March 2022 for The Danbro Foundation Independent Examiner Rev'd A. A. Clements Fellow of ACIE 15 Carleton Road Great Knowley Chorley Lancashire PR6 8TQ The Danbro Foundation ## Contents of the Financial Statements For The Year Ended 31 March 2022 |||Page|| |---|---|---|---| |Report of the Trustees||1|| |Independent Examiner's Report||2|| |Statement of Financial Activities||3|| |Balance Sheet||4|| |Notes to the Financial Statements|5|to|7| |Detailed Statement of Financial Activities||8|| The Danbro Foundation ## Report of the Trustees For The Year Ended 31 March 2022 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 2022. 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). ## **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** 11046410 (England and Wales) ## **Registered Charity number** 1179303 ## **Registered office** Jubilee House East Beach Lytham St.annes Lancashire FY8 5FT ## **Trustees** Mrs H Broughton Managing Director Mrs K A Burrows Group Operations Director (resigned 30.4.2021) Mrs E L Cornah Compliance Officer Miss K Gamble Mr L Winstanley Ms L Edwards Miss J A Richmond Mr T D J Glenister Mrs S E Hughes Mr S Wright (appointed 7.7.2021) ## **Independent Examiner** Rev A. A. Clements Fellow of the Assoc of Charity Independent Examiners Independent Examiner Rev'd A. A. Clements Fellow of ACIE 15 Carleton Road Great Knowley Chorley Lancashire PR6 8TQ Approved by order of the board of trustees on ............................................. and signed on its behalf by: 20th May 2022 ........................................................................ Mrs H Broughton - Trustee Page 1 Independent Examiner's Report to the Trustees of The Danbro Foundation ## **Independent examiner's report to the trustees of The Danbro Foundation ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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. Rev A. A. Clements Fellow of the Assoc of Charity Independent Examiners Independent Examiner Rev'd A. A. Clements Fellow of ACIE 15 Carleton Road Great Knowley Chorley Lancashire PR6 8TQ Date: ............................................. Page 2 The Danbro Foundation ## Statement of Financial Activities For The Year Ended 31 March 2022 |**2022**
**Unrestricted**
**funds**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**107,127**
**EXPENDITURE ON**
**Charitable activities**
General
**105,262**
**NET INCOME**
**1,865**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**1,465**
**TOTAL FUNDS CARRIED FORWARD**
**3,330**|2021
Total
funds
£
109,289
108,006
1,283
182
1,465| |---|---| The notes form part of these financial statements Page 3 The Danbro Foundation ## Balance Sheet 31 March 2022 |||**2022**|2021| |---|---|---|---| |||**Unrestricted**|Total| |||**funds**|funds| ||Notes|**£**|£| |**CURRENT ASSETS**|||| |Cash at bank||**3,330**|1,465| |**NET CURRENT ASSETS**||**3,330**|1,465| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||**3,330**|1,465| |**NET ASSETS**||**3,330**|1,465| |**FUNDS**|3||| |Unrestricted funds||**3,330**|1,465| |**TOTAL FUNDS**||**3,330**|1,465| ||||| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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: 20th May 2022 ............................................. Mrs H Broughton - Trustee The notes form part of these financial statements Page 4 The Danbro Foundation ## Notes to the Financial Statements For The Year Ended 31 March 2022 ## **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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **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. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. continued... Page 5 The Danbro Foundation ## Notes to the Financial Statements - continued For The Year Ended 31 March 2022 ## **3. MOVEMENT IN FUNDS** |At 1.4.21
£
**Unrestricted funds**
Donations from Danbro Holdings Ltd
**1,465**
**TOTAL FUNDS**
**1,465**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
Donations from Danbro Holdings Ltd
**107,127**
**TOTAL FUNDS**
**107,127**
**Comparatives for movement in funds**
At 1.4.20
£
**Unrestricted funds**
Donations from Danbro Holdings Ltd
182
**TOTAL FUNDS**
182
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
Donations from Danbro Holdings Ltd
109,289
**TOTAL FUNDS**
109,289|Net
movement
At
in funds
31.3.22
£
£
**1,865**
**3,330**
**1,865**
**3,330**
Resources
Movement
expended
in funds
£
£
**(105,262)**
**1,865**
**(105,262)**
**1,865**
Net
movement
At
in funds
31.3.21
£
£
1,283
1,465
1,283
1,465
Resources
Movement
expended
in funds
£
£
(108,006)
1,283
(108,006)
1,283| |---|---| continued... Page 6 The Danbro Foundation ## Notes to the Financial Statements - continued For The Year Ended 31 March 2022 ## **3. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| |||movement|At| ||At 1.4.20|in funds|31.3.22| ||£|£|£| |**Unrestricted funds**|||| |Donations from Danbro Holdings Ltd|182|3,148|3,330| |**TOTAL FUNDS**|182|3,148|3,330| |A current year 12 months and prior year 12 months combined net movement in funds, included in the above|||| |as follows:|||| |**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£| |Donations from Danbro Holdings Ltd|216,416|(213,268)|3,148| |**TOTAL FUNDS**|216,416|(213,268)|3,148| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ## **4. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2022. Page 7 The Danbro Foundation |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Grants to institutions
**Support costs**
**Management**
Sundries
**Finance**
Bank charges
**Human resources**
Software licences
Total resources expended
**Net income**|Detailed Statement of Financial Activities
For The Year Ended 31 March 2022|2022
£
**107,127**
**107,127**
**105,200**
**13**
**1**
**48**
**105,262**
**1,865**|2021
£
109,289
109,289
108,000
-
6
-
108,006
1,283| |---|---|---|---| ||||| This page does not form part of the statutory financial statements Page 8 to the TntsteeÈ of de￿ent examlner's report to th¢ tr05¢e¢s of The Dakn FoumdaliDD ('the Cown I report to th¢ cbanty tntstets OD ]try exav)￿ ofthe P￿0￿￿￿ ofth ConyDy fortF* year etsted 31 March 2tr22. Respop¥lbffilllka *ttd bx•ts of rewrt As the cban.tys trustees of the Compaoy{ard alw its dir#toTh for thepwr￿ of ¢