CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110412023 Period end date Period Stsrt date To 3110312024 Charity name: Danbro Foundation Charity registration number: 119303 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as set Oltt in its governing document The objects of the Charity, which are for public benefit, are specifically restricted to the following.. l.l.I Such exclusively charitable purpose or purposes laccording to the law in England and Wales) as shall be selected by the trustees in their absolute discretion from time to lime. The foundation has long term commitments to Operation Orphan and Street Angels Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.17aTh 1.19 Para 1.18 The trustees have read and are aware of the guidance issued. Additional infomiation (optional You ma choose to include further statements where relevant about.. SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other Achievements and Performance SORP reference The foundation continued to underwrite l(X)% of Operation Orphans admin costs allow all the money they raise to go directly where it is needed. The charity also still supports Street Angels on a monthly basis. Summary of the main achievements of the charity. identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional information {optionall You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 Performance of fundraising activities againsl objectives set Para 1.41 Investment perforniance against objectives Para 1.41 Olher
Financial Review Review of the charity s financial position at the end of the period Statement explaining the policy for holding reserves stating why they are held Para 1 21 The trustees meet on a quarterly basis to review the financial status. All monies donated are usually paid out the same month The trustees meet quarterly, and the accounts and projections are reviewed each time to ensure that all funds available are passed over to the causes agreed quickly for maximum benefit. If we found that a large amotjnt of money w35 being held in reseNe, then a proactive approach would be taken. Minimal See statement above Para 1.22 Amount of reserves held Reasons for holding zero resee$ Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Para 1.22 Para 1.24 Not in deficit Para 1.23 No uncertainties Additional information {optionall You ma choose to include further statements where relevant about.. The charity's principal sources of funds (including any fundraising) Par8 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Memorandum and Articles inc 0311112017 How is the charity constituted? Para 1 25 Company aled Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Appointed Additional infomiation (optionall You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship wtth any related parties Para 1.51 Olher Reference and Administrative details Charit name Other name the charit uses Re istered charit number Charity's principal address Danbro Foundation None 1179303 Jubilee House East Beach Lytham Lancs FY8 5FT
Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Offieè lif any) Name of person lor body) entitled toa oint trustee if an Helen Broughlon Secretary and Director Director 7 years Emma Cornah Leanne Edwards 7 years 5.5 years 4.5 years 5.5 years 5.5 years 5 years 3.5 Years Director Katie Gamble Director Director Terry Glenister Susan Hughes Jenny Richmond Samuel Wright Liam Winslanley Director Director Director Director 2 Years - resigned 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors al the date the re Director name ortwasa roved Name of trustees holding title lo property belonging to the charity Trustee name Datas act•d if not for whole ear
Funds held as custodian trustees on behalf of others Descriplion of the assets held in this capacity Name and objects of the charity on whose behalfthe assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional infomation {optionall Names and addresses of advisers {Optional infomiation) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional infomiation) Exemptions from disclosure Reason for non-disclosure of ke ersannel details Other o tional information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnature{sl Full name(sl Position leg Secretary, Chair, etc) Jenny Richmond Trustee Date 1510112024
REGISTERED COMPANY Null IBLR: I 1046410 IEnglAnd and IVAles) REGISTERED CHARITY NUMBER.. 1179303 ort tsf the TIu5tees and Unaiidited Financial Statejiients For The Year Ended 31 March 2024 Independent EXniner Revd A. A. Clements Fellow of .4CIE 15 Carleloii Road Great Kiiowley C liorley Lan¢ashire PR6 8TQ
The Danbro Foundation Conienis of the Financial Siaiement For The Year Ended i l March ?024 Page Report of the TTusiees Indepetldent Exatniner's Report Staten)ent of Financial Arlivilies Balance Sheet Notes to the Financial Sta*rnents Detailed StateTnenl of Financial Activities
The Danbro Foundation on of tlie Trusiees For T]ie Year Ended i l March ?024 The trustee5 are also directors of the charity for Ilie purposes of the Coittpanies Ac¢ 2006, pre5¢1lt their report with the finaii¢ial stateinents of tlie cliarity for ihe year ended i l N4arch 2024. The Iruslecs have adopted the provisions of Accounting and Reporting b>. Chariri¢s". Siatement of Re¢omniend¢d Practice applicable to charitles preparing Ilieir account5 in accordancc with the Financial Reporting Standard appli¢able in ihe UK and Republi¢ of Ireland IFRS 1021 leff¢¢iive l January 20191. STRUCTURE, GOVERNANCE AND Tr¥lANAGEIENT Governing documenl The cliarily is controlled by its governing doeuinenl, o deed of irusi, and ¢OnSlituies a limited company, li¥nited by guaraniee, as d¢fined by the CoThpanies Act 2006. RLF'LRENCL AND ADP+llYISTRATII'E DETAILS Registered c.ompany nurnber 1104641 O (England and Wales) Registered Charity number 179303 Registered office Jiibiltt House East Beach LliaM Sl.annes l.ancashire FY8 5FT Trustees Mr5 H Broughion Managying Director Mrs E L Cornah ComplJan¢e OfFLcer Miss K Ganible Ir L Il'insianley Iresigtted 28.9.20231 ,M5 L Ldwards Mrs J A Richmond L rTDJ Glenister Mrs S E Hll¥)hes Ir S Wrinlil Independent Examiner Rev A. A. Cl¢tn¢nts Independeni EYamin¢r Rev'd A. A. Clements Fellow of ACIE 15 Carleton Road Great KnthiYl¢y Cliorley LaiiLaghi PR6 81'Q Approved by order of the board of Irusiees on and Signed on its behalf by.. Irs H Broughton- Trustee Page I
Inde endeni EKaminerfs Re ort to tlie Trustees of The Danbro Fouiidaiioii Independent exgminer's report to the trustee5 of The DAnbTO Foundation I'th¢ Compatty'l I report lo the cliarit) trustee5 on my exarninalion of the J¢¢ounlS of the Company for the year ended 31 March 2024. RespoTtsibilitie5 and basis of report As tlie charity's ITUStees of the Conipany land also its directors for the purposes of compan). lawl you ar¢ responsible for the preparniion of the accounts in accordance with the requirements of th¢ Compaiiies Act 2006 {'the 2006 A¢¢l. Havin saiisfied myself that the accounts of the Company are not requird 10 be audited under Part 16 of the 2006 Act and are eliuible for independen¢ ¢xan)inaiion. I report itt respect of my examination of yOLir charit!'5 accoiints as carri out under Seciion 145 of the Charities Act )01 I I'the ?0 I l Act'i. In carrying out my examination I have followed the Directions given by the Charity Cotnmi55ion under S¢ctitso 14)151 Ibl of the 201 l Act. Independent exarniner's staternent I have conipl¢ted my examination. l ¢onfirm ihat no matters have come to my attention in connection 1th the examination giving mt cause to believe.. accounting records were not kept in respect of the Companj as required by Section 386 of the 2006 Act.. or The accounts do not accord wilh those re¢ords,' or the accounts do not comply wilh th¢ accountit]g quIre[neIS of Se¢iion 396 of ihe 2006 Act other than any requiretntnt that the accounts give a true a¢)d fair vieiv which is ttoi a marter considered as part oran iiidependent exaniination., or th¢ accounts have Not been prepaTed in ac¢ordance ryth the methods and principle5 of the Stat¢m¢nt of Recommended Practice for accouniing and Tewrtino by charities lapplicable to ¢hariiies preparing their accounts in accordaiicc with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). I haTr¢ no concerns and have come across no oiher matters in connection with the txamination to which attention should be drawn in this pOrt in ordtr to enable a Proper understaiiding of the accounts to be rea¢hed_ Rev A. A. Clements Independetlt Examiner Rev'd A. A. Clem¢nts Fellow of ACIE 15 Carleion Road Great Knowlcy Chorley Lanca5hire PR6 8TQ Date: ............................................. Page
The Danbro Foundation Foi The Year Ended i l Nlarcli 7024 2024 Unrestricted funds Total fujids Notes 1Tr4COMI E AND F.NDOWMENTS FROM Donations and legacies 124,043 120.778 EXPENDITURE ON Charitable activities General 118,740 108.965 NET INCOME 5J03 RECONCILIATION OF FUNDS Total fiinds bioughi forward 15,143 i.330 TOTAL FUNDS CARRIED FORW'ARD 20,446 15,143 The notes form part of these financial Statements Page 3
The Danbni Foundation Balan¢e Slieei l March 9024 2024 Unrestricted funds 2023 Totsl fuiids No¢¢s CURRENf ASSETS Cash at bank 211,446 15,143 NET CVRRENT ASSETS 20,446 15,143 TOTAL ASSETS LESS CLIRRENT LIABILITIES 20.446 15,143 NET ASSETS 20,446 15,143 FUNDS Unrestricied funds 20,446 15,143 TOTAL FUNDS 20,446 15,14i The charitable company is entitled to exemption from audit under Section 477 of the Companie5 Act 2006 for the year ended 31 Mareh 2074. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2094 ill accordance with S¢¢tion 476 ofthe Companies.4ci 2006. The trustees acknowled2e their responsibilities for ensuring that the chariiable compaiiy keeps accounting records ihat ¢omply wih Sections 386 and 387 of the Companies Act 2006 and preparino financial 5tatement5 which give a true and fair view of the state of affaiTS of the charitable cornpan). as at the end of each financial year and of lis surplus or deficit for each financial year ID a¢¢ordance wirh the requirements of Section5 i94 and i9) and which other1lSe complv lviih the requiretnents of the Cornpanies Act ?006 relating to finan¢ial statements, so far as applicable to the charitable cornpany. Ibl These financial statements have been prepared in accordance with the provis20Th5 applicable to ¢haritabl¢ Companies siibject to the small companies regim¢. The financial statements were approved by the Board of Trnstees and authorised for issue and were signed on its behalf by.. on frsH roughton- Truste¢ The notes fomi part of these financial statements Page 4
Tlie Dai)bro Foundation Notes to Ilie Fiiiaiicial Stateinents For Tlic Year Ended 31 lrth 2024 ACCOUNTING POLICIES Basis of prepAring the fingntial stat¢mtnts The fiiiaiicial 51alenients of the cliaritable company, ivhicl) is a public benefit entity under FRS 102. have been prepared in accordance ivith th¢ Chai'itie5 SORP IFRS 10?) 'Accounling and Reporting by Charitie5." Statement of Recommended Practice appliLable io Chaiilie5 preparing their accounts in accordance iviih ihe Financial Reporting Standard applicabl¢ in the UK and Repiiblic of Ireland IFRS 1021 leff¢ctiv¢ l Januar). 20191,. Fin<lncial Reporting Standard 10? 'The Financial Reporting Standard applicable in the UK and R¢pLiblic of Ireland, and the Cotnpanies Act 2006. The fjnancial siaienienis have been pr¢par¢d linder the historical cost convention. Income All iiicotne is recoslltsed in the Siat¢m¢nt of Fitlancial Aclivit2es once the charity has eniiilement io the funds. it is prubable that the iiicoille will be received and the ainoun¢ Can be niea5ur¢d reliably. EApenditure Liabilities are iecogni5¢d a5 expeiiditure as soon as there is a legal 01 ¢onslructive obligation conunittin8 th¢ harity to that expenditure, it is probable thai a tran5f¢r of econoniic benefits will be required in settlement and Ihe amount of the obligation can be measured reliably. Expenditure TS accouiited for on an accruals basis and has been classified under headings that ag¥r¢gate all c05t related to the category. Where Costs cannot be directly aiiribuied to particular headings they have been allocated io activities on a bas15 consistent with th¢ use of resources. Grants offered subjetl lo ¢tsiidilion5 which have Jiot been niet al Ilie year ¢nd dale are noted as a conimitment but not accrued as expeiiditure. Taxation The charity is exempt from corporation tax on its ¢haritable artivitie5. Fund accounting Unre$iri¢l¢d funds can be used in accordance with ihe chariiable objeciives at the discretion of the tnistees. ResirJci¢d fiinds can only be used for particular resiricied purposes within the objects of the charity. R¢stri¢tions arise ivhen specifjed by the donor or whei) fund5 are raised for particular restricted pllrposes. Further explanation of the nature and purpose of each fund is included in the notes to th¢ financial 5tat¢tnents. TRUSTEES, REMUNERATION AND BENEFITS There were no Irllst¢¢s' ren)uneration or other benefits for the year ended 31 fvlar¢h 2024 tlor for th¢ year eE)ded 31 MaTrh 2023. Tru5tees' expenses There were no trustees, expenses paid for the yeaT elided 31 March 2024 nor for the year ended 31 March 2023. continued...
Th Dllnbro Foundation s io ihe Finan tatements- continued For The Year Ended i I Imarch ?024 MOVEMENT IN FUNDS Net rnovernent irt funds At 31.3.24 At 1.4.23 Unrtstrieted funds General fund 20.446 TOTAL FUNDS 15,143 5J03 20.446 Net inovement in fvnds. included in the above are as follows= Incoming resources Resources expended Movement in funds Unrestricted funds General fund 124.043 (118,7401 SJ113 TOTAL FUIYDS 124.043 (118,7401 S,303 Comp#r#tives for movement in funds Net movement in fllnds At At 1.4.22 Unresirlcted funds Donations from Danbro Holding5 Ltd 3.330 15.14) TOTAL FUNDS 15.14i Comparative net rnovemetlt in funds. included in the above a as follows.. Incoining resources Resoiirces expended Movein¢nt in funds Unre5trirttd fund$ Donations frotn Danbro Holditlgs Ltd 120,778 1108.9651 TOTAL FUNDS 120,778 1108,9651 Page 6 continued...
The Danbro Foundation Notes to the Fiiiajicial Starements- conlijiued For The Year Elided i l Marcli ?024 movEIENT IN FUNDS- continued A current year 12 months ai)d prior year 12 nionths coinbined position is as folloi¥s'. N¢t movement in fiinds At 1.4.22 31.3.24 Unrestricted fund5 General fund DviiatiOn5 froim Dallbro Holdings Lid 5.i03 5,303 15.143 3.330 3,330 20.446 TOTAL FUNDS 3,330 17.116 20,446 A current year 12 months and prior year 12 months combined net movement in fund5, included in the above are as folloivs". Inconiinn resource5 Resour¢¢s expetided Movernent in funds Unrestri¢ted fund5 General fund Donations from Danbro Holdings Ltd 124,043 120.778 1118.7401 1108,9651 5,303 244.8?] {227.7051 TOTAL FUNDS 244.821 (227.7051 RELATED PARTY DISCLOSURES There were no related party transa¢tions for the Jcar ended 31 March 2024. Pag¢ 7
The Dan ndaiion Detailed Statement of Fin or The Year Ended i l Marcli ?0?4 2024 202) INCOME AND ENDOWMENTS Dtsn¥tiort$ legxcies Donations 124,043 1 ?0,778 Total in¢oming resour¢es 124,043 120.778 EXPENDITURE Chariiable attivities Grants io instiiutl0llS 18,739 108,962 Support Costs Fxnance Bank charges Total resources e.xpended 118,740 108,965 Net incorne 5,303 This page does not fonn part of the statutory financial siatements Page 8
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