Discover and Do Financial Statements Year Ended 31 March 2023 ## **Discover and Do** ## **Contents of the Financial Statements Year Ended 31 March 2023** |**Contents**|| |---|---| ||**Page**| |Trustees’ Annual Report|1 - 2| |Independent Examiner’s Report|3| |Receipts and Payments Account|4| |Statement of Assets and Liabilities|5| **Trustees’ Annual Report Year Ended 31 March 2023** ## **Discover and Do** We report on the accounts of the charity for the period ended 31 March 2023 which are set out on page 4 and 5. ## **Reference and Administrative Details** Charity Name Discover and Do Charity Registration Number 1179757 Principal Address Ysgol Bro Carmel, Carmel Road, Carmel, Holywell, Flintshire, CH6 8NU Charity Trustees Miss Emma Kathryn Warbrick (resigned 16 September 2022) Miss Carla Louise Redshaw Mrs Joanne Garbutt Mr Adrian Moss (appointed 16 September 2022) ## **Objectives and Activities** To promote, maintain, improve and enhance the care and education of children by providing the necessary facilities for the daily care and recreation of children aged 3-14 during out of school hours and school holidays. To advance the education and training of persons in the provision of such care and recreational facilities. ## **Achievements and Performance** The charity continued to provide daily care and recreation to children aged 3-14. The number of children requiring the out of school hours and holiday care provision decreased during the year. The charity now rents a purpose built building offering a larger space to the children which has seen numbers increase post year end. ## **Financial Review** ## **Reserves** We hold cash at bank and in hand of £50,041 (2022: £45,341) all of which is unrestricted funds. These funds are held in order the meet any unforeseen expenditure that may occur, for example, fall in numbers of children, long-term staff sickness, forced closure and any large expenditure. We aim to hold at least £10,000 and no more than £50,000 in resources at the end of the financial year. ## **Designated Funds** No funds are designated beyond the detail specified in "Reserves" above. ## **Review of Financial Position** Fee income from the out of school hours and school holiday care decreased in the year due to the number of children using the service. Post year end both numbers and fee income have increased. A number of grants have also been received post year end to purchase equipment and furnish the new building. ## **Going Concern** After consideration of all factors, the trustees continue to adopt the going concern basis in preparing the financial statements. **- 1 -** ## **Discover and Do** ## **Trustees’ Annual Report Year Ended 31 March 2023** ## **Structure, Governance and Management** The charity was registered as a Charitable Incorporated Organisation on 31 August 2018. The charity currently has three trustees which are appointed or reappointed at the Annual General Meeting. Approved on behalf of the board of Trustees on 3 October 2023 by Miss Joanne Garbutt – Chairman **- 2 -** ## **Discover and Do** ## **Independent Examiner’s Report Year Ended 31 March 2023** We report to the trustees on our examination of the accounts for the year ended 31 March 2023, which are set out on pages 4 to 5. ## **Respective responsibilities of trustees and examiner** The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to our attention. ## **Basis of independent examiner’s statement** Our examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you, the trustees, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination:- - (1) Which gives us reasonable cause to believe that, in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or - (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 2nd Floor Refuge House 33-37 Watergate Row CHESTER CH1 2LE Champion Allwoods Limited Chartered Accountants 3 October 2023 **- 3-** ## **Discover and Do** ## **Receipts and Payments Account Year Ended 31 March 2023** ||**Total and**|**Total and**| |---|---|---| ||**Unrestricted**|**Unrestricted**| ||**Funds**|**Funds**| ||**2023**|**2022**| ||**£**|**£**| |**Receipts**||| |Fees|42,543|46,926| |Savings account interest|138|4| |**Total receipts**|42,681|46,930| |**Payments**||| |Wages|32,586|33,889| |Rent|1,870|910| |Membership|327|127| |Telephone|20|95| |Equipment|1,608|5,858| |Equipment Hire|-|714| |Snack|1,064|1,081| |Staff training|-|50| |Craft|94|16| |Stationery|-|16| |Employee pension|105|144| |Payroll|346|674| |Legal & Professional|300|-| |Accountancy|1,020|1,020| |Insurance|574|482| |Bank charges|94|47| |Miscellaneous|98|38| ||40,106|45,162| |**Total payments**|40,106|45,162| |**Surplus/(Defecit) for the year**|2,575|1,768| |**Cash balances brought forward**|45,275|43,507| |**Cash balances carried forward**|47,850|45,275| |**Approval of Accounts**||| On behalf of the Trustees I approve this Receipts and Payments Account and the Statement of Assets and Liabilities on the following page on 3 October 2023 for the period ended 31 March 2023. Miss Joanne Garbutt - Chairman **- 4 -** ## **Discover and Do** ## **Statement of Assets and Liabilities Year Ended 31 March 2023** |**Cash funds**
Bank current account
Bank deposit account
Creditors|19,746
30,295|**2023**
**£**
50,041
(2,191)
47,850|**2022**
**£**
15,183
30,158
45,341
(66)
45,275| |---|---|---|---| ||||| There are no guarantees provided by the Charity which result in any liability as at 31 March 2023 There is no debt outstanding at 31 March 2023 which is secured by an express charge on any of the Charity’s assets **- 5 -**