The Daniel Fox Foundation
Charity number 1184729
Annual Report and Financial Statements
for the period ending 31 March 2022
The Daniel Fox Foundation
Annual Report and Financial Statements
for the year ended 31 March 2022
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Independent Examiner's report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the accounts | 7 & 8 |
Prepared by the Greater Merseyside Community Accountancy Service
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The Daniel Fox Foundation
Trustees' report
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 31st 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).
Name Mr P Owen Mr J M Ryan Mr K A J Ashton
Position Dates
The Nursery Manager of the charity during the year was Lynne Johnston
Method of appointment
Election annually by AGM, or interim appointment by trustees until next AGM.
Principal address
5 Alexandra Street St Helens Merseyside WA10 3NQ
Bankers
Natwest Bank 5 Ormskirk Street St Helens Merseyside WA10 1DR
Governing document
Charitable Incorporated Organisation registered with the Charity Commission for England & Wales on 2nd August 2019 registration number 1184729
Objects of the organisation
We deliver education programme and events regarding the effects of knife crime and work with local communities, schools, colleages and organisations in supporting diversionary activities for young people. Promoting positive life choices and sharing the wider negative impacts of knife crime in relation to the impact on the victim and victims families.
Independent examiner
on behalf of:
Greater Merseyside Community Accountancy Service
St Marie's Lugsdale Road Widnes WA8 6DB
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The Daniel Fox Foundation
Trustees' report continued
Financial Review
The charity reports a surplus on the year of £5,994 (£4,341 ~ 2021)
Policy on Reserves
Sufficient reserves are retained to cover the costs of an orderly closedown should the funding not continue, principally staff redundancy costs, with a margin to cover short-term fluctuations in cashflow and unforeseen expenditure.
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The Daniel Fox Foundation
Independent examiner's report on the accounts of
The Daniel Fox Foundation for the year ending 31 March 2022
I report on the accounts of the charity set out on pages 5 to 8
Respective responsibilities of the Management Committee and the examiner
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 (the Charities Act) does not apply and that an independent examination is needed.
It is my responsibility to:
q examine the accounts under section 145 of the Charities Act;
q to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145(5)(b) of the Charities Act: and
q to state whether particular matters have come to my attention.
Basis of Independent examiner's report
My 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 as 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
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in, any material respect, the requirements:
q to keep accounting records in accordance with section 130 of the Act; and
q to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jane Williams MAAT Greater Merseyside Community Accountancy Service St Marie's Lugsdale Road Widnes WA8 6DB
2nd February 2023
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The Daniel Fox Foundation Statement of Financial Activities for the year ending 31 March 2022
| Notes 2022 Unrestricted funds £ Receipts Donations and legacies (2) 21,932 Total receipts 21,932 Payments Salaries and NICs (3) 10,795 Payroll fees 480 Travel expenses 279 Office Supplies 349 Marketing and promotion 3,508 Sundries - PPE Supplies - Accountancy 135 Depreciation 392 Total payments 15,938 Net receipts / (payments) 5,994 4,341 Cash fund balances carried forward 10,335 Cash fund balances brought forward |
2022 Restricted funds £ - - - - - - - - - - - - - - - |
2022 Total funds £ 21,932 21,932 10,795 480 279 349 3,508 - - 135 392 15,938 5,994 4,341 10,335 |
2021 Total funds £ 30,647 |
|---|---|---|---|
| 30,647 | |||
| 12,765 - - 2,750 5,899 543 3,283 674 392 |
|||
| 26,306 | |||
| 4,341 - |
|||
| 4,341 |
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The Daniel Fox Foundation
Balance sheet
as at 31 March 2022
| 2022 Unrestricted Fixed Assets £ Tangible Assets 788 Total fixed assets 788 Current Assets Debtors and prepayments - Cash at bank and in hand (3) 9,682 Total current assets 9,682 Current liabilities: amounts falling due within one year Creditors and accruals 135 Total current liabilities 135 Net current assets / (liabilities) 9,547 Total assets less current liabilities 10,335 Creditors: amounts falling due after one year - Net assets 10,335 Funds Restricted Funds Unrestricted funds 10,335 Total Funds 10,335 |
2022 Restricted £ - - - - - - - - - - - - |
2022 Total £ 788 788 - 9,682 9,682 135 135 9,547 10,335 10,335 - 10,335 10,335 |
2021 Total £ 1,180 |
|---|---|---|---|
| 1,180 | |||
| 14,543 | |||
| 14,543 | |||
| 11,382 | |||
| 11,382 | |||
| 3,161 | |||
| 4,341 | |||
| 4,341 | |||
| - 4,341 |
|||
| 4,341 |
The 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 2nd February 2023 and were signed on its behalf by:
Mr K A J Ashton Trustee
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The Daniel Fox Foundation
Notes to the accounts
for the year ending 31 March 2022
1 Accounting Policies
a Basis of accounting
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.
b Taxation
As a registered charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
c Fund accounting
Funds held by the charity are either:
Unrestricted general funds
These are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Restricted funds
These are funds that 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.
Designated funds
These are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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The Daniel Fox Foundation
Notes to the accounts continued
for the year ending 31 March 2022
| 2 Donations and legacies Grants 3 Tangible Fixed Assets Cost Additions Depreciation Charge for Year Net Book Value At 31 March 2022 At 31 March 2021 4 Creditors Other Creditors Accrued expenses 5 Movement in Funds Unrestricted funds General fund 6 Bank and Cash Current account |
2022 Unrestricted funds £ 21,932 21,932 |
2022 Restricted funds £ - - At 1.4.21 £ 4,341 4,341 |
2022 Total funds £ 21,932 21,932 2022 £ - 135 135 £ 5,994 5,994 2022 £ 9,682 9,682 Net Movement in Funds |
2021 Total funds £ 30,647 |
|---|---|---|---|---|
| 30,647 | ||||
| Fixtures & Fittings 1,572 - |
||||
| 1,572 392 392 |
||||
| 784 788 |
||||
| 1,180 | ||||
| 2021 £ 10,782 600 |
||||
| 11,382 | ||||
| At 31.3.22 £ 10,335 |
||||
| 10,335 | ||||
| 2021 £ 14,543 |
||||
| 14,543 |
7 Trustee remuneration and expenses
During the period no trustees received any remuneration or expenses, nor for the year ended 31 March 2021.
8 Related party transactions
There were no related party transactions to report during the accounting period.
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