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2025-03-31-accounts

Dartmouth Caring

Trustees’ Annual Report

Year ended 31 March 2025

Page
Trustees' annual report 2
Treasurer’s Report 16
Independent examiner’s report to the trustees 18
Statement of financial activities 19
Statement of financial position 20
Notes to the financial statements 21

Page 1 of 28

Dartmouth Caring

Trustees’ Annual Report

Year ended 31 March 2025

Reference and Administrative

Charity Registration Number: 1187326 Principal Office: Dartmouth Health and Wellbeing Centre Wessex Way Dartmouth Devon TQ6 0JL

President Vacant
Chair Trustee Dee Nutt
Treasurer Trustee Peter Adolphus
Vice Chair Trustee Caroline Martin
Ex officio Trustee - Manager Nick Hindmarsh
Trustee Dr Frances Davidson
Trustee Gillian Tucker
Trustee Michael Penn

Independent S R Smith FCA examiner: Westcotts (SW) LLP Chartered Accountants Petitor House Nicholson Road Torquay Devon TQ2 7TD Bankers: Lloyds Bank 31 Fore Street Totnes Devon TQ9 5HH

Page 2 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Structure, Governance and Management

Dartmouth Caring is as a Charitable Incorporated Charity registered in England and Wales, number 1187326, and commenced on 1 April 2022.

It is governed by its Constitution adopted on 7 January 2020 and registered on the 13 January 2020. The charity is the successor to Dartmouth Caring (unincorporated, with registration number 900226).

Trustees

The charity trustees serving during the year are as follows:

Ex officio Trustee

(a) The Manager, Nick Hindmarsh, for the time being (“the office holder”) shall automatically (“ex-officio”) be a charity trustee, for as long as he or she holds that office.

(b) If unwilling to act as a charity trustee, the office holder may:

The office of ex officio charity trustee will then remain vacant until the office holder ceases to hold office.

Charity trustees

Functions and duties of charity trustees

The charity trustees shall manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. It is the duty of each charity trustee:

Page 3 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Charity trustees (continued)

Functions and duties of charity trustees (continued)

Eligibility for trusteeship

Number of charity trustees

Membership of the CIO

Page 4 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Objectives and Activities for the Public Benefit

Recruitment and Induction of new Trustees

The Trust Board is always mindful of the need to review its skills set and the capacity of the Board to discharge its role.

Page 5 of 28

"This year has been a really exciting period for the charity...” Dee Nutt (MBE) - Chair of Trustees

Welcome from our Chair

It has been another dynamic and rewarding year for the Charity, marked by significant change and growth, as you’ll discover in the following pages.

When I speak with people across our community, they are often surprised, and deeply impressed, by the wide range of support services we offer. This is especially true now, with the addition of many new clubs and activities that allow more members of our community to access support tailored to their needs.

This community is at the heart of everything we do. We’re fully aware that we couldn’t continue our work without your support. That support comes in many forms; from our dedicated volunteers, generous donors, and the local groups who collaborate with us to provide the services now available from our home base. These strong connections are what enable this wonderful town and its surrounding villages to care for their most vulnerable residents.

I want to extend my heartfelt thanks to everyone who has supported Dartmouth Caring over the years. I’d also like to take this opportunity to recognise and thank our hardworking staff, who remain as committed and busy as ever.

We truly rely on your support—without it, we simply couldn’t continue our vital work

Page 6 of 28

"Our focus is to support those in need, including the elderly, younger adults and teenagers - helping everyone to live their lives as they choose, connecting those who feel isolated, Nick Hindmarsh and improving the emotional and physical health and (BEM) - Manager wellbeing of our clients."

Manager’s Welcome Message

I hope this report helps you understand the range of our work and its impact, and how we go about supporting our community, directly and by working with partners.

If you are reading a client, a volunteer, benefactor or grant awarding body, I hope this is a useful summary of the achievements and progress in 2024-2025.

Trustees and I are proud of what the charity achieves each year, achievements that would not take place without our wonderful volunteers and great staff team - and you, our supporters!

We are now into our second year of the National Lottery Community Fund project and it has really started to make an impact on the range and breadth of services we can provide and enable others to offer; really starting to allow the potential of the Health and Wellbeing Centre, our home, to come to fruition. A significant part of this project was to grow our partnership working and team of volunteers and I am delighted to report that in both areas significant progress has been made.

Later in this report you will see a summary of the activities and services now provided by Dartmouth Caring.

Revenue fundraising remains challenging, as it is for many in the charitable sector. We have been helped in the past year by the receipt of a significant legacy, reported in last year’s annual report. This brings us back to an equivalent reserves position as we were in 2019. We continue to seek to diversify our fundraising efforts.

I want to thank all those who have supported us over the past year and in many cases for many years, this means so much to our clients, our trustees and our staff.

I look forward to working with you all in the coming years.

Page 7 of 28

Dartmouth Caring Trustees’ Annual Report (continued) Year ended 31 March 2025

Page 8 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Page 9 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

The Year in Pictures

Figure 1 - Offline Gaming Group Figure 2 - Knit & Natter

Figure 3 - Memory Café (L)

Figure 4 - Monday Makers (R)

Page 10 of 28 Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Figure 5 – Souper Thursday

6 - Dartmouth Dawdle

Page 11 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

What’s happened this year?

The Year in Tables

Page 12 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Page 13 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Page 14 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

National Lottery Community Fund

Year 2 summary report

Project reference: 20211825

Project aims:

The overall aim of this project is to develop our new space as a resource for the local community.

With regards to beneficiaries, we expect to see change for people using our services in the following ways:

This project will enable us to manage a period of change and provide additional resources, which will enable to develop new beneficiary activities, and to make sure that our new space is comfortable and works well for our beneficiaries.

Our target is to reach 390 new clients over the course of the project’s life. Since the start of the project, 559 (270+289) clients have been added to our system, many of whom will be new clients because of our change of location and some who would have become new clients had we not moved.

We do know that our new services have brought in clients we would not have attracted without the move and without the grant. There are 190 (92+98) clients who have accessed our new group activities, plus clients who access others’ services in our space; Job Centre Plus, AA, South Hams District Council and Citizens’ Advice.

Page 15 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Treasurer’s Report and reserve policy - 2024-25

Overall, it has been an encouraging year for the charity with the result that a small surplus of nearly £3,000 is showing at the year end. Income is down from £446,000 in 2024 to £342,000 in 2025 which is due to the generous legacy in excess of £175,000 reflected in last years books. This money was received in the current year and is the principal reason the charity’s cash and investments jumped from £69,000 in 2024 to £225,00 in 2025. The charity’s expenditure has remained static and indeed shows a small reduction of £2,000 compared with last year. The charity had reserves of £256,000 at the year-end of which £150,000 were unrestricted and £106,000 were restricted. Note 17 of the financial statements shows the areas in which funds were restricted, and these funds are being utilised all the time.

The economic climate is very difficult for small local charities and the trustees are continually looking at ways in which costs can be saved and funds raised. Taking all things into consideration, it is the trustees’ assessment the charity is a going concern and will remain so for the foreseeable future provided the targeted level of fundraising is achieved.

The trustees’ reserve policy is to hold between 60% and 80% of annual expenditure in reserves which is comfortably achieved at the year end. This decision has been reached on the basis that we do not wish to expose clients, the community, and staff to sudden shocks, caused by a decline in income leading to services being withdrawn. Our income sources vary significantly from year to year and are difficult to forecast a long way ahead. Approximately 1/3 of our oncome comes from a few main benefactors. This potentially leaves the charity exposed to a significant fall in income, should these benefactors’ objectives change. We do not wish to assume that our income will continue to arrive in a dependable manner.

To maintain this level of reserves, new expenditure on staffing and new projects is carefully monitored at board meetings. Allied to this, trustees monitor the level of reserves and monitor patterns in the fluctuation throughout the year, so as to make informed decisions. Our reserves, having been boosted by a significant legacy, are in excess of our desired range. Trustees have discussed what we do about this and decided to leave them at a higher level than usual for two key reasons:

  1. The funding environment is extremely challenging at the moment

  2. The Lottery Grant is coming to an end, and we cannot rely on continued funding from this source.

Thank you for all the support the charity receives from our donors whether large or small and know without your support the charity would not survive.

Page 16 of 28

Dartmouth Caring

Trustees’ Annual Report (continued)

Year ended 31 March 2025

Statement of Trustees Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.

The trustees are required to prepare financial statements which give a true and fair view of the charity and of the incoming resources and application of resources of the charity. In preparing these financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The annual report was approved by the trustees of the charity on ………………………………… and signed on its behalf by:

…………………………………….…………………. Peter Adolphus (Treasurer and Trustee)

Page 17 of 28

Dartmouth Caring

Independent Examiner’s Report to the Trustees of Dartmouth Caring Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of Dartmouth Caring (‘the charity’) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements 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 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.

…………………….…………………………………………….

S R Smith (FCA) Westcotts (SW) LLP Chartered Accountants Independent Examiner Petitor House Nicholson Road Torquay Devon TQ2 7TD

Page 18 of 28

Dartmouth Caring

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2025

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2025|2024| |Unrestricted|Restricted| |funds|funds|Total funds|Total funds| |Note|£|£|£|£| |Income and endowments| |Donations and legacies|4|91,151|219,900|311,051|394,630| |Charitable activities|5|22,390|-|22,390|42,390| |Fundraising income|5,186|-|5,186|6,649| |Investment income|6|3,645|-|3,645|3,196| |--------------------------- ---------------------------- ---------------------------- ----------------------------| |Total income|122,372|219,900|342,272|446,865| |====================== ======================= ====================== =======================| |Expenditure| |Expenditure on fundraising|1,345|-|1,345|3,252| |Expenditure on charitable activities|7|93,242|244,758|338,000|338,021| |----------------------------- ---------------------------- ----------------------------- -----------------------------| |Total expenditure|94,587|244,758|339,345|341,273| |======================= ====================== ======================= =======================| |Transfers between funds|(80,078)|80,078|-|-| |----------------------------- ---------------------------- ----------------------------- -----------------------------| |Net income and net movement|(52,293)|55,220|2,927|105,592| |in funds|======================= ======================= ======================= =======================| |Reconciliation of funds| |Total funds brought forward|202,339|51,250|253,589|147,997| |======================= ====================== ====================== =======================| |Total funds carried forward|150,046|106,470|256,516|253,589| |======================= ======================= ======================= =======================|

----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The notes on pages 21 to 28 form part of these financial statements.

Page 19 of 28

Dartmouth Caring

Statement of Financial Position

Year ended 31 March 2025

2025 2024
Note £ £ £
Fixed assets
Tangible fixed assets 12 12,549 11,693
Current assets
Debtors 13 28,141 188,921
Investments 14 121,139 3,308
Cash at bank and in hand 104,118 66,222
------------------------------------------- -------------------------------------------
253,398 258,451
Creditors: amounts falling due within one year 15 9,431 16,555
------------------------------------------
- ---------------------------------------------
Net current assets 243,967 241,896
--------------------------------------------- ----------------------------------------------
Net assets 256,516 253,589
=================================== ===============================
Funds of the charity
Unrestricted funds 150,046 202,339
Restricted funds 106,470 51,250
----------------------------------------------- ----------------------------------------------
Total charity funds 17 256,516 253,589
=================================== ==================================

These financial statements were approved by the board of trustees and authorised for issue on ……………………….………….. and are signed on behalf of the board by:

………………………………………………….……. Dee Nutt (Trustee)

……………………………………………………….. Peter Adolphus (Trustee)

The notes on pages 21 to 28 form part of these financial statements.

Page 20 of 28

Dartmouth Caring

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Dartmouth Health & Wellbeing Centre, Wessex Way, Dartmouth, Devon TQ6 0JL.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Going concern

There are no material uncertainties about the charity’s ability to continue, which has been confirmed by the trustees, as there are sufficient reserves held and with regular budgeting carried out for the following year.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken under the disclosure exemptions available not to present a cash flow statement for the charity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are none.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Page 21 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Where a grant (including government grants) does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions, it is recognised in income only when the performancerelated conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. No tangible assets are carried at a revalued amount.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Office, general equipment and - 25% Straight line motor vehicle

Page 22 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument and are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash value or other consideration expected to be paid or received and not discounted.

Taxation

As a registered charity Dartmouth Caring is potentially exempt from taxation on its income and gains under Part 11 of the Corporation Tax Act 2010 and Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income and gains are applied exclusively to charitable purposes.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Donations and legacies

4.
Donations and legacies
Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Donations
General donations 18,974 - 18,974
Gift Aid 2,591 - 2,591
Legacies 30,886 - 30,886
Grants
National funding and grants 38,700 99,257 137,957
Dartmouth and District funding and grants - 57,000 57,000
Government bodies - 63,643 63,643
-------------------------------- --------------------------------------- -----------------------------------------
91,151 219,900 311,051
============================ ============================ =============================
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
General donations 16,343 2,405 18,748
Gift Aid 2,182 601 2,783
Legacies 175,000 - 175,000
Grants
National funding and grants 12,556 59,555 72,111
Dartmouth and District funding and grants 886 66,713 67,599
Government bodies - 58,389 58,389
----------------------------------- --------------------------------------- ----------------------------------------
206,967 187,663 394,630
========================= ============================= ============================

Page 23 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

5. Charitable activities

Total unrestricted funds Total unrestricted funds
2025 2024
£ £
Home Help Service 7,176 30,832
Transport donations 6,789 4,964
Luncheon Club (including raffle) 6,028 5,470
Other income 2,397 1,124
--------------------------------- ---------------------------------
22,390 42,390
========================= ========================
6. Investment income
Total unrestricted funds
2025 2024
£ £
Bank interest receivable 3,645 3,196
===================== ===================

7. Expenditure on charitable activities

Unrestricted Restricted Total funds
Funds Funds 2025
Note £ £ £
Direct costs 28,506 244,758 273,264
Support costs 8 64,736 - 64,736
----------------------------------------- ----------------------------------------- -----------------------------------------
93,242 244,758 338,000
============================= ============================= ============================
Unrestricted Restricted Total funds
Funds Funds 2024
£ £ £
Direct costs 48,780 229,083 277,863
Support costs 8 60,158 - 60,158
----------------------------------------- ---------------------------------------- ----------------------------------------
108,938 229,083 338,021
============================= ============================= ============================

Page 24 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

8. Support costs

upport costs
Total unrestricted funds
2025 2024
£ £
Premises 13,575 8,736
General office 5,349 4,674
Insurance 4,635 4,441
Independent examination fees :-
Examination of the financial statements 4,450 3,750
Other services - 1,300
Consultancy fees 2,525 5,049
Telephone, internet and IT support 17,141 13,724
Printing, postage, stationery and advertising 4,538 5,256
Depreciation 7,005 5,040
Bank charges 676 945
Sundry expenses 4,842 7,243
---------------------------------- ----------------------------------
64,736 60,158
======================== =======================

9. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2025 2024
£ £
Wages and salaries 236,616 222,593
Social security costs 7,176 13,929
Employer contributions to pension plans 2,324 2,239
---------------------------------------- ----------------------------------------
246,116 238,761
============================= ============================

The average head count of employees during the year was 16 (2024: 22). The average number of full-time equivalent employees during the year is analysed as follows:

employees during the year is analysed as follows:
2025 2024
No. No.
Manager 1 1
Support workers and administration 9 12
-------------- --------------
10 13
======== =======

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

10. Trustee remuneration and expenses

During the year Mr N Hindmarsh received a gross salary £44,931 (2024: £43,794) and pension contributions of £Nil (2024: £Nil) through his employment as the charity manager. This position is held as part of his managerial role, and he is excluded from the decision-making process regarding his remuneration and benefits.

During the year there were no trustee expenses (2024 – Nil).

Page 25 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

11. Volunteers

In 2024-25, our Volunteer Engagement Manager completed her first full year with the Charity and the difference in the quality of the way in which we engage with, and support volunteers has made a fundamental shift for the better. This has played a key part in increasing the significance of the work volunteers make to what we do. In order to develop new services, we recognise that the use of volunteers as opposed to more paid staff is the more sustainable route to follow.

Throughout the year we had the support of over 100 volunteers from which a core of 80 participate regularly. Volunteers, provide many services to our clients, including shopping, driving to health appointments, driving clients to and from clubs, cooking for lunch club, assisting at Memory Café, Lunch Club, Monday Makes, Baby Weigh & Play, Souper Thursday, VIP, and a wide range of other activities.

12. Tangible fixed assets

Motor Vehicle Equipment Total
£ £ £
Cost at 1st April 2024 2,400 37,217 39,617
Additions - 7,861 7,861
----------------------------------------- ----------------------------------------- -----------------------------------
Cost at 31st March 2025 2,400 45,078 47,478
Depreciation at 1st April 2024 1,800 26,124 27,924
Charge for the year 600 6,405 7,005
----------------------------------------- ----------------------------------------- -----------------------------------
Depreciation at 31st March 2024 2,400 32,529 34,929
----------------------------------------- ----------------------------------------- -----------------------------------
Carrying Amount 31st March 2025 - 12,549 12,549
============================= ============================= =========================
Carrying Amount 31stMarch 2024 600 11,093 11,693
============================= ============================= =========================
13. Debtors 2025 2024
£ £
Legacy 7,000 175,000
Trade debtors 10,279 5,468
Prepayments and accrued income 10,862 8,453
----------------------------------------- -----------------------------------
28,141 188,921
============================= =========================
14. Investments 2025 2024
£ £
Short-term deposits 121,139 3,308
====================== =======================
15. Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 2,260 7,577
Accruals and deferred income 4,583 5,623
Social security and other taxes 2,588 3,355
---------------------------------- ---------------------------------
9,431 16,555
======================== ======================

16. Pensions and other post-retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,324 (2024: £2,239).

Page 26 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

17. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At At 31 March
1 April 2024 Income Expenditure Transfers 2025
£ £ £ £ £
General funds 202,339 122,372 (94,587) (80,078) 150,046
============ ============ ============= ============ ============

At
At 31 March
1 April 2023 Income Expenditure Transfers 2024
£ £ £ £ £
General funds 93,188 259,202 (97,190) (52,861) 202,339
Designated funds 15,000 - (15,000) - -
----------------------- ----------------------- --------------------------- ------------------- --------------------------
108,188 259,202 (112,190) (52,861) 202,339
============ ============ ============= ========= ============

The funds are held so that the charity is in a position to continue offering the services in line with their charitable aims and objectives during periods of declining income, as laid out in the Treasurer’s Report and Reserves Policy.

The transfers between funds were due to the expenditure exceeded the income of those restricted funds.

Restricted funds

At At 31 March
1 April 2024 Income Expenditure Transfers 2025
£ £ £ £ £
National Lottery Fund Community 9,352 74,976 (25,025) - 59,303
Coronavirus - - - - -
Mental Health Work - 32,200 (39,527) 7,327 -
Meals on Wheels 1,815 - - - 1,815
Specialist Health Services - 17,926 (47,046) 29,120 -
Wellbeing 40,083 44,798 (39,529) - 45,352
Dartmouth United Charities - 50,000 (93,631) 43,631 -
Winter Fuel Allowance - - - - -
--------------- ---------------- ------------------- ----------------- ---------------
51,250 219,900 (244,758) 80,078 106,470
=========== ============ ============== ============= ===========
At At 31 March
1 April 2023 Income Expenditure Transfers 2024
£ £ £ £ £
National Lottery Fund Community - 42,975 (33,623) - 9,352
Coronavirus - - (12,181) 12,181 -
Mental Health Work - 26,952 (28,558) 1,606 -
Meals on Wheels 1,815 - - - 1,815
Specialist Health Services 3,730 27,218 (33,602) 2,654 -
Wellbeing 28,173 37,512 (25,602) - 40,083
Dartmouth United Charities - 50,000 (70,749) 20,749 -
Winter Fuel Allowance 6,091 3,006 (24,768) 15,671 -
--------------- ---------------- ------------------- ----------------- ---------------
39,809 187,663 (229,083) 52,861 51,250
=========== ============ ============== ============= ===========

The purposes of the restricted funds are detailed by the charity manager in the annual report, from page 7 onwards.

Page 27 of 28

Dartmouth Caring

Notes to the Financial Statements (continued)

Year ended 31 March 2025

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |18.|Analysis of net assets between funds|Unrestricted|Restricted|Total Funds| |Funds|Funds|2025| |£|£|£| |Tangible fixed assets|12,549|-|12,549| |Current assets|146,928|106,470|253,398| |Creditors less than 1 year|(9,431)|-|(9,431)| |--------------------------------------------------|----------------------------------------|--------------------------------------------------| |Net assets|150,046|106,470|256,516| |=|==================|=|===============|=|==================|=|=======|==================================| |Unrestricted|Restricted|Total Funds| |Funds|Funds|2024| |£|£|£| |Tangible fixed assets|11,693|-|11,693| |Current assets|207,201|51,250|258,451| |Creditors less than 1 year|(16,555)|-|(16,555)| |---------------------------------------------------|----------------------------------------|--------------------------------------------------| |Net assets|202,339|51,250|253,589| |=|==================|=|===============|=|==================|=|=======|==================================| |19. Net incoming/outgoing resources| |Net incoming/(outgoing) resources for the year include:|2025|2024| |£|£| |Depreciation of fixed assets|7,005|5,040| |=|==|==|===============|=|=|=|================|=|======|

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20. Commitments

The estimated total future minimum lease payments under non-cancellable operating leases are as follows:

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|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Not later than 1 year|12,000|12,000| |Over 1 year and not later than 5 years|24,000|36,000| |----------------------------------------|-----------------------------------| |36,000|48,000| |=|==================|=|========|=|========================|=|

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21. Post balance sheet events

A legacy was confirmed during the year, which is due to be received in full by mid 2025, with an estimated valuation of £7,000. As the legacy was known in the reporting year, it has been included within income in these financial statements.

22. Related parties

The trustees and key personnel are listed on page 3. There were no related party transactions during the year.

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