Charity Number: 1190823 Company Number: CE023553 ## DoIt4Loui Annual Report and Financial Statements For the year ended 05 April 2022 DoIt4Loui Company Information For the year ended 05 April 2022 ## **Trustees:** ## **Registered office:** **Bankers:** Mr T Aspinall Mrs E Harvey Mr D Jones Mr M Wood 406 Atherton Road Hindley Green Wigan Lancs WN2 4QD Lloyds Bank PO Box 1000 Andover BX1 1LT ## DoIt4Loui Trustees & Directors Annual Report For the year ended 05 April 2022 ## **Review of the year** We are a wholly voluntary charity with no paid workers at present and do not see this to change in the near future. Our capital reserves increased by £11,000 over the year thanks to the selfless organisational work of the Trustees and committee and help from our very loyal supporters who have committed time and effort to raising funds. Events are well supported locally raising awareness of child drowning prevention and the community development gained is immeasurable. We gave grants to families for infant swim survival training to the value of over £3,000 in the year Future objectives in addition to subsiding the cost of infant swim survival training for families who may be struggling financially include supporting the costs of training for swim survival instructors and aiming for our own dedicated pool facility. ## **Management Policy** The Trustees recognise that continuity of leadership is vital with regular communication between Trustees, Committee, volunteer supporters and the public Social Media management plays a key part in this and is addressed as a priority. Policies are in place for the Charity management and all the Trustees are aware of their responsibility. ## **Directors’ responsibilities** The directors (who are also Trustees of DoIt4Loui) are responsible for preparing the Trustees report and the financial statements in accordance with applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare the financial statements for each financial year, which gives a true and fair view of the state of the company and of the surplus or deficit of the company for that period. In preparing those financial statements the Trustees have: - selected suitable accounting policies and applied them consistently - observed the methods and principles in the Charities SORP - made judgements and estimates that are reasonable and prudent - stated whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepared the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware: - there is no relevant information of which the group’s accountant is not aware; and - the Trustees have taken all steps they ought to have to make themselves aware of any relevant accounting information and to establish that the accountant is aware of that information. - This report has been prepared in accordance with the special provisions for small companies under Part 15 of the CompaniesAct 2006. Approved by the Trustees on _____05/01/23________________ **2022** Date: _____05/01/23_____________ DoIt4Loui Statement of Financial Activity For the year ended 05 April 2022 **£** ## **Incoming resources** Donations and merchandise sales 19,099 **Total incoming resources** 19,099 ## **Resources expended** Grants provided for Swim Survival training 3,209 Merchandise purchases, web costs 4,295 **Total resources expended** 7,504 **Net income resources** Net income for the year 11,595 **Total funds as at 05 April 2022** 62,801 DoIt4Loui Balance Sheet For the year ended 05 April 2022 **Notes 2022 Current Assets** Cash at bank and in hand 62,801 **Current Liabilities** 0 **Net Current Assets** 62,801 **Net Assets** 62,801 **Funds** Retained earnings 62,801 **Total Funds** 62,801 These financial statements have been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006. Approved by the Trustees on _____05/01/23___________ **Trustee – Timothy Aspinall** ## DoIt4Loui Notes to the Financial Statements For the year ended 05 April 2022 ## **1 Accounting Policies** The principal accounting policies adopted in the preparation of the financial statements are set out below: ## **a) Basis of preparation** The financial statements have been prepared under the historical cost convention and comply with the Statement of Recommended Practice “Accounting and reporting by Charities” issued in March 2005 (SoRP 2005) and the Charities Act 2011. ## **b) Fund accounting** General funds are available at the discretion of the directors in furtherance of the general objectives of the Company. Restricted funds are funds subject to specific restrictive conditions imposed by funders or by the purpose of the grant. ## **c) Donations and grants** Income from donations and grants, including capital grants and donations, is included in incoming resources when these are receivable, except when they relate to future accounting periods or when the donors or grantors impose pre-conditions that have not been met. In these cases, the income is deferred until the future period and/or the conditions have been met. Where conditions are imposed which restrict the use of the income to specific purpose then it is included in incoming resources under restricted funds when it is due. Grants received in respect of capital expenditure, which may be repayable in certain circumstances, are treated as restricted funds and included in incoming resources in the year of receipt. They are released to unrestricted funds, in so far as any restrictions have been met, by means of a transfer each year to match the depreciation charged. ## **d) Fundraising income** Income from fundraising events is recognised in the period in which the event takes place. Income for specific purposes is included in restricted funds. ## **e) Expenditure** Expenditure is classified under the principal categories of charitable and other expenditure rather than the type of expense. ## 2 **Current Liabilities** Other creditors 0 ## 3 **Corporation tax** The company is a registered charity and is entitled to claim annual exemption from UK corporation tax under s505 ICTA 1988. ## 4 **Capital commitments** The company and group had no capital commitments at the year-end (2022 £NIL) **2022**