## **Trustees’ Annual Report for the period from 1 February 2023 to 31 January 2024**
## **Charity name: IOW DEFIBRILLATORS**
**Charity registration number: 1197068**
## **Objectives and Activities**
||SORP
reference||
|---|---|---|
|History and Structure||The charity was initially established as a
company limited by guarantee (reg no
13115611) on 6 January 2021. During the
financial year, the trustees decided that the
charity would be more appropriately structured
as a Charitable Incorporated Organisation
(CIO) and the special resolution to carry out this
conversion was passed on 23 January 2023.
The conversion to CIO status was confirmed by
the Charity Commission on 27 February 2023.
The charity is a small organisation led by a
Board of four trustees, all of whom are
volunteers.|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the charity are:
to advance the awareness and
importance of life saving CPR and
defibrillation on the Isle of Wight, by
developing effective relationships
between schools, clubs and businesses.
To hold CPR and defibrillator awareness
classes in local communities|
|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.|Para 1.17
and 1.19|The main activities of the charity are to hold
fundraising community events and develop
relationships between clubs, businesses and
schools to raise funds which can benefit local
communities.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In planning activities and utilising funds,
trustees have due regard to the guidance on
public benefit issued by the Charity
Commission|
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**Additional information**
||SORP reference||
|---|---|---|
|Contribution made by
volunteers|Para 1.38|All the charity’s functions and activities are
dependent on the time and dedication
given willingly by its volunteers. The
charity is always thankful for their support.|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|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|2023 was another successful year for the
charity. In total, xx defibrillators were sited
in public access locations in communities
across the Isle of Wight.
We were fortunate and grateful to receive
event donations from Waverley Park?
_I’d like to include some numbers and stats_
_here, how many defibs installed, how many_
_awareness classes etc? Charities should_
_be testing their achievements against goals_
_and targets_|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|As trustees, we are constantly striving to
increase the amount we raise each year.
The trustees are therefore pleased to
report that the charity’s income increased
from £33.1k to £36.6k year on year.||
|---|---|---|---|
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## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|After recording a small loss in the first year
of operations, the charity was pleased to
report a surplus since. The charity’s cash
reserves at the end of the year were
positive at £1,954.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity takes great care to match
expenditure with income, so that all major
purchases of defibrillator or ancillary
equipment are covered by donated funds
that are either in hand or contractually
committed.
The charity seeks to hold reserves
sufficient to cover any short-term financial
commitments should it cease operations for
any reason.|
|Amount of reserves held|Para 1.22|Approximately £1,000 to £2,000|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees are confident that the charity
has and will continue to have sufficient
reserves to cover any financial
commitments. They therefore do not have
any uncertainty over the charity’s going
concern status.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
The charity’s principle source of funding is
from donations from businesses and other
organisations who then fund and choose a
defibrillator package.|
|---|---|---|
|A description of the principal
risks facing the charity|Para 1.46|The principle risks facing the charity would
be from reliance on such a small group of
volunteers.|
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## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|Written charity constitution|
|How is the charity
constituted?|Para 1.25|Charitable Incorporated Organisation (CIO)|
|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|Trustees are appointed or reappointed at
the Annual General Meeting|
## **Additional information**
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|Policies and procedures have been
prepared for the induction and training of
any new trustees.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity operates as an independent
body from any statutory/governmental body
or chariity. We do however adopt the
guidelines of safeguarding and risk
management from a variety of professional
organisations.|
|Relationship with any
related parties|Para 1.51|There are no related party transactions or
relationships|
|Other|||
## **Reference and Administrative details**
|Charity name|IOW DEFIBRILLATORS|
|---|---|
|Other name the charity uses|IOW DEFIBS|
|Registered charity number|1197068|
|Charity’s principal address|Flat 6, Westhill Manor
9 Westhill Road
Shanklin
Isle of Wight
PO37 6PU|
|||
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## **Names of the charity trustees who manage the charity**
|1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted**|**Name of person (or body)**
**entitled to appoint**
**trustee (ifany)**|
|---|---|---|---|---|
||Stephen Read||01/02/21 to 31/01/24||
||Kylie Day||01/02/21 to 31/01/24||
||CherryScudder||01/02/21 to 31/01/24||
||WendyRead||01/02/21 to 31/01/24||
||||||
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** S READ
**Full name(s)** STEPHEN READ
**Position (eg Secretary,** TRSUTEE **Chair, etc)**
**Date** 1[ST] MAY 2024
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## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
> **Report to the trustees** IOW Defibrillators **On accounts for the year** 31 January 2024 **Charity no** 1197068 **ended (if any) Set out on pages** 1 to 6 above and in the CC16a Receipts and Payments Accounts attached.
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 January 2024.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts 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.
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## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did 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.
- Please delete the words in the brackets if they do not apply.
|**Signed:**
**Name:**
**Relevant professional**
**qualifcaton(s) or body (if**
**any):**
**Address:**||**Date:**||
|---|---|---|---|
|||||
||SELINA POWDER|||
|||||
||ASSOCIATION OF ACCOUNTING TECHNICIANS|||
|||||
||Allegri & Co|||
||Accountants & Tax Consultants
16c Sandown Road
Lake
Isle of Wight
PO36 9JP|||
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