## **THE DANDO CHARITABLE FOUNDATION** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 30 SEPTEMBER 2024** **REGISTERED CHARITY NUMBER 1197088** ## **THE DANDO CHARITABLE FOUNDATION** ## **CONTENTS** ||Pages| |---|---| |Statement of financial activities|1| |Balance sheet|2| |Notes to the financial statements|3 - 5| ## **THE DANDO CHARITABLE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024** |**Notes**
**Incoming resources**
Incoming resources from generating funds
Investment income
**2**
**Total incoming resources**
**Resources expended**
**Costs of generating funds**
Charitable activities (costs)
**3**
Governance costs
**4**
**Total resources expended**
**Net incoming/(outgoing) resources**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**2023**
**Unrestricted**
**funds**
**Totals**
**£**
**£**
**£**
10,845
10,845
2,252
**2024**| |---|---| ||10,845
10,845
2,252| ||62
62
95
8,800
8,800
4,815| ||8,862
8,862
4,910| ||1,983
1,983
(2,658)| ||1,983
1,983
(2,658)
1,144,858
1,144,858
1,147,516| ||1,146,841
1,146,841
1,144,858| 1 ## **THE DANDO CHARITABLE FOUNDATION BALANCE SHEET AT 30 SEPTEMBER 2024** |**Notes**
**Current assets**
Debtors
Cash at bank and in hand
**Creditors - amounts falling due**
**within one year**
**6**
**Total assets less current liabilities**
**Capital and reserves**
Unrestricted funds|**£**
**£**
**£**
**£**
-
-
1,147,841
1,145,758
1,147,841
1,145,758
(1,000)
(900)
(1,000)
(900)
1,146,841
1,144,858
1,146,841
1,144,858
1,146,841
1,144,858
**2024**
**2023**|**£**
**£**
**£**
**£**
-
-
1,147,841
1,145,758
1,147,841
1,145,758
(1,000)
(900)
(1,000)
(900)
1,146,841
1,144,858
1,146,841
1,144,858
1,146,841
1,144,858
**2024**
**2023**| |---|---|---| |||| |||1,144,858| |||1,144,858| |||1,144,858| The financial statements were approved by the trustees on 9 June 2025 and signed on their behalf by: Mr G Sheppard 2 **THE DANDO CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024** ## **1 Accounting policies** ## 1.1 Accounting convention The financial statements are prepared under the historical cost convention. The accounts have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice: Accounting by Charities (SORP). ## 1.2 Tangible fixed assets and depreciation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follow: |Freehold property|nil%| |---|---| |Plant and machinery|15% reducing balance| |Motor vehicles|25% reducing balance| No fixed assets are currently owned. |**2**
**Interest receivable and similar income**
Bank interest
**3**
**Charitable activities (costs)**
Stationery, postage and advertising
Sundry expenses
**4**
**Governance costs**
Accountancy
Legal and professional fees|**2024**
**2023**
**£**
**£**
10,845
2,252| |---|---| ||10,845
2,252| ||**2024**
**2023**
**£**
**£**
14
78
48
17| ||62
95| ||**2024**
**2023**
**£**
**£**
1,000
900
7,800
3,915| ||8,800
4,815| 3 **THE DANDO CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024** ## **5 Taxation** The organisation is a registered charity (number 1197088) and has no liability to taxation. |**6**
**Creditors - amounts falling due within one year**
Accruals|**2024**
**2023**
**£**
**£**
1,000
900| |---|---| ||1,000
900| ## **7 Merger with the Sergent Memorial Trust** With effect from 1 October 2023, the charity merged with the Sergent Memorial Trust (SMT) The combination of the two charities is treated as a merger under the Charities SORP (FRS 102). The Dando Charitable Foundation (DCF) will be the future reporting entity for the merged charities Merger accounting involves aggregating the assets, liabilities and funds of the combining charities and presenting them as though they had always been part of the same reporting charity. As a result, the 2022/23 comparative figures show the combined assets, liabilities and incomes of the two charities as if they had been one charity in that year. Further disclosures concerning the merged entities that are required by the Charities SORP (FRS 102) are set out at notes 8 to 10. ## **8 Statement of financial activities for the current reporting period** |Income
Expenditure|Post-
Totals
SMT
DCF
merger
£
£
£
£
-
-
10,845
10,845
-
-
(8,862)
(8,862)
Pre-merger| |---|---| ||-
-
1,983
1,983| 4 ## **THE DANDO CHARITABLE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024** ## **9 Statement of financial activities for the previous reporting period** |Income
Expenditure
**10**
**Analysis of net assets at the date of merger**
Net assets
Unrestricted funds|SMT
DCF
Totals
£
£
£
2,252
-
2,252
(4,910)
-
(4,910)| |---|---| ||(2,658)
-
(2,658)| ||SMT
DCF
Totals
£
£
£
144,858
-
144,858| ||144,858
-
144,858| 5