## DIGIT Registered Charity No. 1198086 ## **Annual Report and Financial Statements** For the period from registration 28 February 2022 to 31 March 2023 ## **Digit CIO Trustees’ annual report for the period from registration 28 February 2022 to 31 March 2023** **Full name:** Digit **Organisation type:** Charitable incorporated organisation ## **Registered charity number** : 1198086 **Principal address:** 1 Narborough Lane, East Ilsley, RG20 7LX ## **Trustees:** Derek Peaple Julie Price Thomas Lange Garry Poulson Yota Dimitriadi Andrew Csizmadia Shahneila Saeed ## **Independent examiner** Verdant Accountants ## **Governance and management** The charity is operated under the rules of its CIO Association adopted 28-02-2022. Trustees are voted in at a committee meeting and agree to serve and adopt all the charity policies and procedures. ## **Objectives and activities** The object of the CIO is to advance the education of the public (and in particular but not exclusively children and young people) in topics related to digital competency including coding and computational thinking and by providing and enabling active educational and technological activities to enable them to develop their skills, capacities and capabilities. ## **Summaries of the activities undertaken and public benefit** Digit is a not for profit, fully inclusive charity which focuses its serves schools and communities across the UK and sometimes internationally. The charity provides a focus on developing the digital skills of young people from underserved, underprivileged and underrepresented communities to enable them to develop their digital skills, become discerning users of technology and enhance their employability and digital prospects. This is achieved through in-community workshops, teacher and community leader training, provision of contextual digital resources, grants and awards. Children benefit either directly through the work of the staff, ambassadors, volunteers or indirectly through the upskilling of their youth, community leader or teacher. ## **Summary of the main achievements during this period** The charity has developed a strong network with schools and community groups, has provided summer camps and a significant amount of teacher training. This has ensured that young people from areas of high deprivation have had access to future digital skills training. ## **The charity’s police on reserves** The charity has kept a reserve of 4 months of wages for staff in case required. With a significant amount of bids submitted during this period, the charity is expecting significant growth. Signed on behalf of the charity’s trustees: Signed Date 10-01-2024 Derek Peaple, Chair of Trustees ## **INDEPENDENT EXAMINER’S REPORT** ## **Independent examiner’s report to the Trustees of Digit (Charity no 1198086).** I report to the trustees on my examination of the accounts of Digit the above charity(the Charity) for the period from registration 28 February 2022 to 31 March 2023 which are set out on pages 1-2. ## **Responsibilities and basis of report** As the charity trustees of the Charity, 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 Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that: - (1) In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts do not accord with the accounting records. - (2) I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Chaweevan Williams FCCA** Date: 27January 2024 Verdant Accountants Limited Chartered Certified Accountants 20-22 Wenlock Road London N1 7GU 3 |**DIGIT**|**DIGIT**|**DIGIT**|**1198086**|**CC16a**| |---|---|---|---|---| |**Receipts andpayments accounts**||||| |**For the period**
**from**|Registration
|**To**||| ||28/02/2022
||31/03/2023|| ## **Section A Receipts and payments** |**A1 Receipts**
**Unrestricted**
**funds**
**to the nearest**
**£**|**A1 Receipts**
**Unrestricted**
**funds**
**to the nearest**
**£**|**Restricted**
**funds**
**to the nearest**
**£**|**Endowment**
**funds**
**to the nearest**
**£**|**Total funds**
**to the nearest**
**£**|**Last year**
**to the nearest**
**£**| |---|---|---|---|---|---| |Grants & Donations|**139,521**|**3,488**|**-**|**143,009**|**-**| |SundryIncome|**24**||**-**|**24**|**-**| ||||||| ||||||| |**_Sub total_**_(Gross income for AR)_|**139,545**|**3,488**|**-**|**143,033**|**-**| ## **A2 Asset and investment sales, (see table).** |**A2 Asset and investment**
**sales, (see table).**|||||| |---|---|---|---|---|---| ||**-**|**-**|**-**|**-**|| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**|**-**|**-**|**-**|**-**|**-**| |**_Total receipts_ 139,545**
**A3 Payments**|||||| ||**139,545**|**3,488**|**-**|**143,033**|**-**| ||||||| |Insurance|**1,473**|**-**|**-**|**1,473**|**-**| |Charitable Activities|**949**||**-**|**949**|**-**| |Stationary& Office|**326**|**-**|**-**|**326**|**-**| |Professional Fees|**16,282**|**-**|**-**|**16,282**|**-**| |Rent & Rates|**780**|||**780**|| |Communications|**1,791**|||**1,791**|| |Wages & NI|**11,049**|**-**|**-**|**11,049**|**-**| |Sundryexpenses|**638**|**-**|**-**|**638**|**-**| |Recruitment|**500**|**-**|**-**|**500**|**-**| |||**-**|**-**|**-**|**-**| |**_Sub total_**|**33,788**|**-**|**-**|**33,788**|**-**| ## **A4 Asset and investment purchases, (see table)** |Purchase of hardware|**14,757**|**3,018**|**-**|**17,775**|| |---|---|---|---|---|---| ||**-**|**-**|**-**|**-**|| |**_Sub total_**|**14,757**|**3,018**|**-**|**17,775**|**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||| ||**48,545**|**3,018**|**-**|**51,563**|**-**| ||||||| ||**91,000**|**470**|**-**|**91,470**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**91,000**|**470**|**-**|**91,470**|**-**| |**Section B Statement**|**of assets and liabilities at the**|**of assets and liabilities at the**|**end of the period**|**end of the period**| |---|---|---|---|---| |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**|**to nearest £**
**Unrestricted**
**funds**|**to nearest £**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**| ||Bank Accounts|**91,000**|**470**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| ||**Details**
**_Total cash funds_**
(agree balances with receipts and
payments account(s))|**91,000**|**470**|**-**| |||OK|OK|OK| |||**to nearest £**
**Unrestricted**
**funds**|**to nearest £**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| |||**-**|**-**|**-**| ||**Details**|**Fund to which**
**asset belongs**|**Cost (optional)**|**Current value**
**(optional)**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||**Details**|**Fund to which**
**asset belongs**|**Cost (optional)**|**Current value**
**(optional)**| ||Hardware|**17,775**|**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||||**-**|**-**| ||**Details**|**Fund to which**
**liability relates**|**Amount due**
**(optional)**|**When due**
**(optional)**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||Signature|||Date of
approval| |||Derek Peaple||26/01/2024| |||Julie Price||26/01/2024|