REGisfERED CHARITY NUMBER: 1200374 and al Sthtem ts for Year March 2 DMW Khadka Aecountoncy Services Ltd Chan¢red A¢¢ountants 220 Th¢ Val¢ Londo NWII 8SR
DMW TR CoTht for of the Financial Statements e Year l Marc 25 Kepori of the Trusiees i to 2 Indep¢ndent Examin¢rt Report Statement of Financial Aciivili Balan¢e Sheet Notes to the Financiol Statement5 D¢tail¢d Siatemeni of Financial A¢tivitles 10
DMW TR Re ort of the Trustecs Y rEnded3l h 2025 The Trustees PTesent their report and the ind¢peDden¢ty ¢xamined financial stat¢ment5 of fhe charity for ihe period thded 31 March 2025.The trustees havc adopted Ihe provÉsior15 of the Siaiement of Retommended Practic¢ { SORP) "Accountitlg and Reporting by Charities" prePing th¢ annual and flnancial s¢atem¢oi of the charity. The finan¢ial statements have been prepared in accordance with a¢¢ouniin8 policies set out in the notes lo ihe accounts ond comply with ttle charitys governing document, the Charities Aci 2011 and A¢couttcin8 and ReportinB by Charities.. Siaiemenl of Recornm¢nded practice applicable to charilies preparing accounts in a¢Cord8te with the Financial Reportin8 Standard applicable in the UK and Republic of Ircland wblished ID October 2019. FINANCIAI. REVIEW RE5erve$ policy It is ihe policy of the charity to mainlain unrestricted fund5. which or¢ the fTtt reserves of thc charity. at R level which equaics to approximately six months unre$lri¢ied expendiiure. This provides 5uificieni fijnds to eover managem¢iit and dminislration Jnd support ¢osts.UnreslTicied fvtuls wett maintained ar this Icvel throughoui th¢ yur. GolNg eon¢er Th¢ financial statements have b¢¢n prepared on a going cort¢¢rn basi5 as the trusiees believe that no material uncertainties exisi. The I$1¢¢S have considered Ihe level of held and the exwted lev¢1 of income and expenditure for 12 monihs from auihorising these financial staiem¢ni$. The bud8eied income and expendilure is S1£1¢t with th¢ lèvel of resery¢8 for the chlty lo be able to coniinue o goin8 eoncern. STRUC'I'UR& GOVF.RNANCE ATr4D MANAGEMENT Covernirhg Ilocument The charity 1$ controlled by its gov¢mhn8 documeni, A deed of trust and constitutes an urtincorporhr¢d thaTIty. REFERb.NCE AND ADMINISTRATIVE DETAIIS Regl$tcr¢d ChArlty numb¢r 1200374 Priticlpll #ddr¢ 220 TIIE VAI.,r. LONDON NWII 8SR Trustees MrA O WblSSBRAUN Mr M Weissbraun Mr8 D Weissbroun Mr I Wci$sbraun Independent Eiaminer N Khadka ACA FC.CA Khadka Accouthian¢y Service5 L4d ChArtered Accountants 220 Th¢ Val¢ London NWII 8SR srATEMENT OF TRUSTbF.S' RESPONSIBILITIES The trustees art responsible for preparing lh¢ Report of the Trustees and the finan¢ial statements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Genernlly Accepted A¢UAling Praclice) including FÈnancial R¢wJrting Standard 1tr2 "The Finaftcial Reporfing Standard •ppli¢abl¢ in the UK and Republic of Ireland" Pag¢ I
DMW TRUST ort of the for the Year l March 202 STATEMENT OF TRUSTEES, RESPONSIBILITIES- eontinued The law applicable to ¢haritie$ in England and Wales, the Charities Act 2011, Charity (Accou[ and Report51 Regulations 2008 and the provision5 of the trust deed requires the trustees lo pr¢pare financial 5tatemeots for each financial y¢ar which give a Iw¢ and fair view of the Slate of affairs of the charity and of the incoming r¢$ources and application of resources, including the income and expxndilwe, of the dwity for that period. In preparing those rinancial slat¢m¢nts. the In¢¢¢$ ore requircd to select suitabl¢ accounting poli¢i¢s and then hpply them ¢oThsistently: observ¢ th¢ methods and principles in the Charity SORP; make judgement5 and estim8t¢s that aTe [sOnab and prudent: prepare the financial siatement5 on the going con¢¢rn ba5i$ wiless it i8 inappropriote to presume tha¢ the ¢h&rity will Continue in bu$iness. The t$t¢¢5 are responsible for keeping proF¢r ac¢(wn¢in8 reeords which di%lose with reasonabl¢ aVrncY at any time the finan¢ial position of the charity and to enable them to ¢nsure that the fuwicial statemefits comply with the Charities Act 2011, the Charity (A¢¢ounts and Reports) R¢guiJliotLS 2008 and the provision5 of the trust deed. They Are Also responsible for 58feguarding lh¢ assets of the chariry and hence for thking r¢asonpbl¢ step for the pr¢v¢n¢ion and detection of fraud and other irregul4rili¢s. Approved by order of the boArd of tru51¢es M 9 Fetrfuary 2026 ond sigrted on its behalf by.. Iv. Mr M Weissbr4uTh. Trustee Page 2
endefftt Examin&s R¢ MW TRUST rttotheT ieesof Independ¢nt examiner's report to th¢ trustets of DMW TRUST S report to the charity Inisttts on my examination of the accounts of DMW TRUST (the Tt) for the y¢ar ended 31 March 2025. Respoth$lbillties bA5is or r¢porl As the charity ITusi¢es of the Trust you ar¢ responsib for the preparniion of the accounts in accordan¢e with the requiremet51S of the Charities Act 20111'th¢ Act.). I report in respect of my examination of the Tru5t'5 accounts carried ow un(kr Section 145 ofthe Act and in eanying out my examinaiion I have followed all applicable r)ire¢iions 8iv¢n by the Charity Commission under Section 145(51(b) or the Act. Independent ¢X8mintr's statement I have completed my examination. l ¢onfinn thai no mawiyl matters hav¢ come io my attention in connection with Ihe ¢x8mination giving me cause to believe th81 in any malcrial respect= aceout)ting records were not kepi in r¢5peet of the TNs¢ 45 requiryl by Se£iion 130 of the Act. or th¢ accounis do not accord with those re¢ords- or the accounts do not comply with the applicable requirem¢nts t¢¢m1&the fonn cont¢nt ofaccouThls set out in the ChArilies {Accounts and RepDris) R¢&ulation$ 2008 other thath any requirement thai the a¢Unts give a true and fair Yi¢w which 15 noi a matter cot)sider¢d as part oran independent examination. I huve no concerns and have comc a¢r055 no oiher mattern in connection with the examinAtion lo which attention should b¢ drawn in this report order to enNbl¢ a Proper undersianding ofihe a¢¢ounts lo be reHched. N Khadka ACA FCCA Th¢ Inststut¢ ofchartered AccountlS in England and Wales Khadka Ac£ountan¢y SeTViCU Lid Chgrtered Accountants 220 The Vole London NWII 8SR 9 Feimwary 2026 Page 3
DMW TRUST statem t of Finan¢ial Activities foi the Year Ende March 202 31.3.25 Unrestricted fund 31.3.24 Total funds Not INCOME AND ENDOWMENTS FROM Donation5 and le8acies 50.000 85,002 oth income 95 TotAI 50.095 85,002 EXPtr.NDITURE ON Charit4bl¢ Activities Donation lo charities 64.949 5,000 Other 1,076 Total 66.025 11,600 r4ET INCOMEI{F.XPENDITURE) (15,930) 73,402 RECONCILIATION OF FUNDS Total fijnds brought fonvard 530,425 457.023 TOTAL FUNDS CARRIED FORWARD 514,495 530.425 The notes fomi part of thts¢ financial statements
DMW TRUST Balan 3IMa Sheet h 2025 31.3.25 Unr¢5tricted fund 31.3.24 Total furtds Notes FIXED ASSETS Invcstments 457.423 457,423 CURRENT ASSETS Debtors Ch5h ai baDk and in hand 3.127 54,425 41,998 31,404 57,552 73,402 CREDITORS Amounts falling due within one year (480) (400) NET CURRENT ASSETS 57.072 73,(2 TOTAL ASSETS LFSS CURRENT LIABILITIES 514.495 530,425 NET ASSETS 514.495 530,425 FUIYDS Unrestricted funds.. G¢n¢TNI fund 514,495 530.425 T(YfAL FUNDS $14,495 SJO,425 Th¢ financial statements were approved by the Board of Th1¢¢3 and authorijtyj for issu¢ oth 9 FebNary 2026 and were signed on i15 behaifby= Mr M W¢iss Tr notc5 fom) part of thes¢ fu¢1a1 s¢atemcTIts
DMW TRUS tes to the Financial Si for the Year ded31 Ma emenis 25 ACCOUNTING POLICIES Bas1$ of prep*YAng the fin#n¢ial slatement5 The charity constitutes a public benefit epiity a5 defined by FRS 102. The financial statements hve been prepared in a¢cordan¢e with Accounting 8nd Reporting by Chari¢ies.' StaleEnent of Recommended PractiLe applicable 10 ¢haritie5 preparing their accounts in accordance wilh the Financial Reporting Standard applicable iji the Uniied Kingdom and Republic of Ireland IFRS 102), the Chariiies Aa 2011. and UK Generally Accepted Accounting Praclice. Tlie finan¢ial 51atemeni$ have bem prepared to give a and faiv view and have departed from ihe ChaTilies ( Accounts and Kcpvrisl Re8ulation 2008 only to Ihe extent rEquired to provide a tru¢ and fair view. This d¢parture has involved following the Ac¢ounting and R¢p)rting by Charitie5: Statejnent of Re¢ommended Practice applicable to charities preparing Ih¢ir aecounts in accordance with the Finan¢io1 Reporting Standard pplicable ID ihe UK aTLd Republic of IrelatKi i$3ued in O¢tob¢r 2019. The financial staicments ar¢ prepared on a Boing con¢¢rn b05iS Utwkr the hESrital convention, modified io include ¢ert8in iletn5 ai fair value. In¢ome re¢ognltion All income is recogni5ed in th¢ Stitemeni of Finaftcial Aciivities ortce the ¢h8rity has entitlement to the funds, It is probable that Ihe income will be received and the amount be me•8Utrd reliAbly. •xp¢fldtturt Li&biliti¢s are recogrtised as expenditure Is soon as there is a le8al or ¢on51rytlive obligation eommitting the charity 10 ihal ¢xpendiiure, il is probabl¢ Ihat a Iransf¢r of economi¢ erits will b¢ required in $¢ttl¢mctht and th¢ amount of the obligaiion cyn be measwed reliably. Expendilure is accounied for on an accruals basi5 and has be¢Th c12ssifi¢d under headings thal aggregale all cost related to the uwgory. Where costs cannol b¢ dirtcily attributed to particulir headings ihey have been allrt&ted io tI¥ll1t5 on a b951$ ¢onsisi¢nt with the u8e of resour¢¢s. Grants offered subjeci io conditions which hv¢ noi b¢¢n met at the y¢pr end date are noied as a ¢ommithient but nor accrued as expenditure. TaxAilon 'I'he charity is ¢xempt from tax on its ¢h8ritabie •ctivitiu. FuDd aceountln8 UtJrestri¢led funds be used in 4ccordance with the charitable objeciives at ihc discli0n of the Iruste¢s. R¢strieted funds only b¢ used for particul#r restrict purpos¢s within the obJIS of ihe ch&rity. Resiriction¥ arise wh¢n specified by ihe donoror when ndS •re raised for partiujlar r¢strictul pur). TRUSTEFS, REMUPIERATION AF4D BENEVIIS There were no 1TU5tees' remuneration or other benefits for the year en(kd 31 Mgrch 2025 nor for Ihe yw ended 31 Msrch 2024. Tru5tees' exp¢n5e There wore no Mtte$, exp¢nsts piid for the year etKled 31 March 2025 nor for the year ended 31 March 2024. Page 6 continu¢d..-
W TRUST 10 the Trinan al Slatemenis- continu e Year Ended 31 March for 25 COMPARATIVES FOR THE STATEMEf4T OF FINANCIAL ACTIVITIES Unre8tri¢ted fut INCOME AND ENDOWMENTS FROM Donations and legacie5 S5,2 EXPF.NDITURE ON Chhritable #ctivities Donation to charities I i,IK)O Other 600 Tol81 11,600 NET IP4COMK 73.402 KTr.C.ONCILIATION OTr FUNDS Total funds bruu8hi forward 457,023 TOTAL FUNDS CARRIED FORWARD S30,425 FIXF.D ASSFT INVESTMENTS Fixed Asse¢ investment comprised of10 pettent holdings in the 5hir¢ capital of Ockway House iAd, a wmpany gislered in England and Wells. DEBTORS: AMouNfs FAI.LING DUE WITHIN OP4E YEAR 31.3.25 31.3.24 Oih¢r debtors 3,127 41.998 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other ereditors 480 400 MOVEMENT IN FUNDS Nct movement in funds At 31.3.25 At 1.4.24 Unreslrlfted funds General fund 530.425 (15,930) 514,495 TOTAL FUNDS 530,425 (15,930) 514.495 Page 7 continued..
DMW TRUST Not¢ for the Fina cial Stitements- Year Ended 31 M h 2025 inued MOVEMENT IN FUNDS- continued Net movement in funds. included in the above are as follows: In¢omin8 Re50urtts c&s ¢xpend¢d MovEm¢nl in fvnd5 Unrestrlcted funds General fund 50,095 (66.025) (15,930) TrAL FUNDS 50,095 (66.025) {15,930) Coinpsratlvu for movement In funds movement in funds At 31.3.24 At 1.4.23 Unrestrl¢¢ed funds G¢neral fund 457,023 73,402 530,425 TOTAL FUIYDS 4S7,023 73,402 530.425 Comp&rativ¢ n¢1 movem¢nt funds. lrt¢luded in the &bov¢ ¥e as follows.. Inwmlng resource5 Resour¢es expended Movement in fijnds Unrestrlcted funds GeDeral fund 85,002 (11.600) 73,402 TOTAL FUNDS 85.002 {11.600) 73,402 A cunrnt y¢ar 12 monihs and prioryear 12 months wbined positi¢)n is as follows: Nct mov¢ment in funds At 31.3.25 At 1.4.23 Unrestrleled funds General fvnd 457,023 37,472 514,495 TOTAL FUNDS 457,023 57,472 514,495 Page 8 coniinued.-.
DMW TRUST No es to the the Year incial Statemertis- continued ded31 M rch202 MOVEMENT IN FUNDS- eoTrtinu¢d A current year 12 Tnonih$ and prioi year l2 months combined net movem¢nt in fut)ds, included in the abov¢ aye as follow$'. Incoming Resources ¢xp¢nded Move]nent in fund$ Unrestricted fund5 CJeJeral fund 135,097 (77,625) 57,472 TOTAL FUNDS 135.097 (77,625) 57,472 RELATKD PARTY DISCLOSURFS During ihe year omounts ow¢d by Ledek Tru51 ai 31 March 2025 amounted 10 £3.12712024 41,998>. 7Kdek Trust is a r¢lated party as orte of the In]siee$ of the chariry. Mr Micha¢l Weissbrnun is also a tTU5tee of Z¢dek Tn]st. Page 9
DMW TRUST Delailed Statement of Financial ActlVLIi ror he Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donalion5 legacl Donaiions 50.000 85.002 Other incom¢ Inieresi received 95 Tolal Ineomlng r¢sollrc¢s 50.095 85,12 EXPENDITURE Charltablt aetlvltl Grants lo inslilulions 64,949 11,000 uther Sundrie5 36 Support costs Governance cost5 Accounian¥y and l¢gal fees 1.040 600 TotAI resouites expended 66.025 Net (expendlturoylneome (15,930) 73,402 This page docs not form part olthe sta(utory financial sratemeDts Page 10