Registered Charity Number 1200490 

## **THE DAYSPRING** 

## **Report and Accounts** 

31 March 2025 



## **THE DAYSPRING** 

**REPORT AND ACCOUNTS For the year ended 31 March 2025** 

## **Contents** 

||Page|
|---|---|
|Legal and Administrative information|2|
|Trustees’ Report|3|
|Accountant’s Report<br>|5|
|Statement of Financial Activities|6|
|Notes to the Financial Activities||
|(inclusive of detailed Income and Expenditure)<br>|8|



1 



## **THE DAYSPRING REPORT AND ACCOUNTS For the year ended 31 March 2025** 

## **Legal and administrative details** 

|**Trustees:**|Michael Dike - Chairman|
|---|---|
||Ofunne Joy Uyanwune|
||Edith Ariyo|
|**Accountants:**|Fortune Associates|
||(Accountancy Services)|
||28 Armada Court|
||London|
||SE8 3EZ|
|**Bankers:**|NatWest Plc|
||Glossop Branch|
||Norfolk Square|
||Glossop|
||Derbyshire|
||SK13 8BR|
|**Registered Office:**|102 Mona Road|
||Chadderton|
||Oldham|
||OL9 8ND|
|**Charity Number:**|1200490|



2 



## **THE DAYSPRING** 

## **Trustees’ Report** 

The Trustees present their report and the financial statements for the year ended 31 March 2025.  The financial statements have been prepared in accordance with the accounting policies set out on page 8 and comply with the statement of recommended Practice (SORP 2005) and applicable law. 

## **CONSTITUTION, OBJECTIVES AND POLICIES** 

The organization became a Registered Charity on the 27 September 2022 with the Charity Commission (Charity No. 1200490). 

## **The objectives of the Charity are** : 

General Charitable Purposes, education/training, the advancement of health or saving of lives. The prevention or relief of poverty, economic/community development/employment, recreation and other Charitable Purposes. 

## **Who the charity helps:** 

Children/young people, elderly/old people, people of a particular ethnic or racial origin and the general public/mankind. 

## How the charity helps: 

We run a free book reading club, befriending, socials with recreational activities and guest speakers. Relieve of poverty through charity shop and food bank. We also provide educational support for all age groups including black and ethnic minorities and asylum seekers. 

## **The trustees who served during the year were:** 

Michael Dike - Chairman Ofunne Joy Uyanwune Edith Ariyo 

3 



## **TRUSTEES RESPONSIBILITIES** 

Charity Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the situation of the charity at the year’s end and of its incoming resources and resources expended for that year.  In preparing those financial Statements the trustees are required to: 

- select suitable accounting policies and apply them consistently, 

- make judgement and estimates that are reasonable and prudent, 

- prepare the financial statements on the ongoing concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting 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 Charities Act 1993.  They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

This report was approved by the board of trustees and signed on its behalf by 


Michael Dike Chairman For the Trustees 

4 



## **Accountant’s Report** 

**Report to the Trustees/members of:** The Dayspring **On accounts for the year ended:** 31 March 2025 **Charity No:** 1200490 

## **Respective responsibilities of trustees and accountants** 

The charity’s trustees are responsible for the preparation of the accounts.  The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: 

- Examine the accounts under section 145 of the Charities Act, 

- To follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and 

- To state whether particular matters have come to my attention. 

## **Basis of independent examiner’s statement** 

My examination was carried out in accordance with general directions given by the Charity Commission.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view, and the report is limited to those matters set out in the statement below. 

## **Independent examiner’s statement** 

In connection with my examination, no matter has come to my attention: 

- 1) which give me reasonable cause to believe that in any material respect, the requirements: 

   - to keep accounting records in accordance with section 130 of the Charities Act. 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 

- 2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. 

## Signed: JoshuaSokoya 

## **Name: Joshua Sokoya** 

Date:  17/06/2025 For and on behalf of FORTUNE ASSOCIATES 

5 



## **THE DAYSPRING** 

## **STATEMENT OF FINANCIAL ACTIVITIES** 

For the year ended 31 March 2025 

|<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br>|**2025          2024**<br>**Unrestricted Funds**<br>**Notes**<br>**£                   £**<br> **Incoming Resources**1<br>Donation                                                                                         -               330<br>Honorarium                                                                               250                   -<br>Other Income - -<br> **Total Incoming Resources**<br> **250330**<br> **Resources Expended**2<br>Support Cost of Activities                                                           -<br>Management & Administration Costs<br> 767 693<br>**Total Resources Expended**<br> **767693**<br>**Net Incoming/(outgoing) Resources**<br>**(517)           (363)**<br>**Funds Brought Forward527  890**<br>**Total Funds Carried Forward**<br> **10527**|
|---|---|




**Michael Dike Chairman For the Trustees** 

6 



## **THE DAYSPRING** 

## **Balance Sheet** 

|**THE DAYSPRING**<br>**Balance Sheet**||||
|---|---|---|---|
|**as at 31 March 2025**||**Unrestricted**|**Funds**|
||**Notes**|**2025**|**2024**|
|||**£**|**£**|
|**Current Assets**||||
|Bank Balances|4|260|1,027|
|**Current Liabilities**||||
|Creditors Payable within one year|5<br>|(250)|(500)|
|**Net Current Assets**||**10**<br>|**527**|
|**Total Net Assets**||**10**<br>|**527**|
|**The Funds of the Charity**||**10**<br>|**527**|



In approving these financial statements as Trustees of the Charity we hereby confirm that we acknowledge our responsibilities for: 

(1) ensuring that the Charity keeps proper accounting records. 

(2) preparing financial statements which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of its surplus or deficit for the year. 

The financial statements were approved by the board and signed on its behalf by 


Michael Dike Chairman For the Trustees 



## **THE DAYSPRING** 

## **Notes to the Statements of Financial Activities for the year ended 31 March 2025** 

## **Accounting Policies** 

## **Basis of Accounting** 

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued by the Charity Commission. The accruals basis of accounting has been adopted, and the principal accounting policies set out below are applied consistently. 

## **Fund Accounting** 

Unrestricted funds are available for use at the discretion of the Charity in furtherance of its charitable objectives. 

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or contained in the terms of a grant. 

## Incoming Resources 

All incoming resources are included in the statement of financial activities when the charity is entitled to, and virtually certain to receive, the income and the amount can be quantified with reasonable accuracy. 

|||**2025          2024**||
|---|---|---|---|
||**Notes**|**Unrestricted Funds**||
|||**£                      £**||
|**Incoming Resources**|1|||
|Donations||-                 330||
|Honorarium||250  -||
|**Total Incoming Resources**||**250330**||
|**Resources Expended:**||||
|**Support Cost activities**|2|||
|Honorarium||**200**-||
|||200  -||
|**Management & Administration**|3|||
|Printing & Stationery||9                   52||
|Equipment expensed||-                 299||
|Refreshment||-                   30||
|Subscription||187                  62||
|Legal Fees||121                     -||
|Professional Charges||250 250||
|||**567** **693**||
||||8|
|**Monetary Asset**|4|£||
|Bank Account Balances:||260||





**Creditors:** Professional Charges          5                                          250 



2025-06-17 

## Report and Accounts 2025 

## Final Audit Report 

Created: 2025-06-17 By: Joshua Sokoya (fortciates@yahoo.com) Status: Signed Transaction ID: CBJCHBCAABAALjVjigjjKPyl-uo-YiMF2DcrcFLgQAUS 

## "Report and Accounts 2025" History 

## Document created by Joshua Sokoya (fortciates@yahoo.com) 

2025-06-17 - 12:29:27 PM GMT- IP address: 2.96.175.80 

## Document emailed to contactthedayspring@gmail.com for signature 

2025-06-17 - 12:29:33 PM GMT 

## Email viewed by contactthedayspring@gmail.com 

2025-06-17 - 12:39:41 PM GMT- IP address: 66.249.93.226 

Signer contactthedayspring@gmail.com entered name at signing as Michael E. Dike 2025-06-17 - 2:57:36 PM GMT- IP address: 81.105.122.66 

## Document e-signed by Michael E. Dike (contactthedayspring@gmail.com) 

Signature Date: 2025-06-17 - 2:57:38 PM GMT - Time Source: server- IP address: 81.105.122.66 

## Agreement completed. 

2025-06-17 - 2:57:38 PM GMT