The Dylan Rich Legacy (Registered charity, number 1201084) Financial statements for the year ended 30 November 2023 Page Contents Trustees, annual report Independent examiner's report Receipts & payments account Statement of assets & liabilities Notes to the accounts capLUS COMMUNITY ACCOUNTING The Dylan Rich Legacy Trustees, annual report for the year ended 30 November 2023 Full name The Dylan Rich Legacy Organisation type Charitable incorporated organisation Registered charity number 1201084 Principal address 189 Musters Road West Bridgford Nottingham NG2 7DQ Trustees Michael Rich, Chair Carole Fry, Secretary Simon Low, Treasurer Anita Jones Craig Jones Clare Low Anna Rich Chris Fry Independent examiner John O'Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG15GL Governance and management The charity is operated under the rules of its constitution adopted 9th January 2022. Charitable incorporated organisation registered 21st November 2022. Trustees are appointed each year at an AGM. Trustees serve for a year and can be re-appointed each year. An election process is undertaken to appoint trustees as Chair, Secretary and Treasurer. Objectives and activities 1. To promote the benefit of young people in Nottingham, Nottinghamshire and the surrounding areas by.. a. the advancement of amateur sport: b. the relief of poverty., c. to advance in life and help young people through.. the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life. 2. To promote, for the benefit of the public, the preservation, conservation and protection of wildlife and nature conservancy in Kenya, including by promoting and supporting employment opportunities for local people. The Dylan Rich Legacy Summary of the main activities undertaken for the public benefit In order to fulfil the charitable purposes outlined above, the charity makes grants to existing organisations that it considers well placed to deliver benefits in line with those purposed. This includes both funding existing projects and working with organisations to deliver new projects. During 2022-23, the charity has worked with three partner organisations on this basis.. (1) Belong (Nottingham).. Total funding during 22-23 (£8,775). This has supported a new project providing free football sessions in Nottingham for Belong target communities. (2) Nashulai Maasai Conservancy {Kenya).' Total funding during 22-23 (£4,010}. This has supported existing conservation activities and a new project to engage young people in conservancy through sport. (3) AJ Academy (Nottingham}.' Total funding during 22-23 {£2,805). This has funded an extension to existing provision of free sport for young people in targeted communities in Nottingham and Nottinghamshire. Public benefit ststement The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit,. Summary of the main achievements during the period Through the work with our charity partner Belong, we have been able to run weekly football sessions for young boys and girls within communities in Nottingham who would otherwise be unlikely to engage in football. Belong supports migrants from all backgrounds and many young people fa￿ financial and cultural barriers to engaging with football and other sports through the existing club infrastructure in the city. Through a grant from our charity, Belong has been able to run dedicated sessions for young people from families it supports. These sessions have reached around 100 children in total during the year. Our partnership with Nashulai Conservancy in Kenya has led to both conservation and community projects being delivered through a grant provided during the year. The conservancy protects 4,000 acres of wildlife habitat and the legacy fund has provided additional rangers to help manage this area. Around 90 people have been engaged through the community work funded by the project, including a football tournament. As well as resonating with the Dylan Rich Legacy objectives, this tournament was able to engage a younger audience in the work of the conservancy. The Dylan Rich Legacy During the year, a third partnership began with AJ Sports Academy. The Academy already provides football activilies targeting deprived communities in Nottingham through FA and city council funding. By working with an existing provider, we have been able to extend the scope and reach of the work of AJ Academy. 11 sessions were held during the year with around 67 young people engaged. The project also engages young people in coaching and supporting those taking part in sport and the organisation has a strong record in working with local councils, police and other partners to provide wider life support to young people. As this was the first year of the charity's existence. it did not set fomial objectives with regards to activities that it undertook or funded during the year. However, Trustees were clear that they wished to estsblish partnerships with existing organisations that could deliver projects to achieve its aims. This model relies on establishing relationships with partners and good progress towards this objective has been made during 2022-23. In addition to providing grants for projects, trustees have taken lead roles on liaising with and supporting each of the organisations delivering them. The year has also seen good progress made wrth regard to the governan￿ of the organisation in its first year as a registered charity. Regular formal trustee meetings have been held throughout the year and trustee training was undertaken. Trustees also wished to see a balance struck between maintaining funds in order to be able to have an impact over years to come and making grants in order to put its resources to use in line with its charitable objectives. This objective was also met during the year. The charlty's policy on reserves The charity has no specific policy with regard to the level of reserves. Signed on behalf of the charity's trustees". Signed Michael Rich, Trustee Date YIL Independent examiner's report to the trustees of The Dylan Rich Legacy for the year ended 30 November 2023 I report to the trustees on my examination of the accounts of The Dylan Rich Legacy {the charity) for the year ended 30 November 2023. Responsibilities and basis of report As the 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 all 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 no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 1. accounting records were not kept in respect of the charity as required by section 130 of the Act- or 2. the accounts do not accord with those records. 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. Signed John O'Brien MSC, FCCA, FCIE Employee of Community Accounting Plus Date 2710812024 The Dylan Rich Legacy Receipts & payments account for the year ended 30 November 2023 2023 Unrestricted Restricted Total Funds Funds Funds Note Receipts Opening donation Bank interest Fundraising Grants & donations Raffle tickets Sundry receipts Total receipts 47098 1022 3963 3097 903 11236 58334 1022 4043 3307 968 80 210 65 56093 11591 67684 Payments GrantslDonations paid Totsl payments 15590 15590 15590 15590 Net receiptsl(payments) Cash funds at start of this period Transfers be￿een fU￿S Cash funds at end of this period 56093 {3999) 52094 3999 52094 3999 52094 Thg Dylan Rich L•gacy Statement of assets and liabilities at 30 November 2023 2023 Cash assets Bank accounts 52094 52094 Liabilities Independerrt examinab'on fee 480 480 These financial statements are accepted on behalf of the charity by: Signed Simon Low, Trustee Dated IL IKs45k 2oL The Dylan Rich Legacy Notes to the accounts for the year ended 30 November 2023 1. Receipts & payments accounts Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. 2. Grants & donations Unrestricted Restricted Total Opening donation from unincorporated entity Sundry grants & donations 47098 3097 50195 11236 210 11446 58334 3307 61641 3. Funds analysis Opening Rg¢9ipts (Payments) Transfors balance Closing balance Restricted funds Kenya Sport 1650 (4010) 11580 11591 {15590) 2360 1639 3999 Unrestricted funds General 56093 56093 3999 52094 {3999) 52094 Sport- funds to support projects linked to the first of the charitable objectives - To improve access to sport and physical activity for young people in the Nottinghamshire area, particularly where there are barriers to participation. Kenya - funds to support projects linked to the second of the charitable objectives - To support nature conservancy and sustainable employment for local people in Kenya. The transfer from the General fund to the Kenya and Sport funds is to cover the deficits on these activities. The Dylan Rich Legacy 4. Trustees. remuneration Trustees received no expenses, remuneration or benefits in this period. S. Related party transactions There were no related party transactions in this period. 6. Previous period comparison The previous period's figures have not been included for comparison because this is the charity's first accounting period. 7. Glossary of terms Creditors: These are amounts owed by the charity, but not paid during the accounting period. Restricted funds: These are funds given to the charity, subject to specific restriclions set by the donor, but still within the general objects of the charity.