Charity re815tration numbet 1201803 DONS LOCAL ACTION GROUP ANNUAL REPQRT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH XJ25 BUSINESS ADVISORS Slor House StsT Hil R(K*ester Ke E1 1UX DONS LOCAL ACTION GROUP LEGAL AND ADMINISTRATIVE INFORMATION Trustees R E Calev V Sway51dnd C Connoi R J Jeffery R C G Weaver C Threadgold P WllkiThs IAppoinied 17 June 20241 Charlty number 1201803 Company number CE031299 Reglstered olfice Cherry Red Stsdium Plough L3nÈ London SW170NR Auditor TC Group siaf House Rochester Kent MEI IUX DONS IOCAL ACTION GROUP CONTE NTS Page Trusiees, repurt Indvpvndersr aijdiior's rèporT 9-12 Statpmeni ol tinanrial 4clivilie5 13 5141temeni of finhntial Posiiion 14 Statemoni ol c35h flows 15 Nvlvs lo Ilie liiiancial 51dlefflpnlS 16-27 DONS LOCAL ACTION GROUP TRVSTEES, REPORT FOR THE YEAR ENDED 31 MARCH2025 The Trustees present their annual reDort and fin3n¢ial 5taioments for the year ended 31 March 2025. Tho financial statements have been prepaied in accordanre with the 3ccodntinR policie5 Set out in noie I to the finoncial statpmenls and comply with ihe charily S Bovernine document, irye Charilie5 Atl 2011 ènd 'Actountin8 and Reporting by Charilies StateThent tsf Re£ommvndvd Prèctice applicable to ch3ri¢ies prep3rine their accounts in accordancè with the Findncidl Reporiin8 Standard applicable in the UK Rvpublic of Ireland IFRS 1021 lelloitive l JAnuary 20191. Objective5 and a£tivltle5 Tho airns ol Dons Loc31 ActiDn Group I'DLAG-I need to be understood in thp ¢oniexl ol the prevolence of povpriy In the UK. According to the Joseph Rowntree Foundarion. there were some 21% of the UK'S popu1iiiion livinhy In povpriy In 2025. In London, thc area of the opprii l.orb5 of DLAG. Ihr siaiisrics ale evcn 51Jrker with dn cstiwatod 24%, 01 households living in poverty DLAG'S cornrnilmt'ni io ifs aim of addrvs*in8 poveitv i55ues iii the community, throu£li IhL' 4CtIVlllL'5 OL'sciibi,d bL,low. rLJmains unwaveriii&. The acliyilies ol DLAG Inay Ihan6e bul we will aiin to cnsufL Iliot ihv WAb Il 1% iuri lirid klDvvrnvd Is lil lor puwpo%v. As lon8 as our coniTriuiiily reouires 4sglStanctr, will dim ¢0 bring hope and dignilv to Ihos? in n?ed. Oblèctlves The principal obietlive of DLAG is io respond ',0 ihe 0￿rwhelMIng pressure ol poverty in our local cornmunitv thr¢uRh sourcing provisions and redistributin8 them to thosp in acuie need a5 a result of poverty. DLAG has an ert8aged. dynamit and rcsllieni voluniger network dedicared io hplpinK peoplc Iighi poverty across five ktry focus areas. -food and houschold supplies -fufnilure and appliènces -13PtOP5 Jnd other device5, through our Keep Kids Connetted Initiètive -DLAG In Tune musical instrumtnls. throush the Jack lonerRan Foundation -OLAG In Unifarms, school unilDrms ihrough our schools nelwork OLAG operaies wiihin the boroughs of Kingston. Merion and Wandsworth in Souihwe51 London, seeking to collab¢raie close v with Iocdl councils, Charities. schools and other community partners 10 5upporl Ptople in nttd. In the longEr lerm, Il Is p055iblp ils aciivilies may chan8e in scale or nJlure Wowever. Ihp corp of DLAG In future period5 is expecled lo bv sourcinp provisions dnd iEdisliibutin8 Ihem lo Ihose In n￿ed In crisi5. DONS LOCAL ACTION GROUP TRU5TEES' REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2025 The dillerent firvas of DLAG s i>cliyilie% dbiirig ihe period awe describL.d belo Food ond householdsupplies distrfrbulian DLAG operL)tvs will) a Dvlwurk Df up to l.ow 12024.- 1.0001 volunlee15 dvrinR'.he year across the Ofgani5ation in riuiiipraus ioles. The majotily ol oui voluniee15 Ldrry out shifis al ou. supermiTkel stalls aCf055 our three borou£hs to 6aihei donalion£ ol lood arid household supplie5. Thv5e donDIion5 die colleclcd ar regular intervals tl)iougliuul Ih¥ day and Iran5porlL,d lo ovr cvnlr.Il hub for £orliiiR and sioralie The conttibulions rece.ved from supeiiYiarkvt¢ Jiid oui Jrupplivr pJillliTrf' JrLi compilcJ Inlo looé boxL: individuals or Ibmili*s, or ptst i[)to reguldr bulk donaiions foi cornrnunily orK0fi15d¢ions. En8agivR volunievrs is crucial tiot only ftsr relenti￿ but for also building our brand as an irclusive charity. whcre vTrlunlpvrs are pèri ol thc DLAG Idmilv DLAG a150 doiiAtvs Eèstei eggs and Chibslmii io our tood Iciipienls wilh chiloien. Furniture ond opplionces disiribuljon DI JlG Llllll% to dllLIVidlc turnilul? povvrly by PiOVi4in8 good second hand Item5 10 Iho>C in ncod Illt orcani&e wvvkly cul1￿CtIV￿5 s￿(und hAnd luriiiiurc and appliances. dli*r assessin8 iheit condition and suitabilily The it*ms 4>re caialogued, rvpAiipd cleaned il neeLled al our srnall lurniiure hub. We èccvpi relerrals fiom social 5er¥icL'¥ and charilios for clients in lurniiuie poverty. maichinp their iiecds to avéilable Iicm5, which we then delivei io their homes. Kf pp Kids Cnnne¢ted InitlOliv¥ Kepp Kicls Connected extends 5UPPOIt to local councils. schools aiid busine%spg and aids local cliaritivs and communilv group% Led by li volunicor Ip%im ol IT piolcssionri15. Keep Kid5 Corynected rcfu.bishes and donAie5 Ihptops 10 schools in Mprlon, King51trn and IVJndsworih This Involves donalions of Ihptops IT accessorics trom corporaio partners and Iiidividudl%, rvlurbishod 10 induslry standards and delivered di¥eclly io schools. DLAG InTune Musictsl Instruments OIAG In Tuno ir partnership with rhc Jack Lonergan Foundation. DLAG Is pfoviding free musical in5trument5 10 young pvoplp Irotn low Iricome households across Souih Wp.5l London. The Inili3tive aim5 to bridRe the gap bElwEen UPPDrlunily ii nd iiccess, helpirb£ aspirinR rnusicians overcome financial barriers to their crcJtlVC PJ5s10ns. DL46 In UnJJorm 8uildirig on pur slronp, conneciions wilh schools in KingsioTr. Mefton Hnd WandswDrth, DLAG 1£ collectin8 uiibrdnded 5()iond-harid uniform anLI redistribuiiny io Ihose in rsetd. The initi3tivp airnE to support thosc at schools who ort stlUR%ling with practical uniforrn items. -und10151ng ionTrmunitV Oclryjly DI Ati dpiives inctsme frtrm a nU￿be< ol itnporlant sources Iveril£ %uch a£ ihe Gala d1nier. IlTre BIE Sleepout dnd spon£nred bikp ride are ImpDriint gener8tOWS DI Irteme foi DLAG lor iiow and ovei fulurp The cliaril? 3150 bcnctilE trom grant5 from a r3nee of oreanisaiions as well as indi¥idual and corporatp donHtIDP5 uring the periLid DLAG was repre5en'.ed at local cotntnunity pvpnt£ ranÉinB from school Summer lJir4 and C3fniva1i to charity fooiball matches and drinks receptiuns DON5 LOCAL ACTION GROUP TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCII 2025 Publit benefyr The Trustees have paid due regard to 8uidhpce issued by ihe Charity Commissiorn in deciding what drtivilies DLAG should underiake. Achievements ènd performance During ihe period DLAG hchieved 5i£nificant milestoYe5 a5 5ct out bplow Food ortd household supplies distribution In ihc financial period OLAG supported I,I0812024.. 8951 households in Ihp local area loialling ?,7071?Q24.?,4481 adults and thildrgn, we averaged 1,262 12C24 1,2L)I fo¢d boMQS io hou%pho ds per month Additionrilly, wp provld8d regular bulk delivcrivs 10 30 12024.-391 parinors and schools .Iveri)8ing 1.4¥8 1202d.2,1261 b0￿p5 PPf month. We provided 15.14612024. 14.5811 food boxes direct to hou%eholds .Iné I l.B)6 12024.. 25,5UYI box¢s to communily partnprs. Our stiindord weekly food box for one adult h,?d a typical voluo ol E36.0312024.. £35.371 In lh& prriDd. The tot31 valup ol food lind goods di5tribulvd wti% E960,73712024.. E918.8261. Furniture JndAppliunces In the pi'riod we dclivorcd I,Ib7 iiems12024.. 8171 to 379 12024.. 1951 houseF.olds with 7G2 12024.. Jf901 iiems collected. We 0150 providcd new maiiresses. The total value of good delivered was £GG,25512024.. £44.05111. K¢'vp Kid5 Connected lil Ihe period ihe Keep Kids CoThnpcipd dDnated 35912024. 3691 laplops to schools, 130 other dowcps. ènd hvlppd 130 organiSalions with a total valtsp ol £J8, Jf9012024.. 159.8361. Fundr0151ng Our family fun day in May 2024 wa5 a great cornmunity event hosted at the Old Ruts in Merton Park dnd rdised £9,000. In Septembor 2024 over 5? cyclists took on the challenge of ridin8 from London to Brighton raisin8 Jn incredible £43.600. In Novembor 2024 wo hosied our second charity Gala fundraising dinner. raisin¥ ovpr £170,800 Alleiidee5 included p,ue5ts from 13r8e corporate5, loial bv5ine55ps and AFC Ivimbledon Foolball Club, a5 WVII a5 repre5entalivps frorn our charily parinor5 DLAG volunlpers, demonstidtinx the deep Iiiiks that DLAG has developed in the cornrnunitv. In DtternbEr 2D24 many lundraisers, Ircluding local di8ni;arips and Schools spr.ni ihe night Ht thp c.herry Rcd Records Stadiuni on Plough Lanp. The Big Sleep Out #4 raistrd Dver (34,000 for our vilol actlvllits In Ih comfflunily pysuring wp ian contiDuo to help those ITr neec wilh deliverie5 01 food 3nd furnitu"p Amongst the numeroiis Eran15 wp fpcpivi d OUT largpsl wa5 £10.0(X) IrDm rhe London Community FO￿ndatIon. DONS LOCAL ACTION GROUP TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Financial review Thi5 finoncial revievJ cover5 Ihp operalions of OLAG for the year ended 315t M3rch 2025. Figures for the compar*ilivp pvriod havQ boon r¥stdlLbd io show ihtr eioflolliic value of OUT Lncome and oxpendilure covprinB thp food dnd liousehold Jrid fuiniture and ¢oniputer supplies to those In poverty. Income Toldl Iiiionie Iioiii donélions lor Ihv pp'iod was Cl.560.15612024 £1,823,00' I whilst Ixpendilufp on charithbl activitiei was 11,J33.OJG 12024.. CI.39).0431 Thpre Hlso Inv?stmoni revenur tor thc VCOT o EI? 70517074., nill rtrsullirii, In N￿t Income of E40,82512024-. f42Y,Y611. OLAG rpcpivpd currpnt year donations ol f 190,41" 133%1 12024. £180.9J31. the large majority ot whlch was recpived Ifom Individuols and a 5'A increase over ihp previous year Our corporate dofiors toniributcd 143.198 12024. 123,8791 dvrin8 th& p*riDd, 3 39% Increase over 14p prewious ycar. Incomv frDrn ￿v￿rI1￿ of £248.70012024." 1145,7641 rppreseThted 52% 01 Income from donations The thrce rnost signiliclini ri)l%lnR vw*nii wvrp the London %0 BYiEPion cycle ride which r)ised over £43,bQO, Gala dinner which raised ovor È I IU,1100 lind lh* Big Sle't'p Oui which raised over E34,21)0. Incomp Irorn &rEin15 of £20I4fJ9 17:'.112024 [32,5491 comprised granis frorn Unri'.slrlclL.d funds Tho rostricted funds receivcd In the year toialled É IS,O(K)12024.. L82.0401 Durinp. the poriod DLAG received Front awiirds from London Community Foundation, UCL. Clarion FutL*rcs, First Gwe and London Borough Mcrron. Incnmp from dnni)trd goods ond %pFvites of Ll,085.S82 12024.. EI,022.7431 reprosents Ihe foir valu¢ of the donat?d good5 3nd services. Expendliure Taliil Trxpenditure lor the ptrriod Wil5 11,5111.03612024.. £1,311.0001. which was èll spent from Unfesirictpd Funds and £IS.00012024.. 82,0401 Irom RL'Slrictcd Funds Total expenditure of £l.J33.03612024.. £1.393,0401 comprised Direct tt)sis of El.38Y.311312024. £1,282,186) and Support and Govcrnance cosis of £L£3.653 12024.. £1 IU.854I Tht lorÉe51 elcrreni ol Dirpci Cosis was Donated good5 of £1.081.037 12024.- £1.022.7431171/ 01 Total c05ls1 vihich rL'picscnied rhe cosi ol donatL'd poods. Th oiher major area of expenditure of £118.400 12024-. L106.535118%1 relaied io ihe employffli)nt C05ts ol Dur mcmbeis of stall. Within Support and govornante c05ls, we incurred consultancy and leRJI lees 01 £21.125 12024. £11,730). arki?ting EQSts ol £10.205 12024-. £25,542) anc E15.48O 12024 £17.1711 on Motor vehiilv. Pmpense. IT and 50fLwJrc costs compiised E13,45812D24.. £14.Wll for the year and purchasp.5 of tompuier softWdfL' 10 distribute Cost an additional £14.7111 12024.. £7.6001 Accounl3nCY fees atnounted to £14.45G 12024 £9,G811 Governanc2 cost5 of £14.4R512024 É2.7001 related Lo fees paia io Ihe audilor. Expcnditure Irnm donatpd gcod5 and %Ervites of 11,081.03712024. £1,022,743] repro5ents the fair value Df thc donalcd good5 and 5ervice5 DONS LOCAL ACTION GROUP TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Re5erve5 policy ThL, TrusiL?i's have adDpied a reserves policy which they cons.'der appfopr131e lo ensure the CDntinued abiliry of DLAG fo meer Its objectlVC5. The Truslee5 have deiprrnined Ihal Free rÈstrr¥es, thai Is funds which have nDt bee dosignatvd for * 5pecilic usp, Should be rnainlainod dl d minimum level equivalent to six months Df dnnual Èxpendilure Thc Trust￿￿% consider ihai Free reserves ar this level will ensure tryat. in the evÈni of a s1gnificanl drop In funding, DLAG will be hble to continue lo meet its objective5 while consideration Is given to what aclions need to be taken. Th15 level of Free rc5crves ha5 been m31ntaln¥d IhTou¥houl Ihv periud. nie dPVIUPlldleiies¥ uf Iliis lewel is &ubjv.Lt to ongoing review. Princlpal rlsks and uncertaSntles DLAG mhirttdins a risk re8lStpr identilying key risks. tO8ether wilh arb a55e55ment ol their impart and probablltly A planneLI approach to ryiitiÈation. where possible. Is ihen ideniilieil ISK DESCRIPTION 15K CAUSE RISK MITIGATION oss of income due to damag o DLAG reputation. Inappropriale olunleer5. behaviour DBS hecks ale8U3rdin carried oul procedijre pplled. oss of incomc due (o failure t xcessfve wod¢load5 lor exlstin lurtteers. Unattradive workin ironmeni lor new and existin onltor and seek lo mana8 ndMdLsal workload5 aintain workln attractlve oss ol bank funds. Fdilure ol onc of DLAG'S bdnks. nsure dislrioution of lund5 a 85.OCK] oss of supermarket colleciio oints. One or more supermarkvts tou'd hon8e poliiv. Maintai and upermèrket relationships. dovelo DONS LOCAL ACTION GROUP TRUSTEE5' REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods The plans for future period5 involve tjoih a conlinualion of DLAG'S existing aclivilies and 3 development In those contintse lo source p.. owsions Irom our community and redistribute them to those who are In acute need as a rpsull ol poverty continue lo work closely with local or8anisaiions ro extend our reach and to a5S1St our partners to betler their Services plan to develop and stren8then our relationship wilh corporate partners with tailored offerln8s Includln8 corporatp volunteer days, fund oisin8 and donations contlnue 10 build our volunteerlnE communiiy. aiming to ensure that our wolunleers are welcomed. SUPPDrted ènd Ihanked plan to Incre￿7￿￿ our v151bility and strengthen our connections In rhelgcal community Including extendln8 our sehool initlalives and vnéeriaking more communiiy ouireach coniinue to moniior ihe way In which DIAG is structured, eoverned and ron to ensure ihat il is lil lor purpose. All such plans will be regulaily reviewed by the TIusLees. Using detailed management information where available. The TrustEes are deli8hted io confirm ihe appointment ol Matthew Lotk as Execullve Direclor in lanudry 2026. Structure, 8overnance and rnana8em*nt DLAG is a Chèrltable Intorporated OrRanisation ICIOI re8lstered with ihe Cha¥ilies Commission under number 1201803. The CIQ was re8lstered with the Chaiities Commission on 2 Febiuary 2023. During the yezr, the Tlusiees were.. R E Caley V Swdysland C Connor R l Jeffpry R C G WeèvEr C Ihreadgold P Wilkins (Appointed 17 June 20241 X C C Wiggins IResi8ned 4 November 2Q251 DON5 LOCAL ACTION GROUP TRUSTEE5' REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2025 Rccruitment and uppointmenl ol Tru5tee5 Section 9 Appoinlment and autom31ic ioliremenl ol TrusiL'trS Ot ihe corisiiliiiion sl4ilv£. 9.1 Any pers(111 whu Is willing to Jtl d5 d Truslvp, atid who would nijl disqu31iliod froTn dCtin67 under Ill PfOV1510n% ul clillJSV 11, may be.Ippointed lo bv a Truste￿ by a decision of the Tlustees. 9.7. OIICLI aPPOiiiI￿d. subject lo Cldusp IJ Y 2 1 Trustevs will 9@rve until the bo)rd meeiinp 1011owinf? the third annivcf5ary of thvir appointment,. 9 2 2 al thai meeiinR they %vill be elig.ble .or rp appointmpnt by the Trvste<4S for a second :on5ecutive term of office. and 9 2.3 onip the%e time ptFiods have elapsed. Ihe Trustee conccrned must t3kc a break IrDm office of ai IiiA.41 Iwplvp month%. 9.3 11 the retiremeni ol a Truslee under Clause 9 2 causes ihc number ol Tffusitres 10 lall below thp numbeT of Trus1￿￿5 spvcifityd in Clause 8 3 then the ielirin8 TruSt￿e shall iemain in of11t￿ uiilil a new appolntinpnt 15 nihde 9 4 In %plprliiiF individiih15 lor appoinlmènl as rharity liuslee5. i*p rharily IriJslPPs mu41 havii ie6riiy In ac:oidaiice will. tliv ethical SlJndard, Jnd wi. hi)ve lullilled OLtr oihei L*ihicJl iL'Sk)oiisibililies in accordance wilh iemenis. W believe tlial tliv. audit evidence WÈ have obtained Is suflicienl and approprièie io provide a basls for our opinion. Other matters Thè comparaiivÈ fillures were not subject to audit as the ¢nlily claimed the srna11 chaTlty 3udil cxernplion. Cvnclu51on5 rclDtlng lo golnB ronrevn In auditing the finaTrci)I stJiements. we have concluded thai ihe Trustees, use ol rhe going concern bdsls ol accDuntlnR In the prepkraiion of ihe financial staiemenrs Is appiopriaie. eased on tho wtsrk we liav¥ petlormed. we have nol idenliliL'd aiiy mèierial uncertainties relaiinR io or conditions Ihot. Individu4illy or col'.eilively. fflJy cost 5igfjilicar.t tjcybi on ihv chirilv 5 abilily io continuv ¢)5 a i?oin6 con£ern for È period of al least twplvp monihs from whtn ihe financial Stale￿entS arv aulhorised for issue Our re5ponsibilitie5 and the rr5ponsibilities of ihe Trustees with resPPlt to goine tonctrn BTC dTrsrribrd in thg relevant spctions of th15 report DONS LOCAL AcfioN GROUP INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE TRUSTEES OF DONS LOCAL ACTION GROUP Other ifilormation Tlie other inforrnalion compriseJ the inft>rmaiion included in ihe annual ceoori 01￿￿￿ than the fin3niial .slaiements and our 8ud.-ior's repo￿1 iheieon The Trustees are responsible for the othef Inlormhtion contained within th￿ annual feport Our opinion on the linancial statements does nor lover the other information and we do not expre51 any form of 3ssurBnie conclus'on thereon. Our responsibility is to re3d the other InformaliDn and, In doing 50. consider wheihti tht oiher Inlormatloll 15 rnaitrially Incon51Sttnt witfv the finaniial 5¢3ieThL'r,ts or our knowlvdEp obtèined In thtr coursi. of tho audit. or otherwise appvfirs to bv mAlvrially misstated If we Idpntilv 5Lirh matcpial inronsi5tencies or apparent malerial m155tatemtrnts. we are roouired to dcterm nc whethpr thi% 61VP5 r1515 lo a mHterial rn155talemrni in the tinhnrial 5tarprnentS fhem5plvpE 11, b3%ed nn ihp work we hf)ve pi'rlnrmprt, wr rnneliitlp ihal ihprp Is X rnaTprial rn1s4taiompnl nf rhi£ nthpr If*tnrrnAtinn, wp Arp rpfjiirrpd tn repDrt We have nothing lo repori in this Matters on whlch we ale re4uired to report by ex(eption have nothing to rcport In respcci of ihc fol 0￿ing marie15 .Tr ielation lo which ihe Chiritics (Arcounls lind Reports) Pegulation5 2008 require us to reporl to yod il. ITr our oplnion-. the Information given in thv Iinanrial sittstvmpnls is Inconsistont in any material rospect with the Trustees, rcport, or %ullic.Ivril arcounliiTrg reioTd5 have noi be¥rb kept,. ow Ihe linAn£ial statements are Dot In agreement with the accouniin8 records.. oi we have nol re¢eivpd all the Inlormation and cMplanation5 we require lor our audit. Aesponsibilities oITfllStees As Lixplained more fully in Ihp 1ial+meni ol Trustees. r?sponsibililies. the Tru%ipes Arv re5ponsiblv for the prppi)Itilinn ol thc lindncidl srai?rnonis and for bgine salisfied thhi they Eive a true and lair view, and for such inlpin.Il cnnlrol .75 the Trustpp4 dvlpirnine 15 necvs%ary lo enable the pieparaiion ol Iinancial slaipm+ni% thèt are frf'tr Ir¢)m mLllprial mi%%icltprnent. whpihpr dup ro fraud or errot In prpparine the Iinanci31 stalcrnents. th? IruitÈPs dr¥ rvspon.4ible lor as8*ssing thtr thhfily's Ilbility io cnnlinup as A eoing conicrn, d15closing, 35 applicfihle, mJ',iers reldted lo going concern and using ihp going concern biiSl% of )cf VNpf% IAkpn ijll Ihp ba%ig nl il'.v%e lindncial 51cilemvnt4 DONS LOCAL ACTION GROUP INDEPENDENT AUDITOR'S REPORT ICONTINUEO TO TNE TRusfEES OF DONS LOCAL ACTION GROUP Tho extont to which our procedures dre tdpdblv of detectin8 Ifrp.EulaTltie5. iniluding Iraud, Is deiailed below. Extent to whiih the audit was considered capable of d￿e{tIng irregularities, including fraud The obipctivps of our audit, In resppcl to fraud, are. to Icenrify Jnd BS5e5s ihe. risks o material misstatement of the financial statcments duo to fi3ud. 10 ooiain sutficieni appropriare audi( evidcn=¢ reRardinp the assp%se.d risks of rnarF.rial missiatemeni due to fraud. throuEh dp5i£ning and Itnplerneniinrt appropri,Ile responses, and to respond appropriately ro Iraud or suspe.cted fTaud Idenlilied dufing rhe audil Ho¥vvver, the primaTy TL'spun¥ibilitv lor the prevention and deicclion of Iraud ri?SiS wi'.Ii boih ihose charged wilh eovernance ol tho L'nlily dnd it5 m.InHepmpnl Our appToAcli was a5 follows. Idènlified ar&As of lèws ènd reEulations thai could reasonably be cxpecied 10 havc 47 miilerial effeci Dn th* financi31 sr3lement% from our eencral commerc.al and secior experiencp, and throuRh di5CU5sion with the dirpcior5 and oiher manaRvmenl las roquircd by audilinR Sli?pdaTdsl, dnd L4Isiu55cd with the director5 and other rnanagemeni Ihe policies and procedures regardinÉ compliallcL' wiill IJw¥ dnd reEulations' We considcrcd the le8al and re%ulalory framew?rk5 direilly app11(JtrJlL' tv Iliv financial st31t￿lI)￿l)IS roporiinkj Irèmework IFRS 102 and Lhe Companies Acl 2CK)61 and (h¥ T￿l￿v.1171 IJX LunipliAIiLe reEulaliu(14 111 Ihc UK., • Ille considL'ied ihc naturp ol Ihv I'idusliy. 111¢ contToI environmvnl and business perloTinance, includinp Wv LOM￿)ul)iCalL'd iCL'ntifitd laws and ivKulAlion5 Ihrou8lioui ovr tvam and remained alert to anv • WÉ5 101-5idtiied ihe klTocvdvrv4 arid tDnirols ih31 Ihe company has established to addrpgs risks Identifiod. r Iliai ulhiirwise prevent. deier and detect Iraud, and how Senior management monitors those progrdmmos and controls. 835ed on this undersianding wo designed our audit procedures to identify non-tompliance with such laws and reEulation%. Wheie the risk was con51deied to be higher. wo performed Audit procedu'i'5 10 addres% i'dch idp.ntifipd Irdud r15k. Thpse procvdures Included. resting manual journa15'. rtvicwing Ihl, Iin3nciJl 51Jieinent d1￿ClosUre$ ind ttsling io supportin£ d0É4Jmpntation.- perfrorrning analirlical proccdures, Jnd cnquiring ol m3na8pmenr, 2nd were designed to provide reasonable assurance thai the finii nciJl staiemenis werv IrLP from fraud or error. Owing to tho Inherent Iimili( tIOn5 ol an audil. Iherp. 15 Iln unavoidable risk ihai we Inay nol have delecied soime material Inisfilalvmijnis In ihe finantial 51ilL'men%S, even ihouRh we have properly planned and perltsrmed g￿r audit In atiorddn:e willi dudiLink sldndJids For cxJmale, Ihe lurlhpr renicved non-iainplidllCL willi aws aiid the iiihercrlly Iimitpd proipdure.s 1VqU￿rpd by 3udiLinc S&andards wobld Identify ii. The r15k Is 3150 gryit ter reEArding IrFegularilies OEcu¥ring due tD Iidud rather Ihaii etror a5 fra¥d Involves Inlenlional conii'alfflL'nl. forgery. collusion. omissioi) or misrepiesi'ntaiion. We afe not re5poisible for prtvefiiine non Lampli8TILe dnd ianno( be expetled io delect norn-compliènce wilh a I laws and rexuldtions furlhvf descrbpl*on nf fp5ponEibililip8 Is availablp thp FRC < websiie at-. j.llpLl￿￿￿1l¢ OILI I:Nl_.liidiliii ies-for. This dvscriplion forms pdrl of Qui dudiior's reporl DONS LOCAL ACTION GROUP INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE TRUSTEES OF DONS LOCAL AcfioN GROUP Llse ol our report This report Is made solely to the charity's TTU5tees, a5 a body. in accordance with part 4 ot the Ch3rities (Accounts and Reports) Regulaiion$ 2008. OUT audit work has been underlalen 50 that we might state to the charity'5 Trustee5 those maiters we are itquiitd io state to them in an aud41oT'S repor¢ and lor nts other PUfPQSe. To th fulle51 extent permilled by law, wo do not 3ctopi or assumt iosponsibility to dnyono othei Ihan the Iharity and Iho Iharily'5 TTU5tEes as a body. lor our audil work. lor this ceport, or for Ihe opinions we have lormod. Sally ML&ah FCCA (Senior Statutory Auditor) lor and on behalf ol TC Group Statutory Auditor Slar Hou5P Rochester Kent MEI IUX TC Group 15 eligible lor appolnimerii ag èvditor ol Ilie charily by ¥irlue ol its eligibility lor appolntment as auditor of a company undcr section 1212 01 the Companie5 Act 2tx)6. OONS IOCAL ACTION GROUP STATEMENT OF FINANCIAL ACTIVITIES INCLUOING INCOME AND EXPENDrfuRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricied Re5trirted lunds Total Unrestrlcted Restrlcted funds lunds as restated Total as restated 2025 1025 2025 2024 2024 2024 Notes Income from.. DoTiJlions and oiheT sources 1.545.155 13.705 1S.WO 1.560,155 13.705 1.740,96L 82.040 1,823,001 Inve5tmenf5 Total Income 1.558,860 1S.CQ) I,S73.860 1,740.961 82,040 1,8?3,IX)I Expenditure on.. I,S18.035 15.OCQ 1.533,035 1,311,000 82,040 1,393.040 Net Income and m￿ernent in funds 40.825 40,825 429,961 429,961 Retonclllatlon ol lunds.. Fuiid kTa13n¢¢s at l April 2024 429.901 429.961 Fund balan¢*$ at 31 March 2025 470.786 470.786 429.961 429,961 The 5talpment ol financial activtties includes all gains and losses fe£ognised in the year. All iThcorne and e¥ppndiliJrp detivp from continuing acrivities. The note5 on paRes 16 to 27 lorm pari of lhese financial slaicments. DONS LOCAL AcfioN GROUP STATEMENT OF FINANCIAL posmoN A5 AT31 MARCH 2025 2025 20Z4 Note5 Fixed 0$5ets Intangible asset5 Tangible assets io li 1,889 32,326 3,222 39,233 34,215 42.455 Current assets StDrks Debtors Cash at bank and In hand 12 ij 4.545 15.776 452,627 3,014 403,791 472,948 406,805 Credltor5'. amounts falling due withln One year 14 136.3771 119,2991 Net ¢urrent issets 436,S71 387,506 Total 3550ts le55 currehi Ilabllllbts 470,786 429,961 Nel assets 470.786 429,961 The funds pf th¢ rharltv Unrestricted funés 470.786 429,96L 470.786 429,961 The notes on pa8es 16 to 27 form part of these linancial statements. The flnancial stalernent5 wefe approved by thE Trustees on C Thread8old Trustee 14- DONS LOCAL AThION GROUP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED31 MARCH2025 2025 Z024 Notes Cash flows from operatln6 aclivltle5 Cash 8eneraled from operatlons 37,121 450,319 Invest5ng activi15es Purchase of Intangible as5et5 Purchase ol tan8ible li¥ed assets Prtsceeds from disposal of tangible fixed assets Investment income received 14,Lxx)I 142,5281 12.1191 129 13.705 Net unts can bE rncasured reliably. and it Is probable thal incomL' Will bv rpcp1vpd. Cash dtrnations are recoenised on ieteipi. Oiher donaiions are ieioEn15od once the ch4irily his bpen noiilied ol tlie doii3lion. unle55 pErlormaTrce conditions rpquirc def*rr31 DI ihe amount IDtDmtr lam recoverable In relotion tD donalions received under Gilt Aid is recognised ai ihe tiffle ol thp donalio Whpre good% (Jr st'iwces c)rv provided to the Iharity as a donarion that would norm311y èe purchosed from SLJpplipr£. IITIS ianliibution 5 11)cludeLI In the Iinancial slaletnvnis ai ali estirnale basVtJ on value ot the Food JTid other goods. QorTralcd to the Ihfirily and held 35 Stock for disiribuiion, are recoRn15ed .-1¥ Income wiihin voluiitary Incorne whej ieieived d?d ds sioc*,- an equiwa enl amtsunt Is Included 35 vxpenditurij whvn the stotk is disiribuied. 16- DONS LOCAL ACTION GROUP NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2D25 Accounting policies (Continupdl 1.5 Expenditure Impenditure is reco8n15ed once Ihere is a legal or constructive obligaiion to transfcr economic bcnfrfit to a third p3rty. It 15 probable that 3 rran5fer of economic benefits will be rrouired in seitltsmoni. and the amount of the oblig3tion can be measurèd rpliablv. All expendilure is accounted for on an accrua15 basis. All expense5 including SUPPOTt (Dsts and govornance costs are allocaied lo ihe applicable expendilure headings. The Cost of rèisinR lundg ¢omp¢ise invesiment m3nJ8emeni cosis. 5uppori cosis are Ihose ¢osis in¢ufred direttly in SUPPOTI of expendilure on the objects of the chaTIty. Governènce costs ar￿ rhose incurred In conDvclion with admiTrisrr3iion of the charily and compliancv with con%litutional and sratutory requirem￿nts. 1.6 Intanglble lixed asstts othor than 8oodwil1 Intan8ible assets acquir¥d separately Irorn a busines5 dre recognised Al iosi and artr stsbsequently measured ai cost less accurvu1dled Lbrnorti53tic.'i and accumulaled irnpaiineit105seg. Intan8iblc a55ets acquired on business combinaiion% are recop,nispd separately from 8oodwill al the aCqLiis11iory dale whfiro. IT 15 probable Ihat the expected future economir benclits Ihal ar(. allribiilablp to the assi'l wlll Ilow ID Ihc cntily and Ihe fair value ol the a55el can De mv35ured reliably.. Ihc IDldn8ible asset aris￿5 Irum ¢oniracivol or other le801 ri8h15' and ih¥ InianRible assei 15 separablc. Ifom ihe eniilv. Amortisition is reco￿nIsed so a5 to write olf the cost oi valuation of 3s5els le55 their residual value5 Qwer their useful lives on Ihe lollowing ba5e5-. Software 33% 5liai8ht line method 1.7 Tangible fixed assets TanEiblp fixed a$5ets are inilially measuied at cost and subsequently measured al cost or valuation, net ol depreiiotion and any impairment 1055es. DÉprpcialion Is recognised 50 a5 to write off the cost or valuation ol assets less their residu31 values over their useful lives on the lollowing ba5eS'. 2￿¢ 51rJi8hl Litie straight Line Motor vehicle5 The ghin or 1055 8fI51n8 on the disposal of an asset Is determined a< the difference between the sale procppd5 and the carrying value of the asset. an¢J Is recogn15ed In the statTrrnent ol financial activitie5. Nei realisable v31up is the Èstimaipd 5EllinE priip Ip%% all esiim3teé cosis of tomplplion and costs to bp Incurred In m3rkeling..5ellin8 and distribution. 17- DON5 IOCAL ACTION GROUP NOTES TO THE FINANCIAI 5TATEMENT5 ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2025 Accounting policies (Continuedl 1.8 Financlal in5trurnerts Ihe charity has elected io appty the provision5 of Seclion 11 'easic Financial In5trurnent5' ènd Section 12 'Other Financial Instruments Issues. ol FRS 102 lo all of 1¢$ financial instruments. Financial instrument5 are rccoEnised in the charity's balance shect when the charity becomes pariy to ihe coniraciuèl prowsions of ihp Inslrument. Fin%incidl assets and Iiabiliiies are olfscl. wilh the ncl drnounts presented In the finaThciii151atement5. when IhvTe is a le8ally enlorceablv riehi io sei olf rh¢ fecoRniscd amDuniS and ihere Is èn Inlenlion lo seiile on ￿￿t basis or to ipaliSV the asset and 5ellle Iht. Iihbilily simullaneovslv Btssl¢llfvortciul ussets 8dsic fiiioiiiiJl asyet¥, which include deblors and cash and bank bi)lanco5. lire inilially measurod at tran48Clion price Includino Irdn5aclion cos'.5 and arv subsvquently catri*d al atnoiiised cost usitig ihe 55els cla551fied as recpivablp wiihin one yeai are noi amor115vd. 8usiclinunciulliobilities thp ariineemeni con51ituie5 a financins Iiansaction. where ihe debt Instiument is measured at the pr￿4￿.n1 vélup ol Iht luturo paym*nis dlscovnted ai b markel Tale ol Inierest. Financial 113biliti*s classilied as pèyable wilhin on(, yi'ar aitr noi amortiscd. Debt In5trument4 are subseqvenllv iarried al amor115ed cosl. usine Ihe offeciive inivrp5t rhie m*¢hod. TrJdo credilors .iie oblieaiion% io pay lor good5 or servittrs thal hAvp ljeen acqLJired in the ordinary course ol operations trom supplier5 Amounis payable clre cla%511ied as f urr*nt 113bililips Il payment is due wiihin one year or less. If not, they èro presenled )5 non-currenl Ii,)bililies. Tradp trpdilors rptognisvd Inilihlly at transaction price and subseqb+ntly measured ai amortised co%t U5in8 Ihe eflecliwe inieiest mclhod. Derccognition offlnonciolliobilityes Fin3ntiJl liJbilities are derecoeniseé when thE chariws conlTaclual obligalion4 vxpire or are discharged or cèncellpd. 1.9 RetlTement benel+ts Poyrnenrs io defined conlribuiion retiremeni benelil 5¢hetne5 are charRe.J a5 exppnse as they fall due DONS LOCAL ACTION GROUP NOTE5 TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDEO 31 MARCH2025 Income from donations and other source5 VnresiTI(ted Restritted fund5 ftsnds Total Unrestrirted Restrlcted funds lunds as restated 2024 Total as iestaled 2025 2025 2025 2024 2014 Donation5 and 8ilt5 Even15 199,873 248,700 iJ,uuo 199.873 248,700 26,(#JO 180.913 14S.764 25.350 18Cp,913 14.5,764 107,390 rants 15.C 82,040 Donaiions received from AFC INimbledon from 2020 to 2023 Dundled goods and 5eivices 366.191 366,J91 1.085.582 LO85.582 1.022.743 1,022,743 1,54S.15S 15,CXXI I￿60,155 1,740.961 82,040 1.823,001 Donatlon5 and Blft$ CorporJtc don)tions Individual donations CollL'ciion lin donat￿on$ Othcr 33,198 102,082 40.9 23.b¥4 33.198 102,082 40.909 2J.6114 23,879 97,215 32,607 27,212 23.879 97,215 32.G07 27.212 199.873 199,873 180.913 180,913 Grant5 recelvable lot ¢¢￿ •¢tivlties GrAiiIS awards 11,000 15,OLK) 26.COJ 25,3SO 82.040 107.390 ii.oJo IS.C4)) 26,￿0 25.350 82,040 107,390 Incorne from Investments Unrestricted ijnreslricted fu#ds funds 2025 2024 Interest receivable 13.705 19- OONS LOCAL ACTION GROUP NOTES TO THE FINANCIAL STATEMEfr4TS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charitable aCti￿tIeS Food and household supplies dlstrlbutlon 202S Food and household supplles dlstrlbutlon 2024 a5 restated Olrect costs Staff costs f urniture costs Stall and hub supplie5 Merchandise Children's toys Fundf3islng transaction lees Events Donated goods 118,400 19,769 14,533 14,769 2,747 491 137.636 1,081.037 106,535 16,969 16,553 15,203 2,914 706 LCKJ.563 1,022,743 1,389.382 1,282.186 Share ol SUFWOrt and governance c05t5 Isee note 51 Suppori Governance 129,168 14,48S 108,154 2,700 1.533,035 1,393,040 Analy51s by lund Unrestricted funds Restricted funds 1,518.035 IS.ODO 1,311,000 82,040 1.533,035 1,393,040 -20- DONS LOCAL ACTION GROUP NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Support tosts allotattd to activltles 2015 2024 Depreclarion and amortisarion Cleaning & pest roThlrol IT & software c05t5 Rent & r3tes Motor vpliicle pxpeiises Advert15inR & m3rketin8 Le8al fees & consultancy subscriptions Bank fees Insurante DBS check5 IT costs Aecruitmeni Accountancy fees Govefnance rosts 10.230 .1,990 13,4S8 8,779 15,480 10.205 21,125 5,793 124 9,392 1.057 14.718 361 14,456 14.485 4,073 3,818 14,001 4,120 17,177 25.542 lJ,730 1,942 6,415 1.566 7,600 487 9,681 2,700 143.6S3 110,854 Analysed between: Food and household 143.653 110.854 202S 2024 Governance costs cornprise.. Audit lees AccDuntan£y 13.175 1.310 1,080 1,620 J4,485 2,700 Net movement in fund5 2025 2024 The net movement In funds is stated after char8in8llcreditin81.. Fees payable ftsr thc audit of thtr thaTlty's financial stktements Depreiiation of owned tangible fixed assets Amortisjtlon of Intingible a5iet5 13,175 8,898 1,332 1,080 3,295 778 21 DONS LOCAL ACtION GROUP NOTESTO THE FINANCIAI sfATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Trustees DurinE the year, Trusrees were reimbursed 3 ioial ot £932 12024. C2.430I in respect of gala event5 and professional subsrription5. This covered expense5 for 2 TT115tep5 Durlng tho yoar, a Trusi¢o providÈd professional sorvicos to the charity amounting lo £37,689 12024.. E16,1501. These seivices were procured ai an arm's lengih rate. with authority givvn by the bodrd, to leverè8e their specific exper115e in lundrai5in8 and 8ianl bidding. No Trustees ieceiveé any iernunera¢iotb or other ernploymeni benelits dtsrinK ihe yebr12024." Nlll. ErnployèÈs The avera8e rnonthly nurnber ol employees durin8 the year wa 20Z5 Number 1024 Number Employment costs 2025 2024 Wages and 5)laries Social securily costs Other peD5ion Costs 109,5b2 6,230 2,608 94,867 9.G40 2,028 118,400 106,S35 There were no employees whose arnnual remunerètion was moré than £60.tXJO. RÈmuneration of key mana6ernent persollnel The remuyeralion of key man3Rement personnel was 35 lollow 2025 2024 Aggregate compensation 108,662 91.694 Taxation The charity Is cxempt from taxation on it5 aclivities bec3usE all lis intomÈ Is appliÈd tor tharilablp purpose5. 22- OONS LOCAL AcfioN GROUP NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI FOR THE YEAR ENDED31 MARCH 2025 10 Intangible flmed 35setS Soft%¥are Cost At I APTII 2024 and 31 Marth 2025 4,ODO Amortlgatlon and 5mpalrmtnt Al l April 2024 Amortlsalicn charged lor the year 779 1,332 Al 31 Mar¢h 2025 2,111 Carrylng arnount Al 31 March 2025 1,889 At 31 Mèrch 20?4 3.222 11 T?nglble flxed assets FIM¢¥r•bMd Mtrlor¥eh￿ Cost At l Aprll 2024 Addllions Disposals 1,328 2.120 11581 41,2C(I 42,528 2,120 11581 At 31 March 2025 3,290 41,200 44,490 Depreclatlon and Impalrment At l April 2024 Depreciation charged in the year Eliminated In respect ol disposals 87 658 1291 3,208 8,240 3,295 8,898 At 31 March 2025 716 11,448 12.164 At 31 March 2025 2,574 29.752 32,326 At 31 Maich 2024 1.241 37.992 39.233 -23- DONS LOCAL ACTION GROUP NOTES TO THE FINANCIAL STATEME￿5 ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2025 12 Stocks 2015 1024 Fumiture 4,545 13 Debtois 2025 2024 Amounts lallln¢ dug wiihin one year: Prepayments and accrued income 15,776 3.014 14 cred1t￿$.. amounts fallln8 due wlthin one year 2025 2024 Other taxation and soclal security Trade credliors Other cred1tors Accruals 2,848 10,003 975 22,551 2,410 13,793 396 2,700 36,377 19,299 IS Retlrement benef5t schemes 2025 2024 Otfln•d ¢ontrlbutlon schemes Chèrge to prolit or loss In fespect ol deflned wontribution scheme5 2.608 2.028 The charity operates a defined contribution pension scheme (or all 4ualifyin8 employees. The 3sset5 of the scheme are held Separately from those ol the charity in an Independently admin15tered fund. 24- DONS LOCAL ACTION GROUP NOTES TO THE FINANCIAL STATÉMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2015 16 Restricted funds The rosiritted fund% of the charify comprised b3larbCPS of donatirjns and granls held on (ru51 subject to spetific conditions b¥ donor5 as to hoL¥ thpy may be Jsed. At l April 2024 Incoming resource5 Resource5 expendpd At 31 March 2025 The London Communiiy Foundation Virgin Unite Local Legend5 io.(x S.CK)O iio.oooi 15.0001 Is,￿0 IlJ,OCYJI Previou5 period.. Al l Aprll 2023 Incoming resources Resources At 31 March expended 2024 Cost of Living EmÈrgoncy A8sistèThcc Grant Communiiy Or8ani5aiions Cosi of LlvinB Fund 20.C#XI 6?..040 120,0001 16?,040 82.040 182.0401 The London Community Fund . provided to help fund a voluntecr recruitment drive. entouraging greaier publi¢ parri¢ipèiion In ihe Community and help ro delwer more food parcels and furnilure to vulncrèble r?sidpnts In rhe arp.a, reducing financial pre55ure and Improvin8 mentol health and wellbcing Virsin Unite Local Legend5 - In order to lund 3 project focusing on improvinR the opeidtions ard incFeasin8 exis1in8 food suppcrt foT those In urgent poveriy in the communily, and to increase OPPDrliJiiilips loi Ihp COm￿y￿11V to volurtteer and othei welfare thdrilies LO partnei with Ihom Cost ol Living ErnLTrfgL'ncy A5SlStAiiiv Grant the 8raiit is to piovide tlie necessary Infrastructure to support Ihf: tuordii)atiuil all(1 Ileliver¥ ol emefgency food and supplies lo residEnis in need including th05p who are vulner,Ible and i501.Ited Corryrnunity OrganisHtIDns Cosr of Living Fund . Is being delivered by the National Lotitry Comwunily Fund, the 13reest community lutider In the UK. Granls wi 1 Support tharily 31 the froniline ol dealirg with the Increase In ihv r05t-Df-Iivin8. 25- DONS LOCAL ACTION GROUP NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH2025 17 Unr951rict¢d fund5 The unresiriited funds of the charity IDmprise ihe unexpended balances ol dDnations and Efant5 which are not subject to specific conditions by donors and grantors as to how they may be used. These Include de5ignèted funds which have been sel aside out of unrestricted fbnds by the Trustees for specific PLtrpose5. At l AprS12024 Incomlng resources Resources expended Tr3n5fers At 31 March 2025 General lursd5 Designated funds 421.961 8.000 1,558,860 11,518,035) 462,786 8,0 429.961 1,558.860 11,518,035) 4 10,786 Prevlous ptrlod.. Al l April Z013 In¢omlni resources R¢sour¢es expended as restated Tr•nsleYs At 31 Mar¢h 2024 •5 restated Gentrral lund% Designated funds 1.740.961 11,311,0001 18.nooi B.000 421.9GI 8.000 1.740,961 11,311,0001 429.961 The desi8naied funds arp lor ihe purchase of a new va 18 Operatlng lease comrnltmerts At the reporiing end éate the Charity had outstanding comrniiments for fvture mlnifflvm lease payments under non-cancellable oper31inK leases, which fal.. due as follows 2025 2024 Wiihin one ye6r Between two and five year5 5,000 S,ODO 5,000 10,000 26_ DONS LOCAL AcfioN GROUP NOTES TO THE FINANCIAL 5TAYEMENTS IC0￿[1NUEDJ FOR THE YEAR ENDED31 MARCH2025 19 Events after the reportln8 date In Jdnuèry 2026 Matthew Lock was appointed a5 Execulive Director. 20 Related party transactions Tran5aCtlon$ with relat¢d partles Ourin£ IhL YL'ar, a rLlaied party provided professional service5 lo the ch3riry amountinR to £4,48212024-. £4561. These services were procured al an arm's len8ih rate. with auihority given by ihe board. to leverage their specific expeftlse In consultin8 services. Ouring the year, the charity received donations totalling £5.22012024.. Nil) from a related party. The related pèrty is closely connected lo a Tru91*e. The donation5 were tnadtr untonditi¢nally and no amounls wer gUtstandin8 al the year end. 21 Prlor year adjustment A prior year pdlusirnenr hès tsel￿n mode to ¢orrectly recognise the value of donated ooods received. In the yeor ended 31 March 2024. donaivd Roods amounled lo £ 1.022.743. Incotne and ttssts have both increased by Iliis amount and tolal funds carried forward rernairl unchan8ed. 22 Cash generated from operat5ons 2025 2024 SuTpIv5 for the year 40.825 42Y,961 Adju51ment5 for.. Invc'stmcnt Income ieco8nised in slalernent of financial aclivilies Amort15ètion and Impairment of Intan8ible assets Depreciation 3nd impairment ol taneible fixed a55ets 113,7051 1,332 8,898 778 3,295 Movements In working £apital.. Ilncreèsel in stocks Ilncreasel In debtors 14,$441 112,7621 17,078 13,0141 19,299 Cash generated from operations 37,L21 450,319 -27-