REGISTERED COMPANY NUMBER: 14445112 (England and Wales) REGISTERED CHARITY NUMBER: 1202048
Report of the Trustees and
Unaudited Financial Statements
for the Period 26 October 2022 to 31 October 2023
for
Do It For Dom Limited
Try Lunn & Co Chartered Accountants Roland House Princes Dock Street Hull HU1 2LD
Do It For Dom Limited
Contents of the Financial Statements for the Period 26 October 2022 to 31 October 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
Do It For Dom Limited
Report of the Trustees for the Period 26 October 2022 to 31 October 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 26 October 2022 to 31 October 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
INCORPORATION
The charitable company was incorporated on 26 October 2022.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objects are restricted specifically to the relief of sickness and the preservation of health by assisting in the treatment and care of persons suffering from mental or physical illness, in particular but not exclusively Huntington's disease, by the provision of funds, promoting research, making grants to other organisations with similar purposes and other such support as the trustees see fit.
Public benefit
As Trustees we consider we have complied with the duty in section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission. The Trustees are aware of the Charity Commission's guidance on public benefit and the trustees ensure that they carry out their charities aims for the public benefit. The charity's public benefit is detailed below in our fundraising and activities.
ACHIEVEMENT AND PERFORMANCE
Fundraising & Activities
Following on from our success of raising over £190,000 between 2018 & 2022 the Do It For Dom Charity was established in 2022.
The Do It For Dom charity will continues to raise funds and focus on helping people within our industry suffering from or believed to be suffering from mental and physical health conditions. In particular supporting The Huntington's Disease Association Charity (HDA). We also provide support to families, assisting with and funding home adaptations. All participants supporting the charity are connected to the property industry. Over the last 20-30 years, many of us have forged great friendships through industry groups, national conferences, social events, and training sessions across England & Wales. We represent various roles within the estate agency industry and associated supplier network, ranging from sales negotiators, valuers, and business development managers to software developers, family business owners, regional company directors, and PLC CEOs.
Our first two Do It For Dom Challenges took place in 2018 & 2019. Climbing Snowden in 2018 and Canoeing 33 miles in 2018 raising a total of £145,000 for HDA. Due to Covid-19 we were forced to go quiet for large events but still managed a few smaller personal events raising in total over £44,000 between 2020 & 2022. This included Suzanna Mavity climbing Kilimanjaro over Christmas, Kristian Byfield dressing as a Viking for events, Mark Bevan's bike ride and a team of us taking part in the Agents Giving Dragon Boat Race.
Our first fundraiser as a charity was in December 2022. The Agents Giving Charity along with Peter Knight's EA Masters event in London kindly arranged a presentation and collection during the conference that raised £19,402.
In 2023 our annual challenge returned, the first under our newly formed charity. On one of the hottest days of the year in May over 100 agents and suppliers raised over £65,000 climbing '3 mountains', Mam Tor, The Great Ridge and Win Hall Walk in one of the most beautiful places in the Peak District covering 11 miles to raise funds for the charity. Costs of the event amounted to just over £14,000.
For our annual event in 2024 we are planning an Adventure Challenge.
In November 2023 the Charity donated £25,000 to the Huntington's Disease Association.
Grantmaking
Do It For Dom has a formal application form for grant making which is available on the Do It For Dom website. This also includes the terms & conditions. Applications and requests should be emailed to graham@doitfordom.co.uk who along with fellow trustees will consider applications.
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Do It For Dom Limited
Report of the Trustees
for the Period 26 October 2022 to 31 October 2023
FINANCIAL REVIEW
Investment policy
The Charities surplus cash reserves are held by its bankers.
Reserves Policy
The Trustees have established a level of reserves (that is those funds which are freely available) that the Charity ought to have.
At 31 October 2023 Do It For Dom Limited had reserves of £63,881
Going concern
The board of trustees consider that there are no material uncertainties about the ability to continue as a going concern.
Public Benefit Confirmation
The trustees confirm that they have complied with their duties in section 17(5) of the Charities Act 2011 with regard to public benefit guidance published by the Charity Commission.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The origanisation is a Charitable Company and was incorporated on 26 October 2022, and was registered as a charity on 22 February 2023. The Charity was established under the constitution which establishes the objects and powers of the charity.
Recruitment and appointment of new trustees
The Trustees are Charity Trustees for the purpose of Charity Law and give their time voluntarily and receive no benefits from the Charity.
All newly appointed trustees are provided with induction training in accordance with induction guidelines.
Organisational structure
The directors/trustees meet on a regular basis to discuss the fundraising opportunities for the Charity and all other ongoing operational activities.
Related parties
Do It For Dom Limited operates independently and has no formal links to other organisations and no subsidiaries.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
14445112 (England and Wales)
Registered Charity number
1202048
Registered office
40 Main Street Horkstow Barton upon Humber DN18 6BG
Trustees
S L Mavity (appointed 26.10.22) T M Shipside (appointed 13.12.22) Mr G Wilson (appointed 26.10.22)
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Do It For Dom Limited
Report of the Trustees for the Period 26 October 2022 to 31 October 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Try Lunn & Co Chartered Accountants Roland House Princes Dock Street Hull HU1 2LD
Solicitors
Wilkin Chapman LLP The Maltings 11-15 Brayford Wharf East Lincoln LN5 7AY
Bankers
Natwest 225 High Street Lincoln LN2 1AZ
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Do It For Dom Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Mr G Wilson - Trustee
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Independent Examiner's Report to the Trustees of Do It For Dom Limited
Independent examiner's report to the trustees of Do It For Dom Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the period 26 October 2022 to 31 October 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Andrew Ewart F.C.A F.C.C.A.
Try Lunn & Co Chartered Accountants Roland House Princes Dock Street Hull HU1 2LD
Date: .............................................
Page 4
Do It For Dom Limited
| Statement of Financial Activities | |
|---|---|
| for the Period 26 October 2022 to 31 October 2023 | |
| Unrestricte | |
| fund | |
| Notes | £ |
| CHARITABLE ACTIVITIES FROM | |
| Charitable activities | 83,353 |
| EXPENDITURE ON | |
| Charitable activities | |
| Charitable activities | 19,472 |
| NET INCOME | 63,881 |
| TOTAL FUNDS CARRIED FORWARD | 63,881 |
The notes form part of these financial statements
Page 5
Do It For Dom Limited
Balance Sheet 31 October 2023
| Unrestricte | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Cash at bank | 65,362 | |
| CREDITORS | ||
| Amounts falling due within one year | 3 | (1,481) |
| NET CURRENT ASSETS | 63,881 | |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 63,881 | |
| NET ASSETS | 63,881 | |
| FUNDS | 4 | |
| Unrestricted funds | 63,881 | |
| TOTAL FUNDS | 63,881 | |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.
The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr G Wilson - Trustee
The notes form part of these financial statements
Page 6
Do It For Dom Limited
Notes to the Financial Statements for the Period 26 October 2022 to 31 October 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Governance costs
Governance costs are recognised in the financial statements on an accruals basis. Governance costs include all expenditure which is attributable to ensuring the public accountability of the charity and its compliance with regulation. These costs include external audit and strategic management advice.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 October 2023.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 October 2023.
continued...
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Do It For Dom Limited
Notes to the Financial Statements - continued for the Period 26 October 2022 to 31 October 2023
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| £ | |||
|---|---|---|---|
| Trade creditors | 1,121 | ||
| Accrued expenses | 360 | ||
| 1,481 | |||
| MOVEMENT IN FUNDS | |||
| Unrestricted funds | Net movement in funds £ |
At 31.10.23 £ |
|
| General fund | 63,881 | 63,881 | |
| TOTAL FUNDS | 63,881 | 63,881 | |
| Net movement in funds, included in the above are as follows: | |||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
| General fund | 83,353 | (19,472) | 63,881 |
| TOTAL FUNDS | 83,353 | (19,472) | 63,881 |
4. MOVEMENT IN FUNDS
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 October 2023.
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Do It For Dom Limited
£
Detailed Statement of Financial Activities for the Period 26 October 2022 to 31 October 2023
CHARITABLE ACTIVITIES
| Charitable activities Just Giving donations Conference event donations Event entry fees and sponsorship Raffles & auctions Bank interest received Total incoming resources EXPENDITURE Charitable activities Event costs Website & domain Support costs Governance costs Sundries Legal & professional fees Independent examination fee Total resources expended Net income |
48,533 19,402 8,042 6,971 405 83,353 83,353 14,103 185 14,288 48 4,776 360 5,184 19,472 63,881 |
|---|---|
This page does not form part of the statutory financial statements
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