THE MORNITIG DEW FOUNDATION REPORT AND FINANCL4L STATEMENTS FOR THE YEAR ENDED 7 FEBRUARY 2025 CHARITY NO: 1203463
Thc Morning Dew Foundatlott Flnanclal statements for tht yer Ènded 7 February 2025 Coxtents Pate IEal and Adminstrative Information Reptrrt of the Th]8tees SteMent ofTNstee9' Re8pon&ibiiitiea Actountants Rewrt SteMe1)t ol Finaneia] AcLlVities Balance Sheet Nvtc& to the ACcintS
The Mornlng Dew Foundatio Flnanci41 st&temtnt& for th yeat ended 7 February 202S Admlnlstrative inforntIOn Chthty Name: The Moming D¢w Foundation Chlty Reglotratlon Nutthb¢r; 1203463 ReKlsteTed Office Addr¢w'. 163 Greenh&ven Drive, London, S&28 8FU Trustes.' Edt Am3fta vinc.ent Ogaso Ileaboya Mary Obamudi Ac¢ountant.' 678 Consult Limited 100 Lincoln Road ETitli Kent DA8 2]yr BnkÈr'. Uoyds B£k Wtsimitister House SwAn$ea OSC. Epona House, Pheonix Way SA7 9HG Page I
The Mornlng Dew Foundation Report of the trn6tÈ¢s for the year ended 7 F¢hrnAry 2025 The chATIty8 4r¢ ¢f opÈttlon and UK chatltable T•glstTatlon The Morning Dew Founddt2vn I'fMDF) is a iegistered Charity based in the Ruyal Borough ef Crreenwieh. to relieve the ne.e.ds of childre.n and young people iyith any form of di¥abthiy or $p¢¢iai needs, their famiiieg aDd their t#rer8. The ch&Tity 18 registered with the Charity Commi$$ion in &n8land & Wales ICCEW) with the charity nvmber 1203463. lgal s¢Tuetwe of th• ehgrlty The Lharjty is constitiJt¢d A$ 3 eharitable cOrporated organisatn ICIOI foundatitin registered ( 8th June 2023. A)1 the trustcrs arc indiwduais. Th¢ trnstetg ltt ofllee on the date the report was appToved The trstetS in oifjce on the date thc repori was approved are as tshowD on page l. The foll•wlng p¢r8oDI a8 tnwt¢¢$ durinK th¢ year etsd¢d 7 Febrw 2025 The. trnstees who served a5 tru$tee$ in the reporting peTiod. are a$ 8hcpWn on page l. Our Almo And ObJeetive8 The pnncipal activities of the LhJxi(y are provision of relief io yvunB people with disabilty OT $pe¢ial needs and their famJies and Larers by". Al Providing atce$$ to good quality advice and informatjon. Bl Knabliiig more fttmili¢s to reeeive and provide peti ¥upJx)rt to each other. Cl Offering Support to carers by providing respite care. Aetivitie8 uttdettaken duzlni the yeat tts further the ¢harity'o for tkn pllblit bts•fit During Lhe year llndcr rewew. thc charity Under0 the following ". Supported vulncrable fpmilie3 by providing respite $erri¢e9. Or8ani8ed Lrips for farnllie& to reduce i501ation, and protnote mental health and well being. AL"tivities for SEND ¢hildrt.n tC> improve social skill$, mak¢ new friends 8md learn new $kiiis. - Fo(xl provision for vulner&ble lamilies to 3upport with eost of living cris18. - Coffee mornings for carers to reduce isolation and Tneet new people. Community event$ to promote cornmunity ctrhe$ion PaEe 2
The Morning Dew Foundv4tion R¢poTt of th¢ ¢ruotet45 for the yé#r ettded 7 February 2025 The clwlty¥ $trtegles for achlevlng Its And obJg¢tiv¢$ In the future Cuiltliiue tu Illujk willi ou5 parLlleF3 to source lor iuiidillg a.'Id dona-iun& lo.- our work th thc community. b. Collaborate with otheT dwities that have the Same aims arjd objectives lo enhance senry¢e delivery lu ihe c'ornniunity. c. Continue to Teach oui to as many individuals and families thAt need supp)rt and respite Gqre. Volunteers Ilie chai.ity depends on the 8uppofL of its volunieers. uTrhi¢h is mueh appreciated. The volunteers arc irjvolvcd in 8erce Pro&ln and admini$¢rauon. Stsu¢tiir¢i gov¢rn4nee aDd manthKe]ttAt The ui'LTail ¢untrol of the ch&nt>' Ib the iesponsibility of the board of trustees who are Verned bs, the Constitution adaplcd on 8th Julie 2023. ineipdl fundlttg 8our¢•A This is provided mnlY t.hTough donations and 8ranis. In the year under rtview. the. tr.h3rity W&8 able to secure fundit]g by way of grant from The IA>ndon LomnLunity Fund, Gr¢urJdwork London, and Peabody CoTnTllunity Fund. The IA)ndon Borough ofBex]ey aJ5o fundrd childTeth placcs for E4sier and 8urnmeT holiday clubs. Pianrl for the future Cnniiiiue its piovide supp¢>rt io families and carer8 of }ng peDple. with disabiity or Speci needs. Continue to partner with our current funders £0 cre&t new relationships for fund genersLtion to eel the objt¢tiv¢g of the charity. Continue to work with other 4gencies and eharitie8 with Similar objeetives, irt the area and its enviTons tè advance the aims and objectives of the chaTity to prowde acccss to good quality &dvi¢e ¥J)d information, enabling Tnore fwlnilies of ¢hildren with disabilty ond Special nevdg offering Tespite care to familleg and esarers. Page 3
Report of tb• tTrJt•i tot tb¢ y •tsd•d 7 F•knary 9025 st•t•m•%t •f trn•te•' Y••pog•lbllltle• Tjivr cliariti a tnii¢r itll)OTixiI)le for Ilie i11)rt1101Tr of attQL41114 #CnInCe wilh thè lonn• of Ibe ChAriiie• Aci 201 1 rtnd ihe ¢linritie IAttnunl• &iid Rertl Re&In¢l0111 2(MMS, NafwihBIAndhllB the pIlEI PJQUiTtinent ill tlie extnni •iHLuloTh- rn$Lilotioii•. tlio ClbnTilie• IA¢couni• R¢portil RegulntioD# 2008. 10 I>T•IKi Lhv finf¢iirlfyl BtAi¢nieiit• hc¢oNlniice the SORP 2005, in viw of ih lth¢t thNi lh SORP 2005 11fti Ixeti m'ilhdiafft, tlip (ruiieei determincd w inierprti th1• re•pvniibs1itv rt4Uirin8 thein i(> follom. tuiruiit plICe prrw¢ Ilit llccounts Acwrdin8 to FRS 102 SORP 2015 Is¢•temaiii of Remmrn¢Tided Pratticé for Ateountiiis iid RépofiiiiB Cheritioll 2015, IA •niended the bulletin i••ued iii Octohei 2018 Aiid iJpli¢8ble io All &¢ecuntinK period• beginnins o of An¢r lt JonuAry 20191. SORPI. In porti£uknr. cliAlIt!" lau. regul• the kru•tet• ID prepAr¢ fiflaTJc>uI thtBmenii for each finAn¢i•l ve•r knich a tsiJ2 aDd f&ir ¥iQll" tsf tht Btht¢ ol &lfairll of Lha chRriLI' •• Eit thE end of the fin&ncits) ye.ar al Df its of ihe surpliji and defieiL ofthe ¢httritY. In p¥epJYin8 tholle fLnn¢lal t&mont• Lhe truike prEpaTr the atcèunis in RceordAnee Li Uiiited Kiii¢doJn Gentrnil) A¢cept¢d Aoeountivg etIce IUnit¢d Kingdom Ac¢ouliTI8 St&ndArd• Bpylicable lai4'1'. ¥¢iect Aui¢able &ccountin& wlicie8 ond thn applv Ih¢m conDiNtsntl!': make jud8ementB Apd estymF4teB that reaionable and Pdent.. p¥tp4st the fin¢>1 8t3ieTnents On the OT) 8oini concem baBi• unl¢•• %1 io in8ppropTitr to pYe•uiyie thAi the charity TrI1 eontinuB ori th&tbFAryiZ'. stRth iihether applicable 8ccountiDg 6wndardJ stthmenl8 of recortmwDded prncticts have bee rollowTd, ?b]ect t¥ an). mateTiwI departure• dbqcIDMd and eKpbiDEd in the •tstrment. The InJ•tÈe• are a]80 YeswJn•ible lor Tthpintsining Propr r8eord• whi¢h dis¢loJè rEasonable accvraei. &t eni. tsTOe the finAneial po3itiOD of the ch1. thhich arE ourfficient to hl. nd explAin Ihe charit% s tr&nsaction• and ¢nablo them to 4n•ure ih&t the finaniYAI wtatrments c¢mpl!- Mith rtykntioll# fnode llndr the Chariiieo Act 2011. Thtv pre also re511b$B for 68feBuatdin% th¢ aisetB of the ehafitr. And heTJ¢e for ¢Akin8 r¢&sottabJ• etep4 for Ihe pyevention And dettsction of frnud othr iTIetUlit1¢9. The truBtte¥ Art alio r¢sy)nsible foT the contents of th8 tsUJtee8' reptsrt artd the Btstuton. re8oo#aibilits of the ndependtni accouniant in relatiQT) to the tni•tee' rep)rt i? ljrnited to ¢xpmining the reTK>rt and eD•urin8 that. on the [¢ ofthe rep)rt. thTe are rto mat¢TiAI inconsi?tencieo with ftyurei di¥cloBed in the finenc1 •tatÈmeDt•. Thii rport WAS aPPFo¥¢d bv the board ottDigt¢ee on Sth DÈcember 2W25. Vin¢p gaBO Ile8kK>V Pa8e 4
The Mornlng Dew Fourtdt&tio Independent AecouDtant'B report for t]Le y•ar ended 7 F¢brnary 2025 We report on the fanCIal statements of The Murning Dew FoutLdalion for the year ended 7 February 2025 whith comprise rh¢ Statement of Financi A¢tiw¢ie$, lh¢ Income &nd Expenditure Actount, the BalaThce Sheel the related ntsie$ la the fjnancial statetnents. including a summary of 8ignificant ccounting policies. In our opinion, the actompsmsing fjnancial statements of the charitable incorwkr&ted orgEIs&tion are prepare.d, IT) all maLcrisJ respects, in accordan¢c uryth tht charity law appbcable within the jurisdi¢tioft of England & W&les and the ¢wunts have been prepared in ¥CLrdance to FRS102 SORP IStatemei)t olRer.ornJncndcd FtraLLiee lor Accounting and R¢porting by Charitie812015, &$ ¥meAded by the bulltun i$$ued in October 2018 applicable to all accounling ]xriud$ be8irtning on or after 1st January 20191. rfhe SORP). publighed by the Charity Commis3ir>n in Eng]and & Wsles ICCEIY, effective January 2016, under the historical co$t Convention, in accordan(r with the t0ting policies set out on page 8, which frAmework eon8tLtutes the applitable Unit¢d Kingdorn Generglly Ae¢epted Accounting Fractice. Re8p•etlve responslbUltle of trn8tee8 and the Lccoutttthttt As de&Lribed on pagÈ 4. you. the charity'8 trustees, are iespon$ible for the preparation oftht ¥¢¢ount8. The trustees cotLsider that the Audit requjretuent of Se¢tion14411l of the Charities Act 201 I (the Act) doe$ not apply. The trustees also consider the chariiable (x)mpany to b¢ exempt from the requirenLent to be subject ¢0 indcp¢ndent examination. Our responsibility 13 to pr¢pare aCt¢>unts upon the basis of the information supp]ied to us. without conducting any forn1 scruitiny. r40 at•teJnent of oplnlo We have Dot carried oul ELlly audit PTocedurc and havc relied upon infonnation supptsed to U3 by the trustees, and the irLfvmaiion supped by the trustees in the coui$e of th¢ exan)ination is T)Ot subjerted to audit tests or enquiTie$, and congequentiy we do not expre$$ an audit or other as3urarLce opinion on the view given by rhe accounts. 678 Con¥ult Limited Charlered Accountsnts 100 l.incoln Road Erith Kent DA8 2tYr 5tlx December 2025 Fage 5
The Mornitig Dew FouttdAtion Statement of Fln4n¢lal Actitle$ for tthe year ended 7 FebruAry 202S 21)25 2024 R•xtrltt4d Pundk T•tal Pundd Tnta] Fund Fund• ItLcome Dondtiuns and grallt Tot iThcomÈ 78.3B8 78.388 34,798 Expetsdltur¢ on.. Charitable activities Total exp¢ndlture 70,8 14 22,692 riet for the year 7.S74 Y,S74 12,106 Net ltteoM• aft$r ttAnAf•r• 7,$74 7.574 12,106 Net movejllettt IA fund• 7,574 7,574 12,106 Total tutt4 brought forward 14.380 14,380 2,274 Total fund ¢oxrled fonvard 21.954 21,954 14,380 Th¢ notes &tt&ched on page$ 8 to I I fonn inte8rai p( ol these *e¢ounts Page 6
The la•rLlni DÈ• F•undthtJoD Sheet •¢ 7 P¢brnAry 2025 2030 21Y24 Fixed Haaeta I,l34 373 Cash at b1 And iii liand QeblOE7 2J.340 14.S38 21.3Jl 14,538 Cr•lltorn 18311 IsJii ilet eurTent lluets 20.820 14,00? Ilot u¢t• 2J.9B4 14.380 LEnresrted reiynue lund l2 21,9¥4 14,380 Total fuud• 21.9S4 14,380 The tnJJtees orkoii'ledke iheir reypon5ibilitie¥ fo¥ rompliing 1th the rtyuiremeDt& ofchaTili le8i¥l&tson ith re•peci io ¥ycgun¢ini IWQTYIJ &nd the prEp4TaliOJl ofAccounts_ Th¢ chafili is iioi subietl 10 indeDendcni e%in31nati(a U•er chw7ts' leoislaiioil. ld the r400rt ofihe indepndent A¢¢gufiLqtIt IB on paqe S The Ingteea art utssfied thai. althou&h the charih" i noi re8jÉtÈtpd uiidr the compAr)I Acts, ifit "ere so jl M'ould eligible tD PTEPAlt •rtount8 in ar¢onlAnce the PTOViBiOnZ in Pèrt IS of the Companies Aet 21N)6. applieablo ID c¢>nipAiiies subject to tht #mall ¢ornpanie tEgime. Vinrent Yruqteé Approved kn- the boord of truJt•e on 5111 tlecemEtr 2025 ta40 Ileab)%'a The •ti&rhpd on 8 10 1 I forwn Iw inteyxl part of th¢&B accoun1¥
Th¢ Morning Dew Found4tlott Ilotes forming part of the fin•ttcitil statements for th year ¢ndÈd 7 Febtuary 2025 l. Accountlng Pollcles Tlie principal accounting pulicies are sutnmarised below. Thc actounting policiea h&ve been applied conai8tently throughout the year and in the preeedjng yesj. IAI Balis of preparation atsd ¢countin¥ eonvtntio The accounis havc bLLn HrLpHrcd on tlie accrud ba%is. under the historicd cost convention, dJd in ¢eordance accordance with the FinaAeial Reporting StarLdard 102, le(feLtiVe 1st January, 20161 and FRS 102 SaRP Islaienienr of Rec.QmTncnded Practice for Accounting and rtporting by Chanttcsl 2015, IFAS ended by the Bulletin issued in October 2018 arjd applieable to all peTiods beginDstJg on or after I gt January 20191, rrhe SORPI, publi.%hed by the ChLtY C¢mmis$ion in F.ngland & 1c3 ICCEIVI, effettive 2016, and in aCCord¢t with applicable law in tbe ¢hAnty's juri8diction of registration, except that the charity ha8 prepared the financial statemeiit in acctsidance with the FRS I02 SORP 2015, la8 amendcd b), the Bulletin issued in O¢Eober 2018 and applicable to laccoUnting period$ begtlg on or after 1st JAttuary 20191, (The SORH, In PTeferEnce tf the previous SORP, the SORP 2005, which ax beeIi withdrawri nolwithstandirtg the. fact that Ihe extant %t2llJtrJt)p regulations, the Charitie8 IAccounlS aAd Reptsrtsl Regulation8 2008 reler expbvtly to the SORP 2005. Thi$ as been done to &ccoid Vth CUent best prgiclice. Ibl Futtd eeottLtini Unrestricted funds aTe available Ior use at the discretion of the trustees in furth¢rance of the generAI objectives )f thc ch&fity. UTJfcbtricted funds tnay irttludt a rtvaluation reserve repTesenunR the restatement of investment Ssets at market VUeS where applicable DesjErtated funds unrestricted lurLds faTrnarkcd by the trustees for partiujlar purpo$És. Restntt.t¢d furLd8 are subjected to restriction¥ ori their expenditure llnpo8ed by the donDr or through the terms of an dPPtsI. (el W&ture, ¢ategori¢s and r•cognitloJx of itt¢ome All iiir.om4'.% are included in Lh¢ slateinettt of financial actiwtic8 whcn the ¢hataty is eniitled to the ittMe atld tl)e LJ:lOUlIt quinLIl"-ed '1[h rcabvrJubl¢ uCLiiracN'. TheJvllT4rfA9 $pee*llc policiés are uppU¢d to porttcular categorles OI In¢om•.' voluii13ry ncoine '.% Te.o.eii'ed by wa! o( kjrants doillljolls 7Dd 1% Includc.d in fLIll iIi Ilie slaternent ol &itiVllies wlieii iec¢iveablt. Grant, wli¢x¢ <ntiUrin¢t)L is condjtsoiial on tl)e delivery of a specific performanet by the charity, are Tecognised when the eharity becoTne3 unconditsotk411y entitled to the grant. Dojwted serviees and f&cilitie$ are irt¢ltsded at tlie value to the charity where thlÈ can be quantified. Idl Volunte¢r& In apcnrcanoL' Ivilh SORP, LULd in Tecognitinn of the diffir.ulticB iti plaiing a monetary value on the 8Èrvices from volunteer&. the cost of volunteer8 18 not included thin the aeeount of the charity. l•1 RecoKnitlox of Ilabaiitl¢8 •ryd ¢zptnditur• A bobjlity gnd the related expenditure is recognised when a legal constructive oblig8tioD exi¥l¥ a$ a re$ult past event. and when it is likely than not that a tran%fer of cr.Trnomic benefit will be required settlemtnt whcn thc aTnnunt of the oblig&tion can be ]nea$ured or rtliably estirn&ted. LiAbibtle8 an&ing from luture fundiDg CQlI)Iriitmettts and consLructiire obligali(Trns, where the timing or the mount tsfthe futijre expenditijre required to setdc Ihe obligation are uncertain, give ri¥¢ to A provi¥ion in the ac¢ounts. which )s r¢vIev1 at the accounting yÈar end. Pagc 8
The Mornittg Dew Foundatlon Note8 formlng pRrt of the finan¢lal statetnÈttt$ for the year ended 7 FebTUary 2025 2. Don4tlonts Vtsr¢¥trirt¢d Re4tricted 2025 2024 Donatiom Grant othe.r. Totsj donation$ L30 24.439 03,819 78.388 130 24,439 S3,819 78,388 31,198 34,798 Charlt&bi¢ 4¢ttvltl¢s Support Governonce Cost 3. ChArltabl• eApendituYe 202S 2024 Cbarltable actlvitie Cost oJactl¥ltl¢$ Infurthernnce OJ ¢h4rltys objectlpes 111.305 10.30S 10,306 10,305 4,643 Support costs Premises Adtninistration Others 1,820 54,058 1,231 S7.109 1,820 54,058 1,231 S7,109 14,262 187 15,649 Gorrtanee costs Professional fee.s 3.400 3,400 Total chaTLtable •KpqndltllT¢ 70.814 22,692 4. Net surplu6 before t•x th¢ flnanclal year 2026 2024 This is 5L&(ed after chasging.. Depreciation 40Q 400 94 B. Income attd xpndl¢yre Account 202S 2024 At 8 f4ebruary 2024 SuTplusldefirrit after tsx for the year At 7 February 2024 14,380 7,574 21.954 2,274 12.106 14,380 6. Trnatee• renkuneratlon & ¥elated pay tfAtt$¢tI• Neiiher the trustees or any peT8QllJ cvnneL.ted with t1}e reIVed any rernuneration duTing the year. A8 a ch&TLly, The Morning Dew Found&tion is Èxempt from taxation in Te.spert of inc.ome or eapital gain3 r¢eeived ivitliin catcgDric5 ctsveTed by ch&pter 3, part 1 l Of the Corporation Tax Act 20JO or $256 of the Taxation of Chargeable Gain5 Act 1992, to the. exL£nt that these are applied ex¢liisively to its chaTitable Page 9
Thè Mornlng Dew Foundation Notc* fonnln¥ part of the flttanelal rtat¢Jnent8 lor the year ettded 7 February 202S 8. TanKINe fiA•d a¥Jet4 Play Equipmtnt ol¢e Furniture & Equipment Fittings Total At 8 Fcbrnary 2024 AdditSons iti the period Ai 7 Febrnjary 2025 DEPRECIATION Al 8 February 2024 Clwge for the period At 7 February 2025 Nrf BOOK VALiIE At i February 2024 467 467 1,067 1,534 1,067 1,067 467 94 93 187 94 306 4011 213 213 $73 373 At 7 Febtll 2025 280 8S4 1.134 9. Debtw8 2025 2024 Prepaymtnt 9. Crodltoii 202S 2024 A¢¢ruAi$ - Accountancy fees oihery 400 131 S31 400 531 10. Atsaly81¥ of nèt betw••n bJAd¥ UnTe¥trirtcd R¢¥trleted Fund• 202S 2024 Fixed assets Currcnt assets Clurent ]iabilities Net a¥set¥ at 7 FebruAry 2025 1,1.34 21,351 5311 21,954 1,134 21,351 1531 21,954 373 14,538 53] 14,380 At8 Febnwy Ineomlnz Outsoing 2024 R•wurces Rr¥our¢¢• At7 February 2025 ReBtrlotèd futtd8 Total Testrirtcd fi]nds UnrestsAeted fund$ 14,380 78,388 70,814 21,954 Totd ijnrestrieted lunds 14.380 78,388 70,814 21,954 Total fuDdo 14,380 78.388 70,814 21,954 Pagc 10
The Mornlng Dew Foundatlon In¢ome and Expendlture Account for the year ended 7 February 2025 2tr25 2024 Income 78.388 34,798 LEBS EXPENDITURE Cost of a¢tlvltle8 In further ot clk&tlty'a obiectivtts Purtr.hases Transport & travel 9.756 549 10.305 3,988 655 4.643 Support eoth . cknrltsblo *etlvAtles Prefftts¢$ ¢osts ReDt 1.200 1,200 1,820 Adm(rtl$tratlon Printsng and stationery Telephone Website Insurance L4snk charges Books Admin expentses Chi]diare expense Children a¢tiirites Volunteer expcn8cs Staff expenses 326 90 133 120 772 131 49 500 500 4,852 9,1.32 38,352 54.OS8 2W 2,467 10,592 l4,262 Other ¢o$ts Deprcr.iatsnn Training Siindry 3n6 374 551 1.231 94 187 GovernaA¢t ¢tI- eh&rltable actlvltle$ Prolessi02ial ftes AccountaeY fees 3,000 400 2,0 400 Surplua foT tht ymr Su4>lux brought forwayd xrpluts ¢4rrled forwaTd 7,574 14.280 21,954 12,106 14,380 Page 11