Charity number. 203142 THE DOLPHIN SOCIETY UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Bishop Fleming THE DOLPHIN SOCIETY CONTENTS Page Reference and Administrative Details of the Charty. its Truste•$ and Advisern Presidonvs Statement Trustees. Roport Indgpondent Examiner's Report Statement of Financlal Activities Balance ShèBt Notes to the Flnancial Statements 9-16 THE DOLPHIN SOCIETY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEwfEMBER 2023 Trustees John Hollingdale David Pople (resigned 15 November 20221 (re-appointed 7 June 20231 Joyshii Sarangi John Davies Helen Elizabeth Moss OBE Sandie Foxallsmilh (resigned 4 May 2023) Ethard Corrigan Paul Brown Jane Elizabeth Palmer lappoinled 7 June 20231 Charity registerod number 203142 R¢gistered office clo Evelyn Partners Pothall Place Portwall Lane Bristol BS16NA Administrator Sean Hollinswaile Bramford House 23 Wesffield Park Clifton Brlslol BS6 6LT Independont Examingr Bishop Fleming LLP Chartered Accountants 10 Temple Back Redcliffe Bristol BS1 6FL Bankers National Westminster Bank Pl Bristol City Office South West RCSC 740 Waterside Drive Aztec West Bristol BS99 5BD Invostment Advrdors Evelyn Pathers Invesknenl Management Pothall Place Portwall Lane Bristol BS1 6NA Page I THE t)OLPHIN SOCIETY PRESIDENT'S STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The President Presents his statement for the year. l am delighted to report another successful year for the Dolphin Society. We raised over £100,000 through the Annual Appeal which reftects the enduring support we enjoy from our community, friends and contacts. We apply our funds wtsely in financing projects that have the maximum impact supporting thè elderly and infirm in our area. We continue to contribute to the Independent Living Fund provided by We Care Horne Improvements which enables older people to continue lo live safely and comfortably in their own homes. We have also expanded our funding for services that enable older people lo aC￿sS the advice and services they need like those Provid￿ by North Bristol Advice Centre and Age U We look an active decision to support more organisalions this year and reduce the funds we carry over from one year lo Ihe next. We were therefore able lo make contributions to the Sornali Resource Centre and Mamialade Trust both of which do amazing work breaking down barriers for lonely and disadvantaged people in our area. Recognition for the work of Marmalade Trust came in the form of an OBE for its founder Amy Perrin in the New Year's Honours List which we were delighted lo see. The Dolphin Society has a great tradition of funding projects that go on lo achieve much wider acceptance and funding. We championed pendant alarms before they became more widespread and more recently we funded a project lo help with the problems aSs￿lated with hoarding which has now been picked up by the Local Authority. In line with our objectives, we Continue to look for projects that are innovativ$ and Can make a real differen￿ to pèople's lives. As always. we are indebted to our Administrator Sean Hollinswaile who works tirelessly in support of the Society and also to my fellow Society members who have made my year an enjoyable expeiience. l am particularly grateful to my suecessor, Paul Brown, for picking up the m8nlle from me and Jane Palmer who waits to tske offi al the end of this year. In a world of changing lortunes our Society has stood the test of lime and long m continue I do so. Edwa Pre Dat nFCA 212023 n12 Page 2 THE DOLPHIN SOCIETY TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The Trustees present their annual report and financial ststemenls of the Charity for the year ended 30 September 2023. The financial ststements have been prepared in accordance with the a￿oUntIng policies set out in the notes lo the accounts and comply with the Charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable lo Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in Oclobor 2019. Objective8 ond activities Maln actlvities undertaken to lurther the charlty'8 purp080s fortho public benefit The objects of the Society are lo appty the income and capital of the Charity for the following charitsble purposes.. {a) The relief of elderly or disabled persons who are resident in Bristol and its adjoining local authority areas and who are in need. hardship or distress trj maintain a high quality of lrfe and independence by such means as are appropriate, including assisting and supporting them lo live in their own homes- {b} The proviston of support for the elderly and disabled in need, hardship or distress in such other charitsble ways as shall be proposed by the President for the lime being in any appeal made on beha￿ of the Society. The Society has complied with the duty in Section 17151 of the CharitÉes Act 2011 to have due regard to public benefit in carrying out the above objectives by.. lal promding or paying for goods, ge￿ICe8 or facilities, for example provision of pendant alarms lo older and disabled people in financial need,. and making grants of money to other persons or bodies who provide goods, s9rvices or facilities to those in need. for example funding WE Care & Repair to provide adaplalions lo the homes of older and disabled people in financial need. {bl Achievements and perfomiance Finan¢lal review . Going concgm After making appropriate enquirie5. the Trustees have a reasonable expectation that the charity has adequate resource5 to continue in operational existen￿ for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial slalements. Further detsils regarding the adoption of the going concern basis can be found in the accounting policies. Page 3 THE DOLPHIN SOCIETY TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2023 b. Flnanclal review Donations received during the year, tcgether with Gift Aid repayments amounted to £1(Y2.03212022.. £128,229). Investment income for the year totsiled £3,513 {2022.. £5,150}. Direct charitable expenditure amounted to £106.61512022'. £160,659). Support costs of the Annual Appeal and of administration were £27,56612022'. £21,816}- The deficit for the year after unrealised gains on investrnenls was £25,641 (2022.. £81,005>. The unrestricted fvnds at the year end were £85,90512022-. £111,546). The Society has had a deliberate policy of increasing 115 charitable expenditure in recent years to utilise rts surplus reserves. The planned designated reserves at the end of this year were £70,000 (2022.. £100,000). The result for the year reflected this policy with a deficit £29,393 before adding the unplanned unrealised gains on investments of £3,752 Producing an overall def￿11 of £25.641, theieby reducing unreslricled reserves to £85.905. c. Reservos poll¢y The Society is working towards reducing ils ReseNes to bts agreed level of approximately £70,000 and its future policy will be lo match ils charitable expenditure and overheads to ils annual income. Structure* governance and management a. Constitution The Dolphin SOc￿ty is a registered Charity which was established in 1749. The Charity work5 to enable the elderly to live independently and with peace of mind in their owt) homes, which is a continuing and growing need. These accounts incorporate the activities of the Edith Gardner Charity, L B Welchman and Emma Howell Trusts. Mombers {in addltlon to Truste&sl Mimi Avery Roger Baird Keith Bonham MBE DL Hon. Vere Boscawen Robert Boums DL Denis BuTn Giles Clarke Chris Curling DL Martin Davies-Jones (Dec'd 6th October 2023} Andrew Densham CBE Fiona Densham Martin Flook Sandie Foxall-smith Tony Heaford Michael Hill MBE Mike Lea Laura Marshall Dayrell McArthur Bob McKinlay Vanessa Moon Ajfred Morris CBE DL Jos Moule stephen Parsons MBE DL Mary Prior CVO MBE Tim Pyper Tim Ross Trevor Smallwood OBE DL Roger Smedley MBE Frank Smith Sir Jame5 Tidmarsh KCVO MBE Page 4 THE DOLPHIN SOCIETY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 structure, governance and management (CONTINUED) b. Management The Trustees formulate the broad strategy arKI areas of actNity for the Society, following consultation with the Members. New members are appointed by the continuing Members. The day lo day administration is delegated to an Administrator. . Risk management The Trustees have considered the major risks to whioh the Charity is exposed and have taken approprtale measures lo mitigate those risk& Indgpandont examiner The Trustees have decided that under the terms of Section 144 of the Charities Act 2011 (The Acll the Society was not obliged to submit ils accounts for audit and further that an independent examination of the accounts would satisfy the requirements of the Act. Joseph Scarfe DChA, FCA of Bishop Fleming LLP was appointed Independent Examiner. STATEMENT OF TRUSTEES. RESPONSIBILrriES The Trustees are responsible for preparing the Trustees, Report and the financial ststemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England & Wales require5 the Trustees trj prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of ils incoming resources and application of resources. including its income and expendTture, for that period. In preparing these financial stalemenls, the Trustees ale required lo.. select suitable accounting policies and then apply them consistently, observe the methods and Principles of the Charities SORP IFRS 1021- make judgments and accounting eslimales that are reasonable and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have bggn followed. subject lo any material departures disclosed and explained in the financial slatemenls., prepare the financial slalemenls on the going concem basis unless il is inapproprialg to presume that the harity will continue in business. The Trustees are responsible lor keeping adequate accounting records that are sutficienl lo show and explain the charity's transactions and disclose with reasonable accuracy al any lime the financial posrtion of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved rder of the members of the board of Trustees and signed on their behaLI by.. Edwa (Trust Date.. rr an af QL Page 5 THE DOLPHIN SOCIETY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DOLPHIN SOCIETY I'the charity'} report to the charity Trustees on my examination of the accounts of the charity for the year ended 30 September 2023. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the charity you are responsible for th8 prgparalion of the accounts in accordan￿ with the requirements of the Charities Act 2011 {'Ihe 2011 ACV). l Teport in respect of my examination of the charl￿S accounts Carried out under section 145 of the 2011 Act and in carrying my examination I have followed the applicable Directions given by the Charity Commission under section 145(5llbl of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities= Statement of Recommended Prath'ce applicable to charities preparing their accounts in accordance with the Financial Reporting Stand8rd applicable in the UK and Republic of Ireland (FRS 7021 in preference lo the Accounting and Reporting by Charities.. Slalement of Recommended Pr8Ctice issued on 1 April 2005 which is referred to in the extant regulations bul has been withdrawn. l understand that this has been done in order for the accounts lo provide a true and fair view in accordanco with the G&nerally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. 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". accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act.. or the accounts do not accord with those records., OT the accounts do not comply with the applicable requirements conceming the fomi and conlenl of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which 15 not a matter considered as part of an independent examination. I have no cOn￿rn$ 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 accoun15 to be reached. This report is made solely to the charity's Trustees, as a body. in a￿ordanCe with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state lo the charity's Trustees those matters l am required lo stste to them in an Independent Examinerfs Report and for no other purpose. To the fullest extent pemiilled by law, I do not accept or assume responsibilrty lo anyone other than the charity and the charity's Trustees as a body. for my work or for this report. Signed: Dated.. ?? /,h+ Joseph Scarfe DChA FCA Page 6 THE DOLPHIN SOCIETY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023 Unrestricted funds 2023 Total funds 2023 Total funds 2022 Note Income frorn: Grants and donations Investments 102.032 3,513 102.032 3.513 128.229 5.150 Total Income 105,545 105,54S 133,379 Expenditure on: Investment management costs Charitable activities 757 757 134,181 1,152 182,475 134.181 Total expenditu 134.938 134.938 183,627 Ngt expenditure before net galn811108ses} on Investments Net gainsl{10gsesl on investsnents (29,3931 3.762 129.3931 3,752 150.2481 130,757} Not movement in funds 125.641) 125,641) {81.0051 Reconclliation of funds: Totsl funds brought forward Net movement in funds 111.546 {25.641> 111,546 (25.6411 192,551 181,0051 Total funds carried forward 85,905 85.905 111,546 Thg note5 on pages 9 to 16 fomi part of these financial statements. Pagg 7 THE DOLPHIN SOCIETY BALANCE SHEET AS AT 30 SEPTEMBER 2023 2023 2022 Note Flxed assets Investments 8S.927 103,418 85.927 103,418 Current assats Debtors Cash at bank and in hand 240 30,597 20,637 20.637 30,837 c￿dItOrS.. amounts falling due within one year 10 {20,6591 122.709) CURRENT ASSETS 1221 8,128 Totsl net assets 85,905 111,546 Charity funds Unrestricted funds 11 85.905 111,546 Total funds 85.905 111,546 The financial statements were approved and authorised for issue by the Trustees and signed on their behaff by.. rd Corrigan steel John Holling ale {Hon. Treasurer) Dale.. 2q" F-*?0* The notes on pages 9 to 16 fomi part of these financial statements. Page 8 THE DOLPHIN SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 GENERAL INFORMATION The Dolphin Society is an unincorporated Charity and is registered al the Charity Commlsslon In England 8nd Wales. The prineipal offiee is care of Evelyn Partners. Pothall Pla￿, Portwall Lane. Bristol, BS1 6NA. ACCOUNTING POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial Statements have L￿en prepared in accordance with th@ Charities SORP IFRS 102} - Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ITeland IFRS 102) (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic ol Ireland {FRS 102) and the charib.es Act 2011. The financial slalemenls have been prepared lo give a Irue and fair, view and have departgd from the Charities (Accounts and Reports} Regulations 2008 only lo the extent required to provide a 'lrue and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounts'ng and Reporting by Charities.. Slalemenl of Recommended Practice effeclive from 1 April 2005 which has since been withdrawn. The Dolphin Society meets the definition of a public benefit entity under FRS 102. Assets and liabilities aTe initially recognised at historical eost or transaction value unless otherwise staled in the levant accounting policy. 2.2 GOING CONCERN The Trustees consider that there are no material uncertainties about the Charivs ability to continue as a going concern. 2.3 INCOME All income is recognised once the charity has entitlement to the income, it 1$ probable that the income will be received ar￿ the amount of income receivable can bg measured reliably. 2.4 EXPENDITURE Expenditu￿ is recognised On￿ there is a legal or constructive obligation to transfer economic benefit to a thiid party. il is probable that a transfer of economic benefits will be required in setttement and the amount of the obligation can be measured reliably. Expenditure on raising funds includes ?11 expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all ftjndraising activities events and non