REGISTERED CHARITY NUMBER: 220176 R8PQrt ofthe Trustee8 and Flnanclal Stat•monts forth8 Year Endod 29 F8bNary 2024 Derby & Derbyshlrn DIsaed 5oldlèrn Settm*t Bourne 8 Co. Chart8r8d Accountsnts 47a Queen Street Derby Derbyshir8 DE1 30E
Dertjy & DèrbyBhlr¢ Dl8abled Soldl•rs SetdemeTht Contents of the Flnanclal StatemÈnts forthg Year Ended 29 FebNary 2024 Pag• Refer8n¢e and AdmlnlBtratfve D•tsll$ Report oftho Tn08 2 to 3 Ind8p•nd8ntExamln6e$ Rgport statement of Flnanclal ActivlU¢8 Balance Shè•t Not08 to th• Flnan¢lal Slatsments 7 to 11 Detalled Ststemenlof Flnancial Activttles 12
tl8rby & Derbyshlre Disabled Soldl8r8 5otllemÈn¢ Rel8rnnG¢ and Admlnl$trativ¢ Oetails lortm Year Ended 29 February 2024 TRUSTEES Mrs S F Fletcher Cdr P Giles OBE, DL IreswJnod 14.2.20241 Mr P skawski1SSnQd 5.11.20241 Mr M Madin Mr l Marsh Irosibmed 10.5.20231 Mr P Hill (appointed 4.4.20231 MrA C Hall (appointed 10.10.20231 Mrs DA Hill lappoinled 30.4.20241 PRINCIPAL ADDRESS Garvdse House 111-113 Fiiai Gate Derby DE11EX REGISTERED CHARITY NUMBER Z20176 INDEPENDEKf EXAMINER Bourrts & Co. Chartgred Ac4xJuntants 47a QJ88n Stroet Derbyshi DE13DE Paw1
Derby & Detby¥hire Dl$abled Soldlor8 Sgttlement Report oftho Tntste88 fortho Year Ended 29 February 2024 Th8 trustees Psent Ih8ir rewrt with the financia Statements of tr8 charity for the year endèd 29 Fabruary 2024. Tt trustees hav& adopted the provisions of knunling and Reporbng by Charities.. ststsment of Recommended Practic6 appIable to ch8ritRs pr8paring Ih8ir accounts in accordance the Financial Reporbw Stand8rd aptyicable the UK anLI Rep(Jblic of Irdand IFRS 102118ff8cINe 1 January 20191. OBJECTtVE5 AND ACTIVITIES Oblo¢Vves and alms To apply in relieving 811hgr gengrdlty or indiwdualw di5ab18d ex-seryicemen ixKn in the County of Detby5hire or Sident iherein and Ih8ir dep8ndants who are in coThJthon$ ol need. hardship or distress by making grants of mOY or ProVlg or paying for iterns, $8rvir5 N faulibes cAl¢ukted to redu( the n88d br hardship or distr855 of such p8rson5. Public nerrt In order to tekin its status a$ a Charty recogn15ed by law, Ihe Trustees affj requi to ensure that the publK is benefftted by the fijlfilment of th8 objecbve5 of the Charity. The Trustees confimi that they have h8d due regard to guidanc8 pUlshed by the Charity Commission on public trAn8fft and beli?ve that the acb"vities relerred to in the report are of sigrificant b8nefft to the public. Grantmaklng The tru$te8s may Y for 5ueh items, services c raal"e$ by way of donab'ons u subscriptions to institijtions or org3nl5atnS whith provth orwhich und8rtak8 in rthjm to provbje such itams, 8eMces or faulities forsuth r$Or6. ACHIEVEMEIIT AND PERFORMANCE Charttable advltle8 tx19 the yearth8 chanty o)ntinu8d to maintain al the War Memorral Villagg, Darby. Other grants totalling £46.690 Leing £5.000 to each of Revitalis8. Frr8ShiP Hub and Me and Oee. £10,000 to D&rbyshire Rcyal British Legion. £11,468 to SSAFA Dert)Ysh1 and £10.222 to SSAFA Bolsover. Investmont wrformanco During the year. the tru$laes ntinued to monitr the investrntyit pèrfonnwc8 of fiJnds dew5rted ¥%ith the Leeds Building Scciety, CCLA COIF Charty Funds ond M&G Charib'es. FINANCIAL REVIEW Resetrves policy The TN5tee5 a rewired under the temis of the Scheme to hold 5uffirAent ServeS in order that they can defray out of th8 incomè of the Charty ts c05t of maintain1r, r8pairing and insuring property ol the Charity and all other outgoings p8y8e in respect thereof and the proper costs. charges and 8XP8n58s of ar indtal lo tho administrath?n atxl management of the Charty, ènd they may also establish and maintsin r858rve fvnds for purpose of the cyrjical pair and maintenanc8, and of the extraordinary repair, Improvement OF pbuildin9. of any of the property telonging to the Charty. The Tw$t88s con8thr that Ih8ir res8rves hald are sufficKgnt to Produ the in¢rme required in ordgr to fulfil these oblations. STRUCTIJRE, GOVERNANCE AND MANAGEMEP Govemlng do¢ument The eharty is regulated by a Sthema of the Ch8rity Commi55Kiner5 dated 11 August 1989 (the Sch8mal at Gvns"tui88 an unlncorporaisd charity. Rocrultsnent and appolnlment of now twste88 UThler the t8rns of Sthm8, there are Trustee5. who are apwnted lor a term of fivo years by a ¥e51)lution of the Truste83 passed at 8 Special Meetng. and lse as laKI li th8 Sd)n8. Tru8tse$ aFe elvJible for reappoinbThnt on Ihe ofthrteryn ofoffic8. Befor8 mapIntry any Twslee, th8 Trustee5 lotrer Ihan thè Trusiee wh058 r88prM)intrnent is under consideratsonl re¥ his or Ir effectiveness as fflember of Iha body of Tru$t8e5 In •Yditir)n, as well a5 using thar own kncrmedge, Ihe Truste85 may seek recornrnd$tiOnS as to persons suitatle to bo as Trust88s frorn organis&tk)ns with parCUr interest in the objects and purpo8es of the Charity. The Tru5t885 rnay inite any por50n. who ts under neration a$ Ing 8Uitable for a hJbJre appoinlmtt 85 a Tmst&. to shadow thè Trust in lo galn an apwowate Insyht uito Ihe otyecbves and management of the Charty, bul Ihat %*hilst invited to att8nd Trustees, Meen9$. Such shacbw sh811 not have any vote thgre at and fdlowing apponlment. frustees a given a compreh8nsN8 briafng on the Chanty, ts method of operations gnd the dutiè5 and porIbl1.6s of Charty Trustee5. Pag82
Derby & D&rby5hlre Disabled Soldiers Settlement Report of the TNsiees foithe Year Ended 29 February 2024 Approved by orderof the board oltruslees on 26 Noyernbw 2024 2nd signed on its behrbY.. Mrs S F Fletther- Trustee Pa96 3
Independent Examiner'$ Report to the Twstse5 Df Oerby & Derbyshlre Disabled Soldiers Settlemen In£fÈp8ndent examlnevs report to the trust$ of Derby & Derbyshiro Disabled Soldiern Settletnerrt I report to Ihe charity trustee5 on my ex2fflinalion of th8 a¢counl$ of D6Y & Derbyshi th$ab Soldprs SettMent Ithe Trusll ftr the year ended 29 F8bfuary 2024. Re5ponsibslities and basis ol repDrt A5 the tharity trustees of the Trust you are responsible for the preparation of the counts in acc(Kdanc8 with tho requirem8rts of the Chanlips Act 20111'lhe Arfl. I report In resp8¢1 of my examination ol the Trusys accounts carried out under Sectim 145 of thè Act and in ryIng out my 8xsfflinats.on I have followed all opIeabFe Ditections gjven by the Ch8rrty Commlsslon under SechDn 14515llbl of the AGI. Independent gxamlngls Statemènt I have completed my examination. I confim that no maierk41 matter8 have wme to my attenbon in connethon with lh8 exin?On giving me cause to believe that in any maten81 respecL occouniing wcoids wre not kept in respect oflhe TDJ$t as reouir&l by Se¢bon 130 ofthe Att, or Iho accounts Oo not acr)Jrd with th(e records, or Ihe accounts do ml comply wlh the appr(CAte quirements conceining th& fomi and mnlent of accounts set out in the Char"@¥ (Accounts and Reports) Regulations 28 Dther than any requirement that the accounts give a true and falr view whh is not a rn8tEer Conser as part of an lndeperKJI examin8th.on I have no cmcems and have Come across no other matte15 in connection with examinati to whith attenb.on should be drawn in report in orrt0 enable a propel und8fEtsnding ofthe a¢¢ounts ro be reached. J Fi12palrk ACA Bourr* & Co. 47a Queen Street Detby Dey5h1re DE13DE 26 November2024 Page 4
Deiby & Derbyshire Dis?blgd Soldlers SèttleM8nt statement of Financial Activities for the Year Ended 29 Febiuary 2024 2024 Total Thys 2023 rolal funds Unrestricted Restricted fund Notes INCOMEAND ENDOWMENTS FROM Charitable activltles War Memorial Tower Fu 6,(QO 6,000 Investment income 42,690 132 42,822 38.938 Total 48,6 132 48,822 45,049 EXPENDITURE ON Charltable activitie$ Gran15 to Institutions Charity Management expenses 46.690 46,690 22,OCI) 6,697 6,697 5,993 2,655 IndAdUal grants Totsl ,387 53,3e7 30.848 N81 g8in511105sgs1 on I51ents 36,209 36,108 114.620) NEf INCOMEIIEXPENDMJREI Transfers between lund8 31,512 11751 31 175 31,543 10 Net mov¢mant funds 31,337 206 31.543 12191 RECONCILIATION OF FUNDS Total lunds brwghl fornar¢ 1,584,893 8,312 1,593,205 1,593.424 TOTAL FUNDS CARRIED FORWARD 1,616.230 8.518 1,624,748 1.593.205 The notes form p8rtoflhese finano81 statemants Page s
Detby & D8rbyshlr8 Drsabled Soldierg Settlement aalance Sheet 29 February 2024 2024 Totsi r¥Js 2023 Total ndg Unre51ricted fijnd Restrthd fund Notes FIXED ASSETS raTrJible assets Invo5tments 303.913 1,259,105 303,913 1.267,623 303.913 1,202,121 8,518 1,563,018 8.518 1.571,536 1,506,034 CURRENT ASSETS DebloFs Cash al bank 3.467 56,58Q 3,467 56,5S0 18,991 74,795 60.027 60,027 93,786 CREDITORS Amounts falliro within one year 16.8151 ie,815} 16,6151 NET CURRENfASSE7S $3.212 53.212 87.171 TOTAL ASSETS LESS CURRENT LIABILITIES 1,616.230 8,518 1,624.748 1.593,205 ET ASSETS 1.616.230 8,518 1,624.748 1,593.205 FUNDS Unre8tricled fvnds ReStrled tund5 10 1,616,230 8.518 1.584,893 8,312 TOTAL FUNDS 1,4,748 1.593.205 The financial sta18m8nts bvere 2pwoved by the Board ef Trusiee5 aulhL>fis8d for issue on 26 Novembèr 2024 aivJ wer& sgned on its b8half by Mr$ S F Flslchor- Trustee Mr P Hill- Tru5te8 The notes form part of Ihe$e financ4sl statem8n Page 6
Do & Oerby8hlre Dlsabl8d Soldiers $8tt1gmenl Not•s to the Flnanclal 5tatoments fortho Y&ar Endod 29 Fgbwary 2024 ACCOUNTNG POLICIES Bas18 of preparlng the fftnanclal Statements The financial 5tsternents of the charty. svhith 1$ a benefit entity under FRS 102, have been wepared tn a¢LOrdan wth the chariti SORP IFRS 1021 'Accounting and Reporting by Charilie5'. Statement of Recommended Practi applicable to charilies pr8paring th8ir accounts in accordan with Ihe Financi81 Reporting Standard appIab in the UK and Republic of Ir81and IFRS 10211gffe¢tiv8 1 Jany8ry 20191,, Financial Reporbng Standard 102 'The Finanaal Repottiry Standard applicable in the UK afid Republic of Ir81aThl' and the Charities Act 2011. financial sta18ments have been prepa under the hisloncAI c05t convention, with th8 exception ol investr))ents which arn M)duded at fnathet value, a5 rnodified by the fftv21uatK)n ol certsin assets Incorne All income is remgnised in the Statement of Financi Athwbes once the charity has 8lltluemt to the funds, It is piobable that the income will b8 1Ved and the amount rAn be Measu reliabty. EXpondIre Liabiliti&s are re(gniSed as expendfture as soon as there is a legal or constDJclive obligation committi.ng the chanty to that expencsiture. rt probable Ihal a transfvr of economic benefits be r8quired in settlement and the amount of the obligab'on Lèn measured reliabty. Expendilur8 is XCOUnt for on an owua15 basis and h8s beén dassified Under h88dings that aggrsgate all cost lated lo the cste90ry Where costs rAnnot be dirgcuy atthbLrtod to paCular h8adings thoy hav8 b8en allocate(I to activib&s on a basis COllSiStent With the use of resour. Grants offerèl subjeL to coThJib"on$ whith have not baen met at the year end date a noted as a CmMItment but notaccruod as exrpndtiJr8. Tanglbl? fixed assets The tsnglble fixed assats a at cost. dow8atron is provided on trhold land and building$ on the grounds thattheir er1¢ life 8x(£eds 50years and any suth ¢harg8 w0d be immatsrial. Taxatjon The ch8rity is exempt tsx on its tharitablo ts"95. Fund accounllng Unrestricted fvrts can u58d In )r{lar with th8 charit8b18 L)je¢bves at ts di$cretion oflhe trustees. Restricted furds can onty it used for partKulor striCl purposes within the objects of tre chafity. Restn"cb"ons ari when specifièj byth8 donoror wtrn fiJnd5 are raised for partiular $trIcted purposes. Investments Inv85trnents ar? indud8d at dosing market value at the balarKt 5h8et date. Any gain cr bss on rwdlu8.0n is taken to the Slatemwt ol Financial Acti785. INVESTMENT INCOME 2024 2023 CCLAIbU.0rts retsniab Bu1Jing interest NIWCIF incomg & acMUla.0ll unit5 distribubons Solrcrtors client acojunt interest 12,682 12.682 30,116 24 26,213 42,822 38,938 P&3e 7 continued..
Dolby & DerfJyshir8 Olsablod Soldlorn Sottlement Nots8 to the Flnancial Statements- cOnTrU¢d forthe Y•ar End•d 29 Fgbruary 2024 TRUSTEES. REMUNERATION AND 8ENEFITS There were no trust8es' remurEr8b"on or othor benefits for the year sndsd 29 Febru8ry 2024 mr for the year ended 28 February 2023. Trustees. expern•s There wer9 no truste85' expenses paid for the year ended 29 Felwry 2024 nor tDr the year ended 28 February 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivinES UnTe51rided fund Re5tTiCted Total funds INCOME AND ENDOWMENTS FROM Charllablo actlvilies War Memorial Tow9r Fund 6,111 6.111 Inveslment Irarne 116 38,938 Totsl 44,933 116 45,049 EXPENDITURE ON Charftabl8 actlvltie8 Giants lo Institutions Charity management expenses 22,OC 22,OCk) 5,993 2,655 5,993 2,655 IThyfvUal grants Totsl NetgaSwlllo&8981 on Snvestments 114,6011 1191 114,6201 NET INCOAIEIIEXPENDITURE) Transfers bètsmn funds 13161 11751 97 175 12191 Netmovement In lunds 14911 272 12191 RECONCIUATION OF FUNDS Totsl funds brought forward 1.585.384 1,593.424 TOTAL FUNDS CARRIED FORWARD 1,584,893 8.312 1.593,205 TANGIBLE FIXED A&8ETS War Memorial Village COST At 1 Marth 2023 and 29 FebNary 2024 303,913 NET B¢)OK VALUE At 29 February 2024 303,913 At28 February 2023 303,913 The War Memlyial Village is shown atcost. Pag8 8 conllnued...
Derby & Detbyshlre Dlsablgd Soldlerg Settlement N¢)tss to the Flnan¢lal Statements- contlnued lorthe Year Ended 29 FolKu8ry 2024 FIXED ASSET INVESTMENTS 2024 2023 otr 1,267.S23 1,21ll,121 Th8tè W8re no investment 855•ts outshye the UK. Thè movem8nt in tha investment lLe$ can be $urnmarised a$ foll 2024 2023 Rein¥85t8d dlstributions Contrbulion from thè charfty In(Tra5e IDecrea8el in value 29,220 175 36,107 25,4CQ 175 114,6201 Movernent in Value ,502 10.964 Investrnents Ineitherlisted nor unlistedl were as folows. 2024 2023 8,554.CM)2 NAACIF attumulation shales 23,012 NAACIF income shares 30 NMCIF accumulakn'on shares 103,67fj.32 COIF Global Equity Income Units 10,3(N).04 COIF Inveslment Fund Income unts n5,866 20,216 8,518 304,265 208.758 718.931 20,941 8.312 282,276 191,659 1,267.e23 1,202,121 DEBTORS.. AAlT5 FALLING DUE VIITHIN ONE YEAR 2024 2023 Othei debtors Prepayments and acrAued in¢y)mè 3,200 267 18.991 3.467 18.991 CASA AT BANK 2024 Total fiJrnl$ 223 Total ftjnds Solicitors dienl account BuShYing swgty account 40.227 Total So,0 74.795 Page 9 contin[$...
Derby & Dprbyshlre Dl$abl8d Soldlors Settl8m8nt Not8s lo th• Flnan¢lal Statements. contlnu•d forthe Year Ended 29 February 2024 REDITORS.. AMOUNTS FALLINfj DUE WITHIN ONE YEAR 2024 2023 Sundry ueditors wd accruaLs 6,815 6,615 10. MOVEMENT IN FUNDS Transfers b8twe8n tunds movemgrt in fvnds At 29.2.24 At 1.3.23 Unrestrfrted funds General fund 1,584.893 31.512 11751 1,616,230 Re8trictsd fund8 Extraordinary repair lund 8.312 31 175 8,518 TOTAL FUNDS 1,593,2( 31,543 1,624.748 Net rnoVeMt in fvjnds. induded in Ihe above sr8 as folbws." Inwmi r850urL*5 Resource5 expend& Gains and 1055es Movement in fvrKts Unrnstrlctsd funds Gertsral ftmd 48,8 1513871 362(f 31,512 Re8trtcted funds Extraordinary repair fund 132 31 TOTAL FUNDS 48,822 153,3871 38,1(6 31.543 Omparave for mov•m•nt In funds Nel rnovetnent in furKIs Transfers b&lweÉn lunds At 28.2.23 At 1.3.22 Unrestricted fvnds G8neral fijnd 1.585.384 13161 11751 1,584,8¥J Restricted funds Extraordinary repair knd 8.040 175 8,312 TOTAL FUNDS 1,593,424 12191 1.593.205 Page 10 ntinue•J...
Derby & D8rby5hir8 Disabled 5oldl8r6 Sett19ment Notes tothe FInancl ststsments- ¢onttnued ftsrthg Y•aT Ended 29 Fobn4ry 2024 10. MOVEMENT IN FUNDS-contlnued Comparative t movernent In funds. included in above are a$ fdlows.. Resources exrended Incoming resOUrS Gains aryj 10556S Momgnt in funds Unrestricted fijnds General fvnd 44,9 130,6481 114.6011 13161 Rèstrf¢ted fund$ Extraordinary reparr fijnd 118 1191 97 TOTAL FUNOS ,049 130,6481 114.6201 12191 A wryent year 12 m16 prior year 12 months Gomlj'nèd is 8$ loilows.. Transfe b8tt¥n fu$ mOWrn8nt in hJnd$ At 29.2.24 At 1.3.22 Unrg8trict8d fund$ General fund 1.585.384 31,1 13501 1.61e,230 Ro8trlcted funds EXtra(xIn repair fiJTh 8,040 128 8,518 TOTAL FUNDS 1,593.424 31,324 1.624,748 A cuffvnt year 12 rrK)n(hs pnor y8ar 12 month5 combined net Mornant in fvnd4 induded in the above are 08 follows.. Incoroing R880urces 8xpended Gains and sse5 Mo¥rment in frJnJs Unrestrictsd funds Gen9ral fvnd 93,623 I84.15) 21.608 31,1 Rutrt¢ted fund$ Extraordinary repair fvnd 248 11201 128 TOTAL FUNDS ,871 184,0351 21,488 31.324 11. RELATED PARTY DISCLOSURES There were no relat party Iran8acbons lortha y•afd 29 February 2024. Pag011
Derby & Dorbyshlro Disabled Soldlgr5 SetU¥ment Detai18d Statsment ol Flnanelal Activiti8s lorth• Year Ended 29 F8bNary 2024 2W4 2023 INCOME AND ENDOWMENTS Invesknent Incom¢ CCLA di5thbutions receN8Lle Building society Interest NAACIF inc(Kne & a¢£umulation unts dislribution5 SolKrtois d*nt account interest 12,882 12.682 43 30,116 24 26,213 42,822 38,938 Charitable actlvlties Property rental income 6,111 Tolal In¢omlng resourc88 48,822 45,049 EXPENDITURE Charitsblt a¢Uvltl88 Sundfft$ Gen8ral managem8ntcharge5 Grants to Insti110n$ Grants to indNidu818 387 146 4,144 22,000 2,655 46,eYJ 51,742 28.945 Support ¢08ts Govoman¢g costs knunt8ncy $nd legal fees 1,645 7.703 Totsl resources exFend8d 53,387 30,648 Netlexpondlturelllncome 14,5651 14,401 Th1$ page do85 not Tom part Oft StaknrtI finanL¥al $tatsm•n15 Pagè 12