## **ANNUAL GENERAL MEETING 14th  OCTOBER 2024 3.30 P.M.** 

1. Chairman's Opening Remarks 

2. Apologies for Absence 

3. Minutes of the Meeting held on 2nd October 2023 

4. To Receive the Annual Reports from the Clubs as Follows:- 

- a) Friendship Club 

- b) Darby & Joan Club 

- c) Quiz Group 

- d) Craft Group 

5. To Receive and Adopt the Annual Report by the Centre Manager for 2023 

6. To Receive the Financial Report for the year ending 31[st] April 2023 from the Honorary Treasurer Mrs D Wicker 

7. Vote of thanks by the Mayor to the Manager, Staff, Committee & Volunteers 

8. Election of Officers 2023 - 2024 

(1) 



MINUTES OF THE ANNUAL GENERAL MEETING HELD ON MONDAY THE  2[nd] OCTOBER 2023 

1. CHAIRMAN'S OPENING REMARKS 

Chairman Anthony LLoyd welcomed the Mayor Mr Parwaiz Akhtar to the 76[th] Annual General Meeting of Darwen Old People's Welfare Association. 

2. APOLOGIES FOR ABSENCE 

Mrs B Harrison, Mrs D Wicker 

PRESENT Blackburn with Darwen Mayor Mr Parwaiz Akhtar 

Mr A LLoyd Councillor Mr B Taylor Mrs J A Brindle Councillor Mrs K Fielding Mrs B Millar Mrs P Quinn Mrs J Calvy Mrs M Taylor Mrs G Millington Mrs C Done 

(2) 



## CURRENT EXECUTIVE COMMITTEE 

Honorary President 

Mayor of Blackburn 

Chairman Mr A Lloyd Honorary Treasurer Mrs D Wicker Honorary Solicitor Watson Ramsbottom Partnership Solicitors 

Mrs K Fielding Mr B Taylor Mrs B Miller Mrs M Taylor Mrs P Quinn Mrs B Harrison Mrs T Jones Mrs B Halliwell 

VOLUNTEERS 

Mrs D Wicker Mrs C Walsh Mrs B Robinson Mrs M Taylor Mr M Browne Mrs B Harrison 

The above volunteers help on a regular basis, manning the Pop-In, and serving the lunches. 

Many other people volunteer from the resident Clubs and outside sources to help at various other events.  We are most grateful to everyone who give their time and energies to help us at Fairs, Concerts and many other events. 

(3) 



## CURRENT STAFF 

Mrs J Brindle Centre Manager Miss A Williams                     Cook Mrs C Belluski Assistant cook Mrs S Humphrys Kitchen Assistant Mr S Seaers Caretaker / Cleaner Miss W Pickup Senior Care Assistant Miss K James Care Assistant Miss S Fitton Care Assistant Miss Z Campbell Care Assistant 

## VOLUNTEERS IN THE DAY CENTRE 

3. MINUTES 

The minutes of the A.G.M. 2022 were accepted as a true record.  Proposed by Mrs B Miller and accepted by Mrs P Quinn. 

4. MATTERS ARISING 

None 

5. ANNUAL REPORTS 

The Annual Reports were given from each of the following clubs:- 

Friendship Club Mrs P Quinn Darby & Joan Mrs J Millington 

6. CENTRE MANAGER'S REPORT 

Read by Mrs J A Brindle 

(4) 



## 7. TREASURER'S REPORT  (see attached) 

Read by Mrs D Wicker. 

There was no questions regarding the 2023 Accounts. Mrs J Brindle gave a vote of thanks to Mrs D Wicker for all the hard work and dedication that she puts into the accounts and helping with the running of Derwent Hall, it is very much appreciated. 

The report was accepted unanimously. 

## 8. ELECTION OF OFFICERS 

Mr Anthony Lloyd  will continue the position of  Chairman. Proposed by Mrs K Fielding, and accepted by Mrs M Taylor. 

## MAYORS SPEECH 

The Mayor Parwaiz Akhtar opened her speech thanking Derwent Hall Committee and Members for her invitation to our A.G.M.  He continued by thanking the Manager, Committee, staff and volunteers for all their good work over the year and wished them all the best for the future. 

He also commented that in this day and age volunteers were worth their weight in gold and places like Derwent Hall are very privileged to have such good support from them.. 

The Mayor then closed the Meeting at 3.50 p.m.. 

(5) 



ANNUAL REPORT BY THE CENTRE MANAGER 

Mayor, Councillors,  Ladies and Gentlemen. May I begin my report by once again offering our thanks to Blackburn with Darwen Care Trust Plus for our Grant for which we are most grateful. 

My personal thanks go to Anthony Lloyd, Dorothy Wicker and all of the Committee for all the help and support that they continue to give me over the year. 

Mrs Dorothy Wicker has unfortunatly after over 30 years of service to Derwent Hall had to resign from our committee. 

Our thanks and gratitude go to her for all her hard work and dedication. “Thank You ” 

Could we also say that without the help of our regular volunteers, manning the Pop In, serving the meals at lunch time, clearing away afterwards we couldn't provide the excellent service we do, and our thanks go to all these people. 

Our thanks go to all our staff who continue to work excellently throughout the year providing an excellent service,  Angela has once again done a brilliant job this year as cook, along with the assistant cook Christine and kitchen assistant Michelle. 

## LUNCHEON CLUB 

The numbers of meals provided for our members for the period 1[st] October 2022 to the 1[st] October 2023 was 11431 the period 1[st] October 2023 to the 1[st] October 2024 was 12326  as you can see the numbers have started to recover  and we are getting a lot more new people in for lunch. 

## POP IN 

The Pop In continues to be successful with many people taking advantage of the service offered. The Pop In and lounge area accommodates many people throughout the week. 

## CRAFT GROUP 

The ladies who attend our craft group each week and make various items to sell with all the proceeds go to Derwent Hall each year have surpass themselves once again. We are extremely grateful to these ladies who come along each week and enjoy meeting with each other to discuss what they are making, and also bring fresh ideas for one another on what to make, it is such a shame that the numbers of people who attend this group have diminished so much over the years. 

## QUIZ GROUP 

This group continue to meet weekly sharing their knowledge, and enjoying each others company. 



## HOBNOBS 

This is a group offers a range of activities which include craft, whist cards, canvas painting, dominoes, and basically anything anyone wishes to do. 

## HIRERS 

We continue to hire the main hall to Slimming world, Sequence dancing, Red Tiger karate, tropical fish group, Palates, Lullababy sensory group and a Church group. We also continue to hire out to the public, Twin valley, and the local council for various events. 

## HEARING AID BATTERY EXCHANGE. 

This service is run in conjunction with the Audiology department of Royal Blackburn, this is a very well used service as it saves people having to get up to the Health centre. 

## DAY CENTRE REPORT. 

This year was the first time that we had to tender for the grant for day care, it was a very challenging time for us as we had never done one before.  With a lot of extra hours worked and the help of Mrs Bronwyn Halliwell, we managed to compleat our bid, and after a very tence wait we found out just last week that we had won the bid.  This is a massive relief that we can carry on the great work providing our day care service. 

The Day Centre is still very successful, As you can appreciate there is always someone on holiday are in respite care, but the staff are always kept very busy. 

The staff we employ are excellent with the service users in their care and I would personally like to thank all the dedicated staff for all the care and compassion that they give out to make the Day centre such a warm and friendly unit. 

We are only a small unit but offer a more personal friendly atmosphere with plenty of activities going on throughout the day.  I am pleased to say that Derwent Hall has built up a very good reputation from people in Darwen who have connections with the Day Centre. We are looking to go to the Pantomime at the Library Theatre for a Christmas show and Dacca for their pensioners Christmas Party which we are invited to every year and the service users love. 

## DERWENT HALL. 

When visitors call and new members arrive for the very first time it is always commented how lovely and clean the premises and grounds are, this is thanks to our caretaker and cleaner Shawn who take great pride in their work I again would like to thank him. 

Once again as you will all appreciate it is becoming harder and harder to maintain funds and when you take into consideration all the additional costs that come our way, ie pay increases, the  pension scheme that the employer has to contribute towards, ever increasing energy bills, insurance, repairs that continually need attention,  I try as much as possible to advertise all that we offer.  We all do our absolute best to keep cost down and still provide an excellent service. 



Charlty reglstration number 224799
DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Managem&nt Committee
Mrs D Mficker
Mrs 8 Millar
MrA Uoyd (Ghaiman)
Mrs M Taylor
Mf8 8 Harrison
Mrs K Fielding
Mrs T Jone5
Mrs P Qulnn
Mr S Frisby
Mrs C Frisby
Mrs L S8Ker
Mr T O'Hara
Mrs J O'Hara
Mrs B Hall￿811
{Appointed 14 March 20241
{Appoinled 14 March 20241
{Appointed 14 March 20241
{Appointed 14 March 20241
{Appointed 14 March 20241
(Appointed 1 July 2024)
Charlty number
224799
Prlnclpal address
DeN￿nt Hall
George Street
Damen
Lancashire
883 ODQ
Indgpondent oxamlner
David Wood Imlson BA FCA
HiTrJle Jepsi)n & Jennings Ltd
10 Borough Road
Darwen
Lanca8hire
BB3 1PL
Bank•rn
National Westminster Bank pl
35 lQng William Street
Blad(bum
Lancashire
B817DJ
Solicitorg
n Ramsbottom Partnership
3>39 Rai￿Vay Road
Darwgn
B83 2RL

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
CONTENTS
Page
Management Committee report
Indep8ThJent examiners rewrt
statement of financial activitses
Balance sheet
Notes lo the financial ststements
7-15

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
MANAGEMENT COMMirrEE REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Management Commiltee present their annual report antj financial ststements for the year ended 31 March
2024.
The accounts have bgen prepared in ￿rdance Y￿th the accounting policies set out in note 1 to Ihg accounts arwj
omply v￿th the charity's goveming document. the CharitsesAct 2011 and the Slalement of Recommendwj Practico,
Accounting and Reporting by Charities., issued in March 2005.
Ob}ecUvo8 and xtlvltles
The objects are lo promote the weware of the aged in any manner I￿1¢￿ is now or hereafter may be deemed by law
to be charitable wthin the dIStr￿t of OaTh￿n.
The follo%wng activiiies are carried out lo support the charit￿5 ofy'ects and lo brfng togèther and create friendshlp
and alleviate loneliness.
There are various afternoon dubs whith are run every %%¢ek. Namely. the Fr￿ndship Club, Darby & Joan Club. the
Hobnobs Club and LullababE$. Athiities also include the following..
kly Raffles
Dances- held weekly
Craft Classes- held weekly
QurL Group - run weekly.
DeNent Hall 15 also hired out to vaiious organisations, such as Slimming World. Cancer research. tat48 lop sales
Karate dasses, Tropical fish group, pilateg and others.
AggirrfJ well health ched(8 are done each year.
The Luncheon Club Trs held Monday to Friday at 12 noon at a cost of £4.00 per person.
Thè poliues aopl&J in furtheronce of these objects are on going and therè has been no change in these during the
year.
The Management Commrtt8e have paid du8 regard to guidance i35ued by the Ch8rty Cornmission in deading what
aetimts.es the eharity should undertake.
Achlavements and perfomiance
In 1997, Damen Old People's Wdfare Association successfully applied for a lottery grant and along donation$
received from other sources. opened a Day-care centre to accommodate 15 clients a day.
Thls provldes stimu181ion for all cllents. the centre provldes a bathing service, hairdressing, O Irips, crafts, various
games, respite for family members and frieThaship towards each other.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
MANAGEMENT COMMirrEE REI¥)RT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnan¢l•l rgvlfjw
These accounts havè bèen projuced to show the overall financi81 posf(ion of the association and therefore do not
contain Ihe detalled information of every individual fund.
Another Important feature of these accounts is thè way that fund8 are divided into the follwng categorie5,
according lo the manner in whlch we are allow&J lo spend Ih8m',
lil UnrestrKted Funds..
These arg funds which m8y be used freely for 8ny of Ihe aSS￿l￿tiOn'S aGtivitie$.
li1} Restricted Funds..
These are funds which may onty be used for speufic purposes according lo Ihe terms on which they wwe first
receNed.
11 is the policy of the Charrty that unrestricted lunds which have not been designated for a specific use should bg
maintsined at a level equivalent lo befvfftn three and six month's expenditure. The Management Commttee
consider that reserves at this level wll ensure that, in the event of a signrficant drop in funding. they wtll be able lo
continue the charity's curient actNitie5 while consideration is given to ways in which addli'onal fvnds may be wsed.
Thls level of reseNes has been maintslned throughout the year.
The Management Ccfflmittee have assessed the major risks to vA)ich the charfty 16 exposed, and are s81isfled that
systems are place to mitigate exposure to the major risks.
structure. gO￿rnanCe ind management
The tharity 1$ a wmpany limrted by guarantee.
The Management Committee served during the year 8nd up to the dale of signature of the financial statements
were..
Mrs D Wckgr
Mis B Millar
MrA Lloyd (Chairman)
Mrs M Taylor
Mr B Taylcf
Mrs B Harrlson
Mrs K Fielding
Mrs T Jones
Mrs P Quinn
Mr S Frisby
Mrs C Frisby
Mrs L Salter
Mr T O'Hara
Mrs J O'Hara
Mrs B Halliwell
{ReSig￿d 30 April 20241
(Appointed 14 March 2024)
(Appointed 14 March 20241
(Appointed 14 March 20241
(Apwinled 14 March 2024)
(Appointed 14 March 2024)
(Appointed l July 20241
The Management Committee are re$pon$ibk for the recruitment 8nd appointment of appropriate persons as
trustses.
The charity is fun on a day lo day basis by a manager, Julie Brindl?. and there are also employees who provide
support wrth the running of the charity.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
MANAGEMENT COMMirrEE REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Management Committee report was approved by the Board of Management Committee.
Mr A Lloyd Ichaimianl
Honorary Treasurer
12 Sgptember 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE MANAGEMENT COMMITTEE OF DARWEN OLD PEOPLE'S WELFARE
ASSOCIATION
I report to thè Management Committe8 on my examination of tho financi81 statements of Dafftn Old People'8
Welfar8 Association (the chaiity} for tho year ended 31 March 2024.
Re¥pon$lbilities and ba818 of report
As the Management Committee of the charity you are ￿SpOn￿ble for the preparatlon of the finan¢ta statements In
aCcorda￿e with the requirements of the CharitiesAct 2011 Ithe 2011 Acal.
l TeFQrt in respect of my examlngtlon of the thanty'5 financial slat8m8nts Ca￿led out under section 145 of the 2011
Act. In carying out my examination I have followed all the applicable Directions given by the Charity Commi8slon
uTrJ8r 58thon 145151{bl of the 2011 Act.
Independent examlnerf$ statsment
Your att8nlion is drawn to the fact that the charity has prepared financial ststements in accordaroe with Attountlng
and Rep)rting by Chadlies preparing their accounts In accordance with the Financial Reporting Standard appli￿
in the UK and Republlc of Ireland IFRS 1021 in preference to the Accounting and Reporbng by Chariti05= Statement
of Recommended Prath"ce Issued on 1 April 2005 whith is referred to in the extant regulats'ons but has now been
wf(hdrawn.
l understsnd that this has been ¢J)ne in ¢)rder for finanaal statements to pro￿de a true and fair View in accordance
with Generally Accepted Accounting Practice effeGtive for reportirrfJ periods beginning on or aftar l January 2015.
I have completed my examination. I confirm that no matters have ¢ome to my attention in connection the
8xamination giving me cause to believe that In any material respec£.
accounting records were not kgpt in respect of the charity as requred by section 130 of the 2011 Act..
the financial statements do not acccfd with those records.. or
the financial statements do not comply with the applicab￿ requirements conceming the fom and content of
accounts set out in the Charities {Accounts and Report81 Regulations 2008 other than any requirement that the
accounts give a true and fair view vthich is not a matter consKJered as part of an independent examination.
I have Th) concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in ordèr to enable a proFer understanding of the ffinancial ststgment8 to be reached.
David Wood Wilson BA FCA
Hindle Jepson & Jennlngs Ltd
10 Borough Road
D8rwen
Lancashire
BB31PL
Dated: 12 September 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlcted Restrlct•d
funds
funds
2024
2024
Tot•1 Unrestricted Restrlcted
funds
funds
2023
2023
Total
2024
2023
mef
Donations
Ch8ritsble
Other trading
adivities
Investments
117,108
75,357
117.108
75.357
120,269
74,628
120,269
74,628
5,493
2,166
5,493
2.166
8,027
8.027
Total incomo
200,124
200,124
202,924
202,924
Charitable activities
218.778
218,778
186.681
186.681
Net lexpondlturgvlncome
for thg yoarl
Net moverneTht In funds
{18.6541
(18,654)
18.243
16,243
Fund balances at 1 Wil
2023
52,260
218,515
270,775
36.017
218.515
254.532
Fund balanGeB at 31
March 2024
33.61
218,515
252,121
52,260
218,515
270,775
Thg Statemert of financial acttvib05 indudes all gains and losses recognised in the year.
AJI income and exp8fKliture derive from continuing aGlivities.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Fixed assets
Tangble assets
12
175.786
177.692
Current assets
Stocks
Debtors
Cash al bank aThJ In hand
13
14
210
2.370
83.686
180
2,667
94,927
86,266
97,774
Credltors: amounts falllng duo wlthln
one year
15
(9,911)
14,691)
Net current assets
76,355
93.083
Totsl a88ets less currgnt liabilities
252.121
270,775
Income fund8
Restficted funds
Unrestricted fvnds
218.515
33,606
218,515
52,260
252,121
270.775
Thè financial statements were apkyoved by the Management Commrttee on 12 September 2024
MrA Lloyd {Chairnanl
Trustee

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢Gountlng policies
Charity infOrn￿tItsn
Dar*￿n Old People's Welfare AssociatKJn is a registor8d charity rb) 224799.
1.1 Aeeountlng comlentton
The accounts have bggn propargd in accordance with the charitys goveming doc￿ment as the constllut6on
adopted 1947 as amended 7 January 1992. 3 July 1995 and 13 February 2007, the Charities Act 2011 and
'A¢￿Unting and Reporting by Charities.. Slatement of Recommended Practice applicalje to charib.es
eparing their accounts in acccidance with the Finanaal Reportlro Standard appliCa￿e in th? UK and
Republic of Ireland IFRS 102}" {as amended for a￿oUnting periods commencing from 1 January 2016}. The
charity is a Public Bengfit Entity as defined by FRS 102.
The charity has tsken advantsge of the provisions in the SORP for charities applying FRS 102 UpdaÈ Bullelin
1 not to prepare a Stalemenl of Cash Flows.
The financial slalements hw departed from the Charrties {Acel￿nts and Rek￿ts) Regulations 2008 only to
the extent required to provide a true and falr vlew. This departure has involved following ts Stalement of
Recommended Piactice for ch8ritie$ applying FRS 102 rather 1han the version of the Statement of
Recommended Practice %knbch 15 referred lo in the Regulations but which has since b8en withdrawn.
The financial slalemenls are prepared in sterfing. vthich 15 the functional currency of the charity. Monetsry
amounts in these financi81 statements are rounded lo the neare51 £.
The financial ststèm8nts have been prepared under the historical ￿$t wnvention, Imodiffied to include the
revaluation of freehold properties and to include investsnenl properties and certain financial inslnjnenls at fair
valuel. The prinrApal aecounbng poliues adopted are sel (Krt below.
1.2 Golng concern
At the time of appioving the finanaal statements, the Management Committee have • re8sonaUe eypeclalK
that the charity has adequate resour¢e$ to continu8 in operational exlslenc8 for the foreseeable frjknre. Thus
the Management Committae continue to athpt the going concern basi$ of accounting in prepariThJ the
finanaal statements.
1.3 Charltablfj fund$
Unrestricted funds a￿ available for use at the discretion of the Management Committee in frjrtherW￿e of tsir
charitsble obj'ectkves.
Restricted funds are subject to speethc eonditions by donors as to how they may be used. The purwses and
uses of the restricted fvnds are set out in thè notes to the finanual statements.
Endowment funds are subject to spe￿fiC ¢(￿dI￿on6 by do￿rS that tho ￿pital must be maintsined by Ihe
charity.
1.4 Incomg
InGome 18 recognl8ed ￿en the charity is legally entilled lo it after any performance conditions have been mel,
the amounts can be measured rellably, and It Is probable that income wll k received.
Cash donations are rewgnised on receipt. Other donalb?ns arg r￿gnised cfice the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax reCOvera￿e in
relatic￿ lo donations rèceived under GSftAid or deeds of covenant is recognised at the time of the donation.
Legacies are ree4)gnised on receipt or otherwse rf the charity has been notified of an impending distribution.
the amount 19 known, and receipt is expected. If the amount Is not known, the legacy is treated as a
contingent asset

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcleg
{Contlnued)
1.6 Expend5ture
Expenditure 1$ recogni$ed once Ih8re is a legal or construL*ve Obligati￿ to transfer economic benefft to
Ihird paty, it is probable that a transfer ol economic benefits will be required in 8ettlemenl. and the amount of
the obligation can be measureé reliabty.
Expenditure is classified by acllvty, The costs of eath activty ar8 made up of the total of dIr￿t costs and
shared costs, including sUPPOrt Wsts invofved in undgrtaking ead) actlvlty. Direct costs attribLrtable to a Single
activity are allocated directly to that activrty. Shared cosls which contribLrte lo more than one activity and
support costs which are not attdbutable to a single activity are apportioned befvfftn those aclivilws on a basis
CL)nsislenl with the use of resources. Cgntral staff costs are allocated on the basis of limfr $p8nt, and
depr8Laation charges are all¢)caled on the portion of the asset's Use.
All expondilure is a￿oUnted for on an aceruals basis and applied under the appropriate heading. Liaknlrtie8
are recognised as resources expended as Soon 8s the obligation and commttment by tha Charity lo the
expendf(ure arise5.
1.6 Tanglble flxod asswts
Tangible fixed 8ssels are inrtially measured at cosl and subsequently measured at cost or valuati)n, nel of
d¢preciab'on and any impalment losses.
Depreciation is recognised so as lo writg off the cost or valuat￿Th of ass8ls less their re￿dUal values over their
useful lives on the foll¢)wing b8SOS'.
Land and buildings - Devwenl H￿1
Lond and buildings - Day Care Centre
Fixtures, ffttings & equipment
Straight Llna 1%
Straight Line 1 %
Reducing BJance 10%
The gain or loss ari&ng on the disposal of an asset is d8tsrmined as the difference between the sale proceeds
and the carrying value Df the asset. and is recognised in the statement of financial athvibes.
1.7 Impalrment of fixed assets
At each reporb.ng end dale, the charity reviews the carrying amounts of ils langible assets lo dglemiin8
whether there is any indication that those assets have suffered an impaimienl loss, If any such indication
exists, the recoverable amount of the asset is estimated in ordor to determine the extent of the Impalm￿nt
loss lif any}.
1.8 stocks
Stocks are slated at the bwer of ujst and estimated sgllir¥J price less Costs to complete and sell. Cost
comprise5 direct materia15 and, where applicable, direct lal)our eosts and those overheads that have been
incurred in bringing the stocks to their present location and cKJnd(tion. Items held for distribution at no or
nominal consideration are measured the lower of replacement cost and ¢ost.
Net feali8able value is the estimated Selling prlce less all estlmated costs of Gompletion and costs to be
incurred in marketing, selling and di5tribulion,
1.9 Cash and cash •quival8nls
Cash and cash equivalents include ¢a$h In hand, tjeposits held at Gall wth ￿nks, other short-temi liquid
investsnenls with original malurilies of three months or less. and bank ¢)Vgrdrafts. Bank overdrafts are shown
within ￿rrowIng5 in oJrrenl liabiltties.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollclès
IContlnu•dl
1.10 Flnanclal Instruments
The eharily has elected to apF4y the provi8ion8 of Section 11 'Ba￿e Financi81 Instruments, and S8ctbn 12
'Other Fin8ncial Instruments Issues, of FRS 102 to all of ils ffinancial instruments.
Financial instruments are recognised in the chanty's balance sheet when the Charity be￿MeS party to the
contractud provisions of the ir6trument.
Financial assgts and Ilabilitias ara offs8t. wth the net amounts presented in the finanoal Ststements. when
there is a legally enforceable right to $91 off the reccgnised amounts and there is an intention to settle on 8 net
basis or lo realise thg asset and settle the liability slmullanewsly.
B&$lc Ilnancljl assets
Basic financial assets, whith indude debtors 8ThY c88h and bank balances. are initially measured
transaction pri¢x induding transaction costs and are subsequenlty carried at amort158d cost using the effeth.ve
interest method unless the arrangement constitutes a flnancing transaction. where the transaction 1$
measured at thg prgsfrnt value of the future reGeipl$ di5countet1 at a market rats of intgr8St. Financial ay5ets
classified as receivalle within on8 year are not amorb5ed.
Baslc Ilnanclal Ilabllltles
Basic financial liabilities, including Credito￿ and bank lo￿5 are initially recognised at transaction prtce unless
the arrangement constitutes a financlng transaction. where the debt instNment is mèasured al the present
,value,of,the fvlure payments discountsd at a market fa'te of interest. FinarKial liabiliti￿ classified as payab
within one year are not amortised.
'Debt instruments are subsequenlky carried at amortised cost, uslng the effective interest rate method.
Trade ereditors are obllgatlons to pay for goods OT services that have been 8cqulred In the Ordin￿ couise of
operations from supplier$. Amounts payable are classified as current liabilities rf payment is due within on8
year or less. If no( they are presented as non-current liabilities. Trade creditors are recognised initially 8t
transath'on Pri￿ and subsequenlly measured al amortised cost u%ng the effective interest method.
Dereco9nition of flnanclal Ilabilities
Financial liats'if(ies are derecognised when the ¢harity'$ contractual obligations expire or are discharged or
cancelled.
1.11 Empboyee beneflts
The cost of any unused hol￿aY entitlement is recognised in the period in whith the employee's services arg
rec@ived.
Temiination benefits are recognlsed immediately as 8n expense when the charity 18 demonstrably commrtted
lo terminate the employment of an empbyee or to provide temiination benefits.
1.12 Rellremènt beneflts
Payments to defineé conlritsjtion retirement benefft ￿heMeS are d￿r9ed a8 an expense a8 they tsll due.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critical accounting estimates and judgements
In the application of the chall￿s accounting rtjlicies, the Management Committee are required to make
judgements, estimates and assumptions about the Lzrrying amount of assets and liabilities that are not readily
apparent from other sourt6s. The estimates and assooated assumptions are based on historical experience
and other factors that are con$itJered to be relevant. Actual results may differ from these estimates.
The estimates and underlwng assumptions are reviewed on an ongoing basis. Revision5 to accountin9
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the peii¢A of the revi￿0￿ and future peric¥Js where the revison affects both current and future
periods.
Donatlons
UnrnBtricted Unrostricted
funds
funds
2024
2023
Donab"ons and gifts
B￿Ss
7,003
110,105
11,184
109,105
117,108
120,269
10-

e• co ID
11 i"

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
othor tradlng actfvftkns
Unrestrlcted Unrostrictsd
funds
funds
2024
2023
Fundraising events
5.493
8,027
Investments
Unrnstrlctod
funds
Total
2024
2023
Irrteresl receivable
2,168
Charitabl• activities
Dlrect
Dlrect
charitabl• charltabl•
expendlture expendlture
2024
2023
Staff costs
Deprec4alK)n and Impalmienl
Ambulance Service
Provisions for Catering
Events and aFpeals
Ga5, watei, electricity, insurance and rates
Cleaning materials and windows
Telephone
Repairs, renewals and maintenance
Prinb"ng, Stationery. adverts'sing and postage
Legal and professional
Sundry
Bank charges
129.465
1.926
20,956
24.557
1,391
29,487
2,529
715
4,949
52
712
243
122,821
2,007
19,128
20,336
1.325
14.036
1,426
3,171
65
638
159
11
217,566
185,604
Share of g0vema￿* co$ls (see note 8)
1,212
1.077
218,778
186.681
Gov￿nanCe costs indudes payments of£9121202& £882) for ac￿untancY fees.
12-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Support Costs
Support Gov8rnanc8
2024
2023
Independent Examiners Fees
Bc1Jk-keeF￿rrfJ
912
300
912
300
882
195
1.212
1.212
1,077
Analysed btheen
Chafliable activities
1,212
1.212
1.077
Managam•nt Commiliee
None of the Management Commlttee {or any persons conne¢ted Iheml received any remuneration or
benefits from the charity during the year.
10 Employees
Number of employogs
The averagg Mc￿￿lY number of employees during the yearwas..
2024
Number
2023
Number
Management
Krtchen
Day Care
Cleaner¥
Employment costs
2024
2023
Wages and salaries
Sooal security costs
Other ￿nsiOn costs
125,495
2,135
1,835
119,631
1,398
1,794
129,465
122,821
There were no employees whose annual remuneration wa$ £80.000 or more.
11 Taxatk)n
The charlty Is exempl from lax on income and galns falling wthin $e¢tion $05 of the Taxes Act 1988 or $8Ctron
252 of the Taxationof Chargeable Gains Act 1992 to the extent that thgs8 are applied to its charitable objects,
13-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Tanglble flxed assets
Land and
Land and
bu1ld1ngs-t￿1ldlTh08- Day
DoTh¥8rt Hall Caro Centr•
FlxtuYo•,
Ilttlngs &
equipmenl
Trtal
Cost
At 1 April 2023
65,803
112,872
70.812
249.487
At 31 March 2024
65,803
112.872
70.812
249,487
Dèpreelatlon and Impalmi8nt
Al 1 April 2023
Depreoats'on Gharged in the year
3.073
439
5.264
752
63,458
735
71,795
1,926
Al 31 March 2024
3.512
6,016
64,193
73,721
Carrylng amount
At 31 March 2024
62.291
106,856
6,619
175,766
At 31 March 2023
62,730
107,608
7,354
177,692
13 Stocks
2024
2023
Closing provisions
210
180
14 Debto
2024
2023
Amounts falling duo wlthln on• y•ar.
other debtors
2,370
2,667
15 Crgdltor8: amounts falling due within one ygar
2024
2023
other taxation and social sacurty
Trade creditors
Accruals and deferred income
1,378
3,007
5,526
3.815
876
9,911
4,691
14-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Analy$ls of not assets betI￿n funds
Unrgstrlcted Restrl¢ied
fund5
funds
2024
2024
Total Unrestrlctgd R￿t￿Ct•d
fund$
funds
2023
2023
Totsl
2024
2023
Fund ba18nces al 31
March 2024 are
represented by..
Tangible assets
Current asset81lliabililie8)
175,766
76,355
175,786
76,355
177,692
93,083
177,692
93,083
252,121
252,121
270,775
270.775
17 Related party transa¢tion$
Rwnuneration of key management personnel
The remuneration of key management personnel is as follow3.
2024
2023
Aggrogate compensation
20,439
19,415
15-

Charlty reglstration number 224799
DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Managem&nt Committee
Mrs D Mficker
Mrs 8 Millar
MrA Uoyd (Ghaiman)
Mrs M Taylor
Mf8 8 Harrison
Mrs K Fielding
Mrs T Jone5
Mrs P Qulnn
Mr S Frisby
Mrs C Frisby
Mrs L S8Ker
Mr T O'Hara
Mrs J O'Hara
Mrs B Hall￿811
{Appointed 14 March 20241
{Appoinled 14 March 20241
{Appointed 14 March 20241
{Appointed 14 March 20241
{Appointed 14 March 20241
(Appointed 1 July 2024)
Charlty number
224799
Prlnclpal address
DeN￿nt Hall
George Street
Damen
Lancashire
883 ODQ
Indgpondent oxamlner
David Wood Imlson BA FCA
HiTrJle Jepsi)n & Jennings Ltd
10 Borough Road
Darwen
Lanca8hire
BB3 1PL
Bank•rn
National Westminster Bank pl
35 lQng William Street
Blad(bum
Lancashire
B817DJ
Solicitorg
n Ramsbottom Partnership
3>39 Rai￿Vay Road
Darwgn
B83 2RL

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
CONTENTS
Page
Management Committee report
Indep8ThJent examiners rewrt
statement of financial activitses
Balance sheet
Notes lo the financial ststements
7-15

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
MANAGEMENT COMMirrEE REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Management Commiltee present their annual report antj financial ststements for the year ended 31 March
2024.
The accounts have bgen prepared in ￿rdance Y￿th the accounting policies set out in note 1 to Ihg accounts arwj
omply v￿th the charity's goveming document. the CharitsesAct 2011 and the Slalement of Recommendwj Practico,
Accounting and Reporting by Charities., issued in March 2005.
Ob}ecUvo8 and xtlvltles
The objects are lo promote the weware of the aged in any manner I￿1¢￿ is now or hereafter may be deemed by law
to be charitable wthin the dIStr￿t of OaTh￿n.
The follo%wng activiiies are carried out lo support the charit￿5 ofy'ects and lo brfng togèther and create friendshlp
and alleviate loneliness.
There are various afternoon dubs whith are run every %%¢ek. Namely. the Fr￿ndship Club, Darby & Joan Club. the
Hobnobs Club and LullababE$. Athiities also include the following..
kly Raffles
Dances- held weekly
Craft Classes- held weekly
QurL Group - run weekly.
DeNent Hall 15 also hired out to vaiious organisations, such as Slimming World. Cancer research. tat48 lop sales
Karate dasses, Tropical fish group, pilateg and others.
AggirrfJ well health ched(8 are done each year.
The Luncheon Club Trs held Monday to Friday at 12 noon at a cost of £4.00 per person.
Thè poliues aopl&J in furtheronce of these objects are on going and therè has been no change in these during the
year.
The Management Commrtt8e have paid du8 regard to guidance i35ued by the Ch8rty Cornmission in deading what
aetimts.es the eharity should undertake.
Achlavements and perfomiance
In 1997, Damen Old People's Wdfare Association successfully applied for a lottery grant and along donation$
received from other sources. opened a Day-care centre to accommodate 15 clients a day.
Thls provldes stimu181ion for all cllents. the centre provldes a bathing service, hairdressing, O Irips, crafts, various
games, respite for family members and frieThaship towards each other.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
MANAGEMENT COMMirrEE REI¥)RT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnan¢l•l rgvlfjw
These accounts havè bèen projuced to show the overall financi81 posf(ion of the association and therefore do not
contain Ihe detalled information of every individual fund.
Another Important feature of these accounts is thè way that fund8 are divided into the follwng categorie5,
according lo the manner in whlch we are allow&J lo spend Ih8m',
lil UnrestrKted Funds..
These arg funds which m8y be used freely for 8ny of Ihe aSS￿l￿tiOn'S aGtivitie$.
li1} Restricted Funds..
These are funds which may onty be used for speufic purposes according lo Ihe terms on which they wwe first
receNed.
11 is the policy of the Charrty that unrestricted lunds which have not been designated for a specific use should bg
maintsined at a level equivalent lo befvfftn three and six month's expenditure. The Management Commttee
consider that reserves at this level wll ensure that, in the event of a signrficant drop in funding. they wtll be able lo
continue the charity's curient actNitie5 while consideration is given to ways in which addli'onal fvnds may be wsed.
Thls level of reseNes has been maintslned throughout the year.
The Management Ccfflmittee have assessed the major risks to vA)ich the charfty 16 exposed, and are s81isfled that
systems are place to mitigate exposure to the major risks.
structure. gO￿rnanCe ind management
The tharity 1$ a wmpany limrted by guarantee.
The Management Committee served during the year 8nd up to the dale of signature of the financial statements
were..
Mrs D Wckgr
Mis B Millar
MrA Lloyd (Chairman)
Mrs M Taylor
Mr B Taylcf
Mrs B Harrlson
Mrs K Fielding
Mrs T Jones
Mrs P Quinn
Mr S Frisby
Mrs C Frisby
Mrs L Salter
Mr T O'Hara
Mrs J O'Hara
Mrs B Halliwell
{ReSig￿d 30 April 20241
(Appointed 14 March 2024)
(Appointed 14 March 20241
(Appointed 14 March 20241
(Apwinled 14 March 2024)
(Appointed 14 March 2024)
(Appointed l July 20241
The Management Committee are re$pon$ibk for the recruitment 8nd appointment of appropriate persons as
trustses.
The charity is fun on a day lo day basis by a manager, Julie Brindl?. and there are also employees who provide
support wrth the running of the charity.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
MANAGEMENT COMMirrEE REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Management Committee report was approved by the Board of Management Committee.
Mr A Lloyd Ichaimianl
Honorary Treasurer
12 Sgptember 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE MANAGEMENT COMMITTEE OF DARWEN OLD PEOPLE'S WELFARE
ASSOCIATION
I report to thè Management Committe8 on my examination of tho financi81 statements of Dafftn Old People'8
Welfar8 Association (the chaiity} for tho year ended 31 March 2024.
Re¥pon$lbilities and ba818 of report
As the Management Committee of the charity you are ￿SpOn￿ble for the preparatlon of the finan¢ta statements In
aCcorda￿e with the requirements of the CharitiesAct 2011 Ithe 2011 Acal.
l TeFQrt in respect of my examlngtlon of the thanty'5 financial slat8m8nts Ca￿led out under section 145 of the 2011
Act. In carying out my examination I have followed all the applicable Directions given by the Charity Commi8slon
uTrJ8r 58thon 145151{bl of the 2011 Act.
Independent examlnerf$ statsment
Your att8nlion is drawn to the fact that the charity has prepared financial ststements in accordaroe with Attountlng
and Rep)rting by Chadlies preparing their accounts In accordance with the Financial Reporting Standard appli￿
in the UK and Republlc of Ireland IFRS 1021 in preference to the Accounting and Reporbng by Chariti05= Statement
of Recommended Prath"ce Issued on 1 April 2005 whith is referred to in the extant regulats'ons but has now been
wf(hdrawn.
l understsnd that this has been ¢J)ne in ¢)rder for finanaal statements to pro￿de a true and fair View in accordance
with Generally Accepted Accounting Practice effeGtive for reportirrfJ periods beginning on or aftar l January 2015.
I have completed my examination. I confirm that no matters have ¢ome to my attention in connection the
8xamination giving me cause to believe that In any material respec£.
accounting records were not kgpt in respect of the charity as requred by section 130 of the 2011 Act..
the financial statements do not acccfd with those records.. or
the financial statements do not comply with the applicab￿ requirements conceming the fom and content of
accounts set out in the Charities {Accounts and Report81 Regulations 2008 other than any requirement that the
accounts give a true and fair view vthich is not a matter consKJered as part of an independent examination.
I have Th) concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in ordèr to enable a proFer understanding of the ffinancial ststgment8 to be reached.
David Wood Wilson BA FCA
Hindle Jepson & Jennlngs Ltd
10 Borough Road
D8rwen
Lancashire
BB31PL
Dated: 12 September 2024

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlcted Restrlct•d
funds
funds
2024
2024
Tot•1 Unrestricted Restrlcted
funds
funds
2023
2023
Total
2024
2023
mef
Donations
Ch8ritsble
Other trading
adivities
Investments
117,108
75,357
117.108
75.357
120,269
74,628
120,269
74,628
5,493
2,166
5,493
2.166
8,027
8.027
Total incomo
200,124
200,124
202,924
202,924
Charitable activities
218.778
218,778
186.681
186.681
Net lexpondlturgvlncome
for thg yoarl
Net moverneTht In funds
{18.6541
(18,654)
18.243
16,243
Fund balances at 1 Wil
2023
52,260
218,515
270,775
36.017
218.515
254.532
Fund balanGeB at 31
March 2024
33.61
218,515
252,121
52,260
218,515
270,775
Thg Statemert of financial acttvib05 indudes all gains and losses recognised in the year.
AJI income and exp8fKliture derive from continuing aGlivities.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Fixed assets
Tangble assets
12
175.786
177.692
Current assets
Stocks
Debtors
Cash al bank aThJ In hand
13
14
210
2.370
83.686
180
2,667
94,927
86,266
97,774
Credltors: amounts falllng duo wlthln
one year
15
(9,911)
14,691)
Net current assets
76,355
93.083
Totsl a88ets less currgnt liabilities
252.121
270,775
Income fund8
Restficted funds
Unrestricted fvnds
218.515
33,606
218,515
52,260
252,121
270.775
Thè financial statements were apkyoved by the Management Commrttee on 12 September 2024
MrA Lloyd {Chairnanl
Trustee

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢Gountlng policies
Charity infOrn￿tItsn
Dar*￿n Old People's Welfare AssociatKJn is a registor8d charity rb) 224799.
1.1 Aeeountlng comlentton
The accounts have bggn propargd in accordance with the charitys goveming doc￿ment as the constllut6on
adopted 1947 as amended 7 January 1992. 3 July 1995 and 13 February 2007, the Charities Act 2011 and
'A¢￿Unting and Reporting by Charities.. Slatement of Recommended Practice applicalje to charib.es
eparing their accounts in acccidance with the Finanaal Reportlro Standard appliCa￿e in th? UK and
Republic of Ireland IFRS 102}" {as amended for a￿oUnting periods commencing from 1 January 2016}. The
charity is a Public Bengfit Entity as defined by FRS 102.
The charity has tsken advantsge of the provisions in the SORP for charities applying FRS 102 UpdaÈ Bullelin
1 not to prepare a Stalemenl of Cash Flows.
The financial slalements hw departed from the Charrties {Acel￿nts and Rek￿ts) Regulations 2008 only to
the extent required to provide a true and falr vlew. This departure has involved following ts Stalement of
Recommended Piactice for ch8ritie$ applying FRS 102 rather 1han the version of the Statement of
Recommended Practice %knbch 15 referred lo in the Regulations but which has since b8en withdrawn.
The financial slalemenls are prepared in sterfing. vthich 15 the functional currency of the charity. Monetsry
amounts in these financi81 statements are rounded lo the neare51 £.
The financial ststèm8nts have been prepared under the historical ￿$t wnvention, Imodiffied to include the
revaluation of freehold properties and to include investsnenl properties and certain financial inslnjnenls at fair
valuel. The prinrApal aecounbng poliues adopted are sel (Krt below.
1.2 Golng concern
At the time of appioving the finanaal statements, the Management Committee have • re8sonaUe eypeclalK
that the charity has adequate resour¢e$ to continu8 in operational exlslenc8 for the foreseeable frjknre. Thus
the Management Committae continue to athpt the going concern basi$ of accounting in prepariThJ the
finanaal statements.
1.3 Charltablfj fund$
Unrestricted funds a￿ available for use at the discretion of the Management Committee in frjrtherW￿e of tsir
charitsble obj'ectkves.
Restricted funds are subject to speethc eonditions by donors as to how they may be used. The purwses and
uses of the restricted fvnds are set out in thè notes to the finanual statements.
Endowment funds are subject to spe￿fiC ¢(￿dI￿on6 by do￿rS that tho ￿pital must be maintsined by Ihe
charity.
1.4 Incomg
InGome 18 recognl8ed ￿en the charity is legally entilled lo it after any performance conditions have been mel,
the amounts can be measured rellably, and It Is probable that income wll k received.
Cash donations are rewgnised on receipt. Other donalb?ns arg r￿gnised cfice the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax reCOvera￿e in
relatic￿ lo donations rèceived under GSftAid or deeds of covenant is recognised at the time of the donation.
Legacies are ree4)gnised on receipt or otherwse rf the charity has been notified of an impending distribution.
the amount 19 known, and receipt is expected. If the amount Is not known, the legacy is treated as a
contingent asset

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcleg
{Contlnued)
1.6 Expend5ture
Expenditure 1$ recogni$ed once Ih8re is a legal or construL*ve Obligati￿ to transfer economic benefft to
Ihird paty, it is probable that a transfer ol economic benefits will be required in 8ettlemenl. and the amount of
the obligation can be measureé reliabty.
Expenditure is classified by acllvty, The costs of eath activty ar8 made up of the total of dIr￿t costs and
shared costs, including sUPPOrt Wsts invofved in undgrtaking ead) actlvlty. Direct costs attribLrtable to a Single
activity are allocated directly to that activrty. Shared cosls which contribLrte lo more than one activity and
support costs which are not attdbutable to a single activity are apportioned befvfftn those aclivilws on a basis
CL)nsislenl with the use of resources. Cgntral staff costs are allocated on the basis of limfr $p8nt, and
depr8Laation charges are all¢)caled on the portion of the asset's Use.
All expondilure is a￿oUnted for on an aceruals basis and applied under the appropriate heading. Liaknlrtie8
are recognised as resources expended as Soon 8s the obligation and commttment by tha Charity lo the
expendf(ure arise5.
1.6 Tanglble flxod asswts
Tangible fixed 8ssels are inrtially measured at cosl and subsequently measured at cost or valuati)n, nel of
d¢preciab'on and any impalment losses.
Depreciation is recognised so as lo writg off the cost or valuat￿Th of ass8ls less their re￿dUal values over their
useful lives on the foll¢)wing b8SOS'.
Land and buildings - Devwenl H￿1
Lond and buildings - Day Care Centre
Fixtures, ffttings & equipment
Straight Llna 1%
Straight Line 1 %
Reducing BJance 10%
The gain or loss ari&ng on the disposal of an asset is d8tsrmined as the difference between the sale proceeds
and the carrying value Df the asset. and is recognised in the statement of financial athvibes.
1.7 Impalrment of fixed assets
At each reporb.ng end dale, the charity reviews the carrying amounts of ils langible assets lo dglemiin8
whether there is any indication that those assets have suffered an impaimienl loss, If any such indication
exists, the recoverable amount of the asset is estimated in ordor to determine the extent of the Impalm￿nt
loss lif any}.
1.8 stocks
Stocks are slated at the bwer of ujst and estimated sgllir¥J price less Costs to complete and sell. Cost
comprise5 direct materia15 and, where applicable, direct lal)our eosts and those overheads that have been
incurred in bringing the stocks to their present location and cKJnd(tion. Items held for distribution at no or
nominal consideration are measured the lower of replacement cost and ¢ost.
Net feali8able value is the estimated Selling prlce less all estlmated costs of Gompletion and costs to be
incurred in marketing, selling and di5tribulion,
1.9 Cash and cash •quival8nls
Cash and cash equivalents include ¢a$h In hand, tjeposits held at Gall wth ￿nks, other short-temi liquid
investsnenls with original malurilies of three months or less. and bank ¢)Vgrdrafts. Bank overdrafts are shown
within ￿rrowIng5 in oJrrenl liabiltties.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollclès
IContlnu•dl
1.10 Flnanclal Instruments
The eharily has elected to apF4y the provi8ion8 of Section 11 'Ba￿e Financi81 Instruments, and S8ctbn 12
'Other Fin8ncial Instruments Issues, of FRS 102 to all of ils ffinancial instruments.
Financial instruments are recognised in the chanty's balance sheet when the Charity be￿MeS party to the
contractud provisions of the ir6trument.
Financial assgts and Ilabilitias ara offs8t. wth the net amounts presented in the finanoal Ststements. when
there is a legally enforceable right to $91 off the reccgnised amounts and there is an intention to settle on 8 net
basis or lo realise thg asset and settle the liability slmullanewsly.
B&$lc Ilnancljl assets
Basic financial assets, whith indude debtors 8ThY c88h and bank balances. are initially measured
transaction pri¢x induding transaction costs and are subsequenlty carried at amort158d cost using the effeth.ve
interest method unless the arrangement constitutes a flnancing transaction. where the transaction 1$
measured at thg prgsfrnt value of the future reGeipl$ di5countet1 at a market rats of intgr8St. Financial ay5ets
classified as receivalle within on8 year are not amorb5ed.
Baslc Ilnanclal Ilabllltles
Basic financial liabilities, including Credito￿ and bank lo￿5 are initially recognised at transaction prtce unless
the arrangement constitutes a financlng transaction. where the debt instNment is mèasured al the present
,value,of,the fvlure payments discountsd at a market fa'te of interest. FinarKial liabiliti￿ classified as payab
within one year are not amortised.
'Debt instruments are subsequenlky carried at amortised cost, uslng the effective interest rate method.
Trade ereditors are obllgatlons to pay for goods OT services that have been 8cqulred In the Ordin￿ couise of
operations from supplier$. Amounts payable are classified as current liabilities rf payment is due within on8
year or less. If no( they are presented as non-current liabilities. Trade creditors are recognised initially 8t
transath'on Pri￿ and subsequenlly measured al amortised cost u%ng the effective interest method.
Dereco9nition of flnanclal Ilabilities
Financial liats'if(ies are derecognised when the ¢harity'$ contractual obligations expire or are discharged or
cancelled.
1.11 Empboyee beneflts
The cost of any unused hol￿aY entitlement is recognised in the period in whith the employee's services arg
rec@ived.
Temiination benefits are recognlsed immediately as 8n expense when the charity 18 demonstrably commrtted
lo terminate the employment of an empbyee or to provide temiination benefits.
1.12 Rellremènt beneflts
Payments to defineé conlritsjtion retirement benefft ￿heMeS are d￿r9ed a8 an expense a8 they tsll due.

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critical accounting estimates and judgements
In the application of the chall￿s accounting rtjlicies, the Management Committee are required to make
judgements, estimates and assumptions about the Lzrrying amount of assets and liabilities that are not readily
apparent from other sourt6s. The estimates and assooated assumptions are based on historical experience
and other factors that are con$itJered to be relevant. Actual results may differ from these estimates.
The estimates and underlwng assumptions are reviewed on an ongoing basis. Revision5 to accountin9
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the peii¢A of the revi￿0￿ and future peric¥Js where the revison affects both current and future
periods.
Donatlons
UnrnBtricted Unrostricted
funds
funds
2024
2023
Donab"ons and gifts
B￿Ss
7,003
110,105
11,184
109,105
117,108
120,269
10-

e• co ID
11 i"

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
othor tradlng actfvftkns
Unrestrlcted Unrostrictsd
funds
funds
2024
2023
Fundraising events
5.493
8,027
Investments
Unrnstrlctod
funds
Total
2024
2023
Irrteresl receivable
2,168
Charitabl• activities
Dlrect
Dlrect
charitabl• charltabl•
expendlture expendlture
2024
2023
Staff costs
Deprec4alK)n and Impalmienl
Ambulance Service
Provisions for Catering
Events and aFpeals
Ga5, watei, electricity, insurance and rates
Cleaning materials and windows
Telephone
Repairs, renewals and maintenance
Prinb"ng, Stationery. adverts'sing and postage
Legal and professional
Sundry
Bank charges
129.465
1.926
20,956
24.557
1,391
29,487
2,529
715
4,949
52
712
243
122,821
2,007
19,128
20,336
1.325
14.036
1,426
3,171
65
638
159
11
217,566
185,604
Share of g0vema￿* co$ls (see note 8)
1,212
1.077
218,778
186.681
Gov￿nanCe costs indudes payments of£9121202& £882) for ac￿untancY fees.
12-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Support Costs
Support Gov8rnanc8
2024
2023
Independent Examiners Fees
Bc1Jk-keeF￿rrfJ
912
300
912
300
882
195
1.212
1.212
1,077
Analysed btheen
Chafliable activities
1,212
1.212
1.077
Managam•nt Commiliee
None of the Management Commlttee {or any persons conne¢ted Iheml received any remuneration or
benefits from the charity during the year.
10 Employees
Number of employogs
The averagg Mc￿￿lY number of employees during the yearwas..
2024
Number
2023
Number
Management
Krtchen
Day Care
Cleaner¥
Employment costs
2024
2023
Wages and salaries
Sooal security costs
Other ￿nsiOn costs
125,495
2,135
1,835
119,631
1,398
1,794
129,465
122,821
There were no employees whose annual remuneration wa$ £80.000 or more.
11 Taxatk)n
The charlty Is exempl from lax on income and galns falling wthin $e¢tion $05 of the Taxes Act 1988 or $8Ctron
252 of the Taxationof Chargeable Gains Act 1992 to the extent that thgs8 are applied to its charitable objects,
13-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Tanglble flxed assets
Land and
Land and
bu1ld1ngs-t￿1ldlTh08- Day
DoTh¥8rt Hall Caro Centr•
FlxtuYo•,
Ilttlngs &
equipmenl
Trtal
Cost
At 1 April 2023
65,803
112,872
70.812
249.487
At 31 March 2024
65,803
112.872
70.812
249,487
Dèpreelatlon and Impalmi8nt
Al 1 April 2023
Depreoats'on Gharged in the year
3.073
439
5.264
752
63,458
735
71,795
1,926
Al 31 March 2024
3.512
6,016
64,193
73,721
Carrylng amount
At 31 March 2024
62.291
106,856
6,619
175,766
At 31 March 2023
62,730
107,608
7,354
177,692
13 Stocks
2024
2023
Closing provisions
210
180
14 Debto
2024
2023
Amounts falling duo wlthln on• y•ar.
other debtors
2,370
2,667
15 Crgdltor8: amounts falling due within one ygar
2024
2023
other taxation and social sacurty
Trade creditors
Accruals and deferred income
1,378
3,007
5,526
3.815
876
9,911
4,691
14-

DARWEN OLD PEOPLE'S WELFARE ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Analy$ls of not assets betI￿n funds
Unrgstrlcted Restrl¢ied
fund5
funds
2024
2024
Total Unrestrlctgd R￿t￿Ct•d
fund$
funds
2023
2023
Totsl
2024
2023
Fund ba18nces al 31
March 2024 are
represented by..
Tangible assets
Current asset81lliabililie8)
175,766
76,355
175,786
76,355
177,692
93,083
177,692
93,083
252,121
252,121
270,775
270.775
17 Related party transa¢tion$
Rwnuneration of key management personnel
The remuneration of key management personnel is as follow3.
2024
2023
Aggrogate compensation
20,439
19,415
15-