REGISTERED CHARITY NUMBER: 235891
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2023
for
Datchet United Charities
Tim O'Brien CA The Green Datchet Berkshire SL3 9AS
Datchet United Charities
Contents of the Financial Statements for the Year Ended 30 September 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Datchet United Charities
Report of the Trustees
for the Year Ended 30 September 2023
The trustees present their report with the financial statements of the charity for the year ended 30 September 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
235891
Principal address
24 Holmlea Walk Datchet Berkshire SL3 9HZ
Trustees
Mrs H Dalton T O'Flynn Ms M Winter D Simpson (appointed 19.1.23)
Independent Examiner
Tim O'Brien CA The Green Datchet Berkshire SL3 9AS
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ T O'Flynn - Trustee
Page 1
Independent Examiner's Report to the Trustees of Datchet United Charities
Independent examiner's report to the trustees of Datchet United Charities
I report to the charity trustees on my examination of the accounts of Datchet United Charities (the Trust) for the year ended 30 September 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tim O'Brien CA
Tim O'Brien CA The Green Datchet Berkshire SL3 9AS
Date: .............................................
Page 2
Datchet United Charities
Statement of Financial Activities for the Year Ended 30 September 2023
| 30.9.23 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Investment income 2 28,364 EXPENDITURE ON Raising funds 3 33,898 Charitable activities Day Centre 3,678 Monetary Assistance to families 1,932 Other monetary assistance 4,750 Transport 2,439 Xmas Vouchers 6,500 Total 53,197 NET INCOME/(EXPENDITURE) (24,833) RECONCILIATION OF FUNDS Total funds brought forward 816,278 TOTAL FUNDS CARRIED FORWARD 791,445 |
30.9.22 Total funds £ 27,592 126,235 5,168 2,618 7,162 2,771 3,860 147,814 (120,222) 936,500 816,278 |
|---|---|
The notes form part of these financial statements
Page 3
Datchet United Charities
Balance Sheet
30 September 2023
| Notes FIXED ASSETS Investments 6 CURRENT ASSETS Cash at bank and in hand NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 7 Unrestricted funds TOTAL FUNDS |
30.9.23 Unrestricted fund £ 762,224 29,221 29,221 791,445 791,445 791,445 791,445 |
30.9.22 Total funds £ 782,865 33,413 |
|---|---|---|
| 33,413 | ||
| 816,278 | ||
| 816,278 | ||
| 816,278 | ||
| 816,278 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. T O'Flynn - Trustee
The notes form part of these financial statements
Page 4
Datchet United Charities
Notes to the Financial Statements for the Year Ended 30 September 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 30.9.23 | 30.9.22 | |
| £ | £ | |
| Dividends received | 28,098 | 27,579 |
| Deposit account interest | 266 | 13 |
| 28,364 | 27,592 |
Page 5
continued...
Datchet United Charities
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
3. RAISING FUNDS
Raising donations and legacies
| Staff costs Administrative expenses Investment management costs Support costs Aggregate amounts |
30.9.23 £ 14,540 2,931 17,471 30.9.23 £ 16,427 33,898 |
30.9.22 £ 14,598 2,382 16,980 30.9.22 £ 109,255 |
|---|---|---|
| 126,235 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2023 nor for the year ended 30 September 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Investment income | 27,592 |
| EXPENDITURE ON | |
| Raising funds | 126,235 |
| Charitable activities | |
| Day Centre | 5,168 |
| Monetary Assistance to families | 2,618 |
| Other monetary assistance | 7,162 |
| Transport | 2,771 |
| Xmas Vouchers | 3,860 |
| Total | 147,814 |
| NET INCOME/(EXPENDITURE) | (120,222) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 936,500 |
Page 6
continued...
Datchet United Charities
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | ||
|---|---|---|
| fund | ||
| £ | ||
| TOTAL FUNDS CARRIED FORWARD | 816,278 | |
| 6. | FIXED ASSET INVESTMENTS | |
| Listed | ||
| investments | ||
| £ | ||
| MARKET VALUE | ||
| At 1 October 2022 | 782,865 | |
| Additions | 100,000 | |
| Disposals | (104,214) | |
| Revaluations | (16,427) | |
| At 30 September 2023 | 762,224 | |
| NET BOOK VALUE | ||
| At 30 September 2023 | 762,224 | |
| At 30 September 2022 | 782,865 |
There were no investment assets outside the UK.
The market value of fixed assets investments at 30 September 2023 was £762,224.
7. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.10.22 £ 816,278 816,278 Incoming resources £ 28,364 28,364 |
Net movement At in funds 30.9.23 £ £ (24,833) 791,445 (24,833) 791,445 Resources Movement expended in funds £ £ (53,197) (24,833) (53,197) (24,833) |
|---|---|---|
continued...
Page 7
Datchet United Charities
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.10.21 £ Unrestricted funds General fund 936,500 TOTAL FUNDS 936,500 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 27,592 TOTAL FUNDS 27,592 |
Net movement At in funds 30.9.22 £ £ (120,222) 816,278 (120,222) 816,278 Resources Movement expended in funds £ £ (147,814) (120,222) (147,814) (120,222) |
At 30.9.22 £ 816,278 |
|---|---|---|
| 816,278 | ||
| (120,222) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.10.21 £ 936,500 936,500 |
Net movement in funds £ (145,055) (145,055) |
At 30.9.23 £ 791,445 |
|---|---|---|---|
| 791,445 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 55,956 | (201,011) | (145,055) |
| TOTAL FUNDS | 55,956 | (201,011) | (145,055) |
continued...
Page 8
Datchet United Charities
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2023.
Page 9
Datchet United Charities
Detailed Statement of Financial Activities for the Year Ended 30 September 2023
| Detailed Statement of Financial Activities for the Year Ended 30 September 2023 |
||
|---|---|---|
| 30.9.23 | 30.9.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Investment income | ||
| Dividends received | 28,098 | 27,579 |
| Deposit account interest | 266 | 13 |
| 28,364 | 27,592 | |
| Total incoming resources | 28,364 | 27,592 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Wages | 14,540 | 14,598 |
| Administrative expenses | 2,931 | 2,382 |
| 17,471 | 16,980 | |
| Charitable activities | ||
| Day Centre | 3,678 | 5,168 |
| Monetary Assistance families | 1,932 | 2,618 |
| Other monetary assistance | 4,750 | 7,162 |
| Transport | 2,439 | 2,771 |
| Xmas Vouchers | 6,500 | 3,860 |
| 19,299 | 21,579 | |
| Support costs | ||
| Governance costs | ||
| Fall/(growth) in value of investments | 16,427 | 109,255 |
| Total resources expended | 53,197 | 147,814 |
| Net expenditure | (24,833) | (120,222) |
This page does not form part of the statutory financial statements
Page 10