Charlty reglstratlon number Chartty Roglstratlon No.245425 DOLANOG RESIDENTIAL HOME ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
DOLANOG RESIDENTIAL HOME LEGALAND ADMINISTRATIVE INFORMATION Trustoes: Dr H M Prittha Mrs J Camtthll Mr R Davies Mrs R Wunden Mrs T Tha$ Home Manag•r, Miss M Cotton Charlty Number. 245425 Rfjglstered offlco; Dolanog Redential Home 87 Russdl Ro1 Rhyl Dentsghshi LL18 30U Accountants: Harold Smith Unrt 32 StAsaph Business P8rfk StAsaph Dent4"gh$h LL17 OJA LL17 OJA Bankers: HSBC PIC 23 IAWlington Road Rhyl Dentighshiro LL18 IBB Inv•$tm•nt •dvl•orn' Nucleu8 Greens 12 Blenhewn Place Edintr4Jigh EH7 SJH Ascent Finanual Planning Limrted 93 Bcmien Court St Asaph Business Pa Sl Asaph DenbvJhshire LL17 OJE
DOLANOG RESIDENTIAL HOME CONTENTS Pag• Trustee$ rewl Page 1-3 Independent examinerfs reF*Yt Page 4 statement of financial Kts'vities P8ge 5 Balance sheet Page 6 Notes lo the financtal statements Page 7-13
DOLANOG RESIDENTIAL HOME TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trust885 present their report and finanual statements the year ended 31 Deeember 2024. The financial statements have been tKepared in xc¢ydanee with the accounting pdicies sel out in note 1 of the financial stslements and compty wrth the constitution, the Chaiities Act 2011 and "Ac£ounting and Reporting by Charities,. Slalement of Recommended Prath'ce applicable to thathes preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for aceountlng pericJy commendng from 1 January 2016} ObJèctlv•s and actlvltl•s The object of Dolanog Residenbal Home. as set out in constrtulion, is the promobon of the welfare of the aged by the provision of 8 redential home. chanty aims to maximise the comfort and eare of residents, through maintaining high standards throughout the home. This covers the living accommodatson, the quality of care, cultural expenenr2$. the fc)d and drink on offer. ouling8 ard eXOn$ and 4180 the safety and $UrIty of the residents. Dolanog Residential Plome a¢hweg ils objectives Ihrough its strategy of good hous8hold management and control, by maintaining the proFty and buildings The Commfftee members complete a quarterfy tour around the premlses ensuring all areas are maintained and structured in good ord•r. Ongolng maintenance improvomenls this year have extended into resident's bedrooms and communal aa5. Recrultment of slaff conttnues lo prove thallenging. The home alms lo mainlaln an ample roster of s18ff en8bling It to avoid any problems with holiday and sickness cover. In order to maintain $laff morale and lo ensure the ealth and safety of the residents, agency staff are used on cccasional shifts. All staff receive regular training and all are Strongly encouraged to qualrfy to NVQ levd 3, al least. Further qualification is not just encouraged by the charity. it is also funded by the charty on the empknyee's behalf. The Trustee's pnority 18 to do al they can lo ensure a high l•v81 ol morale ammg the Staff. The Home Is regulaty praised by the re8idenf8 famil8. The Iru8tee8 have paKI due regard to widanc8 issued by the Charity Commission in deading what activi1188 the chaty should und6rtak8. Achlev•m•nts and p•rfomi•nc• Due lo the enforced constraints imposed by the pandèmic, the TnJ$leès remain obliged to fo$ on th8 priorities of bts obligations lo defer Consideratn$ of luture aspirats'ons. eXpanonS and enhancements. STRATEGIC REPORT The Tfustees were always ¥4vare that their ¥cffic decasion several years ago, lo aet on the advice reCeVed that they should Lttilize a significant part of their substanbal aCmUlated funds to enhanang the comfcrt and benefit of Dolanog's residents. would effect its enviable fin8ncial bas8. The expenditure was fcKe80 as a pnnI way to Sre DolarM)g's fvluro as an attradiv•, appealing and vlable communty asset in a competitive environment. The Trustees have Tesolved to intrtsjuce a numtw of ?fvIlY Shryt-temi cosl-othing m8asur8s. alongsida renewed efft)rts to restore ftjller occuparbcy. all aimed al replenishing the reduced level of investments. This obJectNe wll not in any way infringe the home's immutabbe commrtment lo (Jeliver the highest achievable level of ¢are that beffls our chantable ethos, obligati8 aThJ unv48vering motivatton. Flnanclal rgvlgw The Trustees are grateful to our finanebal athisers and accountants for their ready KKofesOnal advice and guidance throughout the year. As at 31 Decemter. 2024. the Charrty's reserves total £983,450{2023 - £951,072). Investmenls are monrtored regularfy by indep8nd8nl f181 athsors.
DOLANOG RESIDENTIAL HOME TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The charty has assessed the rnar risks to hich the chanty is exposed. aThl are sab"sfied that systems are in place to mitigate exposure to the major risks. PLANS FOR FUTURE PERIODS The home's abiding emphasis on woviding attradive, seasonal and nourishing food. continues to be a prominent daily feature of life at Dolanog. Having long dispensed with tXKlgetary constraints. th8 trustees and focused kllchen Stsff a fler¢ely proud of the range and qua15ty of food to be enjoyed every meal time. Trustee$ remain Committed to providing a high lev81 of (>)mfort in the Imxne and to provido adequate activities and outings for tlolanog's rgsidents. Structurg. Goverance and Managoment The Charity is governed by rts conslitubon. It has been registered as a charty sinco 15. 11 was onginally registered as"Th¢ Woman's Convalescent Home, Rhyf. The charity registratson number is 245425 arKI it opefales from 87 Russell Road, Rhyl, Denbighshire. LL18 3DU. 11 is an unirKorporaled assoryalion. The Trustees named on page 2 have served during the year. Al InJslee appointments are governed by the constitution and all appjinlmenls are approved by the Board of Tnjstees. The Board of Trustees Is authorised to appoint new trustees to fill Vac$ 8ri&ng through resignab.on or death of an existing Iruslee. Before being appointed. truste8s generally serve the Commee lo confimi theif surt3.11ty and need to apply lo the CSSIW lo register as a responsible person for the Chanty. The Board of Trustees me•t monthly throughout the year aThJ the Tru8tees annual general meeting 15 attendéd by the Home's professimal Accountsnl. During the AGM the committee officers are elected and the Responsible Individual IRII is confirmed. There 1$ also an annual meets.ng held both Ddanog's financial advisors. Although the board is the key dec4$ion making boty, tho day to day reswn8its.lrty for the management of the residents'al home is del¢galed lo the home manager. The Tru$l¢es have had the regard to the Chty commissi.$ guidance wbll¢ benefft. The Trustees who served durfng the year WKI up lo the date of gnale of thg finana81 stslement$ were.. Dr H M Prilthard Mrs J Campbell Mr R Davles Mrs R Blunden Mrs T Thomas
DOLANOG RESIDENTIAL HOME TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The chanty's (rrent polFCy nCernIng the payment of trade eredrtors is to follow the CBI'S Prompt Payers Code (copies are available from the CBI, Centre Point, 103 Oxford Street. Lond VK1A 1DU). The chanty's current policy eonceming the payrr*nl of trade creditors is lo.. settle the temis of payment Nwth suppliers wthen agreeing the temi$ of exh transaction.. ensure that suppliers are m&Je aware of Ihe tems of payment by IlUsion of the relevant terms in contra¢t$', and ' pay in a¢¢tydan¢• wilh ts &ynpaWs CLVrtra¢Xual and other bggal 01lga.ons. Trade cdItorS of the company at the year end equlvalent to 36 dtys puthes, based on the average daily amount invoiced by suppliers during the year. RISK MANAGEMENT The Iruslees actN8ly revlew Ihe major risks which the charity faces on a fegvlar basis and beIve that maintaining reserves al current levels. Combined with an annual revthv of the control over key financial systems, 11 provide sufficient resour¢e$ in the event of adverse conditions Tr trustee$ have also examined other operational and business risks faced by the ¢harty and confimi that they have estsblished systems lo manage those risks. The trustees rewt was approved by the 8oard of Trustees. Dr H M Pritdlard Daled'.22 May 2025 /-l-rtl
DOLANOG RESIDENTIAL HOME INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOLANOG RESIDENTIAL HOME I report to the trustees on my examination of the financial statements of oan0g Residential Home for the year ended 31 December 2024. Rg$ponslb1lltl and basis of report As the Iruslees of the charity yc¥J are reswnsible for the preparation of tha fin431 statoments in accordance wth th8 requirements of the Charities Acl 2011 {the 2011 Acll- I report in respect of my examinat of the ¢hariVs financial slalemenls Caled out under Section 145 of the 2011 Act. In carying out my examination I have followed all the applicable ¢Jire¢tion$ given by the Charity Commission under section 145151{bl of the 2011 Ad. Indopendent examln•fs Statemont Since the charity's gross income exce¢d¢d £250,000 your examiner musl be a member of a body listed in 5ectlon 145 of the 2011 Act. I confirm that l am qualffied lo undertake the examinatii)n bec4use l am a membw of ICAEW. which is one of the listed bodies. Your attentlon 1$ drawn lo the fact that the charity has prepared finanaal statements in acCOrdar vth Accounting and Reporb'ng by Chantses preparing their accounts in accordance with the Finanryal Rgporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preference to the Accounting and Reporting by Charrties.. Statemanl of Recommended Pracb"¢6 issued on l Apnl 2005 %thi¢h 1$ ferred to in the extant regulations bul has now been withdrawn. l understsnd that thi$ has been done in order for financjal slatement8 to pn)vide a true and fair view in acrdanCe wrth Generally Accepted Accountsng Pracll¢e effecth for reporkn'ng pencrtjs beglnnlng on or after 1 January 2015. I have Mpleted my examkn8tKJn. I corrflm thot M matters have come lo my attents'on in conneckn'on vlth the examination giving me cause to believe that in any malerial respect.. a¢¢ounting r¢¢ofds were not kept in respe¢t of the charlty as required by sectson 130 of the 2011 A¢t'. or Ihe financial slalemenl$ do not accord those records. or the financial statements do not comply wrth the applicable requirements concerning the form and content of accounts sel oui in the Charrties IA¢counls and Reports) Regulab"on$ 2008 ¢)ther than any requirement that the accounts give a true and f&"r vM¥ vknith 1$ not a malter con&dered as part of an ind8pondenl examination. I have no concerns and have come ao$S no other matters in Connect wth the examination to which attention should be drawr¢ in this report in order lo enable a proper understsnding of the financial slalements lo be r¢a¢hed. LArcher FCA Unit 32, Llys Edmund Prys Sl Asaph Business Park Sl Asaph Denbighshi LL17 OJA Dated.. 22 May 2025
DOLANOG RESIDENTIAL HOME BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Flxed assets Tangible assets Investments 10 11 789,884 123,943 798,434 112,396 913.827 910,830 Current assets Debtors Cash at bank and in hand 12 69,771 81,896 81.071 139.557 131.887 Crodltorn: amounts tslllng duo wlthln one y•ar 13 167.574) 191.4251 Net current as88ts 71,983 40,242 Totsl 8880ts le88 curront Ilablllti 985,810 951.072 Income funds Unrestricted funds 98S,810 951,072 985.810 951,072 The financlal statements approved by the Trustees on 22 M8y 2025 Dr H M Prtlchard Dated.. 22105r2024
DOLANOG RESIDENTIAL HOME STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlctsd Unrestncted fund• funds 2024 2023 Notss Fees Investrnents Other incom& 961.690 12,350 15,000 904.398 8.487 84,000 Totsl Incomg 989,040 996.885 Chafitabk activitses 954,302 940,602 Not Incorn8 for the y8•rf Net movement In lund$ 34.738 56,283 Fund balances al 1 January 2024 951,072 894,789 Fund b•lan¢o8 8t 31 Dec•mber 2024 985.810 951,072 The ¥tslement of finandal advltles InclLKle$ all galns Ios58s recLb3nis¢d in the year. The statement of finarla[ advlbes Indudes all gain$ arKI Ios8es rec4Jgnised in the wr. Al ikKome and expendrture derive from continuing aclivities.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Charfty Inf0rn7atlon Ddanog Residential Home is a charity. 1.1 Accountlng convenllon The financial statements have been prepared in attordaTh% with cknrity$ ¢onslitubon. the charities kt 2011 and 'Aceounling and Reporting by Charrties." Statement of Recommended Pracb"ce applicable lo harities preparing their accounts in accordance %Mth the Financial Reports'ng Stsndaid applicable in the UK and Republic of Iland IFRS 102)" las amended for aceounts.ng penods CAThmenetng fomi 1 January 2016}. This is a Public Benefft Entsty as defined ty FRS 102. The charity has taken advantage of the provisions in the SORP for charit applying FRS 102 Update Bulletsng 1 r1 to ppare a Statement of Cash FltrA. The financial statements have departed from the Charities {Accounts and Reportsl Regulalions 2008 only lo the extent wuired to provide a true and fair vw. This departure has involved followng the Slalemenl of Recommended Practice for eharibes applying FRS 102 rather than the version of the Slalement of Recrymmended Practicé wthich is referred to in the RewIth.S bLrt has since been wrthdrawn. Thts financlal stslements are prepared in slerfing, whith i¥ tre functknal rrencY of the Charlly. Monetary amounts in these finaal ststements are rounded to the nearest £. The financial statements have been prepad under the hisloricd ($t convention, Imodified lo include the r8valualion of freehold properties and to indude inveslmenl properties and certain financial instrunent8 al fair valuel. The prinrypal accounting Wiaes adopled arè sat txrt below. 1.2 Golng concern At the time of 8pproving the financial ststements. the trustees have a reasonable expectatlon that the charlly has adequale resources to continue in operational eStenCe for the foreseeable flrture. Thus the Iruslees contsnue to adopt the wng concam ba$18 of accountiThJ in prepaiing the ffinaal statements. 1.3 Charltabl• funds Unrestricted funds are availe for use at the discretion irf the trustees in furtherance of thelr charftsble obje¢tive$. Restricted funds are subject lo speufi¢ ¢onditions by donors or grantors as to how they may be used. The purposes and uses of the r¢stn"¢ted furKls are sel out in the notes to the financial slatgmenls. Endowment fvnds are su.?¢1 to speafic conditi¥ by don¢XS that the Capital must be maintained by the trustees. 1.4 Intome Income Is reeognl8ed wthen the (tharity ts legally anblled to rt after any performan conditions have been met. the amounts can te rneasud reliatAy. and it is prthble that income wll be rec8ived. Cash donations are reeognised on repl Ofv dcmatths a recoynised ore the ¢harty ha$ been )tified of the donats'on. unless performants conditions require deferral of the amount. Lega¢ies affj reCnISed on re(apt or othem'se rf the charity has been notified of an imFending distribution, the amount is knovm, and reIpl is expected. If amount is not kno4. the legacy is treated as a conkn"ngent asset.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policles (Contlnuedl 1.6 Expendlturn These finanual ststemefts for the year ended 31 December 2024 are tre first finanual ststements of Do18nog Residential Home prepared in accordance FRS 102. The Financid ReFxyb'ng Standard applicable in the UK and Republic of Ireland. The date of Iranytion lo FRS 102 was 1 January 2023. The reported finan¢lal P08ilion and financial rrOm1an¢e for the previous perictyJ are not affected by the tran*tion to FRS 102. 1.6 Tanglblo Ilxod assots Tangible fixed assets are initially measured at cost and subsequendy measured at cost or valuation, nel of depre¢iation and any impaimient losses. Depreciatson is recognised $0 as to write off the CC¥St or ¥8luakn of assets less thelr resldual values over thelr useful live8 on the follwng bases: Freehold land and buildings Plant and Equipment Fixtures and Fitting8 Motor vehicles 1 S% per annum on written down value 15% per annum on writt8d down valyo 25% per annum on written down valuo The gain or loss arising on the disposal of an asset is delwmined 88 the drffer¢n¢¢ betsvean Ihe sale prct8ed8 8nd the ¢arrying value of the 8ssel, and is re¢ognised in the statement of finanal a1via$. 1.7 Flxod asset Inv•strnonts Fixed asset investments are initlally measured al transa¢b"on ee exdudlng transadon cos13, and are subsequently measured at fair value at each rwting date. Change8 in fair value are recognised in nel incomellexpendrturel for the year. Tran8actson costs aro &xp6nsed 0$ irthrfed. 1.8 Impalrnient of fixed a880ts At each repoth'n9 end dale, the charty reviews the cafrying amounts of its tangible assets to determine whether there is any indicatson that those assets have suffered an impaimenl 1038. any such indution exists, the recoverable amount of the asset is estimated in order to determine the extent of the Impairment 1058 lif any). 1.9 Ca$h and ¢ash ¢qulvalents Cash and cash equivalents include cash in hand, deposrts held al call wth banks. other short-tem liquid investments wth original maluntie$ of three months or S5. and bank overdrafts. Bank overdrafts are shown within boowing5 in current lblIrtIeS. 1.10 Flnanclal Instruments The charity has elected to awly the FvOn5 of Secticm 11 '8asi¢ FinanrAal Instruments. and Section 12 'Other Finanaal Instruments Issues, of FRS 102 to all of its financgal instruments. Financial instruments are reeognised in the chariV$ balartt sheet when chaw become8 paty to the contractual pmw&ons of the instrumenL Financial assets and liabilities are offseL th the net amnts presented in the financial stalemenls. when there is a legally enIorble right to set off the recognised amoun15 and there 1$ an intention to settle on a net baS or lo realise the asset and Sett the liabilty SimultaneouY.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Icontlnued) Baslc Iln•n¢lal asséts Basic financial assets, wthich include debtors and cash and bank balances. are Initially measured at transaction price including transath.on costs and are subsequentty carried al amortised cost using the effective interest method unless the arrangement ¢onskn"tutes a finanong transact, where the transaction is I measured at the present value of the future receipts discourrted al a market rate of Interest Financial assets dassffied as receivable within on& are not amorb'sed. Ba$1¢ flnan¢lal Ilabllllles Basi¢ financ[ liabilities. indudlng creditoTr arKI bank loans a inltially recognised at transaction pCe unless the arrangement constitutes a financing transtion, vthere the debt instrument is measured al the present value of the fvrture payment$ discounted at 8 market r8le of 1ftter. Flnano81 liabilib'e$ dassified a8 payable thin one year are not amortt'sed. Debt Instruments are subsequenuy Carried at amortised cost, using the effe(ve inleresl rate method. Trade creditors afe obligations to pay for goods or services that have been acquired in the ordinary course ol operations from sUpplr5. Amounts payable are ¢lassified 4$ ¢urrenl Iiabililies if payment is due wrthin one year or less. If not, they are presented as nOn-Tren1 liabilities. Trade creditors are recognised initially al transa¢ti¢)n price and SubsequenY MeasUj at arTh)rtI o)st using the effective interest method. Derecognltlon of Ilnancl•l Ilablllll•s Financial liakn'lities are deTecognised when the thwlty'8 eontradual obllgalons explro or are dl8charged or ancelled. 1.11 Employee benellts The cost of any unused h¢Siday entrflement is recogniwl in th8 period in wthich the employee's Services are r8¢elvod. TemInatI benefits are recowi8ed imm8dkgtety as an expense the tharty is demonstrably committed lo teminate the employment of an employee (x to prov& leminats'on benefits. 1.12 Rotlremont beneffti Payments lo defined contr rets'rement benefft schemes arn charged as an expense as they fall due. Crltlcal accountlng estlmates and Judgements In the appli¢ation of the ¢thanty's &¢ounling policies. the Twslees are required to make judgements, eslimates and assumptions aboul the Carrn9 amount of assets and liabilrties that are not readily apparent from other sourtss. The estimates and associated assumpth)ns are based on historical expenence and other factors that a con&dered to te relevanL A(knl results may differ from these estimates. The estimates arKI undertw.ng assumptions are revwed on an ongoing basis. Revisions lo )untsng e5MateS are recc>Jnised in the pericMI in %hi(* the esbmale 1$ revised where the rewsion affects cnly that period. or in the penod of the rewwon and fiJiure periods where the revision affgcts both current and frjlure periods.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Investments Unre8trlcted Unrestrlcted fund• funds 2024 2023 Increase In Investment Interest Re¢xivable 11,547 803 7.881 12,350 8,487 F••• R•c•lv•d Unro•trl¢tod Unrestricted lund• funds 2024 2023 Fee8 Racefvod Irom Rdents 961,890 904.398 Other Income Unrn•trlcted Unrn81rictèd lund• funds 2024 2023 Lega 15,000 e4,000 A potential lega of £23,009 79 is not rWnI8 in the8e accounts as income. Currentty the tax li8.1188 and legal fees are unkn¢7wn and not i[uded in this ests'mation, therefore the re81dual amount receivable cannot be measured reliabty resulting In an asset bng classed a8 o)ntin98nl. 10-
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Gharftsble a¢tlvltles Tolal 2024 2023 Staff costs Oepredallon and Impaimrt Purchase8 Stsff Tralnlng Rate$ Insurance Light & Heal Cleaning R8palr8 & Malnlgn¥n¢a Paymen18 to Agency Staff Prlnung. postsge and stationery Telephone Motor running exp8n8e8 Re8ld8nls Entertainikva Consultancy fees Residents Healthcare Costs Accountancy 8ank Charges Other charitable expendltur• 687.075 11,943 76.982 2.283 8,354 9,448 49,597 30.777 29,471 19.505 669.359 13,435 74.845 2.228 9,732 8.968 59,870 27,641 44,235 4.205 2,165 2.838 1.343 3,996 2,018 1,350 844 4.251 6,884 7.832 3.937 8.008 83 1,882 3.052 954,302 940,602 954,302 940,802 N•t mov•m•nt In funds 2024 2023 The nel movement In lunds Stated after ChargInledIts'ng). Depreclation L owned tarvjible fixed 88s0ts 11,943 13,435 Employ••8 The average monthly number ol employees durirvj the year was.. 2024 Number 2023 Humr 28 32 11
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Employe (Conttnuod) Employment colis 2024 2023 Wages and salarieB Agerq staff Other pen8ion costs 876,967 19.505 10.109 660,421 8,938 7{,581 669,359 There was 1 eM0Ye8 ttho8e 6molum8nt8 exceeded £80.000. No truees rKelved any remuneratlon or expenses in the year. The number of employee8 Twh088 annud remunerab'on was morn than £60.000 18 as follthvs. 2024 Number 2023 Numb•r £80,001 to £70,OIX> £80.1)0110 £90.000 T•xatlon The ¢*arty18 exempt from taxath)n on Its bUle all It• incom• il appli for d1•blO purpo8. 10 Tanglbl• fix•d FI••d l•nd p1 •nd Flxtum and •Trd IMdldSngB Flttlw• luffj Total ¥•hlcl Ct At 1 January 2024 Addits"ons 722,469 88.819 395,308 3,393 24.232 1,208.828 3,393 At 31 December 2024 722,469 68.819 398,701 24,232 1,212.221 Deprnclatlon and Imp•lmi•nt At 1 January 2024 Depreciation charged in Ihe year 53.369 2.017 332.978 9.880 24,047 410,394 11,943 At 310ecember 2024 55.388 342.858 24,093 422,337 Carrylng amount At 31 December 2024 722,469 11.433 55,843 139 789,884 At 310ecember 2023 722.469 13,450 62,330 185 798,434 12-
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Flxed a•s•t Investments Llstod Inv08tments CoBt or valuatlon At 1 January 2024 Addrtions 112,3 11,547 At 31 December 2024 123,943 Carrylng amount At 31 December 2024 123,943 At 31 December 2023 112,396 12 Dobtor• 2024 2023 Amounts f•lllng du• wlthln ono ymr. Trade deblorn Prepayments ond accrued InGomo 51.842 8.644 84.089 5,882 58.486 69,771 13 CrndStorn: amounts Ialllng du• wlthln on• ymr 2024 2023 Other taxatson and social 8eaYity Trade creditors 13,452 54,122 18,188 75.237 67,574 91,425 14 Rètbremonl benefft •ch•m• 2024 2023 Dofinod ¢onlrfbthlon •chemo• Chargo to profft or1088 in re ol defined contrlbutM 8cheme8 10.109 8,938 The operates a defined contribution pension scheme for 811 quali.ng employees. The a8gets of the gtheme are held sepaTalely from those of the In an independenty administered fvfKI 13-
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Unrostricted funds The unrestn'cted fvnds of the charty COMse the unexpended balances of donations and grants which are not subject lo specific ConditnS by donors and grantS as to how they may be used. These indude designated fvnds whsth have been set aside CMJI of unrestricted fvnds by the trustees for sp8afic purpos8S. At 1 January 2024 Incomlng R88OUlf rnsources exponded At31 Docember 2024 General funds 951.072 989,040 (954,302} 985,810 Prnvlous year: At 1 January 2023 Incomlng resources Rgsources expended At31 December 2023 General funds 894,789 996,885 (940,602) 951,072 16 Rglated party tran#actlon• There were no disdosable related paty transaL*on$ during year12023- none). 14-