Digitally Signed Document Document ID: 0D44A746B39220
Document Details:
| Filename: | THEDISAWAY-Charity accounts (final)- JAMIL-20231026-095425-083.PDF |
|---|---|
| Client of: | Marden & Co Accountants Limited |
Signature Details
| Name: | Lynne Simpkins |
|---|---|
| Email: | lynnesimpkins@hotmail.com |
| Date & Time: | 27/10/2023 15:01:05 PM (BST) |
| IP Address: | 81.108.139.143 |
| Signing Statement: | Disaway Trust(The) confirms that the information is correct and complete to the best of their knowledge and belief. |
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| On behalf of: | Marden & Co Accountants Limited |
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REGISTERED COMPANY NUMBER: 01567602 (England and Wales) REGISTERED CHARITY NUMBER: 282874
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Disaway Trust(The)
Marden & Co Accountants Limited 45 Nork Way Banstead Surrey SM7 1PB
Disaway Trust(The)
Report of the Trustees for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal activity of the Trust is to provide recreation, rest and holidays for people with physical disabilities and furthering their integration with able-bodied persons.
Significant activities
The charity has the general aim of contributing to the quality of life of disabled people through organising interesting and stimulating group holidays.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
01567602 (England and Wales)
Registered Charity number
282874
Registered office
45 Nork Way Banstead Surrey SM7 1PB
Trustees
S Doran Administrator N Green Retired M Hammersley Civil Servant J Kidd Retired Community Registered Nurse L Simpkins Retired G Wheeler Unemployed P Nicholson Retired L Miller Civil Servant A Lipscombe Retired V J R Francis Director
Company Secretary
N Green
Page 1
Disaway Trust(The)
Report of the Trustees for the Year Ended 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Bernard Marchant FFA FFTA Marden & Co Accountants Limited 45 Nork Way Banstead Surrey SM7 1PB
Approved by order of the board of trustees on 26 October 2023 and signed on its behalf by:
L Simpkins - Trustee
Page 2
Independent Examiner's Report to the Trustees of Disaway Trust(The)
Independent examiner's report to the trustees of Disaway Trust(The) ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Bernard Marchant FFA FFTA
Marden & Co Accountants Limited 45 Nork Way Banstead Surrey SM7 1PB
16 October 2023
Page 3
Disaway Trust(The)
Statement of Financial Activities for the Year Ended 31 March 2023
| 2023 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 11,235 Charitable activities Costs of generating voluntary income 37,125 Other trading activities 2 2,528 Investment income 3 499 Total 51,387 EXPENDITURE ON Raising funds 4 1,422 Charitable activities Costs of generating voluntary income 47,278 Total 48,700 NET INCOME/(EXPENDITURE) 2,687 RECONCILIATION OF FUNDS Total funds brought forward 29,144 TOTAL FUNDS CARRIED FORWARD 31,831 |
2022 Total funds £ 1,640 15,700 1,520 9 18,869 1,281 22,671 23,952 (5,083) 34,227 29,144 |
|---|---|
The notes form part of these financial statements
Page 4
Disaway Trust(The)
Balance Sheet 31 March 2023
| 2023 Unrestricted fund Notes £ CURRENT ASSETS Debtors 7 12,137 Cash at bank 30,624 42,761 CREDITORS Amounts falling due within one year 8 (10,930) NET CURRENT ASSETS 31,831 TOTAL ASSETS LESS CURRENT LIABILITIES 31,831 NET ASSETS/(LIABILITIES) 31,831 FUNDS 9 Unrestricted funds 31,831 TOTAL FUNDS 31,831 |
2022 Total funds £ 40,266 24,538 64,804 (35,660) 29,144 29,144 29,144 29,144 29,144 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
Disaway Trust(The)
Balance Sheet - continued 31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 26 October 2023 and were signed on its behalf by:
L Simpkins - Trustee
J Kidd - Trustee
The notes form part of these financial statements
Page 6
Disaway Trust(The)
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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 corporation 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. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Fundraising events | 1,563 | 405 | |
| Social lotteries | 965 | 1,115 | |
| 2,528 | 1,520 | ||
| 3. | INVESTMENT INCOME | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Deposit account interest | 499 | 9 |
continued...
Page 7
Disaway Trust(The)
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
4. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Support costs | 1,422 | 1,281 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 1,640 |
| Charitable activities | |
| Costs of generating voluntary income | 15,700 |
| Other trading activities | 1,520 |
| Investment income | 9 |
| Total | 18,869 |
| EXPENDITURE ON | |
| Raising funds | 1,281 |
| Charitable activities | |
| Costs of generating voluntary income | 22,671 |
| Total | 23,952 |
| NET INCOME/(EXPENDITURE) | (5,083) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 34,227 |
| TOTAL FUNDS CARRIED FORWARD | 29,144 |
continued...
Page 8
Disaway Trust(The)
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| Other debtors | 11,875 | 40,006 | ||
| Prepayments | 262 | 260 | ||
| 12,137 | 40,266 | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Other creditors | 10,270 | 35,000 | ||
| Accrued expenses | 660 | 660 | ||
| 10,930 | 35,660 | |||
| 9. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/4/22 | in funds | 31/3/23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 29,144 | 2,687 | 31,831 | |
| TOTAL FUNDS | 29,144 | 2,687 | 31,831 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 51,387 | (48,700) | 2,687 | |
| TOTAL FUNDS | 51,387 | (48,700) | 2,687 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1/4/21 | in funds | 31/3/22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 34,227 | (5,083) | 29,144 | |
| TOTAL FUNDS | 34,227 | (5,083) | 29,144 |
continued...
Page 9
Disaway Trust(The)
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 18,869 | (23,952) | (5,083) |
| TOTAL FUNDS | 18,869 | (23,952) | (5,083) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/4/21 | in funds | 31/3/23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 34,227 | (2,396) | 31,831 |
| TOTAL FUNDS | 34,227 | (2,396) | 31,831 |
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 | 70,256 | (72,652) | (2,396) |
| TOTAL FUNDS | 70,256 | (72,652) | (2,396) |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 10
Disaway Trust(The)
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 March 2023 | |||
| 2023 | 2022 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 11,235 | 1,640 | |
| Other trading activities | |||
| Fundraising events | 1,563 | 405 | |
| Social lotteries | 965 | 1,115 | |
| 2,528 | 1,520 | ||
| Investment income | |||
| Deposit account interest | 499 | 9 | |
| Charitable activities | |||
| Contributions from helpers | 36,274 | 15,700 | |
| Other fund raising activities | 41 | - | |
| Reunion income | 810 | - | |
| 37,125 | 15,700 | ||
| Total incoming resources | 51,387 | 18,869 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Insurance | 785 | 803 | |
| Accommodation | 45,126 | 16,504 | |
| Transport | 50 | 4,033 | |
| Reunion expenditure | 767 | - | |
| Entertainment | - | 631 | |
| Lottery prizes | 550 | 700 | |
| 47,278 | 22,671 | ||
| Support costs | |||
| Management | |||
| Postage and stationery | 295 | 392 | |
| Sundries | 395 | 169 | |
| 690 | 561 | ||
| Governance costs | |||
| Accountancy and legal fees | 732 | 720 | |
| Total resources expended | 48,700 | 23,952 | |
| Net income/(expenditure) | 2,687 | (5,083) |
This page does not form part of the statutory financial statements
Page 11
Disaway Trust(The)
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |