(knty Tegistration numbtr. 289678 Dry Stone Walling Association of Great Britain Annual Rewt and FiMKial Statem for the Y¢ar F4Mled 31 Augus12024
Dry StODe Walling Association of Great Britain Contents (continued) Referen¢e and AdMini%tr? D¢tails Trustees, KeErt 2toS Statemen¢ of TNsttes' Respotisibi]ities ]jePClldethI Examin&5 Stytem¢nt of FiDwKiA] Activities 8109 B8ian¢¢ Sheet No*5 to the Financial Ststements Ilto27
Dry Stone Walling AssKiation of Great Britain Rderuce ind Admln15tradve Detalls Trte T Blackwell P ClaOn, Chair J Gwilliam B Hanley A Loudon B Manindale C Noble LNob J Taylor M Tyl¢T 289678 Ch#rlty R¢8lstritloTr NUber PrlThtlp*l Offl Crookjknds Milmhorpe Cumbria LA7 7NH Indeptndent EAAmlDer Siabks Thnyson & BriKoe Chtheytd Accourttsrtts & sthThry A1]lOr$ 34 Lomher Streel K¢ndai L19 4DX Bxnk¢r¥ HSBC 331 U)rd Street &)uthport PR8 INJ Page I
Dry Stone W211ing AssociAtlon of GreAt Brfita Tru5tees' Report The tnte¢S present th¢ aDAual repon togeth¢r with the fina18] stytements of ts ¢h&riry for the yeaT endpj 31 AuEu$i 2024. Objedfves and tthltles Obie¢ts •Nd The obje¢ts of the ¢h8rity Ke to Jvm¢e edwaiion in th¢ craft Jttd IrIge of thy stone wllin8 for the publi¢ briL The Dry Stone Walling Association delivery trainin8 and thuots in the kyaft of dry 6wne walling by th¢ provi$ion of tr¥inin8 ¢ourse$ 8Th1 nalioDaMy reco15¢d Ltra o¢¢T¢dikd qlIfitil%& Thi$ year hal seen a fvll wwamm¢ of traittinB Cour thlivered Ixth 81 National Brnnch level. Four4ay training COUT8eB rern•ined at a con8tath level frorn the pr¢viou5 y¢8r t¢¢in8 8 Sirnilar number of panicipants 8ii¢ndin8 the Nalion81 TraiDing Site at Crooktar#48. The Cr8ft Certifi¢alion Sch¢me conlinued to iKruse in pupulthriiy with a nwnb¢r vr¢wld41¢s 4¢hi¢vitsg th¢ir ¢bos¢1) Lcv¢l in 23124 Compared lo the PreOu8 year with lest doys ¢tInUing tsk¢ place in the UK, USA, C4nada aThJ Austyalio. The Nationol Trainin8 Siie Again wel¢omed a number of Intentiol candidates including groups from J&pon. There was a180 an incTellse of Ih05e Khi•ving mter Cr8ft5maft with three candidaies Kaining this SthDJS by the end of tk year, including a previo DSWA Bursary shmkth. In SpTit)8 2024. a sthnd4rd 8¢11ing ¢veN was held which Wel¢d 911 DSWA Asjeswn from the UK and Ov¢ryeas ¢0 Crooklands. Over the ¢ourse of the weekend 411 AssessoTS uiilising updad descriptors ¢0 mark xlidateg ots siie during a tem day ¢$¢4¢nity morks the follow8 day. This event enswed th8t all Ass¢ssoTs re m•rkthg 1¢ a ¢ompw•tiYe k] ¢0 their peers and thal all ¢•ndidates ¢•n be Confideni in ihe fautt$$ and ¢otsi$tthKy ol the Crnn Certification An Instructor Training cT6¢ w &u¢ets8fiJlly delivercd in 2024, PTovide fijrthtt ITbStnthr re%MfCCS for DSWA Branches. DSWA ¢ontinu¢s to Work with extern•l or81¢10n$ deliver projects thii refie¢i the A880¢iations ethos. The s¢cond tr8n¢he of A all1 from Th¢ FArnest Cook Tnjsi, his embled DSWA to offer tw fither 8pprenliceskn'p5 for youn8 pcrsons to be Kn10T by Maxer Craftsnwi with a vicw to achievkD8 craftmn Certifieation qualifi¢ations at t15 l aryl 2 . The Wales Brn¢h ¥u¢¢e8sfidly #pplied for fillyling to deliver * proje¢l lo inc]le i Feglival of Sne, incowrO1ing dry stone w811ing training a1 competition toBether with fure oprrfTrrbJnilies ftsT dry Stone walling qualificatlons. South West Engla1 Alrah ¥0 assIed a DumbBr of members to 8ain qualificBtson5, thank5 to 8TJnt frvm th¢ Ngtional Grid. There has been a hi8lL dern for beginner trainin8 courses delivere by the DSWA Branches thruu8hout the country. The10¢o1 Br8n¢hes are run by volunieers who work iireles$ly 10 pri)Ite the ¢Tan of dry slon¢ walling. Br4n¢h fund5 rcmNin 5tron& al a nurnbcr of br4ncbc5 have to ttHn5f¢r r¢$iduhl funds lo central fininees. These fuThJs have beett lOted per branch rwutsts. with 8eMal trlfer$ aMistin8 the continued d¢liv¢ry of training. Thc Tntte Board Iwldj q11*[ty mEetin85 thrwhout the ytar. TnL4ttcs strive to minirnisc exper¥Jiturc by embracing technology and reducin8 travel costs whereyu W31ble. Membership has plateattd with revertue from skniptiotts gentrattng i Bood reNrn in the anM)unt claimed tlwough Gift Aid. m¢bandI3¢ Sal have deThsd slightly from the previous the year. The Association receives reque5t5 for advice and guidance on all aspccts of thr (taft of dry stone walling and will strive to rti8intwn the quality of mfomwion available on this traditsonal Craft. P•8e 2
Dry Stone Wllkng Assotiatfion of Great Britain Trustees, Rtport (Continued) P4bhc The Trustees ¢ODfiTTn tht they hAv¢ complied wth the of section 17 of tht Charith& Act 2011 to bave due ryard to the public benefit published by tbe CbAriry Commissioti forEtsgilj ST Wal¢& Fth•n¢lAI rtvlew The charitys income decreas from £345,340 in 2023 w £320,994 in 2024. nv)sl of the detrcase relattd to restricted funds l¢b We grants ¢¢Ived last ye4T for projects whi¢h fini8he4J in the year. ExpeTMITture increed from £296.725 in 2023 to £301,964 iti 2024. Overall Charity fiwds itycreased by £19.030 (2023 - £48,621) in the ye8r lofwhi¢h £8,333 rèlated $tr1¢1tyj furth) atea$lA$ reserves £580,241. P¢ll¢y pes¢pp•J Under thc rcquircrncnts of charity law. tlL¢ TnMtees are obli8ed to define the chwitys poli¢y for holding reserves. The intention in e5tablL8hing thii R¢s¢rve8 Poli¢y 1$ ensure the contirMtiott of ihr charit$ activitie5. The policy wiu enable the ¢han'iy io meei its le881 objeclives. provide confidence io donors sceking to give finala1 5pOrt io a pnthtly controllcd ehriry ensurc that the regerves art at A level suffieient to discharge all Ihe charitys obli8ations in the event it slmjuld ce its operatsons. This is not ¢oDsidered to be lik¢ly in th¢ foTe8¢¢•bk futwe, th¢r¢for¢ th¢ r¢5¢$ wkn'¢h the d)aTity i required 10 1Th18]n are thosc needed to fund on8Otng monthly eosfs and fuwre doTlopnxnt. To thi8 end, the TnJ5tccs havc dccided that th¢ clwity thould 8eek to hv¢ r¢s¢rves •whk¢h are noi invesied in red a88eis of a sum equal to no nre than l2 moDths general nmnin8 ¢08ts £lOO.IxxI hls been desiptrd ftsr thi5 purposc. A lar8c proportion of th¢ charitys reserves we h¢ld 4$ bwjk 4¢¢ounts. Th¢ fillwl01 ststenxnts detsil th¢ nw)Vet iti re*r/es during the year. Trnited #nd offlttri Tr ttustees Atsd oltictts servinB duTiD8 the Aince the ye4r end follows: Tnllie¢s.' T Bla¢hrll P alon, c]r J Gwilli•m (apw)inted 16 Mar¢b 2024) B Hartley P Kwkup A LothD B Matmndale lapp)imed 16 Much 2024) C Noble L lioble J Taylor M Tyler Pw3
Dry Stone Walling Association of Great Britain Trnsttts, Report (Conllnued) Strts¢tur< goverttMtt Nalmre of8overnin8 docwment Th¢ unin¢0OrAd ch&rity is conslitud under a tru8r deed dd 1968 with revt8ions. the 8¢ rece being dated 4 June 2016 I] ntifieA ai the ADTvJal General meeti on 4 Msrth 2017. The registered chariiy number is 289678. RecrilMent oppoinlmeH¢ oftrmsttts The Asso¢iaiion has a 1104rd of Tnsi¢e& ¢on8iSting of to12 ¢le¢d memkn. ld office for i wtod of thrrc yCaT$. Rdiring Trusltts arc cligible for T¢]tion for furthrr tcrrn5 of orfKc. The Chairnjan is clccted by thc Truytees fullowmg thc ADTr Genetal MeL%iDg. NomiDations for thE elcction of TnMtce5 ¥TC invited attnudlly from the membership. oftrMJlea The Trus¢ttS provide WTittert ConrmU0tt they the duties respottsibilities of their tnL%tee%hip. They concern thernelves with every 14)eet ofthe mini8tment of the eharity fully iWaTe of their onttous ruponsibilities. Th¢ TTU¥t¢¢• rw¢iv¢ and art ¥pon rcgul•T f¢ thi¢¢ isJu¢d by th¢ Chprity Con)misJion. Key management ¢on4)rise$ # full time Trnining & EdutIOn Coordimtor Ind an Offi¢e Administralor. The Trnstees set rcmuncration for Ill stsff at thc Scptcrnbrr Trustcc Board I¢17n8 cach year. to tske clTcrl from the Octoberof that year. RelatloDshlps wlth rd•ted prtl The Dry Sione w118 Association ollretttly b88 ei8bteen brh¢S iti En8iattd, Scotlhttd and Walei. Rijk nnagement The Trusites bave revIA the major risks vknich the ch&rity laces md believc thDI m&intainin8 res¢TVe5 llr current Icvc15, combined with an annual review of the controls over k¢y fina781 system& Mll promde sufficient r¢sow¢es in the eveni of adverse nditionS. The Tnwees have also examined other operalional and business risk8 fa¢ed by the ¢lw"Ity ¢oniinu¢ lo ¢sblIsh 5yStem5 mitigate ony significlnt nsk. Fthell InitrnWts ObJe¢Atw$ odpolkl¢s The Clwity'$ 8¢1ivities expo8¢ tt to a nuTtkn of rms11 risks i1lIng credii flow risk aThd liquidity risk. The ¢h#rity does not use derivative finan¢ial Insinm. Credil ruk Tr ChaTity's pl11paI financial ass¢t3 bank baJartt5 8tvJ trade a1 oth¢r re¢¢ivabl¢s. aTxI on 010n short tem] invesmRnts. The Charity has no A8Difjcant conccntration of credit risK with exposute spread over a lar8e number of counterpartics at)d tOmeT$. Page 4
Dry Stone W4lling AsMKl*tlon of Great BritAln Trustees, Report (conthiued) Ltyuldlty Ylsk In order to rnaiDtsin liquidity to that 5ufficieni fimds ue available for ongoing Ope[108 and future d¢veloprnents, tht Charity rnaintsitts a te¥onable level of in iDtht acce65 bank accounts. Fwthr detaits regardin8 hquidity risk be found itt the Staiement of accounliD8 poIicic5 in the fiDwial The Mtsnual report approved by the tru5tee5 ofthe ¢hrity on 14 December 2024 and on its bd)aif by.. P Cl&yton Tru$t¢¢ Pa8e 5
Dry Stone Walling Association of Great BrAtaln Stat¢m¢Dt of Trusteu, Responslbllhles The trustccs arc responsible for preparin8 th¢ tnLrfccs' TCPOrt and the r]tsarKiai $lai¢nnts in a¢¢ordaJce with the Unit¢d Kingdom Ac¢ouDllDg Siandards (United Kjllgdom Getxrnlly Ae£epd Accounting Prncticc) ajjd applicobl¢ jaw r¢gui•tions. The law applicablc to Chille5 rcquires thc trletS to prqxrc finCisI 51atcrncnts foT c finaDcial year which siv¢ a aDd fair view of the statc of affairs of the charity and of the inwmiDg resoum and application of r¢80urc¢8 of the charity forthat period. In preparing fIr•141 the trustees are required to.. sele¢1 witable aceoutititig policies thett apply theth c4)tri#ently. observe the methods 8nd principles in the Charilies SORP,. make jud8emenrs and ¢8tim&w thai are reuot)able wld pnent stale whether applicable accounting Jtsndards have been followe4 subj¢ to ony rnawial d¢parthr¢s disclosed and ¢xplain¢d in the finarKiai #atements; prepatt the fuwn¢ial stsments on the goin8 nCern basi8 unless li 1$ inappropriate to presume that the ¢h•rity will Continue in business. The trust¢e8 are responsible for keeping woper ¢ting records thai dis¢lo% with reuonable ac£w8cy ai any lim¢ the fiNJn¢ial po$i¢ion of the LhilY and enable them ensure thil the fu£1a1 ¥laicmmis CUTnply with thc Ch4riliu A¢t 2011, the Cknrities (Accounts and Repons) Re8ulations 2008. and the provisiom of the constitution. The thJsthe$ also responsibl¢ for 1rdIng the assets of the charity and hence for t&kin8 reasonable stéps foT the prtbenti0 deie£tioD of other irr8ulJriti¢5. The trtee5 are T¢SP)nsible for th¢ maint¢nan¢e and int¢Briry of Ehe ¢orporate atxl fin•n¢ial inforn)arion iluded on th¢ ¢hAn"thble Compan5 web$iie. [£.$100n governing the prepar81ion and diss¢minAiion of ringncial ytaiernts moy differ from legisl&ti'on ID other jurisdictio Approved by the trusiees of the clthrity on 14 Deeanber 2024 g1wj on its b¢Ir by: P C]a>ton Trust¢¢ Page 6
Dry Stone W2lllng A8soelatlon of Great Brltaln Independent EIAmlner's Report trj the trustees of Dry Stone Walling Associatlon of Great Britain I report to the trustees on My examin10 of th¢ of Dry StoD¢ Wall8 Associatson of Gffat Britaitt for the yeaT end¢d 31 August 2024. RespoJiiMitlu and bath ofr¢port As th¢ ¢han"ty ¢ne¢S of Dry Sione Walling ASS181]0 of GTCat Briiain arc respsible for thc prqjaration of ihe a¢¢ounts in icGordan¢e with tht requitements of the awities A¢t 20111'th¢ A£l'l. I rcpLTrrt in respttt of my cxamination of the Dry se Wallin8 Association of Gre Brityin's a¢¢out)ts ¢orri¢d out under section 145 of the 2011 Ath aDd in carryiDB oui my wmillaiioTh I have followed all the applicabl¢ Dirrfiions given by the Clwity ConThi1M utsder sttiion 145(5Xb) ofthe A¢i. IDdep¢Dd¢nt ¢XAnthtr'i rt•¢ement Since Dry Stone Wallin8 Associalion of Gttat Britain'$ w iD¢OT ac¢eded £250,000 your ¢x8miner must be a member of 8 Ew)dy listed in 5CCtion 145 of the 2011 Act. I confirn thai l am qualifi¢d to underrake th¢ exDmiDa¢ion betawe l arn a memkn of ICAEW. which is one of th¢ li$t¢d bodiu. I h4V¢ COTnpled my examin)0 l th•t no nmttrial mittern hAve Come w my anention in connection th the examinAtion 8iving ¢8u8e believe any material res.. l. &wountin8 r¢cordB were Jwt kept in respeci of Dry Olle W#]lin8 Associ•tion of (Ireai Brilain 88 required by s¢c¢ioD 130 of the Acl. or 2. the ttceouni$ do not accord wryth those rttords" or 3. the accouns do Mt conwly wilh th¢ X¢011g rry4uircn%nls coKernin8 the fomi and conteni ora¢colS set out In ihe ch11¢3 (Accow)rs and Re() R¢8u]iion$ 2008 other thatt atty reqUirenl that the ¢ounts give 8 'mK aThl fair vievl Yknicb is ttoi th tnther eoD#idered ts part of iDd¢perdeDt examinlllilxl. I bave no concerns and hv¢ come across tK• other m&tM. in tonneetion vrith the examinaiion to whieh attentio should be drawm in iknis report in order w enable a proper undersrandu of the accoynts lo be reached. H¢leD Holmes ICAEW Stablcs Thomp%m & Briscoc Chartered ACcounntS & Stawwry Auditors 34 Lowther Strcel Kthdal LI9 4DX Dale..... 201 Py7
Dry Stont Walling A$vbciation of Great Brfitsln ststement of Flnancial Acllvllle5 for the Year Ended 31 August 2024 Brth fuDds TotAI 2024 ruDds .Yole Income and Endowrnent$ frw4: Donations Ic8acie$ Ch8ritsble aetivithes Othcr trIng acti*itie Investment ir0 Other incoD 76.171 101.131 7.673 31550 8,913 89.361 2.734 SIKJ 1,661 117,634 190,492 10.407 800 1,661 Tothl Incon 184.975 32.550 103469 Eipendlture on: Charitable a¢iivities 184.995 24 (92.752) 1301.9641 Total F.xpendrtur¢ 184.995 2421 92,752 301,964 N¢t lexp¢ndi1ur¢lliOrnc (Iross transfers belweth 18 (20) 28.089 8 J33 10.717 19,030 Net nwv¢m¢nt in tht)d8 28.9 ,333 (17,372) 19,030 Re¢0¢170•160n of fllttdi Total ffijnds brou8hi forvArd Total fiu¥l8 ¢wri¢d forw4rd 316.565 64.834 179812 561,211 18 344.634 73.167 162.440 580.241 Branch fimds are y&rnted in the &eeounts u tly art not readily &tetMible by the central offic¢, b¢in8 under the Control of ih¢ rel¢vani branch nlife¢. The Th)tes on pag 11 ty 27 forni an inlegd p8rt of these firthncial statemenls. Pase 8
Dry Stone Walling Association of Great Brfitain Statement of FlnaDcIAI Actfvities for the Year Ended 31 August 2024 {¢ontiDued) Urestrlcted R¢thlded Brao¢b Tot 2023 CompirtlYe8 Income and EndowmeDtB from: Donauons alld legacies ChaTitsble activities Other trading activitiei Inveslment income Other in¢ome Note 72,459 70.068 10.880 25,(KM) 53.424 7.716 99,657 2.642 332 3,168 105,175 223,149 13,522 332 3.168 Total Incotne 78,424 113,515 345.346 Exp¢nditur¢ on: Chllritsble activities 143. C?6.7) 176.091} 1296.725) Totsl ExpenditUTC 143,844 76,79) 76,091 296,725 N¢t in¢ow¢ Grogs trAwf¢r8 between fiuxls 9.563 1.634 37,424 48,621 N¢1 mov¢rn¢nt in fun 41.693 1.634 5294 48,621 R¢¢oMUi4tlon of fundi Totsl fund5 brought fmv4td 274,8r2 63.200 174.518 512.590 Total fimd5 cattied fonward 18 316,565 64,834 561 179812 1] I'he funds breakdowi for the CUTreni yvr WMI 2023 1$ in 18. The note¥ on pages I I to 27 fo an inleyal part of these fir181 ststerrMts. Page 9
Dry Stone W411ing A1•110 of Great Brfitaln (Reglstratlon number: 289678) Bgln¢e Sheet ai at 31 August 2024 2024 2(123 Note Flxed 5sets Tangiblt assets 13 10.703 12,590 Current •Mets Sio¢ks Debtors BraThch bank i¢COUT Cath at battk and in hand 14 12,106 9,579 162,096 13,473 3.330 180.555 16 580.259 565.241 Credlton: flllA¥ dt wlthln one year 17 Net Current #Mtts het 561 F•ndi of the ¢hrlty: Br•n¢b fund• 162.440 179,812 Reitrkied 73.167 64,834 nrejtrleted 335 832 To¢ fundi 18 571439 561211 The fJnattci•l stsiemettti ott pagei 8 to 27 were approved by the Inm¢$. and authoiised for issue on 14 De¢¢rnb¢r 2024 and sisd on th¢ir bBbalf by.. p aayton Trusle¢ The onpages I I to 27 form an integtai part of these fiTwKio1 ststettThts. Page 10
Dry StODe Walling Asiociation of Great Britain 'otrs to the Flnanclal StstemeDts for the Year Ended 31 AuEU8t 2024 l Accountlnz polkl The financial statcmcnts have betn prcpaTed in actordance vrith Accountsng and ReportiD8 by Chtirities.. Statem¢Dt of R¢convtxnded Pracll¢¢ applible to chariiies preparing their account$ in accordance witb the Finawial R¢porting Siandard applicabk in the UK a1 Republkc of Ireland (FRS 102) (effective l Janu 2019} - {Charitics SORP (FRS 1021), thc Fina181 R¢wrfin8 Standard app]iubl¢ in tk UK and Republic of Irela {FRS 102) and the CILarities Act 2011. Basli of prepar•d• Dry Ston¢ W•llin8 Asso¢i•tion of GTeat Brit•iD 15 •D un1wl¢d cb•Trfy Tegisi¢t•J in Lnpjthnd AThd Wales. Th¢ addTCSS of thc r¢W5t¢r officc is giv¢D on th¢ tharity infonnohon pasc of th¢9¢ fiDali] statcments. The nature of the charjty's opmtiorL8 princip adiTrities are to adVaX edwalion in the CTafi and h¢Til4¥e of dry Stone wtiuin Dry Stone WAllin8 AMoci10rt of 13rt•t Britsin meets the defthitiott of • public benefii ethity uDder FBS 102. Aisets and liabililies are inrtl8lly r¢¢o8tii8¢d at histtiricJ cost or trnnstietion yah unless titheTWiS¢ Stated in the rtlevAlht accountin8 policy noits. The o¢¢OUtits are presented in 81¢r1% which is the ftiOl cwren¢y of the Cknrity 8nd round¢d to th¢ nearest GolDI nCen1 The mLSt¢es consider that there are no m•teri41 y¢rflillu abo th¢ ¢hWi$ 8bilTty ¢0 CQDlinu¢ wa a going concem. Voluntsry iti¢ome includiti8 donatiotss. gifts. le88¢ies arml grants thit pyovide core 01 8re of ) geDer81 ture is rteogtiised when the clwity has ettiitlemettt ¢0 the itKOtthe, li ts probable the income will be rKeived and the amounl b¢ musur¢d with surrici¢DI t¢liability. l)onations and 1¢88ciu ate recols¢d OD a re¢¢ivabie b•sis when receipt li prob•bl¢ wrd the mnt ehtt be reliably TraAe Gr•nts ytceib4e Grants hre recognised when the eharity an eniidemeni to the ffijb and Any condtti¢)ns linkcd to the grants have b¢¢n Wher¢ perfonnarKe ¢onditioo8 •r¢ 4tta¢h¢d to th¢ gr8nt are yth to be nt. the Aticotne is tecogni8ed as a liability gTrJ irhed OD the onCe sh¢¢i os deferred iOrn¢ to be rel¢8sed. Gifts in knd dollated for resale are incIJed ai fair value, being the expecd proceeds from s¢ less the eXpI¢d ¢osls of sal¢. ¢stiw*tin8 th¢ faiT value 1$ practi¢able rweipt it is recogni5ed iti Stock #nd 'In¢ome ftom h¢r trading activiiie$'. Upon sale, the value of the stock is clwrg¢d a8atnst 'lncome from other traditig activities. and the procttd5 gre rec4)gmscd as 'bKotne from other tradmg ftctivities.. MTrre it is impracti¢8ble to fair vahJ¢ th¢ items due to the Vol of low value lten th¢y ar¢ Dot rec0lsCd in financial stateMts Until they aTe sold. This income is tt¢01$ed withi.n 'I]h¢On frorn otber tsydiag activiiies.. P•8¢ 11
Dry Stone Walling Association of Great Brlt#l otes to thc FIDan¢1 Statements for the Ye2r Ended 31 August 2024 (coDtiDued) Doted fa¢ilits"es and dth)•ted prof$10Tl s¢ryitt$ are r¢¢o8wsed in irKom¢ at thmr fair value wben tbeir etOTLomie benefit is probable. it CAll be measuted ffliabty the ¢lwity bas control over the item. Fair value is detertnined on tbe S1$ of the value of the 'fi lo the clmtity. For exaDwl¢ the amount the charity would be illin8 tD pay in the opEn for sh faci]ilies seNic¢s. A ¢oTTewnthng amowit is rewgnised in expendibjre. F.IpeThdltsr¢ All expenditure is recoBnised once there 1$ a le8al or ¢onstnKuv¢ obligation expenditiwe, it IB probable aettlemcnt is rcquircd and thc omDUDt can bc tnca5UTrd rtli8bty. Ail c0519 aTe a110¢oted to th¢ •ppli¢8ble ¢xpenditure headin8 that aEgre8ate similar costs ty that catcgory. Whcrr CO car1 be dillY attributed to Pgrticular headin8s thty have lllocated on i b1$ cornrri$tent with the use of resour6. wqth ceJThl 8talT Costs allocated on the basis of time spenl. and depreciation cbaryes ots the portion of the a$8¢1'9 UK. Other Support co¥t¥ gr¢ ailwted bAxd on th¢ spt¢ad olsthff ¢osls Charit8bl¢ expeDth'ture eortyri5e5 those costs incurteA by the tharity in the delivery of its a¢tiviti¢s And Krvice5 for its ben¢lici8ri¢5. 11 IludeS both costs that ¢an b¢ allouled diTrLtty 10 ]eh actsvitte$ aThJ thos¢ costs of 8D indirert matwe to Support thenL Gmnlprovljl ProviJioTbS for grant5 are Ttmde when the inienlion lo make & 31 has been ¢ommuni¢at¢d to th¢ rKtpi¢nt but there is uncertainty about either the tirnin8 of the srant or the olsrattt payable. Governinct Colts Th¢se irKlwl¢ th¢ ¢osts attributable lo Ihe charity'$ with ¢onstirutional and Sthtory Tequtrements, includin8 audii, 9trgtC8J¢ trust¢ rneetings and reimbursed expeni. Governmeffjt zrYtts Government grants are rec08nis on the accruttl TNhkl lte Meas at ihc fair vthlue of thc ussel received or Tec¢iv&ble. Grants are classified as rel•un8 either io rryenue or to Aiiets. Grts reliin8 to revenue are reco8nised in income ovtt the period in wthich the relad ¢o$ts are T¢cognisvJ. (ir4nLS relaling to &%sets are t¢¢ognised ov¢r the expectrd usefid life of the asset. Wbcre part of i grarf relatin8 to an asset is deferred ll is reco8nised as deferred llKome. Tx*tio Thc charity is nsidered to pass the iests sd 0 in Paragraph I 6 of th¢ Finane¢ Aei 2010 and therefore it meets the definition of a charitablc COmP•Dy for UK corporntson thx purposes. A¢¢01n81y, the charity 18 pol¢nlially exempt from tsxation in r¢specl of Inrne or capitsl 8ain5 receiyed within categotic3 co)'cred by Chwptcr 3 Part I l of thc Corporation Tu Art 20IO or S¢clion 256 of the Taxation of Chargcablc Gain$ Art 1992. to the extent th&1 sh income or 8aiffj are in)lied l1velY to ¢hAn"tsbl¢ purpo%s. Tatsglbie fixed ets IDdiYirknl fixed w¢ts co#inB £250.00 or mor¢ aTe inilialty recorded at COSt. Pw12
Dry Stone Walling Association of Great Britain ote8 to tht Financial Stxt¢rnents for the YtAr Ended 31 August 2024 (continued) DtpretltloD #Dd D¢pre¢iaiion is prtsvided on red aysets 80 as lo write otT the c[ OT yu&ll0 less any es[imaa re8idual vAlu< over their usefill eco01¢ life a9 followa". Aiset ¢lsJ FixDJres, fiNinBa and equipmt D¢pr¢ti•¢lo• meihod Wbd r•1• 159h rething bttlttttee ReRrf h ind dtvelopmemt R¢5earch and develop11( expditure is written off as iDcuThed. Current iiel lllvutnbtDts Current a&et inv¢sthxDts aT¢ iD¢lud¢d at th¢ low of ¢0st net w11ble volue l Dwk¢t value. Sto¢k Stocks are 5tal¢d at the luw¢r of aThl ¢slimyd g¢11in8 pri¢¢ 1¢86 cos18 lo wnwl¢t¢ and Kll. Cost irKludc$ all osi8 of purchase, costs of conversion and other costs incurred in brit)gih8 Èloek ILI pr¢seni location and condition. Cost 18 ¢alculat¢d usin8 the first-in. fLrst-ouI fomwla. Provision 1$ nk8de for dama8ed, obsol¢te and
loW-nVIng stock wlwt apFffopriat¢.
Trode debto Debtors gnd ct¢ditOTS with no 3tsted inter¢5t rate ard Tr£eiv8bl¢ or pwblc ?h1 one 4Te rewrdpa At tr•nwtion pnc¢. Any10sge$ 4risin8 from are Tecogni8ed in expenditure. Caih and equ1ventt Cash and cash ¢quivalent$ comprise cash on hand and ¢all d¢p06its, and other shon-tern? highly liquid inv¢$tments that arc r¢•dily conv¢rtibl¢ lo a known of cwh arc subjeet to an I1lfiCant risk of Chge in value. Trdt credltors Trnde credi¢or5 arc obli8atioJis lo pay for or servicts tbat havc been acquircd in the orthnary courae of busines5 frorn Suppliers. Accounts payable aTe classified curreni liabiliues if th¢ ¢hariry does not have an wironditional ri8ht. at the eTrJ of the reportW8 penod, to def¢r sdtlemew of the uediior for ai least twelve mollth$ ofier the reIll dte. If there is an Ull¢onth¢loJ ngkn io defer lll¢ment fot at least twrlye ny)nths' Trode creditor$ are T£sn15¢d initiilly at tians•¢tion pr¢ and subseqlY metsured Ht tiSed ¢ost siD8 the effective inlerESt rneW. d strurtir¢ Unrestrict¢d income funds 4r¢ 8eDual funds thai ar¢ •v4ilabl¢ for we •t the tThstees dixretiOD in furth¢ranc¢ of objcrtiVC5 of th¢ cknrity. R¢51ri¢ted in¢ome hmds are those donatrAI for use in a pani¢uiar or for SIfiC pwposes, the u8e of which 1$ restri¢red io thai area or p$t. Branch fimds arc scpaAtcd in thc accounts thcy arr Tt Teadily acccMble by the centrDI officc ind are eontrolled by the branch ¢ornmittee$. Page 13
Dry Stone Walling AssodAtioD of Great BritaiD otes to the Flnanelal Statements for Ibe Year Ended 31 Angll$t 2024 {eontlnued) Clthsslfvaiion Financial assets r]nawial ]i8bilitic5 ate T08]5¢a wln ¢kniiy be¢ottY$ 8 party to the contractyal piovisioJJs of the instru1. Financial liabilÈti¢s and equity in¥tnEts ¢l&vifia accordin8 tr¥ the substare of the contro¢tual arrgeMentS cntereA1 inio. An equity instrrni is contra¢1 thai ¢vid¢rKu a [¢$ithl interest in the assets of the ¢h8riry afterdedwiin8 ail of its liabilitie5. i rinaDcial asgets and liabilhties are initially me&wred at transaction price (including transaction Costs), except for those fml181 8Sg¢L8 ¢185sified as 4t fair Val through proflt or loss. which are initially mtasured at flir valu¢ (thich 1$ nonMlly the tr8n58rtion pri¢e exch18 trottwtion ¢05ts1. wjjess thc arrangement eonstimtes fmncing tran$Ktion. If an arTInment ¢oDstityt¢$ a fuwKin8 tr•nBactLO the financi8] 8s5Ct or fina1 liability i$ tneasured ai the prese 1¢ of the p•ymerJrs discowited at a market ra of interest for $imilar d¢bt instrumejit. Financial 8ssei$ ond liabiliti¢$ ar¢ only offsrt in the stst¢uMI of fJnwKial w)SiiiOA wbeN and only when there exi$is a le8Ally ¢nf¢)r¢¢abl¢ ri8ht lo s¢1 off the r¢w8Dis¢d aThUnts and the ehan'ty I¢llds either to 8ettl¢ on a net basis, or to re1 thc osKi and settl¢ thc liablty simulwwoysly. FiTwKial art der¢COld wh¢n only kn al the contrad1 rits to the cash flowi from the rinancial ll55¢t CXPlTe or are 5ciile4 b} thc chariiy tnnsfen io another party subswxially all of the ri8ks and rewards of oWnerth of the financial u9cL or c) the charity, despiie hving r¢win¢d som¢. but nol 411. si&nifieant risks Ind rewArd8 of owrtership, has trsferred eontrol of the assrf io another party. FinAlI1 liabiliti 8Te d¢reLd only Twben ¢)bligAIM splfiel in the ¢oDtrad is dixbS, cancelled or expires. 2 Income and Uorestrleted funds G¢ntr*l Reth4rte4J BrAn¢h fuTrdJ Toi 2024 DDnatiott8 and le8icie8' Don8¢ions Gift Aid rttl4jnd Grarns. iticludin8 eapitsl 8ran (tovernnxnt grAn15 Grants from other cb8rities Grant5 rc¢eived by brnKbes SubKriptsoDS 3.998 8,802 8,513 12.511 8,802 17.550 15.( 17,550 Is,1) 400 63.J71 63,371 76.171 32,550 8,913 17,634 Pw14
Dry Slone Walllng Asso¢i4tlon ofGreat Brltal l%otes th thc Financial Sttennts for the Ye•r Ended 31 Augu$l 2024 {¢ontinued) UDrestrleted Dds GeDeril Restrlrttd nds Brtteb fu1 Total 2023 DoMtion5 and lewies" Donations Gift aid reclaimcd Grants. including capital grants: Grallts from other ch8rili¢s CJranLq rettived by braKhes Subxripri0th8 1.987 8.934 4,022 8.934 25.( 25.0(K> 3,694 61.538 3.694 105.175 3 Ie0 from tharltlblt Acdvltl UnrI¢l¢ nds Gen¢r•l Br*nth Totlll 2024 Certificati£ fc Trainin8 DeDwITations Bran¢h proj¢ds 8rMJ events 54,265 46,866 54.265 125.731 1,045 78,865 1.045 89.361 190492 UDrestrltted Rethlt¢ed fymds Brioeh Totil 2023 Ceo¢r C.ertifKatiott fees TT4ining Demonstratio Pcndlc Hill Brpn¢b projects atHI ¢vents HLF Greett Recovery Challenge 34,844 119.856 600 3.974 12.025 31824 87.032 41x1 3.574 12.025 49,850 99,657 223 149 Page IS
Dry Stone Walllng AJso¢lathiD of Great Britain Notes to the Finan¢i21 Statenbenls for the Yev Ended 31 Augu$t 2024 {CODtiDued) 4 l•¢ome from othv tr•diNg ¢tiviti¢s UyJreslYi¢led furtd5 Gener] Brllleb fun TotAI 2024 TFadin8 itiCOn: e8 of goods othcr serviecs Sponsorship Incon Lottcrics and comp¢tttion¥ iwome 6,980 2.634 i(x) 9,614 100 693 693 7,673 Unrutrleted fuDds Coneral TotAI 2023 Trading in¢orne,' SAIc5 of goods and othcr services IK&tt¢Ti¢s and ¢ompetitLQlkl iIicome 10,389 491 2,642 13,031 491 S IDV¢•tullt ID¢OIII¢ Brntt¢h Totil 2024 Interest Textivable Simil iiicome: Interesi rettivable on bank deposits 800 8(KJ 800 Braoeh IIiDdi TotAI 2023 Interest receiwablc and similar in¢om¢' Int¢r¢st receivabl¢ on bank deposi1$ 332 332 332 332 6 Other In¢oJ Brlneh funds TotRI 2024 Other brnnch in¢ort 1,661 1,661 Pw16
Dry StODe Walling knociation of Great Brttain otes to the FiDancial Statements for the Year Ended 31 August 2024 (continued) Br#llth TotAI 2023 Other branch iDcome 3,168 3,168 7 Exptnditllre oll eh#rltble ¢tivlti Unrestrkled fwi General BrADth Total 2024 funds Awprds and demoJutrAuon8 C¢rtifi¢aiion s¢h¢m¢ Training Leatlets. joumais thd¥crtiSilh Pwch8se$ tsf 8ood8 for resale (adj for stock) R¢strictcd projects (8¢¢ fvDds note) BTAnch equiprr¢ni 4dverri8ing aThl ev¢n 17.707 17,707 49.748 63,548 4,898 49.748 22,171 4.898 41,377 7.192 929 8,121 24217 24217 19.811 3.379 5.318 4,025 BTon¢h donation8 Other bfh costs GoyernAe C(*ts W8ges And saltrie8 Rent and rates Office m8inlenance ODd coniracts Insurance Sthtiotw, ielephonr ADd PD5ta¥c Bank ¢hargeA fj¢nml trwvcl ¢XWL D¢pre¢ialion 3.379 5.318 12.685 62.775 9.602 5.891 2,683 5,561 3,926 207 62,775 5.891 2.683 SJ61 3,720 207 1.887 2C 184.995 24217 92,752 301.964 Page 17
Dry Stone Wlllllg AMocitioD of Great Britain Note5 to the Financial Statements for the Year Ended 31 August 2024 (CODtinued) funds General Rejtrlcted dx Brlleh Total 21123 ANrds and demott8ttation8 Certifhcation 5cherne Tr8inin8 t£aflets. journals and adv¢rtisin8 Purch4%$ of goods for resale (adj for stock) Restrickd projectx Isce funds note) Brorteh equipTfnC adverti8in8 events 293 19,674 15,966 10,822 7.266 7.559 19,674 56.295 10.822 40.329 8.888 1.805 10.693 57.231 57.231 15.667 2,156 5,643 15,667 2,156 5.643 16,344 60,994 1,914 9,694 5,373 2,324 8.841 3,180 Br8h donations Oth¢r br8rKh ¢osts Go¥*¢¢ w¥is Wa8¢8 and s•lari•8 Frcelancc TEC athd Lkvclopwt Rent Taiei Offirx ]ntenance sryl wntracts Insuran¢¢ Srolionery, t¢lepboD¢ ood posts¥e Bank ch4T8es Gener81 Ve] expetyes DePrjAtIOn 13.354 41.435 1,914 9,694 SJ73 2J24 8.841 2.945 19.559 235 296 725 Page 18
Dry Stone Walling AsJoci*tiOD of Greal Britain Note5 to the Finan¢lAI Ststements for the Year Ended 31 August 2024 (Continued> Aetivity wid¢rtAkeD Aelfvlty g¥pport rtty 2024 AwArd& events and deIDstratIon$ Certi4110 scheme TTatnin8 Leane1& journals WMI advcrtising Purchwxs of good5 for resÉ1¢ Re5triGtcd projects Isce not¢) Branch equipmen( adv¢rti$in8 atwl ¢veAts Branch donations Othcr branch co Governa1 ¢08ts was and &#larie8 Renl and r8kJ Office m&iDtcnane¢ BDd CODtrart8 IJL8urADce Stationery, tel¢phoDe and po$i88e B¥nk ¢har8 General tr•vel expenses D¢pre¢ialion 17.707 49.748 63.548 4.898 8.121 24.217 19.811 3.379 5J18 17,707 49,748 63.548 4.898 8.121 24217 19.811 3 J79 SJ18 12.685 62,775 9,602 5.891 2.683 5.561 3.926 207 12,68S 62.775 9,602 5,891 2,683 5.561 3.926 207 105 217 Py19
Dry Stone Walllng Asso¢lxtioD of Gret Britain Notes to the statellnts for tbe Year Ended 31 Avgust 2024 (continued) A¢tiwity undert&k¢n dlr¢¢Oy A¢tsvity pport eirfts 2023 7,559 19,674 56,295 10,822 10.693 57231 15,667 2,156 8,633 7,559 19.674 56,295 10,822 10.693 57231 15.667 2,156 8,633 13.354 60.994 1,914 9.694 5,373 2.324 8.841 3,180 99 2222 C¢rlifiI10n Trainin8 i£afl¢i$, journals and advenisitig Pwchases of gth)th for r¢Mle Restri¢ied projeci${see fuTth notc) Branch cquipmenL advertisin8 aThl events BTanch donBtions Other branch costs CrfjvernaC ¢osts W4gcs 8Th1 $018Ties Fr¢elan¢¢ TEC and DevelopTttni Reni and rnies OtTi¢e mailltenattce e4)ntrX 13,354 41,435 19.559 1.914 9,694 SJ73 2J24 8,841 3,180 Srationery. ielepknne 8Dd W¥g¢ Bank ¢hrg¢s General trav¢1 ¢xpense$ Depre¢i•lion 2.222 210203 86,522 296,725 8 Anilyth of vean¢t ADd •wbpDrt ¢fjsts Governince colts Unrestritt¢d d$ Gtntrl Restrlcted TotAI 21124 lThlepcndeNI examincr fccs Examination of the financial Other fe¢5 P8id to fxainin Tn]$tee8 remunerdtioD a1 ¢xpeD8es l£Bal fees Treasur&8 ftc5 C05t of tAtErs. Tneetiw and AGM 3205 703 1.565 3.203 703 1.565 692 2,180 315 2.180 315 Py20
Dry Stone Wlling As$o¢ition of Great Britsin Notrs to the Financial StateDnts for the Year Ended 31 Augu$t 2024 {¢ontlnued) Urutrktsd Total 2023 Independ1 cxaminer ftts Examination of the firAwial slat¢menis Other fccs paid to ¢xamioe 3.383 3.383 686 2,020 .639 4,337 1289 13,354 2,020 1,639 4,337 1.289 L¢gal fees Tr¢osurerfs fees Cosi oftrusie¢s' nvlin88 and AGM 13.354 9 lDtonTr1n0irtgoIng rewurces Nei Inconn8 resources lor thc yCBr inclth.. 2024 2023 DwKi¥lion offixcd Assets 1887 22 IQ Trusttts reerstOo •nd txpew Durin8 the y¢or the ¢knrity made the followin8 tructio with tr1¢.. T BIAekwtll T Bla¢kivell rettived Examiner f¢ewlnstrpx¢or Trniniti8 Tutor CO of £1.711 (2023.. £Nil) and £48 {2023.. £IOOl of cxpcnses were reimbwsed io T Blaekiyell during the year. B Hrtl¢y £19612023.. £438) of ¢xpMxs w¢r¢ reimbursed B Ilartky thIn0 the ytsr. P CIAyt• £Nil12023.. £636) ofexp¢Ds¢¥ w¢r¢ r¢io*urxd P Cknywn thwing the . P lihtrwood P lthenvoud rec¢iv Ex•min¢r Trainin8 TuroT CO8t8 of£6,133 {2023: £3,063) during the year. A Loud• A tA)udon received Examin¢T reInStrlOr Training Tu1 costs of £11310 (2023.. £10,833) llnd £457 (2023.. £457) of ¢xp¢n8cs wer¢ reitnbursed kn A Loth durin8 the y. J Tiyior £149 (2023.. £300) of exp¢nse8 were Yeirnbwscd to J Taylor during thE yt4r. L Nfjbl¢ L Nobl¢ Te¢eived Examiner fe¢¥AnsknJor Trnining Tutor clts of £2.610 {2023.. £Niil and £228 (2023: £89) of exn8¢S were reimbw5cd to L Noblc durin8 the year. C Yoble C Noble reccivcd Examiner feeskntor TraiDiD8 TutOT ¢OSts of £2,184 (2023.. £405) during th¢ y¢Ar. J Gwlllllm £459 {2023: £Nil) of¢xpeJLS¢S were reimbvrsed to J Gwill1 dwing the year. B Martindalt £82 (2023: £Nil} of expenses wtte reItn lo B during the . Page21
Dry Stone W211ing AssotlAilon of Great Britain Notss to tbe Fin#Dcial Statements for the Year Ended 31 August 2024 (¢oDthiued) No tNst¢es h&ve Tee¢ived any other benefits fTQTn th¢ ckniry thriug the year. The ire&wrer, tho is not fornlIy a ttu8ttt. is a frttJarKe conWIta aNI received £2,180 {2023 - £3,461) for ting as treasurer 4nd £1,036 (2023 - £3.5181 for th¢ Tol¢ of freelgwx Training & Educatiott CoordinatOT and assistanc¢ on restricted proje¢is. 11 Staff costl Th¢ ag8r¢gale p8ymll costs wre u lollowl.. 2024 2023 Staff eosts durkng tb¢ year were: Wages and salarie8 PeTh8iOn eoits 61.777 998 60.594 41 The monthly av•rn8e nurnber of li1]ng senior mana8eftt I ltsdernhip It} employd by the harity during the ycar expressed as ] lime equivalents was &$ follow5.. 2(124 2023 Administrahen Projea c08ts 212023- 1) of the atr#)ve ewgoloyeu partA¢ipated in the D¢fw¢d CoDtribution Pen¥ion S¢hemes. Cotltributions to th¢ ¢rllployc¢ peNion heMeS for th¢ yur ts)t8llel £998 {2023- £934). No employee teccivcd c[lMentS of thaD £60.<KrfI thring the r The total en4)loyee Ixn¢fits of the kty Malla1 personnel of the chtirity We £53,998 (2023- fA5,961). 12 Taxxtlo The chmrity is a registered ¢EIty and 1$ thetefor¢ ¢xeJllpt ftom ¥xi¢Jn. Page 22
Dry Stone Walling knociation of Great Brltaln Ilotes to the Flnancial stateDnts for the Year Ended 31 August 2024 (tontinued) 13 Tinlible flxed Auets Furnlturt #ttd equipnnt Tot1 Coit At I Semember 2023 31,666 31,666 At 31 AuBUSt 2024 31.666 31.666 DtprtclAlltyn Ai I September 2023 Ch¢ for the year At 31 Augum 2024 19,076 1.887 19,076 20.963 book wal¢ At 31 Auguth 2024 At 31 Au8wI 2023 10.703 14 Stock 2024 2023 FiTJiJhed goodg 12,166 13.473 IS Debtors 1024 2023 Trade debtors Accrued incotne 777 3,330 16 Brineh bank *tttsunts 2024 2023 Balanccs held by branches that ¥Te readily available to the ptttent charity 180 555 P¥g¢ 23
Dry Stone Walling AssocialiDD of Great Britain Notes to the Financial StatrDDts for the Year Ended 31 At 2024 {CODtIDued) 17 Crediton: MmouDts fallkng dDt withln ovle ymr 2024 2023 Trade creth.tors Other ttiOts &)cial security Acw]s 5.077 2.223 3,421 10,721 4,563 906 16,620 Balnte 1 I Septtnther R¢wur¢ 2023 expeDded TrMftr• BlAn¢e •¢ 31 AuRllit 2024 Lnr¢rtri¢t¢d fun G¢Kero1 Gcn¢Tal unr¢stri¢d funds 231J65 164.476 {174,073) 8.864 230,832 DeslzMale4 Awards fund Op¢rnting reoerv¢ 80.1 20,OIy) 20,0 100,oco 105,0 85,(XX) Total UDrestrlcted funth 316.565 164.476 174.073 28,864 335,832 Reitrlcied funds Ixga¢y for dry stone waUxD8 in thc Durham area National Grid Training Aid ETrt c.ook Tru MDSW Grt 40,0¥8 8,324 12.782 (386) (2.466) 39.7U2 5,858 12.782 17.406 Is,0 l7.550 (1,234) (20,131 Toll re¥trkted fwnth 64.834 32J50 {24217) 73.167 Br#tsth Branch funds 179,812 92,752 28,864 Tot1 561311 301270 291,042 571.439 Page 24
Dry Stone Walllng Association of Great Brhtgln Notes to the Finan¢i41 Statements for tbe Year Ended 31 August 2024 (tontlDued) BlDte At I S¢pt¢mber In¢omlD8 Rewurf 2022 rewuYee8 txpeuded B•l•n¢e it 31 Alrt 2023 Transfen Genernl Genernl unreMNted fithds 199.872 153.407 (143,844) 22.130 231.565 Awards fiu Op¢rating reserve 70.IKK) iO,IM)O 80.0 75, lo,)0 85.000 Tot1 uDrethte¢ed fundi 274.872 143.844 32,130 316.565 Retht¢d LzBa¢y for dry stone walling 40,088 40.088 8J24 National (3rid Pendle Hill PCF 8teppin8 Stone5 2019 Trainin8 ¥id DEFRA Green Recov¢ry Challenge Fund ( Rural Skills Hub) Ernest Cook Trnst 10.c(M) 3,574 {1.676) 15.050) (653) 5.410 4.034 (3,9341 (3,381) 12,782 12,782 13,668 49,850 158,051) 11.360 (5,467) Total reitrltted (uudl 63.2fy) 78.424 (76,7W) 64,834 Bran¢h fuDdJ Branch funds 174.518 76.091 179 812 Toll fundi 561211 Pag¢ 25
Dry Stone Walllng AS1(1¢10n of Great Brft21n Notss to the Ffinanelal Ststements for the Year Ended 31 Allgusl 2024 {continued) The spe¢ific pwposes foT which the fiuH15 ateto bc applied art #s follow5: DSWA Lontinues to Work cxternai or8aniJthons to de]iveT wjects align with Cbarity's objcclivcs. Grant fvnding from Th¢ Earnest Cook Tn is w bc u8e41 specifiully for the ttcnJithnt attd knining of pprentihip8 for YOW p¢rwM to be menred by Mther Crallmwi with B view to achieving C.raft5man C¢rtifi¢•tion qualifatiOnS ai im]s l #nd 2. Thr Gwrhyd MouDI8iD Stone Feth'val project run by the DSWA Wales BraDch Succefi]Ity applied for 8T8nt fiuMlin8 from Ncath Port Talbot Counry Borough Council to deliver a proje¢t to itxlud¢ 8 F¢$tsva] of Sione, incorporAting dry sione wailin8 trainin8 atbj wnwitlOD thther with fvtur¢ opporttint11¢5 for dry Mone walling quilificatsolls. Thanks to O Brant from th¢ N41i(wl Gri41 Sowh We# BTwKh hiv¢ a8$iSted i number of members to Bain quaiifications. R¢5idual fiuy15 from prcviou¥ prtiiects have been transfeTrtd to the Tninin8 Aeeount to young peopl¢ Wld stru88le io finance their trainin8 and gualiftcatioDs. Th¢ Dyrhim le¢Y waj T)y¢d frnm • lady vtho rnigT8d w Australia in the late 1950J, h&wng been brought in DurhanL The funds are ¢0 used for dry $lone wallin8 in the Durt)am ar¢o. The AsSl8t10Th is coNidering how to a¢hi¢v¢ maximum benefit with these funds •Dd comply with the leBa¢y. There are cwrenily plons to liaise other proje¢ts in the Durh te4 10 promoie the ¢rafi ofdry sione llitt. L5 no timc limil on USiD8 Ihe le8a¢y. 19 AnAiyili of•et Asiets behvtttt fulldl Toll furtdl #t 31 August 2024 GetteTJ Rrf¢rkt¢d T8tt8ible fixed asse 10,703 4232gYI 10,721 10,703 571.457 10,721 75.( 73.167 Cury¢nt liabditi¢s TO ne¢ 09sets 423272 75,(KlO 73,167 571,439 Unrmtrkted Totsl fund8 t31 Augwt 2023 BrA*ch Gtnerlll DulKnated RestrlEted TanBible fixed Currcni Current liabilities 12.59x1 245,595 (16.620) 12.590 565241 (16.620} 75.( 64.834 179,812 Total 241,565 75,( 64,834 179,812 561.211 P•g¢ 26
Dry Stone Walling Asiociation of Great Britain Note4 to the FInan¢1 Statements for the Year Ended 31 August 2024 (continued> 20 Rel#ted party tranJ*ctiomJ TheTC w¢rr no latro party ID the ye4r. Page 27