## THE DUELL AND HAWES ADVANCEMENT IN LIFE CHARTIY **CHARITY NO. 307973** ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025 Independent Examiner's Report To The Trustee Of THE DUELL AND HAWES ADVANCEMENT IN LIFE CHARITY We report on the accounts of the Charity for the year ended 31st March 25, which are attached. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2001 (The Charities Act) and that an independent examination is needed. It is our responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity commissioners (under section 145(5)(b) of the Charities Act, and to state whether particular matters have to come to our attention. ## **Basis of independent examiner's report** Our examination was carried out in accordance with the General Direction given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts presents a 'true and fair' view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Charities Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. HK ACCOUNTAX LTD **CHARTERED CERTIFIED ACCOUNTANTS** ## **Date: 15/09/2025** THE DUELL AND HAWES ADVANCEMENT IN LIFE CHARTIY ## **BALANCE SHEET AT AT 31ST MARCH 25** **----- Start of picture text -----**
Investment 2025 2024
142,300.39 Income units Schroder Charity Equity Fund 673,650 649,032
-
55,947.84 Income uniits Schroder Charity Fixed Interst Fund
Aegon General Investment Account 76,975 74,683
750,625 723,715
Bank and Building Society Accounts
NatWest Bank 139,716 129,922
Creditors
Accruals (650) (600)
Total Assets 889,691 853,037
As at 01st April 2024 853,037 816,707
(Deficit)/Surplus for the Year 36,654 36,330
As at 31st March 2025 889,691 853,037
Approved by the Trustees on 15/09/2025
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## **C Thomson** THE DUELL AND HAWES ADVANCEMENT IN LIFE CHARTIY ## **Income & Expenditure Account Year Ended 31st March 2025** |**Particulars**
Dividend received on Investments
Grant
Expenses
Loss on disposal of investment
**Surplus of Income over Expenditure**
Unrealised (deficit)/surplus of Investments
(Deficit)/Surplus for Year|**2025**
**2024**
30,168
35,431
(19,750)
(16,400)
(674)
(624)
-
(1,863)
9,744
16,544
26,910
19,786
**36,654**
**36,330**| |---|---| ## **THE DUELL AND HAWES ADVANCEMENT IN LIFE CHARTIY** NOTES TO THE ACCOUNTS 31ST MARCH 2025 - 1 The Income from the investment in Schroder fund Decreased in the year from £35,431 to £30,168. - 2 Grant made in the year amounted to £19,750 compared to £16,400 in 2024. - 3 Expenses include accountancy charges of £650 (2024 : £624) for the current year. - 4 The Surplus for the year is £36,654 (2024 Surplus : £36,330). - 5 The value of the Schroder units as 31st March 2025 has Increased in the year by £24,618. The investment in AEGON has increased by £2,292 Overall, there is a Surplus on the value of investment held of £26,910. - 6 The value of the overall fund is Stands at £889,691 (2024 : £853,037). - 7 The total income of the fund continues to be sufficient to meet the current level of grants - made by the chartiy and the grants in the last three years have all been met from the income form the funds held.