THE PUBLIC PURPOSE SHARE OF THE DARTMOUTH TRUST
THE ANNUAL REPORT OF THE TRUSTEE FOR THE YEAR ENDED 31 MARCH 2024
One sixth of the yearly income of the Dartmouth Trust is administered and managed, as a separate charity under the above title, and Dartmouth Town Council is Trustee of that charity.
The monies applied by the Town Council are for the general benefit of the inhabitants of Dartmouth as the Town Council thinks fit, and is therefore administered in accordance with the terms set out in clause 28(3) of the scheme and with the requirements of charity law.
The Council has incurred expenditure this year to the value of £153,016.67 (2023 – £146,016.19)
To this end therefore, the sum of £196,704.31
(2023 - £250,404.98) has not been spent and is held in abeyance.
Mrs C Pritchard -Williams Clerk to the Public Purpose Share of Dartmouth Trust And for and on behalf of Dartmouth Town Council
10[th] September 2024
Dartmouth Trust- Public Purposes Appropriaton
Financial Statement of Accounts from 1st April 2023 to 31st March 2024
| From Dartmouth Trust 18/10/2023 From Dartmouth Trust15/03/2024 |
Income £ 42,366.00 Transfer of Funds 2022-2023 to DTC 29/09/2023 56,950.00 Bank Charges 30/11/2023 |
Ch No DD |
Expenditure £ 153,016.32 0.35 |
|---|---|---|---|
| Total Income Balance of funds b/f Income Expenditure Balance of funds c/f AJ McGrigor -03/04/2023 |
99,316.00 Total Expenditure 250,404.98 99,316.00 Current Account as at 31.03.2024 -153,016.67 196,704.31 correct as 28.3.23. this is last bank statement of the year. Opening Balance from last year |
153,016.67 |
|---|---|---|
| 196,704.31 | ||
| 196,704.31 | ||
The Public Purposes Share of the Dartmouth Trust Charty number 800243 Accounts for the year ended 31st March 2024 Trustee: Dartmouth Town Council Address: clo Dartmouth Town Council The Guildhall Victoria Road Dartmouth TQ6 9RY
Governing Document Charitable Scheme of the 28th March 1988. Objectives of the Trust For such Chitable purposes for the general benefit of the inhabitants of Dartmouth as the Trustee thinks fit. Summary of the main activities of the charity during the year The income of the Trust for the year amounted to £99,316 (2023: £119,972). The expenditure of the Trust for the year amounted to £150,552 (2023.. £153.016).
The Public Purposes Share of the Dartmouth Trust Accounts for the year ended 31st March 2024 Income and Expenditure account: General Fund 2024 2023 Income Appropriation - Dartmouth Trust 99,316 119,972 Total income 31 Expenditure Propety maintenance Parks and Open Spaces Grants 74,459 36,093 40,000 16,708 57,394 78,917 Total expenditure 150 Net incomel(expenditure) for the year Note.. Expenditure represents spending by Dartmouth Town Council which is lunded bygrant5 from the Public Purposes Share of the Dartmouih Twst. 2024 2023 Balance Sheet Llablllties Grant payable to Dartmouth Town Council 150,552 153,016 Total Liabilities Assets Bank-current Account 196,704 250.405 Total Assets Net Assets l Liabilities Reserves Approved by tho Trustees at a moetlng hold on . Slgned by Chair of tho meetlng .
Report to the trustees of The Publlc Purposes Share of the Dartmouth Trust on the accounts for the year ended 31st March 2024 I report to the trustees on my examination of the accounts of the above charity (llhe Trusr) for the year ended 31st March 2024 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 ACY). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examinalion, I have followed the applicable Directions given by the Charity Commission under section 145(5}(b) of the Act I have completed my examination. I confirm Ihat no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any materiaj respect: -accounting records were noi kept in accordance with section 130 of the Act or -the accounts do not accord wilh the accounting records I have no concerns and have come acTOSS no other matters in connection with the examinats'on to which attention should be drawn in order to enable a proper undersLqnding ofthe accounts to be reached. Signed: Kevin Rose ACMA Date: 23rd August 2024 IAC Audit and Consultancy Ltd 23 Westbury Road Yarnbrook Wiltshire BA14 6AG