ANNUAL REPORT & ACCOUNTS THE DANSKE BANK EMPLOYEES. CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 Contents Reference and Administrative Information Annual Report of Committee Chairperson's Message Independent Examiner's Report Ststement of Receipts and Payments ststements of Assets and Liabilities Notes to the Accounts How to Become a Member or Amend your Donation 10 Application Form
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 Reference and Administrative Information Enquirlas and requests for donations Hon Secretary Danske Bank Employees, Charity Group o Danske Bank Small Business Support Team Killeaton House 41 Mosside Road Derriaghy Belfast BT17 9HH Bankers Danske Bank Donegall Square West Belfast Independent Examlner8 HM Chartered Accountants HMRC reference number Accepted as a charity by HM Revenue & Customs under reference XT12554 Charfty Comml8slon for Nl Charity Commission Reference Number 102014 Charitie8 adviser Northem Ireland Council for Voluntary Action 61 Duncaim Gardens Belfast BT15 2GB
THE DANSKE BANK EMPLOYEE'S CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 Annual Report of Committee Tho Charity Group The Members of The Danske Bank Employees, Charity Group (formally The Northern Bank Employees, Charity Group) consist entirely of current and retired officials of Danske Bank. However the Group, which is accepted as a charity by HM Revenue & Customs, operates completely independently of the Bank. Members donale to a fund through the Give As You Eam Scheme and, while awaiting distribution, the fund attracts interest. Structure, Governan¢e and Management A Committee, elected by the Members, manages the fund by considering requests for donations, as well as by actively seeking out worthy causes to support. The current Committee, who are the Trustees of the charity, consists of.. Ambèr Law {Chairpersonl Chris Wynne (Assistant Chairperson) Ken Sullivan (Secretary) Richard Lapsley ff reasurarl Andrew Hunter Caroline O'Hagan Cheryl Kirk Jane Brown June Dundas Kevin McGovem Laura S8enan Samantha Rodriguez Tracey Weir Supporting the Committee Ken Sullivan. Honorary Secretary Richard Lapsley, Honorary TreaSur Objectlves and A¢tlvllle8 The objects of the Charity Group undertaken for the public benefft are the relief of poverty, the advancement of education and such other purposes benefiaal to the community as are recognised in law as wholly charitable. Flnanclal Revlow During the year 23 separate donations were made by the Charity Group, lotalling £57,273.32 Achievements and Perforniance The Charity Group has a broad remit and so the Committee was privileged and delighted during the year to grant donations to a wide variety of charities and good causes throughoul Northern Ireland. Plans for Future Periods The Charity Group intends to continue supporting a wide range of charities and good causes. including those smaller, lesser known groups working in local communities.
THE DANSKE BANK EMPLOYEE'S CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 Annual Report of Commlttee (continued) Pollcy on Re•erve• The Committee tt)nsiders It essential to ensure that there are always funds available to pay over any donations that hav8 bean mMItted arbd require prompt funding. Approved by tho Cofflfflltloe and 8igned on Its behalf by Amber Law Chairperwn
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 Chairperson's Message As we reflect on the year 2023, it is evident that, much like 2022, il has been a period filled with challenges for many individuals and charitable organisations throughout Northem Ireland. Despite these adversities, l am pleased to report that the Employees Charity Group has experienced one of its most successful years to date. This year, we have achieved a remarkable milestone by donating a total of £57,273 to 23 deserving charities. Since our inception in 1991, our cumulative contributions have now reached an impressive £1.290.807, benefiting 751 charities across the region. 11 is with immense pride that l acknowledge th8 significant impact our group has made to numerous commendable causes. In 2023, we have taken proactive steps to deepen our understanding of the tangible differences our contributions make. We met with several beneficiary charities, and each visit was a humbling experience that nol only reaffirmed the necessity of our charitablè group but also strengthened our Commitment to continue these engagements in the forthcoming year. We also adapted our approach in response to the growing reliance on food banks in Northem Ireland. In a heartfelt gesture of support during the festive season. we allocated special donations of £5.000 each to local food banks, Fare Share Nl and The Trussel Trust. These contributions were made on behalf of our generous donors. aimed at putting food on the tsbles of those most in need during these trying times. I would like lo extend my gratitude to Ken Sullivan Honorary Secretary, Richard Lapsléy Honorary Treasurer, Chris Wnne Deputy Chairperson. and all our dedicated Trustees for their invaluable conlributions throughout Ihe past year. Your unwavering dedication and effort have been pivot81 to our su¢xess. In conclusion, I sincerely thank each one of you-whether you are a current or former staff member for your conlinued support and generous donations. Your commitment has been instrumental in enabling us lo make a significant differen in 2023. Looking ahead to 2024, the committee is eager to build on this momentum and continue our mission of supporting ihose in need. Thank you for your continued trust and support.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DANSKE BANK EMPLOYEE'S CHARITY GROUP We report on the accounts of The Danske Bank Employees, Charity Group for the year ended 30 November 2023. which are set out on pages 7 to 11. 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 6512) of the Charities Act (Northern Ireland) 2CQ8 (the Charities Act) and that an independent examination is needed. It is our responsibility to.. examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008 to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act to state whether particular matters have come to my attention Basis of Independent Examiner'$ Report: W8 have éxaminèd your charity accounts as required und8r section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by Ihe Charity Commission for Northern Ireland under section 6519}Ib} of the Charities Act. Our examination included a review of the a¢counting records kept by the Charity and a Comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the arxounts, and seeking explanations from you as charity iruslees concerning any such matters. Our role is to state whether any material matters have come to our attention giving cause to believe.- 1. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That Ihe accounts do nol comply with the accounting requirements of Ihe Charities Acl 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent Examiner'8 Statement: We have completed our examination and have no concerns in respect ofthe matters (11 to14) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. HM Chartered Accountants Chartered Accountants and Registered Auditors 6th Floor East Tower Lanyon Plaza 8 Lanyon Place Belfast BT13LP Date: 3011012025
THE DANSKE BANK EMPLOYEES. CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 The Accounts STATEMENT OF RECEIPTS AND PAYMENTS Unrestricted Unrestricted Funds Funds 2023 2022 Recei Voluntary Receipts Contributions under the Grve As You Earn Scheme from current and retir8d officials of Danske Bank 38,756.00 32,097.50 Sundry Donation Interest Eamed.. Business Investment Account 152.70 Interest Eamed.. Current Account 7.11 Total receipts 38 915.81 32 103.96 Pa ments Cost of charltable actlvltles Payments {57,273.321 {58,944.00) Northern Ireland Council for Voluntary Action Membership Fee CAF Admin Costs (30.001 (30.00> {497.25) (320.98) Sundry Expenses (1.300.35) 1192.88) A¢¢ountants Fees Totsl payments 59 100.92 59 487.86 Net receiptsi(payments) (20,185.11) (27,383.90) RECONCILIATION OF FUNDS AT 30.11.23 Balance al start of year 35,624.44 63,008.34 Balance at end of year
THE DANSKE BANK EMPLOYEES. CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 8TATEMENT OF ASSETS AND LIABILITIES 2023 2022 CURRENT ASSETS AThnt owlng from Give As You Eam 3,112.18 75,3.43 Amount owiry from Bu8ine88 Imie8tment A¢¢ount 11,775.33 Cash at Bank 551.82 -39.378.99 A&yual$ ACCUMULA TED FUNDS General fund8 15,439.33 35.824.44 Designated fiJnd• Balanco at ond of year 2911012025 Approved by the Committee on .......................... and slgned on thelr behalfby: Rlchard Lapsley. Honorary Treasurer Amber Law. Chairperson
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 Notes to the Accounts Note 1- Basis of Preparation 1.1 The Accounts have been prepare(J in accordance with the Statement of Recommended Practice {SORP) 'Accounting and Reporting by Charities" effective January 2015. 1.2 The Accounts have been prepared on the receipts and payments basis. Note 2- Accountlng Pollcles Receipts Recognition of receipts These are included in the Statement of ReiptS and Payments when they have been paid to Give As You Eam by the individual Members. Payments and liabilities Liability recognition A liability is recognised as soon as the Committee agrees to make a donation. Governance costs The Committee considers rt essential to ensure Ihat there are always funds available to pay over any donations Ihal have been committed and require prompt funding. Note 3- Dobtors and Prepayments An amount of £3,112.18 is owing from Give As You Eam in respect of November 2023. An amount of £11,775.33 is owing from Business Investment Account in respect of November 2023. Nots 4 - Transactlons wlth related partles There were no transactions with related parties in the Curn1 or previous financial year. Note 5 - Fund8 reserved for payment
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2023 How to Become a Member or Amend your Donation The Charity Group is always on the look-out for new Members. If you would like to join, or amend your existing donation. simply complete the application form on the next page and send it to the address below. Your monthly donation will be deducted automatically from your salary or pension. It's as simple as that. The Secretary The Danske Bank Employees, Charity Group clo Danske Bank Small Business Support Team Killeaton House 41 Mosside Road Derriaghy Belfast BT17 9HH Remember, if you are a basic rale taxpayer donating, for example, £10 each month, il will cost you only £8.00, because the taxman won't take the £2.00 you would normally have to pay him. Donations cost even less for higher rale taxpayers. More infomiation about the Charity Group can be obtained from.. any Committee Member Richard Lapsley, Treasurer Ken Sullivan, Secretary 10
APPLICATION FORM GIVE AS YOU EARN THE DANSKE BANK EMPLOYEES. CHARITY GROUP TAX FREE DONATIONS A donation of £10 per month will Gost a basic rale taxpayer only £8.00 per month (Higher rate taxpayers receive relief at the higher rate) Complete the details below and send to= The Secretary, The Danske Bank Employees, Charity Group, cjo Danske Bank, Small Business Support Team, Killeaton House, 41 Miosside Road .Derriaghy. Belfast BT17 9HH. I wish to donate lo The Danske Bank Employees, Charity Group from my salarylpension (delete as appropriatel each pay day the sum of £................. New donation Amendment to existing donation Signed Name StafflPension No {from your payslip) BranchlDepartmenVBusiness Unit