ANNUAL REPORT & ACCOUNTS THE DANSKE BANK EMPLOYEES. CHARITY GROUP YEAR ENDED 30 NOVEMBER 2024
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2024 Contents Reference and Administrative Infonnation Annual Report of Committee Chairperson's Message Independent Examiner's Report Statement 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 2024 Reference and Administrative Information Enqulrles and requests for donations Hon Secretary Danske Bank Employaes, Charity Group clo Danske Bank Small Business Support Team Killeaton House 41 Mosside Road Derriaghy Belfast BT17 9HH Bankern Danske Bank Donegall Square West Belfast Independent Examinern HM Chartered Accountants HMRC referenco number Accepted as a charity by HM Revenue & Customs under reference XT12554 Charfty Commlsslon for Nl Charity Commission Referen Number 102014 Charltle8 advlser Northem Ireland Council for Voluntary Action 61 Duncaim Gardens Belfast BT15 2G8
THE DANSKE BANK EMPLOYEE'S CHARITY GROUP YEAR ENDED 30 NOVEMBER 2024 Annual Report of Committee The Charity Group The Members of The Danske Bank Employees, Charity Group (formally The Northern Bank Employees, Charity Group) consist entirely ofcurrenl and tired officials of Danske Bank. However the Group, which is accepted as a charity by HM Revenue & Customs, operates completely independently of the Bank. Members donate to a fund Ihrough Ihe Give As You Eam Scheme and, while awaiting distribution, the fund attracts interest. Structure, Governance and Management A Committee, elected by the Members, manages the fund by wnsidering requests for donations, as well as by actively seeking out worthy causes to support. The ¢urrent Committee, who are the Twstees of the charity, consists of.. Amber Law (Chairperson) Chris Wnne (Assistant Chairperson) Ken Sullivan (Secrelary) Richard Lapsley ff reasur8rl Andrew Hunter Caroline O'Hagan Cheryl Kirk Jane Brown June Dundas Kevin McGovem Laura Seenan Samantha Rodriguez Tracey Weir Supporting the Committee Ken Sullivan, Honorary Secretary Richard Lapsley, Honorary Treasurer Objectiv88 and Activitie8 The obj8Cts of the Charity Group undertak8n for the public b8n8fit ar8 the r81ief of poverty, the advanment of education and such other purposes benefiaal to the community as are recognised in law as wholly charitabl8. Financial Revièw During the year 18 separate donations were made by ihe Charity Group, tolalling £38,822.90 Achlovèments and Perfomance 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 throughout Northem Ireland. Plans for Future Perl¢xls 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 CHARrrY GROUP YEAR ENDED 30 NOVEMBER 2024 Annual Report of Committee (contlnued) Pollcy on Re8erve8 The Committee con8iders it essential to ensure that there are afvlays ndS avallable to Pay OV8r any donations that have been committed and require prompt funding. Approvod by the Commlttoe and •lgnod on Its behalf by Amber Lthv Chalrpgrson
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2024 Chairperson's Message As we close the year ending 30 November 2024, 1 am delighted to share that 2024 has been yet another successful year for the Employees Charity Group. We made 20 charitable donations, amounting to £38,823. Since our inception in 1991, we have distributed a total of £1,318,574 across 771 charitable requests, benefitting communities throughout Northern Ireland. In addition to our regular donations, we were pleased to gift each Women's Aid location £500 in December 2024, providing vital support to their on-the-ground efforts. This initiative totalled £4,500. A personal highlight for me in 2024 was volunteering with Fareshare Nl. Previously, we donated £5,000 to Fareshare to help tackle food poverty in Northern Ireland. Alongside four of our trustees, I spent a day in delivery vans witnessing the direct impact of our donations. It was truly eye-opening to see the diverse community needs, including schools, addiction centres, and food banks, all relying on charities like Fareshare. Our ability to make these contributions is thanks to the generosity of our donors, both current and retired employees. l extend my heartfelt gratitude to each donor for entrusting your contributions to us to improve society in Northern Ireland. I would also like to express my sincere appreciation to Ken Sullivan, Honorary Secretary., Richard Lapsley, Honorary Treasurer., Chris Wnne, Deputy Chairperson,. and all our dedicated Trustees for their invaluable contributions throughout the past year. Looking forward to 2025, the committee is eager to build on this momentum and continue our mission of supporting those 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 2024, 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 sedion 65{2} of the Charities Act {Northern Ireland) 2008 (the Charities Act) and that an independent examination is needed. It is our responsibility lo.. examine the acwunts under section 65 of the Charities Acl (Northem Ireland) 2008 to follow the procedures laid down in the general Directions given by the Charity Commission for Northem Ireland under section 6519)Ib} of the Charities Act to state whether particular matters have come to my attention Basis of Independent Examinerfs Report: We have examined your charity accounls as required under section 65 of the Chartties Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those rècords. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees conceming any such matters. Our role is lo stale whether any malerial matters have come to our attention giving cause lo believ8.' 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 the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Indèpondent Examinorf8 Statsrnènt: We have completed our examination and have no concems in respect ofthe matters {1) to {4} listed above and. in connection with following the Directions of the Charity Commission for Northem Ireland, we have found no matters that require drawing to your attention. Harbinson Mulholland 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 2024 The Accounts STATEMENT OF RECEIPTS AND PAYMENTS Unrestricted Unrestrictsd Funds Funds 2024 2023 Recoi Voluntary Receipts Contributions under the Give As You Earn Scheme from current and retired officials of Danske Bank 38,258.16 38,756.00 Sundry Donation 0.00 0.00 Interest Eamed: Business Investment Account 193.51 152.70 Inleresl Eamed.. Current Account 2.33 7.11 rotal recelpts 38 454.00 38 915.81 Pa ments Cost of charitable activlties Payments (38,822.90) (52,273.32) Northem Ireland Council for Voluntary Action Membership Fee CAF Admin Costs (35.CQ) 130.00) (573.88) (497.25) Sundry Expenses 11.05) {1,300.35) Accountants Fees 0.00 Total payments 39 432.8 Net receipisl(payments} (978.83} (20,185.11) RECONCILIATION OF FUNDS AT 30.11.24 Balan at start of year 15,439.33 35,624.44 Balance at end of year
THE DANSKE BANK EMPLOYEES. CHARITY GROUP YE4R ENDED 30 NOVEMBER 2024 STATEMENT OF ASSEfs AND LIABIUTIES 2024 2023 CURRENT ASSETS Amounl owing from Give As You Earn 12.354.48 3,112.18 Amount owlng from Bu8lngss Inve8tm8nt Ac£ount 2,075.94 11,775.33 Cash at Bank 30.10 551.82 Acuua18 ACCUMULA TED FUNDS General funds 14,460.50 15,439.44 Designated funds Balanc• at •nd of year 2911012025 Approved bythe Committe80n..................... . and 8lgned on thelr behalf by: Rlchard Lapsley. Honorary Tr8a$u Amber LWH, Chairp8r8on
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2024 Notes to the Accounts Note 1- Basis of Preparation 1.1 The Accounts have been prepared in accordance wilh the Slatement 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. Nots 2- Accounting Policie8 Receipts Recognition of reiptS These are included in the Statement of Receipts and Payments when they have been paid to Give As You Earn by the individual Members. Payments and liabilities Liability recognition A liability is recognised as soon as the Committee agrees to make a donation. Governanc8 Costs The Committee considers it essential to ensure that there are always funds available to pay over any donations that have been committed and require prompt funding. Note 3- Debtors and Prnpayments An amount of £12,354.46 is owing from Give As You Earn in respect of November 2024. An amount of £2,075.94 is owing from Business Investment Account in respect of November 2024. Note 4- Transactlon8 wlth relatsd parties There were no transactions with relaled parties in the current or previous financial year. Note 5- Funds re8eryed for payment
THE DANSKE BANK EMPLOYEES, CHARITY GROUP YEAR ENDED 30 NOVEMBER 2024 How to Become a Member or Amend your Donatlon 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 frorn 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 Dèrriaghy Belfast BT17 9HH R8m8mber. if you are a basic rate taxpayer donating, for example, £10 each month, it 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 rate taxpayers. Mor8 infomation 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 donalion of £10 per month will cost a basic rate 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 appropriate) each pay day the sum of £.............. New donation Amendment to existing donation Signed Name StafflPension No (from your payslip) BranchlD8partmenVBusiness Unit