2025-05-31-accounts - Dan Winters

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MAY 2025

OT
	Notes	Unrestricted funds 2025 £	Restricted funds 2025 £	Total 2025 £	Unrestricted funds 2024 £	Restricted funds 2024 £	Total 2024 £
Income and endowments from:
Donationsandlegacies Othertrading activities Otherincome	2 3 4	14,877 1,655 1	22,959 - -	37,836 1,655 1	13,409 1,345 -	5,205 - -	18,614 1,345
							-
Totalincome		16,533	22,959	39,492	14,754	5,205	19,959
Expenditure on:
Raisingfunds Charitableactivities	5 6	886 14,592	- 51,988	886 66,580	304 14,579	- 10,413	304 24,992
Totalexpenditure		15,478	51,988	67,466	14,883	10,413	25,296
Net income/(expenditure) and
movement infunds		1,055	(29,029)	(27,974)	(129)	(5,208)	(5,337)
Reconciliation offunds: Fundbalancesat 1 June2024		26,893	, 96,285	123,178	27,022	101,493	128,515
Fundbalances at31 May 2025		27,948	67,256	95,204	26,893	96,285	123,178

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 31 MAY 2025

			2025			2024
	Notes		£	£		£	£
Fixed assets
Tangible assets	10			106,867			118,541
Current assets
Stocks	11		150			300
Debtors	12		3,120			2,947
Cash at bank and in hand			5,920			7,456
			9,190			10,703
Creditors: amounts falling due within
one year	13		(10,225)			(6,066)
Net current (liabilities)/assets				(1,035)			4,637
Total assets less current liabilities				105,832			123,178
Creditors: amounts falling due after
more than oneyear	14	;		(10,628)			-
Net assets				95,204			123,178
Income funds
Restricted funds	15			67,256			96,285
Unrestricted funds				27,948	,		26,893
				95,204			123,178

DAN WINTER'S _ (A COMPANY LIMITED BY GUARANTEE) an BALANCE SHEET (CONTINUED) Ll AS AT 314 MAY 2025

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TheCompaniescharitable Act 2006,companyfor theis entitledyear endedto the31 exemptionMay 2025. from the audit requirement contained in section 477 of the The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the charitable company as_.at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

Theaccordance memberswith havs e ctionnot required the476. company to obtain an audit of its financial statements for the year in question in

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on .26|2.)2026 . ALAELG HM Winter UYUa

HM Winter Trustee

Company registration number NI059264

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DAN WINTER'S | i. (A CONMIPANY LIMITED BY GUARANTEE) | i NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 | 1 Accounting policies " | -. Charity information Dan Winter's is a private company limited by guarantee incorporated in Northern Ireland. The registered office . is 9 Derryloughan Road, The Diamond, Loughgall, Co Armagh, BT61 8PH. | 1.1 Accounting convention i - The financial statements have been prepared in accordance with the charitable company's Memorandum and | | Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in = the UK and Republic of Ireland” ("FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: | Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the |ia 2019).FinancialTheRepocha r tingitableStandardcompanyapplicais a Pu bl eicinBenefitthe UKEntityand asRepublicdefinedofbyIrelandFRS 102.(FRS 102)" (effective 1 January _ TheCashcharitableFlows. company has taken advantage of the provisions in the SORP not to prepare a Statement of load TheMonetary financialamountsstatementsin thesearefinancialpreparedstatementsin sterling,arewhichroundedis theto functionalthe nearestcurrency£. of the charitable company. | i The financial statements have been prepared under the historical cost convention. The principal accounting L policies adopted are set out below. E 1.2. AtGoingthe concerntime of approving the financial statements, the trustees have a reasonable expectation that the | ~ charitable company has adequate resources to continue in operational existence for the foreseeable future. , statements. EL Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial 1.3 Charitable funds | |" objectives.Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable | Pi Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The E purposes and uses of the restricted funds are set out in the notes to the financial statements. | charitable company. ri/ Endowment funds are subject to specific conditions by donors that the capital must be maintained by the | 1.4 Income : | L » haveIncomebeenis recognisedmet, the amountswhen thecancharitablebe measured companyreliably,is andlegallyit is entitledprobabletothatit afterincome any willperformancebe received.conditions / company has been notified of the donation, unless performance conditions require deferral of the amount. [si Cash donations are recognised on receipt. Other donations and grants are recognised once the charitable ; Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at | the time of the donation. [- distribution,Legacies arethe recognisedamount is onknown,receipt orand otherwisereceipt is expected.if the charitableIf the amount companyis nothasknown, been notifiedthe legacyof anis impendingtreated as | a contingent asset. | J | | li |

| DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) | NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 | 1 Accounting policies (Continued)

| 1.5 Exp enditureenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of | (i)theChar obl i gt a tionble can beactivities measured reliably, Expenditure is classified by activity. charitable objectives. | This comprises all the resources applied by the charitable company in undertaking its work to meet its (ii) Governance costs | Governance costs include the costs of governance arrangements which relate to the general running of the charitable company. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with use of the resources. Costs include irrecoverable VAT.

1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Improvements to leasehold property straight line over the period of the lease Kitchen equipment straight line over 10 years Other equipment straight line over 10 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). . 1.8 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025

1 Accounting policies (Continued)

1.10 Financial instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

‘

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

;

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. ,

Termination benefits are recognised immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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FOR THE YEAR ENDED 31 MAY 2025

2 Donations and legacies

2	Donations and legacies
		Unrestricted	Restricted		Total	Unrestricted	Restricted	Total
		funds	'	funds		funds	funds
		2025		2025	2025	2024	2024	2024
		£		£	£	£	£	£
	Donations and gifts	14,877		2,839	17,716	13,409	-	13,409
	Grant funding	-		20,120	20,120	-	5,205	5,205
		14,877		22,959	37,836	13,409	5,205	18,614
3	Other trading activities
						Unrestricted		Unrestricted
					.		funds	funds
							2025	2024
	Merchandise income						272	495
	Utility recharges						1,383	850
							4,655	4,345
4	Other income
						Unrestricted		Unrestricted
							funds	funds
							2025	2024
							£	£
	Bank interest received						1	-
5	Raising funds
						Unrestricted		Unrestricted
						:	funds	funds
							2025	2024
							£	£
	Fundraising and publicity
	Merchandise expenses						886	304
							886	304

3 Other trading activities

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025

6 Expenditure on charitable activities

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Direct costs
Depreciation and impairment	11,674	11,509
Rent	200	200
Insurance	2,675	2,680
Light and heat	1,079	1,915
Repairs and maintenance	41,918	-
General expenses	421	45
Catering	4,651	4,538
Casual labour	670	760
Postage	88	-
	63,376	21,647
Share ofsupportand governance costs (see note 7)
Support	2,419	2,715
Governance	785	630
	66,580	24,992
Analysis by fund
Unrestricted funds	14,592	14,579
Restricted funds	51,988	10,413
	66,580	24,992
Support costs allocated to activities
	2025	2024
	£	£
insurance	892	893
Light and heat	360	639
Telephone	418	999
General expenses	34	47
Bank fees	87	137
Loan interest	628	-
Governance costs	785	630
	3,204	3,345
Analysed between:
Charitableactivities	3,204	3,345

7 Support costs allocated to activities

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) | NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025

8 Trustees

charitable company during the year. None of the trustees (or any persons connected with them) received any remuneration or benefits from the was £4,500 at the year end (2024 - £4,500). No interest is charged on the loan. Mrs H Winter, a trustee, provided a loan to the charitable company. The balance remaining to Mrs H Winter Mr G Winter, also a trustee, received £200 as a payment for rent for the year (2024 - £200). 9 Employees

The average monthly number of employees during the year was:

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|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |Number|Number| |There were no employees whose annual remuneration was more than £60,000.| |10|Tangible fixed|assets| |to|leasehold|equipment|equipment| |Improvements|Kitchen|Other|Total| |property| |£|£|£|£| |AtCost1|June|2024|262,362|5,809|7,766|275,937| |AtDepreciation 31|May 2025and|impairment|.|262,362|5,809|7,766|275,937| |At|1|June|2024|148,756|5,406|3,234|157,396| |Depreciation|charged|in the year|10,494|403|777|11,674| |At|31|May|2025|159,250|5,809|4,011|169,070| |Carrying|amount| |At|31|May|2025|,|103,112|-|3,755|106,867| |At|31|May|2024|113,606|403|4,532|118,541| |11.|Stocks| |2025|2024| |Goods|for resale|150|300|

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2025

12	Debtors
					2025	2024
	Amounts falling due within one year:				£	£
	Prepayments and accrued income				3,120	2,947
13	Creditors: amounts falling due within one year
					2025	2024
					£	£
	Loan				9,500	4,500
	Accruals and deferred income				725	1,566
					10,225	6,066
14	Creditors: amounts falling due after more than one year			.
					2025	2024
					£	£
	Loan				10,628	-
15	Restricted funds
	The restricted funds of the charity comprise the unexpended			balances of donations and grants		subject to
	specific conditions by donors as to how they may be used.
		At 1	June	Incoming	‘Resources	At31 May
			2024	resources	expended	2025
			£	£	£	£
	Capital fund	91,705		-	(9,788)	81,917
	Roofrepairfund	4,580		22,259	(41,500)	(14,661)
	Electricity and rentfund		-	700	(700)	-
		96,285		22,959	(51,988)	67,256
	Previous year:	At 1	June	Incoming	Resources	At 31 May
			2023	resources	expended	2024
			£	£	£	£
	Capital fund	101,493		-	(9,788)	91,705
	Roof repairfund		-	4,580	-	4,580
	Electricity and rentfund		-	625	(625)	-
		101,493		5,205	(10,413)	96,285

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DAN WINTER'S (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025

16 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

	At	1 June 2024	Incoming resources	Resources expended	At31 May 2025
		£	£	£	£
General funds		26,893	16,533	(15,478)	27,948
Previous year:	At	71 June 2023	Incoming resources	Resources expended	At31 May 2024
		£	£	£	£
Generalfunds		27,022	14,754	(14,883)	26,893
Analysis of net assets between funds
			Unrestricted	Restricted	Total
			funds	funds
			2025	2025	2025
			£	£	£
At31 May 2025: Tangible assets			24,950	81,917	106,867
Current assets/(liabilities) Longterm liabilities			13,626 (10,628)	(14,661) -	(1,035) (10,628)
			27,948	67,256	95,204
			Unrestricted	Restricted	Total
			funds 2024	funds 2024	2024
			£	£	£
At 31 May 2024:
Tangible assets			26,836	91,705	118,541
Current assets/(liabilities)			57	4,580	4,637
	:		26,893	96,285	123,178

17 Analysis of net assets between funds

18 Related party transactions

During the year, Anna Winter (Mr G Winter's daughter and Mrs H Winter's granddaughter, both trustees) was recharged £1,383 (2024 - £850) by the charity for the use of electricity in the period from a shared utility line.