REGISTERED CIIARJTY NUMBEIL. SCQ52149 ort of ihe Trustcts nd Unaudited Financtil t#temen for th¢ Period 24th November 2022 to 30th li•¥tmb¢r 2023 Tht DAvtr$ ChritAblt Trust SCIO Fr1¢S Kirk & Mcvean Dumfries Enlerprise lJ5Jrk Dumfrics DUMFRIESS141RE DGI 3SJ
Tht DAver hirit cTr ontent tcm¢nts for the Period 24th Nfjvtmber 2022 to 30th November 2023 Px8¢ Reportof tht Trnsiees Indtpendont ExAminer'y Rtport Stattm¢nt ofFinan¢ial Ac¢ivltles laD¢¢ Shfft Notes to the Finnct81 Ststements DlI1d Sttrm¢nt of Financial Activiti0$
Dwv th T llstte cmbtr 2022 f rtheP ]lit irusle¢s pres¢fti I11T wilh di¢ finaneial siaiemenis of Ihe ¢harlly for Ihc period 24th NDv¢mber 2022 10 30th Novcmbcr 2021. Th¢ tyu%ie¢s hove odoplcd th¢ prowisiony of AcEounling and R¢p)rtin8 by Chariii¢s. sta¢1 of RecoLrrnendcd Pr4¢11¢¢ applicabl¢ to charirie5 prcparing ihcir #ccounts in aecordancc with ih¢ frinanGi41 Rcporting Swjdard applic8blr in thr UK and Republic of Ireland IFRS 102> Icffectivt l January 2019). OWECTIVES AND ACTIVITIES Objcttive5 ilmi l. lo tkJvsJn¢¢ ¢ducution for th05c rc5tdinE withu) th¢ g¢oBTaphical uea of Durnfiiusliir¢ by actirtg as a 'grl-1¥[ng. kndy in 5uppon of acadcmic ach1¢v¢mt, rescah and the like, by 8roup$ oi individua15 Ill schools, collcges and other oJuc&tionlll cstabli51ittKots and in th¢ provisioii of school or collcE¢ prizes for Plllticular mcril or outsiandittÈ acliiev¢mcnl', 2. 10 advancc public poitjCjPaEion iji sport in Dumfricyshirc by aaing as a 'gr11-giving body lo as$isl in the provision of training nd playirtk fatiliti¢s tor thvsc cngaged in 5porlin8 aciiviiies in DUmfnc5iIrc', lo alst with thc purchase of ¢quipincnl suithblc for tb)sc engugtd in SPDrtin8 activitlC5 iii mfrIhlrt. Lo a5515t in llic proThotion of individual and group technical tompcl*<¢ and Ihe altaininenl of hi8h standards witliin lh¢ fjcld of 5POrt in DUmfTiesshi", io ls1 in the fvndiN8 Of irsjvrl Bxpcnsc3 by individ115 QT UP5 to and from 5POrtin8 or othcr venues for (he purpos2 of parti¢ip&ison in or furthering skills in 5POrting a¢t¢vill. Comltive oi lIe[wI$¢- 3. to provide rclicfiDr those in need by re5Lson of agt, ill-heilih in¢ludin& bDI not rcstrictcd to, a life limiting ¢onditk)n or tcrminal illncs4 d15abilily, finanGial hard511ip or other disadvlniagc within DuTnfric55hirc,' LO provid¢ assisthn¢e. including specvdlist ircatmeDI for medical reasons or provision trf 5crvicc5 over and abov¢ th05c proyidrd by th¢ 5th1¢ or other orÉani5uEioD5 ts) thox who require &%5i$tsn¢e wilh funding. ¢0 promoic 8iid 5UPSY)rt Ihe use ofallcrnaliv¢ thuapics in Dumfriesshire,. to assist in the Wvision of or rgJnisoiiLX) of f¢¢l¢alional aGlivits¢& dESi8ned cnduvouf ts) improve Ihc condiiions of life of those lor whom ihc iccrcational a¢ljviii¢5 are Ini¢nd¢d-, ACHIEVEMENT AND PERFORhlANCE A5 w¢viously meniiontd. Ihc Tiuslecs havc activ¢ly be¢n steking projccts lo support as port of an ovcro115trnl¢8y of o 50ft laU[h or the charity. A web51te ha5 beal esiablislicd ai Mvw.Ehedgv¢rscli4rilablrifus1.w.uk. Th¢ Trust¢¢8 hove made one award during dlc firtttn¢i peliod bcing on &%vard in fawour ofihc Curc Cxpcricnttd Edat10th Tcatn for Duinfrics and Galloway Council. Thc award of £1,000 ivas gratefully rcceivcd by the Care Expericnce Education txwj Support o(rictt wl]o adVId Ihc Gharily ihai Ilie Car¢ Ixp¢ii¢n¢¢ fram have idcniificd 4 vulntribl¢ £hil¢Jsen who are in kin5bip ¢ar¢ with eldoily 8randpArenis wlio will btntfit frorn thc aword. The children LTioycd D course of cquinethernpy during the summcr hOlaYs. FJYANCIAI. REVIEW FiAanciAI position The accounts show a Su15 for the year of £99,969. This result is cleArly si8nifi¢ntttJy 4ffcctcd by th¢ r¢¢¢ipi of donatiDllS of £IOO.000 fiotn TlS 5Urn 15 inwesicd in an iJitcrc51-be4rinB building rie1Y accouni lo generait iniered Intomp for thc bcncfil ot thc chai-liy. l or ilic lim¢ b¢in& Ihc TrustC¢5 havc clxtcd niaintsiin a.5 larE¢ a5 5Urn HS Possibl¢ as capital in order 10 enerAte InMe tor projects. Al year end there W¢ UnstYl¢l¢d fund5 of £99.969. STRucrUR, GOVERTriANCE AND MANAGEMENT Covirrt5tyg document The cliariiy is eoiitrollEd by its gov¢riiinB documeni a deed of irust #nd con5tiius a Scottish CTharitsble Inco4M)rsted Or8anwLtion. Retrvithttht Appointment of new tr¥$t¢e¥ The pr¢bcn¢ Trusiccs weTe approached Dn 2n infornial basis and canvassed lo dti¢rmine if they would b¢ willin8 tD knk¢ up offJ¢c, whiGh Ih¢y havc doiie. The no plahs kn aJLI Ihc numbcr ofTriisiccs ¢%llY appointed. RF.FF.RENCE AND ADMINisfRATIVK DETAILS Rt£istertd Cbarity nunTrbtr SC052149 Prinrl il lildrtii PaEe I
Tbc Dave h•Yit*bl•Trwt SCIO r•r tht Perlod 24 to 30th Novemb r 2013 REFERENCE AND ADMINIST114TIVE DETAIts Indepeudent Ey•rDiller Forri¢s Kirk & Mrvcan Dmmfries Enterprise Park Htaihhall Dumfries DUMF]iIESSHIRE DGI 3SJ Approv¢d by orderof thc board of Irusiees on 27th August 2024 and signed on its b¢half by.. Page 2
t Ex4minET'S RI Tt to the Trmstees of Indoptndent ox#Mbinor'$ r¢pDr¢ to th¢ trustpr$ ofTh• Dav¢rs Charitable Trust SCIO I rcporl lo Ilie charity liuslees oil my cxamination of ilic a¢counts of The Davcis Cliarithblc Trust SCIO lih¢ TFU511 for thc period 24th Novcmttr 2022 30th 7ovembcr 2023. RespoTrslbTrlitltS And bsls of reiiort A5 Ilic Ghariiy IIu51¢es of the Tiusi you 4r¢ rtt*ponsible for the prcparAiion of the ac£ourtts in ÈtcordOTLC¢ wifh th¢ rr4uiWntsof thc Chiritie5 Act2011 I'the Act). I T¢PDrt 111 of my ex&minaiK)n of the Trusts acu)unrs carried out under S¢¢tion 143 of the Act and in c4rwng out my cxamJiJaiLon I have followed •ll appli¢abl¢ Direct11$ en by thc Chariry Commission linder Sttiiott 14515llbl of th¢ ACL Indep¢Thdtut eX4min¢r's st•t¢meut I have complet¢d rny Cxamination. I confirm that no m4t¢riai MAIWS liay¢ comc my oitcniioti lil COll]2¢dion with thr alatiO Biving mc cause kn b¢li¢v¢ thai Lrt #ny tnaierial irspect.. accounting rewTds ¥v¢Jr not k¢pt in Icspt of th¢ Tnjm &% iequired by Section 130 of the A¢¢ or the a¢Lounts do not aLcord with those reLords' or th¢ rOUn¢5 do iiot coillply willi ilie applicabl¥ r¢quirtin¢nls conr¢rning the foi'm and conicni of accounls sct oui in (he Charilie5 {Acwuii and R¢ponsl Re8ulaiions 2008 any t¢quirc]D¢nl thHI the aGrounts Eivc a IT fBir vicw whi£li 15 not a maiicr coiissdcred as part ofarj independent exojniiialion. I have DO concertL5 and hav¢ a¢i'os5 no Oler maticrs in CODnc¢tion with the ¢xatDination to which illtion should di&wn in this rep)rt in order 10 enAble A proper undersiADdingofihe accouiits ts> be re8ched. rarrics Kirk & McV¢aii Du]nfTiCS Etilcrpri5¢ Park 14eathh811 Dum(rJes DUMFRIESSHIRE DGI JSJ 27th Au8USt 2024 Page 3
The DAVtrs Chritble Trust SCIO Statomtnt of wi4ncIlI ArlivitiCS od 24th November 2 22 th ovc er 2023 Unrestricted fund Notc5 INCOME AND ENDOWMENTS FROM Donations and legacies 101.440 Inve5tm¢nt ineome 1.469 Total 102,909 EXPENDITURE ON Raising funds 1,940 Chxritablt A<tivitie5 Gcneral I,ODO Tot&1 2.940 NET INCOME 99.969 TOTAL FUNDS CARRlkD FORWARD 99.969 The ttoics form part of the* fin8ncial slai¢mcnis Po8e 4
The Da B lance 30th November 2023 UnTe5tyicl¢d rund Noi¢s CURRENT ASSETS Cash ai bank 100.469 CREDITORS Amunts tslling due withirt one year (Joo) NKf CURREP4T ASSETS 99,969 TOTALASSETS LESS CURRTrJYT LIABILITIES 99.969 NET A&Sbl'S 99,969 bUNDS Unre51ricicd tujjds 99.969 TOTAL FUNDS 99,969 The finaneial statements were appmv¢d by ¢h¢ Board of Trullees ad Auihorised for i55ue on 27th AuBilSI 2024 and w¢r¢ signed o its tr¢hf by.. The iiDS fomi pan ofthe5r finarKial SentS P¢5
e Dayc hRrilJ leTr for tho Pori d24thN vtm 22 ACCOUNTING POLICIES BASIS Of prtPAring the fiNAn¢il 5ttemthts Th¢ financial slai¢meiJls of th¢ ¢haiity, which is a pvblic benefit cniiiy under fRS 102, hav¢ been prepaTEd in accordan¢¢ with thc Charities SOtIP IFRS 1021'Ac¢ounling and Ilcporting by ChLrili¢$.. Siat¢mcnt of Recvrnmcndcd Practicc applitable lo chIlle5 prewdring Ihcii gccount5 in llccordance wilh ihe Finan¢i81 Reporiing Si2ndard gpplicRblc in ihe UK and Jiepiibli¢ tsf Irelhnd IfRS 102) Icffethive l Jiniinry 20191.. finRnciRI Rctx)rting SiandRrd 10? 'Tlic finAn£iAI Repnrling 8ixndard applicoble in the UK and Republic ofIIelllAd' and the Chllrities Act 2011. The ftnanci21 statements have been prepand undcr the histori11 coll (tsnvenlion. Income All inwEll¢ i5 recognis¢d in th¢ Si#i¢ment of Fin¢1] Artiviti¢5 onr¢ ih¢ ctluriiy has ¢nlitl¢m¢ni to th¢ lund4 ii is probabl¢ that the incomc will bt rcceived and Ihc arnounl can br tncasured rcliably. Kxpendlture Liabiliiies are rtrogNiscd tts txpcnditure 5(K)n 115 Ihcrc is a Icgal or cpn51rMciive obligaiion comrniiiing Ilic chariiy 10 thai expendiiure, li is probabl¢ IhDI a transf¢r of xonomi¢ b¢n¢fits will b¢ requir¢d in sciilemeni and th¢ amount ofthe obligaiion an b¢ Jneasured rtlitsbly. Expeiiditure is accounted for on Bc¢rDal$ b8%15 Rnd h&s been cla55ificd iind¢r h¢8din85 Ihai uggr¢galt all cost relaled to tht eateEory. Wher¢ tosts cttnnot be directly allrihut¢é 10 particular h¢adinB5 ih¢y liav¢ bccll Ilocated to a¢iiviiics on a ba515 consi5t¢ntwiih the use of r¢sources. TAXation The charily is exempt fmm on its chatiiable activillt5. Fund iccounting Unftsiricied fund5 can bc u5cd in JJccord&ncc with Ihc charitablc objcclivcs ai Ihc discTCliOn of ihc truAccs. Re#riLted funds Can only bc used for pani¢ulaT r¢str¢u¢d purps¢5 within Ihc pbj¢cls of lh¢ ¢hariiy. RcMri¢iions arise whe spccificd by th¢ dollor OT wh¢n funds ar¢ rais¢d for parti¢vloT resiricted puryx)ses. Further explanaiion of th¢ naiure and purpose ofeach fund is included in lh¢ notes 10 Ihc finaTrcial.4tsiemenis. INVESTMENT INCOME Bank InlLrLyl 1,469 ISING FUIYDS Rai%ing don*tlthni ind lega¢leA Support C05t5 1.940 TRUSTEES, REMUNEIi4Tll0Tr4 ATrID BEIYEFITS Th¢r¢ w¢rc no Iruslccs, TetDuner&lion or other bEnefit5 for the period ended 30th Nov¢mbcr2023. Trustetj, txpenyej There were no Irusiees, cxp¢nses paid for ihe period elided 30th Novembcr 2023. Page 6 ¢ontinu...
Abl¢ Trust SCIO eI5- contin th Nov¢MJb¢r for the Poriod 2 CREDITORS.. AMOUT¥TS FALLING I)UK WITHIN ONE YEAR Other ¢r¢diiors 500 MOVEMF.NT IN FUNDS Net movemcnl in lunds At JO. l 1.23 Unr¢$tritted funds Gcncral fund 99.969 99.969 TOTAL FUNDS 99.969 99.969 N¢t Jnov¢mcnl sn funds. includcd in Ihc above are a5 follow5". In¢omin8 rcsourcc5 Re5ource5 expended Nlov¢mcnt in fund5 urtriCted fvttds Oen¢ral lund 102.909 {2,9401 99,969 TOTAL FUNDS 102.909 (2.9401 99,969 RELATED PARTY DISCLOSURES Ther¢ were no related paTty tran$£ciions for ih¢ pcriod ¢ndcd 30th Noveinber 2023. Pagc 7
Detailed Stlttrntnt of Fi for the Ptriod 24th l%ovtmbcr 2022 to Jolh IYDvcmber 2023 INCOME AND ENDOWMENTS Dortatlons A Trd legA¢ies Donation5 101.440 Jnvo5tmtnt incomt Bank Inieresi 1,469 TotAI in¢oming r¢sour¢e¥ 101909 EXPENDITURE Cbxrltabie ictiviti DonatiotLS 1.000 Support Costs Governance costs Auditgrs. rernunetation Actouniancy and l¢801 f¢¢s 500 1,440 1,940 Total r¢sour¢es txp¢nd¢d 2,940 Plet income 99,969 This p4g¢ do no¢ form pBrtof Ihc 5tstutory financial sratcmcnts Page 8