IRIS Accounts Production v24.1.4.33 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY T Griffith S Lucas L Hart L K Harley C E Rees S Walsh M Bond R Bellamy-James G Dale FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052179452023-03-31052179452024-03-31052179452023-04-012024-03-31052179452022-03-31052179452022-04-012023-03-31052179452023-03-3105217945ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3105217945ns15:PoundSterling2023-04-012024-03-3105217945ns0:Trustee22023-04-012024-03-3105217945ns0:Trustee32023-04-012024-03-3105217945ns0:Trustee12023-04-012024-03-3105217945ns0:Trustee42023-04-012024-03-3105217945ns0:Trustee52023-04-012024-03-3105217945ns0:Trustee62023-04-012024-03-3105217945ns0:Trustee72023-04-012024-03-3105217945ns0:Trustee82023-04-012024-03-3105217945ns0:Trustee92023-04-012024-03-3105217945ns11:FRS1022023-04-012024-03-3105217945ns11:IndependentExaminationCharity2023-04-012024-03-3105217945ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105217945ns11:FullAccounts2023-04-012024-03-3105217945ns11:CharitiesSORP2023-04-012024-03-3105217945ns16:EnglandWales2023-04-012024-03-3105217945ns11:RegisteredOffice2023-04-012024-03-3105217945ns11:CompanySecretary12023-04-012024-03-3105217945ns0:TotalUnrestrictedFunds2023-04-012024-03-3105217945ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3105217945ns0:TotalUnrestrictedFunds2023-03-3105217945ns0:TotalRestrictedIncomeFunds2023-03-3105217945ns0:TotalUnrestrictedFunds2024-03-3105217945ns0:TotalRestrictedIncomeFunds2024-03-3105217945ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-3105217945ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2024-03-3105217945ns10:WithinOneYear2024-03-3105217945ns10:WithinOneYear2023-03-3105217945ns10:FurnitureFittingsToolsEquipment2023-04-012024-03-310521794522023-04-012024-03-310521794512023-04-012024-03-310521794512022-04-012023-03-3105217945ns10:OwnedAssets2023-04-012024-03-3105217945ns10:OwnedAssets2022-04-012023-03-3105217945ns0:TotalUnrestrictedFunds2022-04-012023-03-3105217945ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3105217945ns10:FurnitureFittings2023-03-3105217945ns10:FurnitureFittings2023-04-012024-03-3105217945ns10:FurnitureFittings2024-03-3105217945ns10:FurnitureFittings2023-03-31
REGISTERED COMPANY NUMBER: 05217945 (England and Wales)
REGISTERED CHARITY NUMBER: 1108138














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

WIGHT DASH

WIGHT DASH

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 16

WIGHT DASH (REGISTERED NUMBER: 05217945)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The principle object is to provide for the relief on the Isle of Wight of women and/or their dependent children where applicable, who are suffering or have suffered from matrimonial or domestic violence or abuse, or any other form of disadvantage, in particular by providing support for such persons.

Public benefit
All the activities of the Charity focus on delivering community benefit and are in accordance with the objects of the Charity.

The Trustees have complied with their duty to have due regard to the Charity Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant.

ACHIEVEMENT AND PERFORMANCE
Review of the year
WIGHT DASH were required to make the difficult decision to close the charity in 2023

The trustees had been carefully reviewing the ongoing financial viability of the charity as part of its ongoing formal meetings in which the progress of the charity's work was carefully reviewed.

The trustees met on 22nd May 2023 and again reviewed the charity's financial forecasting based on its current accounts. It was confirmed by the CEO and Office Manager that the detailed tender which had already been made by WIGHT DASH for the Domestic Violence Contract was still being considered by the Local Authority and that it was essential that this bid be successful, as this was a key source of funding to the charity. It was acknowledged that without this key source of funding, critical decisions would need to be made in the near future, by the Trustees, regarding the future work and viability of the charity.

On 26th June 2023, a Special Meeting was convened following confirmation from the CEO that WIGHT DASH had not been successful in its bid for the Domestic Abuse Contract with the Local Authority. Several options were reviewed at this meeting for WIGHT DASH to continue to operate, which were carefully considered both operationally and financially. These included reducing, the range of services provided by WIGHT DASH with a reduced staff team, as well as closing the charity and making the full workforce redundant, in a way that would allow the charity to meet its legal, contractual and financial obligations to staff employed by the charity. It was accepted that there was no immediate prospect of WIGHT DASH receiving any other significant funding from any other sources that would enable a reduced range of services to be provided, by a smaller staff team, taking into account the charity's staffing costs as well as building rental costs etc.

After careful consideration, taking into account the full financial advice available to the Trustees, a majority decision was made to close the charity.
Whilst the decision to close WIGHT DASH was a very significant and difficult one to make and was deeply regrettable, it was accepted by the Trustees that there was no other financial option. The CEO was able to reassure the Trustees of the comprehensive and detailed work plan which would now be put in place to provide staff with the appropriate redundancy advice and support and that appropriate legal advice would also be taken regarding the best financial and legal options for ceasing the renting of the business premises which WIGHT DASH occupied.


WIGHT DASH (REGISTERED NUMBER: 05217945)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


FINANCIAL REVIEW
Investment policy and objectives
The trustees have the power to invest in such assets as they see fit. The charity keeps its fund in short-term deposits, which can be accessed readily.

FUTURE PLANS
The Charity was closed in 2023.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Memorandum and Articles of Association, incorporated on 31 August 2004, were amended by Special Resolution on 11 April 2006.

Recruitment and appointment of new trustees
New members are elected by the board on a majority vote. All members follow an induction process before standing for election.

Key management remuneration
The company secretary is considered to be key management personnel. The total employee benefits for this post were £24,156.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05217945 (England and Wales)

Registered Charity number
1108138

Registered office
Exchange House
St Cross Lane
Newport
Isle of Wight
PO30 5BZ

Trustees
L Hart (Chairman)
T Griffith
S Lucas
L Harley
S Walsh
C Rees
R Bellamy James
M Bond
G Dale

Company Secretary
F Gwinnett


WIGHT DASH (REGISTERED NUMBER: 05217945)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
J Palmer
FCCA
Bright Brown Limited
Chartered Accountants
Exchange House
St. Cross Lane
Newport
Isle of Wight
PO30 5BZ

Approved by order of the board of trustees on 8 October 2024 and signed on its behalf by:





L Hart - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WIGHT DASH


Independent examiner's report to the trustees of Wight DASH ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








J Palmer
FCCA
Bright Brown Limited
Chartered Accountants
Newport
Isle of Wight
PO30 5BZ

Date: .............................................

WIGHT DASH

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 2,133 5,431 7,564 66,269

Charitable activities 5
WightDASH 264 - 264 221,666

Other trading activities 3 - - - 2,388
Investment income 4 3,096 195 3,291 2,017
Total 5,493 5,626 11,119 292,340

EXPENDITURE ON
Raising funds 6 420 - 420 11,444

Charitable activities 7
WightDASH 41,186 239,353 280,539 312,556
Total 41,606 239,353 280,959 324,000

NET INCOME/(EXPENDITURE) (36,113 ) (233,727 ) (269,840 ) (31,660 )
Transfers between funds 17 (17,940 ) 17,940 - -
Net movement in funds (54,053 ) (215,787 ) (269,840 ) (31,660 )

RECONCILIATION OF FUNDS
Total funds brought forward 173,115 247,281 420,396 452,056

TOTAL FUNDS CARRIED FORWARD 119,062 31,494 150,556 420,396

WIGHT DASH (REGISTERED NUMBER: 05217945)

BALANCE SHEET
31 MARCH 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 14 - - - 556

CURRENT ASSETS
Debtors 15 438 1,313 1,751 27,223
Cash at bank and in hand 120,103 31,487 151,590 406,512
120,541 32,800 153,341 433,735

CREDITORS
Amounts falling due within one year 16 (1,479 ) (1,306 ) (2,785 ) (13,895 )

NET CURRENT ASSETS 119,062 31,494 150,556 419,840

TOTAL ASSETS LESS CURRENT LIABILITIES 119,062 31,494 150,556 420,396

NET ASSETS 119,062 31,494 150,556 420,396
FUNDS 17
Unrestricted funds 119,062 173,115
Restricted funds 31,494 247,281
TOTAL FUNDS 150,556 420,396

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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.


WIGHT DASH (REGISTERED NUMBER: 05217945)

BALANCE SHEET - continued
31 MARCH 2024

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


The financial statements were approved by the Board of Trustees and authorised for issue on 8 October 2024 and were signed on its behalf by:





L Hart - Trustee

WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures and fittings - Straight line over 2 to 10 years

Assets are only capitalised when the purchase costs is equal to or greater than £100.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. DONATIONS AND LEGACIES
2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Donations 2,133 5,431 7,564 57,269
Legacies - - - 9,000
2,133 5,431 7,564 66,269

3. OTHER TRADING ACTIVITIES
2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Shop income - - - 2,388

4. INVESTMENT INCOME
2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Rents received - 195 195 765
Deposit account interest 3,096 - 3,096 1,252
3,096 195 3,291 2,017

5. INCOME FROM CHARITABLE ACTIVITIES
2024 2023
Activity £    £   
Grants WightDASH - 219,166
Sundry income WightDASH 264 2,500
264 221,666


WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. RAISING FUNDS

Raising donations and legacies
2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Support costs - - - 2,159


Other trading activities
2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Other operating leases - - - 8,181
Utilities and rates 400 - 400 603
Telephone - - - 371
Other shop costs 5 - 5 95
Repairs and maintenance 15 - 15 35
420 - 420 9,285

Aggregate amounts 420 - 420 11,444

7. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8) note 9) Totals
£    £    £   
WightDASH 268,117 12,422 280,539


WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. DIRECT COSTS OF CHARITABLE ACTIVITIES
2024 2023
£    £   
Staff costs 213,352 247,636
Rent, rates and refuse 31,530 26,701
Light and heat 5,529 2,910
Telephone 3,183 4,051
Postage and stationery - 318
Office supplies 204 1,207
Sundries 2,816 1,100
Travelling 2,490 4,432
Conferences, training and recruitment 450 3,956
Subscriptions and publications 2,321 5,895
Project costs 2,418 4,456
Repairs and maintenance 3,700 1,705
Bank charges 124 261
Depreciation - 556
268,117 305,184

9. SUPPORT COSTS
Governance
Finance Insurance costs Totals
£    £    £    £   
WightDASH 556 6,466 5,400 12,422

Basis of allocation
Support costs are apportioned based on the time spent on each activity.

10. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Independent examiner's remuneration 2,189 1,978
Accounting fees non independent examination 574 1,216
Depreciation - owned assets - 557
Other operating leases - 8,181
Deficit on disposal of fixed assets 556 -


WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


12. STAFF COSTS

The average monthly number of employees during the year was as follows:

2024 2023
Charitable activities 9 9

No employees received emoluments in excess of £60,000.

13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 41,255 25,014 66,269

Charitable activities
WightDASH 78,083 143,583 221,666

Other trading activities 2,388 - 2,388
Investment income 1,252 765 2,017
Total 122,978 169,362 292,340

EXPENDITURE ON
Raising funds 11,444 - 11,444

Charitable activities
WightDASH 83,375 229,181 312,556
Total 94,819 229,181 324,000

NET INCOME/(EXPENDITURE) 28,159 (59,819 ) (31,660 )


RECONCILIATION OF FUNDS
Total funds brought forward 144,953 307,103 452,056


WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£    £    £   
TOTAL FUNDS CARRIED FORWARD 173,112 247,284 420,396

14. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023 33,893
Disposals (33,893 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 33,337
Eliminated on disposal (33,337 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 556

15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 21,530
Prepaid expenses 1,751 5,693
1,751 27,223


WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes - 5,025
Accrued expenses 2,785 8,870
2,785 13,895

17. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.23 in funds funds 31.3.24
£    £    £    £   
Unrestricted funds
General fund 173,115 (36,113 ) (17,940 ) 119,062

Restricted funds
Outreach fund 201,405 (179,950 ) - 21,455
Childcare fund 14,114 (32,054 ) 17,940 -
WOW 31,762 (21,723 ) - 10,039
247,281 (233,727 ) 17,940 31,494
TOTAL FUNDS 420,396 (269,840 ) - 150,556

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 5,493 (41,606 ) (36,113 )

Restricted funds
Outreach fund 5,192 (185,142 ) (179,950 )
Childcare fund 46 (32,100 ) (32,054 )
WOW 388 (22,111 ) (21,723 )
5,626 (239,353 ) (233,727 )
TOTAL FUNDS 11,119 (280,959 ) (269,840 )


WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


17. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 144,953 28,162 173,115

Restricted funds
Outreach fund 211,514 (10,109 ) 201,405
Childcare fund 7,228 6,886 14,114
WOW 88,361 (56,599 ) 31,762
307,103 (59,822 ) 247,281
TOTAL FUNDS 452,056 (31,660 ) 420,396

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 122,978 (94,816 ) 28,162

Restricted funds
Outreach fund 117,213 (127,322 ) (10,109 )
Childcare fund 49,746 (42,860 ) 6,886
WOW 2,403 (59,002 ) (56,599 )
169,362 (229,184 ) (59,822 )
TOTAL FUNDS 292,340 (324,000 ) (31,660 )

The Outreach and Childcare Funds are for the running of the outreach and childcare programmes and comprise the support of women in the wider community of the Isle of Wight, together with their dependent children. Grants are received specifically for these two areas of activity.

WOW is a centre on the Isle of Wight, within which women and girls can access information, support and companionship in a safe, women only space. Women and girls have the opportunity to explore a range of issues and gain new experiences, whilst being recognised as valued individuals. It also provides an office for our outreach team which ensures specialist advice is available on site at all times. This is a diversification for us as this is not a domestic abuse specific project, rather it is a recognition that all women may experience serious and multiple disadvantage at any point in their lives. The project was funded by Big Lottery Fund Women and Girls initiative over a four year period.

WIGHT DASH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.