Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-3132101226323921019364211426140122023-01-01falseNo description of principal activity2023-12-31 06035936 2023-01-01 2023-12-31 06035936 2022-01-01 2022-12-31 06035936 2023-12-31 06035936 2022-12-31 06035936 2023-01-01 06035936 2022-01-01 06035936 c:RegisteredOffice 2023-01-01 2023-12-31 06035936 d:PlantMachinery 2023-01-01 2023-12-31 06035936 d:PlantMachinery 2023-12-31 06035936 d:PlantMachinery 2022-12-31 06035936 d:MotorVehicles 2023-01-01 2023-12-31 06035936 d:MotorVehicles 2023-12-31 06035936 d:MotorVehicles 2022-12-31 06035936 d:FurnitureFittings 2023-01-01 2023-12-31 06035936 d:FurnitureFittings 2023-12-31 06035936 d:FurnitureFittings 2022-12-31 06035936 d:OfficeEquipment 2023-01-01 2023-12-31 06035936 d:OfficeEquipment 2023-12-31 06035936 d:OfficeEquipment 2022-12-31 06035936 d:CurrentFinancialInstruments 2023-12-31 06035936 d:CurrentFinancialInstruments 2022-12-31 06035936 d:CurrentFinancialInstruments 1 2023-12-31 06035936 d:CurrentFinancialInstruments 1 2022-12-31 06035936 d:Non-currentFinancialInstruments 2023-12-31 06035936 d:Non-currentFinancialInstruments 2022-12-31 06035936 d:Non-currentFinancialInstruments 1 2023-12-31 06035936 d:Non-currentFinancialInstruments 1 2022-12-31 06035936 c:FRS102 2023-01-01 2023-12-31 06035936 c:IndependentExaminationCharity 2023-01-01 2023-12-31 06035936 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06035936 b:Trustee1 2023-01-01 2023-12-31 06035936 b:Trustee2 2023-01-01 2023-12-31 06035936 b:Trustee3 2023-01-01 2023-12-31 06035936 b:UnrestrictedFundsGeneral 2023-01-01 2023-12-31 06035936 b:RestrictedIncomeFunds 2023-01-01 2023-12-31 06035936 b:RestrictedIncomeFunds 2022-01-01 2022-12-31 06035936 b:TotalEndowmentFunds 2023-01-01 2023-12-31 06035936 b:TotalEndowmentFunds 2022-01-01 2022-12-31 06035936 b:RestrictedIncomeFunds 2023-12-31 06035936 b:RestrictedIncomeFunds 2022-12-31 06035936 b:TotalEndowmentFunds 2023-12-31 06035936 b:TotalEndowmentFunds 2022-12-31 06035936 d:WithinOneYear 2023-12-31 06035936 d:WithinOneYear 2022-12-31 06035936 d:BetweenOneFiveYears 2023-12-31 06035936 d:BetweenOneFiveYears 2022-12-31 06035936 b:Activity1 2023-01-01 2023-12-31 06035936 b:Activity1 2022-01-01 2022-12-31 06035936 b:Activity1 b:TotalEndowmentFunds 2023-01-01 2023-12-31 06035936 b:Activity2 2023-01-01 2023-12-31 06035936 b:Activity2 2022-01-01 2022-12-31 06035936 b:Activity2 b:TotalEndowmentFunds 2023-01-01 2023-12-31 06035936 b:Activity3 2023-01-01 2023-12-31 06035936 b:Activity3 2022-01-01 2022-12-31 06035936 b:Activity3 b:TotalEndowmentFunds 2023-01-01 2023-12-31 06035936 b:Activity4 2023-01-01 2023-12-31 06035936 b:Activity4 2022-01-01 2022-12-31 06035936 b:Activity4 b:TotalEndowmentFunds 2023-01-01 2023-12-31 06035936 b:TotalUnrestrictedFunds 2023-12-31 06035936 b:TotalUnrestrictedFunds 2022-12-31 06035936 b:TotalRestrictedIncomeFunds 2023-12-31 06035936 b:TotalRestrictedIncomeFunds 2022-12-31 06035936 c:FullAccounts 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 06035936
Charity numbers: 1118674 & SC043181










DIGITAL PIPELINE
(A company limited by guarantee)







UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
DIGITAL PIPELINE
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the Charity, its Trustees and advisers
1
Trustees' report
2 - 10
Independent examiner's report
11 - 12
Statement of financial activities
13
Balance sheet
14 - 15
Notes to the financial statements
16 - 30

 
DIGITAL PIPELINE
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023


Trustees
Stephen Thompson (appointed 1 January 2022)
Mark Lawrence (appointed 1 January 2022)
Ken Rich (appointed 1 January 2022)

Company registered number
06035936

Charity registered numbers
1118674 and SC043181

Registered office
A6 (Unit 4), 1st Floor
Powerhub Business Centre
St. Peters Street
Maidstone
Kent
ME16 0ST

Page 1

 
DIGITAL PIPELINE
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their Annual report together with the financial statements of the Charity for the  1 January 2023 to 31 December 2023The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

The Charity also uses the 'Working Name' Computers 4 Charity and strapline "Caring for Climate and Community".
 

Objectives and activities
 

l Policies and objectives
 

The Charity's objects (the "Objects") for which the Charity is established are for the benefit of the public to:
a) advance the education of the public by providing access to information and communications technology, to computers and other hardware and to software ("ICT") and to related ICT education and training materials and ICT maintenance and support to those who have need of such equipment in developing countries (as defined by the United Nations from time to time) including but not limited to those in Africa;
b) promote the conservation, protection and improvement of the physical and natural environment by facilitating the re-use of ICT equipment;
c) relieve poverty by providing access to  ICT, to ICT education and training materials and ICT maintenance and support  to the poor and the otherwise excluded in developing countries (as defined by the United Nations from time to time) including but not limited to those in Africa;
d) advance such purposes as are recognised as being exclusively charitable in accordance with English Law from time to time as the Trustees in their absolute discretion shall think fit.
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

l Main activities undertaken to further the Charity's purposes for the public benefit
 

Caring for Community - A report issued by the Good Things Foundation in 2024 notes that 8.5 million people still lack basic digital skills. This had dropped from 10 million on the previous year, but while the divide may have gotten narrower, it also got deeper as more services moved online. 
They also note than 3.7 million families are below the Minimum Digital Living Standard, facing barriers such as limited connectivity and insufficient digital literacy support.  To enable people to adapt during an age of digital transformation of our health and benefit systems, we tailor donations to suit the beneficiary, i.e. a young person at risk of homelessness living without WIFI may need a mobile and SIM card to keep in contact with support workers, friends and family, or a young carer might need a laptop to enable them to study from home whilst caring for a family member.
 
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DIGITAL PIPELINE
 
(A company limited by guarantee)
 
Objectives and activities (continued)


We have continued our provision of free tech locally in our Kent coastal towns and areas of rural deprivation whilst still honouring our national outreach across the country through our national appeals programme, funded by our charity e shop sales and our generous grant makers. 
Funding from Access Foundation, Cobtree, Colyer Fergusson, Edward Gosling Foundation, Kent Community Foundation, Kent Social enterprise, Maidstone Lions and Skinners Foundation, has enabled us to donate devices to those most in need in our community. This funding also assisted with our Computers 4 Kent offer, which provided Kent charities and schools with up to 50% match funding to purchase refurbished IT from our eShop.
We operate a 100% software licence compliant process and load Microsoft Windows 10 or 11 (dependant on age of device) on all that we give away to our beneficiaries, and on request for surplus sales. We ask that (where possible and practicable) those donating to us also include all physical copies of OEM software and licenses with the equipment they came preinstalled on, as these are associated with the motherboard.
Caring for Climate - Each device given a true second life through upgrade means a new one does not have to be manufactured and over 80% of a computer’s carbon footprint is in its production; every upgraded laptop saving the planet from 150kg of CO2 emissions and each desktop 250kg of CO2*. This is not ‘Greenwashing’ or ‘Phantom Forests’, this is real, tangible and substantial.  Most surplus IT equipment seems to be between 3 and 7 years old, the oldest we work with being 10 years old. We have found that older devices need to be upgraded to give them a real second life. Although refurbishment does help by cleaning out all the dust to increase thermal efficiency, it can't stop slowdowns and freezes due to available RAM overflowing, slow or full hard drives and videos being pixilated or juddery.
Many devices have two RAM slots and only one RAM stick; where practical we add another RAM stick so the device runs quicker. Desktops in particular often have two or more hard drive slots with only one drive installed, where practical we add another drive (ideally solid state), so the device runs quicker and has more storage capacity. Where graphics cards are integrated into the motherboard and there is a slot for an external faster video card, where practical we install one to achieve better screen resolution and refresh rates.
Environmental compliance - We fulfil 100% of environmental rules, regulations and responsibilities, saving computers from being scrapped, dumped or landfilled. In the event that we are given non-working IT equipment, which is “waste” (see notes). We hold:
• Environment Permit (CBDL11078), Environmental Permitting (England and Wales) Regulations 2016, 
• Registered Producers of Hazardous Waste number ODR619 as ID: HazWasteReg – 1583003, 
• Registered Carrier of Controlled Waste PCD/CBDL11078
Environmental “waste” - we aim to only accept working IT equipment, that is “used” or “second hand” but “working” as originally designed and intended as its original purpose of manufacturing. This is not “waste”.  We do not recycle, we refurbish and re use; recycling destroys the computers. We do not break down IT equipment into its basic materials and recycle the metal, plastic, aluminium, gold, platinum, etc. Rather, we data wipe, clean and repair, sometimes upgrading with additional hard drives and RAM, then load fresh operating system software for re use. At all times all the equipment is in working condition and fully operational, from beginning to end.
Waste Electrical and Electronic Equipment (WEEE) - ideally we do not want to receive, handle or process non working, broken or irreparable computer equipment; that is “waste”.  However, we do occasionally unintentionally, or sometimes intentionally in order to receive other donations of value and use, accept or receive non working equipment and have all the environmental permits we understand are needed.  Just in case we are given equipment we cannot use we have secured all the relevant permissions to handle IT waste, bearing in mind a fundamental difference between commercial re furbishers and us; we own the equipment from the moment it is donated. Commercial re furbishers do not normally own the equipment they handle and so require a different set of environmental permits. All our equipment belongs to us from when we receive it up until we give it away or sell the surplus, including non operational IT waste.
 
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DIGITAL PIPELINE
 
(A company limited by guarantee)
 
Objectives and activities (continued)

Every item is tracked and traced throughout with a unique ID number and barcode label, with a duplicate label attached to each Donor Form, the ID is scanned into our database and assigned to a donation. Everything is tested and checked for functionality and, along with the serial numbers and specifications, entered into our database. On request, an audit report can be provided, including any client asset tag details that were present on the devices; all IT equipment supplier data is held securely. 
 
 

Achievements and performance
 

l Review of activities
 

Caring for Climate - our Net Zero Plan has enabled us improve our carbon footprint in everything we do, from packaging to hybrid working.  We support our corporate partners to achieve this with provision of climate reduction certificates for each device they donate for refurbishment instead of sending for recycling or waste. During the period we prevented approximately 4,200 systems from going to landfill. This was a decrease from the previous year of around 800 units, but this was to be expected as we slowly transitioned into a social enterprise, we are unable to reuse much older equipment. Around 700 of these devices were broken or unsuitable and were sent to our recycling partner, London Mining.
C02 emissions Reduction - Each device given a true 2nd life through upgrade means a new one does not have to be manufactured and over 80% of a computer’s carbon footprint is in its production; every upgraded laptop saving the planet from 150kg of CO2 emissions and each desktop 250kg of CO2. Our mission is to support both corporate businesses and UK households to reduce their carbon footprint through responsible technology refurbishment and ethical computer reuse as part of the circular economy to benefit climate and deliver social value. Throughout the report year, we have reduced C02 emissions by a staggering 270 tonnes by refurbishing and upgrading surplus tech devices that have gone on to support charity causes across the UK or sold through our refurbished eShop as part of the circular economy.
Caring for Community – we have supported a diverse range of beneficiaries through the year, ranging from volunteers, unemployed veterans and young carers, to refuges, homeless people and those fleeing domestic abuse. The exact number is hard to measure and our impact far greater than we know, as many will share devices particularly at the drop in support centres and food banks. During the reporting period, we donated over 300 devices to beneficiaries in need. This does not include the monetary value of donations provided through charity discounts on purchases from our eShop.
In addition, we sold approximately 1,700 items, including peripherals or small items, for example we sold approximately 900 laptops, 550 desktops and All In Ones, and 175 phones through our charity e shop to reduce waste, recycling and provide affordable IT to those who may not meet our criteria for free equipment.  This provided a valuable sustainable income model to cover our charitable activities plus employment and volunteer opportunities.
Computers 4 Kent – Our pilot project launched on 1st March 2023, supported by The Cook Foundation where match funding grants were provided, with £10,000 release on the first of each month on a first come, first served basis for a period of three months. 

During the three months following our launch, the following schools and charities were able to purchase refurbished IT equipment with 50% match funding:
- Repton Community Centre
- Harmony Therapy Trust
- Samphire Star & Education
- Canterbury District Volunteer Centre
- Slade Primary School
- Brenzett CE Primary School
 
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DIGITAL PIPELINE
 
(A company limited by guarantee)
 
Achievements and performance (continued)

- Slade Primary School
This was a total saving of £23,834.87 for the schools and charities listed.
After the initial three month period, the funding from our donor was reduced but we were still able to provide a 25% match funding offer. Throughout the year we provided registered schools and charities with further discounts that created a total saving of £40,564 for the reporting period.
“Computers 4 Charity have given us some much-needed breathing room in our hardware budget; this order has allowed us to upgrade some PCs that were over ten years old and bring our computer suites back to strength. The quality of the refurbishments is impressive; students and staff are excited about having ‘new’ machines. Great service, great delivery, great machines – and with the grant funding, I’ve been able to upgrade much more already this year than I thought I would. This will have a direct positive impact on the quality of teaching across our schools.” – Samphire Star Education Trust 
Board – Our Board of Trustees remained the same throughout the year and continued to provide guidance and knowledge to the charity, whilst also referring to the Charity Commission’s general guidance on public benefit when reviewing our risk register, strategy, policies and procedures.
Management Team – our team has been refurbishing computers since 1996 and this year we promoted our Project Coordinator to Operations Manager, following her return from maternity leave. We have a strong management team who support, guide and learn from each other and their peers. 
Employability Skills – we provided five work experience placements for young people with in-house training for health and safety and manual handling. An external course run by St. John’s Ambulance on ‘Health and Safety in the Workplace’ was also attended by four Workshop employees.  Work experience placements were taught how to prepare donated devices for sale and donation. They were given a crash course regarding the components of computers and what we use to upgrade and repair devices. We also asked them to help us with organising, sorting cables and bringing in donations to the workshop. Generous funding from Skinners will also allow to provide some vocational training in 2024.
Volunteering – we doubled our volunteering opportunities during the period and also provided volunteer work experience placements. Our volunteer numbers are low for the charity sector, and we estimate that they contributed over 2,000 volunteer hours providing us with strategic leadership, marketing consultancy, and IT refurbishment.  They consist of retired professionals, corporate volunteers and under 25s with special needs.  
Equality, Inclusion, Diversity and Accessibility – we developed our EIDA Policy through a consultative process with the Board, staff and volunteers to deliver effective operations by better understanding our people.  Our team comprises equal numbers of over 55s and under 25s to deliver our service by sharing our skills, knowledge and experience through peer support.  
Health and Wellbeing – we implemented flexible working practices such as homeworking, hybrid and condensed hour contracts to meet the varied needs of our people through digital transformation. Our trained Mental Health First Aider continued to support our employees and volunteers, some of whom may be carers or have lived experience of mental health conditions. The team were taken out for a Christmas lunch at the end of the year to say ‘thank you’ for the continual work. 
Income diversification - our Marketing Consultant continued to develop our e-commerce platform and continuously optimised, and worked on the SEO targeting to provide low cost refurbished equipment to those who might not be eligible for our free donations.  Thus, reducing waste and providing employment opportunities for NEETs.  
Product diversification – we received increased demand for mobile phones and we secured further free SIM cards through a partnership with Vodaphone that were especially well received by survivors of Domestic Abuse and refuges via our partnership with Red Cross. We also increased our donations of laptops to refugees following the war in Ukraine to enable them to keep in touch with their loved ones, reduce their social isolation, improve their access to online support and help them to find employment. 
 
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DIGITAL PIPELINE
 
(A company limited by guarantee)
 
Achievements and performance (continued)


National Outreach - we continued to hold our national IT Appeals across 12 sites and donated IT devices to charities whilst appealing for redundant IT equipment. We would like to thank Halfords, Dixons Retail Limited, Denton Homes Surrey Limited and Maidstone UK Property Limited for providing us with a national network of sites for local organisations and individuals to donate their IT equipment with minimal travelling.  This reduces our road miles carbon footprint, and assists re use of computers through give aways to charities in the local area to maximise our community benefit. We also work in partnership with The Turing Trust, based in Edinburgh. Videos of our donations can be viewed on our website where our charity partners talk about the impact we make with our donations of equipment.
Kent – we increased our local charity partnerships through our Computers 4 Kent offer. A grant from Skinners Foundation allowed us to provide NEET placements for young people within Kent and a grant/loan from Kent Community Foundation provided us with funding for our Computers 4 Kent project, directly benefiting those in our local community. 

Case Study: work experience for NEET
“In late October 2023, I became aware of a volunteering opportunity at C4C, due to having heard of the charity under the name of Computers 4 Africa as well as having a keen interest in consumer gaming hardware and technology. During this time, I was welcomed by people dedicated to the ethos of environmental sustainability and the ethical use of computers in the UK. Although my roles at the time were unspecialised, I was still able to be useful as an extra pair of hands around the workshop and so overall, it was a positive experience.
Come April 2024 I had accepted the opportunity to be employed by the charity in the workshop department. There, I learned more about the processes involved with taking in a used computer and preparing it to be sold in the best condition possible so that the public is encouraged to reuse perfectly functional electronics in lieu of buying new. This allowed me to learn new skills such as how to troubleshoot defective items and wipe data from drives.
A few weeks later, I was able to move to the sales team where I could develop skills in customer service like responding to return requests, learning how to present an item online such that the title and description appeal to as many potential customers as possible, then identifying useful feedback to improve the way we sell items from listing to packaging. Along the way I have learnt how to communicate 1 on 1 with customers such that they are sold the items with specifications they require, even though they may not be technically literate. I have also been able to form positive relationships with my co-workers with whom I have already shared great success, which has been a great source of confidence”. – Dan Thompson – 22 years old – IT Sales and E-Commerce Assistant
Case Study: support for family in Kent
M is a young mother supported by Snodland Food Assist. M sadly recently lost her husband to cancer and has two young children. Unable to find employment following her recent bereavement, M had been supported with food from Snodland Food Assist. M has no access to technology and has been trying to job hunt using the local library computer with her two young children in tow. Computers 4 Charity were able to meet this beneficiary’s need by donating a laptop to support the young family. 
“We would like to thank Computers 4 Charity for providing a laptop to help our client find work to support her family following her recent bereavement. Having a laptop will make searching for available jobs a lot easier whilst she continues to provide care for her two young children.” – Snodland Food Assist
Thank you quotes from Charities
A survivor’s Story, Kent : “Thank you So Much To Computers 4 Charity, this will help us so much to become up to date and help other victims giving them the support and information they need to help rebuild their lives. As we all know abuse has no gender.
 
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DIGITAL PIPELINE
 
(A company limited by guarantee)
 
Achievements and performance (continued)

Imago Kent: “We would like to take the opportunity to thank Computers 4 Charity for donating laptops to Imago. These will go to Young Carers or children and young people with disabilities who access our Short Breaks service. It can be hard for young people to stand out and be different from others. Having access to a laptop to complete homework and do research provides a real benefit to them and makes life so much easier. Thank you again.”.  
Emmaus Greenwich – “Thank you so much for the laptop! Our previous laptop had a damaged screen so now we’re able to see everything clearly. We’re using it for our Companion training sessions and for our community quiz nights!”
Assisted Accommodation – “Assisted Accommodation house 170 clients, the age demographics of our clients, mostly are under 35 years old. We work hard to encourage them to reach their goals in Education, Training & Employment. All our clients are on universal credit, where they are committed to search for employment. We are working on rolling out free wifi at all our properties to further ensure that none of our clients are face not face with digital poverty.’
Looking forward to 2024
Computers 4 Charity is focused on achieving our strategic goals of reducing digital poverty for our community and climate change by its reuse programme with a 3 year stabilisation grant for core costs, staff training and wellbeing events by Colyer Fergusson.  We plan to work towards the National TOMS Framework by:
Promoting Skills and Employment – through volunteer and work experience opportunities to promote growth and development opportunities within Kent. We are developing our support for young people through work experience and aim to deliver a vocational course alongside the experience. We will continue our work with schools and charities through corporate match funding programmes for them to increase their IT provision to pupils and educate in reuse as part of the UN sustainability goals to reduce poverty.  We aim to pay our people above minimum wage with a bonus scheme and aim to be a Living Wage Employer by the end of 2024.
Creating Healthier, Safer and More Resilient Communities - we will continue to data wipe and refurbish devices and focus on redistribution of tech to our charity partners to reduce digital poverty and increase access to online health services.  
Protecting and Improving our Environment – We have a NET Zero Plan and aim to save 1,000 tonnes of CO2 in 2024. This will be achieved in the main by giving 4,000 desktop computers (or laptop equivalents) a second life, through refurbishing. 
Each device given a true second life through upgrade means a new one does not have to be manufactured and over 80% of a computer’s carbon footprint is in its production; every upgraded laptop saving the planet from 150kg of CO2 emissions and each desktop 250kg of CO2*.
* Notes:
Scope 3 Emissions
https://www.carbontrust .com/resources/briefing -what-are-scope -3-emissions
Lancaster University 
The real climate and transformative impact of ICT: A critique of estimates, trends and regulations 2021
https://www.sciencedirect .com/science/article /pii/S2666389921001884
Harvard University
Smaller, faster, greener: Examining the environmental impact of computation and the future of green computing, 2021 https://www.seas.harvard .edu/news/2021/03 /smaller-faster-greener
Promoting Social Innovation - investment is being made on our donor development experience with a bespoke CRM designed by our Head of Refurbishment and seasonal e-newsletters to be designed by our Marketing Officer with reciprocal marketing opportunities for our corporate sponsors. 
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DIGITAL PIPELINE
 
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Achievements and performance (continued)

 

Financial review
 

l Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

l Reserves policy
 

Much of the company’s charitable work cannot be expressed in financial terms and the aim of the Trustees is to accumulate a sufficient corpus of funds so that this work can be carried on. The charity also accumulates stocks of donated PCs and other IT equipment which are held in reserve to meet the needs and specific requests from other charities.
Unrestricted reserves as of 31st December 2023 was in surplus by £968 although the Trustees aim to accumulate unrestricted funds equal to three months operating costs.
 

l Principal funding
 

The Charity is principally funded by the income from its on-line eBay charity shop sales.
We fund our give-aways by selling surpluses, items that our charity beneficiaries do not want or less than 50% of the computers we receive. Together with some corporate sponsorship and grant funding, this is what enables us to give unemployed young people work experience, training and jobs and donate devices to charities free-of-charge.
In order to fund the refurbishment and upgrade of equipment we run a charity e-Shop with a “
Buy One, Give One Free” policy; each item bought enables us to give one away free-of-charge to another charity. Buyers can select a range of device specifications and add-ons, which are all refurbished and help enable us to be as self-funding as possible.
 

l Financial summary
 

The charity’s income increased from £406,468 in 2022 to £445,048 in 2023.
Donations and legacies increased from £27,833 to £48,035 with £42,424 being restricted funds.   
Income from our charitable activities increased from £378,633 to £397,005 for the year.
The charity significantly increased its total expenditure from £396,660 in 2022 to £461,668 making a deficit of £16,620 in 2023.
Expenditure on raising funds was generally in line with the previous year £35,575 (2022: £35,145).
 

Structure, governance and management
 

l Constitution
 

Digital Pipeline is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association dated 10 December 2006, amended by Special Resolution dated 16 July 2012 and is a registered charity number 1118674 in England and Wales and SC043181 in Scotland.
 

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Structure, governance and management (continued)

l Methods of appointment or election of Trustees
 

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
 

l Organisational structure and decision-making policies
 

Details of the organisational structure:
• Board of Members
• Board of Trustees/Directors
• Honorary Chief Executive
• Marketing, Administration, Finance, ICT, Operations and Fundraising
 

l Policies adopted for the induction and training of Trustees
 

Trustees are familiar with the work of the charity and have a wide knowledge of business and commerce. They are guided by the Memorandum and Articles of Association, a copy of which is distributed to new Trustees along with copies of the latest financial statements.  Trustees are then introduced to people involved with the organisation.  Meetings are arranged with key people involved in the organisation to discuss information contained in the Trustees Induction Pack and we are members of NCVO for training and best practice.
 

l Risk management
 

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
The trustees review the risk register annually with the main risks identified as:
1. 
Going concern to deliver social impact.  Mitigation: the charity operates a lean sustainable operations model with reserves of cash and equipment which can be sold.
2. 
Global and economic uncertainty.  Mitigation: diversifying our income opportunities. 
3. 
Failure to recruit and retain staff or trustees with the capabilities needed.  Mitigation: investment into training and wellbeing to ensure staff and trustee retention remains high.
4. 
Absenteeism.  Mitigation: flexible working and a flexible workforce who cover for each other.
 

Members' liability
 

The Members of the Charity guarantee to contribute an amount not exceeding £10 to the assets of the Charity in the event of winding up.
 

Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


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(A company limited by guarantee)
 
Statement of Trustees' responsibilities (CONTINUED)

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees on 28 October 2024 and signed on their behalf by:
 




Mark Lawrence
Page 10

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023

Independent examiner's report to the Trustees of Digital Pipeline ('the Charity')

 
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2023.


Responsibilities and basis of report


As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 ('the 2005 Act'), the Charities Accounts (Scotland) Regulations 2006 (as amended) ('the 2006 Accounts Regulations') and the Companies Act 2006 ('the 2006 Act').  You are satisfied that the accounts of the Charity are not required by charity or company law to be audited and have chosen instead to have an independent examination.


Having satisfied myself that the accounts of the Charity 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 the Charity's accounts carried out under section 44(1)(c) of the 2005 Act and section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the requirements of Regulation 11 of the 2006 Accounts Regulations and the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.


Independent examiner's statement


Since the Charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the 2006 Accounts Regulations. I can confirm that I am qualified to undertake the examination because I am a registered member of Association of International Accountants, which is one of the listed bodies.


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 Charity as required by section 386 of the 2006 Act and Regulation 4 of the 2006 Accounts Regulations; or

2.
the accounts do not accord with those records and with the accounting requirements of Regulation 8 of the 2006 Accounts Regulations; 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.


This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008 and Regulation 11 of the Charities Accounts (Scotland) Regulations 2006My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted
Page 11

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023

by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.





Signed:      Dated: 28 October 2024

Brian Pusser     ACCA

24 Downsview, Chatham, Kent, ME5 0AP
Page 12

 
DIGITAL PIPELINE
 
(A company limited by guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023


Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
Note
        £
        £
        £
        £

Income from:







Donations and legacies

3

42,424

5,611

48,035

27,833
 
Charitable activities

4

-

397,005

397,005

378,633
 
Investments

5

-

8

8

2
 
Total income
42,424
402,624
445,048
406,468
Expenditure on:







Raising funds

6

6,058

29,517

35,575

35,145
 
Charitable activities

8

26,418

399,675

426,093

361,515
 
Total expenditure
32,476
429,192
461,668
396,660

Net income/(expenditure)

  

9,948

(26,568)

(16,620)

9,808
 
Transfers between funds

 18 

2,052

(2,052)

-

-
 
Net movement in funds
  
12,000
(28,620)
(16,620)
9,808

Reconciliation of funds:

  





Total funds brought forward

  

1,070

29,588

30,658

20,850
 
Net movement in funds

  

12,000

(28,620)

(16,620)

9,808
 
Total funds carried forward
  
13,070
968
14,038
30,658

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 16 to 30 form part of these financial statements.

Page 13

 
DIGITAL PIPELINE
 
(A company limited by guarantee)
REGISTERED NUMBER: 06035936

 
 
BALANCE SHEET
AS AT 31 DECEMBER 2023


2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 13 
13,026
17,283

  
13,026
17,283

Current assets
  

Debtors
 14 
28,815
5,755

Cash at bank and in hand
  
32,782
16,134

  
61,597
21,889

Creditors: amounts falling due within one year
 15 
(27,120)
(8,514)

Net current assets 
  
 
 
34,477
 
 
13,375

Total assets less current liabilities
  
47,503
30,658

Creditors: amounts falling due after more than one year
 16 
(33,465)
-

Net assets excluding pension asset 
  
14,038
30,658

Total net assets 
  
14,038
30,658


Charity funds
  

Restricted funds
 18 
13,070
1,070

Unrestricted funds
 18 
968
29,588

Total funds
  
14,038
30,658

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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

The financial statements were approved and authorised for issue by the Trustees on 28 October 2024 and signed on their behalf by:

Page 14

 
DIGITAL PIPELINE
 
(A company limited by guarantee)
REGISTERED NUMBER: 06035936

 
 
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023




Mark Lawrence

The notes on pages 16 to 30 form part of these financial statements.

Page 15

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Digital Pipeline using Working Name 'Computers 4 Charity, Caring for Climate and Community' is a company limited by guarantee incorporated in England and Wales and registered charity number 1118674 in England and Wales and SC043181 in Scotland.  The registered office is A6 (Unit 4), 1stFloor, Powerhub Business Centre, St. Peters Street, Maidstone, Kent, ME16 0ST.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Digital Pipeline meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

  
2.3

Expenditure

Expenditure 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 the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Page 16

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

2.3

Expenditure (continued)

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

  
2.4

Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

  
2.5

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

 
2.6

Tangible fixed assets and depreciation

Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. 

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
33%
straight line
Motor vehicles
-
20%
straight line
Fixtures and fittings
-
25%
straight line
Office equipment
-
20%
and 33% straight line

  
2.7

Stocks

For resale - the Trustees consider it impractical, considering the time cost, to measure the fair value of goods donated for resale and therefore donated goods are recognised when they are sold.  
For donation to beneficiaries - the charity aims to recognise donated goods for distribution to its beneficiaries as a component of donations when it is distributed, with an equivalent amount recognised as charitable expenditure and measured at its fair value.  

Page 17

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.8

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

  
2.9

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.10

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.11

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

  
2.12

Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Page 18

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.13

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 19

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.

Income from donations and legacies




Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
        £
        £
        £
 



Donations

-

3,778

3,778

Grants

42,424

1,833

44,257



42,424
5,611
48,035




Restricted funds
2022
Unrestricted funds
2022
Total
funds
2022
        £
        £
        £



Donations

-

3,186

3,186

Grants

10,990

600

11,590

Government grants

-

13,057

13,057



10,990
16,843
27,833


4.

Income from charitable activities




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Sale of IT Equipment

266,554

266,554

181,818
 
Appeals (PR income)

127,000

127,000

196,815
 
Recycle income

1,501

1,501

-
 
Overhead recovery income

1,950

1,950

-
 


397,005
397,005
378,633

Page 20

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.

Investment income




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Investment income - local cash

8

8

2
 


6.

Expenditure on raising funds

Costs of raising voluntary income




Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
        £
        £
        £




Marketing and other fundraising costs

3,058

20,248

23,306

Wages and salaries

3,000

8,695

11,695

National Insurance

-

401

401

Pension costs

-

173

173



6,058
29,517
35,575



Unrestricted funds
2022
Total
funds
2022
        £
        £



Marketing and other fundraising costs

24,535

24,535

Wages and salaries

10,305

10,305

National Insurance

161

161

Pension costs

144

144



35,145
35,145







Page 21

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.

Analysis of grants



Grants to Institutions
2023
Total
funds
2023
        £
        £



Grants, Sale of IT Equipment

36

36




Grants to Institutions
2022
Total
funds
2022
        £
        £



Grants, Sale of IT Equipment

36

36



8.

Analysis of expenditure on charitable activities


Summary by fund type




Restricted funds
2023
Unrestricted funds
2023
Total
2023
        £
        £
        £




Sale of IT Equipment

26,377

314,095

340,472

Appeals (PR income)

41

85,580

85,621



26,418
399,675
426,093




Restricted funds
2022
Unrestricted funds
2022
Total
2022
        £
        £
        £




Sale of IT Equipment

8,704

250,097

258,801

Appeals (PR income)

1,216

101,498

102,714



9,920
351,595
361,515

Page 22

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.

Analysis of expenditure by activities





Activities undertaken directly
2023
Grant funding of activities
2023
Support costs
2023
Total
funds
2023
        £
        £
        £
        £





Sale of IT Equipment

205,988

36

134,448

340,472

Appeals (PR income)

78,204

-

7,418

85,622



284,192
36
141,866
426,093






Activities undertaken directly
2022
Grant funding of activities
2022
Support costs
2022
Total
funds
2022
        £
        £
        £
        £





Sale of IT Equipment

175,612

36

83,153

258,801

Appeals (PR income)

99,510

-

3,204

102,714



275,122
36
86,357
361,515



10.

Independent examiner's remuneration

2023
2022
£
£

Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts
300
100

Page 23

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

11.



Staff costs


2023
2022
£
£


Wages and salaries
299,314
241,221

Social security costs
13,795
5,192

Contribution to defined contribution pension schemes
3,441
1,855

316,550
248,268

The average number of persons employed by the Charity during the year was as follows:


2023
2022

No.
No.


Administration
3
1

Appeals
1
1

Workshop
9
9

Fundraising
1
1

14
12

No employee received remuneration amounting to more than £60,000 in either year.




The Honorary Chief Executive role was undertaken pro bono during the year.


12.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).

During the year ended 31 December 2023, no Trustee expenses have been incurred (2022 - £NIL).

Page 24

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

13.


Tangible fixed assets




Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£


Cost or valuation

At 1 January 2023
4,150
14,000
3,061
3,188
24,399


At 31 December 2023

4,150
14,000
3,061
3,188
24,399


Depreciation

At 1 January 2023
3,092
353
483
3,188
7,116

Charge for the year
763
2,729
765
-
4,257


At 31 December 2023

3,855
3,082
1,248
3,188
11,373


Net book value


At 31 December 2023
295
10,918
1,813
-
13,026


At 31 December 2022
1,058
13,647
2,578
-
17,283


14.



Debtors


2023
2022
£
£


Due within one year

Trade debtors
28,815
4,951

Other debtors
-
804

28,815
5,755

Page 25

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

15.



Creditors: Amounts falling due within one year


2023
2022
£
£


Other loans
8,135
-

Trade creditors
3,324
3,818

Other taxation and social security
4,519
-

Other creditors
908
-

Accruals and deferred income
10,234
4,696

27,120
8,514


16.



Creditors: Amounts falling due after more than one year


2023
2022
£
£


Other loans
33,465
-


Included within the above are amounts falling due as follows: 

2023
2022
£
£

Between one and two years

Other loans
7,273
-

Between two and five years

Other loans
26,192
-

Over five years


17.



Financial instruments


2023
2022
£
£

Financial assets

Financial assets measured at fair value through income and expenditure
32,782
16,133


Financial assets measured at fair value through income and expenditure comprise cash balances.

Page 26

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

18.

Statement of funds


Statement of funds - current year

Balance at 1 January 2023
£
Income
£
Expenditure
£
Transfers in/out
£
Balance at 31 December 2023
£

Unrestricted funds






Designated funds







Warnborough

-

1,833

(1,833)

-

-
 

General funds







General Funds - all funds

29,588

400,791

(427,359)

(2,052)

968
 
Total Unrestricted funds




29,588

402,624

(429,192)

(2,052)

968

Restricted funds







Arnold Clark

1,070

-

-

-

1,070
 
Access Foundation

-

5,000

(5,000)

-

-
 
Colyer-Fergusson

-

-

(1,998)

1,998

-
 
Edward Gosling

-

5,000

(5,034)

34

-
 
Kent Community Foundation

-

12,000

(2,000)

-

10,000
 
Lawson Trust

-

5,000

(5,020)

20

-
 
Lions - Maidstone

-

424

(424)

-

-
 
Sackler Trust

-

5,000

(4,000)

-

1,000
 
Skinners Foundation

-

10,000

(9,000)

-

1,000
 



1,070
42,424
(32,476)
2,052
13,070

Total of funds


30,658
445,048
(461,668)
-
14,038

Page 27

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

18.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 January 2022
£
Income
£
Expenditure
£
Balance at
31 December 2022
£

Unrestricted funds





General Funds - all funds

20,850

395,478

(386,740)

29,588
 


Restricted funds






Arnold Clark

-

10,990

(9,920)

1,070
 


Total of funds


20,850
406,468
(396,660)
30,658


19.

Summary of funds


Summary of funds - current year

Balance at 1 January 2023
£
 
Income
£
 
Expenditure
£
 
Transfers in/out
£
 
Balance at 31 December 2023
£
 
Designated funds

-

1,833

(1,833)

-

-
 
General funds

29,588

400,791

(427,359)

(2,052)

968
 
Restricted funds

1,070

42,424

(32,476)

2,052

13,070
 


30,658
445,048
(461,668)
-
14,038

Page 28

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

19.

Summary of funds (continued)


Summary of funds - prior year

Balance at
1 January 2022
£
 
Income
£
 
Expenditure
£
 
Balance at
31 December 2022
£
 
General funds

20,850

395,478

(386,740)

29,588
 
Restricted funds

-

10,990

(9,920)

1,070
 


20,850
406,468
(396,660)
30,658


20.

Analysis of net assets between funds

Analysis of net assets between funds - current year

Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
        £
        £
        £



Tangible fixed assets

-

13,026

13,026

Current assets

13,070

48,527

61,597

Creditors due within one year

-

(27,120)

(27,120)

Creditors due in more than one year

-

(33,465)

(33,465)

Total 


13,070
968
14,038



21.


Pension commitments

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 
The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,441 (2022 - £1,855).   At the balance sheet date £908 (2022 - £ Nil) was payable to the fund and is included in other creditors.

Page 29

 
DIGITAL PIPELINE

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

22.


Operating lease commitments

At 31 December 2023 the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

2023
2022
£
£


Not later than 1 year
31,030
-

Later than 1 year and not later than 5 years
109,037
-

140,067
-




23.


Related party transactions

Donations, grants and other financial support received without conditions totalling £127,000 (2022:£196,815) were received during the year from Trustees and Senior Management and from entities connected with the Trustees and Senior Management.

Page 30